Latest news
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Global EV battery firms to showcase new tech at 'InterBattery' exhibition in Seoul
SEOUL -- A total of 579 electric vehicle battery companies from 18 countries will participate in the InterBattery, an annual battery exhibition held in Seoul from March 6 to March 8. Exhibitors will showcase new battery-related technologies and products at the COEX Convention & Exhibition Center located in Gangnam District, the fashion and finance hub of Seoul. The annual battery event, organized by the Ministry of Trade, Industry and Energy, is one of the largest battery exhi
March 6, 2024 -
Aussie whiskies will be sold in Korean convenience stores
SEOUL -- South Korea's major convenience store chain, CU, announced the launch of "NED Whisky," a popular Australian brand, marking their entry into the affordable whisky market. Last year, CU saw success with the exclusive launch of "Rulett Premium Whisky" from India, priced under $23. The limited-edition bottles sold out within a week, with even the additional import batch disappearing within a month, totaling 5,000 bottles sold. This highlights th
March 6, 2024 -
LG Energy Solution launches battery swapping business for electric motorcycles
SEOUL -- In a move aimed at tapping into South Korea's delivery market, Kooroo, the in-house venture of battery manufacturer LG Energy Solution, has launched its electric motorcycle battery swapping station business. This service allows riders to swap batteries for fully charged ones in approximately 20 seconds, eliminating the need for time-consuming waits for charging. Despite their eco-friendly features, electric motorcycles have faced reluctance from delivery workers due t
March 5, 2024 -
Researchers find strain capable of producing alternative meat proteins in southern island
SEOUL -- A strain capable of producing mycoprotein, one of the key alternative meat ingredients, has been discovered in a river on the southern resort island of Jeju. The extracted mycoprotein can be used for providing cultured meat products with real meat flavor. Mycoprotein (fungal protein) is a protein produced by fungi such as mold and mushrooms. The Nakdonggang National Institute of Biological Resource said that they have discovered a strain called "Aspergillus tubingens
March 5, 2024 -
S. Korea to utilize Deepfake content detection software in criminal investigations
SEOUL -- South Korea will deploy specialized software designed to detect whether video clips or image files have been manipulated using Deepfake techniques in crime investigations. This announcement comes about a month before South Korea's general election scheduled for April 10. Deepfake technology, driven by artificial intelligence, enables the alteration of videos or images by replacing the face of a person in the original content with that of another individual. This face-
March 5, 2024 -
Education company Visang to develop AI-based digital math textbook
SEOUL -- South Korea's Visang Education has partnered with Mathpresso, the operator of artificial intelligence-driven learning platform called "Qanda," to develop an AI app-based math textbook. This solution will suggest questions tailored to each student's academic proficiency and offer hints when they get stuck. Qanda, boasting approximately 90 million users, rapidly provides explanations within five seconds after a student snaps a photo of a challenging math
March 5, 2024 -
Gmarket opens low-temp logistics center targeting one-day delivery service customers
SEOUL -- In an effort to gain a competitive edge in South Korea's ecommerce market dominated by Coupang, the South Korean counterpart of Amazon, major ecommerce platform Gmarket opened a low-temperature logistics center for fresh goods delivery service. Customers can now order fresh groceries through the ecommerce giant's overnight delivery service. Overnight and one-day delivery services garnered explosive popularity in South Korea during the pandemic. When people were
March 5, 2024 -
Asan Medical Center ranks 22nd in global hospital ranking
SEOUL --Seoul-based Asan Medical Center has been recognized by American weekly news magazine Newsweek as the top 22nd hospital out of a pool of approximately 2,400 hospitals worldwide. Asan Medical Center achieved the highest ranking among 17 South Korean hospitals included on the prestigious list of the world's top 250 hospitals. Along with global market analyst firm Statista, Newsweek determined the global ranking based on online surveys of 85,000 medical experts in 30 count
March 5, 2024 -
Hanwha Ocean condemns data leak regarding Navy destroyer project
SEOUL -- Hanwha Ocean has strongly condemned the leak of confidential information related to the KDDX, a multi-billion-dollar project to build a new generation of destroyers for the South Korean Navy, by HD Hyundai Heavy Industries, calling it a “serious criminal act.” The company also criticized the Defense Acquisition Program Administration (DAPA)'s decision not to restrict HD Hyundai Heavy Industries’ participation in the KDDX project bidding, despite the co
March 5, 2024 -
[INTERVIEW] S. Korean 3D geospatial map platform developer aspires to support UAE's digital twin project
SEOUL -- Techtree Innovation, a South Korean developer of 3D geospatial map platforms, hopes to play a key role in the United Arab Emirates' digital twin ecosystem project by sharing its expertise in related technologies. Techtree aims to provide its three-dimensional spatial information platform "Around" to the Middle Eastern country to create digital twin infrastructure for various tests including simulations of natural disasters such as flooding. A digital twin is
March 4, 2024
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LG Electronics, Kakao Mobility collaborate on delivery robot service
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Analysts predict poor earnings for major Korean game publishers in first quarter
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Carmakers, tech firms gather in Seoul for premier industry show
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Label control battle casts shadow over NewJeans' comeback
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N. Korea leader praises accuracy of short-range ballistic missiles
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Hyundai Motor, Matrix Renewables sign solar energy deal for EV plant in US
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Korean oil refiners harness pyrolysis technology to recycle plastics
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Russia pushes back against cancellations of ballet shows in Seoul
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Korea witnesses aging workforce trend in SME labor market
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AI translation service for foreigners gains momentum in Korea