https://www.scmp.com/rss/325549/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The Association of Southeast Asian Nations (Asean) has enjoyed deep economic ties with South Korea and the United States for decades. South Korea is the region’s second-largest trading partner while the US is the fourth-largest for the 10 members states. While economic relations remain robust, it is in regional security that the three sides can increase collaboration, says Lee Jae-jyon, senior fellow at the Asan Institute for Policy Studies think tank in Seoul. Korea and Asean face huge... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134199/south-korea-must-talk-us?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134199/south-korea-must-talk-us?utm_source=rss_feed Thu, 01 Mar 2018 03:53:18 +0000 South Korea is often overlooked by Western enterprises when they are looking for a business hub in Asia. Surrounded by superpowers China and Japan, and with its neighbour in the north regularly overshadowing it in the media in times of rising political tension, the land of K-Pop culture is not always the obvious choice for international businesses to set up shop. However, South Korea has much to offer. According to 2016 gross domestic product (GDP) figures by Britain’s Foreign and Commonwealth... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134200/tech-savvy-nation-south?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134200/tech-savvy-nation-south?utm_source=rss_feed Thu, 01 Mar 2018 03:51:58 +0000 South Korea adopted high speed internet and associated technologies early, making it a perfect fit for cryptocurrency. By some estimates, three out of 10 workers have invested in cryptocurrencies. Kim Kyoung-soo, head of Ether Lab, a leading blockchain research centre in South Korea, says the country is the perfect testing ground for digital currencies. “It’s no wonder that cryptocurrency is so popular in South Korea,” he says. “The market is more information-sensitive than any other market. And... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134201/digital-currencies?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134201/digital-currencies?utm_source=rss_feed Thu, 01 Mar 2018 03:51:46 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Big data and the internet of things are rapidly changing the way the logistics industry does business. Accurate and rapid data processing and management have become vital to supply chain integration – and with Asia-Pacific’s rising prominence in global commerce placing regional supply chains under mounting pressure to meet growing trade and evolving cross-border challenges, the need for streamlined... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134207/cyberlogitec-charts?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134207/cyberlogitec-charts?utm_source=rss_feed Thu, 01 Mar 2018 03:51:13 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] PharmAbcine, a clinical stage immuno-oncology company developing next-generation antibody therapeutics for unmet medical needs, has established its anti-cancer drug candidate Tanibirumab (TTAC-0001) as one of the most promising in the global pipeline. To prolong the lives of terminally ill patients and raise their quality of life, the company is pursuing partnerships that would advance treatment for... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134206/pharmabcine-expedites?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134206/pharmabcine-expedites?utm_source=rss_feed Thu, 01 Mar 2018 03:51:11 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Complementary metal-oxide-semiconductor (CMOS) technology is about to reach another pinnacle with the launch of moving image high-dynamic-range (HDR) sensors in the automotive industry. Pixelplus, a pioneer in CMOS technology, invested two years developing this solution, which produces close-to-reality images without visible defects despite motion and lighting interference. “HDR technology was... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134205/pixelplus-moving-image?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134205/pixelplus-moving-image?utm_source=rss_feed Thu, 01 Mar 2018 03:51:10 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] As part of its sustainable green growth initiative, Korea Western Power (KOWEPO) – a prime mover and innovator in the 21st century Korean power industry – has set a challenging goal of converting 20 per cent of its total power generation capacity into renewable energy. To achieve the target, 6.15 trillion South Korean won (HK$44.5 billion) will be invested by 2030. KOWEPO is already making tremendous... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134203/kowepo-eyes-sustainable?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134203/kowepo-eyes-sustainable?utm_source=rss_feed Thu, 01 Mar 2018 03:51:08 +0000 The roughest seas bring to shore the toughest survivors. When one of the biggest storms in recent history hit the global shipping industry, Eusu Holdings came out stronger, wiser – and ready for more challenges in the future. Formerly Hanjin Shipping Holdings, Eusu gradually transformed from an operating company into a future-oriented group. Navigating the seas since 1949, the company has contributed to the global economy by connecting continents and facilitating trade. When it launched as Eusu... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134209/eusu-steers-future?