Latest news
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LG Uplus teams up with ICTK Holdings to develop hacking prevention technology for intelligent CCTVs
SEOUL -- South Korea’s mobile carrier LG Uplus has developed a solution capable of thwarting an hacking attack on intelligent closed-circuit television cameras. The solution will be applied first to intelligent CCTVs used by small business owners. Intelligent CCTVs analyze various images to distinguish physical appearances or detect emergencies. However, video images containing sensitive personal information can be leaked through hacking. In cooperation with ICTK Holdings,
June 23, 2022 -
Hyundai Mobis unveils smart cabin controller to monitor and analyze biometric signals in real time for safe driving
SEOUL -- Hyundai Mobis, the parts-making unit of South Korea's Hyundai auto group, unveiled a smart cabin controller that can monitor and analyze various biometric signals such as driver's posture, heart rate, and brain wave in real time to ensure safe driving or prevent drunk and drowsy driving. The system consists of four sensors, a controller that analyzes bio-signal information, and software logic. This is the world's first healthcare-only controller that can integra
June 23, 2022 -
Ariane rocket carries satellite into space for S. Korea's accurate location information service
SEOUL -- South Korea took an important step to provide accurate location information services with the successful launch of a rocket carrying the first satellite for its independent satellite-based augmentation system (SBAS) that can correct GPS errors in real-time. European heavy-lift space launch vehicle Ariane carrying the satellite blasted off at a space center in French Guiana. South Korea has leased Malaysia's MEASAT-3d communication satellite for its satellite-based augme
June 23, 2022 -
[INTERVIEW] SK Telecom aims to secure sizable share in cloud groupware and ERP market
SEOUL -- Capitalizing on a government campaign to accelerate industry-wide digital transformation, SK Telecom aims to secure a sizable share in South Korea's cloud groupware and enterprise resource planning markets with a differentiated service that incorporates artificial intelligence to attract mid-sized companies seeking to introduce efficient corporate management. Groupware is application software designed to help people working on a common task to attain their goals from ge
June 22, 2022 -
SK ecoplant works with AWS to develop eco-friendly digital solutions for environmental businesses
SEOUL -- By utilizing Amazon Web Services' cloud technology and infrastructure, SK ecoplant, a unit of South Korea's SK Group, will develop eco-friendly digital solutions and data platforms to advance environmental businesses. SK ecoplant said it has signed a strategic collaboration agreement with Amazon Web Services (AWS), which provides cloud computing services, to cooperate in solving sustainability challenges such as reducing waste and improving recycling rates. Digital
June 22, 2022 -
Samsung shipyard wins $3.0 billion orders to build 14 LNG carriers
SEOUL -- Samsung Heavy Industries, a major shipbuilder in South Korea, has secured two separate orders worth 3.9 trillion won ($3.0 billion) to build 14 liquefied natural gas carriers for clients based in Bermuda and Africa. With new orders, the shipbuilder achieved 72 percent of its annual order target estimated at $8.8 billion. In a regulatory filing on June 22, Samsung Heavy Industries (SHI) said it has clinched an order worth 3.33 trillion won from an unidentified client in
June 22, 2022 -
POSCO expands ties with Australia's Hancock for battery material development
SEOUL -- South Korea's steel group POSCO will expand a strategic alliance with its Australian partner, Hancock, and cooperate in the mine development and processing of materials for electric vehicle batteries, at a time when the global raw material market remains unstable due to price hikes. POSCO has invested more than four trillion won ($3.09) in Australia to acquire raw materials through business ties with Hancock and other local companies such as First Quantum Minerals and
June 22, 2022 -
L'Oreal works with Hotel Shilla to release luxury beauty brand
SEOUL -- L'Oreal, a major cosmetics and personal care company in France, will launch a luxury beauty brand through cooperation with Hotel Shilla, a luxury hotel brand run by the sister of Samsung Group's de facto leader Jay Y. Lee, and a South Korean private equity firm. L'Oreal hopes to showcase Asian wisdom in a modern way by combining natural ingredients and functional efficacy. L'Oreal, Hotel Shilla and Anchor Equity Partners will own an almost equal share of the
June 22, 2022 -
S. Korea achieves goal of putting actual satellites into orbit with homegrown space rocket
SEOUL -- South Korea launched its homegrown space rocket that put satellites into target orbit, becoming the seventh country in the world to have developed a space launch vehicle that can carry a more than one-ton satellite. It was South Korea's first successful launch of a satellite with actual functions. The three-stage rocket called "Nuri," also known as KSLV-II, blasted off from the Naro Space Center in the country's southern coastal village of Goheung on June
June 21, 2022 -
SK Telecom opens VFX studio for media content production
SEOUL -- SK Telecom, a top mobile carrier in South Korea, opened a visual effects (VFX) studio to strengthen its content production capability and expand partnerships with global media companies. The studio features two LED wall stages that can create realistic graphics to remove the need for location shooting. VFX is the process by which imagery is created or manipulated outside the context of a live-action shot in filmmaking and video production. The integration of live-action fo
June 21, 2022
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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
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Video streaming services in Korea sharply raise subscription fees
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Korea launches first nanosatellite in New Zealand