Samsung to invite partners to discuss on 5G commercialization

SEOUL, May 21 (Yonhap) — Samsung Electronics Co. said Monday it is hosting a gathering of the 3rd Generation Partnership Project (3GPP) throughout this week to enable business representatives to exchange views on the commercialization of the fifth-gen Source: Money

GC Pharma sets up vaccine firm in U.S.

SEOUL, May 21 (Yonhap) — South Korean drug company GC Pharma set up a vaccine manufacturer, Curevo Inc., in the United States toward the end of last year, industry sources reported for the first time Monday. The Seattle-based company, established Source: Money

Seoul shares open lower on profit taking.

SEOUL, May 21 (Yonhap) — South Korean stocks opened lower Monday as investors offloaded technology and other large-cap stocks on profit taking. The benchmark Korea Composite Stock Price Index (KOSPI) fell 7.10 points, or 0.29 percent, to 2,453.55 Source: Money

(LEAD) S. Korea's exports rise 14.8 pct in first 20 days of May

(ATTN: ADDS details from para 2) SEJONG, May 21 (Yonhap) — South Korea’s exports rose 14.8 percent on-year during the first 20 days of May, thanks to brisk shipments of semiconductors and petrochemical goods, customs data showed Monday. The coun Source: Money

Samsung opens foundry R&D division under device solution arm: sources

SEOUL, May 21 (Yonhap) — Samsung Electronics Co. recently opened a research and development (R&D) center for its foundry business, industry sources said Monday, reflecting its drive to advance deeper into the segment. Industry sources said Samsung Source: Money

Banks ramp up prep for possible inter-Korean cooperation

SEOUL, May 21 (Yonhap) — South Korean banks are redoubling efforts to tap into possible business opportunities in North Korea in the wake of a recent thaw in inter-Korean relations, sources said Monday. The two Koreas held a historic summit in lat Source: Money

S. Korea's exports rise 14.8 pct in first 20 days of May

SEJONG, May 21 (Yonhap) — South Korea’s exports rose 14.8 percent on-year during the first 20 days of May, thanks to brisk sales of semiconductors and petrochemical goods, customs data showed Monday. (END) Source: Money

KOSPI 2,464.07 UP 3.42 points (open)

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Lee Myung-bak's Corruption Trial Starts Wednesday

The corruption trial of ex-President Lee Myung-bak starts on Wednesday, some two months after his arrest in late March.The Seoul Central District Court last Friday announced a schedule that coincides with the ninth anniversary of the death of Lee’s predecessor Roh Moo-hyun. It is unclear whether Lee… Source: Culture

Most Young S.Koreans Don't Trust N.Korea's Nuclear Pledges

A majority of young South Koreans are skeptical of North Korea‚Äôs pledge to get rid of its nuclear weapons despite a widely welcomed summit between the leaders of the two Koreas last month. Seoul National University polled 1,000 South Koreans between 20 and 39 from April 28, a day after the inter-Ko… Source: Culture