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134209/eusu-steers-future?utm_source=rss_feed Thu, 01 Mar 2018 03:50:23 +0000 Moving goods from point A to B has never been so easy – at least for clients of Eusu Logistics. A market leader in terms of global network, information technology (IT) and process capabilities, Eusu Logistics orchestrates total solutions specifically tailored to individual client requirements. The result is a growing list of international manufacturers and retailers with more time to focus on improving their bottom lines. “We look at the logistics industry in the past as merely moving simple... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134211/eusu-logistics-delivers?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134211/eusu-logistics-delivers?utm_source=rss_feed Thu, 01 Mar 2018 03:50:12 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Recognised as the trusted partner of top brands such as Murata, Omron, Rohm and Richtek, A-SUNG International has built a track record of dependability and steady growth. The rising global success of the 26-year-old electronic parts distribution company is not an overnight feat. Its achievements were gained from almost three decades of building employee empowerment, a strong sales force, a solid... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134213/sung-prevails-trusted?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134213/sung-prevails-trusted?utm_source=rss_feed Thu, 01 Mar 2018 03:49:52 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Through the convergence of technologies, light-emitting diode (LED) lighting contributes to provide smart solutions for today’s digital lifestyle. GlowOne, South Korea’s leading proponent of LED technology, is at the forefront of such innovation with its total commitment to eco-friendly, green growth. Founded in 2010 as POSCO LED, GlowOne is a global market leader in LED lighting especially for... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134212/glowone-forges-ahead-led?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134212/glowone-forges-ahead-led?utm_source=rss_feed Thu, 01 Mar 2018 03:49:50 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Speed and precision are essential amid the globally rising demand for fast-moving consumer goods (FMCG). Over the past 20 years, P&S Technology has carved a niche in this space with its robust technical expertise in packaging inspection technology that ensures product integrity and consumer safety. Despite intense competition from global heavyweights, the company stands out in the FMCG and... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134214/ps-technology-impresses?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134214/ps-technology-impresses?utm_source=rss_feed Thu, 01 Mar 2018 03:49:49 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Building a strong international reputation over a span of 18 years as a producer of special country-focused business reports, Discovery Reports Group (DRG) has not just witnessed the economic development of countries across regions, but has contributed to the business development goals of various successful companies. The Hong Kong-based media and campaign production company – backed by a... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134215/drg-builds-strategic?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134215/drg-builds-strategic?utm_source=rss_feed Thu, 01 Mar 2018 03:49:47 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Listed on the Korean Securities Dealers Automated Quotations, GigaLane is a US$100 million South Korean company running three businesses – semiconductor equipment manufacturing, semiconductor equipment trading and high-frequency radio frequency (RF) connectivity products manufacturing. GigaLane has a 60 per cent share in the global light-emitting-diode (LED) etcher market, making it the world’s No 1,... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134238/gigalanes-dominance?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134238/gigalanes-dominance?utm_source=rss_feed Thu, 01 Mar 2018 03:48:47 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Great visions are often hatched in schools. Kim Sung-won, formerly a teacher, wanted to improve teaching methods and saw technology as a way to revolutionise education. Thus he expanded Amjeon, which his father founded in 1970, renamed it and made OMAX renowned as South Korea’s leading manufacturer of smart academic equipment. OMAX offers microscopes, digital podiums, visual presenters, 86-inch... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134235/revolutionising?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134235/revolutionising?utm_source=rss_feed Thu, 01 Mar 2018 03:48:46 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] From smartphones, digital cameras and televisions to video game consoles, microwaves, refrigerators and coffee makers, printed circuit boards (PCBs) lie ­at the heart of modern consumer electronics. As the undisputed leader in flexible PCB (FPCB) design, manufacturing and marketing in South Korea, SI Flex is at the forefront of an industry poised to grow 10 per cent year-on-year globally and reach... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134233/tech-edge-and-asian?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134233/tech-edge-and-asian?utm_source=rss_feed Thu, 01 Mar 2018 03:48:44 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Omni-channel shopping is the latest trend in 21st century consumption. Digital, wireless, cloud and mobile technologies are fuelling the rise of online retail and electronic commerce (e-commerce) – dramatically impacting the way the world does business. As consumers shift between different shopping channels – such as retail stores at malls, smartphones, laptops and trendy pop-up stores – businesses... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134232/eximbays-cryptocurrency?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134232/eximbays-cryptocurrency?utm_source=rss_feed Thu, 01 Mar 2018 03:48:42 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] The promotion of women’s health and wellness in general is fast becoming the primary push of top aesthetic facilities worldwide. Plastic surgery clinics have been transitioning from traditional treatments towards full-body health therapies such as vitamin replacement, medically controlled weight loss, anti-ageing treatments, hair restoration, hormone replacement and even genital rejuvenation. “The... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134230/dream-medical-group?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134230/dream-medical-group?utm_source=rss_feed Thu, 01 Mar 2018 03:48:41 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] When something minuscule makes a gargantuan impact, the world sits up and takes notice. South Korean company Finetex EnE took centre-stage when it mastered the electrospinning technology allowing it to adapt the revolutionary nanofibre for cutting-edge applications across many industries. Aiming to improve quality of life with its nanofibres, Finetex tackles the crucial global environmental issue of... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134229/finetex-weaves-success?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134229/finetex-weaves-success?utm_source=rss_feed Thu, 01 Mar 2018 03:48:39 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Ageing is inevitable, and so are the aches that come with age-related diseases. Thus, biotechnology and pharmaceutical firms are on a constant quest for cures and functional genomics that combat ageing and discover the mysteries behind the development of the human race. In South Korea, a tenacious and relevant biopharmaceutical company has been developing innovative therapeutic concepts for the past... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134228/eyegene-combats-age?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134228/eyegene-combats-age?utm_source=rss_feed Thu, 01 Mar 2018 03:48:37 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] In various applications from drinking water systems to business areas such as food and beverage, bioscience, information technology and oil and gas, it is important to cut and bevel pipes in building and installing essential pipelines. DCSENG is Asia’s champion in producing powerful and dynamic cutting and bevelling equipment to efficiently and safely transport liquid, gas or energy resources. For... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134227/dcseng-making-waves?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134227/dcseng-making-waves?utm_source=rss_feed Thu, 01 Mar 2018 03:48:35 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Navigating a patient’s anatomy in error-free or more stable ways has driven advancements in the medical device industry of late. The global medical community is championing procedures that are less invasive and offer reduced post-operational pain and recovery time. These minimally invasive operations require unconventional equipment and technology. Consequently, today’s cutting-edge medical tools... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134226/bmk-aids-minimally?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134226/bmk-aids-minimally?utm_source=rss_feed Thu, 01 Mar 2018 03:48:33 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] While advances in mobile phones and home appliances continue to wow the world, Diabell has been creating the high-quality, but seldom talked about parts that make up the hi-tech whole. The world-renowned South Korean company has for the past 24 years been developing, manufacturing and marketing components, serving big brands such as LG, Sony, Motorola, Lenovo, HTC and Oppo. Priding itself in... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134225/diabell-continues?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134225/diabell-continues?utm_source=rss_feed Thu, 01 Mar 2018 03:48:30 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Runaway costs associated with water leakage in concrete infrastructure have long burdened governments and engineers. When the age-old problem crops up in expressways and subways, repercussions are even worse as the safety and health of people are endangered. Determined to put an end to this hazard, Re-New System has developed a technology that would clinch 100 per cent waterproofing in concrete... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134224/re-new-routs-age-old?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134224/re-new-routs-age-old?utm_source=rss_feed Thu, 01 Mar 2018 03:48:28 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Even the biggest manufacturers can only be as efficient as their slowest factory. Industry leaders who endure in the fast-paced, ever-evolving and increasingly competitive environment of manufacturing modernisation know that intelligence is the key; those who strive to do better have come to rely on BISTel. Since its launch in 2000, BISTel has helped catapult South Korea as a top smart manufacturing... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134223/bistel-transforms?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134223/bistel-transforms?utm_source=rss_feed Thu, 01 Mar 2018 03:48:26 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] As versatile as they are durable, high-pressure laminates (HPL) are increasingly becoming the material of choice for wall panels, flooring, furniture and other surfaces across diverse applications – from home kitchens to hotels, ships, laboratories and health care facilities. Rapid growth in new residential and commercial offices, especially in flourishing markets such as Asia, means that the... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134222/melatone-captures-asias?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134222/melatone-captures-asias?utm_source=rss_feed Thu, 01 Mar 2018 03:48:24 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Seyang Polymer is fast ramping up high-performance polymers across Asia, where it is the trusted solutions provider and original equipment manufacturer among global companies. DuPont’s No 1 distributor in South Korea for more than 30 years, Seyang has created its own niche in the performance materials business with compounding expertise and super-engineering plastics that enable innovation in the... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134221/seyang-ramps-high?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134221/seyang-ramps-high?utm_source=rss_feed Thu, 01 Mar 2018 03:48:21 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Centrally located in Northeast Asia with a well-developed network of airports and ports, South Korea is steadily closing the gap with advanced countries in logistics performance. Its strategic location in Asia, where throughput is expected to exceed those of the United States and Europe, places it securely among the world’s upcoming major hubs. “Definitely, we are in an exciting market which we... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134220/schenker-buoys-northeast?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134220/schenker-buoys-northeast?utm_source=rss_feed Thu, 01 Mar 2018 03:48:19 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] From being South Korea’s first venture capital firm, SBI Investment Korea is on track to become Asia’s No 1 as it brings its pioneering spirit to the global stage. The first South Korean venture capital firm to list on Korean Securities Dealers Automated Quotations, SBI Investment has invested in more than 1,000 companies across South Korea, Japan and Asia. More than three decades since it introduced... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134218/sbi-investment-korea?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134218/sbi-investment-korea?utm_source=rss_feed Thu, 01 Mar 2018 03:48:17 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] With its full range of service capabilities, BSG Partners is helping businesses navigate the radical trend in information technology (IT). Collaborating with IT giants such as SAP and Amazon Web Services (AWS), BSG Partners offers one-stop solutions for all information-related business requirements ranging from information strategy planning through to system implementation and system management... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134216/bsg-partners-leads?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134216/bsg-partners-leads?utm_source=rss_feed Thu, 01 Mar 2018 03:48:12 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] In the automotive industry, A-class auto parts provide a tremendous boost to the overall quality of vehicles. Little wonder Hanho Industrial continues to receive approving nods from the likes of General Motors, Hyundai and Kia. For nearly 20 years, the South Korean vehicle parts manufacturer has been serving the world with the best products, services and prices. Known in the industry for its... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134217/hanho-industrial-goes?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134217/hanho-industrial-goes?utm_source=rss_feed Thu, 01 Mar 2018 03:45:15 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Fintech, a portmanteau of financial technology, has emerged as a thriving sector within the global financial services industry, attracting some US$17.4 billion in investments in 2016, according to Ernst & Young. Fintech firms have gained significant market traction with their ability to tap into today’s digitally active and sophisticated consumers, including tech-literate but financially underserved... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134204/finoteks-digital?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134204/finoteks-digital?utm_source=rss_feed Tue, 27 Feb 2018 04:00:15 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] Empowered and perseverant. Analytical and agile. If educators put themselves in the shoes of hiring personnel, they would know that these are the attributes expected of graduates to secure future success. Fortunately for girls, Branksome Hall Asia identified these right from the school’s inception as the qualities it will instil in its students. “We were thinking, ‘What do 21st century students need... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134202/branksome-hall-asia?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134202/branksome-hall-asia?utm_source=rss_feed Tue, 27 Feb 2018 03:45:45 +0000 [Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com] From 3D-printed dresses, solar panel jackets, Google-conductive fibres and biometric smart shirts to electronic commerce and online retail, technology is revolutionising fashion and apparel – forcing industry players to innovate or risk becoming passé in an increasingly digital age. For Sejung, keeping up with game-changing trends is the rule rather than the exception – a habit that has secured its... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134234/innovative-mindset-keeps?