Latest news
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CJ Cheiljedang to release spicy rice cake menu Tteokbokki in North America and Europe
SEOUL -- Targeting global consumers in North America, Europe, and Asia, CJ Cheiljedang, a key subsidiary of South Korea's food and entertainment conglomerate CJ Group, will release Korean street food products including Tteokbokki, a menu of finger-sized rice cakes simmered in fiery-red spicy chili sauce. The street food menus will be included in the company's Korean cuisine brand "Bibigo." CJ Cheiljedang is the first South Korean company to exceed 10 trillion won
May 15, 2023 -
Sales of Hyundai and Kia cars increase in India for more than 12 consecutive months
SEOUL -- Sales of Hyundai Motor and Kia vehicles in India, the world's third-largest automotive market, are steadily increasing. Sales of Hyundai cars have increased for 12 consecutive months while Kia's sales increased for 14 months in a row. According to data released by the Society of Indian Automobile Manufacturers (SIAM) on May 15, accumulated sales of Hyundai and Kia cars in India in the first four months of 2023 stood at 295,359 units, up 15.5 percent from the same p
May 15, 2023 -
HD Hyundai's subsidiary to develop ultra-high-efficiency solar cells
SEOUL -- HD Hyundai Energy Solutions, the solar power wing of South Korea's HD Hyundai, will lead a state project to develop an ultra-high-efficiency large-surface solar power generation module. By 2026, the solar energy solution provider aims to develop hetero-junction technology and mass-produce products that can significantly reduce the amount of energy loss when converting sunlight into electrical energy. According to data released by HD Hyundai Energy Solutions, the power
May 15, 2023 -
S. Korean battery makers could face supply shortage in copper in 10 yrs: industry
SEOUL -- South Korean battery makers could face a supply shortage in copper, the main material for copper foil and other key components of secondary batteries, while they focus on acquiring a stable supply line of lithium, which is also a key material for lithium-ion batteries used for electric vehicles, industry officials said. According to data released by London Metal Exchange (LME), the price of copper reached $8,263 per ton on May 15. Global investment management firm Goldman
May 15, 2023 -
S. Korea's state power company to establish submarine high voltage power 'expressway' to connect cities
SEOUL -- South Korea's state power company has revealed a 15-year project to establish a power "expressway" underwater using submarine high voltage direct current cables to draw excess electricity from southern areas to the capital city of Seoul and its satellite cities. Currently, Seoul and its surrounding cities have the highest population density of 2,195 people per square kilometer, which is about five times larger than that of the southern port city of Busan, w
May 15, 2023 -
Pulmuone's Asian noodle products gain explosive popularity in US market
SEOUL -- Seoul-based food company Pulmuone has recorded $72.2 million in sales of Asian noodles in 2022, up 65 percent from a year ago. Targeting American consumers, the food company has showcased various refrigerated noodle products including ramen with pork and broth, and Japchae, a Korean stir-fried noodle dish with beef and various vegetables. According to data released by market research firm Research and Markets, the instant noodles market in the U.S. was estimated to be $1 b
May 15, 2023 -
AI company ESTsoft showcases virtual fitness trainer for Pilates trainees
SEOUL -- South Korean artificial intelligence company ESTsoft has released a virtual fitness trainer for those who want to learn pilates and yoga at home. After analyzing users' movements, the virtual instructor helps trainees to exercise properly and give various advice on Howfit, an AI-based fitness training application. Howfit said in its Instagram post on May 12: "We are showcasing virtual human Kim Yi-so’s pilates class on Howfit!" The virtual trainer crea
May 12, 2023 -
Probiotic brand Duolac makes foray into pet market
SEOUL -- Targeting South Korea's growing pet market, the lactic acid bacteria brand of Cell Biotech, a Seoul-based probiotic company, made a foray into the pet nutrition market by releasing a pet lactic acid bacteria product. The chewable supplement product can help animals improve internal microbial conditions as the majority of immune cells live in their intestines. Data released by South Korea's agriculture ministry showed that about one out of four South Koreans raise
May 12, 2023 -
Foreign brands target S. Korea's $104.8 bln restaurant market
SEOUL -- Foreign restaurant brands including American fast food casual restaurant chain Five Guys and American fried wings franchise Wingstop have chosen to make a foray into South Korea with a 139.6 trillion won ($104.8 billion) restaurant market. There are many foreign brands like McDonald's, Burger King, Papa Jones, and KFC that are favored by picky South Korean customers but the majority of the market is shared by domestic restaurant chains and individual restaurant operato
May 12, 2023 -
BLACKPINK member Lisa achieves Guinness World Record through first solo album LALISA
SEOUL -- LALISA, a solo album by Lisa, a Thai member of K-pop girl band BLACKPINK, was streamed more than one billion times on Spotify, the world's most popular music streaming service. The solo album which shows various Thailand's cultural assets been listed in Guinness World Records. Through the album's lead single of the same name, the Thai artist presented how K-pop could be mixed with other cultures by featuring Phanom Rung Stone Castle, a temple complex in Northea
May 11, 2023
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Seoul unveils new slogan for iconic landmark 'Dongdaemun Design Plaza'
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VIDEO: Dongdaemun Design Plaza celebrates 10th anniversary
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Korean e-commerce firms vying to lure customers quitting Coupang over fee hike
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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