Latest News

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  BTS grabs three trophies at Billboard Music Awards SEOUL -- BTS won three awards at the Billboard Music Awards. The seven-member band has grabbed trophies for six consecutive years at the prestigious American annual music awards event since 2017 when the band won the "Top Social Artist Award." The group won in "Top Duo/Group," "Top Song Sales Artist" and "Top Selling Song," Billboard said ahead of its award ceremony through its website on May 15. "Butter," the band's full Englis 2022-05-16
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  Mask-free outdoor arts festival attracts thousands of visitors on Children's Day SEOUL -- A rare scene involving thousands of people roaming freely inside a city square to enjoy summer festivities just like the pre-pandemic times was unfolded in Ansan southwest of Seoul on May 5's Children's Day. Couples, friends, and families applauded and burst into happy laughter while watching a variety of performances and participating in events and games. W 2022-05-13
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  LG Household & Health Care opens microbiome research center in Japan's northern island SEOUL -- LG Household & Health Care, a consumer goods company in South Korea, has opened a research center in Hokkaido, the northernmost of Japan's main islands, to develop natural fermentation and microbiome cosmetics targeting global customers. The region with a clean environment was favored as an ideal place for studying microbiomes and natural fermentation. The microbiome is a cluster of all types of microscopic organisms that co-exist with humans such as bacteria, fungi 2022-05-13
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  CJ ENM partners with France's Criteo to introduce TV Audience Extension technology SEOUL -- CJ ENM, a top media company in South Korea, partnered with Criteo, a Paris-based commerce media platform, to introduce "TV Audience Extension," a full-funnel marketing feature that combines TV broadcast advertisements and audience-first display advertisements. TV Audience Extension matches target users and discovers potential consumers with Criteo's Shopper Graph which is the world's largest commerce data, combined with Criteo's superior machine lear 2022-05-13
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  POSCO makes equity investment in Taiwan's Prologium to produce all-solid-state battery electrolytes SEOUL -- South Korea's leading steel group POSCO made a strategic equity investment in Taiwan's solid-state battery developer Prologium Technology to cooperate in the production of all-solid-state battery electrolytes for electric vehicles with the aim of pre-empting an emerging market for next-generation battery materials. POSCO Holdings said it has signed a contract with Prologium to jointly develop cathode materials for solid solid-state batteries, silicon anode material 2022-05-13
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  Hanwha Q CELLS launches new brand to make foray into EV charging service market SEOUL -- The photovoltaic cell-making wing of South Korea's Hanwha Group has launched a new brand to make a foray into the country's electric vehicle (EV) charging service market. The government aims to increase the number of private and commercial EV chargers from about 100,000 in 2022 to 500,000 by 2025. Boosted by a strong government campaign to go completely carbon-zero by 2050, South Korea's EV market is witnessing a boom like other countries. As of March 2022, the 2022-05-13
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  Taekwang Industry's board endorses new investment to boost aramid production SEOUL -- Taekwang Industry, a chemical and textile company in South Korea, will invest 145 billion won ($112 million) to boost the production of aromatic polyamide (aramid), a class of heat-resistant and strong synthetic fibers, from 1,500 tons to 5,000 tons per year by 2025 in response to a fast increase in global demand. Taekwang Industry said its board has endorsed the expansion of aramid production to strengthen competitiveness. "This investment decision is to preemptivel 2022-05-13
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  Hanwha Solutions discloses new investment to produce high-performance solar cells SEOUL -- Hanwha Solutions, a chemical and energy company affiliated with South Korea's Hanwha Group, will enhance the competitiveness of solar cells by building new production lines for high-performance photovoltaic cells and modules in South Korea and the United States. The new investment comes on the heels of fierce competition with Chinese companies. At Intersolar, a solar industry exhibition in Munich, Hanwha Solutions disclosed the planned injection of some 380 billion won 2022-05-12
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  State institute commercializes nasal spray-type medical device for disease prevention SEOUL -- A venture company established by South Korea's state research institute has received government approval to sell a newly-developed nasal spray-type medical device for the prevention of infectious diseases. The so-called spray-type mask is activated by light to eliminate viruses and germs that enter the nasal passage. The Korea Institute of Science and Technology (KIST) said that its bio venture company D.R.NANO was approved to sell the nasal spray-type medical device w 2022-05-12
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  Researchers work on alginate mass production to reduce S. Korea's reliance on imports SEOUL -- In an effort to reduce South Korea's heavy reliance on imports, a state marine research body in South Korea will lead a government project to develop technologies for the mass production of alginate, an anionic polymer that occurs naturally in brown algae. Alginates are used as a pharmaceutical or biomedical ingredient or as a compound for advanced biotechnology. Alginic acid is hydrophilic and forms a viscous gum when hydrated. With metals such as sodium and calcium, 2022-05-12