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2134234/innovative-mindset-keeps?utm_source=rss_feed Tue, 27 Feb 2018 03:45:30 +0000 Many smartphones, televisions, personal computers and monitors from Samsung and LG have something in common – they contain power management chips and other analogue internal components from Silicon Mitus, South Korea’s largest independent fabless company for integrated circuits (ICs). Silicon Mitus is now ready to offer its top-quality products to smartphone makers in China and the rest of the world. The product portfolio will cover a broad range, from power management and efficient charging to... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116084/silicon-mitus-unveils?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116084/silicon-mitus-unveils?utm_source=rss_feed Wed, 25 Oct 2017 02:36:41 +0000 Renowned as one of the world’s most technologically advanced nations, South Korea is home to many conglomerates, universities and institutes that have made an impact internationally in the fields of science and technology. Understanding South Korea’s role in advancing research and development initiatives, Ulsan National Institute of Science and Technology (UNIST) is sharing in this responsibility by cultivating critical thinkers who are capable of transforming the future. “UNIST aims to enhance... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116083/unist-strengthens?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116083/unist-strengthens?utm_source=rss_feed Wed, 25 Oct 2017 02:36:40 +0000 When AngioLab’s founder and CEO Dr Kim Min-young established the company in 1999, there was no angiogenesis drug treatment available in the market. Abnormal angiogenesis, or the new blood vessel formation from pre-existing vasculature, plays a role in numerous pathologies including cancer, obesity, ocular disease, arthritis, psoriasis and other diseases. Drawing from extensive experience in angiogenesis research and in-house core technologies, AngioLab develops angiogenesis inhibitors for... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116074/angiolab-harnesses?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116074/angiolab-harnesses?utm_source=rss_feed Wed, 25 Oct 2017 02:36:40 +0000 The year 1999 was a special time for semiconductor manufacturers worldwide. While electronic brands were creating more complex microchips for their latest gadgets, such semiconductors required sophisticated testing technologies. A solution came at the turn of the century when a high-technology company in South Korea helped pioneer the invention of what is today called the silicone rubber socket. Samsung Electronics collaborated with tech innovator ISC for the research and development (R&D) of a... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116073/isc-creates-trailblazing?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116073/isc-creates-trailblazing?utm_source=rss_feed Wed, 25 Oct 2017 02:36:40 +0000 Supporting electronics, automotive and industrial parts manufacturers as they respond to increasingly sophisticated market demands, precision engineering company NEDEC provides cutting-edge solutions to improve productivity and efficiency levels of its global clientele. Starting as Daeil Precision in 1985, NEDEC has become a trusted end-to-end specialist in manufacturing die-casting and machining products for automobile components, consumer electronics and precision motors. “We are one of the... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116072/precision-engineering?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116072/precision-engineering?utm_source=rss_feed Wed, 25 Oct 2017 02:36:39 +0000 High-net-worth individuals can purchase a villa and remodel it to their liking – or simply have one tailor-made by SHINWON Construction. “I personally meet with individual clients to understand how they want their dream house built,” says CEO Dr Woo Jin-ho. “This flexibility has set us apart even from the biggest players.” Leveraging 32 years of experience in developing apartment complexes throughout South Korea, SHINWON today focuses on fully customised luxury villas. These projects showcase... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116068/shinwon-construction?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116068/shinwon-construction?utm_source=rss_feed Wed, 25 Oct 2017 02:36:39 +0000 Due to rising concerns over energy shortage and greenhouse gas emissions, regulations on fuel consumption and environmental standards are becoming more stringent worldwide. To stay buoyant in a rapidly changing vehicle industry landscape, manufacturers are in constant search of key technologies and solutions to meet market demand for more advanced, high-performing vehicle parts and systems. Driven by continuous research and development (R&D) and quality innovation, Korea Fuel-Tech Corp (KFTC)... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116090/kftc-maintains-global?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116090/kftc-maintains-global?utm_source=rss_feed Wed, 25 Oct 2017 02:36:38 +0000 Wireless network equipment vendor Ace Technologies is stepping up efforts to bring its advanced radio frequency (RF) products and next-generation antennas to more key Asian markets after securing a major supply contract in India. Since the company made its first delivery in 2012, Ace has emerged as the leading antenna provider to Indian telecom giant Reliance Jio Infocomm, which is aggressively deploying the 4G network in the country. Ace also intends to capitalise on its new facility in Vietnam... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116088/ace-technologies-fosters?