Latest News

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  Seoul to develop and commercialize recycling technologies for discarded batteries SEOUL -- Seoul will upgrade, demonstrate and commercialize recycling technologies developed by private companies. Two kinds of technologies -- recycling technology for discarded lithium-ion batteries and food waste reduction technology -- were selected from a list of some dozen technologies submitted by local enterprises. According to Seoul on November 2, the Seoul Institute of Technology will provide support to ER, a battery recycling company, to upgrade and commercialize battery- 2021-11-02
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  Researchers develop microrobot designed to deliver stem cells via intranasal pathway SEOUL -- Researchers have developed a stem cell-based microrobot called "cellbot" capable of delivering stem cells to the brain via intranasal passage using a minimally invasive method. The cellbot has the potential to become a key player in the treatment of neurological disorders such as brain cancer, Parkinson's disease and Alzheimer's disease. Stem cells are special human cells that can develop into many different cell types. In stem cell transplant therapy, s 2021-11-02
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  BTS agency predicted to diversify business portfolio into metaverse and NFT SEOUL -- Major entertainment companies in South Korea are paying attention to new technologies such as metaverse and non-fungible tokens that could utilize the growing worldwide influence of K-pop artists and their intellectual property to create new and stable sources of income. Hybe, the agency of K-pop wonder BTS with a powerful base of fans in many countries, is no exception. A non-fungible token (NFT) is a unit of data stored on a blockchain network of interlinked virtual led 2021-11-02
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  Uber and T Map's joint venture releases smart integrated mobility service app SEOUL -- A joint venture set up by American ride-hailing service operator Uber and T Map, the mobility service wing of South Korea's mobile carrier SK Telecom, has launched a new ride-hailing service. The new mobility service will compete against Kakao T, the country's most popular mobility service app operated by web service giant Kakao. UT said during a press conference on November 1 that the existing Uber app has been integrated with the UT app. Passengers can use UT serv 2021-11-02
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  LG Innotek's plant receives 100% Zero Waste to Landfill certification from UL SEOUL -- A plant operated by LG Innotek, the electrical component wing of South Korea's LG Group, has received the ZWTL (Zero Waste to Landfill) platinum grade from an American global safety certification company. The platinum grade is given to companies or plants that achieved a 100 percent recycling rate. LG Innotek said in a statement on November 2 that its plant located in the southern industrial city of Gumi received the platinum ZWTL certification from Underwriters Lab 2021-11-02
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  POSCO International signs product distribution contract with Petronas on gas exploration SEOUL -- POSCO International, a trading arm of South Korea's steel group, has signed a product distribution contract with Petronas, a Malaysian state oil and gas company, after working out detained conditions on the exploration of gas in waters off the east coast of the Malaysian Peninsula. Under a distribution contract, the contractor collects some of the crude oil and gas produced when the exploration is successful first for the purpose of recovering investment costs. POSCO 2021-11-01
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  Smart buses to provide on-demand transport service in northern city SEOUL -- The northern city of Paju will operate new public transportation called "demand response transport" (DRT). A DRT is a bus that uses artificial intelligence to create optimal routes in real-time depending on passengers' demands. Paju said in a statement on November 1 that the city will adopt the smart bus system. Paju has issued a designated DRT license on October 27 and the test operation will begin in November 2021. Smart buses will start their test operation 2021-11-01
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  Research institute opens virtual factory in metaverse environment SEOUL -- A state research institute has opened a virtual plastic screw factory in a metaverse environment. The test model will play a pioneering role as a global sales channel window for small and medium-sized enterprises that have unique core technologies. The metaverse is a virtual environment that uses virtual reality (VR), augmented reality (AR) and mixed reality (MR) technologies to simulate virtual worlds. Uses can communicate, experiment, and interact with other users or en 2021-11-01
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  Naver Cloud releases SaaS AI work-assistance solution SEOUL -- Naver Cloud, a cloud computing service wing of South Korea's web service giant Naver, has released an artificial intelligence-based software as a service (SaaS) work-assistance tool that can quickly take care of repetitive chores. Naver Cloud will provide a globally popular robotic process automation system through a cloud system for the first time in South Korea. A robotic process automation (RPA) system is frequently used to take care of repetitive and standardized ch 2021-11-01
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  Researchers develop new solid-state quantum structure material operational at room temperature SEOUL -- South Korean researchers have developed a new solid-state quantum structure material using silicon carbide nanowires. The new material featuring a fast recombination time exhibit outstanding optical properties of high-brightness single photons and is operable at room temperatures. A solid-state quantum bit (qubit) system is an electronic circuit used to build blocks of quantum processors. Quantum computing is regarded as a breakthrough in computing because the quantum proce 2021-11-01
