Latest news
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Convenience store franchise GS25 reduces 522 tons of CO2 through on-foot delivery service
SEOUL -- GS25, a South Korean convenience store franchise, has reduced carbon dioxide emissions by about 522 tons since the company rolled out an on-foot delivery service two years ago. Anyone aged more than 18 years old can participate as deliverymen to carry small-sized packages including groceries to homes within a radius of 1.5 kilometers (0.9 miles) from a store for a fee of up to 3,200 won ($2.38). According to data released by the national statistical office, online transact
August 29, 2022 -
Popular food delivery service Baedal Minjok to test-use reusable food containers
SEOUL -- South Korea's top food delivery service Baedal Minjok will test-use reusable food containers in Gangnam District, Seoul's heart of finance and fashion, as part of the capital city's project to reduce the use of disposable containers. Seoul said about 54 million disposable containers were used for delivery per month in 2021. Data released by the Korea Consumer Agency on February 2022 showed that an average consumer who often eats delivered food generates about 1
August 29, 2022 -
POSCO Holdings builds recycling plant for secondary batteries in Poland
SEOUL -- South Korea's leading steel group POSCO has completed the construction of a battery recycling plant in Poland to meet growing global demands for rechargeable battery recycling materials. The factory will produce scrap materials, also known as the black mass, by pulverizing discarded batteries and scraps collected in Europe. Secondary batteries, also known as rechargeable batteries including lithium-ion batteries, have become a key industry that would shape the future o
August 26, 2022 -
[FOCUS] S. Korea's nuclear power industry regards Russia-Ukraine war as rare opportunity to bounce back from path of decline
SEOUL -- South Korea's nuclear power industry regards a war between Russia and Ukraine as a rare opportunity to bounce back from the path of decline, buoyed by a crucial deal to join the construction of Egypt's first nuclear power plant at the hands of a Russian state company without being bounded by U.S.-led international sanctions. The paradoxical twist was cautiously put forward by policymakers when Korea Hydro & Nuclear Power (KHNP), the operator of 24 nuclear pow
August 26, 2022 -
LG's gamining monitor using curved OLED display set to debut at IFA 2022
SEOUL -- At an industrial exhibition in Germany in early September, LG Electronics will unveil its new premium gaming monitor using a curved organic light-emitting diode display, which is designed for immersive gaming experiences and features serious gamers' demand. The new UltraGear OLED gaming monitor, 45GR95QE, with a 240Hz refresh rate will be showcased at IFA 2022 to be held in Berlin on September 2-6. It is LG's first display to combine a 45-inch screen size with
August 26, 2022 -
LG Innotek talks with Tesla on potential deal to supply camera modules
SEOUL -- LG Innotek, the electrical component wing of South Korea's LG Group, is talking with Tesla on a potential deal to supply camera modules for electric vehicles. Details were not given, but the module maker has been registered as a supplier of parts for Tesla vehicles. In a regulatory filing on August 25 to respond to a new report that Tesla would receive LG Innotek's camera modules worth one trillion won ($751 million), the South Korean company said that discussion
August 26, 2022 -
Binance partners with provincial city to establish digital asset exchange
SEOUL -- Binance, the world's largest cryptocurrency exchange, joined forces with South Korea's southern port city of Busan to build a digital asset exchange and carry out various blockchain-related projects in a demonstration zone. Binance will provide technical expertise and infrastructure while Busan will focus on administrative support. As of July 2022, a total of 395 cryptocurrencies were listed by Binance. In collaboration with South Korean entertainment powerhouses,
August 26, 2022 -
Samsung releases eco-friendly protoype toilet for global social contribution initiative
SEOUL -- Samsung researchers regard an eco-friendly toilet developed for a global social contribution initiative as "potentially life-changing" for billions of people who lack safe sanitation, especially those living in crowded urban areas in regions that are flood-prone, or where land, water, and resources for infrastructure are scarce. It is efficient for mass production and can promote sustainable and profitable sanitation services and businesses in poor urban setting
August 26, 2022 -
Artists use avatars to perform and compete in anonymous virtual survival program
SEOUL -- South Korean artists will compete in a virtual survival music program called "Avatar Singer" using their virtual characters. In the survival program that incorporates augmented reality and metaverse, a total of 10 teams will showcase performances and reveal their identity if they lose. The survival show hosted by MBN, a domestic TV channel, will air its first episode at 10:26 p.m. (1326 GMT) on August 26. Avatars, which have not been chosen by judges, will be e
August 25, 2022 -
Lotte works with U.S. startup Syzygy and Japan's Sumitomo for world's first joint demonstration of ammonia photolysis technology
SEOUL -- For the world's first joint demonstration of ammonia photolysis technology, U.S. startup Syzygy Plasmonics joined hands with South Korea's Lotte Group and Japan's Sumitomo Corporation. They will demonstrate the technology for producing green hydrogen for gas turbine power generation and high-purity hydrogen for fuel cells and hydrogen charging stations. Ammonia is considered an important part of a sustainable hydrogen ecosystem. An ammonia photolysis facility
August 25, 2022
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N. Korean leader inspects test-firing of new multiple rocket launcher shell
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Korean football team fails to qualify for Olympics for first time in 40 years
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Seoul aims to revitalize Han River into leisure, tourism hub
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Education startup Mathpresso makes TIME's top edutech company list
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Vietnamese schools adopt AI-based Korean learning platform
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VISUALS: Premier electric vehicle fair underway in Seoul
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HYBE takes legal action against NewJeans agency CEO amid management control feud
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Korea reports world's first demonstration of integrated operation of urban air mobility systems
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SNU professor to spearhead Korea's inaugural space agency
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HD Hyundai establishes new headquarters for marine energy businesses