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VISUALS: Premier electric vehicle fair underway in Seoul
SEOUL, April 25 (AJU PRESS) - The 37th International Electric Vehicle Symposium and Exhibition (EVS37) is under way at COEX in Seoul. About 160 companies from 12 countries are participating in the world's largest and oldest EV conference and exposition running from Tuesday to Friday. The 37th event is hosted by the World Electric Vehicle Association and the Electric Vehicle Association of Asia Pacific and organized by the Korean Society of Automotive Engineers. Established in 1969, EVS st
April 25, 2024 -
HYBE takes legal action against NewJeans agency CEO amid management control feud
SEOUL, April 25 (AJU PRESS) - Entertainment giant HYBE plans to file a complaint Thursday against Min Hee-jin, the CEO of its affiliated label behind popular K-pop girl band NewJeans, on charges including breach of trust. HYBE said this week's audit confirmed that Min had devised plans to take over management control of the subsidiary, ADOR, and break away from the K-pop powerhouse. Auditors secured a computer file from an ADOR executive that showed Min's side con
April 25, 2024 -
Korea reports world's first demonstration of integrated operation of urban air mobility systems
SEOUL, April 24 (AJU PRESS) - A Korean consortium said Wednesday it has successfully demonstrated the integrated operation of urban air mobility (UAM) systems, marking progress in the nation’s plan to commercialize flying taxis by 2025. The K-UAM One Team, consisting of Hyundai Motor, KT, Korean Air, Incheon International Airport Corporation, and Hyundai E&C, conducted the test involving aircraft flight, safety, operational systems and traffic management, in an aviation
April 24, 2024 -
SNU professor to spearhead Korea's inaugural space agency
SEOUL, April 24 (AJU PRESS) - President Yoon Suk Yeol appointed an aerospace professor at Seoul National University as the inaugural chief to oversee Korea's forthcoming space agency, the presidential office said Wednesday. Yoon Young-bin will spearhead the Korean equivalent of the U.S. National Aeronautics and Space Administration (NASA), called the Korea Aerospace Administration (KASA), slated for launch in late May. Obtained his Ph.D. from the University of Michigan in
April 24, 2024 -
HD Hyundai establishes new headquarters for marine energy businesses
SEOUL, April 24 (AJU PRESS) - HD Hyundai Heavy Industries, the world's largest shipbuilder, plans to launch a new headquarters specializing in marine energy harvesting businesses next month, industry sources said. The company notified staff on Wednesday that the current shipbuilding and marine business division will be split into two segments and the new headquarters for the fast-growing marine energy industry will be established on May 1. The new entity will focus on the c
April 24, 2024 -
Video streaming services in Korea sharply raise subscription fees
Netflix, TVING and other popular over-the-top (OTT) video streaming services in Korea have increased subscription fees by an average of about 40 percent over the past six months, as the companies are striving to improve the bottom line despite consumer complaints of financial burdens. According to the state-run Korea Creative Content Agency (KOCCA), 55.2 percent of the country’s 52 million population subscribed to paid video streaming services as of December 2023. With the m
April 24, 2024 -
Korea launches first nanosatellite in New Zealand
SEOUL, April 24 (AJU PRESS) - Korea's first ultra-small cluster satellite was launched into orbit in New Zealand, the Ministry of Science and ICT said Wednesday. Dubbed "NEONSAT-1," the nanosatellite lifted off from a spaceport in Mahia around 8:30 a.m. About 50 minutes after launch, the satellite was successfully separated from American aerospace company Rocket Lab's two-stage Electron rocket. The satellite made initial contact with the ground station at the
April 24, 2024 -
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
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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
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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