Latest News

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  LG Chem teams up with GS Caltex to develop 3HP mass production technologies SEOUL -- LG Chem teamed up with GS Caltex, a major refiner in South Korea, to jointly develop mass-production technologies of 3-hydroxypropionic acid, which is a biodegradable plastic material produced through a microorganism fermenting process of bio-materials such as glucose and unrefined glycerol derived from vegetable oil. 3-hydroxypropionic acid (3HP) is drawing attention as a next-generation platform chemical that can be used as raw materials for a variety of materials inclu 2021-11-18
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  Samsung shipyard demonstrates new LNG liquefaction process with high energy efficiency SEOUL -- In an event watched by foreign guests from international classification societies and developers, Samsung Heavy Industries, a major shipbuilder in South Korea, has successfully demonstrated its liquefaction process called "SENSE Ⅳ" that can produce more than two million tons of liquefied natural gas annually and has high energy efficiency. Samsung Heavy Industries (SHI) said the demonstration was carried out at its shipyard in the southern island of Geoje. SENSE 2021-11-18
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  S. Korean music experts to collaborate with AI composers to create soundtrack of silent films SEOUL -- Artificial intelligence composers will collaborate with humans to create soundtracks of silent films for the first time in South Korea. When an artificial intelligence composer creates melodies based on the situation of a scene in the movie, music experts will select and work on the most suitable soundtrack that matches the scene of the movie. According to the Korea Film Archive, the collaboration process between human and artificial intelligence (AI) composers will be demo 2021-11-18
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  Hyundai's new sport utility electric vehicle concept shows hygiene features SEOUL -- A new sport utility electric vehicle concept revealed by South Korea's Hyundai auto group at an auto show in Los Angeles drew attention with its space innovation and sanitary features such as a hygiene airflow system and sterilization using ultraviolet C, a subtype of ultraviolet light. Ultraviolet-C (UV-C) radiation is a known disinfectant for air, water and surfaces that can help mitigate the risk of acquiring an infection. The wavelength of UV-C ranges from 200 nm 2021-11-18
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  Researchers find micro algae variome for effective biofuel production SEOUL -- Researchers from a state nuclear technology institute have developed a variome of microalgae that is more effective in producing biofuel than its brother species. The new type of green algae can also be used in the production of bioplastics. Through photosynthesis, green algae use sunlight, water and carbon dioxide to create oxygen and energy in the form of sugar. Unconsumed sugar is stored inside cells in the form of starch. When green algae are fermented, starch turns int 2021-11-17
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  Norway's Equinor partners with S. Korean company to cooperate for offshore wind power projects SEOUL -- Equinor, a Norwegian state-owned multinational energy company, tied up with Korea East-West Power, a public power generation company, to cooperate for 3.0 gigawatts of offshore wind power projects in South Korea. The partnership underlines Equinor's strategy to take a leading role in developing a pipeline of offshore wind projects in a country that is actively pushing for a green energy campaign to expand the use of renewable energy. Under a memorandum of understand 2021-11-17
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  Can and plastic bottle collecting machines garner popularity in eastern city SEOUL -- Automatic can and plastic bottle retrieval machines gained huge popularity among citizens of Chuncheon City located east of Seoul. The usage rate of recycling machines increased by more than 40 times in 2021 compared to 2019. The machines attracted citizens by offering reward points that can be used like cash. According to Chuncheon, 32,257 kilograms of cans and 40,195 kilograms of transparent plastic bottles were collected through 14 automatic recyclable waste retrieval ma 2021-11-17
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  Researchers develop AI vision tech capable of recognizing irregular behavior to save people SEOUL -- South Korean researchers have developed an artificial intelligence vision technology that uses a closed-circuit television camera system to monitor the movement of people to see if there are any irregular activities such as collapsing. When an abnormal situation is detected, the system will alert its operator. The smart camera system will be installed in the central city of Daejeon for demonstration in June 2022. AI vision technology enables an AI system to use optical devi 2021-11-17
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  SK Ecoplant becomes largest shareholder of domestic wind farm subsrtructure maker SEOUL -- SK Ecoplant, formerly known as SK E&C, jumped into the rapidly growing offshore wind power market by becoming the largest shareholder of Samkang M&T, a domestic plant construction company that produces substructures for wind power turbines. The total investment stands at 460 billion won ($388 million). SK Ecoplant said in a regulatory filing on November 17 that it would acquire a 31.83 percent stake in Samkang M&T for 342.6 billion won and invest 116.9 billion 2021-11-17
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  Seoul's satellite city to demonstrate autonomous smart librarian robot SEOUL -- To provide a pleasant break time for citizens exhausted by hectic urban life, an autonomous librarian robot that can carry some 100 books will be tested at a riverside park in Seongnam, a southeastern satellite city of Seoul. The smart librarian robot will roam around walking tracks and lend books to visitors. Seongnam said in a statement on November 16 the smart librarian robot equipped with light detection and ranging (LiDAR) sensors will be demonstrated in December 2020. 2021-11-17
