Latest news
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Online apparel shopping mall operator to make foray into offline department stores and shopping complexes
SEOUL -- Musinsa, a leading South Korean online apparel store operator, has announced its expansion into offline retail as part of its strategic growth plans. The move aims to position the company for increased competition in the fashion industry, particularly against other affordable clothing brands, including sub-labels operated by major clothing companies. Established in 2003 as a small online fashion community, Musinsa has since evolved into a popular online shopping mall, gai
February 11, 2024 -
S. Korea adopts culinary robot for instant noodles Ramyeon on highway rest stop
SEOUL -- South Korea's expressway operator has adopted a robot chef that can cook the country's iconic instant noodles known as Ramyeon at an expressway rest stop. The culinary robot, designed to reduce the burden of human workers and to provide the standardized taste, consistently stirs the noodles while they boil and places them into a bowl afterward. Ramyeon, featured in many South Korean movies including the Oscar-winning film "Parasite," is one of the main d
February 10, 2024 -
Exports of S. Korea's aircraft surpass $1 billion for first time in 2023
SEOUL -- Exports of South Korean aircraft soared 320.5 percent year-on-year to a record high of some $1 billion in 2023, state data showed. This marks the highest export figure since the development of the Buhwal, the first homemade aircraft crafted during the Korean War in 1953. According to data provided by the Korea International Trade Association (KITA) on February 10, South Korea's aircraft exports in 2023 totaled $1,010,000,000. Out of this sum, exports to Poland reached
February 10, 2024 -
70% of smartphone users used mobility service apps at least once: survey data
SEOUL -- A recent survey conducted by a smartphone app analyst firm unveiled that approximately 70% of South Korean smartphone users have utilized a mobility service app at least once. Mobility services, initially introduced in the country around a decade ago, are predominantly associated with taxi-hailing or ride-hailing services among South Korean individuals. One of South Korea's most renowned mobility service platforms is Kakao T, offering a comprehensive range of services
February 9, 2024 -
Ice and snow vehicle equipment become popular in S. Korea due to frequent snow
SEOUL -- As South Korea experiences colder temperatures and more frequent snowfall compared to previous years, data released by major ecommerce platforms indicates a surge in the popularity of ice and snow equipment for vehicles. December 2023 saw the country's largest snowfall on record, with a maximum accumulation of 12.2 centimeters (4.8 inches), followed by continued snowfall throughout January. While main streets in Seoul are typically cleared of snow promptly to prevent it
February 9, 2024 -
Boy band Enhypen to go on encore tour in US
SEOUL -- Boy band Enhypen will go on an encore tour in April and May in the United States. The seven-member band will interact with fans in five regions starting with Anaheim, California on April 24. This encore tour, titled "FATE PLUS," serves as an extension of the "FATE," a six-month world tour held in 13 cities including Los Angeles and Tokyo. According to Belift Lab, the band's agency, FATE PLUS will also take place in Oakland, Tacoma, Rosemont, and Be
February 8, 2024 -
Russian envoy commemorates naval battle of Russo-Japanese War
SEOUL -- Russian Ambassador to the Republic of Korea, Georgy Zinoviev, led a floral tribute commemorating the 120th anniversary of the Battle of Chemulpo that ended with the sinking of two Russian Navy warships near the western port city of Incheon in 1904. The tribute took place at St. Petersburg Square in Incheon's Chemulpo harbor. "This year marks the 120th anniversary of the heroic battle fought by the cruiser Varyag and the gunboat Koreets against the Imperial Japane
February 8, 2024 -
Coupang takes top spot in S. Korean customer satisfaction for online shopping
SEOUL -- Coupang, the South Korean counterpart of global retail giant Amazon, took the first spot in a domestic customer satisfaction index for online shopping, beating the country's online shopping giant Naver. The satisfaction index was determined by multiple categories, including service quality, consumer experience, and how well the experience met customers' expectations. A total of five online shopping mall operators were involved. According to a survey of 1,500 South
February 8, 2024 -
S. Korea secures $3.2 bln deal to provide anti-missile system to Saudi Arabia
SEOUL -- South Korea has secured an export deal worth $3.2 billion to supply a medium-range surface-to-air missile system to Saudi Arabia. The weapon called "Cheongung-II" features the function of intercepting aircraft and ballistic missiles at an altitude of about 15 kilometers (9.3 miles). The missile interceptor is South Korea's core air and missile defense system against North Korea's ballistic projectiles. The defense solution can continuously fire a maximu
February 7, 2024 -
LG Chem secures $18.8 bln deal to supply EV battery electrode material to General Motors
SEOUL -- South Korea's major chemical company LG Chem secured a nine-year deal worth 25 trillion won ($18.8 billion) to supply key materials for electric vehicle batteries to General Motors. The global automaker will receive more than 500,000 tons of cathode materials, enough for over five million electric vehicles with a range of 500 kilometers (310.7 miles) on a single charge. Along with anodes, cathodes are used to help the conduction of electricity through electrolyte mate
February 7, 2024
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Global tech firms to present smart manufacturing solutions at 'Smart Factory + Automation World' in Seoul
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Occult thriller film 'Exhuma' attracts more than 10 mln moviegoers in 35 days of release
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Education company Visang provides smart Korean language learning platform 'Klass' to Vietnamese universities
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LS Cable embarks on construction of plant for new copper foil material
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US political turmoil reflects our wider society – in 2024 and earlier elections
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Avikus validates fuel-saving effect of self-sailing solution 'HiNAS Control'
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Le Sserafim's "Easy" named on Billboard's top 200 popular albums chart for four consecutive weeks
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Hanwha's cooperative robot wing showcases robot sommelier at 'Smart Factory + Automation World'
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Life expectancy in South Korea decreases for first time since 2000
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Lotte Rental achieves 'Baa3' credit rating from Moody's