Latest News

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  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 2022-05-31
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  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 2022-05-30
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  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 2022-05-30
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  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 2022-05-30
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  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 2022-05-30
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  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 2022-05-27
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  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 2022-05-27
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  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' 2022-05-27
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  Seoul's AI chatbot service for public inquiries gains popularity SEOUL -- "Seoul Talk," an artificial intelligence-based administrative service that takes care of public inquiries such as COVID-19 vaccination, has gained popularity. The chatbot deals with inquiries for 24 hours so that human assistants can focus on complicated inquiries. Chatbots communicate with customers through text conversations. Customers can choose to speak directly with human assistants if chatbots cannot provide a solution. The number of Seoul Talk users rose f 2022-05-26
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  SK Telecom introduces autonomous delivery robot at professional golf tournament site SEOUL -- For an annual professional men's golf tournament in the southern resort island of Jeju, SK Telecom, a top mobile carrier in South Korea, will deploy an autonomous delivery robot installed with cameras to provide water and drinks on-site galleries and players. Through a partnership with Neubility, a domestic delivery robot startup, SK Telecom (SKT) will apply "Metatron Grandview" technology to the self-driving delivery robot at Jeju's Pinx Golf Club, the s 2022-05-26
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  Highest court confirms 18-month jail sentence for former BIGBANG member Seungri SEOUL -- South Korea's highest court confirmed an 18-month jail sentence for Seungri, a disgraced former BIGBANG member who has been at the center of sex and other scandals that rocked South Korea's music community. He will be transferred from a military detention center to a civilian prison to serve the remainder of his term until February 2023. Seungri, a 31-year-old whose real name is Lee Seung-hyun, has been on trial at the military court since he joined a frontline mi 2022-05-26
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  CU's mobile convenience stores called back into service at festivals SEOUL -- Mobile convenience stores selling beverages, snacks, instant food and sanitary products were called back into service at outdoor festivals in South Korea, ending more than two years of hibernation forced by a COVID-19 pandemic. Mobile convenience stores are the brainchild of South Korea's convenience store chain CU, which has renovated cargo trucks to meet on-site customers at festivals and other outdoor gatherings. The service began in 2009, gaining popularity, but th 2022-05-26
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  SK E&S secures bridgehead for business expansion in China through Beijing gas company SEOUL -- SK E&S, an energy company affiliated with South Korea's SK Group, secured a bridgehead to expand its business influence in China's natural gas and hydrogen markets, through a strategic alliance with a major gas company based in Beijing. SK E&S said it has signed a strategic collaboration agreement with Beijing Gas Group, a city gas supplier in Beijing and adjacent areas, to establish a strategic partnership in liquefied natural gas (LNG) and hydrogen busin 2022-05-26
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  Global 18-member hydrogen alliance launched under S. Korea's chairmanship SEOUL -- A global alliance grouping hydrogen-related organizations from 18 nations has been launched under the chairmanship of South Korea's private-government body, Hydrogen Convergence Alliance (H2KOREA), to strengthen international cooperation for the early establishment of a hydrogen ecosystem. Hydrogen association representatives from 18 countries participated online and offline in an event in Seoul on May 25 to form the Global Hydrogen Industrial Association Alliance (GHIA 2022-05-26
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  State researchers extract biomaterial from microalgae for dementia treatment SEOUL -- South Korea's state research body has used spirulina, which is a biomass of blue-green algae, to extract a biomaterial that can significantly improve the cognitive functions of dementia patients. Related technology was transferred to a private company for commercial production. As an ecologically sound, nutrient-rich dietary supplement, spirulina is being investigated to address food security and malnutrition. It has been used as a raw material for healthy functional fo 2022-05-25
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  Hankook Tire opens Asia's largest test track to develop tires for electric vehicles and super cars SEOUL -- South Korea's top tire maker, Hankook Tire & Technology, opened what claimed to be Asia's largest test track that enables the performance test of innovative tires for electric vehicles and supercars, along with high-tech research facilities. The test site called "Hankook Technoring" was built in an area of 1.26 million square meters in Taean, about 115 kilometers (71 miles) southwest of Seoul. It has 13 tracks, including the longest test road in Asia a 2022-05-25
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  State gas company partners with U.S. company to develop liquid hydrogen storage tanks SEOUL -- CB&I Storage Solutions, an American storage tank developer involved in the construction of the world's largest liquified hydrogen tank at the Kennedy Space Center in Florida, tied up with South Korea's state gas company to develop liquified hydrogen tanks for land storage and marine transportation. Korea Gas Corporation (KOGAS) said the partnership with CB&I would help increase South Korea's competitiveness in the hydrogen market and speed up the develop 2022-05-25
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  Samsung Electronics ties up with Red Hat to develop technologies for next-generation memory solutions SEOUL -- Samsung Electronics tied up with Red Hat, a U.S. provider of open-source software products, to develop technologies for next-generation memory solutions, reflecting its strategy to change its memory paradigm beyond simple semiconductor manufacturing to a total memory solution company. Memory software solutions enable multiple memories to be recognized and operated as one or more efficient use of memory performance. The partnership will focus on the development and validati 2022-05-25
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  SK ecoplant's subsidiary TES works with domestic partner to recycle used mobile phones SEOUL -- TES, a wholly-owned subsidiary of SK ecoplant, will cooperate with Mintit, an ICT recycling company in South Korea, to boost their market share in the recycling of used mobile phones using an AI-based unmanned phone collection platform. TES is a Singapore-based provider of synchronized electronic waste (E-waste) management solutions. Used electronics which are destined for refurbishment, reuse, resale, salvage recycling through material recovery, or disposal are considered 2022-05-25
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  SK Telecom aims to expand application of advanced quantum security solution to defense and public sectors SEOUL -- SK Telecom, a leading mobile carrier in South Korea, will expand the application of its advanced quantum security solution to defense and public sectors that require very high levels of security by developing products such as network equipment with enhanced security in cooperation with three domestic tech firms. Quantum cryptography has emerged as an essential solution for safeguarding critical information because it is impossible to copy data encoded in a quantum state. SK 2022-05-25