convergence science

Real estate Warburg Pincus-Wide Creek Asset JV picks up 2nd Korean logistics asset

US private equity firm Warburg Pincus LLC and South Korean real estate manager Wide Creek Asset Management Co. are building a logistics center for l...

Electronics LG NOVA hosts Innovation Festival in US

LG Electronics Inc. 's North American Innovation Center (LG NOVA) said on Monday that it held an Innovation Festival last Wednesday and Thursday at ...

Banking & Finance IGIS, Naver Labs to develop tech convergence space platform

South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six companies, including Nav...

Bio & Pharma Samsung Life Science invests in US biotech firm Latus Bio

Samsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus Bio Inc. during the ...

Corporate governance Hanmi Science-OCI merger may gain traction with NPS' support

The merger of South Korea’s pharmaceutical holding firm Hanmi Science Co. and chemicals giant OCI Holdings Co. is likely to gain momentum as N...

Insurance KIDI to build insurance infrastructure in Vietnam

The Korea Insurance Development Institute (KIDI) announced on Friday that it signed a business agreement with the Vietnam Insurance Development Inst...

Bio & Pharma Samsung invests in BrickBio in US

Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...

Automobiles IL Science enters UK silicon lens market

South Korea's IL Science Co. said on Monday that it signed a contract with the US-based automotive electronics company Polymer Optics to supply an i...

Bio & Pharma Samsung targets gene therapy sector through US investments

Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...

Bio & Pharma Samsung eyes biotech investments via Flagship Pioneering

Samsung C&T Corp., Samsung Biologics Co. and Samsung Bioepis Co. will ramp up investments in US biotechnology startups in collaboration with Fla...

Bio & Pharma Samsung Engineering secures $349 mn bio plant deal

South Korea's Samsung Engineering secured a deal for the Songdo Bio Raw Material Plant construction project from the global life sciences and labora...

Bio & Pharma Pharmgen Science exports neomcell products directly to Vietnam

South Korea's Pharmgen Science announced on Wednesday that it has initiated shipments for its healthcare brand "neomcell" for the first direct expor...

Bio & Pharma Hanmi Science joins race to develop Wegovy competitor

Hanmi Science Co., the holding company of South Korea’s pharmaceutical giant Hanmi Pharmaceutical Co., has joined the global race to develop t...

Tech, Media & Telecom SK C&C, Yonsei Univ. to develop digital manufacturing experts

South Korea's digital solutions provider SK C&C will open a master’s degree program at Yonsei University in Seoul to develop experts in di...

Bio & Pharma S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn

SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...

Tech, Media & Telecom S.Korea to inject more than $2.3 bn in quantum science, tech by 2035

South Korea will pour more than 3 trillion won ($2.3 billion) into quantum science and technology by 2035, aiming to become the world’s fourth...

Chemical Industry S.Korea's top tech school uses salmon DNA to block art counterfeiting

The screen of the latest Samsung Electronics smartphone series Galaxy 23 released this year has a fingerprint recognition window on the display th...

Bio & Pharma GeneOne Life Science gets patent for coated microneedle tech in China

South Korea’s biopharmaceutical company GeneOne Life Science Inc. on Tuesday said it received a patent from the China National Intellectual Pr...

Automobiles S.Korea to invest $24 mn in fostering future car industry workforce

South Korea will invest 31.5 billion won ($23.96 million) this year to train over 3,700 core personnel in future car technologies, including autonom...

Electronics LG Electronics, Yonsei Univ. develop talent for smart TV platforms

LG Electronics Inc. and South Korea’s Yonsei University are searching for talented human resources to build software platforms for smart TVs.T...

Hydrogen economy Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

Tech, Media & Telecom S.Korea's extended reality sector forms industry convergence alliance

The Korea Display Industry Association (KDIA) on Wednesday signed a memorandum of understanding (MOU) on a convergence alliance of the domestic exte...

Business & Politics Korea's Yoon presses banking, telecom sectors over inflation

South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...

Energy S.Korea's science minister calls small modular reactors 'game changers'

Minister of Science and ICT Lee Jong-ho on Thursday pledged full support for the development of small modular reactors (SMRs), which he called a "ga...

Bio & Pharma ST Pharm exports $14.6 mn worth of drug ingredients to Europe

ST Pharm Co., a South Korean company specializing in contract development and manufacturing of drug ingredients, has signed a supply contract worth ...

Aerospace & Defense Launch of Innospace's Hanbit-TLV rocket called off due to technical glitch

The Ministry of Science and ICT announced on Wednesday that it will invest 350 billion won ($273 million) to build a rocket launch site, which will ...

Artificial intelligence Gaming firm NCSOFT wins S.Korea’s largest AI R&D competition

South Korean game developer NCSOFT Corp. announced on Friday that it won first place at this year’s Artificial Intelligence Grand Challenge, h...

Mergers & Acquisitions Korea's LG Chem buys Nasdaq-listed biotech firm AVEO for $566 mn

South Korea’s chemicals giant LG Chem Ltd. announced on Oct. 18 that it will acquire AVEO Pharmaceuticals Inc., a Nasdaq-listed US biotech fir...

Business & Politics KAIST, NYU to operate joint campus in New York City from 2023

Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...

Bio & Pharma Samsung Biologics, Samsung C&T extends investment in US biotech firms

The Life Science Fund, jointly launched by Samsung Biologics and Samsung C&T Corp., announced Wednesday it invested $15 million in US biotech fi...