Yuflyma strives to tap into the U.S. market
South Korean pharmaceutical company Celltrion said on May 25 that its Humira biosimilar CT-P17, or Yuflyma, had won the approval of the U.S. Food and Drug Administration (FDA).
Beginning in July, Celltrion plans...
Schwan’s Company strives to take over Nestle
South Korea’s food giant CJ CheilJedang said on May 22 that it had completed the construction of the world’s largest frozen pizza factory in the United States and started full-scale operation.
The Seoul-based company...
Tech giant remains ahead of pack for 17 straight years
South Korea’s tech giant Samsung Electronics topped the global TV market in the first quarter of this year, according to U.K.-based business tracker Omdia on May 22.
In terms of sales...
Korean ginseng maker will support LPGA player
Korea Ginseng Corporation (KGC) announced on May 22 that the company had signed a sponsorship contract with talented U.S. golfer Andrea Lee.
As one of the most promising female golfers, Lee was the most...
Tech giant rolling out most advanced DRAMs
Samsung Electronics announced on May 18 that it had started the mass production of 16-gigabit DDR5 DRAM based on the industry’s most advanced 12 nanometer-class process technology.
A nanometer refers to one billionth of...
Competition getting stiffer regarding in-cabin air quality
South Korea’s automotive part supplier Hanon Systems said Tuesday that it would come up with an automotive module this year designed to eliminate viruses and odor-causing substances inside the vehicle cabin.
The Daejeon-based corporation,...
Potential of salinity gradient power generation will be demonstrated
Korea Hydro & Nuclear Power (KHNP) announced on May 12 that it had kicked off a project to demonstrate the world’s largest salinity gradient power (SGP) generation.
Toward that end, the Korean...
Korean ginseng maker demonstrates representative products
Korea Ginseng Corporation (KGC) announced on May 11 that it had taken part in the 2023 TFWA World Exhibition & Conference in Singapore this week.
During the five-day event, KGC showcased its signature products with...
Korean conglomerate adds weight
South Korea’s defense giant Hanwha Group has acquired Daewoo Shipbuilding & Maritime Engineering (DSME) by receiving approval from the country’s antitrust agency on April 27.
Hanwha Group plans to rebrand the shipbuilder to Hanwha Ocean to become...
Business giants will cooperate in next-generation nuclear reactor supply chain
Korea Hydro & Nuclear Power (KHNP) announced on April 26 that it had joined hands with SK Inc, SK Innovation, and TerraPower for the small modular reactor (SMR) business.
As the...
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Korean Air chief wins ATW leadership award
Chairman Cho receiving Excellence in Leadership Award
Korean Air, South Korea’s top flag carrier, announced on June 4 that its Chairman Cho Won-tae, otherwise known...
