Latest News

• 
  Seoul to promote adoption of abandoned animals through special benefits SEOUL -- Seoul will step up efforts to popularize the adoption of abandoned animals by offering pet insurance fees and special pet-related classes. About 39 percent of abandoned dogs and cats were rescued and sent to new families in 2021 and 9.5 percent were euthanized. About 130,000 animals including dogs (about 70 percent) and cats (about 25 percent) are abandoned in South Korea every year. About 55 percent of them were aged one year or less, according to the agriculture minist 2022-04-25
• 
  US partner Nuscale allows Doosan Enerbility to produce forging materials for small modular reactors SEOUL -- Under an agreement with its American partner, Nuscale Power, Doosan Enerbility, a key player in South Korea's nuclear industry, will produce forging materials for small modular reactors as early as 2022, with expectations for full-scale equipment manufacturing by the latter half of 2023. The materials to be produced will support NuScale's first commercial deployment of its power plant for Utah Associated Municipal Power Systems (UAMPS). Commercial operation of the 2022-04-25
• 
  Seoul upgrades commercial district analysis service to help small business operators SEOUL -- Seoul has upgraded its big data-based commercial district analysis service so that business operators and people who are preparing to launch their business can better analyze their business surroundings and market demands. Users will receive a range of data including rental costs, average sales per store and survival rates. Seoul's "Our Village Store Business Trend Analysis Service" was launched in 2015 to help small business owners review various factors be 2022-04-25
• 
  CJ OliveNetworks develops AR-based industrial safety solutions for easy facility management SEOUL -- CJ OliveNetworks, the information technology service operating wing of South Korea's CJ Group, has developed three augmented reality-based safety solutions that would help business operators safely and conveniently manage facilities. Augmented reality (AR) uses environments filmed with various types of cameras as a median tool for creating three-dimensional virtual objects that are displayed through a screen or a pair of smart glasses. Some AR solutions offer remote fe 2022-04-25
• 
  SK ecoplant partners with Singapore's Digital Edge to build large commercial data center in S. Korea SEOUL -- SK ecoplant, affiliated with South Korea's conglomerate SK Group, partnered with Digital Edge, a data center operator headquartered in Singapore, to build a large commercial data center. The partnership is part of SK ecoplant's strategy to expand its business area to South Korea's fast-growing data center market. SK ecoplant and Digital Edge launched a joint venture after signing a business agreement to jointly develop a hyperscale data center in a state indust 2022-04-25
• 
  SK Bioscience's COVID-19 vaccine acquires successful results in final-stage clinical trial SEOUL -- Based on successful results in final-stage clinical trials at home and abroad, SK Bioscience will seek to apply for state approval to commercialize its COVID-19 vaccine candidate codenamed GBP510 after securing data on its safety by the end of April. SK Bioscience said that GBP510 has produced successful results in phase 3 clinical trials involving 4,037 adults aged 18 or older in South Korea, Thailand, Vietnam, New Zealand, Ukraine, and the Philippines, such as showing e 2022-04-25
• 
  SK Telecom aims to launch air tax service with eVTOL from American partner Joby Aviation SEOUL -- SK Telecom aims to launch an air tax service based on an electric vertical takeoff and landing aircraft (eVTOL) from its American partner, Joby Aviation. On a trial basis, the mobile carrier will introduce an unspecified number of eVTOL units from Joby. SK Telecom (SKT) said it has secured an advantageous position on the introduction of Joby's eVTOL in South Korea. The deal followed a strategic partnership signed by the two companies in February 2022 to cooperate in urb 2022-04-25
• 
  Exports of S. Korean instant noodles surpass $70 mln up 20% on-year SEOUL -- Exports of South Korean instant noodles known as ramyeon soared 20 percent on-year to a record high of $71.5 million in March 2022, state data showed. The instant noodles that appeared in various Korean films including the Oscar-winning film "Parasite" have created a global online phenomenon, with consumers uploading themselves eating hot noodles onto YouTube. Data released by state-run tax organization Korea Customs Service showed that exports of ramyeon stood 2022-04-25
• 
  Researchers develop electrochemical catalyst capable of producing ethylene from carbon dioxide SEOUL -- A joint team of researchers has developed an electrochemical catalyst using a copper-aluminum alloy that can create ethylene from carbon dioxide. Normally, ethylene is produced using fossil fuel but greenhouses gases are also generated in the process. Ethylene is a hydrocarbon regarded as the world's most important chemical. The hydrocarbon containing carbon-carbon double bonds is produced by heating natural gas. Ethylene is a starting material for polyethylene that is 2022-04-25
• 
  LG Chem develops plastic material capable of delaying flame propagation in battery pack SEOUL -- LG Chem, a chemical unit of South Korea's LG Group, has developed a highly functional fire-retardant engineering plastic material that delays thermal runaway in electric vehicle batteries for the longest time in the world. The commercial construction of the new material that can help drivers earn time to evacuate and extinguish a fire is to begin in 2023. LG Chem said its fire-retardant engineering plastic material can help prevent flame propagation caused by thermal 2022-04-25