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  Hyundai Mobis works with German partner Vector to develop AUTOSAR-based standard software platform SEOUL -- Hyundai Mobis, a parts-making wing of South Korea's Hyundai auto group, will develop a standard software platform with its German partner, Vector, to maximize the competitiveness of vehicle software in the global automobile market. Hyundai Mobis has signed a memorandum of understanding with Vector for the joint development of AUTOSAR-based software platform. AUTOSAR is a development partnership of automotive interested parties with the aim of creating an open and sta 2022-05-12
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  KT partners with digital healthcare company to make foray into Vietnam's telemedicine market SEOUL -- South Korea’s top telecom company KT will work with HurayPositive, a domestic digital healthcare company, to make a foray into the Vietnamese telemedicine market. Using HurayPositive’s chronic disease management know-how, KT hopes to popularize its remote medical service in Vietnam where many patients suffer from diabetes. Through telemedicine services, doctors can provide healthcare for patients living in remote areas. Using phone or internet networks, they ca 2022-05-12
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  CJ ENM to open new drama production studio in Japan with Naver's webtoon service wing SEOUL -- CJ ENM, a media company that created the Oscar-winning film "Parasite," will open a new drama production studio in Japan through cooperation with the webtoon service wing of South Korea's web service giant Naver, as part of efforts to establish a multi-studio system and strengthen global content competitiveness. The new studio tentatively named "Studio Dragon Japan" will be set up by the end of June 2022 with a capital injection of 30 billion won ( 2022-05-12
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  SK Telecom works with domestic robot company to develop open data platform SEOUL -- SK Telecom, a leading mobile carrier in South Korea, joined hands with Integrit, an artificial intelligence-based robotics platform developer, to develop an open data platform that allows interworking between different robots, and lead the spread of a robot ecosystem. As intelligent robots in service are generally limited to information learning and data processing in the restricted space, there is a growing need for a standardized platform that can mutually share and pro 2022-05-12
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  Development of next-generation space launch vehicle proposed for deep space exploration SEOUL -- Unswayed by a slight technical glitch exposed in the launch of its first three-stage indigenous rocket in 2021, South Korea will push ahead with the development of a next-generation launch vehicle capable of thrusting bigger payloads for lunar or Mars exploration using a mixed fuel of liquid oxygen and kerosene. A blueprint drawn out by the Ministry of Science and ICT for the development of South Korea's next-generation space launch vehicle called "KSLV-III" w 2022-05-11
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  Hyundai Oilbank promotes white bio business with non-food resources SEOUL -- Along with blue hydrogen as well as eco-friendly chemicals and materials, Hyundai Oilbank, a petroleum and refining company affiliated with South Korea's Hyundai shipbuilding group, will promote "white bio" as a new growth engine by utilizing non-food resources such as oil dregs, waste cooking oil, and fallen palm fruits as raw materials. The bio Industry creates added value based on biotechnology by combining industrial technologies. Red bio refers to the bio 2022-05-11
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  European company Hardt to receive POSCO's steel material for hyperloop tubes SEOUL -- South Korea's steel group POSCO will supply PosLoop 355, a steel material for hyperloop tubes, to Hardt, a European technology company that has led a hyperloop development program in the Netherlands. Hyperloop vacuum tubes are used in a revolutionary bullet train project to transport passengers and cargo in special capsules through tubes with low pressure. Reduced-pressure tubes in which pressurized capsules ride on an air cushion driven by linear induction motors and a 2022-05-11
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  Researchers develop technique to visualize floral scent in real-time SEOUL -- Using a laser-based gas detection system, South Korean researchers have developed a technique for the visualization of flower fragrance patterns in real-time. The technique can be upgraded to be applied to gas detectors to monitor how volatile chemical compounds that can be easily vaporized are spread across indoor and outdoor spaces. Flowers emit sweet and fruity, or sometimes putrid scents to attract insects for pollination or ward off herbivores for protection. Scents i 2022-05-11
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  Vertical Aerospace joins consortium to demonstrate UAM service in S. Korea SEOUL -- Vertical Aerospace, a British aerospace manufacturer, will provide its electric vertical takeoff and landing (eVTOL) aircraft as the sixth member of a South Korean consortium that will participate in the demonstration of urban air mobility (UAM), an ecosystem covering personal air vehicles and infrastructure. Vertical Aerospace's eVTOL aircraft is the same model that will make a pilot flight along established flight paths in Paris during the 2024 Olympics. Vertical Aer 2022-05-11
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  K-pop singer AleXa wins NBC's music program 'American Song Contest' SEOUL -- Alexaundra Christine, an American singer and dancer better known by her stage name AleXa in South Korea, became the winner of an American TV channel NBC's music competition show called "American Song Contest." The 25-year-old K-pop singer who competed with 55 American artists including veteran singers Michael Bolton and Macy Gray will showcase her performance at the Billboard Music Awards in Las Vegas. "I am beyond words…Thank you so, so, much for 2022-05-11