Latest news
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Kia to verify vehicle-to-vehicle charging technology for electric vehicles
SEOUL -- Kia, affiliated with South Korea's Hyundai auto group, joined forces with domestic electric vehicle (EV) charging service provider TBU to verify vehicle-to-vehicle (V2V) charging technology that enables a driver charge an EV's battery by connecting to another EV using a cable. The technique can be used for the development of mobile EV charging services. The EV charging platform startup company was approved by South Korea's industry ministry to launch a mobile
November 21, 2022 -
Cha Vaccine Institute partners with AI medical lab to start developing vaccine candidate materials
SEOUL -- Cha Vaccine Institute, a vaccine specialist affiliated with South Korea's Cha Biotech, partnered with the MOGAM Institute for Biomedical Research to use artificial intelligence technology to find and develop new drug candidate materials for various vaccines. AI is now used in various sectors to speed up research processes and reduce manpower costs. In the field of medicine and vaccines, the smart computing system will use its deep learning abilities to analyze, categ
November 21, 2022 -
Doosan Fuel Cell ties up with China's ZKRG to establish hydrogen fuel cell joint venture
SEOUL -- Doosan Fuel Cell, the clean energy wing of South Korea's Doosan Group, tied up with its Chinese partner, ZKRG Smart Energy Technology, to export 105-megawatt hydrogen fuel cells for power generation by establishing a joint venture. 50MW will be exported in the form of finished products by 2024 and 55MW in the form of parts by 2026. Doosan Fuel Cell and ZKRG will cooperate in marketing and discovering business opportunities in China. In September 2021, ZKRG supplied Doos
November 21, 2022 -
SK Telecom and NTT establish strategic ties in metaverse, media and telecom infrastructure
SEOUL -- Top mobile operations in South Korea and Japan established a strategic alliance to promote close cooperation and seek synergy in metaverse, media and telecommunications infrastructure businesses. They will promote strategic investment and cooperation in the production and distribution of content targeting the global media market. Under a memorandum of understanding signed on November 21, SK Telecom (SKT) and NTT Docomo would cooperate in content, technology, and service to
November 21, 2022 -
Amore collaborates with popular rappers to attract young male consumers
SEOUL -- Targeting a growing male cosmetics market, South Korea's leading beauty product maker Amore Pacific has collaborated with popular rappers to launch a campaign that encourages young male consumers to express themselves using various beauty products. Old generations watch young men using foundation products and BB creams with curious eyes, some seeing MZ generations as unmanly, but more young men adorn themselves. CJ Olive Young, the operator of South Korea's largest
November 21, 2022 -
Busan to distribute shoes containing family contact information for dementia patients
SEOUL -- To efficiently identify dementia patients lost in the streets, South Korea's southern port city of Busan will provide shoes equipped with a tag containing patients' family contact information through collaboration with Treksta, a domestic apparel brand known for hiking shoes. Busan with a population of some 3.4 million is a super-aging society with an estimated number of 66,492 dementia patients in 2022. Dementia is a progressive disorder that causes brain cells to
November 21, 2022 -
ADD partners with technology finance support institution to help defense technology companies
SEOUL -- South Korea's defense technology development agency has partnered with a state-operated credit guarantee finance support institute to help technology companies suffering from heavy interest burdens due to global interest rate hikes. The Korea Technology Finance Corporation (KOTEC) is a finance support institute that evaluates the value of technology owned by an individual person or small and medium-sized companies (SMEs) based on a credit guarantee system. When its eva
November 18, 2022 -
New missile test demonstrates considerable progress in Pyongyang's ICBM capabilities
SEOUL -- With its new test launch that delivered more significant political messages than ever to Washington and its allies, North Korea appeared to have achieved considerable progress in its defiant push for the development of intercontinental ballistic missiles capable of attacking any targets in the United States with a large payload. An intercontinental ballistic missile (ICBM), launched from a military base near Pyongyang at 10:15 a.m. (0115 GMT) on November 18, flew to an alti
November 18, 2022 -
[COLUMN] More than the ability to fight their opponents, we need competence from lawmakers
SEOUL -- When the President’s chief of staff was questioned last week at a National Assembly meeting about the Itaewon tragedy, lawmakers wanted to know why President Yoon Seok-yeol hadn’t fired anyone yet. Why hadn’t he kicked out any Cabinet ministers, they asked. And what about police? You can’t have police chiefs investigating themselv
November 18, 2022 -
[INTERVIEW] Aqualex aims to expand overseas sales with functional dermacosmetics
SEOUL -- The utilization of organic components in dermacosmetics with high-quality and efficient skin remedies is projected to create new commercial opportunities. With functional dermacosmetic products containing harmless natural ingredients, Aqualex, a beauty product company in South Korea, aims to actively expand overseas sales, especially in Southeast Asia and the United States, citing a growing demand for dermacosmetics. "There is a growing demand for Korean cosmetics in
November 18, 2022
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Global tech firms to present smart manufacturing solutions at 'Smart Factory + Automation World' in Seoul
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Occult thriller film 'Exhuma' attracts more than 10 mln moviegoers in 35 days of release
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Education company Visang provides smart Korean language learning platform 'Klass' to Vietnamese universities
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LS Cable embarks on construction of plant for new copper foil material
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Seoul's bus labor union launches strike for first time in 12 years
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Turkish automotive association seeks partnership with S. Korean companies
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US political turmoil reflects our wider society – in 2024 and earlier elections
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S. Korean mobility solution company targets historical city as gateway to Viet Nam
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Life expectancy in South Korea decreases for first time since 2000
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Avikus validates fuel-saving effect of self-sailing solution 'HiNAS Control'