Latest News

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  Hyundai Motor works with domestic firm to develop lidar for self-driving robots SEOUL -- As part of its strategy to implement a new "Mobility of Things" ecosystem using robots, South Korea's Hyundai auto group will work with a domestic company to develop a miniaturized lidar system for mobile robots. The goal is to develop a self-driving robot that can move stably between obstacles or on uneven roads by expanding the range of object recognition. Hyundai Motor Group said that it has signed a memorandum of understanding with Smart Optical Sensors 2022-05-17
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  Next-generation wire-guided heavyweight torpedo ready for mass production SEOUL -- The improved version of Bumsangeo (Tiger Shark), a wire-guided heavyweight torpedo for submarine loading to strike enemy surface ships and submarines from a distance, is ready for mass production and field deployment after it succeeded in underwater test-firing for quality certification. The Defense Acquisition Program Administration (DAPA), an arms procurement agency controlled by the defense ministry, has launched a project to develop Bumsangeo-II, the next generation o 2022-05-17
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  SK Telecom launches new growth-type AI service with cute characters SEOUL -- SK Telecom has launched a new growth-type artificial intelligence service with cute characters that handles the cumbersome behavior that customers face using smartphones and recommends and plays what they may like. Unlike other hard and cold AI brands, it aims to become a brand that grows with customers. The new AI service called "A. (A dot)" is initially available as an open beta version to Android smartphone users. To help customers use their time for more valua 2022-05-16
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  Researchers succeed in dissociation of amyloid-beta proteins involved in development of Alzheimer's disease SEOUL -- South Korean researchers have discovered a technique to safely dissociate beta-amyloid peptides, which are toxic proteins that form amyloid plaques in the brain to cause Alzheimer's disease. The technique uses low-frequency magnetoelectric-reactive nanoparticles that do not generate heat during operation. Beta-amyloid peptides are misfolded proteins that accumulate and form plaques in the brain. The misfolding of proteins occurs throughout the lifetime of a cell caused 2022-05-16
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  Hyundai's future mobility concept envisages Ondol underfloor heating method SEOUL -- South Korea's Hyundai auto group has released a future mobility concept that would allow passengers to fully rest while on the move in the era of self-driving by applying a specially designed "full-flat" seat and a unique heating system inspired by the underfloor heating method of Ondol that can maintain heat for an extended period and keeps both the floor and the air warm. In traditional Korean architecture, Ondol used heat from kitchen furnaces to warm the 2022-05-16
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  Naver's webtoon wing partners with Japanese media companies to launch joint venture SEOUL -- The web comics wing of South Korea's internet service giant Naver has partnered with TBS, a media enterprise in Japan, and Japan's webtoon publisher Shine Partners to launch a joint venture that would create synergy by recreating popular web cartoons into dramas, films, and other content. The joint venture will target Japan's rapidly growing webtoon market which stood at $4.7 billion in 2020. Webtoons, also known as web comics, are digital comic books opti 2022-05-16
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  Bell 505 light helicopter selected for military pilot training in S. Korea SEOUL -- B505, a glass cockpit light helicopter built by Bell Helicopter, has been selected for South Korea's military project to replace decades-old training helicopters for Army and Navy pilots. The single-engine five-seat turbine helicopter will be installed with the latest digital instrument panel and tactical navigation equipment. South Korea will invest some 170 billion won ($133 million) to introduce 40 training helicopters by 2025. Bell has modified its Bell 505 Jet R 2022-05-16
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  BTS grabs three trophies at Billboard Music Awards SEOUL -- BTS won three awards at the Billboard Music Awards. The seven-member band has grabbed trophies for six consecutive years at the prestigious American annual music awards event since 2017 when the band won the "Top Social Artist Award." The group won in "Top Duo/Group," "Top Song Sales Artist" and "Top Selling Song," Billboard said ahead of its award ceremony through its website on May 15. "Butter," the band's full Englis 2022-05-16
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  Mask-free outdoor arts festival attracts thousands of visitors on Children's Day SEOUL -- A rare scene involving thousands of people roaming freely inside a city square to enjoy summer festivities just like the pre-pandemic times was unfolded in Ansan southwest of Seoul on May 5's Children's Day. Couples, friends, and families applauded and burst into happy laughter while watching a variety of performances and participating in events and games. W 2022-05-13
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  LG Household & Health Care opens microbiome research center in Japan's northern island SEOUL -- LG Household & Health Care, a consumer goods company in South Korea, has opened a research center in Hokkaido, the northernmost of Japan's main islands, to develop natural fermentation and microbiome cosmetics targeting global customers. The region with a clean environment was favored as an ideal place for studying microbiomes and natural fermentation. The microbiome is a cluster of all types of microscopic organisms that co-exist with humans such as bacteria, fungi 2022-05-13
