Latest news
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Naver's webtoon wing partners with Japanese media companies to launch joint venture
SEOUL -- The web comics wing of South Korea's internet service giant Naver has partnered with TBS, a media enterprise in Japan, and Japan's webtoon publisher Shine Partners to launch a joint venture that would create synergy by recreating popular web cartoons into dramas, films, and other content. The joint venture will target Japan's rapidly growing webtoon market which stood at $4.7 billion in 2020. Webtoons, also known as web comics, are digital comic books opti
May 16, 2022 -
Bell 505 light helicopter selected for military pilot training in S. Korea
SEOUL -- B505, a glass cockpit light helicopter built by Bell Helicopter, has been selected for South Korea's military project to replace decades-old training helicopters for Army and Navy pilots. The single-engine five-seat turbine helicopter will be installed with the latest digital instrument panel and tactical navigation equipment. South Korea will invest some 170 billion won ($133 million) to introduce 40 training helicopters by 2025. Bell has modified its Bell 505 Jet R
May 16, 2022 -
BTS grabs three trophies at Billboard Music Awards
SEOUL -- BTS won three awards at the Billboard Music Awards. The seven-member band has grabbed trophies for six consecutive years at the prestigious American annual music awards event since 2017 when the band won the "Top Social Artist Award." The group won in "Top Duo/Group," "Top Song Sales Artist" and "Top Selling Song," Billboard said ahead of its award ceremony through its website on May 15. "Butter," the band's full Englis
May 16, 2022 -
Mask-free outdoor arts festival attracts thousands of visitors on Children's Day
SEOUL -- A rare scene involving thousands of people roaming freely inside a city square to enjoy summer festivities just like the pre-pandemic times was unfolded in Ansan southwest of Seoul on May 5's Children's Day. Couples, friends, and families applauded and burst into happy laughter while watching a variety of performances and participating in events and games. W
May 13, 2022 -
LG Household & Health Care opens microbiome research center in Japan's northern island
SEOUL -- LG Household & Health Care, a consumer goods company in South Korea, has opened a research center in Hokkaido, the northernmost of Japan's main islands, to develop natural fermentation and microbiome cosmetics targeting global customers. The region with a clean environment was favored as an ideal place for studying microbiomes and natural fermentation. The microbiome is a cluster of all types of microscopic organisms that co-exist with humans such as bacteria, fungi
May 13, 2022 -
CJ ENM partners with France's Criteo to introduce TV Audience Extension technology
SEOUL -- CJ ENM, a top media company in South Korea, partnered with Criteo, a Paris-based commerce media platform, to introduce "TV Audience Extension," a full-funnel marketing feature that combines TV broadcast advertisements and audience-first display advertisements. TV Audience Extension matches target users and discovers potential consumers with Criteo's Shopper Graph which is the world's largest commerce data, combined with Criteo's superior machine lear
May 13, 2022 -
POSCO makes equity investment in Taiwan's Prologium to produce all-solid-state battery electrolytes
SEOUL -- South Korea's leading steel group POSCO made a strategic equity investment in Taiwan's solid-state battery developer Prologium Technology to cooperate in the production of all-solid-state battery electrolytes for electric vehicles with the aim of pre-empting an emerging market for next-generation battery materials. POSCO Holdings said it has signed a contract with Prologium to jointly develop cathode materials for solid solid-state batteries, silicon anode material
May 13, 2022 -
Hanwha Q CELLS launches new brand to make foray into EV charging service market
SEOUL -- The photovoltaic cell-making wing of South Korea's Hanwha Group has launched a new brand to make a foray into the country's electric vehicle (EV) charging service market. The government aims to increase the number of private and commercial EV chargers from about 100,000 in 2022 to 500,000 by 2025. Boosted by a strong government campaign to go completely carbon-zero by 2050, South Korea's EV market is witnessing a boom like other countries. As of March 2022, the
May 13, 2022 -
Taekwang Industry's board endorses new investment to boost aramid production
SEOUL -- Taekwang Industry, a chemical and textile company in South Korea, will invest 145 billion won ($112 million) to boost the production of aromatic polyamide (aramid), a class of heat-resistant and strong synthetic fibers, from 1,500 tons to 5,000 tons per year by 2025 in response to a fast increase in global demand. Taekwang Industry said its board has endorsed the expansion of aramid production to strengthen competitiveness. "This investment decision is to preemptivel
May 13, 2022 -
Hanwha Solutions discloses new investment to produce high-performance solar cells
SEOUL -- Hanwha Solutions, a chemical and energy company affiliated with South Korea's Hanwha Group, will enhance the competitiveness of solar cells by building new production lines for high-performance photovoltaic cells and modules in South Korea and the United States. The new investment comes on the heels of fierce competition with Chinese companies. At Intersolar, a solar industry exhibition in Munich, Hanwha Solutions disclosed the planned injection of some 380 billion won
May 12, 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