LG CNS has signed an agreement with LG Electronics and Boseong Industries to create a smart town in Busan's smart city.According to an industry on April 29, the agreement will push for the construction of a smart town on 12,000 pyeong of land owned by Boseong Industries in Echo Delta City, Busan

Huawei, which has not responded actively to the U.S. government's check, is moving to launch a counterattack recently. On April 17, Huawei Chairman Guo Ping invited a group of Korean reporters to Huawei Campus in Shenzhen, Guangdong Province, China, to give an active explanation on security issu

Daewoong Pharmaceutical's self-developed botulinum toxin "Nabota" opened the door for the European market following the U.S.Daewoong Pharmaceutical said on April 26 (based on local time) that it received the recommendation of approval for the treatment efficacy of Nabota(Nuceiva in Europe/Jeavea

Korea Gas Corp.(KOGAS) has set a goal of lowering the price of 1 kilogram of hydrogen to 4,500 won by 2030. Kim Young-doo, acting president of KOGAS, announced a roadmap for promoting the hydrogen business on April 28.It was reported that a car can drive about 100 kilometers with 2 kilograms of hydr

Prosecutors have renewed their request for an arrest warrant for Ahn Yong-chan, former head of Aekyung Industrial, who is accused of selling humidifier disinfectants that are harmful to the human body.Contrary to the Aekyung's claim that the company only sold humidifier disinfectants, the prosec

Samsung Electronics lost its top spot in sales to Intel in the fourth quarter of last year, and the possibility of Samsung Electronics losing its top spot in operating profit has increased in the first quarter of this yearAccording to Intel's latest earnings data released on its official website

Hyundai Engineering & Construction has launched cooperation in smart construction technology through "development of drone automatic control technology and demonstration of construction sites" with SK TelecomThe latest technology has applied SK Telecom's real-time video control solution "T Live

[SINGAPORE] Huobi DM announced on April 26 that it became even more versatile today with the launch of Tron (TRX). Tron's inclusion marks the seventh coin type to be added to the innovative crypto asset trading platform since its launch in November. "The addition of Tron is another big step towa

ree mobile telecommunication companies -- SK Telecom, KT and LG Uplus -- announced plans to build 230,000 units of 5G base station devices by the end of this year. If base station equipment is prepared, it is expected that 5G service will be expanded early to 85 cities and provinces where 93% of Sou

Prosecutors investigating Samsung BioLogics' alleged accounting fraud have sought arrest warrants for executives and employees of its subsidiary Samsung Bioepis on charges of destroying evidence. The Seoul Central District Prosecutors' Office on April 25 sought arrest warrants for Samsung Bi

Hyosung will push for the establishment of a dedicated organization (production technology center) to improve production technology capabilities. According to the company on April 25, Hyosung's production technology center aims to strengthen the company's technological competitiveness and nu

Samsung Electronics will invest a total of 133 trillion won in expanding R&D and production technologies in the system semiconductor sector by 2030, and hire 15,000 professionals.Its plan is to achieve the global No. 1 not only in memory chips but also in non-memory businesses, including system semi

Medical IP signed an agreement with Nanoori Medical Foundation, which operates a large network hospital specializing in spine and joints, on the accumulation of clinical 3D data and the joint research and development of deep learning.Through this business agreement, they will jointly research projec

KT is going to start full-scale self-driving business based on 5G network. KT unveiled a mini-shuttle dedicated to self-driving and a 5G remote control system called "5G Remote Cockpit" at the World IT Show 2019 along with Unmand Solution, a company specializing in self-driving. KT also announced th

LG Electronics has decided to stop producing smartphones in South Korea. It will transfer supplies from its Pyeongtaek plant in Gyeonggi Province to Vietnam and Brazil, while South Korean personnel will be reorganized. This is because cost reduction has become inevitable due to rapid growth of Chine

Prosecutors investigating the Samsung BioLogics case, which is suspected of accounting fraud, recently reportedly summoned Koh Han-seung, CEO of Samsung Bioepis, a subsidiary of Samsung BioLogics, for questioning. Prosecutors are believed to have investigated the details of Samsung BioLogics' al

SGA Solutions has been selected as a participating company for development of joint authoring services for business contents based on blockchain of the project for developing core technologies in knowledge service industry implemented by the Korea Evaluation Institute of Industrial Technology (KEIT)

Harex InfoTech (CEO, Park, Kyung Yang) participates in the World IT Show 2019 April 24-27 with LOTTE PS Net, providing electronic financial services such as ATM service, automated clearing system, and HANTLE System, a Global automated equipment manufacturer.The "Button ATM," which Harex Infotech sho

Tesla, which is a U.S. manufacturer of electric vehicles, announced that it will launch unmanned self-driving taxis by 2020 in partnership with Samsung Electronics.According to a Bloomberg News report on April 22, Tesla CEO Ellen Musk spoke about the plan at a "Tesla Autonomous Investor Day" event a

Samsung Electronics today announced that it will invest KRW 133 trillion by 2030 to strengthen its competitiveness in System LSI and Foundry businesses.The investment plan is expected to help the Company to reach its goal of becoming the world leader in not only memory semiconductors but also logic