Latest News

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  S. Korea to lead international standardization of green hydrogen production technology SEOUL -- South Korea will lead the international standardization of green hydrogen production technology. The country’s standards agency predicted that the standardization will boost South Korea’s presence in the global hydrogen economy. Green hydrogen does not generate greenhouse gases during its production process. It is created using a water electrolysis technique based on renewable energy sources. Many hydrogen companies have adopted water electroly 2021-07-30
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  Researchers develop programmable, powerful, and ultra-fast water-driven self-operating soft actuator SEOUL -- Researchers have introduced a programmable, powerful, and ultra-fast water-driven self-operating soft actuator, inspired by the mutable collagenous tissue of sea cucumber that reacts with water and changes its form freely. The actuator can be used in various fields such as robot grippers, wound closures and artificial fingers. An actuator is a component of a machine that is responsible for moving and controlling a mechanism or system. It uses changes 2021-07-29
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  Hyundai Motor and LG team up to invest $1.1 bln in battery joint venture in Indonesia SEOUL -- South Korea's Hyundai auto group teamed up with the battery-making wing of LG Group to jointly invest $1.1 billion in the establishment of an equally-owned battery joint venture in Indonesia. Mass production of battery cells is to commence in the first half of 2024. The joint venture underlines efforts by the two groups to bolster their presence in global markets. The auto group signed a memorandum of understanding with LG Energy Solution (LGE 2021-07-29
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  ​Shinsegae jumps into alternative meat market, rolls out cold cut sandwich thru Starbucks SEOUL -- Through a five-year research program to acquire independent technologies, a food company affiliated with South Korea's retail group Shinsegae joined a race to produce alternative meat, starting with lunch meats, known as cold cuts, which are precooked or sliced and typically served in sandwiches or on a tray. The first product of Shinsegae Food's alternative meat brand "Better meat" is three kinds of cold cuts -- Westphalian ham 2021-07-29
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  Hyundai Motor works with domestic partner to develop hydrogen mobile power generation system SEOUL -- South Korea's Hyundai Motor tied up with Hyundai Electric & Energy Systems, a domestic electrical equipment manufacturer and energy solution provider, to develop a hydrogen fuel cell package for mobile power generation that would be used at industrial fields such as construction sites and port facilities. The auto group said that its fuel cell experience would be combined with Hyundai Electric's power equipment expertise to develop a h 2021-07-29
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  S. Korea approves fast-track commercialization of artificial corneal transplant SEOUL -- South Korea’s drug ministry paved a way for a new treatment of corneal disorders by approving artificial corneas as an innovative medical device for the first time. The ministry said the device will provide new treatment opportunities for patients suffering from severe eye problems which can lead to blindness. Through a series of evaluations, the Ministry of Food and Drug Safety designates innovative medical devices with better capabilities than conv 2021-07-29
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  ​S. Korea launches state project to create disaster risk map for land creep SEOUL -- South Korea will create a digital disaster risk map for land creeping, which is the slow downslope movement of soil layers due to the influence of groundwater and external impacts in the mountain slope. There were no latest figures, but some 35 land creep cases were reported in 2018. While devastating landslides occur on the top layer of soil to sweep down the mountain slope at fast speeds, a land creep phenomenon literally takes place 2021-07-28
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  LIG Nex1 completes demonstration of new unmanned coastguard patrol boat SEOUL -- LIG Nex1, a defense contractor involved in the development of radar and missile guidance systems, has completed the development and demonstration of a new unmanned coastguard patrol boat equipped with state-of-the-art surveillance equipment, a remote shooting control system, and a guided rocket launcher. LIG Nex1 said the Haegum-3 unmanned boat features high seaworthiness, artificial intelligence-based autonomous operation technology and enhanced comba 2021-07-28
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  Hancom Group signs contract to accelerate smart city project in Sejong SEOUL -- Hancom, a comprehensive information technology company in South Korea, has signed a partnership with the central city of Sejong to build a sustainable smart city infrastructure that incorporates artificial intelligence, big data, and autonomous technologies. The partnership will accelerate the establishment of a citywide smart system network designed to improve the livelihood of citizens. Hancom said that it would apply various solutions including urban mo 2021-07-28
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  Hyundai E&C wins $428 mln deal to build new airport terminal in Peru SEOUL -- A joint venture led by Hyundai Engineering and Construction, a major builder in South Korea, has secured a deal worth $428 million to build the passenger terminal of a new airport near the city of Cusco in southeastern Peru. The builder secured an order in March to clear land for the new airport in Chinchero. Hyundai E&C controls 35 percent of the joint venture that also involves Sinohydro, a Chinese engineering and construction company, Me 2021-07-28
