my timesThe Korea Times
baekby

Baek Byung-yeul

Korea Times K-Culture Reporter

Baek Byung-yeul is a journalist at The Korea Times focused on cultural content, including films and cultural events in South Korea. You can contact him at baekby@koreatimes.co.kr to share your insights.

Go to Email

Read more

Companies

Hyundai Motor blends legacy with innovation in Italy

Chung Euisun, center, chairman of Hyundai Motor Group, takes a look at the Hyundai N Vision 74 concept car at Concorso d'Eleganza Villa d'Este, an event displaying classic cars and new concept cars held at Lake Como, Italy, Saturday (local time). The Korean carmaker joined the event, held from Friday to Sunday, showcasing its hydrogen-electric hybrid vehicle, which is a reinterpretation of the classic Hyundai Pony Coupe. The model, which was introduced in 1974, was never mass-produced. Courtesy of Hyundai Motor Group

May 21, 2023By Baek Byung-yeul
Hyundai Motor blends legacy with innovation in Italy
Companies

HLB seeks approval for liver cancer drug with US FDA

Jang Seong-hoon, chief operating officer of Elevar Therapeutics, HLB's U.S. subsidiary, explains the efficacy and safety of the company's Rivoceranib anticancer drug during a symposium hosted by Korea's Ministry of Food and Drug Safety in Washington, D.C., March 21. HLB said on Thursday it recently submitted a new drug application to the U.S. FDA for Rivoceranib. Courtesy of HLBBy Baek Byung-yeulHLB, an international biopharmaceutical company, submitted a new drug application (NDA) for its Rivoceranib liver cancer drug to the U.S. Food and Drug Administration (FDA) on Tuesday. If successful, it would become the first Korean biotechnology company to win a new drug approval in the U.S., the company said Thursday.It has taken the company about 12 years to get to this point since first launching a global trial of Rivoceranib in 2011.“This is the first time a Korean biopharmaceutical company has completed its own clinical trials for a new anticancer drug and proceeded with the NDA process,” a company spokesman said.HLB, which holds global patent rights for Rivoceranib, has bee

May 18, 2023By Baek Byung-yeul
HLB seeks approval for liver cancer drug with US FDA
Tech & Science

Samsung SDS to expand global Cello Square logistics platform

O Koo-il, executive vice president and head of Logistics Business Division at Samsung SDS, speaks during a press conference held at the company's headquarters in Seoul, Thursday. Courtesy of Samsung SDSBy Baek Byung-yeulSamsung SDS will increase the availability of its digital logistics platform Cello Square to 30 countries by 2024 and will expand the scope of its service to make it easier for customers to use digital technology to quote, transport, track and pay for logistics services, the company said Thursday. “Logistics is all about how well a company runs its operations. When the Suez Canal congestion occurred in 2022, companies didn't wait for the problem to be solved there ― they went around the African continent. This is because the risk of holding logistics for a longer time is more expensive than the cost of avoiding risk,” O Koo-il, executive vice president and head of the Logistics Business Division at Samsung SDS, said during a press conference at the company's headquarters in Seoul.“In that sense, we have advanced the features of Cello Square to suppor

May 18, 2023By Baek Byung-yeul
Samsung SDS to expand global Cello Square logistics platform
Tech & Science

Nuri rocket, Danuri orbiter are biggest achievements of Yoon administration: science minister

Lee Jong-ho, minister of science and ICT, speaks during a press conference to mark his first anniversary in office at the ministry's headquarters in Sejong, Wednesday. Courtesy of Ministry of Science and ICTBy Baek Byung-yeulOne of the biggest achievements of the government, in the field of science and technology over the past year, since President Yoon Suk Yeol took office in May 2022, comes from the space sector. In particular the successful launches of the Nuri launch vehicle and the Danuri lunar orbiter, the minister of science and ICT said Wednesday.“With the successful launch of the Nuri rocket in June last year and the transfer of launch vehicle technology to private companies, I believe the era of a private-led space economy has begun. Following the successful launch of Korea's first lunar orbiter, Danuri, into lunar orbit, we presented a blueprint for landing on Mars by 2045,” Lee Jong-ho, minister of science and ICT, said in a press conference in the ministry's headquarters in Sejong.“We are also in the process of launching the space agency, a dedicated sp

