Maru SF to open in Silicon Valley in November as Korean startup gateway

Maru SF to open in Silicon Valley in November as Korean startup gateway

Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizat...

S.Korea’s Lunit installs breast cancer AI diagnostic tool at 200 US hospitals

S.Korea’s Lunit installs breast cancer AI diagnostic tool at 200 US hospitals

Lunit Inc., a South Korean AI-powered cancer diagnostics company, said on Monday that more than 200 healthcare institutions across the US have now a...

Sono Hospitality becomes new owner of Korean budget carrier T’way Air

Sono Hospitality becomes new owner of Korean budget carrier T’way Air

South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...

Sono Hospitality heralds proxy fight to control T’way Air

Sono Hospitality heralds proxy fight to control T’way Air

Sono Hospitality Group, South Korea’s top resort operator, has vowed to more actively horn in on the business of T'way Air Co., portending a p...

Asan Nanum to offer Silicon Valley residence to Korean startups

Asan Nanum to offer Silicon Valley residence to Korean startups

The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture f...

President of Latvia visits S.Korea's Daan Cancer Lab

President of Latvia visits S.Korea's Daan Cancer Lab

Daan Cancer Laboratory under Severance Hospital said on Thursday it signed a memorandum of understanding (MOU) with the Latvian government to streng...

Big Mobility, Hummingbirds win Chung Ju-yung Startup Competition

Big Mobility, Hummingbirds win Chung Ju-yung Startup Competition

The Asan Nanum Foundation selected Big Mobility and Hummingbirds as the top winners of the 13th Chung Ju-yung Startup Competition demo day on Novemb...

Celltrion releases Steqeyma in Europe

Celltrion releases Steqeyma in Europe

South Korea's Celltrion Inc. said on Monday it released Steqeyma (ustekinumab) in Europe, the biosimilar of autoimmune disease treatment Stelara.T...

ViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment

ViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment

ViGenCell, a company specializing in immunotherapy, announced on Friday that it has obtained approval from the Ministry of Food and Drug Safety (MFD...

Sono Hospitality to buy stake in Air Premia to bolster airline portfolio

Sono Hospitality to buy stake in Air Premia to bolster airline portfolio

Sono Hospitality Group, South Korea’s largest resort operator, will add low-cost carrier Air Premia Inc. to its bulging portfolio after agreei...

Near Brain gives hope to millions of stroke patients worldwide

Near Brain gives hope to millions of stroke patients worldwide

Strokes are the second leading cause of death and the third leading cause of disabilities globally, according to the World Health Organization.To fi...

Asan Nanum Foundation to hold startup competition in November

Asan Nanum Foundation to hold startup competition in November

The Asan Nanum Foundation announced on Wednesday that it will hold a demo day for “The Chung Ju-yung Startup Competition” on Nov. 7 at C...

Asan Nanum Foundation revamps fund management

Asan Nanum Foundation revamps fund management

The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju-yung’s death,...

Asan Nanum Foundation opens startup merchandise pop-up

Asan Nanum Foundation opens startup merchandise pop-up

The Asan Nanum Foundation announced on Wednesday that it opened a merchandise pop-up store in South Korea's startup for Maru Collect until August 25...

Brokerage firm Hanyang Securities' 11.3% stake up for sale

Brokerage firm Hanyang Securities' 11.3% stake up for sale

South Korea’s Hanyang University Foundation has decided to sell 11.3% of common shares and all the preferred stocks it holds in brokerage arm ...

Struggling Korean retail stores lick Dubai chocolate, Dippin' Dots

Struggling Korean retail stores lick Dubai chocolate, Dippin' Dots

Back in 2022 when the COVID-19 pandemic was rampant, South Korea’s convenience stores (CVs) saw their sales fly high as people dropped by smal...

SK Telecom's X Caliber enters N.American pet market

SK Telecom's X Caliber enters N.American pet market

South Korea's SK Telecom Co. announced on Monday that it signed a distribution agreement with Canadian pet medical equipment company Nuon & Nikk...

JLK to supply medical AI solutions in Indonesia

JLK to supply medical AI solutions in Indonesia

South Korea’s JLK Inc., an AI-based stroke care platform maker, announced on Tuesday that it signed a business agreement with medical consulti...

NGeneBio to transfer NGS tech to UAE company

NGeneBio to transfer NGS tech to UAE company

South Korean medical diagnostic company NGeneBio Co. announced on Tuesday that it signed a contract with the United Arab Emirates (UAE)-based medica...

Hanjin KAL to sell Waikiki Resort Hotel to Sono for $101 mn

Hanjin KAL to sell Waikiki Resort Hotel to Sono for $101 mn

Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is set to sell a 100% stake in its Hawaii-based subsidiary Wai...

Autech enters silver car market for seniors

Autech enters silver car market for seniors

South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...

LG Elec, Microsoft, GE to collaborate for smart hospital

LG Elec, Microsoft, GE to collaborate for smart hospital

LG Electronics Inc. announced on Thursday that it signed a memorandum of understanding (MOU) with GE Healthcare Korea and Microsoft (MS) Korea to co...

Asan Nanum Foundation invites innovators to startup pitch

Asan Nanum Foundation invites innovators to startup pitch

The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju-yung’s death,...

Ssangyong E&C wins deals for two Dubai luxury residences

Ssangyong E&C wins deals for two Dubai luxury residences

Ssangyong Engineering & Construction Co. announced on Monday that it secured two luxury residence construction projects in Dubai, United Arab Em...

Dubai Chamber of Commerce to open Seoul office

Dubai Chamber of Commerce to open Seoul office

The Dubai Chamber of Commerce in the United Arab Emirates (UAE) will open an office in Seoul, South Korea by May this year, according to industry so...

Hyundai Engineering wins Asia Design Prize 2024

Hyundai Engineering wins Asia Design Prize 2024

South Korea's Hyundai Engineering Co. announced on Wednesday that it won the Asia Design Prize 2024, an international design competition in Asia...

LG Electronics to develop hotel-exclusive robots

LG Electronics to develop hotel-exclusive robots

LG Electronics Inc. will develop hospitality robots jointly with South Korea’s luxury hotel chain operator Josun Hotels & Resorts Co. to m...

Samsung Bioepis to supply Hadlima to US government

Samsung Bioepis to supply Hadlima to US government

South Korea’s Samsung Bioepis and the US-based Organon, the local partner company of Samsung group's biopharmaceutical research and developmen...

LG to use AI for early detection of air conditioner anomalies

LG to use AI for early detection of air conditioner anomalies

LG Electronics Inc. has introduced an artificial intelligence technology for early detection of anomalies in its commercial air conditioning systems...

Nature Republic opens first store at Dubai Mall

Nature Republic opens first store at Dubai Mall

South Korean beauty brand Nature Republic announced on Thursday that it opened its first store at Dubai Mall, the largest shopping mall in Dubai, ...

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