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South Korea

Nippon Steel to Appeal South Korea Asset Seizure Rul...

Nippon Steel Corp said on Tuesday it will appeal a South Korean court ruling that allows for a seizure of its assets, as tensions between Tokyo and Seoul over the case threaten to flare up again. Nagoya Wo... August 4, 2020 8:56 am By Neha Mule

Samsung Biologics Signs $231 Million Supply Deal wit...

South Korean contract drugs manufacturer Samsung Biologics Co Ltd said on Friday it had signed a deal worth more than $231 million with GlaxoSmithKline PLC (GSK) to supply biopharmaceutical products over the n... May 22, 2020 10:16 am By Neha Mule

Samsung Electronics Expands its Foundry Capacity wit...

Samsung Electronics Co., Ltd. announced plans to boost its foundry capacity at the company’s new production line in Pyeongtaek, Korea, to meet growing global demand for cutting-edge extreme ultraviolet (EUV)... May 21, 2020 7:10 am By Neha Mule

GM Korea to Cut Output of Key SUV as Virus Hits U.S....

General Motors Co’s South Korean unit plans to sharply cut output this month at a factory producing its new Trailblazer sport-utility vehicle (SUV), as the coronavirus outbreak weighs on its U.S. exports and... May 4, 2020 11:01 am By Neha Mule

VUNO Med-Fundus AI Receives MFDS Regulatory Approval...

VUNO, a member company of the Born2Global Centre, announced that their AI based screening solution for the fundus, VUNO Med Fundus AI is approved as a Class III medical device by the Ministry of Food and Dru... April 14, 2020 6:19 am By Neha Mule

South Korea to Ship Coronavirus Testing Kits to U.S.

South Korea plans to send kits designed to run up to 600,000 coronavirus tests to the United States on Tuesday after an appeal from U.S. President Donald Trump, a Seoul official said to Reuters. Trump m... April 13, 2020 12:29 pm By Neha Mule

Samsung to Shift Some Smartphone Production to Vietn...

Samsung Electronics said on Friday that it would temporarily move some smartphone production to Vietnam from South Korea after another of its Korean staff tested positive for the coronavirus, forcing it to clo... March 6, 2020 2:05 pm By Neha Mule

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