Latest news
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POSCO expands ties with Australia's Hancock for battery material development
SEOUL -- South Korea's steel group POSCO will expand a strategic alliance with its Australian partner, Hancock, and cooperate in the mine development and processing of materials for electric vehicle batteries, at a time when the global raw material market remains unstable due to price hikes. POSCO has invested more than four trillion won ($3.09) in Australia to acquire raw materials through business ties with Hancock and other local companies such as First Quantum Minerals and
June 22, 2022 -
L'Oreal works with Hotel Shilla to release luxury beauty brand
SEOUL -- L'Oreal, a major cosmetics and personal care company in France, will launch a luxury beauty brand through cooperation with Hotel Shilla, a luxury hotel brand run by the sister of Samsung Group's de facto leader Jay Y. Lee, and a South Korean private equity firm. L'Oreal hopes to showcase Asian wisdom in a modern way by combining natural ingredients and functional efficacy. L'Oreal, Hotel Shilla and Anchor Equity Partners will own an almost equal share of the
June 22, 2022 -
S. Korea achieves goal of putting actual satellites into orbit with homegrown space rocket
SEOUL -- South Korea launched its homegrown space rocket that put satellites into target orbit, becoming the seventh country in the world to have developed a space launch vehicle that can carry a more than one-ton satellite. It was South Korea's first successful launch of a satellite with actual functions. The three-stage rocket called "Nuri," also known as KSLV-II, blasted off from the Naro Space Center in the country's southern coastal village of Goheung on June
June 21, 2022 -
SK Telecom opens VFX studio for media content production
SEOUL -- SK Telecom, a top mobile carrier in South Korea, opened a visual effects (VFX) studio to strengthen its content production capability and expand partnerships with global media companies. The studio features two LED wall stages that can create realistic graphics to remove the need for location shooting. VFX is the process by which imagery is created or manipulated outside the context of a live-action shot in filmmaking and video production. The integration of live-action fo
June 21, 2022 -
LS Cable supplies optical cables to Vietnam's largest telecommunications company 'Viettel'
SEOUL -- Through its subsidiary based in Ho Chi Minh City, South Korea's major cable manufacturer LG Cable & System has supplied optical cables to Viettel, a Vietnamese state telecom company involved in the construction of high-speed communication networks in Southeast Asia and Africa. A COVID-19 pandemic has slowed the establishment of high-speed telecom networks in Vietnam, but demands for communication cables are increasing again due to a surge in the construction of in
June 21, 2022 -
Researchers develop new bomb detector with simultaneous use of X-rays and neutrons
SEOUL -- X-ray scanners are effective for airport cargo security checks, but they can only check the shape of cargo or simply distinguish between organic and inorganic materials. South Korean researchers have developed a complex radiation security detector that can distinguish 16 types of substances by using X-rays and neutrons at the same time. The state-run Korea Atomic Energy Research Institute (KAERI) has cooperated with the Korea Advanced Institute of Science & Technology (
June 21, 2022 -
Hanwha Cimarron's tank selected for Shell's hydrogen charging station network in California
SEOUL -- Hanwha Cimarron, a gas storage solutions provider based in the United States, will provide its carbon fiber reinforced polymer tank called "Neptune" to Shell, a global energy and petrochemical group, for the establishment of a hydrogen charging station network in California. California, which is the center of the U.S. hydrogen industry, plans to increase the number of hydrogen charging stations to 1,000 by 2030. Hanwha Cimarron is building a high-pressure tank pla
June 21, 2022 -
LG CNS launches AI logistics robot subscription service for efficient warehouse operations
SEOUL -- LG CNS, the information technology wing of South Korea's LG Group, will release a cloud-based logistics robot subscription service that enables customers to subscribe and use as much as they need without having to spend an enormous amount of money at once. Conventionally, private companies spent some $10 million at once to purchase logistics robots. LG CNS said its new service called "Robot as a Service (RaaS)" allows customers to pay in installments at annua
June 21, 2022 -
CJ Feed & Care unveils feed capable of reducing dairy cattle's methane emissions
SEOUL -- CJ Feed & Care, a livestock feed corporation affiliated with CJ Cheil Jedang, unveiled an eco-friendly feed that can reduce the amount of methane emitted by dairy cattle by burping or farting. Methane is a greenhouse gas that affects the earth's temperature and climate system. Cows burp out large quantities of heat-trapping methane. Various solutions have been studied to lower the carbon footprint of beef and dairy cattle. Milk cows emit more methane than beef cat
June 21, 2022 -
SPC's new plant in Malaysia to be used as forward base targeting halal markets
SEOUL -- SPC, a major confectionery and bakery group in South Korea, will establish a plant in Malaysia that would be used as a forward base targeting halal markets across Southeast Asia and the Middle East. The group established a joint venture with its Malaysian partner, Berjaya Food, to open a store in an outlet in Kuala Lumpur in late 2022. SPC Group said its bakery brand Paris Baguette would build a halal-certified baking factory in Nusajaya Tech Park, a new industrial hub i
June 20, 2022
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Commemorative event explores Tagore's legacy in Korea
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VISUALS: Indian philosopher Tagore's 163rd birth anniversary celebrated on Nami Island
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John Y. Lee, Korean War hero who interpreted for MacArthur, dies at 95
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'We support BTS, not HYBE'
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Hanwha Robotics, B-Robotics join hands on restaurant automation project
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BTS agency launches global audition for new boy band
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Spike in juvenile gambling raises concerns in Korea
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Harmful substances found in toys sold on Chinese e-commerce platforms
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Hyundai Rotem selected as preferred bidder for armored vehicle contract with Peru
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Korea to launch international webtoon festival in September