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  CJ ENM partners with France's Criteo to introduce TV Audience Extension technology SEOUL -- CJ ENM, a top media company in South Korea, partnered with Criteo, a Paris-based commerce media platform, to introduce "TV Audience Extension," a full-funnel marketing feature that combines TV broadcast advertisements and audience-first display advertisements. TV Audience Extension matches target users and discovers potential consumers with Criteo's Shopper Graph which is the world's largest commerce data, combined with Criteo's superior machine lear 2022-05-13
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  POSCO makes equity investment in Taiwan's Prologium to produce all-solid-state battery electrolytes SEOUL -- South Korea's leading steel group POSCO made a strategic equity investment in Taiwan's solid-state battery developer Prologium Technology to cooperate in the production of all-solid-state battery electrolytes for electric vehicles with the aim of pre-empting an emerging market for next-generation battery materials. POSCO Holdings said it has signed a contract with Prologium to jointly develop cathode materials for solid solid-state batteries, silicon anode material 2022-05-13
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  Hanwha Q CELLS launches new brand to make foray into EV charging service market SEOUL -- The photovoltaic cell-making wing of South Korea's Hanwha Group has launched a new brand to make a foray into the country's electric vehicle (EV) charging service market. The government aims to increase the number of private and commercial EV chargers from about 100,000 in 2022 to 500,000 by 2025. Boosted by a strong government campaign to go completely carbon-zero by 2050, South Korea's EV market is witnessing a boom like other countries. As of March 2022, the 2022-05-13
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  Taekwang Industry's board endorses new investment to boost aramid production SEOUL -- Taekwang Industry, a chemical and textile company in South Korea, will invest 145 billion won ($112 million) to boost the production of aromatic polyamide (aramid), a class of heat-resistant and strong synthetic fibers, from 1,500 tons to 5,000 tons per year by 2025 in response to a fast increase in global demand. Taekwang Industry said its board has endorsed the expansion of aramid production to strengthen competitiveness. "This investment decision is to preemptivel 2022-05-13
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  Hanwha Solutions discloses new investment to produce high-performance solar cells SEOUL -- Hanwha Solutions, a chemical and energy company affiliated with South Korea's Hanwha Group, will enhance the competitiveness of solar cells by building new production lines for high-performance photovoltaic cells and modules in South Korea and the United States. The new investment comes on the heels of fierce competition with Chinese companies. At Intersolar, a solar industry exhibition in Munich, Hanwha Solutions disclosed the planned injection of some 380 billion won 2022-05-12
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  State institute commercializes nasal spray-type medical device for disease prevention SEOUL -- A venture company established by South Korea's state research institute has received government approval to sell a newly-developed nasal spray-type medical device for the prevention of infectious diseases. The so-called spray-type mask is activated by light to eliminate viruses and germs that enter the nasal passage. The Korea Institute of Science and Technology (KIST) said that its bio venture company D.R.NANO was approved to sell the nasal spray-type medical device w 2022-05-12
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  Researchers work on alginate mass production to reduce S. Korea's reliance on imports SEOUL -- In an effort to reduce South Korea's heavy reliance on imports, a state marine research body in South Korea will lead a government project to develop technologies for the mass production of alginate, an anionic polymer that occurs naturally in brown algae. Alginates are used as a pharmaceutical or biomedical ingredient or as a compound for advanced biotechnology. Alginic acid is hydrophilic and forms a viscous gum when hydrated. With metals such as sodium and calcium, 2022-05-12
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  Hyundai Mobis works with German partner Vector to develop AUTOSAR-based standard software platform SEOUL -- Hyundai Mobis, a parts-making wing of South Korea's Hyundai auto group, will develop a standard software platform with its German partner, Vector, to maximize the competitiveness of vehicle software in the global automobile market. Hyundai Mobis has signed a memorandum of understanding with Vector for the joint development of AUTOSAR-based software platform. AUTOSAR is a development partnership of automotive interested parties with the aim of creating an open and sta 2022-05-12
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  KT partners with digital healthcare company to make foray into Vietnam's telemedicine market SEOUL -- South Korea’s top telecom company KT will work with HurayPositive, a domestic digital healthcare company, to make a foray into the Vietnamese telemedicine market. Using HurayPositive’s chronic disease management know-how, KT hopes to popularize its remote medical service in Vietnam where many patients suffer from diabetes. Through telemedicine services, doctors can provide healthcare for patients living in remote areas. Using phone or internet networks, they ca 2022-05-12
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  CJ ENM to open new drama production studio in Japan with Naver's webtoon service wing SEOUL -- CJ ENM, a media company that created the Oscar-winning film "Parasite," will open a new drama production studio in Japan through cooperation with the webtoon service wing of South Korea's web service giant Naver, as part of efforts to establish a multi-studio system and strengthen global content competitiveness. The new studio tentatively named "Studio Dragon Japan" will be set up by the end of June 2022 with a capital injection of 30 billion won ( 2022-05-12