Latest News

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  Engineering college to be created in metaverse world in northwestern satellite city of Seoul SEOUL -- Targeting young students familiar with virtual online activities, an engineering college will be created in the metaverse world in Goyang, a northwestern satellite city of Seoul. The virtual college called "Kaiser University" would offer hands-on training courses related to information technology, renewable energy, and medical science. Metaverse, which enables users to interact with others using avatars through virtually created online spaces, is gaining momentum 2023-04-07
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  BTS's lead rapper Suga appointed as global ambassador for NBA SEOUL -- BTS member Suga was selected as the global ambassador of the National Basketball Association, a North America-based baseball league, to promote various events. The 30-year-old is a big fan of an Oregon-based team "The Portland Trail Blazers." "It is personally a great honor as I have loved basketball since I was young," the artist said in a video uploaded on NBA's official Twitter account. The South Korean singer earlier said his favorite basketball 2023-04-06
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  Number of foreign tourists to S. Korea skyrockets by 400% on-year in January and February SEOUL -- Thanks to the reopening of borders and lifting of regulations on compulsory face masks in public places, the number of foreign travelers who visited South Korea in January and February 2023 has skyrocketed by about 400 percent compared to the same period last year, South Korea's state-operated tourism promotion agency said. South Korea's tourism industry is one of the country's industries that was devastated by the COVID-19 pandemic. Shopping districts frequent 2023-04-06
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  LG Chem partners with CJ Logistics to recycle discarded packaging wraps collected at distribution facilities SEOUL -- LG Chem, a chemical unit of LG Group, has partnered with CJ Logistics, South Korea's major logistics company, to recycle packaging wraps used at distribution centers. The chemical company will create recycled wraps and supply them back to the logistics company. According to data cited by LG Chem, most wraps used for packaging in South Korea are used to fasten loads at logistics centers and other industrial sites. Most wraps are made of PET (polyethylene terephthalate). 2023-04-06
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  KT's multilingual AI voice synthesis service adopted in video production platform 'Mango Board' SEOUL -- "AI Voice," a multilingual artificial intelligence-based voice synthesis service created by South Korea's major telecom company KT, was adopted by the operator of Mango Board, a domestic design and video content production platform. Depending on the written script context, the service creates various voices with different emotions. The service is available in Korean, English, Chinese, and Japanese. AI Voice users can express many different emotions including 2023-04-06
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  HD Hyundai Construction Equipment pushes to achieve 100% renewable energy electricity at overseas branches SEOUL -- The Indian branch of HD Hyundai Construction Equipment, affiliated with South Korea's leading Hyundai shipbuilding group, has partnered with India's solar power generation company Ravindra Energy to expand the company's solar power generation capability to achieve 100 percent renewable electricity. RE100 is a global initiative designed to encourage businesses to achieve 100 percent renewable electricity through renewable energy sources such as solar power plant 2023-04-06
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  Kia reveals big plan to accelerate electrification of vehicles to sell 2.3 mln eco-friendly cars by 2030 SEOUL -- Kia, a South Korean carmaker affiliated with Hyundai Motor, has revealed a big plan to go full throttle on the electrification of its vehicle lineups in a bid to capture the global future clean energy vehicle market. The world's clean energy vehicle market, mainly dominated by electric vehicles (EVs), is growing at a whopping speed of an average annual growth rate of about 55 percent to reach 10.2 million units sold in 2022, according to global market research firm Cou 2023-04-06
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  S. Korea's homemade fighter jet KF-21 succeeds in short-range weapons separation test SEOUL -- The second prototype of South Korea's homemade fighter jet KF-21 succeeded in its weapons separation test using a missile designed for short-range battles. The test was carried out to check changes in aircraft structure, engine, and aerodynamic features in case of separating various types of weapons. The Defense Acquisition Program Administration (DAPA) unveiled a video on YouTube showing the prototype firing a short-range missile called "AIM-2000" over t 2023-04-06
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  BTS member Jimin gains explosive popularity through solo album 'FACE' SEOUL -- BTS member Jimin is garnering explosive popularity through his first solo album "FACE," which has ranked second on Billboard's top 200 popular albums chart. The 27-year-old has also topped Billboard's top 100 popular song chart through the album's title track "Like Crazy." The album released on March 24 was ranked second on the list of Billboard 200 chart with 164,000 equivalent album units sold in the United States in the week ending on Mar 2023-04-05
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  Samjin Pharmaceuticals partners with Viet Nam's OPC Pharmaceutical JSC to sell drugs and health supplements SEOUL -- South Korea's Samjin Pharmaceuticals has partnered with Viet Nam's OPC Pharmaceutical JSC to supply and distribute drugs and health supplements in the Vietnamese market which stood at $7.5 billion in 2021 and growing at an average annual growth rate of about six percent. Samjin Pharmaceuticals, established in 1968, is domestically well-known for its painkiller brand Geworin and other drugs including antithrombotic drug Plalis and hyperlipidemia drug Neustatin Duo. 2023-04-05
