Latest News

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  Lunit's AI x-ray analysis solution proved to be effective in detecting breast cancer SEOUL -- "Lunit INSIGHT MMG," a solution specialized in detecting breast cancer created by South Korea's medical artificial intelligence company Lunit, turned out to be more effective when it performs diagnosis tasks with a human doctor rather than when only two human doctors identify the disease. The adoption of AI solutions can increase work efficiency by replacing human experts who are prone to making mistakes. Lunit's AI-based solution uses software robots to 2022-11-28
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  $4.29 billion earmarked for production of homemade light-armed helicopters by 2031 SEOUL -- A military program to produce homemade light-armed helicopters developed by Korea Aerospace Industries (KAI), the sole aircraft maker in South Korea, got approval with an injection of 5.75 trillion won ($4.29 billion) for nine years by 2031. The program is aimed at replacing an aging fleet of light helicopters such as MD500s and AH-1S Cobra. The green light came at a meeting chaired by Defense Minister Lee Jong-sup, according to the Defense Acquisition Program Administr 2022-11-28
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  Woowa starts door-to-door robot food delivery in iconic Gangnam shopping mall SEOUL -- The operator of Baedal Minjok, South Korea's top food delivery service operator, has started a door-to-door robot food delivery service at an iconic shopping mall complex in Gangnam, a Seoul district well known for rapper Psy's 2012 song "Gangnam Style." The service demonstrates a technical advance in self-driving food delivery robots that have been tested in limited environments. Woowa Brothers has developed Dilly, a lineup of serving and food delivery 2022-11-28
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  Shinsegae's online fashion platform opens pop-up store in trendy fashion district Seongsu SEOUL -- W Concept, the online fashion platform wing of South Korea's retail giant Shinsegae, has opened a pop-up store where customers can purchase various fashion items after trying them on in a showroom. A pop-up store is an experimental shop that only opens for a short period. The store is located in Seongsu, Seoul's vibrant fashion district with many colorful fashion stores that attract many young shoppers who like to express themselves through special apparel items. S 2022-11-28
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  SK picglobal opens world's first DPG-only production facility SEOUL -- SK picglobal, a chemical joint venture in South Korea, opened a plant that can only produce about 30,000 tons of dipropylene glycol per year to meet a growing global need. Dipropylene glycol is a very useful reactive intermediate in various industries for its low toxicity and solvent properties that make it an ideal additive for perfumes and skin and hair care products. Dipropylene glycol is a co-product coming from the manufacture of mono propylene glycol. It is a water-so 2022-11-28
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  Virtual influencer 'WAI' to make debut with ballad song SEOUL -- WAI, a virtual influencer created by the operator of South Korea's famous video streaming service AfreecaTV, will make its debut with a ballad song titled "Want to Be a Star." The virtual influencer created using a full three-dimensional model will also root for South Korea's national football team participating in the FIFA World Cup Qatar 2022. The music video and the video showing the virtual model's support for the South Korean international foot 2022-11-25
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  WeMade pledges legal action against 'death verdict' by crypto exchanges to delist native token SEOUL -- The founder of South Korea's online game developer WeMade warned of legal action against a death verdict given by a coalition of domestic crypto exchanges led by Upbit to delist the native token of the company's blockchain ecosystem, saying that such an "unfair" action should not impede the establishment of a digital economy platform. "I think it's very unfair," WeMade CEO Henry Chang said in an online press conference on November 25 with t 2022-11-25
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  ​Naver releases 'BTS Travel Book' for English and Japanese travelers in S. Korea SEOUL -- Naver Snow, a web service platform operator affiliated with South Korea's internet portal giant Naver, has released a travel guidebook featuring the intellectual property of K-pop sensation BTS. The guidebook targets English and Japanese speakers visiting South Korea. South Korea, which had virtually closed its border to individual travelers at the height of a coronavirus pandemic in 2020 and 2021, opened its gates in early 2022, started issuing short-term visas in May 2022-11-25
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  SK on ties up with China's GEM to establish nickel joint venture in Indonesia SEOUL -- A U.S. inflation reduction act puts pressure on many South Korean companies to reduce their traditional reliance on Chinese raw materials and set up a diversified supply chain, especially in the manufacturing and distribution of electric vehicle batteries. Realistically, it's hard to cast off the yoke of the world's second-largest economic power which has already established itself as South Korea's indispensable trade partner. SK on, a battery maker affiliated w 2022-11-25
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  Busan to work with global coffee barista community for coffee certification business SEOUL -- South Korea's southern port city of Busan partnered with the Specialty Coffee Association, a nonprofit organization that issues global barista certificates, to nurture the city's coffee industry by establishing big data of green, unroasted coffee beans that baristas can access to choose the most ideal type of coffee for their shops. Visiting coffee shops has become an everyday culture in South Korea. It is common to see young students studying or chatting with fri 2022-11-25
