Latest news
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SK picglobal opens world's first DPG-only production facility
SEOUL -- SK picglobal, a chemical joint venture in South Korea, opened a plant that can only produce about 30,000 tons of dipropylene glycol per year to meet a growing global need. Dipropylene glycol is a very useful reactive intermediate in various industries for its low toxicity and solvent properties that make it an ideal additive for perfumes and skin and hair care products. Dipropylene glycol is a co-product coming from the manufacture of mono propylene glycol. It is a water-so
November 28, 2022 -
Virtual influencer 'WAI' to make debut with ballad song
SEOUL -- WAI, a virtual influencer created by the operator of South Korea's famous video streaming service AfreecaTV, will make its debut with a ballad song titled "Want to Be a Star." The virtual influencer created using a full three-dimensional model will also root for South Korea's national football team participating in the FIFA World Cup Qatar 2022. The music video and the video showing the virtual model's support for the South Korean international foot
November 25, 2022 -
WeMade pledges legal action against 'death verdict' by crypto exchanges to delist native token
SEOUL -- The founder of South Korea's online game developer WeMade warned of legal action against a death verdict given by a coalition of domestic crypto exchanges led by Upbit to delist the native token of the company's blockchain ecosystem, saying that such an "unfair" action should not impede the establishment of a digital economy platform. "I think it's very unfair," WeMade CEO Henry Chang said in an online press conference on November 25 with t
November 25, 2022 -
Naver releases 'BTS Travel Book' for English and Japanese travelers in S. Korea
SEOUL -- Naver Snow, a web service platform operator affiliated with South Korea's internet portal giant Naver, has released a travel guidebook featuring the intellectual property of K-pop sensation BTS. The guidebook targets English and Japanese speakers visiting South Korea. South Korea, which had virtually closed its border to individual travelers at the height of a coronavirus pandemic in 2020 and 2021, opened its gates in early 2022, started issuing short-term visas in May
November 25, 2022 -
SK on ties up with China's GEM to establish nickel joint venture in Indonesia
SEOUL -- A U.S. inflation reduction act puts pressure on many South Korean companies to reduce their traditional reliance on Chinese raw materials and set up a diversified supply chain, especially in the manufacturing and distribution of electric vehicle batteries. Realistically, it's hard to cast off the yoke of the world's second-largest economic power which has already established itself as South Korea's indispensable trade partner. SK on, a battery maker affiliated w
November 25, 2022 -
Busan to work with global coffee barista community for coffee certification business
SEOUL -- South Korea's southern port city of Busan partnered with the Specialty Coffee Association, a nonprofit organization that issues global barista certificates, to nurture the city's coffee industry by establishing big data of green, unroasted coffee beans that baristas can access to choose the most ideal type of coffee for their shops. Visiting coffee shops has become an everyday culture in South Korea. It is common to see young students studying or chatting with fri
November 25, 2022 -
LG's agro-tech wing partners with rural county to accelerate adoption of smart farms
SEOUL -- Farm Hannong, the smart agricultural technology wing of LG Chem, has partnered with a rural county famous for its vast and fertile flatlands ideal for farming, to accelerate the adoption of smart farms and digital farming technology. Smart farming in South Korea with a 30-trillion-won ($22.5 billion) crop-farming sector is at its infant stage, mainly because of the aging population of farmers at an average age of 67 years old. Old farmers prefer to grow crops using traditi
November 25, 2022 -
BTS Jin urges fans to avoid flocking for farewell gathering near army boot camp
SEOUL -- Jin, the eldest member of K-pop superstar BTS, urged fans to avoid flocking for a farewell gathering on December 13 when he joins the boot camp of a front-line infantry division, which guards the inter-Korean border, to fulfill his compulsory military service. The 29-year-old will receive five weeks of training for his service at the infantry division known for tough training and military service as well as freezing weather in winter. The boot camp is located in Yeoncheon
November 24, 2022 -
Over 40% of S. Koreans willing to dump Netflix in case of ban on account-sharing: survey
SEOUL -- Netflix, an American subscription streaming service and production company, has gained overwhelming popularity in South Korea with greater support from young users. However, many subscribers here are willing to dump it if the world's biggest over-the-top service bans users from sharing accounts with their family members and friends. South Korea has some 42.8 million over-the-top (OTT) paid subscription users as of September 2022. Netflix is the top player with some 12 m
November 24, 2022 -
SK on partners with EV charger manufacturer to create battery diagnosis service
SEOUL -- SK on, the battery-making wing of South Korea's SK Group, teamed up with a sister company to develop a battery diagnosis service that would allow customers to diagnose the remaining life of batteries and the level of charging without any separate procedures while charging electric vehicles. The management of EV batteries has become crucial to keep cars in top condition. If batteries are poorly managed, they could combust to cause a fire that is really hard to put out. S
November 24, 2022
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Korea reports world's first demonstration of integrated operation of urban air mobility systems
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SNU professor to spearhead Korea's inaugural space agency
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HD Hyundai establishes new headquarters for marine energy businesses
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Video streaming services in Korea sharply raise subscription fees
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Korea launches first nanosatellite in New Zealand
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Pinkfong creates Baby Shark-themed musicals to captivate global fans
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LG Electronics, Kakao Mobility collaborate on delivery robot service
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Analysts predict poor earnings for major Korean game publishers in first quarter
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Carmakers, tech firms gather in Seoul for premier industry show
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Label control battle casts shadow over NewJeans' comeback