Latest news
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Billboard, Kakao Entertainment join hands to promote K-pop
SEOUL, April 19 (AJU PRESS) - The Billboard magazine has partnered with South Korea's Kakao Entertainment to boost the global presence of K-pop, the U.S. magazine said Friday. Billboard's President Mike Ven and Kakao Entertainment's co-CEO Joseph Chang have recently signed a partnership agreement on cooperation in Korean music-related content and promotion of K-pop artists' global activities. The two sides will also come up with a new K-pop-related business model.
April 19, 2024 -
Paraguay to adopt Korean as second foreign language subject
SEOUL, April 19 (AJU PRESS) – Paraguay will adopt Korean as a second foreign language for middle and high school students starting in August, Seoul officials said Friday. The education ministries of Korea and Paraguay have recently signed a memorandum of understanding on cooperation in providing Korean education in the South American country. Under the agreement, Paraguay will include Korean as a regular second foreign language option that can be taught in secondary-level
April 19, 2024 -
Panda Cup essay contest to promote exchanges between Korean, Chinese youths
SEOUL, April 18 (AJU PRESS) - The annual essay contest aimed at promoting mutual understanding between Korean and Chinese youths began Thursday in Seoul. The Panda Cup competition is jointly hosted by Aju News Corporation and China International Communications Group.
April 18, 2024 -
LS Materials breaks ground for EV aluminum parts factory in southern city
SEOUL, April 18 (AJU PRESS) - LS Materials, the materials-processing wing of Korea's LS Group, has broken the ground for an electric vehicle battery case component. Aluminum parts produced at the factory will provide protection for EV batteries that are vulnerable to external impacts. High-performance lithium-ion batteries, mainly used in EVs, can contain high levels of energy but they can easily combust when the battery casing is breached and internal components are damaged.
April 18, 2024 -
Samsung to implement six-day workweek for executives
SEOUL, April 18 (AJU PRESS) - Amid the sluggish global market, Samsung Group will implement its six-day workweek initiative for its executives. All executive personnel of Samsung's affiliates, except those in financial service units, will be required to work six days. This initiative aims to motivate executive management during crises, particularly considering the underperformance of major affiliates. In 2023, Samsung Electronics reported an operating loss of 15 trillion won (
April 18, 2024 -
Tech firms present AI solutions at 'World IT Show 2024' in Seoul
SEOUL, April 18 (AJU PRESS) - The "World IT Show 2024," the largest ever information and communications technology (ICT) exhibition in South Korea featuring 445 exhibitors from 10 countries, kicked off in Seoul on Wednesday for a three-day run. Hosted by the country's science ministry, the show embraces the theme "Innovation in Everyday Life, Created by AI." South Korean conglomerates are at the forefront, showcasing a variety of high-tech AI-powered soluti
April 18, 2024 -
LS Eco Energy to supply ultra-high-voltage cables to Danish energy firm
SEOUL, April 17 (AJU PRESS) - LS Eco Energy, a Korean power cable maker, said Wednesday it has signed a contract to supply extra-high voltage cables to a public energy company in Denmark. The $30.51 million deal involves LS Eco Energy providing ultra-high-capacity cables to Energinet for three years. The product is in high demand in Denmark driven by construction projects for offshore wind farms and underground power transmission lines, according to the Korean company. Over
April 17, 2024 -
Korea increasingly losing AI talent abroad: report
SEOUL, April 17 (AJU PRESS) - Korea has experienced a significant decline in the migration index for AI developers compiled by Stanford University as the country is increasingly losing talent, lured by higher pay and better opportunities abroad. According to the AI Index 2024, published by the U.S. university's Human-Centered AI Institute on Monday (local time), in 2022, Korea had 10.26 AI patents per 100,000 people, ahead of Luxembourg (8.73), the United States (4.23) and Jap
April 17, 2024 -
HD Hyundai signs deal to build 4 warships for Peruvian Navy
SEOUL, April 17 (AJU PRESS) - HD Hyundai Heavy Industries (HHI), the world's largest shipbuilder, has signed a contract with Peru's state-run company to jointly construct four warships for the Peruvian Navy, the Korean company said Wednesday. Under the agreement, HHI will work together with SIMA Peru S.A., a shipbuilder affiliated with the Peruvian Navy, to build a 3,400-ton frigate, a 2,200-ton offshore patrol vessel and two 1,400-ton landing ships. They are scheduled to be
April 17, 2024 -
BLACKPINK's Jennie stays on Billboard chart for 16 consecutive weeks
SEOUL, April 17 (AJU PRESS) - BLACKPINK member Jennie's "One of the Girls" ranked 76th on Billboard's Hot 100 chart released Tuesday, extending its run on the chart to 16 consecutive weeks. The 28-year-old artist collaborated with Lily-Rose Depp and The Weeknd for the song, which serves as the soundtrack for the American TV series "The Idol." The song's official audio on YouTube has accumulated over 121 million views. In June 2023, Jennie
April 17, 2024
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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