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Reporter : Baek Byung-yeul
Wed, October 4, 2023 | 21:28
Samsung Biologics raises sales forecast on higher utilization of new plant
Samsung Biologics raised its sales forecast for 2023 to more than 20 percent from between 15 percent and 20 percent thanks to the increased use of its new factory Plant 4, the drug manufacturer said Wednesday.
Samsung targets mid-range market with affordable S23 FE
Samsung Electronics unveiled a new mid-range smartphone, the Galaxy S23 FE, as it takes on Apple in the global smartphone market in the fourth quarter and looks to maintain its position as the world’s top-selling smartphone maker, according to the company, Wednesday.
Samsung chief visits Middle East to explore new businesses
Lee Jae-yong, executive chairman of Samsung Electronics and de facto leader of Samsung Group, visited Saudi Arabia, Egypt, and Israel during the Chseok holiday to explore new business opportunities.
Korea makes last-ditch bid to host World Expo 2030 in Busan
Korea has gone all-out to win its bid to host the World Expo 2030 in Busan, with the host city selection coming up Nov. 28. The government and business community are making a last push by mobilizing all available resources to ensure that the southern port city will get to host the international event, according to administration and industry officials, Monday.
Korea on track to prove esports prowess at Asian Games
Korea is showing off its status as an esports powerhouse at the ongoing Asian Games that are being held in Hangzhou, China, as the participants are performing well in the various esports games, which became an official sport of the games for the first time, industry officials said Wednesday.
Lotte focuses on health care, mobility to spur growth
Lotte Group is pursuing growth with new businesses centered on four themes ? health and wellness, mobility, sustainability and its new life platform - as well as expanding its market dominance through M&As and reorganizing its business portfolio to beef up competitiveness, the group said Wednesday.
SK Telecom to triple AI investment over next 5 years
SK Telecom will triple its investment in AI technology in next five years as part of the domestic telecommunications giant’s plan to provide enhanced services with AI competitiveness and generate sales of 25 trillion won ($18.5 billion) by 2028, its CEO said Tuesday.
Late Samsung chairman's love of animals helps change Korea's pet culture
Late Samsung Group Chairman Lee Kun-hee’s (1942-2020) love of animals is being rediscovered through his efforts to preserve Jindo dogs, an indigenous Korean breed, and transform the country’s pet culture. Samsung recently celebrated the 30th anniversary of its guide dog training school, also founded by the late leader, according to the group, Tuesday.
LG Electronics launches world's 1st foldable laptop
A model poses with LG Electronics’ foldable LG Gram Fold laptop, Monday. The company said it launched the world’s first foldable laptop that can transform into a 12-inch laptop when folded and 17-inch tablet PC when unfolded. Courtesy of LG Electronics
SK Telecom, OpenAI discover AI services for humanity
SK Telecom successfully concluded Prompter Day Seoul 2023, a global AI hackathon event jointly held with U.S. AI company OpenAI, to discover teams developing AI services for the benefit of humanity, the company said Monday.
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