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.
HLB opened an office in the U.S. city of Cambridge, Massachusetts, to strengthen collaborations with global pharmaceutical companies and support the overseas market entry of its group companies, the Korean biotech said Thursday.
Samsung Electronics, LG Electronics, SK Telecom, KT and other companies are showcasing their innovative AI technologies and related products at the World IT Show as part of efforts to let visitors experience the changes AI is bringing to our daily lives, according to the companies, Wednesday.
Samsung Electronics has entered into a full-fledged competition with its foundry business rivals, TSMC and Intel, in the rapidly-growing AI chip market, by receiving $6.4 billion in subsidies from the U.S. government, according to the company and industry experts, Tuesday.
LG CNS introduced an enhanced version of its generative AI platform DAP GenAI in a bid to offer its business customers more advanced AI services, the company said Tuesday.
LG Uplus, SK Telecom and other ICT companies are scrambling to recruit experts in artificial intelligence at a time when enabling AI has become a top survival priority for companies, especially tech companies, according to the companies and industry officials, Monday.
Celltrion, Samsung Bioepis and other global pharmaceutical companies are racing to take a share of the biosimilar of Amgen’s osteoporosis drug Prolia, worth around 8 trillion won ($5.8 billion) in terms of global market size, which will open up next year, according to the companies, Monday.
Coupang has decided to raise the price of its Wow paid membership service to 7,890 won ($5.74) per month, up 58 percent from the current 4,990 won, in an effort to improve profitability, but the abrupt price hike announcement has drawn criticism from users who think it is excessive, according to industry officials, Friday.
The Yoon Suk Yeol administration's efforts to support the semiconductor industry may face setbacks following the ruling People Power Party's (PPP) pulverizing defeat to the main opposition Democratic Party of Korea (DPK) in Wednesday's general election, according to industry officials and experts Friday.
DNK, established by former WeWork Korea General Manager Matthew Shampine, recently ceased its real estate brokerage platform service Dongnae, to focus on its property management software system known as DNK, targeting the Asia Pacific region, the company said Thursday.
Former business executives were fielded as candidates by political parties in the April 10 general elections, but most failed to win the support of voters, suggesting that candidates with a more voter-friendly image or high-profile candidates may have a better chance of winning, according to experts, Thursday.