May 17, 2023By Baek Byung-yeul
Nuri rocket, Danuri orbiter are biggest achievements of Yoon administration: science minister
Tech & Science

Upstage unveils new AI services

Kim Sung-hoon, founder and CEO of Upstage, speaks during a press conference at Ferrum Tower in central Seoul, Tuesday. Courtesy of UpstageBy Baek Byung-yeulUpstage, a local artificial intelligence (AI) technology startup, has unveiled two AI services according to the company, Tuesday. The services are Document AI Pack, an optical character recognition (OCR) technology-based document processor; and AskUp Seargest, an AI chat service that combines search and recommendation features.Document AI Pack is an AI solution that can be utilized in various fields such as finance, insurance and health care, Upstage said. Using OCR technology, the service converts documents in image or PDF format to text and then extracts and summarizes the content of the required documents using natural language processing technology.“This solution can help companies improve the efficiency and accuracy of document management and processing. Customers such as Samsung Life Insurance, Hanwha Life Insurance and POSCO Holdings have been using our service,” Kim Sung-hoon, founder and CEO of Upstage said du

May 16, 2023By Baek Byung-yeul
Upstage unveils new AI services
Companies

INTERVIEW BioTNS targets overseas diagnosis market with digital PCR

Lee Seung-il, right, CEO of Management at BioTNS and Kim Bong-suk, CEO of R&D at BioTNS / Courtesy of BioTNSBy Baek Byung-yeulMolecular diagnostics using polymerase chain reaction (PCR) technology has become a popular diagnostic method due to the outbreak of COVID-19.Lee Seung-il, CEO of Management at BioTNS, a domestic digital PCR Company, said on May 12 that its advanced PCR technology is able to diagnose various diseases such as cancer and Alzheimer's disease, and that this technology will lead to more people being able to learn more quickly about their illnesses and to treat them appropriately.“We are focusing on developing the business of digital PCR technology and products, the next generation PCR technology. This enables ultra-precise diagnosis of high-risk respiratory diseases, as well as cancer and Alzheimer's disease diagnosis. We believe this technology will eventually contribute to the improvement of human health,” Lee told The Korea Times in an email interview.Established in 2011, the Daejeon-based company develops, produces and sells droplet-based applia

May 16, 2023By Baek Byung-yeul
[INTERVIEW] BioTNS targets overseas diagnosis market with digital PCR
Tech & Science

Samsung to collaborate with Bank of Korea on CBDC

Choi Won-joon, right, executive vice president and head of R&D office at Mobile eXperience (MX) Division of Samsung Electronics, poses with Lee Seung-heon, senior deputy governor of Bank of Korea, after agreeing to cooperate on central bank digital currency technology at Samsung's headquarters in Suwon, Gyeonggi Province, Monday. Courtesy of Samsung ElectronicsBy Baek Byung-yeulSamsung Electronics will conduct joint research with the Bank of Korea (BOK) to develop an ecosystem for a central bank digital currency (CBDC), according to the company, Monday. The two sides signed a memorandum of understanding that day at Samsung's headquarters in Suwon, Gyeonggi Province. CBDC is a central bank-issued digital currency and many countries are preparing to launch their own digital currencies for more transparent and secure transactions.Through the agreement, Samsung and the BOK will continue to conduct research on a BOK-issued CBDC and collaborate in the offline payment sector.Samsung already joined the BOK-led CBDC pilot project last year . At that time, it developed offline CBDC technol

May 15, 2023By Baek Byung-yeul
Samsung to collaborate with Bank of Korea on CBDC
Companies