• 
  SD Biosensor acqures Italia's medical device distributor Relab SRL to boost sales in Europe SEOUL -- SD Biosensor, an in-vitro diagnostics company that produces antigen self-testing kits, will acquire Italia's medical device distributor Relab SRL for about 61.9 billion won ($49.9 million) to strengthen its distribution network in Europe. The company has expanded its portfolio with abundant cash reserves and brisk exports. In a regulatory filing on April 22, SD Biosensor said that the acquisition of a 100 percent stake in Relab on June 30 is aimed at participating in ma 2022-04-22
• 
  Seoul to analyze why elderlies find it hard to use digital kiosks SEOUL -- Seoul has partnered with a domestic digital kiosk maker to analyze the reason why old people find it hard to use unmanned ordering machines. A new standardized user interface will be developed based on the analysis and surveys. Digital kiosks are widely adopted at South Korean restaurants because shop owners cans save operating costs. The ordering machine with a large touch screen display 2022-04-22
• 
  [FOCUS] S. Korea's SLBM program shows progress through consecutive launch SEOUL -- South Korea's infant submarine-launched ballistic missile program showed considerable progress through the consecutive release of two rounds in an unheralded test launch that came seven months after the first open launch from a 3,000-ton attack submarine in the presence of President Moon Jae-in. The South's defense ministry belatedly confirmed that two submarine-launched ballistic missiles (SLBMs) were fired consecutively in 20 seconds from South Korea's fir 2022-04-22
• 
  Hyundai Rotem selected for demonstration of liquefied hydrogen charging station SEOUL -- Hyundai Rotem, a subsidiary of South Korea's Hyundai auto group, has been selected for a provincial government project to demonstrate a liquefied hydrogen charging station. This is the first time to demonstrate a liquefied hydrogen charging station with domestic technology. Under a deal with Gangwon Technopark, the operator of science and technology centers in the province of Gangwon, Hyundai Rotem would lead the demonstration of a liquefied hydrogen charging station w 2022-04-22
• 
  Seoul to popularize reusable containers through partnership with major food delivery operators SEOUL -- In an effort to reduce plastic waste generated by disposable delivery food containers, Seoul will accelerate the adoption of reusable food containers by expanding service areas. Through a four-month pilot project involving some 100 popular restaurants that began in a southern district in October 2021, the capital city found that the rate of consumers choosing reusable dishes over disposable containers has increased by 30 percent every week. According to data released by th 2022-04-22
• 
  Kakao Games invests $15 million in Playable Worlds to boost game-developing capabilities SEOUL -- In an effort to boost game-developing capabilities and expand its influence abroad, the game publishing wing of South Korea's web service giant Kakao has invested $15 million in Playable Worlds, an American company that creates cloud-native online games. The strategic investment was made through the European branch of Kakao Games to develop differentiated cloud-native games and metaverse platforms. Cloud-native games use the cloud to process certain parts of the game, 2022-04-21
• 
  Seoul's civil complaint call center to upgrade AI-based civil complaint service SEOUL -- Seoul's civil complaint call center will upgrade its artificial intelligence-based customer service to take care of waves of inquiries. Chatbots and voicebots will carry out simple and repetitive tasks so that human assistants can focus on complicated inquiries. AI-based customer services are used in various sectors due to their efficiency. Chatbots communicate with customers through text conversations and voicebots are specialized in verbal conversations. Customers 2022-04-21
• 
  Researchers develop empathetic haptic skin capable of detecting complicated touch motions SEOUL -- Inspired by a thin and elastic polymeric food wrap product, South Korean researchers have developed an empathetic haptic skin that can detect complicated touch motions such as fondling, stroking, pinching, and twisting to emotionally interact with human counterparts. The artificial skin can be used for the creation of care or pet robots. Various types of haptic sensors are being developed globally. Sensors capable of detecting pressure and movements are normally produced i 2022-04-21
• 
  LG's lighting system wing ZKW provides smart digital lighting to Range Rover SEOUL -- Jaguar Land Rover's new "Range Rover" sports utility vehicle will be installed with smart headlights from ZKW Group, an Austrian automotive lighting system producer affiliated with South Korea's LG Electronics. ZKW's light-emitting diode (LED) headlights produce glare-free high beams that automatically block out oncoming or other road users. The smart digital lighting automatically produces glare-free high beams, detects the width of the road, and illu 2022-04-21
• 
  Researchers develop high-energy hybrid lithium-ion battery capable of charging at lightning speed SEOUL -- South Korean researchers have developed a high-energy, high-output hybrid lithium-ion battery that can be charged at a lightning speed. The super-fast-charging battery can be utilized in many fields including electric vehicles, drones, and other smart devices. Lithium-ion batteries are one of the most used in the world. Lithium-based batteries are lighter and smaller in size compared to other battery types, contributing to the miniaturization of portable devices including 2022-04-21