Latest news
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Military project approved to develop mine-sweeping marine helicopter based on homemade transport utility model
SEOUL -- South Korea's state arms procurement agency won approval to push for the development of a mine-sweeping marine helicopter, based on a homemade transport utility model which has been used by marine troops. The helicopter searches for and destroys mines in the sea and underwater. A conference chaired by Defense Minister Lee Jong-sup has endorsed a military project to develop a helicopter based on Marineon, the amphibious variant of South Korea's homemade transport ut
May 31, 2022 -
Plug Power's joint venture with SK E&S supplies water electrolysis equipment for green hydrogen project
SEOUL -- A joint venture between Plug Power, an American provider of hydrogen fuel cell turnkey solutions, and its South Korean partner, SK E&S, will supply polymer electrolyte membrane water electrolysis equipment for a state project to verify the efficiency and safety of a green hydrogen and battery storage system. Water electrolysis technology decomposes water with electricity to produce hydrogen. Hydrogen companies have been testing various methods to improve water electr
May 31, 2022 -
Huayou Cobalt's subsidiary invests in LG Chem's cathode material plant
SEOUL -- LG Chem, a chemical unit of South Korea's LG Group, will set up a joint venture with the subsidiary of its Chinese partner, Zhejiang Huayou Cobalt, as part of efforts to establish a stable supply network of raw materials through a series of preemptive investments and partnerships with foreign companies Tianjin B&M Science and Technology (B&M), a battery material producer controlled by Huayou, will acquire a 49 percent stake in the joint venture, while LG Chem ow
May 31, 2022 -
Drones used in coastal city to prevent safety accidents on tidal flat
SEOUL -- Drones equipped with various equipment such as cameras, radars and thermal imaging sensors will be used to prevent safety accidents on a tidal flat where many visitors collect seafood. They will work together with human rescuers and notify related agencies in case of an emergency. Drones carry out structural safety checks on hard-to-reach places or help rescuers save shipwrecked victims. In 2017, three people died while collecting shellfish on a tidal flat in the southweste
May 30, 2022 -
Hanwha promotes Redback infantry fighting vehicle as well fit for battlefields like war in Ukraine
SEOUL -- The war in Ukraine is changing the paradigm of armored urban warfare. Unlike predictions made by many military specialists, Russia's heavily-armored vehicles including tanks suffered a severe blow from determined Ukrainian soldiers and militia who ambushed in a jungle of buildings and urban structures. While wheeled vehicles were caught up in a deathtrap of mire outside cities, tracked vehicles including tanks found it hard to detect guerilla attacks from rooftops and
May 30, 2022 -
Virtual rapper Hip-Kongz to debut through rap song 'BAM'
SEOUL -- Hip-Kongz, a virtual artist created by a label that manages K-pop girl band Brave Girls, will make its debut with a rap song titled "BAM." The virtual rapper will express concerns and feelings about his reality and uncertain future. Brave Entertainment said that Hip-Kongz's debut song will be released through music websites at 6 p.m. (0900 GMT) on May 30. The new single portrays a virtual artist who was left alone in the night. Hip-Kongz will share his love s
May 30, 2022 -
Doosan Logistics ties up with Norway's AutoStore to set up premium warehouse storage lineup
SEOUL -- Doosan Logistics Solutions, a unit of South Korea's Doosan Group, has forged a strategic partnership with Norway's AutoStore, which provides a robotic cube-based, automated storage and retrieval system, to set up a premium product lineup for warehouse storage. The deal came after Doosan Logistics Solutions (DLS) agreed to introduce a shuttle-type storage system from Austria's KNAPP. DLS said it would use two storage systems to meet customer demands of variou
May 30, 2022 -
HK inno.N ties up with domestic company to find new drug candidates using exosome
SEOUL -- HK inno.N, a pharmaceutical product maker in South Korea, will find new drug candidates using exosomes for the treatment of chronic diseases and acute respiratory infections in cooperation with a domestic biotechnology company that specializes in therapeutic molecules. Exosomes, which are recognized for their critical role in cell-to-cell communication and transportation, are small vesicles found in nearly all eukaryotic fluids and facilitate a variety of important cellula
May 27, 2022 -
POSCO Chemical finalizes battery material contract with GM
SEOUL -- Buoyed by a deal with General Motors, POSCO Chemical, a unit of South Korea's top steel group POSCO, aims to tap Europe and Indonesia as part of its aggressive strategy to build a mass-production base abroad and become a global player in the battery material market. POSCO Chemical and General Motors have agreed to build their joint venture plant in Quebec, Canada, to produce high-nickel cathode active materials. In a regulatory filing on May 27, the Southg Korean compan
May 27, 2022 -
S. Korea's first private satellite settles in orbit for integrated image analysis service
SEOUL -- South Korea's first private satellite for earth observation has safely reached its target orbit for a one-month test operation at an altitude of 500 kilometers (310 miles) to provide integrated image analysis services in high demand for satellite data in Asia and the Middle East. A SpaceX rocket blasted off on May 25 at the Kennedy Space Center in Florida and placed the low-orbit satellite named Sejong 1, developed by Hancom Inspace, a subsidiary of South Korea'
May 27, 2022
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Global tech firms to present smart manufacturing solutions at 'Smart Factory + Automation World' in Seoul
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Occult thriller film 'Exhuma' attracts more than 10 mln moviegoers in 35 days of release
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Education company Visang provides smart Korean language learning platform 'Klass' to Vietnamese universities
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LS Cable embarks on construction of plant for new copper foil material
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US political turmoil reflects our wider society – in 2024 and earlier elections
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Avikus validates fuel-saving effect of self-sailing solution 'HiNAS Control'
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Le Sserafim's "Easy" named on Billboard's top 200 popular albums chart for four consecutive weeks
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Hanwha's cooperative robot wing showcases robot sommelier at 'Smart Factory + Automation World'
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Life expectancy in South Korea decreases for first time since 2000
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Lotte Rental achieves 'Baa3' credit rating from Moody's