contract development organization (CDO)
Scope
Date
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Carbon neutrality
Samsung Heavy, MISC to jointly develop floating CO2 storage units
South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...
Jan 19, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI signs agreement with Northrop Grumman to develop UAVs
Korea Aerospace Industries Ltd. (KAI) said on Thursday that it signed a memorandum of agreement (MOA) in relation to "technical cooperation on verti...
Jan 19, 2023 (Gmt+09:00)
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Energy
DL E&C, Doosan to invest $25 mn in SMR developer X-Energy
South Korea’s DL E&C Co. and Doosan Enerbility Co. will invest a combined $25 million in X-Energy Reactor Co., a US-based small modular re...
Jan 18, 2023 (Gmt+09:00)
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Bio & Pharma
MedPacto's anti-cancer substance designated as US FDA fast-track item
South Korean biotech company MedPacto Inc. ’s Vactosertib monotherapy for osteosarcoma patients has been designated as a fast-track developmen...
Jan 18, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean fighter jet KF-21 makes first supersonic flight
The first prototype of the South Korean fighter jet KF-21 Boramae on Tuesday made its first supersonic flight six months since its inaugural trip to...
Jan 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE wins this year's first LNG carrier order worth $783 million
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company of HD Hyundai Co., said on Tuesday that it recent...
Jan 17, 2023 (Gmt+09:00)
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Cloud computing
Bespin Global establishes Vietnam Tech Center for cloud, digital innovation
South Korea's cloud management company Bespin Global will foster cloud and digital innovation industries in Central Vietnam. To this end, the compan...
Jan 17, 2023 (Gmt+09:00)
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Economy
Bank of Korea gives bearish outlook after rate hike
South Korea’s central bank on Friday raised interest rates by a quarter point to 3.5%, while signaling a further cut in its economic growth fo...
Jan 13, 2023 (Gmt+09:00)
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Electric vehicles
LS Cable & System develops flexible, stronger aluminum alloy
LS Cable & System Ltd., together with its aluminum materials affiliate LS Alsco, has developed a new aluminum alloy that can replace copper wire...
Jan 12, 2023 (Gmt+09:00)
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Bio & Pharma
Prestige Biopharma attains patent for solid cancer treatment antibody
Prestige Biopharma Korea said on Tuesday that it has obtained a domestic patent for the CTHRC1 neutralizing antibody of the drug candidate PBP1710. ...
Jan 12, 2023 (Gmt+09:00)
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Steel
Dong Yang Steel Pipe signs contract with Japanese EPC company
DongYangSteelPipe, a steel pipe unit of KBI Group, said on Tuesday that it had signed on the previous day an agreement with a Japanese EPC (engineer...
Jan 11, 2023 (Gmt+09:00)
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Artificial intelligence
Hancom Frontis to develop AI digital human, 3D scanning project
Hancom Frontis, a Hancom Group company specializing in the metaverse, said on Tuesday that it has signed a three-way agreement with the Tech Univers...
Jan 11, 2023 (Gmt+09:00)
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Korean games
Nexon teams up with 'Parasite' film production company Barunson E&A
Nexon, one of South Korea's top three game giants, on Tuesday said it signed a strategic memorandum of understanding with Barunson Entertainment &am...
Jan 11, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.
Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technology developed jointly ...
Jan 10, 2023 (Gmt+09:00)
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Bio & Pharma
GCCL develops Korea's first automatic clinical trial data sharing system
Global Clinical Central Lab (GCCL), an affiliate of South Korean pharmaceutical firm Green Cross Corp., said on Monday it has jointly developed Kore...
Jan 10, 2023 (Gmt+09:00)
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Korean startups
South Korea develops 1,000 super gap startups
The Ministry of SMEs and Startups on Monday said it would release the next day its plan for the so-called 2023 Super-gap Startup 1,000+ Project in w...
Jan 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE to develop large-capacity fuel cells with Europe's research center
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai Co., has decided to develop fuel cells for mar...
Jan 09, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion develops oral antibody drug with US bio company
South Korea's biopharmaceutical company Celltrion Inc. on Monday said it signed an R&D contract with US-based Rani Therapeutics on RT-111, an or...
Jan 09, 2023 (Gmt+09:00)
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Korean startups
Global VCs urge S.Korea to train lawyers on int'l contracts
Brad McManus, investment director of the Silicon Valley-based venture capital (VC) fund Applied Ventures LLC, said his company will discuss investme...
Jan 09, 2023 (Gmt+09:00)
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Bio & Pharma
Plasmapp, Curexo agree on joint development of surgical robot solutions
South Korea's bioplasma technology firm Plasmapp said on Friday that it signed a memorandum of understanding with Curexo, a domestic medical robot m...
Jan 06, 2023 (Gmt+09:00)
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Venture capital
Smart Study Venture creates $28.4 million Baby Shark Tourism Fund
Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Nex...
Jan 06, 2023 (Gmt+09:00)
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Energy
SK Ecoplant to jointly develop renewable energy sources with CSCEC
South Korea's construction engineering company SK Ecoplant Co., Ltd. is going to jointly develop overseas renewable energy sources with China State ...
Jan 06, 2023 (Gmt+09:00)
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Bio & Pharma
Kolon signs MOU with Hanyang Univ. to develop gene therapy treatments
Kolon Industries Inc.'s Future Technology Institute said on Thursday that it had signed a memorandum of understanding with the Hanyang University In...
Jan 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver’s Japan-focused B2B unit swings to profit
Naver Corp.’s business-to-business (B2B) services provider Works Mobile Co. posted its first-ever profit in 2022, driven by a surge in Japanes...
Jan 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Shipbuilding expected to lead manufacturing sectors in export growth
South Korea's shipbuilding exports this year are expected to jump 76.1% from last year to $32.4 billion to lead all major manufacturing industries i...
Jan 05, 2023 (Gmt+09:00)
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Bio & Pharma
Samjin Pharm to undertake joint ADC R&D with Novelty Nobility
SamjinPharmaceutical announced Wednesday that it has signed a joint research agreement with Novelty Nobility Inc., a company specializing in antibod...
Jan 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy certified for CMSR power barge design
South Korea's main shipbuilder Samsung Heavy Industries said on Wednesday that it has completed the conceptual design for the compact molten salt re...
Jan 04, 2023 (Gmt+09:00)
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Metaverse
Redbrick, Microsoft to cooperate on university campuses in metaverse
Redbrick, the developer and operator of metaverse platforms of South Korea, signed a memorandum of understanding with Microsoft Korea to cooperate o...
Jan 04, 2023 (Gmt+09:00)
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Electronics
SFA signs display equipment deal with China's Tianma Microelectronics
SFA Engineering Corp., South Korea's largest manufacturer of display manufacturing equipment, on Wednesday said it landed an order worth 142.1 billi...
Jan 04, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Novarex, Riman sign agreement to jointly develop health-functional food
South Korea's health functional foods company Novarex and cosmetics company Riiman Korea met to promote the health-functional foods business togethe...
Jan 04, 2023 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess