
Samsung Biologics, Samsung C&T invest in Araris Swiss biotech company
Apr 13, 2023 08:52 am UTC| Business Economy
Samsung Biologics and Samsung CT are investing in Araris Switzerland-based biotech company. The former announced on Wednesday, April 12, that it would be joining in the series A funding round for the said Swiss...

Posco, Honda Motor join forces for EV battery business
Apr 13, 2023 08:19 am UTC| Business Economy
Posco Holdings Inc. and Honda Motor signed a memorandum of understanding (MOU) to form a joint venture for the electric vehicle and battery business. The companies will work together on the supply and recycling of EV...

Hite Jinro Soju, New York Red Bulls sign sponsorship deal
Apr 13, 2023 08:18 am UTC| Business Economy
South Koreas Hite Jinro Soju brand has been named an official sponsor of the New York Red Bulls. The leading soju maker signed a sponsorship deal with the American professional soccer team based in NY. Although it was...

Netflix lost subscribers in South Korea, records show 30% drop in a year
Apr 13, 2023 08:17 am UTC| Business Economy
Netflix, the streaming media company, weighs up the aftereffects of the pandemic and saw it now faces a new big challenge in the over-the-top (OTT) market. In South Korea, since the start of the recovery from COVID-19, the...

Mars partners with Second Nature Brands on 3 Brittle x M&M products
Apr 12, 2023 23:34 pm UTC| Life Economy Business
Mars has collaborated with Second Nature Brands-owned sweet snacking brand, Sheila Gs Brownie Brittle, to create three Brittle x MM products. The trio of new items includes extra-chocolatey Brownie Brittle MMS Minis,...

LG CNS, Microsoft to jointly develop new ChatGPT-based services
Apr 12, 2023 23:27 pm UTC| Technology Economy Business
LG CNS Co. will collaborate with Microsoft for the Azure OpenAI Services business and develop new services using ChatGPT. Azure OpenAI Services offers various AI functions, such as language comprehension, image...

PepsiCo flaunts fleet of all-electric Tesla semi-trucks
Apr 12, 2023 23:23 pm UTC| Nature Economy Business
The Pepsi Company highlighted its new fleet of 18 Tesla semi-trucks at its Sacramento facility, which would build on its sustainability efforts, like the use of solar and renewable water. The company said the...