SEOUL, South Korea, Jan. 8, 2026 /PRNewswire/ — STARMED, a pioneer in innovative minimally invasive treatment solutions, has announced a comprehensive rebranding. Now in its seventeenth year of operation, the company is formally transitioning from a Radiofrequency Ablation (RFA) specialist into a global multi-modality medical technology platform.

Established in 2009, STARMED pioneered the first thyroid-dedicated RFA electrode, effectively creating a clinical field that did not previously exist. This technology has since been adopted into various international clinical guidelines and continues to maintain the leading global market share today. Building on this heritage, STARMED has expanded its portfolio to address diverse clinical needs in liver, uterine, and vascular care, introducing various products such as the proprietary multi-electrode Octopus system. The current rebranding signals a strategic commitment to expand beyond RFA by integrating diverse energy sources, including Microwave Ablation (MWA) and Irreversible Electroporation (IRE), into a unified therapeutic offering.

“With the global thermal ablation market projected to reach $2 billion by 2033, this rebranding is a pivotal step for our next stage of growth,” said CEO Henry Shin.

The newly unveiled Corporate Identity reflects both STARMED’s heritage and its future vision. The symbol represents technical precision by visualising the initial ‘S’ alongside the silhouette of an electrode tip. This reflects a dedication to minimising patient pain and providing care throughout the recovery process. The wordmark employs a sophisticated, futuristic typeface to reinforce trust within the global healthcare arena.

Supported by strong financial foundations, STARMED plans to capitalise on a market growing at 10.5% annually. The company remains committed to establishing minimally invasive treatments as the global ‘Standard of Care’ through enhanced clinical partnerships.

About STARMED

STARMED is a medical device specialist founded in 2009. With more than 660 clinical research evidence, the company provides world-class thermal ablation solutions to over 70 countries and continues to advance minimally invasive treatment as the clinical standard.

CEO Lyu Jae-chul Underscores “Flawless Execution” to Build a Winning Competitive Advantage

News Summary:

• LG Electronics CEO Lyu Jae-chul announced a three-pillar strategy to reinforce fundamental competitiveness, accelerate the shift to a high-performance portfolio and strengthen a profitability-based growth structure.
• LG will strengthen its fundamental competitiveness by raising quality, cost and delivery (QCD) across the value chain and by deepening “Winning Tech” to widen its technology gap with competitors.
• LG aims to accelerate the transition to a high-performance portfolio by expanding B2B businesses, scaling non-hardware platforms such as subscriptions and webOS, and growing its global D2C business.
• LG will strengthen its profitability-based growth structure through AI transformation (AX), using end-to-end AI-driven operations to improve speed, productivity and execution across the company.
• LG plans to increase future-growth investment by more than 40 percent this year, focusing on AI Home, smart factories, AI data center cooling and robotics.

LAS VEGAS, Jan. 8, 2026 /PRNewswire/ — LG Electronics (LG) CEO Lyu Jae-chul held a press briefing with Korean media in Las Vegas on January 7 (local time), outlining the company’s management direction and priorities. He presented a strategy built on three pillars: reinforcing fundamental competitiveness, accelerating the transition to a high-performance portfolio and strengthening a profitability-based growth structure.

Lyu said LG must respond to a business environment in which industry boundaries, competitive dynamics and technological cycles are changing faster than ever before.

“The paradigms of industries and competition are shifting at unprecedented speed. Matching the pace of others will not be enough. We must see the competitive ecosystem clearly and move faster and execute better than our peers to remain competitive.”

Reinforcing Fundamental Competitiveness and Technology Leadership

LG will reinforce its fundamental competitiveness by raising the baseline of performance across its entire value chain and widening the technology gap with competitors.

This effort rests on two pillars:

• Quality, Cost and Delivery (QCD) excellence
• Technology and R&D leadership that creates sustainable competitive advantage

To systematically upgrade performance in product quality, cost structure, design and speed, LG has established an Innovation Drive Division reporting directly to the CEO. This organization will function as a company-wide control tower for transformation across development, manufacturing, supply chain and sales. Lyu said he will personally oversee breakthrough targets and progress in each area.

In R&D, LG will further concentrate resources on “Winning Tech” – technologies selected based on customer value, business potential and technological competitiveness. These technologies will be deepened and scaled to lead markets rather than simply follow trends. In areas expected to become long-term industry growth drivers, LG will expand partnerships with leading global players to strengthen world-class development and commercialization capabilities.

Accelerating the Transition to a High-Performance Business Portfolio

LG will accelerate the transition to a high-performance portfolio centered on businesses with stronger growth, profitability and resilience to market cycles.

