Latest News

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  Hyundai Elevator works with LG Electronics to push for launch of smart building solutions SEOUL -- Hyundai Elevator, a leading elevator maker in South Korea, will push for a smart building solution business that connects elevators, self-driving robots, home network systems in cooperation with LG Electronics which has developed various service robots. The elevator industry is evolving into e-mobility along with the development of artificial intelligence and technological innovation that opened new business opportunities such as the automatic recognition of visitors' 2021-08-20
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  First commercial service of food drone delivery to be showcased in Sejong SEOUL -- In a state-sponsored pilot project aimed at rolling out a commercial service, citizens in South Korea's central administrative city of Sejong can receive pizza delivered by drones using smartphone apps from their homes without risking the infection of COVID-19 at offline stores. If successful, the pilot service would lead to the first commercial food delivery service using drones in urban areas in South Korea. The pilot service through an app called Domino's Pizza o 2021-08-20
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  Naver's online shopping mall releases subscription services SEOUL -- In an effort to cement its leading position in online shopping, South Korea's web service giant Naver has released a subscription service for customers who wish to receive regular deliveries of products they frequently buy. Coupang, the South Korean counterpart of Amazon, was one of the country's first online shopping operators to introduce subscription services in 2015. Parents with young kids, housewives and working people who do not have spare time to go to megas 2021-08-20
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  Busan to demonstrate AI-based safe crossing light system for old people SEOUL -- The southern port city of Busan will demonstrate an artificial intelligence-based system that will autonomously control the time a pedestrian crossing signal is lit. Crossing lights will stay green until all pedestrians have crossed the road. The new system is designed to help children, old people and the disabled cross the road safely. According to the National Police Agency, there were some 3,100 fatal road accident victims in 2020 and about 35 percent of them were pedest 2021-08-20
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  H3-KOREA secures deal to ship small homegrown hydrogen generator to Malays SEOUL -- As a pioneer in stepping into a market dominated by European and American companies, H3-KOREA, a hydrogen technology startup in South Korea, has opened a road for exports of small homegrown generators that use water electrolysis technologies to produce eco-friendly hydrogen at a low cost without separators and catalysts made from expensive metals such as platinum or iridium. H3-KOREA partnered with Nexon Star, a domestic trading company, to supply small green hydrogen gener 2021-08-20
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  Local brewery ties up with European stores to sell craft beers SEOUL -- A craft beer maker based in South Korea's southern resort island of Jeju will export three products to thousands of stores, bars and restaurants in European countries including Britain, Germany and France. Founded in 2015, Jeju Beer is the island's first local craft brewer to hit the shelves of five major convenience stores in South Korea. Since 2019, the company has exported craft beers to Asian countries including India, Thailand, Singapore and China. Jeju Beer 2021-08-19
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  S. Korea develops technique to recycle discarded solar panels into high-performance solar cells SEOUL -- Researchers have developed a non-destructive technique to recycle discarded solar panels to create high-performance solar cells. The technique will become crucial in a few decades when solar panels that are currently being used are discarded after their operational life of about 20 years. A solar panel is a photovoltaic module made of materials such as glass, aluminum, silicon and copper. It uses sunlight as a source of energy to generate direct current electricity. A sol 2021-08-19
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  LG Electronics works with German researchers to demonstrate 6G communication signal transmission SEOUL -- LG Electronics, a major home appliance and smartphone maker in South Korea, has worked with German researchers for the successful demonstration of transmitting communication signals more than 100 meters by utilizing the 6G Terahertz frequency band that includes an enormous amount of available spectrums. Terahertz (THz) is a unit of frequency defined as one trillion cycles per second. The demonstration was conducted at the Fraunhofer Heinrich Hertz Institute, an organizati 2021-08-19
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  Two shipbuilders join force to participate in construction of light aircraft carrier SEOUL -- Two shipbuilders known for their experience in building warships in South Korea joined forces to participate in a military project aimed at constructing a light aircraft carrier capable of carrying vertical landing combat jets with indigenous technology. The Defense Ministry has unveiled the so-called CVX project to build a 30,000-ton light aircraft carrier manned by more than 400 crew members. Some 2.33 trillion won ($2.09 billion) will be spent from 2022 to 2033 only on b 2021-08-19
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  LG Chem makes $2.2 bln new investment to expand production of eco-friendly, biodegradable materials SEOUL -- LG Chem, a chemical unit of South Korea's LG Group, earmarked 2.6 trillion won ($2.21 billion) for new investment to expand the production of eco-friendly materials and accelerate the introduction of environmental, social, and corporate governance (ESG), a trendy corporate operation method that focuses on the use of green energy and environmentally-friendly management. LG Chem said it would foster its production base in Daesan, about 100 kilometers (62 miles) southwes 2021-08-19
