Latest News

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  Seoul to renovate popular riverside areas to prevent accident by unexpected heavy rainfall SEOUL -- To establish a safe waterfront environment for Seoulites, the capital city will renovate popular stream and riverside areas by installing safety equipment and replacing outdated facilities with a new model. Safety facilities and disaster monitoring systems will be set up to remotely block access to riverside footpaths and bicycle roads in case of sudden heavy rainfall. In August 2022, Seoul experienced a life-threatening downpour, inundating homes, cars, buildings, and sub 2022-12-08
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  KT deploys AI concierge system to hotel in central Seoul SEOUL -- In an effort to popularize the company's artificial intelligence-based hotel concierge system, South Korea's largest telecom operator KT has deployed an AI concierge to a hotel in central Seoul. The AI-based system will help hotel operators save manpower costs and effectively manage customer inquiries. After commercializing a 5G-connected autonomous hotel concierge robot called "N bot" at a hotel near central Seoul in December 2019, KT has accelerated the 2022-12-08
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  Hyundai shipyard works on offshore floating facility to store and vaporize liquefied ammonia SEOUL -- South Korea's Hyundai shipbuilding group will develop a ship-type floating facility that can store and vaporize liquefied ammonia offshore for transfer to onshore pipelines. Ammonia is seen as a next-generation fuel that emits no carbon oxide during combustion, but floating storage and regasification facilities for ammonia at sea have not yet been constructed globally. In a joint project with Korea National Oil Corporation (KNOC) and Lloyd's Register, a Lon 2022-12-07
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  State body certifies Ace One's method to increase hydrogen content in synthetic gas SEOUL -- Ace One tech, a material inspection, measurement and analysis equipment manufacturer in South Korea, has worked out an eco-friendly method to increase the content of hydrogen in synthetic gas produced by the high-temperature pyrolysis of plastic waste. Synthetic gas, or syngas, is a mixture of hydrogen and carbon monoxide. Korea Testing Laboratory (KTL), a state-run certification body, certified that syngas produced by Ace One through the high-temperature gasification of pl 2022-12-07
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  Researchers develop power-saving wearable sweat sensor patch SEOUL -- A joint team of researchers has developed a low-power-consuming wearable sweat sensor patch that can monitor the health condition of wearers in real time. By monitoring perspiration, the wearable sensor can notify its wearer of possible low blood sugar levels or malnutrition. Sweat is a composite liquid solution that contains various minerals, nutrients, and chemicals that vary in real-time depending on health conditions. Sweat sensors monitor blood glucose and hydration 2022-12-07
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  DAPA joins government program to develop low-orbit satellite communication technology for military use SEOUL -- South Korea's arms procurement agency joined a government program to develop low-orbit satellite communication technology and secure orbit and frequencies. The core technology of low-orbit satellite communication will be used in the defense sector, as seen in Russia-Ukraine battlefields where troops relied on low-orbit satellite communication after ground networks were destroyed. The Ministry of Science and ICT said it has signed a business cooperation agreement with th 2022-12-07
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  KT provides first cloud-based virtual desktop service for central bank SEOUL -- South Korea's central bank became the first public financial body to adopt a cloud-based virtual desktop service provided by KT. The service provides a higher level of security than ordinary operating systems and allows bank officials to access their worksites anywhere, anytime. By law, South Korean financial organizations should use built-in virtual desktop infrastructure (VDI) operated through a centralized network controlled by an on-premise main server. The built-i 2022-12-07
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  Blockchain technology support center to open in southern port city SEOUL -- A blockchain technology support center will open in the southern port city of Busan to efficiently assist blockchain companies. The center will provide various services including consulting, legal and marketing-related advice, and educational programs. Companies can demonstrate various blockchain-based platforms inside the center size of about two football fields. Blockchain is basically a virtual ledger network system that is de facto unhackable. When a change is made to 2022-12-07
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  LG Innotek unveils plastic-glass hybrid lenses for autonomous driving camera modules SEOUL -- LG Innotek, the electrical component wing of South Korea's LG Group, unveiled two types of high-performance hybrid lenses for autonomous driving that reduced size and increased price competitiveness by cross-applying thin plastic and glass to improve performance. The company anticipates a great impact on cameral module markets. LG Innotek said that hybrid lenses for a driver monitoring system (DMS) and an advanced driver assistance system (ADAS) are 20 to 30 percent thi 2022-12-07
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  S. Korea to invest $140mln to accelerate development for affordable carbon composite materials SEOUL -- In a bid to nurture technological capabilities in manufacturing carbon-based materials and products at affordable prices, South Korea will invest 185 billion won ($140 million) by 2030 to accelerate the technological development of carbon composite materials. A carbon composite is basically carbon and carbon fibers mixed with various polymers to be made into hard blocks and other shapes. The carbon-based material has more than 10 times higher strength compared to steel of 2022-12-06