Korea to export halal beef to Malaysia

From left, Agriculture, Food and Rural Affairs Minister Chung Hwang-keun, poses with Handawoon FSL Chairman Ryu Chang-youl, beef importer Jofadli Abdul Rashid and Federal Agricultural Marketing Authority of Malaysia Chairman Aminuddin Zulkipli during the launching ceremony for Korean beef trade with Malaysia in Kuala Lumpur, Friday. Courtesy of Ministry of Agriculture, Food and Rural Affairs By Baek Byung-yeulKorea has agreed with Malaysia to export “hanwoo,” or Korean beef, to the Southeast Asian country, according to the agriculture ministry and the Hanwoo Board, Sunday.The Ministry of Agriculture, Food and Rural Affairs and the Hanwoo Board, an organization that promotes the domestic beef industry, said they held an event in Kuala Lumpur on Friday to celebrate the commencement of the exports.The event was organized to commemorate the signing of the first contract to officially export hanwoo to Malaysia and to promote the excellence and flavor of Korean beef to th

May 14, 2023By Baek Byung-yeul
Korea to export halal beef to Malaysia
Companies

KEPCO to sell non-essential assets, freeze wages amid snowballing losses

Cheong Seung-il, CEO of KEPCO, speaks during a presentation on the state-run utility company's self-recovery efforts to reduce its deficit at its headquarters in Naju, South Jeolla Province, Friday. The CEO also announced his resignation as CEO, taking responsibility for KEPCO's losses. Courtesy of KEPCOState utility firm suffers operating loss of W6.1 tril. in 1st quarterBy Baek Byung-yeulKorea Electric Power Corp. (KEPCO) CEO Cheong Seung-il offered to resign, Friday, due to snowballing losses as the state-run utility company has been unable to raise electricity prices, despite soaring global energy costs.In addition, KEPCO also announced measures to streamline its operations before the government raises the price of electricity next week, saying it will sell non-essential assets and freeze wages for employees to save over 25.7 trillion won ($19.3 billion) by 2026.“I would like to resign as CEO of KEPCO. For the time being, KEPCO will be operated under an emergency management system,” Cheong said while unveiling KEPCO's rescue plan at the company's headquarters in Naju,

May 12, 2023By Baek Byung-yeul
KEPCO to sell non-essential assets, freeze wages amid snowballing losses
Companies

LX Hausys showcases furniture film products at Interzum exhibition in Europe

Visitors take a look LX Hausys' booth at Interzum exhibition in Cologne, Germany, Thursday. Courtesy of LX HausysBy Baek Byung-yeulLX Hausys is working on improving its presence in Europe's furniture film market as the company is showcasing its eco-friendly and high-performance furniture films at Interzum, an exhibition for furniture and interior design industry in Cologne, Germany, the company said Thursday.Furniture film is a material that is applied to the surface of plywood such as medium-density fiberboards (MDFs) or particle boards to express various designs. LX Hausys has about 70 kinds of furniture films targeting European consumers who prefer high-quality products made using eco-friendly methods.At the exhibition, LX Hausys displayed its BIO SHIELD furniture films made of recycled materials. The company said BIO SHIELD film maximizes eco-friendliness by applying a mixture of plant-derived raw materials to the surface-coating layer. Other films include Super Matt Resist 3D, which resists scratches and stains and is easy to mold into different shapes.Interzum is an exhibition

May 11, 2023By Baek Byung-yeul
LX Hausys showcases furniture film products at Interzum exhibition in Europe
previous page
125126127128129
next page

Top 5 stories

Korea Times
About Us
Introduction
History
Contact Us
Products & Services
Subscribe
E-paper
RSS Service
Content Sales
Site Map
Policy
Code of Ethics
Ombudsman
Privacy Policy
Youth Protection Policy
Terms of Service
Copyright Policy
Family Site
Hankookilbo
Dongwha Group
FacebookXYoutubeInstagram
CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.