Samsung Electronics announced that its 512-gigabyte (GB) embedded Universal Flash Storage (eUFS) 3.0 will be awarded Carbon Footprint and Water Footprint Certifications from the highly respected UK-based Carbon Trust during a ceremony at the British Embassy in Seoul, Korea later today. Samsung’s 512

Samsung Heavy Industries (SHI) has won an order for an additional LNG (liquefied natural gas) carrier. SHI said in a regulatory filing on Nov. 25 that it has won a $1.5 billion order for an LNG carrier from the Eurasian region.Under the conditional contract, the company has signed a deal for LNG car

Daewoong Pharmaceutical said on Nov. 25 that its Nabota plant has renewed its EU GMP certification from the European Medicines Agency (EMA).The Nabota plant completed due diligence on GMP by the Finnish Medicines Agency (Fimea) for five days from Oct. 16-22 on all manufacturing facilities and qualit

A special summit between South Korea and the Association of Southeast Asian Nations (ASEAN) for common prosperity officially opened in BEXCO, Busan on Nov. 25.Under the slogan of "Go towards peace, prosperity for all," the summit will be carried out for two days until Nov. 26. In particular, this ye

Hashed, an investment firm specializing in blockchain, invested in U.S.-based blockchain-Mythical Games. In this round, Mythical Games attracted 19 million dollars' worth of investment from Hashed, Javelin Venture Partners and Digital Galaxy.The U.S. company based in Los Angeles and Seattle is d

WILMINGTON, Mass., Nov. 25, 2019 (GLOBE NEWSWIRE/KOREA IT TIMES) -- Security Innovation, a leader in software security assessments and training, announced today it has partnered with United Airlines (NASDAQ: UAL) to offer full access to its online training platform to Year Up students in the greater

KEB Hana Bank announced on Nov. 24 that it opened a Gurugram branch in the northern Indian city of Hariana on Nov. 22 (local time) to expand its global financial business sector and revitalize operations in the capital region of India, a major target of the New Southern Policy.The Gurugram branch is

KT's satellite subsidiary, KT SAT, has succeeded in exchanging data with the satellite via 5G mobile communication. Its goal is to apply it to actual satellites during the first half of next year through additional verification.It is predicted that 5G will be able to be used in ships and remote

SK Group Chairman Chey Tae-won said that the social value of AI should be measured in order to use the AI technology for humanity.Chey made the remarks as a speaker at the Nanjing Forum in Jiangsu Province, China, on Nov. 23. Nanjing Forum is an academic forum in social and natural sciences co-hoste

CEO Park Jung-ho of SK Telecom suggested directions for Asian media and contents industries and ecosystems at a gathering of leaders from Asian countries. He participated as a speaker at the Korea-ASEAN Special Summit "Cultural Innovation Forum" held at BEXCO in Busan on Nov. 25. Hosted by the Minis

At the invitation of the Government of the Republic of Korea (ROK), Nguyen Xuan Phuc, the Prime Minister of Vietnam (VN), will pay an official visit to the ROK and attend the ROK - ASEAN and ROK - Mekong Summit held in Busan from November 25 to 27, 2019. The visit of the Vietnamese Prime Minister ta

Samsung SDI has signed a mega deal to supply 3.8 trillion won worth of electric vehicle batteries to Germany's BMW Group. The "Electric Vehicle Battery Alliance" between Samsung SDI and BMW Group, which began in 2009 with joint R&D, has paid off for the first time in 10 years.Samsung SDI is plan

LS Cable & System will establish a communication module production line in India next year in order to strengthen its push for Indian market, which has been growing rapidly, the Seoul Economic Daily reported on Nov. 21. According to wire industry sources on Nov. 21, LS Cable's Indian subsidiary

Shinsegae Group Vice Chairman Chung Yong-jin said on Nov. 21 at a ceremony marking the vision of an international theme park in Hwaseong, Gyeonggi Province, that he will contribute to the national tourism industry and the local economy by creating a theme park that was not in the world. "We will not

FOSTER CITY, Calif., Nov. 21, 2019 (GLOBE NEWSWIRE/KOREA IT TIMES) -- Arena Solutions, the leading provider of cloud-based product development solutions for high tech, consumer electronics, and medical device industries, is proud to announce its Senior Vice President of Global Sales, Andrea Pitts, h

Longtu Korea made an announcement on Nov. 20 that it has signed a strategic memorandum of understanding (MOU) with True Digital Plus (TDP), a game publisher in Southeast Asia.Under the MOU, the two companies will work together in game services and marketing to strengthen their presence in Thailand&#

KEB Hana Bank announced on Nov. 20 that it has been selected as the 2020 best foreign exchange provider in Korea for the 19th consecutive year by the global financial and economic magazine Global Finance in London, Britain on Nov. 19 (local time).Since its establishment in New York in 1987, the Glob

According to a joint study conducted by South Korea, China and Japan, half of ultrafine dust (PM-2.5) in Korea was caused by domestic effects and 32 percent were from China.The National Institute of Environmental Research (NIER) on Nov. 20 published a summary report of the "Long-range Transboundary

LOS ANGELES, Nov. 20, 2019 (GLOBE NEWSWIRE/KOREA IT TIMES) -- The global electric vehicle polymers market is expected to grow at a CAGR of around 64.9% over the forecast period 2019 to 2026 and reach the market value of around 159 billion by 2026.Free Download Sample Report Pages for Better understa

Prosecutors have sought an arrest warrant for Cho Hyun-beom, former head of Hankook Tire & Technology, on charges of receiving around 700 million won in bribes from subcontractors and affiliates. Cho is the son-in-law of former President Lee Myung-bak (MB).On Nov. 19, the Seoul Central District Pros