Latest News

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  Hyundai Rotem selected for demonstration of liquefied hydrogen charging station SEOUL -- Hyundai Rotem, a subsidiary of South Korea's Hyundai auto group, has been selected for a provincial government project to demonstrate a liquefied hydrogen charging station. This is the first time to demonstrate a liquefied hydrogen charging station with domestic technology. Under a deal with Gangwon Technopark, the operator of science and technology centers in the province of Gangwon, Hyundai Rotem would lead the demonstration of a liquefied hydrogen charging station w 2022-04-22
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  Seoul to popularize reusable containers through partnership with major food delivery operators SEOUL -- In an effort to reduce plastic waste generated by disposable delivery food containers, Seoul will accelerate the adoption of reusable food containers by expanding service areas. Through a four-month pilot project involving some 100 popular restaurants that began in a southern district in October 2021, the capital city found that the rate of consumers choosing reusable dishes over disposable containers has increased by 30 percent every week. According to data released by th 2022-04-22
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  Kakao Games invests $15 million in Playable Worlds to boost game-developing capabilities SEOUL -- In an effort to boost game-developing capabilities and expand its influence abroad, the game publishing wing of South Korea's web service giant Kakao has invested $15 million in Playable Worlds, an American company that creates cloud-native online games. The strategic investment was made through the European branch of Kakao Games to develop differentiated cloud-native games and metaverse platforms. Cloud-native games use the cloud to process certain parts of the game, 2022-04-21
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  Seoul's civil complaint call center to upgrade AI-based civil complaint service SEOUL -- Seoul's civil complaint call center will upgrade its artificial intelligence-based customer service to take care of waves of inquiries. Chatbots and voicebots will carry out simple and repetitive tasks so that human assistants can focus on complicated inquiries. AI-based customer services are used in various sectors due to their efficiency. Chatbots communicate with customers through text conversations and voicebots are specialized in verbal conversations. Customers 2022-04-21
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  Researchers develop empathetic haptic skin capable of detecting complicated touch motions SEOUL -- Inspired by a thin and elastic polymeric food wrap product, South Korean researchers have developed an empathetic haptic skin that can detect complicated touch motions such as fondling, stroking, pinching, and twisting to emotionally interact with human counterparts. The artificial skin can be used for the creation of care or pet robots. Various types of haptic sensors are being developed globally. Sensors capable of detecting pressure and movements are normally produced i 2022-04-21
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  LG's lighting system wing ZKW provides smart digital lighting to Range Rover SEOUL -- Jaguar Land Rover's new "Range Rover" sports utility vehicle will be installed with smart headlights from ZKW Group, an Austrian automotive lighting system producer affiliated with South Korea's LG Electronics. ZKW's light-emitting diode (LED) headlights produce glare-free high beams that automatically block out oncoming or other road users. The smart digital lighting automatically produces glare-free high beams, detects the width of the road, and illu 2022-04-21
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  Researchers develop high-energy hybrid lithium-ion battery capable of charging at lightning speed SEOUL -- South Korean researchers have developed a high-energy, high-output hybrid lithium-ion battery that can be charged at a lightning speed. The super-fast-charging battery can be utilized in many fields including electric vehicles, drones, and other smart devices. Lithium-ion batteries are one of the most used in the world. Lithium-based batteries are lighter and smaller in size compared to other battery types, contributing to the miniaturization of portable devices including 2022-04-21
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  Daewoong applies for state approval to use Nabota botox for masseteric hypertrophy SEOUL -- Daewoong Pharmaceutical, a bioengineering company in South Korea, has applied for state approval to use Nabota, a botulinum toxin product developed for the treatment of frown lines, as the treatment of benign masseteric hypertrophy (square jaw) based on the positive results of a final clinical study. Benign masseteric hypertrophy is a relatively uncommon condition that can occur unilaterally or bilaterally. Unilateral- or bilateral hypertrophy of the masseter muscle is c 2022-04-21
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  LG Uplus launches commercial service of quantum-resistant cryptography SEOUL -- LG Uplus has launched South Korea's first commercial service of quantum-resistant cryptography that can defend against hacking attacks on quantum computers. The mobile carrier would discover customized application services for each customer group and expand them to various fields. LG Uplus (LGU+), a mobile carrier in South Korea, said it would apply quantum-resistant cryptography technology to wired and wireless communication through technology advancement. As diffe 2022-04-21
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  CHA biotech to develop digital healthcare platform for foreign patients SEOUL -- CHA Biotech, a biopharmaceutical company with South Korea's largest pipeline of stem cell therapies, was selected by a state healthcare institute to develop a digital healthcare platform for foreign patients visiting Seoul and other major cities for medical treatment purposes. The platform will help medical staff manage the conditions of patients who cannot visit South Korea because of a coronavirus pandemic. Through a revised medical law in 2009, South Korean medical 2022-04-21
