Business - The Korea Times

Celltrion envisions 13 new drugs; Samsung Bio unveils 6th plant plan

Korea’s top biopharmaceutical firms, Celltrion and Samsung Biologics, envisioned their future strategies for expansion at J.P.Morgan Healthcare Conference (JPM) 2025 in San Francisco, Wednesday.

Jan 15, 2025By Nam Hyun-woo

Celltrion envisions 13 new drugs; Samsung Bio unveils 6th plant plan

GM Korea urged to boost local sales with new car lineup

Industry officials on Wednesday urged General Motors (GM) Korea to boost local sales by introducing more models to its lineup amid lingering fears of the carmaker’s possible exit from the Korean market.

Jan 15, 2025By Lee Min-hyung

GM Korea urged to boost local sales with new car lineup

Nespresso launches new campaign

Nespresso Korea CEO Park Sung-yong, left, poses with actor Kim Go-eun, who is the capsule coffee company’s ambassador, during a press conference in Seoul, Wednesday. In front of Park is Breville's espresso machine for Nespresso capsules. The cake in front of Kim, presented to her by Park at the event, is inspired by the company's new commercial. The pair promoted Nespresso's new commercial during the media event that the company decided to hold only in Seoul and New York. On the same day, Nespresso released the commercial online, which stars Kim and actor George Clooney, who worked together for the brand’s previous campaign in 2023. Courtesy of Nespresso Korea

Jan 15, 2025By Ko Dong-hwan

Xiaomi begins operations in Korea with official product launch

Chinese smartphone maker Xiaomi officially launched its flagship mobile phone products in Korea on Wednesday, signaling the beginning of its business operations here.

Jan 15, 2025By Yonhap

Xiaomi begins operations in Korea with official product launch

Yuhan-Kimberly appoints former Homeplus CEO as new head

Yuhan-Kimberly appointed Lee Jay-hoon, former CEO of Homeplus, as its new chief executive, the country's leading health and hygiene product maker said Wednesday.

Jan 15, 2025By Ko Dong-hwan

Yuhan-Kimberly appoints former Homeplus CEO as new head

Hyundai Motor unveils 2nd generation Palisade SUV

SEONGNAM, Gyeonggi Province — Hyundai Motor launched the second generation of the Palisade, its three-row family SUV, aiming to boost demand for premium family cars.

Jan 15, 2025By Lee Min-hyung

Hyundai Motor unveils 2nd generation Palisade SUV

Proxy adviser Glass Lewis supports 4 nominees by Korea Zinc for its board amid management tussle

Proxy firm Glass Lewis on Tuesday expressed support for four nominees for board members of Korea Zinc recommended by the smelter amid a battle for control over the firm between the company chairman and an alliance led by its biggest shareholder, Young Poong.

Jan 14, 2025By Yonhap

Proxy adviser Glass Lewis supports 4 nominees by Korea Zinc for its board amid management tussle

Samsung Biologics secures record $1.4 bil. deal

Samsung Biologics, the country’s leading pharmaceutical contract manufacturing organization (CMO), announced Tuesday it has secured its largest-ever deal, valued at over 2 trillion won ($1.4 billion).

Jan 14, 2025By Ko Dong-hwan

Samsung Biologics secures record $1.4 bil. deal

LS Cable & System targets global leadership in AI data center market

LS Cable & System, along with its subsidiaries, is accelerating its efforts to secure market leadership and future growth drivers by leveraging its unique technological capabilities to keep pace with the rapid growth of the AI data center industry, according to the Korean major power cable and system developer, Tuesday.