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  KAI selected as preferred bidder for operation and mission system of new medium-altitude spy planes SEOUL -- Korea Aerospace Industries (KAI), the sole aircraft maker in South Korea, has been selected as the preferred bidder for a military project to develop the operation and mission system of new medium-altitude spy planes with domestic technology. It is the second-round program to enhance the performance of Baekdu-class planes. The Defense Acquisition Program Administration (DAPA), a state arms procurement agency, has launched a project worth 877.5 billion won ($745.6 million) 2021-11-01
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  Seoul to support independent content creators' foray into Chinese video platforms SEOUL -- Seoul City teamed up with a Chinese video content creator management agency to make a foray into various Chinese video content-sharing platforms. Seoul will provide a four-week online education program for South Korean creators who hope to gain more Chinese followers. The education will be organized by Chinese video content experts. Adoba is a Chinese multi-channel networks (MCN) platform company specialized in assisting South Korean creators to enter the Chinese market. Th 2021-11-01
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  S. Korea starts demonstration for automated construction technologies at smart city SEOUL -- South Korea has started the six-month demonstration of automated construction technologies including 5G-based machine guidance and machine control techniques at the central city of Sejong. The administrative city was built on a massive smart city platform which is an ideal testbed for future connected technologies. A smart city is a city platform with its components connected via wireless networks using 4G, 5G, WiFi, and internet of things (IoT) mobile communication techn 2021-11-01
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  SKC makes strategic investment in British firm with silicon anode technology SEOUL -- SKC, a chemical material unit of South Korea's SK Group, will embark on the production of silicon anodes for electric vehicle batteries by making a strategic investment in Nexeon, a British battery materials company with a unique silicon anode technology. The short-term goal is to acquire technology for the production of a composite anode material with low silicon content. SKC said in a statement on November 1 that its board approved investments in Nexeon through a cons 2021-11-01
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  Seoul to provide digital map of convenient facilities in riverside parks SEOUL -- For the convenience of visitors to riverside parks along Seoul's iconic Han River, the capital city will release a smart digital map service that can locate public toilets, small stores and other facilities. Seoul said that the smart digital map of 11 riverside parks will be released on November 1 through a smart map platform called "Smart Seoul Map." Visitors can access the map using PCs or smartphones and look for information about 218 facilities including b 2021-10-29
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  Doosan Heavy to demonstrate gas turbine powered by green hydrogen SEOUL -- Doosan Heavy Industries & Construction, a key player in South Korea's power industry, will work with a public power company to demonstrate a gas turbine powered by green hydrogen. Unlike blue hydrogen produced by applying carbon capture and storage to reduce CO2 emissions, green hydrogen can be produced through electrolysis, a process of passing an electrical current through an electrolyzer to split water and release only hydrogen and oxygen. Gas turbines have bec 2021-10-29
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  Seoul to provide safety education using virtual reality technologies SEOUL -- Seoul will provide safety education classes using virtual reality devices at urban construction sites with a high risk of safety accidents. 33 types of accident cases that frequently occur such as falling will be created into virtual classes to raise awareness of safety accidents. According to government data, 390 people died at construction sites in 2018. About 60 percent of fatal accidents were caused by falling. The Seoul Facilities Corporation (SFC), the capital city 2021-10-29
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  Seoul partners with logistics companies to accelerate adoption of clean energy vehicles SEOUL -- In a bid to reduce carbon emissions in logistics and food delivery, Seoul has partnered with logistics companies, electric bike retailers, and mobility service operators to accelerate the adoption of electric vehicles and electric motorcycles. The capital city aims to replace all fossil-fueled motorbikes and logistics trucks with electric or clean energy vehicles by 2025. Currently, there are about 30,000 food delivery workers using gasoline engine motorbikes and some 30,00 2021-10-29
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  (FOCUS) SKC promotes glass substrate as game-changer in semiconductor packaging SEOUL -- There is a growing need for glass as a carrier substrate in the packaging process of semiconductors as glass substrates for high-performance computing can increase the performance and power efficiency of computer chipsets. SKC, a chemical material unit of South Korea's SK Group, bets on glass-based substrates with a rosy outlook that it would be a game-changer. Glass substrates are future materials that are considered "a game-changer" in semiconductor packag 2021-10-29
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  MONSTA X's documentary film to hit theaters worldwide in December SEOUL -- A documentary film that contains the six-year history of K-pop band MONSTA X will be released in more than 70 countries. The video footage of the six-member band's experiences in the United States and exclusive interviews with the members will be included. MONSTA X's media agency Gramophone Media said in a statement on October 29 the film will be released as a gift to the band's fans known as "MONBEBE," starting with the first release in South Korea on 2021-10-29