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  GI Innovation confident over stock market debut as promising bio-venture unicorn SEOUL -- As a promising unicorn in South Korea's bio-venture industry, GI Innovation aims to become a global player based on proven technologies through its successful stock market debut in the second half of 2022. The company showed confidence, citing its successful record of attracting investments from major domestic and foreign investors. GI Innovation has submitted a preliminary application for its initial public offering (IPO) on South Korea's second stock market, KOSDA 2022-04-21
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  Researchers develop hair-thin fiber OLED capable of emitting white light SEOUL -- South Korean researchers have developed a fiber organic light-emitting diode that is capable of emitting white light. The fiber that is thinner than a strand of hair can be used in various sectors including fashion, medical, safety, and flexible display. Normally, white organic light-emitting diodes (OLEDs), also known as WOLEDs, emit white light through color filters of red, green, and blue (RGB) in a similar way to that of liquid crystal displays (LCDs). Direct emissio 2022-04-21
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  KT restores voices of Lou Gehrig's disease patients with artificial intelligence SEOUL -- KT, a major major telecom company in South Korea, has restored the voices of eight patients with Lou Gehrig's disease using artificial intelligence-based speech synthesis technology. Patients can communicate with their friends and family members using a smartphone app that converts written text into their voices within a second. Lou Gehrig's disease, also known as amyotrophic lateral sclerosis (ALS), is a neurodegenerative disease that damages nerve cells in the br 2022-04-20
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  LG Household & Health Care acquires 65% stake in LA-based brand Creme Shop SEOUL -- LG Household & Health Care, a major consumer goods company in South Korea, has acquired a controlling 65 percent stake worth $120 million in the Creme Shop, a Los Angeles-based brand that manufactures cosmetics and beauty products. LG Household said the deal is aimed at strengthening competitiveness in its cosmetics business in North America. The South Korean company signed a call option to purchase the remaining 35 percent stake five years later. Creme Shop is seen 2022-04-20
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  S. Korea's only state seed vault to be guarded with LG Uplus smart radar service SEOUL -- In order to respond to the climate crisis and help preserve biodiversity, LG Uplus will donate an artificial-intelligence-based smart radar service to South Korea's only seed vault run by a state arboretum that opened in 2018 in a mountainous area to store seeds donated by institutions from all over the world. The seed vault in the National Baekdudaegan Arboretum in Bonghwa, about 150 kilometers (93 miles) southeast of Seoul is an underground facility with a triple iron 2022-04-20
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  LG-Magna joint venture breaks ground for first factory in Mexico SEOUL -- A joint venture between Canada's mobility technology company Magna International and its South Korean partner, LG Electronics, will build a plant in Mexico to produce parts such as inverters, motors, and on-board chargers for General Motors' electric vehicles. Construction of the plant to be run by LG Magna e-Powertrain began in a ceremony in Ramos Arizpe, Mexico, for completion in 2023. The plant will be the joint venture's first production base in North Americ 2022-04-20
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  SK ecoplant works with domestic firms to produce GFRP rebars using recycled PET bottles SEOUL -- SK ecoplant, affiliated with South Korea's conglomerate SK Group, joined hands with two domestic companies to produce glass fiber reinforced plastics (GFRP) rebars using recycled polyethylene terephthalate (PET) bottles. Their joint plant will secure price competitiveness through the automation of all processes. GFRP was used as an alternative material to the reinforcement bar (rebar), a steel bar or mesh of steel wires used as a tension device in reinforced concrete an 2022-04-20
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  Hyundai shipbuilding group's holding company test operates passenger ship in virtual space SEOUL -- Korea Shipbuilding & Offshore Engineering, the holding company of Hyundai shipbuilding group, test operated autonomous passenger ships in a virtual space using digital twin technology. Various functions such as high-speed sailing and docking were demonstrated using the virtual clone of an actual ship that is currently being built. A digital twin is a virtual clone of an object or an infrastructure. Digital twins are frequently used as testing grounds for new technologi 2022-04-19
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  CJ OnStyle to resume selling overseas travel products in two years through live commerce SEOUL -- CJ OnStyle, the online commerce wing of South Korea's entertainment and media giant CJ ENM, will resume sales of overseas travel package products through a live commerce service. South Korean travel companies have stopped selling travel packages to overseas locations since 2020 when the government strictly regulated travelers due to a coronavirus pandemic. Live commerce is a home shopping-like online service that uses mobile shopping platforms or social media for live 2022-04-19
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  Dongwon Systems starts mass production of metal cans for 21700-type cylindrical batteries SEOUL -- Dongwon Systems, the packaging solution developer wing of South Korea's Dongwon Group, has started the mass production of metal can-shaped casings for 21700-type batteries that have about 30 percent more capacity than 18650-type high-performance batteries. While ordinary prismatic lithium-ion batteries are packaged inside flexible and soft polymer casings, cylindrical batteries are encased inside metal cans. The tube-shaped batteries have a smaller energy capacity than 2022-04-19