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  Squid Game actor Lee Byung-hun to discuss future of Korean Cultural Wave at Standford University SEOUL -- Lee Byung-hun, a South Korean actor who starred in Netflix drama series Squid Game, will interact with global fans at a conference held by Standford University's research institute specializing in contemporary Asian studies. The conference is designed to discuss directions for South Korean films, K-drama, and Korean studies. Squid Game, released on September 17, 2021, was watched by some 111 million households around the world only 28 days after its release, beating Br 2023-04-05
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  S. Korea releases revised standards for construction of fuel cell-powered vessels SEOUL -- In a bid to gain competitiveness in the global hydrogen fuel cell-powered vessel market, South Korea has revised standards for the construction of ships equipped with a clean energy drive system. Global shipbuilders are trying hard to develop efficient eco-friendly fuel-based vessels to reduce their dependency on fossil fuels after the International Maritime Organization (IMO), a U.N. maritime safety agency, adopted compulsory measures to reduce greenhouse gas emissions fr 2023-04-05
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  Samsung to establish $3.1bln display cluster for world's first 8.6th-gen OLED panels in southern province SEOUL -- Samsung Display, a major flat panel maker in South Korea, will establish a display production cluster in South Chungcheong Province for the production of the world's first 8.6th-generation organic light-emitting diode flat panels. 4.1 trillion won ($3.1 billion) will be invested to create a production complex with an annual capacity of 10 million OLED display units by 2026. South Korea has been the leading country in the world's liquid crystal display (LCD) and org 2023-04-05
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  State financial watchdog releases mobile banking practice app for elderlies SEOUL -- In an effort to reduce the information gap between young people and elderlies, South Korea's financial watchdog has released a smartphone app that old people can use to familiarize themselves with mobile banking apps. South Korea with some 1.5 billion registered online and mobile banking users recorded a daily online transaction of about 75 trillion won ($5.7 billion) in the first half of 2022, according to the country's central bank. Smartphone users rely on mobil 2023-04-04
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  Test service for China-S. Korea multimodal transport kick-started for non-stop cargo truck logistics service SEOUL -- A multimodal transport service that would exempt cargo trucks from unloading and loading containers at docks was kick-started to see if the non-stop cargo logistics process can save time and manpower in international ecommerce parcel delivery processes between China and South Korea. Normally, when a cargo truck carrying a trailer box arrives at an international port, the cargo is unloaded and moved to a storage yard before it is loaded back onto a ship to head to overseas 2023-04-04
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  China's Aliexpress becomes S. Korea's most-downloaded ecommerce app in February SEOUL -- Aliexpress, an online shopping mall app service operated by China's online shopping giant Alibaba, was the most-downloaded ecommerce app in South Korea in February, overtaking Karrot, a South Korean secondhand item trading app with some 18 million monthly active users. Karrot, also known as Danggeun Market, was launched in 2015 as a secondhand item trading platform that matches sellers and buyers who live within a radius of about six kilometers (3.7 miles). The app g 2023-04-04
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  Baby Shark's creator gains explosive popularity in U.S. with latest series SEOUL -- "Bebefinn," a three-dimension video animation show featuring the five-member family of a 20-month-old baby, is garnering explosive popularity in the United States. The animation show created by South Korea's educational entertainment company Pinkfong has recorded 250 million views in the U.S. with 20 million hours of accumulated viewing time. Finn is an animated child who loves to play with Baby Shark. He has four family members -- mother, father, brother, an 2023-04-03
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  S. Korean men experiences rapid aging 10 years earlier than American men due to muscle loss SEOUL -- According to a report by InBody, a Seoul-based healthcare company, South Korean men experience rapid aging at the age of 35, about 10 years earlier than American men. The healthcare firm said the phenomenon is related to muscle loss caused by acquired factors such as smoking and a congenital reason. Data released by InBody showed that skeletal muscle mass in South Korean men decreases from the age of 35 while American males begin to lose at the age of 45. The report was cr 2023-04-03
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  Yanolja's consolidated sales increase 83% on-year to hit $459.2 mln in 2022 SEOUL -- Yanolja, South Korea's major online travel, leisure, and accommodation reservation app service, has recorded consolidated sales of 604.5 billion won ($459.2 million) in 2022, up 83 percent from a year ago, thanks to eased social distancing regulations and consumers' increased interest on traveling. When the first wave of the COVID-19 pandemic hit South Korea in early February 2020, people were basically grounded because of strict social distancing guidelines issued 2023-04-03
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  Daebo to host charity concert at golf course in northern city of Paju SEOUL -- Daebo Group, a medium-sized conglomerate in South Korea, will host a free charity concert at a golf course in the northern city of Paju. Various K-pop artists such as BTS and singer-actress IU participated in the annual donation event where fairways were recreated into a concert hall and a playground. Daebo said in a statement that the 19th Seowon Valley Charity Green Concert would begin on June 3. The company said the event, which first started in 2000, is designed to r 2023-04-03