
Samsung to transfer 272 proprietary technologies to SMEs for free
Apr 10, 2023 23:22 pm UTC| Technology Economy Business
Samsung Electronics Co. is collaborating with the South Korean government to transfer 272 patented technologies across eight fields to SMEs for free, says the Ministry of Trade, Industry, and Energy (MOTIE). The eight...

S. Korea's JW Pharma to use zebrafish in developing drugs
Apr 10, 2023 23:18 pm UTC| Science Economy Business Health
JW Pharmaceutical will use the zebrafish to develop new drugs and expand indications of its drug candidates. To expedite the process, the South Korean drug developer has inked a memorandum of understanding (MOU) with...
Jobs report hints that Fed policy is paying off – and that a 'growth recession' awaits
Apr 10, 2023 16:13 pm UTC| Economy
The latest jobs report is in, and the good news is Federal Reserve policy on inflation appears to be working. The bad news is Fed policy on inflation appears to be working. The March 2023 jobs report reveals that the...
Apr 10, 2023 16:12 pm UTC| Economy
About two-thirds of all U.S. residents who file federal income taxes typically get a refund. Unfortunately, this year I am among the other third who owe the Internal Revenue Service money. So I tried something Ive never...

Samsung to reduce chip production after its profit dropped to lowest
Apr 10, 2023 10:02 am UTC| Business Economy
Samsung Electronics said it would trim down the volume of its production for memory chips. The decision came after the company recently posted its lowest earnings in 14 years. Samsung Electronics expects that this move...

SK Energy launches South Korea’s first hydrogen charging station for trucks
Apr 10, 2023 10:01 am UTC| Business Economy
SK Energy, the oil business unit of SK Innovation Inc., announced last weekend that it has launched the first hydrogen charging station in South Korea. The facility was exclusively designed for large cargo trucks. This...

Tesla reveals plans to open a Megafactory in Shanghai
Apr 10, 2023 09:42 am UTC| Business Economy
Tesla Inc. is opening a Megafactory in China, and this was announced by the company and its chief executive officer, Elon Musk, on Monday, April 10, via Twitter. The CEO said the new Megapack factory would supplement the...