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Wednesday, July 2, 2025

BUSINESS

Samsung Biologics’ new production plant to be ready by April 2025

Samsung Biologics’ upcoming $1.5-billion production plant will be ready for operation by April 2025, five months earlier than previously expected, according to the pharmaceutical...

Government to spend 64 trillion won on promoting service exports

The government will pour 64 trillion won ($49.2 billion) into promoting service exports over the next five years, in a bid to bring the...

Samsung Biologics signs CMO agreement with U.S. company

Samsung Biologics inked a $112.5 million contract manufacturing organization (CMO) letter of intent with an unnamed U.S. biopharmaceutical firm, the Korean company said in...

YouTube closes MAU gap with Kakao and Naver

YouTube is gaining a strong foothold in Korea as its number of monthly users is close to outpacing that of dominant players like Kakao...

Samsung joins RISC-V to challenge Arm’s stranglehold

Samsung Electronics will join Intel, Nvidia and Google in developing an open-source semiconductor software system in an effort to reduce reliance on British chip...

Samsung SDI to run facilities on 100% renewables by 2050

Samsung SDI is pushing hard for environmental, social and corporate governance (ESG) management, with the goal of fully running its global production facilities only...

SK networks’ investment subsidiary to work with Bow Capital

SK networks’ investment subsidiary will work with Bow Capital, a U.S. venture fund, in early-stage venture investments, the parent company said Wednesday. Hico Capital, a...

Three HYBE employees face insider trading charges

Three HYBE employees have been referred to the prosecution for insider trading, financial authorities said Wednesday. The Financial Supervisory Service allege that they sold their...

Hanwha Aerospace invests in fund for Forge Nano

Hanwha Aerospace said Tuesday it is joining a $50 million fund for a U.S. materials science company that owns a unique nano-coating technology for...

Samsung Biologics to go big on CDMO at BIO USA 2023

Samsung Biologics will be heavily promoting its capabilities in contract development and manufacturing organization (CDMO) at the BIO International Convention 2023 (BIO USA) in...