Latest news
-
Solus board approves $187 million investment in copper foil factory in Canada
SEOUL -- Solus Advanced Materials, an electric component and copper product maker in South Korea, earmarked about 240 billion won ($187 million) for investment in the construction of a battery copper foil factory in Quebec, Canada. The plant is to start the mass production of 17,000 tons of foils in the second half of 2024. Solus said its board endorsed the proposed investment of 240 billion won in its subsidiary, Volta Energy Solutions (VES), which will own the foil factory in Cana
June 28, 2022 -
CJ Cheil Jedang's biodegradable plastic material selected as first case to receive state certification
SEOUL -- A biodegradable plastic material produced by CJ Cheil Jedang, a key subsidiary of South Korea's food and entertainment conglomerate CJ Group, was selected as the first case to receive state certification for excellent biodegradation properties. CJ Cheil Jedang has developed polyhydroxyalkanoates (PHAs), which are produced by bacteria during the fermentation process of sugar or lipids including fats, oils and waxes to store carbon and energy, and can be used with other
June 28, 2022 -
Pterosaur footprints provide evidence for gregarious gathering in mixed-age groups
SEOUL -- An assemblage of pterosaur footprints from the early Upper Cretaceous track site in the southern part of the Korean Peninsula provided new evidence for gregarious behavior, hinting at the possibility that pterosaurs gathered in mixed-age groups some 90 million years ago. The Seoyuri track site in Hwasun, some 260 kilometers (161 miles) southwest of Seoul, yielded numerous footprints made by individuals ranging from 0.5 to 1.5 meters in wingspan, representing a not yet kno
June 28, 2022 -
LG Innotek develops new car radar module with world's highest resolution and performance
SEOUL -- LG Innotek, the electric component unit of South Korea's LG Group, unveiled a new in-vehicle radar module capable of detecting the presence or movement of life using radio waves. The module boasting the world's highest resolution and performance can prevent theft and identify the location and number of passengers in all seats as well as bio-signals and movements. With the aim of commercializing its new module in 2024, LG Innotek vowed to actively target global mar
June 28, 2022 -
Hyundai shipyard wins Philippine order to build six offshore patrol vessels
SEOUL -- South Korea's Hyundai shipbuilding group has secured an order worth 745 billion won ($580 million) from the Philippines to build and deliver six 2,400-ton offshore patrol vessels by the end of 2028. The ship mounted with a 76mm gun and two 30mm auxiliary guns will have a helideck to operate helicopters and drones. Under a customized contract signed with the Philippine Defense Department in Manila on June 27, Hyundai Heavy Industries (HHI) said it would reflect req
June 27, 2022 -
SK Telecom expands self-driving pilot zone to test advanced smart transportation system
SEOUL -- At a pilot zone for the testing of autonomous vehicles, SK Telecom, a top mobile carrier in South Korea, will test an advanced smart transportation system that connects vehicles, pedestrians, and traffic infrastructure with 5G. SK Telecom (SKT) has expanded a pilot driving zone for autonomous vehicles in Sangam, a western residential and commercial district of Seoul, to test a cooperative intelligent transport system (C-ITS) that provides real-time information such as traff
June 27, 2022 -
CGBIO leads state-funded project to develop new negative pressure wound treatment device
SEOUL -- CGBIO, a total healthcare provider in South Korea, has been selected for a state-funded project to develop a new negative pressure wound cleaning and healing device that can regenerate wounds and treat infections at the same time. The project is aimed at enhancing the competitiveness of localized equipment in the global market dominated by foreign companies. Negative pressure wound therapy (NPWT) improves the healing of open nonsurgical wounds using negative pressure for th
June 27, 2022 -
SK Telecom arranges volumetric music festival in metaverse platform
SEOUL -- SK Telecom, a top mobile carrier in South Korea, will hold a virtual music festival using volumetric technology at its metaverse platform called "Ifland" which maximizes user experience through diverse virtual spaces and avatars. Fans can enjoy surreal content such as performances showing artists as huge as buildings. The festival will be held from 8 p.m. every day for a week from June 27 at Ifland's volumetric concert hall, SK Telecom (SKT) said, adding that
June 27, 2022 -
Siemens Gamesa signs offshore wind partnership with Doosan Enerbility in S. Korea
SEOUL -- Doosan Enerbility has selected Siemens Gamesa, a leading offshore wind turbine producer based in Spain, as a strategic partner for the development of wind turbines and the expansion of a wind power generation ecosystem in South Korea. They would investigate strategic cooperation on large-scale offshore wind turbines, Under a memorandum of understanding, Siemens Gamesa (SGRE) and Doosan Enerbility would investigate potential products and services optimized for South
June 27, 2022 -
Iljin Materials wins $6.56 billion order to supply core battery material to Samsung SDI
SEOUL -- Iljin Materials, the producer of core materials for lithium batteries in South Korea, has clinched a long-term order worth 8.52 trillion won ($6.56 billion) from Samsung SDI to provide Elecfoil, a thin copper foil used as a core material for rechargeable batteries, by the end of 2030. In a regulatory filing on June 24, Iljin said it would supply 60 percent of copper foil required by Samsung SDI annually. Iljin said the supply of Elecfoil may change from 55 to 80 percent d
June 24, 2022
-
Korea exports first batch of Samgyetang to Europe
-
VISUALS: Africa Culture Festival begins at Gwanghwamun
-
Southern port city to be transformed into Korea's coffee business incubator
-
Korea selects four groups for alternative seafood research
-
HD Hyundai unveils model of AI-based unmanned surface vessel in partnership with Palantir
-
From niche market to game changer: Sugar-free craze sweeps Korean food industry
-
Australian Embassy in Seoul invites wine enthusiasts on epicurean adventure
-
Upstage, Flitto join hands to build multilingual AI dataset for large language models
-
Russian envoy expects thaw in ties with South Korea
-
VISUALS: See how to make 10-meter-long gimbap