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116088/ace-technologies-fosters?utm_source=rss_feed Wed, 25 Oct 2017 02:36:38 +0000 Ripe avocado, organic tomato, fresh lettuce and cucumber, precious royal honey and gold caviar may sound like the ingredients of a delectable gourmet salad. However, for a beauty brand in South Korea, they are not just delicious food, but new ingredients of skin, hair, body and make-up products with excellent beautifying benefits. SKINFOOD is the first food cosmetics brand with the motto: “delicious cosmetics made with delicious food”. With its one-of-a-kind concept of food and skin care, the... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116056/delicious-cosmetics-made?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116056/delicious-cosmetics-made?utm_source=rss_feed Wed, 25 Oct 2017 02:36:37 +0000 Excited about its breakthroughs as a specialist in automotive fasteners, cold formed and machined parts, Jinhap is strengthening its commitment to Asia with a third subsidiary opening in China by the end of this year. The company is also planning its first factory in India. A global full-range fastening solutions provider and tier-1 chassis supplier since 1978, Jinhap heavily relies on research and development to create new applications and technologies such as its ultra-high-tensile... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116087/jinhap-bolsters-support?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116087/jinhap-bolsters-support?utm_source=rss_feed Wed, 25 Oct 2017 02:36:37 +0000 With global demand for paper predicted to reach 482 million tonnes by 2030, South Korea’s Hansol Paper is seeing this as an opportunity to serve the global paper market as it sets itself on track to become one of the world’s top 20 players. More than 50 years of expertise and continuous investments in innovation in different types of paper have strengthened Hansol’s product portfolio. The company offers a comprehensive range of products from printing and writing paper to paper board and... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116055/hansol-track-becoming?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116055/hansol-track-becoming?utm_source=rss_feed Wed, 25 Oct 2017 02:36:37 +0000 Innovation and technology are compulsory for the survival of any industry in the 21st century. Youngsan University (Y’sU), also referred to as “Wise You”, responds to this challenge by collaborating with more than 1,000 companies in South Korea, and is looking to establish more across Asia. “We adapt to the needs of society and help industries grow. We think that is the most important mission given to us,” says Dr Bu Gu-wuck, president. Niched at the heart of the Korean MICE (meetings,... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116052/ysu-pursues-paradigm?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116052/ysu-pursues-paradigm?utm_source=rss_feed Wed, 25 Oct 2017 02:36:36 +0000 On a mission to keep millions of people in South Korea healthy, speciality health supplement maker Novarex offers vigour and recovery benefits through innovations based on the nature of science. The sole manufacturer of dietary supplements in the country is expanding its operations as it prepares for the upcoming initial public offering this year to improve the lives of many more in Asia and beyond. For 20 years, Novarex has been supplying functional supplements in the form of tablets, powder,... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116051/novarex-unlocks-science?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116051/novarex-unlocks-science?utm_source=rss_feed Wed, 25 Oct 2017 02:36:36 +0000 From electric cars to ride-sharing mobile platforms, automation, digitisation and technological disruptions are rapidly re-defining the future of transport, pressuring automotive industry players to keep up with game-changing developments. For resilient players such as CY Group, South Korea’s leading total solutions provider for automotive parts, staying ahead of the curve is the engine driving success and innovation. A recognised name in the automotive industry for its synchroniser rings,... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116054/cy-groups-innovative?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116054/cy-groups-innovative?utm_source=rss_feed Wed, 25 Oct 2017 02:36:36 +0000 Increasing global food security issues arising from high population growth and climate change are prompting the fertiliser industry to provide improved and more efficient products. Rising to the challenge is South Korea’s leading fertiliser company CHOBI, which has relied on extensive research and development (R&D) to develop multifunctional compound fertilisers intended to enhance crop productivity and quality while reducing labour inputs and environmental impact. Founded in 1955, CHOBI made... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116050/chobi-branches-out-bring?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116050/chobi-branches-out-bring?utm_source=rss_feed Wed, 25 Oct 2017 02:36:35 +0000 With its strong “student first” approach, high level of flexibility, and responsiveness to educational and socio-economic changes, Chodang University is poised to further its internationalisation strategy. Starting as an industrial university in 1994, Chodang University has built a solid reputation anchored in its specialised undergraduate programmes, notably in aviation, health and medical science, and culinary arts. The university plans to capitalise on these programmes as it seeks to attract... https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116064/chodang-university-hones?utm_source=rss_feed https://www.scmp.com/country-reports/business/topics/south-korea-business-report/article/2116064/chodang-university-hones?utm_source=rss_feed Wed, 25 Oct 2017 02:36:35 +0000