Latest news
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Pinkfong creates Baby Shark-themed musicals to captivate global fans
SEOUL, April 24 (AJU PRESS) - Pinkfong, the creator of a catchy cartoon song "Baby Shark," will go on a world tour with its musicals, the Korean educational entertainment company said Wednesday. The musical titled "Baby Shark's Big Broadwave Tour" will be showcased in 34 regions in the United States including Iowa, Ohio, Minnesota, and Louisiana. The show is an extension of the animated children's television series "Baby Shark's Big Show!"
April 24, 2024 -
LG Electronics, Kakao Mobility collaborate on delivery robot service
SEOUL, April 23 (AJU PRESS) - LG Electronics will provide its autonomous robot "CLOi" for Bring, a delivery service app by Kakao Mobility set to be launched this Friday. When users place orders for coffee and food via the Bring app, CLOi robots will deliver them to offices, hotels, and many other facilities. The robot, capable of transporting products weighing up to 30 kilograms (66.1 pounds), can serve up to four locations. Staff members will load the items into the d
April 23, 2024 -
Analysts predict poor earnings for major Korean game publishers in first quarter
SEOUL, April 23 (AJU PRESS) – Analysts predict lackluster earnings for Korea’s major game publishers in the first quarter of the year amid an economic slowdown and a dearth of hit games, according to data released on Tuesday. According to FnGuide, a securities information service, securities firms predicted that KRAFTON, the publisher of the popular online and mobile game "PlayerUnknown's Battlegrounds" (PUBG), is likely to report an operating profit of 2
April 23, 2024 -
Carmakers, tech firms gather in Seoul for premier industry show
SEOUL, April 23 (AJU PRESS) – The world's leading companies in the electric vehicle industry will showcase their latest products and technologies at the 37th International Electric Vehicle Symposium and Exhibition (EVS37), which kicked off on Tuesday for a four-day run at COEX in southern Seoul. About 160 companies from 12 countries are participating in the world's largest and oldest EV conference-cum-exposition, known as the "Olympics of the EV Industry,"
April 23, 2024 -
Label control battle casts shadow over NewJeans' comeback
SEOUL, April 23 (AJU PRESS) - An apparent power struggle over control of the music label behind NewJeans is casting a shadow over the highly anticipated comeback of the popular K-pop girl group. Entertainment giant HYBE said Monday it is conducting an audit of the management of its affiliate, ADOR, on suspicion that CEO Min Hee-jin is seeking to take over the management control of the label. The investigation, launched on the same day, targets Min and another ADOR executive, acco
April 23, 2024 -
N. Korean leader praises accuracy of short-range ballistic missiles
SEOUL, April 23 (AJU PRESS) - North Korean leader Kim Jong-un has praised the accuracy of Pyongyang's short-range ballistic missiles (SRBMs) after guiding a nuclear counterattack drill on Monday. Kim said that the drill was part of efforts to enhance its tactical nuclear strike capabilities, which are being developed as deterrents against hostile activities by South Korea and its allied forces. According to South Korea's Joint Chiefs of Staff, North Korea fired multiple SR
April 23, 2024 -
Hyundai Motor, Matrix Renewables sign solar energy deal for EV plant in US
SEOUL, April 22 (AJU PRESS) - Hyundai Motor Group will use solar energy to power its electric vehicle plant currently under construction in Georgia, the Korean conglomerate said Monday. Hyundai has recently signed a 147-megawatt power purchase agreement (PPA) with Matrix Renewables, under which the carmaker will receive electricity generated from the Spanish firm’s 210-megawatt solar power project in Texas, slated to begin operations in October 2025. In the largest renew
April 22, 2024 -
Korean oil refiners harness pyrolysis technology to recycle plastics
SEOUL, April 22 (AJU PRESS) - Major Korean oil refiners are ramping up projects to utilize pyrolysis technology for recycling plastic products as part of efforts to reduce carbon emissions. In the thermal decomposition process, extreme heat and pressure are used to break down plastics into crude oil or raw polymer material. GS Caltex said on Monday it utilizes crude oil extracted through a pyrolysis recycling process to produce petroleum products at its plant located in the sou
April 22, 2024 -
Russia pushes back against cancellations of ballet shows in Seoul
SEOUL, April 22 (AJU PRESS) – Russia has criticized South Korea over the recent cancellations of Russian ballet performances in Seoul amid Moscow's ongoing war against Ukraine. Last week, a Bolshoi Ballet show scheduled for April 16-18 was called off one day before the opening. In March, the performance by Russian star ballerina Svetlana Zakharova, scheduled for April 17-21, was abruptly scrapped at the last minute. In an Instagram post on Friday (local time), the Russ
April 22, 2024 -
Korea witnesses aging workforce trend in SME labor market
SEOUL, April 22 (AJU PRESS) - Amidst Korea's rapidly aging population and a trend of young individuals steering clear of smaller enterprises, the labor market has seen a rise in the number of older workers in 2023. Data from Statistics Korea revealed on Monday that individuals in their 20s and 30s comprised 30.9 percent of the total small-and-medium-sized enterprise (SME) workforce of 25.3 million. Employees aged 50 and above constituted 47.8 percent of the workforce. The p
April 22, 2024
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Seoul aims to revitalize Han River into leisure, tourism hub
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Education startup Mathpresso makes TIME's top edutech company list
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Vietnamese schools adopt AI-based Korean learning platform
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VISUALS: Premier electric vehicle fair underway in Seoul
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HYBE takes legal action against NewJeans agency CEO amid management control feud
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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