Latest news
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Hanhwa Group installs smart solar panel beehive to help preserve honeybees
SEOUL -- In an effort to raise awareness about a rapid decrease in the population of honeybees worldwide, South Korea's Hanwha Group unveiled a smart beehive that protects the living environment of honeybees using solar power. The beehive capable of monitoring the temperature and humidity of bees' habitat will be used by researchers to increase the population of honeybees. Data released by the Food and Agriculture Organization of the United Nations (FAO) showed that more th
May 19, 2022 -
Axiom founder holds business talks with Boryung's CEO as partners in space project
SEOUL -- Kam Ghaffarian, the founder of U.S. space infrastructure developer Axiom Space, has held business talks with Boryung Corp.'s leader during his visit to South Korea as a partner in their joint initiative to advance the next generation of pharmaceutical, bioscience and medtech development in space. The meeting with CEO Jay Kim of Boryung Corp. engaged in pharmaceutical manufacturing, took place on May 17 in Seoul. Boryung has made an unspecified amount of equity investmen
May 19, 2022 -
Kakao Enetertainment merges two American subsidiaries to compete with domestic rival
SEOUL -- The content and entertainment wing of South Korea's web service giant Kakao expanded an unyielding turf war with its domestic archrival from Asia to North America by merging two American webtoon and web novel platform subsidiaries into a new entity to create synergy and become a leading player in the storytelling industry. Tapas Media, an American snack culture content provider known as "YouTube of Comics," and Radish Media, a U.S.-based web novel platform, wi
May 19, 2022 -
Convenience store chain CU partners with drone developer to help communities
SEOUL -- BGF Retail, the operator of South Korea's largest convenience store chain CU, will adopt drone technology to help communities in case of disasters in cooperation with a domestic drone developer. BGF Retail will create relief goods and use its delivery vehicles as charging stations for drones. Drones designed for rescue purposes are equipped with various optical equipment such as cameras, radars and thermal imaging sensors. Some drones carry out structural safety checks
May 19, 2022 -
SK Biopharmaceuticals partners with U.S. biotech company Cala to fuel innovation in neurology
SEOUL -- SK Biopharmaceuticals and its parent investment company, SK Inc., will make an unspecified amount of investment in Cala Health, a Silicon Valley-based bioelectronic medicine company, to secure opportunities for potential technology collaboration and explore solutions for new indications in neurology. The two SK Group units have participated in a Series D funding round for Cala, the leader in non-invasive bioelectronic therapy via a wearable device that is proven to reduce e
May 19, 2022 -
Hancom to launch S. Korea's first private satellite for integrated image analysis service
SEOUL -- South Korea's first private satellite for earth observation will be launched aboard a SpaceX rocket with the aim of providing video services in high demand for satellite data in Asia and the Middle East. The ultra-small satellite weighing 10.8 kilograms would collect image data after a one-month test operation at an altitude of 500 kilometers (310 miles). The low-orbit satellite named Sejong 1, developed by Hancom Inspace, a subsidiary of South Korea's Hancom Group
May 18, 2022 -
Hyundai auto group unveils massive investment plan to boost domestic electric vehicle production
SEOUL -- In an unheralded announcement, South Korea's Hyundai auto group came up with the proposed investment of some 21 trillion won ($16.6 billion) to boost the domestic production of electric vehicles to 1.44 million units per year by 2030. The domestic production of electric vehicles in 2022 is estimated at 350,000 units. Without specifying where and how much their investment will be funneled, Hyundai Motor and its affiliate, Kia Motors, vowed to enhance a domestic electri
May 18, 2022 -
Meal kits to be available soon at Seoul subway stations for hungry commuters
SEOUL -- Targeting hungry and busy commuters, ready-to-eat meal shops will be put into service at crowded subway stations in Seoul. Students and workers who lack time to have breakfast or dinner can grab a meal kit package right after getting off the train. Meal kits are convenient heat-and-eat food packages that provide processed ingredients and seasonings so that consumers can easily complete the dish just by following the simple cooking instructions using a stove or a microwave
May 18, 2022 -
Business alliance launched to speed up commercialization of self-driving robots
SEOUL -- A business alliance involving LG Electronics and 17 other companies was launched to speed up the commercialization of intelligent self-driving robots, which have expanded their use in South Korea's service, delivery and other sectors thanks to rapid technological development. The self-driving robot alliance headed by the Korea Association of Robot Industry was formed on May 18 in an event sponsored by the Ministry of Trade, Industry and Energy at an exhibition center in
May 18, 2022 -
S. Korea's first forensic entomology lab in service to track death time with insects
SEOUL -- South Korea has opened its first forensic entomology lab to efficiently estimate the time of death by analyzing insects found in the body. The investigation technique that helps determine elapsed time after death can be used in unsolved criminal cases and for investigating elder abuse or animal cruelty. It is difficult to figure out the time of death if the body has been dead for a long time. The investigation technique can help find out the death time through the analysis
May 18, 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