Latest news
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Game publisher NCSoft kicks into full gear to accelerate research and development of AI
SEOUL -- To diversify its main business channels and nurture a new future growth engine, South Korea's major game publisher NCSoft has merged its centers for artificial intelligence and natural language processing to a single research and development headquarters for AI technologies. NCSoft is recognized as the creator of South Korea's iconic massively multiplayer online role-playing game (MMORPG) "Lineage." The company established in 1997 is now a strong player
March 6, 2024 -
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
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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
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Video streaming services in Korea sharply raise subscription fees
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Korea launches first nanosatellite in New Zealand