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  Kolmar Korea to develop stone cell-based eco-friendly material to replace microplastics SEOUL -- Using stone cells extracted from the skin and the core of Asian pears, Kolmar Korea, a beauty and cosmetics product maker, will develop eco-friendly material that would replace microplastics used in skincare products and toothpaste. Stone cells or sclereids are plant cells with thickened, lignified cellular walls that are normally found in fruits including Asian pears, apples, and guavas. Such hardened cells provide a crunchy, gritty texture. Microplastics are used in 2021-08-19
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  DNV certifies basic design of Samsung shipyard's ammonia ready crude carrier SEOUL -- The basic design of a very large crude carrier for ammonia fuel ready, developed by Samsung Heavy Industries, has obtained certification from DNV, an international accredited registrar and classification society. A vessel powered by fossil fuel can adopt an ammonia propulsion system later by reflecting its hull structure, fuel tank specifications, and risk assessment in advance. Samsung Heavy Industries (SHI) said that with DNV's "Approval in Principle," the s 2021-08-19
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  VA Corporation teams up with LG Electronics to develop virtual reality content SEOUL -- VA Corporation, a virtual production company in South Korea, teamed up with LG Electronics to meet increasing demands for metaverse platforms. The two companies will establish a research center where they can jointly develop virtual reality content using real-time visual effect techniques. By combining physical reality with virtual spaces, the metaverse offers special hands-on experiences. VA Corporation has produced various metaverse platforms for movies, advertisements an 2021-08-19
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  Second-tier interceptor capable of blocking ballistic missiles ready for mass production SEOUL -- South Korea's home-grown medium-range guided interceptor capable of blocking both ballistic missiles and aircraft is ready for mass production after it passed a shooting test to certify its quality. It is the mid-tier interceptor in South Korea's independent three-tier aerial and missile defense system called "Korean Air and Missile Defense (KAMD)," based mainly on Russian technology. Cheongung-II passed ballistic missile and aircraft intercept tests on Au 2021-08-19
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  Shinsegae's fashion unit to adopt digital warranty thru online shopping mall SEOUL -- Shinsegae International, the fashion unit of South Korea's retail giant Shinsegae Group, will adopt a digital warranty system that will guarantee the authenticity of products sold through its online shopping mall. The warranty will work as a digital authentication token to prevent the online secondhand trade of stolen goods. There are various types of digital warranty systems including the non-fungible token system (NFT) that uses blockchain, a virtually non-hackable 2021-08-19
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  YG Entertainment extends management contract with K-pop boy band WINNER SEOUL -- All members of K-pop boy band WINNER will renew their contracts with YG Entertainment for another five years. The band has signed agreements with the South Korean entertainment powerhouse, YG said in a statement. All four members interacted with their fans through Naver V LIVE on August 17 to mark the 7th anniversary of its debut. Kim Jin-woo and Lee Seung-hoon, who are still serving their compulsory military duties, also joined the online streaming event via smartphones. 2021-08-18
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  Rescuers use drones to locate and rescue lost hikers SEOUL -- Rescuers used drones to find two hikers who were lost in the mountains. The drones were connected to a mobile control tower that can relay video feeds from drones and body cameras of rescuers. Unmanned aerial vehicles, or drones, have been widely utilized for fire-fighting operations in South Korea's mountainous areas. Drones can also help rescuers save shipwrecked victims using their advanced aerial search functions. The National Fire Agency (NFA) said in a statemen 2021-08-18
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  S. Korea localizes robot milking machine to help old dairy farmers SEOUL -- South Korea has succeeded in the localization of a milking machine that will use a robot arm to autonomously find a cow's nipples and extract milk. The domestic milking robot will help reduce labor burdens off old dairy farmers' shoulders and popularize autonomous robot machines in the farming industry. Dairy farmers need to milk their cows twice a day no matter what because milk can build up in a cow's udder if it is not milked daily. When there's too m 2021-08-18
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  Shinsegae's department store wing to open first hotel in August SEOUL -- The department store division of South Korea's retail conglomerate Shinsegae Group will make a foray into the hospitality industry. Although Shinsegae's megastore wing already operates Westin Josun hotels, this is the first time for the department store division to open a hotel. Shinsegae Central City said in a statement on August 18 that the company partnered with Marriott International, the world's largest hotel chain, to open "Hotel Onoma, Autograph Coll 2021-08-18
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  Hyundai auto group demonstrates mobility service for people with mobility barriers SEOUL -- South Korea's Hyundai auto group has launched a demonstration for a universal mobility service designed to assist those with mobility barriers. The pilot program of Hyundai's global mobility service project was kick-started in Los Angeles to utilize full-size sport utility vehicles capable of carrying a wheelchair. The auto group said in a statement on August 18 that it launched "Enable LA," a pilot mobility service for people with mobility barriers, throu 2021-08-18