Latest news
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Samsung Biologics clinches $296 million contract from Britain's GSK for consignment production
SEOUL -- Samsung Biologics, a leading bio company in South Korea, has clinched a $296 million contract from GlaxoSmithKline (GSK), a British multinational pharmaceutical company, for the consignment production of unspecified medicines. The contract period is until December 31, 2030. In a regulatory filing on October 20, Samsung Biologics refused to disclose which drugs are commissioned to produce. Under a partnership with GSK in 2020, Samsung Biologics agreed to supply belimumab,
October 20, 2022 -
Coldplay collaborates with BTS member Jin for single album ahead of enlistment
SEOUL -- British rock band Coldplay has collaborated with Jin, the eldest BTS member, for a solo single titled "The Astronaut" ahead of his conscription for South Korea's mandatory military service. The five-member British band has previously released a collaboration single called "My Universe" with BTS in both Korean and English. Jin's agency, Big Hit Music, posted a poster on Facebook that the new single would be released on October 28. The music video
October 20, 2022 -
LS Cable secure $167 million deal to supply cables for offshore windfarm near Norfolk
SEOUL -- LS Cable & System, a major cable maker in South Korea, has secured a contract worth about 240 billion won ($167 million) to supply high-voltage direct current transmission cables for an offshore windfarm complex to be built by Vattenfall, a Swedish power company, near Norfolk in England. LS Cable said it would supply 320-kilovolt (kV) high-voltage direct current transmission (HVDC) submarine and underground cables to Vattenfall’s Norfolk zone, which is one of the
October 20, 2022 -
GI Innovation's GI-101 designated by FDA as special drug for rare skin cancer
SEOUL -- GI-101, an immunotherapy agent against a rare skin cancer called "Merkel cell carcinoma (MCC)," was designated by the U.S. Food and Drug Administration (FDA) as an orphan drug, which is allowed to be used for extremely rare and incurable diseases with an annual prevalence of less than 100,000. The agent created by South Korea's bio-venture company GI Innovation will receive tax benefits and monopoly rights. MCC is an incurable disease that appears in Merkel c
October 20, 2022 -
Researchers develop fluorosulfate-based flame-retardant for high-energy batteries
SEOUL -- For the first time in the world, South Korean researchers have developed a fluorosulfate-based flame-retardant electrolyte additive for high-energy lithium batteries used in electric vehicles and energy storage systems. High-performance lithium-ion batteries are widely used in the world's electric vehicle (EV) and energy storage system (ESS) sectors. However, they also pose a grave threat to human lives and property because electrolytes used in lithium-based batter
October 20, 2022 -
JLK's AI cerebral infarction analysis solution adopted by university hospital
SEOUL -- JBS-01K, an artificial intelligence-based cerebral infarction analysis solution created by South Korea's medical solution company JLK, will be used at a university hospital to speed up the screening process and reduce employment costs. The solution analyzes cerebral infarction types based on magnetic resonance imaging and clinical data. Cerebral infarction is a disease in which blood vessels in the brain are blocked and parts of the brain die. One of the main causes is
October 20, 2022 -
SK innovation uses Spot and Guardian S intelligent robots for factory safety check
SEOUL -- SK innovation, an intermediate holding company of SK Group, introduced two intelligent robots, Spot and Guardian S, which move like dogs and snakes, to check the safety of facilities at its main production complex that requires close safety management because of a complicated web of pipelines on 8.26 million square meters of land in the southeastern industrial port city of Ulsan. Spot is a four-legged robot developed by Boston Dynamics acquired by South Korea's Hyundai
October 20, 2022 -
LGES signs supply deal with Australia's Syrah to receive 2,000 tons of natural graphite
SEOUL -- LG Energy Solution signed a supply deal with Syrah Resources, a resource company based in Australia, to receive 2,000 tons of natural graphite, a key component of lithium-ion batteries, from a plant to be built in Louisiana. The deal will help the South Korean battery maker reduce its reliance on Chinese raw materials regulated by a U.S. inflation reduction act. Under a memorandum of understanding, LG Energy Solution (LGES) will increase the scale of cooperation with Syr
October 20, 2022 -
Multifunctional transparent film capable of heat ray and light emitting functions commercialized in S. Korea
SEOUL -- A multifunctional transparent film that can be applied to 5G communication, smart buildings and autonomous driving was commercialized in South Korea. The transparent film with antenna, heat ray and light-emitting functions enables smooth 5G communication, high-efficiency heat diffusion and efficient information transfer. The smart transparent film has been developed by a research team led by Lee Seung-seob, a mechanical engineering professor at the Korea Advanced Institute
October 19, 2022 -
First batch of S. Korean tanks and howitzers rolled out for delivery to Poland
SEOUL -- The first batch of South Korean tanks and self-propelled howitzers was rolled out for delivery to Poland, just two months after the European country concluded an arms deal on the quick introduction of foreign weapons to fill up equipment shortages caused by the support of crucial munitions to Ukraine. Poland has signed basic deals with South Korea to acquire FA-50 light attack fighters, K2 tanks and K9 self-propelled howitzers. Hanwha Defense and Hyundai Rotem held separate
October 19, 2022
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Commemorative event explores Tagore's legacy in Korea
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VISUALS: Indian philosopher Tagore's 163rd birth anniversary celebrated on Nami Island
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John Y. Lee, Korean War hero who interpreted for MacArthur, dies at 95
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'We support BTS, not HYBE'
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Hanwha Robotics, B-Robotics join hands on restaurant automation project
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BTS agency launches global audition for new boy band
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Spike in juvenile gambling raises concerns in Korea
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Harmful substances found in toys sold on Chinese e-commerce platforms
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Hyundai Rotem selected as preferred bidder for armored vehicle contract with Peru
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Korea to launch international webtoon festival in September