Latest News

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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
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  Hybe's multinational boy band &TEAM to be recreated into werewolves in digital comic book SEOUL -- &TEAM, a nine-member multinational boy band created by the agency of BTS, will be reinterpreted as a pack of werewolves in a digital cartoon and web novel. The content that depicts the story of nine werewolves with different personalities overcoming various obstacles and stereotypes will be available in 10 languages including English, Chinese and Spanish. &TEAM was formed through a Japanese and South Korean audition program titled "&Audition – The Ho 2022-12-05
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  ​SK's biotech wing finds wearable device could be effective in managing epilepsy SEOUL -- Through a joint investigation, SK biopharmaceuticals, a biotech wing of South Korea's third-largest conglomerate SK Group, has found that bio signal-based wearable devices could help patients manage epilepsy by keeping track of the time when seizure attacks took place. Epilepsy is a chronic neurological condition affecting some 50 million people worldwide. The disease is characterized by recurrent, unexpected seizures. Among many other factors, stress has been reported 2022-12-05
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  KAERI's uranium silicide plate-type fuel to be tested at Polish research reactor SEOUL -- South Korea's state nuclear research center will test-supply high-density, low-enriched uranium silicide plate-type fuel to a research reactor in Poland. Uranium silicide (U3Si2) is an accident-tolerant fuel due to its advantageous thermophysical properties, including high uranium density and high melting temperature. Plate-type nuclear fuel is a low-enriched fuel with a concentration of 20 percent. Under a memorandum of understanding with the National Centre for Nucle 2022-12-05
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  Convenience store franchise GS25 partners with matchmaking agency to provide marriage advice service SEOUL -- The operator of South Korea's convenience store franchise GS25, partnered with Gayeon, a popular domestic matchmaking consulting agency, to provide a marriage advisory service for consumers looking for lifetime partners. Convenience store customers can receive marriage-related advice by simply scanning a QR code of Gayeon's matchmaking service-related advertisement attached near GS25 convenience store's counter. Matchmaking service is used by some consumers w 2022-12-05
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  Nexen Tire develops AI-based road surface detection and braking distance analysis technology SEOUL -- Nexen Tire, a major tire maker in South Korea, has partnered with Hyundai Motor and a university research team to develop road surface detection technology using artificial intelligence and big data of noises on various types of roads. The technology will be used for autonomous vehicles to analyze the road surface and optimize its braking distance. The braking distance of a car is affected by the types of roads and the condition of car tires. Based on experience and intu 2022-12-05
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  Taihan Cable seeks business opportunities with high-voltage direct current transmission cables SEOUL -- Taihan Cable & Solution, a power cable and grid infrastructure company in South Korea, will actively seek business opportunities in Europe and the United States with high-voltage direct current transmission cables that convert alternating current into high-voltage DC and can send large amounts of current far away. Competition for technology development is fierce as HVDC cables are more advantageous for long-distance transmission and have less loss than conventional AC 2022-12-05
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  LG Chem supplies new eco-friendly ABS product to U.S. toy maker Mattel SEOUL -- LG Chem, the chemical unit of South Korea's LG Group, has supplied a new eco-friendly acrylonitrile butadiene styrene (ABS) product based on vegetable bio-materials to Mattel, a toy manufacturer in the United States. The company leads the global market of transparent ABS products with an annual capacity of about two million tons. ABS is a common thermoplastic polymer used in manufacturing household and consumer goods as well as medical and industrial products. It provid 2022-12-05
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  Nine companies join force to build industrial pier with large ammonia storage tanks SEOUL -- A new industrial pier equipped with large ammonia storage tanks and liquid cargo ship berthing facilities will be built on reclaimed land near an industrial park in Dangjin, about 80 kilometers (49.7 miles) southwest of Seoul. When completed in 2030, the pier will be able to handle two million tons of ammonia per year. In a ceremony on December 2 at the office of Kim Tae-heum, governor of South Chungcheong Province, nine companies agreed to invest about 450 billion won 2022-12-02
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  Researchers develop coffee waste-based semiconductor wastewater treatment filter SEOUL -- A joint team of researchers has discovered a way to reuse coffee waste by developing a biodegradable wastewater treatment filter for semiconductor production. The eco-friendly nano filter is made of coffee grounds and biodegradable high-polymers. According to the environment ministry, some 150,000 tons of coffee waste are abandoned annually. Used coffee grounds can generate greenhouse gases through decomposition when buried and create carbon and air pollution when incinera 2022-12-02
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  Hanwha Aerospace secures deal to lead production of space rockets SEOUL -- Hanwha Aerospace, an aircraft parts maker involved in the production of engines for South Korea's homegrown space rocket, secured a deal worth about 286 billion won ($212 million) to lead and supervise the production of three space rockets that will be launched for three years from 2023. The deal marked the beginning of South Korea's "Space Pioneer" program aimed at creating a self-sustaining industrial ecosystem and cultivating companies like Space X, a U.S. 2022-12-02
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  Hotel Shilla's duty-free shop operator to provide metaverse-based styling class using Gucci's fashion items SEOUL -- The duty-free shop operator affiliated with Hotel Shilla, a luxury hotel brand run by the sister of Samsung Group's de facto leader Jay Y. Lee, will provide a metaverse-based styling class using various fashion items from the South Korean office of Gucci, a high-end luxury fashion brand based in Italy. Two-way communication with instructors is possible and various inquiries about the product can be easily made through the virtual platform. After creating avatars, users 2022-12-02
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  LG Chem's farm tech unit launches biochar commercialization project to solve livestock manure problems SEOUL -- Farm Hannong, the agricultural technology unit of LG Chem, has launched a joint project to accelerate the popularization of biochar, a solid carbon-capturing material made from biomass, mainly by using manure from livestock farms. The company will demonstrate the effectiveness of biochar for crops such as rice, cannabis, garlic, and chilly pepper. Biochar, which is a hybrid word of biomass and charcoal, is created by heating biomass at temperatures between 350 and 700 degr 2022-12-02