Key areas of qualitative growth include:

• B2B businesses such as vehicle solutions and HVAC
• Non-hardware businesses including product & service subscriptions and the webOS platform
• Online businesses led by direct-to-consumer (D2C) channels

This portfolio shift is already well underway. The share of these businesses in LG’s total revenue increased from about 29 percent in 2021 to 45 percent in the second half of last year, while their share of operating profit rose from 21 percent to about 90 percent over the same period. LG plans to further accelerate this trend through continued investment, business model innovation and tighter execution.

The vehicle solutions business is expected to deliver its highest annual performance this year, supported by a strong order backlog and growing demand for components for software-defined vehicles (SDVs) and AI-defined vehicles (AIDVs).

The HVAC business is positioning itself for future growth through cooling solutions for AI data centers (AIDCs), while the smart factory solutions business recorded KRW 500 billion in orders last year, just two years after commercialization.

In non-hardware businesses, LG’s product subscription model exceeded KRW 2 trillion in annual revenue, and the webOS platform continues to grow at a double-digit rate, with more than 260 million webOS-enabled devices now in use worldwide. LG’s online D2C business is also gaining momentum, with November sales – boosted by Black Friday – rising more than 40 percent year-on-year.

Strengthening the Profitability-Based Growth Structure Through AX

LG will use AI transformation (AX) to strengthen its profitability-based growth structure by improving speed, productivity and execution across the organization.

While digital transformation (DX) optimized individual tasks and processes, AX is designed to integrate them end-to-end, enabling more autonomous, data-driven and faster decision-making. LG has set a goal to increase overall productivity by 30 percent within two to three years, allowing employees to devote more time to higher-value work, innovation and professional expertise.

AI is already being applied across development, sales, supply chain management, procurement and marketing. LG’s internal chatbot, LGenie – originally built to support routine tasks – is evolving into a company-wide AI agent platform based on EXAONE, LG AI Research’s foundation model, and integrated with external generative AI technologies including Microsoft Azure AI Services, OpenAI’s ChatGPT and Google’s Gemini.

Increasing Investment for Future Growth

Despite ongoing global uncertainty, LG plans to increase investment this year to reinforce its long-term competitiveness and accelerate future growth, while maintaining strict discipline in how resources are allocated.

Total resources devoted to future growth – including capital expenditures, software and IT, patents, and strategic investments such as M&A – are expected to rise by more than 40 percent year-on-year. A portion of this funding will come from cash generated through the IPO of LG Electronics India.

Investment will be focused on areas where LG can best leverage its existing strengths, including AI Home, smart factory solutions, AI data center cooling and robotics. In parallel, LG will actively pursue strategic partnerships to expand capabilities and unlock new growth opportunities.

About LG Electronics, Inc. 

LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG’s four Companies – Home Appliance Solution, Media Entertainment Solution, Vehicle Solution and Eco Solution – combined for global revenue of over KRW 88 trillion in 2024. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.lg.com/global/newsroom for the latest news.

– ‘CART,’ the blood pressure ring, recognized in Europe for its advanced vital sign monitoring technology
– Targeting the global healthcare market beyond Europe through CE-MDR certification

SEOUL, South Korea, Jan. 8, 2026 /PRNewswire/ — Sky Labs (CEO Jack Byunghwan Lee) announced on the 8th that its ring-type blood pressure monitor, ‘CART PLATFORM,’ recently obtained the European Union’s Medical Device Regulation (CE-MDR) certification.

This certification was granted for the entire ‘CART PLATFORM,’ centered on the ring-type medical device equipped with photoplethysmography (PPG) sensors, and encompassing the mobile app, server, and the web viewer for medical professionals.

With blood pressure measurement at its core, the CART PLATFORM provides various vital sign monitoring functions, including irregular pulse detection. When a patient wears the ring-type medical device equipped with a PPG sensor, vital signs are measured; the collected data is then provided to the patient through a mobile app, while medical staff can monitor it through a web-based viewer.

This is expected to replace or complement the uncomfortable conventional 24-hour cuff-based monitoring methods, enhancing patient convenience while enabling efficient blood pressure management.

These benefits have already been proven in the Korean medical field. Since obtaining insurance reimbursement in 2024, ‘CART BP pro’ has been utilized in approximately 1,700 hospitals and clinics across Korea.

With this CE-MDR certification as a starting point, Sky Labs plans to expand its domestic-oriented business structure into European and global markets.

Europe, with a population of approximately 520 million, is a market more than ten times larger than Korea, with a steadily increasing demand for managing chronic diseases such as hypertension.

In particular, CE-MDR serves as a crucial benchmark for medical device licensing not only in Europe but also in various regions worldwide, including the Middle East, Southeast Asia, and South America.

“Securing the CE-MDR certification is more than a mere technical validation; it signifies that we have earned global-level trust by meeting the stringent regulations of the European medical market,” said Jack Byunghwan Lee, CEO of Sky Labs. “Based on our unrivaled technology that allows cuffless blood pressure monitoring in daily life, we will continue to expand our footprint in the global healthcare market.”

