[PANGYO ISSUE] Pangyo Technovalley Weekly News, News from the second week of October

-AhnLab launches malware handling solution for special purpose systems

AhnLab introduced a malware handling solution based on manual inspection for special-purpose systems or special environments where it is difficult to perform real-time inspection and engine updates.

AhnLab announced on October 6th that it has launched AhnLab Xcanner, a malicious code diagnosis and treatment solution dedicated to special purpose systems such as production facilities, POS (Point Of Sales), and kiosks.

The company explained that AhnLab Xcanner features improved usability in special environments, operational efficiency, and user convenience when linking AhnLab EPS by reflecting the opinions of customers who are operating various special-purpose systems. It is a non-installed solution where security personnel can perform malicious code inspection and treatment even in a closed network, low-spec equipment, or low-bandwidth network environment by putting the solution in a USB.

Also, by providing functions such as CPU occupancy setting, post-treatment, log inquiry and storage, and quarantine, security personnel can secure system availability and security at the same time. When linking with AhnLab EPS, you can download and run AhnLab Xcanner without releasing the lock mode, the state in which the system is protected.

Lee Sang-guk, head of AhnLab’s marketing division, said, “AhnLab Xcanner is a solution that has improved security and usability by reflecting customers’ voices from the planning stage. We will continue to provide a safer OT security environment by identifying various customer demands for operational technology (OT) security and reflecting them.”

-Bitcoin exceeds 69 million won… Nexon sighs in relief

Game company Nexon that had lost several billion won from bitcoin investment is about to break even. Cryptocurrencies is on recovery.

According to UPbit on October 13 bitcoin is hovering around 69 million won as of 1 p.m. It is the first time in five months that it reached the 69 million won level.

Nexon’s Japanese subsidiary invested about $100 million (113 billion won) in bitcoin on April 28. The average purchase price was $58,226 (about 65.8 million won), and the number of purchases was 1717.

Since then, the downtrend continued, and at one time, the valuation went down to about 40% of the principal.

However, the situation has been reversed as the heads of the US financial and monetary authorities have taken a favorable stance on cryptocurrencies.

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler made a statement at the U.S. House Committee on Financial Services hearing on Oct. 5 (local time) that the SEC has no plans to ban cryptocurrencies.

Jerome Powell, Chair of the Federal Reserve of the United States, also said earlier this month that he had no intention of banning cryptocurrencies, including stablecoins.

At the time of bitcoin investment, Nexon said, “We plan to keep bitcoin as a cash asset that can be held for the long term and as a major means of capital allocation strategy.”

-Smilegate donates 12 million won to Korea Green Foundation

Smilegate Megaport delivered a donation of 12 million won to the Korea Green Foundation for the in-game social contribution event “Save Our Seas.”

This event was held as Smilegate accumulated donations, then donated money when a TalesRunner user performed the quest to pick up trash scattered around the sea in the summer update theme “The Island of Emotions.” From August 4th to the 30th, 1.17 million units of trash were collected, exceeding the goal of 200,000, and a total of 12 million won of donation money was raised.

Donations were given to Korea Green Foundation’s “Contain Earth’s Waste” campaign through Smilegate Hope Studio. The “Contain Earth’s Waste” campaign raises the public’s awareness about the problem of waste dumped into the sea, carries out cleanup activities, and supports related organizations.

Smilegate Megaport executives and staff also conducted environmental cleanup activities for the rivers around Pangyo on October 7th as a token of appreciation for exceeding the quest goal.

Kim Yu-jin, Team Leader of Smilegate Megaport, said, “I hope that the fun donation culture that contributes to society as people enjoy the game will spread more widely. Smilegate Megaport and TalesRunner will continue to work hard to make meaningful and enjoyable social contribution activities with users.”

-SK Bioscience agrees to extend contract production of global COVID-19 vaccine until the end of 2022

SK Bioscience will continue to produce COVID-19 vaccines for global pharmaceutical companies on consignment in 2022.

SK Bioscience announced on October 5th that it signed an extension agreement for the facility use contract to use a part of the Andong L House stock solution production facility. It will be for the production of a COVID-19 vaccine for a company supported by CEPI (Coalition for Epidemic Preparedness Innovations) at a business agreement ceremony with the international private organization CEPI held in Brussels, Belgium.

SK Bioscience and CEPI finally reached an agreement to extend the Andong L House facility use contract until the end of 2022. It was signed in June last year and was about to expire at the end of this year. The contract states that by the end of next year, three of SK Bioscience’s nine stock solution production facilities in L House will be used first for the consignment production of a COVID-19 vaccine developed by a company supported by CEPI.

SK Bioscience has proven its world-class technological prowess by acquiring the European EU-GMP (Excellent Pharmaceutical Manufacturing and Quality Control Standards) for the COVID-19 vaccine manufacturing facility of L House earlier this year. It is expected that additional consignment production contracts following the extension of the facility use contract will be go into effect quickly, and they are currently in discussion with various global companies.

L House can carry out large-scale commercial production of hundreds of millions of units per year. It also has the advantage of being able to simultaneously manufacture several types of vaccines through an independent stock solution production facility within the factory.

Pangyo Technovalley is an innovation hub for global companies comparable to the Silicon Valley in the US, Zhongguancun in China, and STATION F in France. It is an Asia tech hub with 1,259 IT, BT, CT, and NT companies that possess innovative products and technologies. Located just south of the metropolitan area, it provides the best environment for Korean companies to do business with great transportation access and infrastructure.

Various high-tech companies are located in Pangyo Technovalley, and it is occupied by 64,000 full-time employees, many in their 20-30s. In terms of industry, the companies are engaged in information technology, contents technology, biotechnology, and nanotechnology.

With the support of innovative companies with global capabilities such as Kakao, Naver, AhnLab, Krafton, NCSoft, Nexon, and Hancom, companies in Pangyo Technovalley recorded 107 trillion won in sales last year. Investment and infrastructure growth in Pangyo is expected to continue, with the Metaverse hub entering Pangyo this year.

Source: Pangyo Techno Valley Official Newsroom