Latest News

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  SK Innovation works with Kia to recycle spent electric vehicle batteries SEOUL -- SK Innovation, a major electric vehicle battery maker in South Korea, will work with Kia Motors to establish an industrial ecosystem for recycling spent batteries from EV6, a new electric vehicle to be released by the car company in the second half of this year. The partnership followed a joint demonstration project that began in March 2020. Kia's batteries with excellent residual performance will be divided into modules or packs to be reuse 2021-04-29
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  EOFlow's subsidiary uses MXene material for development of wearable dialysis system SEOUL -- For improved dialysis therapy, the American subsidiary of EOFlow, a provider of wearable drug delivery solutions in South Korea, will go ahead with the development of an innovative wearable dialysis system, using MXenes, a two-dimensional material that showed a good performance in filtering urea. MXenes, composed of titanium and carbon atoms, have been developed by Yury Gogotsi and Michel Barsoum at Drexel University, a private research university in P 2021-04-29
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  S. Korea eases regulations for early use of autonomous robots capable of boarding elevators SEOUL -- South Korea's top economic official promised to ease robot-related regulations and allow delivery robots to travel between floors using elevators sometime this year. The move underlines government efforts to realize the early commercial use of self-driving robots at apartments and office buildings ahead of other countries. The good news for the developers of intelligent service robots and self-driving algorithms like Woowa Brothers, the opera 2021-04-29
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  Dexter Studios selected for state project to improve VFX technology SEOUL -- Dexter Studios has been selected for a state project to establish industry standards and improve South Korea's visual effects (VFX) technology. When development is completed, cross-work between computer graphics companies and file reading will be easy. Dexter is a VFX company known for its role in South Korean blockbuster films "Along with the Gods" and "Space Sweepers." VFX is the process by which imagery is created or manipulat 2021-04-29
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  Researchers demonstrate unmanned robot management system of public utility facilities SEOUL -- A state research institute has demonstrated an unmanned robot facility management system that is ideal for monitoring underground public utility facilities that consist of winding tunnels filled with cables and other structures. The robot system would help prevent disasters, and emergency workers can find their way around inside underground facilities. An underground public utility facility is a network of sub-terrain tunnels that connect city infrastruc 2021-04-28
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  National treasures, masterpieces among late Samsung chairman's art collection to be donated: Yonhap SEOUL -- The vast art collection that heirs of the country's biggest conglomerate Samsung pledged to donate has turned out to be a treasure trove of national treasures and masterpieces by renowned artists here and abroad. Late Samsung Group chief Lee Kun-hee's family announced that they would pay more than 12 trillion won ($10.7 billion) in inheritance taxes, the largest amount in the country's history. They also unveiled plans to donate one trillion won to 2021-04-28
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  S. Korea launches project to develop universal test platform for ship propulsion systems SEOUL -- As part of efforts to reduce greenhouse gas and create an eco-friendly ship industry ecosystem, South Korea will develop a universal platform by 2025 that can test and demonstrate various propulsion systems such as electricity and hydrogen with one ship. A test and research center will be built in the southwestern port of Mokpo. The test platform can dramatically reduce costs because only one demonstration vessel needs to 2021-04-28
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  China's TransThera commercializes LG Chem's drug candidate for autoimmune diseases SEOUL -- TransThera Biosciences, a clinical-stage biotech company in China, will develop and commercialize LG Chem's new drug candidate for autoimmune diseases in the Chinese market. The two companies would strengthen their strategic partnership and accelerate the development of new drugs. LG Chem, a chemical wing of South Korea's LG Group, has developed LC510255, a new orally administered drug that promotes the expression of an S1P1 protein that contr 2021-04-28
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  SK E&C demonstrates solid oxide fuel cell generation with byproduct hydrogen SEOUL -- SK E&C, a builder affiliated with South Korea's third-largest conglomerate SK Group, has embarked on the demonstration of a solid oxide fuel cell (SOFC) power generation facility running on byproduct hydrogen. The demonstration aims to see if the fuel cell generator system is fully self-sustainable and carbon-free. The builder will accelerate its SOFC business through the commercialization of related technologies. Polymer electrolyte membrane 2021-04-28
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  Hanwha Systems joins development of high-performance 3D camera for autonomous driving SEOUL -- Hanwha Systems, a key defense contractor in South Korea, will lead the development of high-performance night vision technology based on thermal imaging cameras for autonomous driving. Night vision is the ability to see in low-light conditions and uses far-range infrared sensors. Hanwha Systems said it has participated in a consortium led by Erae AMS, an automotive parts maker, that was selected as a preferred bidder for a project to develop a t 2021-04-28