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  [INTERVIEW] Pharmaceutical industry wants full government support to enhance international competitiveness SEOUL -- A COVID-19 pandemic has activated the consignment production of vaccines developed by multinational pharmaceutical companies in South Korea, elevating the status of domestic pharmaceutical and bio companies that have exhausted efforts over the past decade to innovate quality and develop new drugs, becoming a crucial industry like automobiles and semiconductors. The domestic pharmaceutical market has seen steady growth, promoting itself as a social 2021-07-28
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  Seoul's eastern satellite city to adopt wearable robot for rehabilitation SEOUL -- An eastern satellite city of Seoul will adopt wearable robots to help the rehabilitation of patients with walking disorders. The rehab robot system can track and monitor the movement of patients to provide personalized programs. Some 300 million won ($250,000) in state money will be injected into the rehab robot project involving P&S Mechanics, a domestic wearable robot maker, Namyangju said in a statement on July 27. The robot training syste 2021-07-27
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  Hyundai's hydrogen fuel cell truck secures solid bridgehead for U.S. distribution SEOUL -- South Korea's Hyundai auto group secured a solid bridgehead for the distribution of its heavy-duty trucks powered by hydrogen in the United States by gaining the support of California funding agencies and local communities to demonstrate an upgraded model called "Class 8 XCIENT Fuel Cell" with a maximum driving range of about 800 kilometers (497 miles). Hyundai's 30 demo trucks will be deployed to northern California by the secon 2021-07-27
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  Doosan Heavy ties up with public power supplier to develop hydrogen gas turbine and burne SEOUL -- Doosan Heavy Industries & Construction, a key player in South Korea's power industry, tied up with a public power supplier to develop an eco-friendly hydrogen gas turbine and its burner. The partnership underlines South Korea's efforts to achieve the early development and commercialization of a commercially viable gas turbine powered by hydrogen. Gas turbines have become one of the most widely-used power ge 2021-07-27
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  Oshkosh-Hanwha consortium selected to compete for concept design of new U.S. infantry fighting vehicle SEOUL -- A consortium led by U.S defense contractor Oshkosh Defense and its South Korean partner, Hanwha Defense, has been selected to compete for the concept design of a new armored combat vehicle that would replace the U.S Army's M-2 Bradley infantry fighting vehicle which has seen service since the early 1980s. The Oshkosh-Hanwha team has been selected as one of the five contenders for the concept design phase of the optionally manned fighting vehi 2021-07-27
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  S, Korea develops heat-resistant material for spacecraft using specially treated carbon fiber SEOUL -- South Korea has developed the world's first core heat resistant material made of lyocell-based carbon fiber that is used for the propulsion system of space launch vehicles or guided weapon systems. The material is created by carrying out a continuous heat treatment process to convert lyocell fibers into carbon fibers. When commercialized, it will reduce South Korea's dependency on foreign products. Lyocell is a form of rayon, a fiber that can be cre 2021-07-27
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  Hanhwa Techwin sets up CCTV to monitor Iceland’s volcanic eruptions SEOUL -- Hanwha Techwin, a leading surveillance and optoelectronics company in South Korea, has set up durable and high-performance closed-circuit televisions in Iceland’s Reykjavik region to observe volcanic activities that sometimes damaged the entire European economy, suspending major sporting events and airline operations. Hanwha Techwin's surveillance device would monitor volcanic activities without being affected by harsh environments full 2021-07-27
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  State project launched to develop personal location call device for troubled fishermen SEOUL -- South Korea will develop a personal location call device to quickly rescue fishing sailors when they are in distress at sea due to collision, fire and other marine accidents. It will be developed in various forms such as watches, necklaces, or a type attached to life vests so that troubled fishermen can conveniently and effectively use personal location transmitters in an emergency situation and send locations automatically thr 2021-07-27
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  Samsung Electronics unveils Quantum Mini LED curved display for gaming SEOUL -- Samsung Electronics unveiled a new curved gaming monitor, the Odyssey Neo G9, enhanced with a new light source called Quantum Mini LED which has thin microlayers filled with many more LEDs. It is the industry's first Quantum Mini LED curved display that delivers the most refined detail regardless of the game played. Featuring Quantum Matrix Technology combined with super-fast response and refresh rates, Samsung said the new monitor deliv 2021-07-27
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  CJ ENM's virtual production studio adopts Samsung's massive microLED screen SEOUL -- A virtual production studio to be built by CJ ENM, the South Korean entertainment group that produced the Oscar-winning 2020 film "Parasite," will feature a massive micro light-emitting diodes screen measuring over 1,000 inches that can produce vibrant colors and details supporting up to 16K high-resolution content. Compared to conventional display technologies, micro light-emitting diode (microLED) technology offers better contr 2021-07-27