Latest news
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LIG Nex1 ties up with Finland's ICEYE to cooperate in satellite business
SEOUL -- LIG Nex1, a defense contractor in South Korea, tied up with ICEYE, a Finnish microsatellite manufacturer, to push for cooperation in satellite business in the emerging commercial space industry. Under a memorandum of understanding signed at the Farnborough International Airshow, a trade exhibition in England, LIG Nex1 and ICEYE would cooperate in microsatellites, video utilization and services, and the exchange of technology. Through cooperation with ICEYE, LIG Nex1 aim
July 25, 2022 -
Convenience store chain GS25 opens recyclable container-type unmanned store
SEOUL -- For workers at an oil refinery, South Korea's convenience store chain GS25 has used a recyclable container to open an unmanned store where customers choose products and pay for themselves using QR codes and credit cards. Access is controlled through dedicated apps. The unmanned store erected at a GS Caltex factory in the southern port city of Yeosu used a container of about 18 square meters with electricity and lighting facilities to display about 500 kinds of food and
July 25, 2022 -
SK On and Ford to build cathode plant in North America to bolster battery cooperation
SEOUL -- Through joint investment, SK On, a major battery maker in South Korea, and its American partner, Ford, will build a cathode plant in an undecided location in North America to secure a stable supply of core materials for electric vehicle batteries. SK On said it has signed a letter of intent with Ford and EcoPro BM, a leading producer of core materials for batteries in South Korea, for joint investment in the production of a cathode plant. Construction is to begin in the se
July 22, 2022 -
[FOCUS] S. Korea's military proposes early deployment of dome-shaped air defense network
SEOUL -- South Korea's defense ministry proposed the early deployment of a low-altitude missile defense system that intercepts North Korea's long-range artillery shells and cruise missiles sneaking across the tightly guarded inter-Korean border, revealing confidence in the level of technical skills accumulated for decades. An initial military roadmap presented by the Defense Acquisition Program Administration (DAPA), an arms procurement agency, called for the development
July 22, 2022 -
Lotte Chemical and Japan's Itochu agree to secure stable supply of hydrogen and ammonia
SEOUL -- Lotte Chemical, a major chemical company in South Korea, forged a comprehensive business agreement with Itochu Corporation, a trading company in Japan, to secure stability in the supply of hydrogen and ammonia in East Asia. Ammonia is considered an important part of a sustainable hydrogen ecosystem. Under a memorandum of understanding, the two companies agreed to cooperate in ammonia trading, the utilization of ammonia infrastructure, the development of hydrogen and ammonia
July 22, 2022 -
Researchers implement photonic quantum engine driven by super-radiance
SEOUL -- In quantum optics, superradiance is a phenomenon that occurs when a group of N emitters, such as excited atoms, interact with a common light field. The performance of nano and microscale heat engines can be improved with the help of quantum-mechanical phenomena. Heat reservoirs with quantum coherence have been proposed to enhance engine performance, but no physical realizations have been achieved so far. South Korean researchers have implemented a photonic quantum engine
July 22, 2022 -
Researchers propose eco-friendly fusion method to reduce energy in desalination
SEOUL -- Desalination removes salts from water, creating a by-product of toxic brine that can degrade coastal and marine ecosystems unless treated. Brine production and high-energy consumption are the downsides of desalination, and certain compounds like copper and chloride used in pre-treatment can be toxic. The United Nations Environment Program (UNEP) has warned that the disposal of toxic brine is costly and associated with negative environmental impacts. South Korean researc
July 22, 2022 -
Hanhwa Group reveals aggressive strategy to preempt air mobility technologies
SEOUL -- South Korea's Hanhwa Group revealed an aggressive strategy to preoccupy a future air mobility market by forging a series of partnerships with foreign companies with superior technologies in the manufacturing of various flying vehicles that could be used for air taxis and personal air vehicles. The Farnborough International Airshow, a trade exhibition in England, provided a crucial opportunity for Hanwha Group units to forge partnerships with foreign companies such as
July 21, 2022 -
Ground X forms business alliance to expand NFT use in real life
SEOUL -- Ground X, the blockchain service wing of South Korean web service giant Kakao, has established a business alliance to expand the use of n non-fungible tokens (NFTs) in real life such as online and offline communities and stores. Some 50 companies are involved in the NFT alliance called "GRID" which is aimed at establishing a corporate collaboration model in the fields of distribution, entertainment and finance. Ground X pledged full support so that companies can
July 21, 2022 -
Ericsson and SK Telecom commercialize new core network with bare metal cloud-native technology
SEOUL -- Through cooperation with Ericsson, a Swedish networking and telecom company, South Korea's top mobile carrier SK Telecom has commercialized a new core network that can greatly improve the distribution of new applications and the efficiency of traffic processing, securing the foundation for 6G evolution. A core or backbone network connects together different networks to transfer traffic at high speeds. Core networks focus on optimizing the performance and reliability o
July 21, 2022
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Seoul unveils new slogan for iconic landmark 'Dongdaemun Design Plaza'
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VIDEO: Dongdaemun Design Plaza celebrates 10th anniversary
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Korean e-commerce firms vying to lure customers quitting Coupang over fee hike
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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