About Sky Labs https://skylabs.io/en/

Founded in September 2015, Sky Labs is a leading healthcare startup that has developed CART (Cardio Tracker), a ring-shaped medical device designed for disease monitoring using heart signals collected through optical sensors. Following this, the company developed CART BP, a cuffless, ring-shaped device that enables continuous 24-hour blood pressure monitoring, providing valuable treatment information and making a groundbreaking contribution to improving the quality of life for hypertension patients. Sky Labs has signed an exclusive domestic distribution agreement for CART BP with South Korea’s Daewoong Pharmaceutical and is preparing for nationwide sales to hospitals, clinics, and general consumers.

Media Inquiries
Inok Jung inok.jung@skylabs.io
Bomi Lee bomi.lee@skylabs.io

Chooses industry leading Vault CRM to empower commercial teams with next-generation CRM capabilities and agentic AI

SINGAPORE, Jan. 8, 2026 /PRNewswire/ — Veeva Systems (NYSE: VEEV) today announced that Novo Nordisk’s International Operations business unit has committed to use Veeva Vault CRM.

“We are honored to expand our partnership with Novo Nordisk to Vault CRM,” said Veeva CEO Peter Gassner. “Working together with AI-driven technology, we will do our part to help Novo Nordisk deliver breakthrough medicines to defeat serious chronic diseases and create long-term health for patients around the world.”

Vault CRM is part of the Vault CRM Suite of deep applications and agentic AI that drive more effective commercial execution across personal and digital channels. With advanced global capabilities, Vault CRM Suite addresses the industry’s unique and evolving country-specific business and compliance requirements.

“We are excited to expand our strategic partnership with Veeva by moving to Vault CRM,” said Emil Kongshøj Larsen, executive vice president, International Operations at Novo Nordisk. “Vault CRM will help provide Novo Nordisk the technology foundation to help drive commercial execution.”

For all the latest information on Veeva Vault CRM with agentic AI visit veeva.com/CRM and connect with Veeva on LinkedIn.

About Veeva Systems

Veeva delivers the industry cloud for life sciences with software, data, and business consulting. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,500 customers, ranging from the world’s largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.

Veeva Forward-Looking Statements

This release contains forward-looking statements regarding Veeva’s products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the period ended October 31, 2025, which you can find here (a summary of risks which may impact our business can be found on pages 33 and 34), and in our subsequent SEC filings, which you can access at sec.gov.

Type Approval Certification from Three Major Classification Societies Positions VINSSEN for Scalable Hydrogen Propulsion Applications

SEOUL, South Korea, Jan. 8, 2026 /PRNewswire/ — VINSSEN, a maritime decarbonization technology company specializing in hydrogen fuel cells and integrated system solutions, announced that it has obtained Type Approval from the Korean Register (KR) and the American Bureau of Shipping (ABS) for its 150kW marine fuel cell module.

Following its earlier approval from the Italian classification society RINA, VINSSEN now holds Type Approval from three major global classification societies for the same module.

The module is based on proton exchange membrane fuel cell (PEMFC) technology and is specifically designed for shipboard applications, meeting international classification requirements for design, safety, and performance. Obtaining the Type Approval Certificate (TAC) requires both a Project Design Assessment (PDA) and a Manufacturing Assessment (MA).

The PDA evaluates technical design and compliance, while the MA assesses production conditions and quality systems, including quality management, facilities, and process control. These assessments ensure compliance with classification standards and formally recognize the manufacturer’s quality management capabilities, which are essential for the safety certification of ships and offshore structures.

The 150kW fuel cell module serves as a building block for a 250kW system, which is modular and scalable toward megawatt-class hydrogen propulsion systems. The system can be flexibly applied as either an onboard power generator or a main propulsion source, and is suitable for a wide range of vessels, from small craft to large commercial ships.

The module has obtained project approval from the Korea Maritime Transportation Safety Authority (KOMSA). KOMSA’s technical rules and safety requirements are aligned with the International Maritime Organization (IMO) regulatory framework, confirming that the module meets safety standards for both domestic and international operations.

CEO Chil-Han Lee stated, “Type Approval from KR and ABS confirms that our technology meets the stringent safety and reliability standards required for marine environments. We will continue to advance high-power fuel cell modules and integration technologies, building a flexible hydrogen propulsion platform for various vessel types and power ranges.”

About VINSSEN
VINSSEN is a pioneering provider of Proton Exchange Membrane Fuel Cell (PEMFC) solutions for the maritime industry. With advanced R&D capabilities and expertise in clean propulsion systems, VINSSEN develops high-performance, scalable, and regulatory-compliant fuel cell solutions supporting the global transition to sustainable and zero-emission shipping.