Latest news
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LS Cable to mass-produce liquid-cooled ultra-fast cables
SEOUL -- LS Cable & System, a major cable maker in South Korea, has localized liquid-cooled ultra-fast cables that can be used for charging electric vehicles. The company improved a method used by European companies to reduce the possibility of failure due to the leakage of coolant. According to South Korea's charging standards, ultra-fast chargers for 400 kilowatts or higher must be liquid-cooled. Their charging speed is twice faster as air-cooled chargers for 50 to 250 kW
July 6, 2022 -
Hyundai Engineering joins state project to develop AI design automation technology
SEOUL -- Hyundai Engineering, a unit of South Korea's Hyundai auto group, will develop artificial intelligence-based design automation technology that automatically recognizes and extracts necessary information in engineering design drawings and documents. A consortium involving Hyundai Engineering and research institutes has been selected for a 33-month state project to develop AI-based design automation technology that would increase efficiency by shortening working hours whil
July 6, 2022 -
Nokia bolsters cooperation with LG Uplus to acquire 6G technologies
SEOUL -- Nokia, a Finnish telecom equipment maker, joined hands with its South Korean partner, LG Uplus, to strengthen cooperation in their research and development related to 5G Advanced and 6G. 5G Advanced is the next evolutionary step in 5G technology and supports advanced applications with enhanced mobility and high reliability. Cooperation covers network structure expansion, frequency expansion, and service space expansion technologies required for 6G networks in which s
July 6, 2022 -
KT bolsters bid to localize GPUs through investment in AI semiconductor fabless company
SEOUL -- South Korea's top telecom company KT bolstered its bid to localize high-performance graphic processing units (GPUs) and establish a mega-sized GPU farm by making a strategic investment worth 30 billion won ($23 million) in Rebellions, a domestic AI semiconductor fabless company. The goal is to reduce South Korea's heavy dependence on imported products. Rebellions has a competitive technology in designing an application-specific integrated circuit (ASIC), which is an
July 6, 2022 -
Taiwan's Cathay Life signs license agreement to adopt Lunit's chest X-ray analysis software
SEOUL -- Cathay Life Insurance, a major life insurance company in Taiwan, signed a licensing agreement with Lunit, a medical artificial intelligence company in South Korea, to adopt a deep learning-based software that helps radiologists or clinicians to better analyze chest X-ray images. The chest X-ray analysis solution called "Lunit INSIGHT CXR" will be used for reviewing users' health conditions when taking out insurance. This is the first time that Lunit's sol
July 6, 2022 -
Hanwha Defense to provide 25 more Barracuda armored vehicles to Indonesian police
SEOUL -- Hanwha Defense, a major defense company affiliated with South Korea's Hanwha Group, will ship 25 more Barracuda armored wheeled vehicles to Indonesian police forces. The Barracuda is a tactical armored vehicle featuring excellent maneuverability and protection for multiple missions such as reconnaissance and internal security. Barracuda vehicles have been operated by police forces in Indonesia and Vietnam, as well as South Korean troops deployed in Iraq for humanitar
July 6, 2022 -
POSCO acquires domestic producer of silicon-based anode materials for batteries
SEOUL -- South Korea's leading steel group POSCO unveiled a new goal to boost the production of key materials for batteries after acquiring a domestic manufacturer of silicon-based anode materials in a deal that would help reduce the group's dependence on Chinese raw materials. POSCO Holdings said it has signed a stock purchase agreement to acquire 100 percent of Tera Technos, a silicon anode startup with a high-temperature liquid production technology with excellent heat
July 5, 2022 -
POSCO ICT to incorporate digital twin technology into smart factories
SEOUL -- POSCO ICT, an IT and engineering wing of South Korea's top steelmaker POSCO, will upgrade its smart factory system by converging digital twin technology to test various technologies in virtual space. After applying the digital twin-based smart factory system to its steel mills, it will be expanded to other production sites. A digital twin is a virtual clone of an object or an infrastructure. Digital twins are frequently used as testing grounds for new technologies or o
July 5, 2022 -
Hanwha Solutions works on development of solar module smart farm model
SEOUL -- Hanwha Solutions, a chemical and energy company affiliated with South Korea's Hanwha Group, will work with a national cooperative federation to develop future agricultural technologies that combine renewable energy and smart farms. At a groundbreaking ceremony in Yangpyeong, about 30 kilometers (18 miles) east of Seoul, on July 5, Hanwha Solutions signed a business agreement with the National Agricultural Cooperative Federation (NACF) to spread low-carbon smart agricul
July 5, 2022 -
New energy roadmap sounds death knell of 'nuclear-exit' policy in S. Korea
SEOUL -- South Korea's broad new energy roadmap was unveiled to jack up the ratio of electricity generated by nuclear power plants in South Korea's energy mix to more than 30 percent by 2030, tolling the death knell for a "nuclear-exit" policy adopted by the previous liberal government to achieve net-zero carbon dioxide emissions by 2050. The new energy roadmap endorsed at a cabinet meeting on July 5 highlighted internal and external uncertainties such as the Russ
July 5, 2022
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Commemorative event explores Tagore's legacy in Korea
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VISUALS: Indian philosopher Tagore's 163rd birth anniversary celebrated on Nami Island
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John Y. Lee, Korean War hero who interpreted for MacArthur, dies at 95
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'We support BTS, not HYBE'
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Hanwha Robotics, B-Robotics join hands on restaurant automation project
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BTS agency launches global audition for new boy band
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Spike in juvenile gambling raises concerns in Korea
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Harmful substances found in toys sold on Chinese e-commerce platforms
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Hyundai Rotem selected as preferred bidder for armored vehicle contract with Peru
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Korea to launch international webtoon festival in September