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  University research team develops highly stable long-life secondary battery materials for EVs and ESSs SEOUL -- A university research team has developed highly stable and high-capacity secondary battery materials that are ideal for high-performance devices such as electric vehicles and energy storage systems. Instead of lithium, the research team used zinc-aluminum alloy and a hybrid aluminum-ion solution for electrolytes. Normally, high-performance batteries are mainly made of lithium and a liquid electrolyte. Because lithium is an expensive and volatile metal, all lithium-ion batt 2022-12-06
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  SK Group chairman Chey secures legal approval to divorce wife SEOUL -- Chey Tae-won, a business tycoon who controls South Korea's third-largest conglomerate SK Group, secured legal approval to divorce his wife, seven years after the 62-year-old revealed his extramarital love affair and the existence of a child out of wedlock. The ostensible reason for the breakdown of their 34-year-old relationship was differences in personality. A family court accepted their divorce on December 6, ruling that Chey should pay a symbolic amount of 100 mil 2022-12-06
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  Air Liquide-Lotte joint venture aims to complete high pressure hydrogen filling center in 2024 SEOUL -- Through their newly established joint venture, Air Liquide, a French supplier of industrial gases and services, and Lotte Chemical, a major chemical company based in South Korea, will build a high-pressure hydrogen filling center capable of handling about 5,500 tons per year. It would have South Korea's largest production capacity, enough to fuel 4,200 passenger vehicles or 600 commercial buses for a day. The filling center to be built on a site within Lotte Chemical 2022-12-06
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  Samsung teams up with Naver to develop semiconductor solutions for hyperscale AI models SEOUL -- Samsung Electronics teamed up with South Korea's top web portal operator and IT company Naver to develop semiconductor solutions tailored for hyperscale artificial intelligence models. They will combine semiconductor design and manufacturing prowess with proven AI capabilities to maximize the speed and power efficiency of large-scale AI models. Advances in hyperscale AI have led to an exponential growth in data volumes that need to be processed, but the performance and 2022-12-06
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  Researchers develop elastic semiconductor technology for stretchable displays SEOUL -- South Korean researchers developed core technology for inorganic elastic semiconductors with high-density integration that could become a key part of next-generation stretchable displays. The semiconductor device controls voltage to manage display pixels. Ordinary semiconductors are circuit boards integrated into a hard silicon chip. Materials such as silicon and metal are favored by chipmakers because of their stability and electrical performance. Elastic chips were resea 2022-12-06
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  Korean Air ties up with L3Harris for military program to purchase new AEW&C systems SEOUL -- South Korea's top flag carrier Korean Air tied up with L3Harris Technologies, an American technology company and defense contractor, to participate in a military program to purchase new high-altitute planes for aerial early warning, command and control. L3 Harris promised to reduce price and maintenance costs dramatically and transfer system integration technologies. An airborne early warning and control (AEW&C) system detects aircraft, ships, vehicles, missiles, an 2022-12-06
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  CJ Cheiljedang partners with US biotechnology company Emmyon to develop anti-muscle loss material SEOUL -- Targeting old people at high risk of muscle loss, CJ Cheiljedang, a key subsidiary of South Korea's food and entertainment conglomerate CJ Group, will develop materials capable of preventing sarcopenia using ursolic acid, a chemical compound that is found in the peels of fruits, as well as in herbs and spices like rosemary and thyme and can serve as a starting material for the synthesis of more potent bioactive derivatives. There have been studies that ursolic acid is u 2022-12-06
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  LS Mtron clinches three-year contract to supply 28,500 compact tractors through CNH Industrial SEOUL -- LS Mtron, a heavy machinery and electronic component manufacturer affiliated with South Korea's LS Group, has clinched a three-year contract worth about 500 billion won ($386 million) to supply 28,500 multi-purpose compact tractors from 2023 through CNH Industrial, an Italian-American agricultural and construction equipment maker. LS Mtron said its product featuring user convenience, sustainable quality levels, and eco-friendly engines would be sold to hobby farmers, w 2022-12-05
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  Researchers develop artificial muscle 17 times stronger than ordinary humans' SEOUL -- A joint team of researchers has developed an artificial muscle that is 17 times more powerful than that of humans. The muscle made of graphene-liquid crystal elastomer-based fiber bundles will be commercialized through a domestic company. Artificial muscles are being researched for exoskeletal and robot devices that would greatly enhance the wearer's strength and speed. The technology is recognized especially in the military sector for enhancing the performance of sold 2022-12-05
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  POSCO Chemical secures six-year deal to supply synthetic graphite anode materials to GM-LGES joint venture SEOUL -- POSCO Chemical, a coal chemistry and carbon material company affiliated with South Korea's leading steel group POSCO, has secured a six-year deal worth 939.3 billion won ($727 million) to supply synthetic graphite anode materials to a battery joint venture between General Motors and LG Energy Solution. GM's joint venture with LG Energy Solution (LGES), a major battery maker in South Korea, would receive synthetic graphite anode materials from POSCO Chemical's p 2022-12-05