Employees get more than $200,000 on average There is a Korean company where the average employee earns more than $200,000 a year. The name of this firm is Celltrion Healthcare, the distribution arm of Korean pharmaceutical company Celltrion. Market research firm...
Both sides ready for all-out court battles In the early 2010s, KAIST IP – an arm of the Korea Advanced Institute of Science and Technology – concluded three global tech giants of Intel, Apple and Samsung Electronics had infringed on...
Korean outfit gains U.S. approval A company with annual sales of around $1 billion can double in size every year? Most investors would be skeptical, but that’s what one of Korea’s biggest firms Celltrion tries to do. During the shareholders’ meeting...
Tech giant expands AI lab in Montreal Samsung Electronics will expand its artificial intelligence (AI) lab in Montreal to beef up its fundamentals in AI research and drive competitiveness in such non-memory businesses as system semiconductors. The Samsung Advanced Institute of...
Samsung, KT to cooperate for NB-IoT services Korea’s two high-tech giants will cooperate to deliver the world’s first narrowband Internet of Things (NB-IoT) services through public safety LTE network solutions to locate those in need in unprecedented ways. Samsung Electronics and...
Korean automaker keeps achieving better monthly sales Hyundai Motor, Korea's largest automaker, saw its sales in the United States rise nine straight months in April thanks to the rising popularity of its sports utility vehicles (SUVs). The Seoul-based carmaker said on...
2nd-round lawsuit between two battery giants starts in US LG Chem, one of the world’s top battery suppliers for electric cars, brought its cross-city rival SK Innovation to a U.S. court, claiming theft of its trade secrets. LG Chem said that...
Hyundai strives to promote SUV via BTS endorsement Corporations always try to distinguish themselves through various marketing tools and celebrity endorsement has been one of the most widely-used choices to raise their awareness in the market. If celebrities that endorsed a...
Tech giant strives to rebound in second half After chalking up disappointing performances in the first quarter, Samsung Electronics is not likely to rebound in the coming months. It remains to be seen whether it will be able to achieve...
Hotel Shilla sees profit jump 63.7% Hotel Shilla CEO Lee Boo-jin is grabbing headlines once again but this time around it is good news with the company chalking up its best quarterly performance in the first three months of the...

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Bangtan Boys picked as best K-pop brand Seven-member boy band BTS was named the top K-pop brand for May, according to the Korea Institute of...

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