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Reporter : Kim Bo-eun
Fri, October 22, 2021 | 10:17
LG CNS strengthening B2B digital solutions
An LG CNS employee introduces the company's Digital Customer Experience Center (DCX) in this company-distributed photo. The LG affiliate set up the center in September and is scaling up its products that optimize the digital experience for customers accessing their client companie...
SK hynix seeks to take over Key Foundry
SK hynix, the world's second-largest memory chip maker, is seeking to acquire a 100 percent stake in Key Foundry, the former contract manufacturing unit of Korea-based Magna Chip.
[Reporter's notebook] Korea needs to boost efforts to prepare for 6G
It's been two years since fifth-generation (5G) telecommunication services were first rolled out in Korea in April 2019, and so it may seem early to focus on 6G. But given the launch of the next generation services is a long-term project, now is the time to speed up research and development. While 5G technology offers 20-times faster data speed than 4G long-term evolution (LT...
Samsung plans to build 1st battery cell plant in US
Samsung SDI is looking to build its first battery cell plant in the United States, as the market for electric vehicles (EV) there is set to see explosive growth, according to industry sources, Monday. The battery making unit of the nation's largest conglomerate operates a battery pack plant only in the U.S. state of Michigan, which is assigned to assemble batteries. The batte...
SK Bioscience vaccine plant gets EU approval
SK's vaccine contract manufacturer said Monday that it received quality approval from European authorities for its plant that produces COVID-19 vaccines here.
Naver to take part in Bank of Korea's digital currency test
Korean internet services company Naver is set to take part in the Bank of Korea's (BOK) central bank digital currency (CBDC) tests. Its participation is set to serve as an advantage when the government selects private-sector partners in issuing the currency.
Samsung, LG perplexed by UN allegations of Uyghur rights violation
Major conglomerates stated Friday they are not involved in human rights issues relating to China's Uyghur minority centered in the region of Xianjiang. Their remarks came after the U.N. Office of the High Commissioner for Human Rights (OHCHR) requested Korean companies clarify their transactions with China-based firms employing forced labor by the ethnic minority.
New biz focus poses dilemma for telecom firms
The country's three major telecom companies saw their profits grow in the first quarter, backed by new business ventures in non-telecom sectors as they seek opportunities within new fields of information and communication technology such as artificial intelligence, big data and cloud computing.
SK Innovation expecting over W3 trillion in battery sales this year
SK Innovation said Thursday it expects sales generated from electric vehicle (EV) batteries to exceed 3 trillion won this year, doubling the figure for 2020.
Korea emerging as Asia's vaccine hub
Korea is quickly becoming a hub for producing vaccines and treatments for COVID-19 in Asia, based on its advanced manufacturing capabilities and capacity. Sources told The Korea Times that Moderna is reviewing setting up a production plant on Incheon's Yeongjong Island, where Incheon International Airport is located.
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