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  LegoChem secures big licensing agreement with Czech biotech Sotio SEOUL -- LegoChem Biosciences, a clinical-stage biopharmaceutical company in South Korea, has secured a license and option agreement with Sotio Biotech, a Czech biotechnology company that will obtain rights to deploy antibody drug conjugate technology for up to five therapeutic programs targeting distinct tumor-associated antigens. Antibody drug conjugates (ADCs) are an important class of highly potent biopharmaceutical drugs designed as a targeted therapy for the treatment of peo 2021-11-17
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  Kakao to create new open online commerce platform with zero referral fee SEOUL -- South Korea's web service giant Kakao will create a new open online commerce platform that will require zero referral fees from sellers. While most referral fees on Amazon, the world's largest online commerce platform, charge up to 15 percent on selling fees, South Korean online shopping malls demand up to 20 percent. Kakao's online commerce platform is integrated with Kakao Talk, the country's most favorite smartphone messenger app with some 45.6 million mo 2021-11-16
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  Kakao's online shopping wing teams up with southern province to promote sales of regional specialties SEOUL -- Kakao Commerce, the online shopping wing of South Korea's web service giant Kakao, has teamed up with North Jeolla Province to help local farmers and business operators increase the number of sales channels through Kakao's online shopping platform. Kakao Commerce will hold special events to promote sales of various agricultural products and regional specialties including ginseng. North Jeolla Province said in a statement on November 16 that the local government has 2021-11-16
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  Construction of ultrapure water demonstration plant begins to acquire core technologies SEOUL -- South Korea broke ground on an ultrapure water demonstration plant to acquire core technologies as part of a government campaign to reduce its heavy reliance on foreign products, especially from Japan. Ultrapure water is purified to uncommonly stringent specifications for use in the semiconductor industry and electronics manufacturing. The demonstration plant capable of producing 2,400 tons of ultrapure water a day will be completed in 2025 at the factory of SK Siltron, t 2021-11-16
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  Lotte joins U.S. and South Korean business alliance to demonstrate UAM test flights SEOUL -- Lotte, a conglomerate based in South Korea, joined a business alliance involving U.S. companies to promote demonstration flights for urban air mobility in a project led by the western port city of Incheon to open an air taxi service. Urban air mobility (UAM) is an ecosystem covering personal air vehicles and infrastructure such as a new navigation system, take-off and landing fields and charging technologies. Lotte Corporation, the holding company of Lotte Group, said tha 2021-11-16
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  Researchers propose new mechanism for mass production of chips using transition metals SEOUL -- Researchers have proposed a new mechanism that can become a game-changer in the semiconductor manufacturing industry. The single-crystal wafer-growing mechanism could provide a solution for the mass production of transition metal dichalcogenides regarded as next-generation semiconductor substrate material. Silicon in a single-crystalline form is commonly used as the main material for semiconductor substrates (wafers) because it is one of the most common elements. It is also 2021-11-16
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  Kakao's AI research unit unveils hyperscale Korean-language AI platform based on GPT-3 SEOUL -- The artificial intelligence research unit of South Korea's web service company Kakao unveiled KoGPT, a hyperscale Korean-language AI platform based on GPT-3, an autoregressive language model created by OpenAI, a San Francisco-based AI research lab. would be used to create a digital human. Kakao's platform would be used to create a digital human. GPT-3 with a capacity of 175 billion machine learning parameters uses deep learning to produce human-like text. with a 2021-11-16
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  Busan to operate doctor buses to offer healthcare services for elderlies SEOUL -- Through a 2 billion won ($1.7 million) state project, the southern port city of Busan will operate medical buses to provide healthcare services for elderlies by visiting public facilities including daycare centers. The buses will focus on providing medical checks for old people. Busan said in a statement on November 16 that the city will operate three medical buses for elderlies and provide healthcare services. The doctor buses, equipped with health monitoring devices, will 2021-11-16
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  Government task force launched to commercialize power generation using hydrogen and ammonia SEOUL -- South Korea launched a task force to speed up the commercialization of technologies using hydrogen and ammonia for power generation to reduce the use of fossil fuel for electricity generation. Gas turbines have become one of the most widely-used power generating technologies because they reduce the emission of fine dust and other air pollutants. Ammonia, which is a compound of nitrogen and hydrogen, contains no carbon but it needs pilot fuel for combustion. Ammonia fuel gen 2021-11-16
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  S. Korea demonstrates smart positioning technology for emergency situations SEOUL -- To effectively rescue citizens in case of emergency situations including fire and other natural disasters, South Korea's science ministry has developed and demonstrated smart positioning technology that can precisely locate people in need. The smart positioning technique helps rescuers effectively detect the location of people inside a building. The Ministry of Science, ICT said in a statement on November 15 that the ministry and the national fire station carried out th 2021-11-15