Latest news
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S. Korea starts production of long-range air defense radar prototype
SEOUL -- In an effort to replace outdated U.S.-made military radars, South Korea has embarked on the production of a prototype model for a homemade long-range air defense radar system capable of scanning a broad and distant flying zone. The top-notch radar system's performance was enhanced by more than 20 percent compared to the current system. The new system was developed through a 46 billion won ($36.4 million) project led by LIG Nex1, a defense contractor, to cover the Korea
May 4, 2022 -
SKY Technology ties up with Intel to optimize game environment and promote joint marketing
SEOUL -- SKY Technology, the developer of an easy non-fungible token (NFT) business platform in South Korea, tied up with U.S. technology giant Intel to optimize a game environment and promote global joint marketing. Under a memorandum of understanding, SKY Technology and Intel would promote technology cooperation to implement an optimal gaming environment on personal computers equipped with Intel's central processing units and graphics engines and provide industry-leading adva
May 4, 2022 -
Yanolja's cloud solution wing makes strategic investment in India's Innkey
SEOUL -- The cloud solution wing of Yanolja, a leading travel and leisure activity reservation service platform in South Korea, will make a strategic investment in Innkey Infosystems with the conditional acquisition of the India-based service provider of cloud-based hotel management software. Yanolja Cloud said the investment is aimed at expanding its global Software-as-a-Service (Saas) solution business by combining the technology and know-how of the two companies. Innkey provide
May 4, 2022 -
Hanwha Defense secures opportunity to broaden K9's overseas supply network through user club meeting
SEOUL -- Hanwha Defense, a major defense company affiliated with South Korea's Hanwha Group, has secured an opportunity to broaden the overseas supply network of the world's most popular self-propelled howitzer, K9 Thunder, through a meeting of user countries such as Norway, Finland and Estonia. At the first meeting of a K9 user community on April 27-28 at its home base in the southern city of Changwon, Hanwha Defense drew favorable reviews. The user community meeting takes
May 3, 2022 -
Researchers develop quick and accurate infectious disease diagnosis kit technology
SEOUL -- Researchers have developed a quick and accurate diagnosis sensor kit technology that can effectively detect infectious diseases in 50 minutes. The rapid diagnosis technology is almost as accurate as the polymerase chain reaction technique that can detect diseases including COVID-19 with an accuracy rate of about 95 percent in about six hours. Polymerase chain reaction test equipment that uses blood samples is very bulky and requires many hours to come up with results. Rapi
May 3, 2022 -
Seoul to offer useful bicycle-related information through smartphone app
SEOUL -- As an effort to popularize bicycles as the city's main transport medium, Seoul will offer bicycle lovers useful information such as the location of nearby bike repair shops and public bicycle parking spaces through a smartphone app. Currently, such information is accessible through Seoul districts' official websites. Seoul has adopted many different programs to encourage the use of bikes. In January 2022, the city partnered with bicycle trading platform operator Wr
May 3, 2022 -
Seoul to adopt smart water meters for unmanned tap water usage monitoring
SEOUL -- An internet-of-things-based smart water meter will be adopted by Seoul City to conveniently monitor and record tap water consumption at homes. Currently, government workers visit each house regularly to check and record water consumption regardless of weather conditions. Smart water meters are automated remote metering devices that measure water usage to enable accurate billing. As of December 2021, about 350 water metermen are deployed in the capital city to inspect some
May 3, 2022 -
Hyundai Motor's first metamobility NFT collection to be offered through official NFT website
SEOUL -- South Korea's Hyundai auto group will offer its first exclusive metamobility non-fungible token (NFT) collection, "Shooting Star," through its official NFT website. A full-fledged NFT project will be created within the concept of the group's metamobility universe. As the first automaker which has built a global NFT community, Hyundai Motor launched an official website on May 2, as well as dedicated channels on Twitter and Discord, a VoIP, instant messagin
May 3, 2022 -
Samyang Foods builds smart factory to meet rising demands for Korean instant noodles
SEOUL -- To meet growing global demands for South Korea's instant noodles known as ramyeon, domestic food company Samyang Foods has built a smart factory with an annual capacity of 600 million instant noodles. Ramyeons made through an automated process will be exported to more than 100 countries. According to data released by state-run tax organization Korea Customs Service, exports of ramyeon achieved the highest record of $71.5 million in March 2022, up 20 percent from a year
May 3, 2022 -
Seoul to expand IoT-based monitoring device for prevention of lonely death
SEOUL -- Seoul will distribute more internet of things-based "smart plugs" to vulnerable single households. The smart monitoring device will monitor the electricity consumption of home appliances and notify human caregivers if the energy usage is too low. According to data released by the national statistics office in 2021, the number of South Korea's single-person households reached 6.64 million in 2020, accounting for 31.7 percent of total households. Some 50 perce
May 2, 2022
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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
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Pinkfong creates Baby Shark-themed musicals to captivate global fans
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LG Electronics, Kakao Mobility collaborate on delivery robot service
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Analysts predict poor earnings for major Korean game publishers in first quarter
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Carmakers, tech firms gather in Seoul for premier industry show
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Label control battle casts shadow over NewJeans' comeback