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  LG's agro-tech wing partners with rural county to accelerate adoption of smart farms SEOUL -- Farm Hannong, the smart agricultural technology wing of LG Chem, has partnered with a rural county famous for its vast and fertile flatlands ideal for farming, to accelerate the adoption of smart farms and digital farming technology. Smart farming in South Korea with a 30-trillion-won ($22.5 billion) crop-farming sector is at its infant stage, mainly because of the aging population of farmers at an average age of 67 years old. Old farmers prefer to grow crops using traditi 2022-11-25
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  BTS Jin urges fans to avoid flocking for farewell gathering near army boot camp SEOUL -- Jin, the eldest member of K-pop superstar BTS, urged fans to avoid flocking for a farewell gathering on December 13 when he joins the boot camp of a front-line infantry division, which guarded the heavily guarded inter-Korean border, to fulfill his compulsory military service. The 29-year-old will receive five weeks of training for his service at the infantry division known for tough training and military service as well as freezing weather in winter. The boot camp is loc 2022-11-24
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  Over 40% of S. Koreans willing to dump Netflix in case of ban on account-sharing: survey SEOUL -- Netflix, an American subscription streaming service and production company, has gained overwhelming popularity in South Korea with greater support from young users. However, many subscribers here are willing to dump it if the world's biggest over-the-top service bans users from sharing accounts with their family members and friends. South Korea has some 42.8 million over-the-top (OTT) paid subscription users as of September 2022. Netflix is the top player with some 12 m 2022-11-24
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  SK on partners with EV charger manufacturer to create battery diagnosis service SEOUL -- SK on, the battery-making wing of South Korea's SK Group, teamed up with a sister company to develop a battery diagnosis service that would allow customers to diagnose the remaining life of batteries and the level of charging without any separate procedures while charging electric vehicles. The management of EV batteries has become crucial to keep cars in top condition. If batteries are poorly managed, they could combust to cause a fire that is really hard to put out. S 2022-11-24
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  Samsung shipyard's autonomous sailing system proves superior performance in test run SEOUL -- A 9,200-ton ship installed with a remote autonomous system developed by Samsung Heavy Industries, a major shipbuilder in South Korea, has completed its clean and trouble-free test run on a coastal sea route covering about 950 kilometers (590 miles) for four days to prove the superior performance of avoiding collision with obstacles on a long voyage. In its test run that began on November 15 in waster off the southwestern port city of Mokpo, Samsung Heavy Industries (SHI) sa 2022-11-24
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  Aekyung Chemical jumps into bioplastic industry through ties with state research body SEOUL -- Aekyung Chemical, a chemical company in South Korea, jumped into the bioplastic market in cooperation with a state research body, focusing capabilities on developing and upgrading bioplastic material technologies. The company is a newcomer in the country's bioplastic industry which has seen a rapidly growing demand due to tightening regulations. Under a memorandum of understanding signed on November 24, Aekyung Chemical said it would develop various reactant manufacturi 2022-11-24
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  Dog personality test 'DBTI' gains popularity among pet owners in S. Korea SEOUL -- A dog personality analysis and training platform created by South Korea's mobile carrier LG Uplus is garnering popularity among pet owners. More than 100,000 dogs are registered on the platform which provides personalized training programs depending on the animal's personality. The platform called "For Dong" provides Dog Behavior Type Indicator (DBTI), a psychology test that classifies dogs' personalities into 16 different types. The test with 60 ques 2022-11-24
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  Hanwha Q Cells joins EU project to test produce perovskite silicon tandem cells SEOUL -- Hanwha Q Cells, the solar cell-making wing of South Korea's Hanwha Group, joined a European Union project to test produce perovskite silicon tandem solar cells. The goal is to develop technologies for the mass production of high-efficiency tandem cells for four years by 2026 and develop equipment, processes, and materials that manufacture tandem cell-based modules. With an EU fund of 15 million euros ($15.6 million), the tandem cell test production line will be built 2022-11-24
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  SK Inc. expands investment portfolio for sustainable food, strengthens partnership with foreign firms SEOUL -- In an effort to expand its investment portfolio for sustainable food, a promising next-generation food sector, SK Inc., the strategic investment arm of SK Group, has invested $7 million in Wildtype, a U.S.-based producer of salmon cultivated from cells. Meatless Farm, a Dutch sustainable food company funded by SK Inc. has secured $7 million from a venture capital firm based in Seoul. Wildtype produces cultivated salmon, which stands apart from other seafood alternatives wit 2022-11-24
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  Firefighters test various tactics against EV battery fire through simulated drill SEOUL -- To educate and train firefighters to become better at battling electric vehicle battery fires, emergency headquarters in the southern resort island of Jeju carried out a simulated drill for the test of various fire-snuffing techniques for lithium-ion batteries. Two Hyundai Genesis EVs were immolated to simulate the EV fire. Jeju with a population of about 634,200 has the country's highest ratio of registered EVs of 28,790 as of November 2022. Many Jeju EVs are rental c 2022-11-23