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  ​Hyundai unveils high-performance SUV 'Kona N' SEOUL -- South Korea's carmaker Hyundai Motor released a beefed-up, high-performance version of "Kona," a compact sport utility vehicle targeting global consumers who want affordable cars that can pack a hefty punch in everyday driving situations. Hyundai's motorsport "N" brand was launched in 2015 to create pumped-up versions of so-called "fun cars." N benchmarked other high-performance brands. Three N compact hatchba 2021-04-27
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  New ferry launched for operation on sea route suspended by 2014 Sewol disaster SEOUL -- A 27,000-ton ferry equipped with various safety facilities was launched for operation on a sea route which was suspended following the tragic 2014 sinking of a ship packed with high-school students. The new ferry named "Beyond Trust" maximized resilience with low-weight and low-center design. The new Ro-Pax ferry built at Hyundai Mipo Dockyard in the southeastern port of Ulsan will be delivered to its owner, Hydex Storage, in September for operatio 2021-04-27
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  Hanwha Solutions leads national project to develop technology for chemically recycling waste plastic SEOUL -- Hanwha Solutions, a renewable energy service provider in South Korea, has been selected for a national project to develop a green technology capable of chemically recycling waste plastic by 2024 to produce naphtha based on pyrolysis oil, sometimes known as bio-crude, which is a synthetic fuel obtained by heating dried biomass without oxygen. Pyrolysis is a chemical recycling process that can convert plastics into high-quality oil. Chemical 2021-04-27
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  'Academy isn't everything:' Actress Youn Yuh-jung reveals feelings about Oscar trophy SEOUL -- "I don't know if this moment is the best in my life. The Academy isn't everything. Is it?" This is what actress Youn Yuh-jung revealed her frank thoughts just after the 73-year-old grabbed an Oscar trophy for Best Supporting Actress for her role in the 2020 film "Minari" directed by Lee Isaac Chung. Youn earned enormous praise from fans, including President Moon Jae-in, as the first Korean and second Asian actress to take the tr 2021-04-27
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  S. Korea develops technology to detect aircraft using stealth technology SEOUL -- Through four years of independent research, South Korea's state defense research body claimed to have developed technology capable of tracking stealth fighters. The technology will be used for the establishment of a wide-area surveillance radar system to track fighter jets from China, Russia and other countries which have staged air operations in Northeast Asia. In a four-year project that began in 2016, the Agency for D 2021-04-27
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  Tera Science becomes largest shareholder of U.S. cancer vaccine developer OncoPep SEOUL -- Tera Science, a technology company based on core parts materials in South Korea, has become the largest shareholder of OncoPep, an American developer of targeted immunotherapeutics against cancer, by acquiring a 26.1 percent stake worth 24 billion won ($21.6 million). Through the acquisition of shares in OncoPep, Tera Science said it is able to secure a new growth engine. "Tera Science has secured a new growth engine in bio businesses by bec 2021-04-27
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  K-pop wonder ​BTS to drop new digital single 'Butter' in May SEOUL --K-pop sensation BTS will drop a new digital single titled "Butter" on May 21, the seven-member band's agency said. Butter is the group's second full-English song after "Dynamite," a disco-pop song that was released in August 2020 and stayed in Billboard's top 100 most popular song chart for 32 consecutive weeks. "Brimming with the inimitable charm of BTS, the new single 'Butter' will melt its way 2021-04-27
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  S. Korea pushes ahead with development of homemade attack choppers for marine force SEOUL -- A state arms procurement agency won final approval to push for the development of new attack choppers that would support landing operations by South Korea's marine force, based on a homemade transport utility model which has been in service, instead of field-proven foreign models. A conference chaired by Defense Minister Suh Wook on April 26 endorsed a military project to develop the at 2021-04-27
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  Southern satellite town district designated as demonstration zone for autonomous vehicles SEOUL -- Pangyo, a town district in a satellite city south of Seoul, was designated as a demonstration zone for autonomous vehicle technologies and related services. The district well known as the home of the country's iconic tech giants Naver and Nexon is now open for private companies to roll out test services for various mobility services such as self-driving shuttles. South Korea has a nationwide 4G and 5G mobile communication network that is ideal for connec 2021-04-26
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  ​Coupang to create original drama series starring popular actor Kim Soo-hyun South Korean actor Kim Soo-hyun smiles during a fan ceremony. SEOUL -- South Korea's ecommerce giant Coupang has partnered with a major domestic media content company to create an original drama series featuring popular actors Kim Soo-hyun and Cha Seung-won. The drama series titled "Some Day" is a remake of a 2008 British drama series "Criminal Justice." Coupang, known as the South Korean counterpart of Am 2021-04-26