Latest news
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AI developer Upstage launches alliance to establish world's top Korean-based LLM
SEOUL -- South Korean artificial intelligence technology developer Upstage has launched an alliance of companies and organizations in the private and public sectors including media companies, academics, and corporates in a bid to establish an ecosystem for large language models that would incorporate Korean language-based AI models capable of understanding and generating natural conversations in Korean. A large language model (LLM) is basically a smart computer program that understan
August 14, 2023 -
Lioness escaped from private farm in southeastern county killed by hunters
SEOUL -- The great escape by a 20-year-old lioness that escaped from a private farm to a nearby mountain in Goryeong County some 230 kilometers (142 miles) southeast of Seoul came to a climax after a team of hunters tracked down the large feline and killed it. Predatory animals escaping from a private meat farm or zoo is not very rare in South Korea where anyone with the right documents could set up a small-sized zoo or a facility that displays live predatory animals. It is because p
August 14, 2023 -
LS Cable invests $117 mln to expand submarine cable plant in coastal city
SEOUL -- LS Cable & System, a major cable maker in South Korea, has invested about 155.5 billion won ($117 million) to expand its submarine cable infrastructure. The company, which operates an underwater cable factory in South Korea's coastal city near the East Sea, is also considering an investment in the Southeast Asian market to gain a competitive edge in the global subsea cable market. Submarine cables play a crucial role in facilitating communication between countries and
August 11, 2023 -
Voices rise over swift disciplining of family minister Kim Hyun-sook for Jamboree fiasco
SEOUL -- With only a day left of the official schedule of the 25th World Scout Jamboree, voices are rising in the political sector over the swift action that must be taken to hold people accountable for the fiasco that took place at the international Scouting event. Kim Hyun-sook, the family minister, is likely to be the first person who would have her head put on the political guillotine. The Ministry of Gender Equality and Family was appointed as South Korea's main governing body
August 11, 2023 -
Samsung releases foldable smartphones Z Flip5 and Z Fold5 worldwide
SEOUL -- Samsung Electronics released globally its new foldable smartphones -- Z Flip 5 and Z Fold 5 -- along with the smart watch Galaxy Watch 6 series and tablet PC Galaxy Tab S9 series. The new devices were launched in some 50 countries including the United States, Britain, France, and China. The new devices will be released to other countries by the end of September. According to the South Korean tech giant, consumers' reaction is wild. The number of pre-orders made for Z Flip
August 11, 2023 -
World Scout Jamboree to close with K-pop concert at Seoul's iconic football stadium
SEOUL -- A total of 16 K-pop bands including girl groups NewJeans and IVE, and three solo artists will wrap up the 25th World Scout Jamboree at Seoul's iconic football stadium with a total capacity of 66,704. About 1,100 buses will carry some 40,000 Jamboree participants to the stadium built for the 2002 FIFA World Cup. The global Scouting event started in Saemangeum, a reclaimed land area some 200 kilometers (124 miles) south of the capital city, on August 1. The event was ori
August 11, 2023 -
HMM's operating profit for 2Q 2023 drops 94.54% on-year due to post-pandemic normalization
SEOUL -- HMM, the world's eighth-largest marine shipping company controlled by creditors in South Korea, saw its operating profit drop by 94.54 percent year-on-year in the second quarter of 2023 due to the normalization of shipping rates that soared during the last three years of the COVID-19 pandemic. Helped by a rise in international freight rates and improved competitiveness, South Korea's shipping industry has recorded high operating profits during the last three years. HMM
August 11, 2023 -
Samsung leads investment project to create new semiconductor wastewater solution
SEOUL -- In a bid to create a new solution for semiconductor wastewater, Samsung Electronic's venture capital wing invested in Membrion, a wastewater treatment startup based in Seattle. Through the investment project led by the South Korean company and British venture capital Lam Capital, Membrion attracted $12.5 million. Wastewater generated during the semiconductor manufacturing process contains various harmful heavy metals. It can cause critical damage to body organs such as the
August 11, 2023 -
KT embarks on defense project to upgrade military broadband communication network
SEOUL -- South Korea's major telecom company KT has started a defense project to upgrade a military communication network that will connect more than 2,000 units with an integrated management system. The high-speed communication network, which is currently built only near frontline army units, will be expanded to other branches including the Navy and Air Force. KT was selected as the preferred bitter for the project to build the next-generation military-broadband convergence networ
August 10, 2023 -
Hybe acquires boy band Enhypen's agency Belift Lab
SEOUL -- BTS' agency Hybe has acquired Belift Lab, a content media joint venture established by South Korea's entertainment giant CJ ENM and Hybe. The joint venture was launched in 2019 to nurture K-pop prodigies who could shake the global music scene. Belift formed boy band Enhypen through a TV reality show program called "I-LAND." In a bid to discover and foster global idols, Belift launched the audition program I-LAND in 17 cities in South Korea and other coun
August 10, 2023
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OPINION: Shigeru Ishiba will be Japan's next prime minister. What should we expect?
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Study exposes suspected Chinese trolls targeting Korean industries
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OPINION: Does Hezbollah represent Lebanon? And what impact will death of longtime leader Hassan Nasrallah have?
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South Korea to showcase latest home-grown missile at Armed Forces Day parade
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VISUALS: Black Eagles conduct rehearsal for Armed Forces Day celebration flight
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Korea, Japan hold rare meeting on joint development zone in East China Sea
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Woori Bank expands international teller services
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Samsung faces fines over radiation exposure incident
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VISUALS: Insa Traditional Culture Festival opens in Seoul
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Gangnam: The epitome of affluence in modern Korea