Latest news
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SK geo centric partners with Canada's Loop Industries to build plastic recycling factory
SEOUL -- Through a joint venture with Canadian plastic technology company Loop Industries, SK geo centric, a chemical company affiliated with South Korea's SK Group, will build a plastic recycling factory in South Korea's southern industrial city of Ulsan. The joint venture will establish the plant capable of recycling 70,000 tons of plastic every year using the Canadian firm’s depolymerization technology. Depolymerization is a process that decomposes the polymerizati
May 3, 2023 -
S. Korea to set new standards and guidelines on copyrights of AI-generated content
SEOUL -- In an effort to minimize public confusion and disputes over intellectual property rights of artificial intelligence-generated content, the South Korean government will set new standards and guidelines on content generated based on machine-learned data by September 2023. The government's action was taken swiftly after President Yoon Suk-yeol urged related administrative bodies to come up with new guidelines and orders that will be ideal for the future digital age. Thank
May 3, 2023 -
Girl band NewJeans listed on 100 most influential Asians in US
SEOUL -- K-pop girl band NewJeans was included in the list of 100 most influential Asians in the United States by Gold House, a nonprofit organization that supports Asian and Pacific artists and creators. The five-member band that captivated global fans through dance songs such as Attention, Ditto, and OMG was listed along with American fashion designer Anna Sui and Shohei Ohtani, a Japanese baseball pitcher. "Just like a pair of jeans that has been a staple of every wardrobe
May 2, 2023 -
Seoul launches virtual pet service through metaverse world
SEOUL -- Seoul has created a metaverse world where users can adopt pets and raise them in the virtual space. Using an avatar, anyone can choose one animal among 10 different kinds including a dog, a cat, a rabbit, and a lizard. Users can receive points after completing training missions and purchase various items such as headbands and shoes. Metaverse enables humans to engage in different social, cultural, and economic activities in simulated virtual spaces. The virtual world, whic
May 2, 2023 -
Japanese Prime Minister to visit Seoul for summit meeting on May 7
SEOUL -- Japanese Prime Minister Fumio Kishida will be in Seoul for two days for a summit meeting with South Korean President Yoon Suk-yeol on May 7, the presidential office said. Kishida will be the first prime minister to visit South Korea since Yoshihiko Noda, a former Japanese prime Minister who visited Seoul in October 2011. According to the presidential office on May 2, Kishida will visit Seoul with his wife Yuko Kishida for two days starting May 7. Yoon and Kishida will disc
May 2, 2023 -
Kakao Talk adopts AI solution capable of providing nutritional information based on food pictures
SEOUL -- South Korea's favorite smartphone messenger app Kakao Talk has adopted an artificial intelligence-based solution capable of providing nutritional information based on pictures of food. The solution called "FoodLens" also suggests various types of recipes depending on dietary goals and eating habits. To add the dietary management function to Kakao Talk, domestic AI startup Upstage has worked with Doing Lab, an AI healthcare startup that developed FoodLens. If a
May 1, 2023 -
S. Korea's exports in April 2023 declines 14.2% year-on-year
SEOUL -- South Korea's total exports have declined for seven consecutive months while domestic firms suffer from a steep fall in exports of semiconductors. The country has also experienced a trade deficit for 14 months since March 2022. Data released by South Korea's trade ministry showed said that exports this month were tallied at $49.62 billion, down 14.2 percent from the same period in 2022. Exports of semiconductors plunged 41 percent and information technology-related
May 1, 2023 -
Vietnamese envoy participates in lecture designed to encourage interpreter trainees in S. Korea
SEOUL -- At a lecture designed to encourage interpretation school students, Vietnamese Ambassador to South Korea Nguyen Vu Tung lectured that trust between humans plays a key role in interpretation even in an era in which translator devices are gaining popularity. The ambassador interacted with students majoring in Korean-Vietnamese at a graduate school in eastern Seoul. "The ambassador told students that demands for talented human interpreters will be still high as artificia
April 28, 2023 -
President Yoon pledges S. Korea would play role of 'compass for freedom' at US Congress
SEOUL -- President Yoon Suk-yeol has told members of the U.S. Congress that South Korea would play the role of "compass for freedom" along with the United States. The statement was made during a joint meeting of the U.S. Congress designed to commemorate the 70th anniversary of the two nations' alliance in Washington, DC. The keyword of Yoon's speech on April 27 was "freedom," which was mentioned a total of 45 times. Yoon said during the speech: "T
April 28, 2023 -
LG Electronics shows off good performances in home appliances and electric parts to record earnings surprise
SEOUL -- LG Electronics has recorded an earnings surprise in the first quarter of 2023, thanks to good performances in the home appliances and electric parts sectors, the company said during an earnings call. This is the first time LG Electronics' quarterly operating profit overtook Samsung Electronics' since 2009 when South Korea adopted the International Financial Reporting Standards (IFRS). The South Korean electronics maker, well known for its refrigerators and televisi
April 28, 2023
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Video streaming services in Korea sharply raise subscription fees
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Korea launches first nanosatellite in New Zealand
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Pinkfong creates Baby Shark-themed musicals to captivate global fans
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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. Korean 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