Latest news
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Hyundai shipbuilding group works with classification society for early commercialization of self-sailing technology
SEOUL -- With the purpose of preoccupying the market, South Korea's Hyundai shipbuilding group will work with a domestic maritime classification society to advance the commercialization of an autonomous navigation system developed by the group's in-house venture, Avikus, which has tested its technology using a giant natural gas carrier for a transoceanic voyage. Korean Register (KR) said that it has signed a joint development agreement with Hyundai Heavy Industries, Avikus
September 5, 2022 -
[COLUMN] What can we learn from the Lone Star case?
PROFILE Michael Breen is the CEO of Insight Communications which advises companies on managing PR crises and on local and international PR issues. A former foreign correspondent, he is the author of four books on Korea, most recently The New Koreans. SEOUL -- After a 10-year international arbitration case, the Korean government has been found guilty of unlawf
September 5, 2022 -
BLACKPINK's new song 'Pink Venom' excluded from domestic music chart for citing name of French luxury brand
SEOUL -- Pink Venom, K-pop girl band BLACKPINK's global hit song that entered the Billboard Hot 100 chart, was excluded from the chart of Music Bank, a famous TV music show in South Korea for mentioning Celine, a French ready-to-wear and leather luxury goods brand, in lyrics. Lisa, a Thai member of BLACKPINK, has been Celine's global ambassador. Pink Venom, which incorporated various genres including hip-hop and electronic dance music (EDM), has gained worldwide popularity s
September 5, 2022 -
Daewoo shipyard applies new technologies to deliver eco-friendly shuttle tankers in time
SEOUL -- Daewoo Shipbuilding & Marine Engineering has delivered two eco-friendly shuttle tankers to its Norwegian client by applying new technologies that helped the shipbuilder secure enough time to complete the construction of expensive ships in time. The ships are installed with a dual propulsion system capable of using liquefied natural gas (LNG) and liquefied petroleum gas (LPG) as fuel. In February 2020, Daewoo Shipbuilding & Marine Engineering (DSME) secured an order
September 5, 2022 -
POSCO International solves bottleneck in grain shipment from Ukraine
SEOUL -- With the departure of a grain ship carrying some 61,000 tons of corn for animal feed, POSCO International, a trading arm of South Korea's steel group, has solved a bottleneck in the shipment of grain from Ukraine, one of the world's key breadbaskets. Grain produced in Ukraine has piled up in silos due to Russia's blockade of Ukraine ports that sent global food prices soaring. Grain ships were able to leave Ukrainian ports under a plan brokered by the UN and Tur
September 5, 2022 -
LG Electronics launches NFT platform in U.S., starting with Barry X Ball's digital artwork
SEOUL -- LG Electronics has launched a non-fungible token (NFT) platform called "LG Art Lab" in the United States. Users can buy, sell and enjoy high-quality digital artwork displayed on LG TVs, starting with a digital artwork from American sculptor Barry X Ball who reinterprets classical and modernist sculptures using 3D scanning and printing technologies, as well as traditional techniques. Once purchased, NFTs can be traded on a marketplace, where users can easily view
September 5, 2022 -
KT lowers price of AI call assistant service to gain more users
SEOUL -- South Korea's top telecom company KT lowered the price of its artificial intelligence-based call assistant service by a quarter while maintaining core functions to gain more users. The operators of one-man stores and small-sized companies can effectively manage reservations and other customer-related inquiries. Unlike an automatic response system (ARS) which allows callers to access information through a response system of pre-recorded messages, the AI call assistant s
September 5, 2022 -
Three SK Group units work with Petronas subsidiary to cooperate in clean energy business
SEOUL -- South Korea's SK Group joined hands with Malaysia's state oil and gas company Petronas to cooperate in clean energy businesses through their subsidiaries and discover joint business projects in the fields of hydrogen, fuel cells, and electric vehicle charging. The group hopes to create synergy by combining its technologies and capabilities with Petronas' production and distribution infrastructure. A memorandum of understanding has been signed between Gentari, a
September 5, 2022 -
Military program endorsed to improve performance of AH-64E Gurdian attack helicopters
SEOUL -- South Korea's military endorsed a program to spend some 400 billion won ($293 million) on improving the performance of AH-64E Guardian attack helicopters in operation with tactical data links and fire control radars by 2027. The program is aimed at producing the same performance as the latest version run by U.S. troops based in South Korea. The proposed performance improvement of Boeing's AH-64 Apache, a twin-turboshaft attack helicopter purchased by South Korea
September 2, 2022 -
Naver Cloud unveils metaverse construction and operation solution called 'Metapod'
SEOUL -- Naver Cloud, a cloud computing service wing of South Korea's top web portal operator and IT company, unveiled a metaverse construction and operation solution called "Metapod" that provides end-to-end management to customers who want to build a network of 3D virtual worlds focused on social connection. Metapod was characterized as a specialized solution for customers who want to hold short-term events on the metaverse, which is a collective virtual shared spa
September 2, 2022
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Shadow war no more: Hostilities between Israel and Iran have strayed into direct warfare – is there any going back?
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Families migrating to Seoul surge in 2023 due to high academic fervor
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S. Korean food giant CJ CheilJedang starts kimchi production in Australia
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LG Energy Solution will use generative AI to boost work performance
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Iran's unprecedented attack on Israel was a strategic miscalculation. Can all-out war now be averted?
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Russian envoy stresses mutual interest between S. Korean, Russian youths
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Russian envoy stresses mutual interest between S. Korean, Russian youths
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Israel accused of using AI to target thousands in Gaza, as killer algorithms outpace international law
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HD Hyundai partners with US AI developer to build military unmanned vessels
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TXT's 'Minisode 3 : TOMORROW' album ranks third on Billboard chart