Latest news
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Yoon apologizes over ruling party's election defeat
SEOUL, April 16 (AJU PRESS) – President Yoon Suk Yeol apologized Tuesday for his failure to uphold the will of the people, which he blamed for the ruling party's crushing defeat in last week's parliamentary elections. The ruling People Power Party was routed in the April 10 elections, securing only 108 seats in the 300-member National Assembly, compared to the opposition Democratic Party's 175. "I am sorry as the president for not properly considering and
April 16, 2024 -
Hyundai Mobis to demonstrate urban operation of level 4 fully autonomous vehicles
SEOUL, April 16 (AJU PRESS) - Korea's leading car parts manufacturer, Hyundai Mobis, is set to kick-start a demonstration of level 4 fully autonomous vehicles designed to operate without human drivers. The test drive, scheduled for late April, will cover a distance of 60 kilometers (37 miles) along a route in the bustling western port city of Incheon. Distinguished from level 1, 2, and 3 autonomous vehicles, which require human drivers, level 4 self-driving cars can autonomous
April 16, 2024 -
Korean SMEs showcase consumer goods at trade fair in Guangzhou
SEOUL, April 16 (AJU PRESS) - More than a dozen Korean small and medium-sized enterprises (SMEs) are participating in a biannual expo in Guangzhou which began on Monday. The so-called "China Import and Export Fair," is one of the largest business fairs in China. The Korea Trade-Investment Promotion Agency (KOTRA) set up a joint booth for Korean SMEs. Exhibitiors are displaying various consumer goods, including home appliances and electronic products. The biannual t
April 16, 2024 -
Unused spaces being converted into solar power facilities
SEOUL, April 16 (AJU PRESS) - HD Hyundai Energy Solutions, the solar power subsidiary of HD Hyundai, has installed rooftop solar panels on facilities owned by food company CJ CheilJedang. This move comes in response to the growing demand from businesses aiming to achieve carbon neutrality. The energy solutions firm plans to further expand its solar initiatives by utilizing previously unused spaces. Across South Korea, companies are increasingly embracing the use of idle areas like
April 16, 2024 -
LS Materials develops ultra-high voltage regulator system
SEOUL, April 15 (AJU PRESS) - LS Materials, a subsidiary of South Korea's LS Group specializing in ultra-capacitors, has developed a static synchronous compensator (STATCOM), an advanced voltage regulator, for the first time in the nation. The company on Monday announced the localization of the device used to ensure power supply stability by controlling fluctuations in voltage and frequency within large-capacity power grids. Previously, the system had only been produced by Ger
April 15, 2024 -
S. Korean food giant CJ CheilJedang starts kimchi production in Australia
SEOUL, April 15 (AJU PRESS) - CJ CheilJedang has begun producing kimchi in Australia using indigenous ingredients seeking to cater to local consumers' tastes, the South Korean food giant said Monday. Australia is the fifth largest overseas market for Korean-made kimchi, importing $6.01 million worth of the traditional fermented vegetable dish from the Asian country in 2023. CJ CheilJedang, which has supplied Australia with kimchi produced in South Korea, began production th
April 15, 2024 -
HD Hyundai partners with US AI developer to build military unmanned vessels
SEOUL, April 15 (AJU PRESS) - HD Hyundai Heavy Industries, the world's largest shipbuilder, has forged a partnership with Palantir Technologies, a U.S. artificial intelligence technology company, to jointly develop military unmanned surface vehicles (USVs). The South Korean company said Sunday the two companies have recently signed a memorandum of understanding in Washington to build reconnaissance USVs by 2026 and further cooperate to develop combat USVs in the future. Th
April 15, 2024 -
Families migrating to Seoul surge in 2023 due to high academic fervor
SEOUL, April 15 (AJU PRESS) - The number of South Koreans moving to Seoul for educational purposes reached an all-time high in 2023. Despite the ongoing exodus of people leaving the capital city due to high living and housing costs. Employment is also one of the primary factors for individuals to migrate to Seoul. According to data released by the Korean Statistical Information Service (KOSIS) on Monday, South Koreans who moved to Seoul totaled 1,207,000 last year. State data show
April 15, 2024 -
LG Energy Solution will use generative AI to boost work performance
SEOUL, April 15 (AJU PRESS) - LG Energy Solution, the battery-making arm of South Korea's LG Group, will implement generative artificial intelligence-based technologies to improve work efficiency. The company intends to utilize this AI solution to analyze customer demands. The company said Sunday it adopted a generative AI solution that analyzes YouTube video clips and summarizes the latest trends in batteries, electric vehicle-related policies, and other work-related trends.
April 15, 2024 -
TXT's 'Minisode 3 : TOMORROW' album ranks third on Billboard chart
SEOUL, April 15 (AJU PRESS) - Boy band Tomorrow X Together's "Minisode 3 : TOMORROW" has ranked third on Billboard's top 200 popular albums chart. Beyoncé's "Cowboy Carter" clinched the top spot, followed by "Might Delete Later" by J. Cole. Billboard’s chart released on Sunday showed that Minisode 3 : TOMORROW claimed the third position with 107,500 equivalent album units sold in the United States. The ranking is determined ba
April 15, 2024
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N. Korean leader inspects test-firing of new multiple rocket launcher shell
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Korean football team fails to qualify for Olympics for first time in 40 years
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Seoul aims to revitalize Han River into leisure, tourism hub
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Education startup Mathpresso makes TIME's top edutech company list
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Vietnamese schools adopt AI-based Korean learning platform
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VISUALS: Premier electric vehicle fair underway in Seoul
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HYBE takes legal action against NewJeans agency CEO amid management control feud
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Korea reports world's first demonstration of integrated operation of urban air mobility systems
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SNU professor to spearhead Korea's inaugural space agency
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HD Hyundai establishes new headquarters for marine energy businesses