50.6 F
Los Angeles
Thursday, April 3, 2025

BUSINESS

CHA Bio, Boston’s CIC to establish open innovation center for biotech ventures

CHA Bio Group will team up with Boston’s Cambridge Innovation Center (CIC) to establish an open innovation center to attract biotech ventures worldwide at...

SK hynix develops NAND solution for on-device AI apps

  Korean chipmaker SK hynix said Thursday it developed a next-generation mobile NAND solution designed for on-device artificial intelligence (AI) applications. The new Zoned UFS (ZUFS)...

Foreigners now eligible to become chiefs of conglomerates in South Korea

Foreigners will be eligible to be named as corporate chiefs of major conglomerates in Korea with the latest revision in the Fair Trade Act...

Korean companies expand airport facilities to handle barrage of orders from AliExpress

Korean logistics companies are shelling out millions of dollars to expand their facilities, aiming to cash in on a surge of imports from China's...

U.S. gives 2-year grace period until IRA battery regulations take effect

The U.S. government announced a two-year grace period before the regulations on battery materials under the Inflation Reduction Act (IRA) become enforceable, giving Korean...

Hyundai’s Xcient hydrogen trucks deployed in California’s zero-emissions project

Hyundai Motor delivered 30 of its Xcient fuel cell trucks to California as part of the state's NorCAL ZERO Project, a scheme focused on...

Buldak maker’s stock erupts to all-time high amid viral wave

The price of Samyang Foods shares hit an all-time high, powered by the global popularity of its crown jewel, Buldak ramen. The stock closed at...

LG Chem pledges $86.6 million for water desalination device plant in Saudi Arabia

LG Chem will invest up to 120 billion won ($86.6 million) jointly with Alkhorayef Group to build its first overseas water desalination device plant...

Samsung set to mass-produce 12-layered HBM3E in Q2, eyes Nvidia deals

Samsung Electronics plans to mass-produce 12-layered HBM3E chips in the second quarter of this year, aiming for an early lead in the next-generation premium...

Seoul to adopt tagless payment system on subway lines 1 to 8 by late 2025

Seoul plans to implement a tagless payment system along subway lines No. 1 through 8 as early as the second half of 2025. The Seoul...