KT partners with video conference platform company Zoom to release various B2B services

SEOUL -- Capitalizing on a growing demand for non-face-to-face meeting solutions during a coronavirus pandemic, South Korea's largest telecom service operator KT has partnered with American video conference platform operator Zoom Video Communications to release various business-to-business services. When South Korea was struck by the first wave of the COVID-19 pandemic in February 2020, about 80 percent of companies decided to have their employees work remotely at home. Wor

November 23, 2022

SKT's metaverse platform Ifland makes global debut in 49 countries

SEOUL -- Ifland, a metaverse platform launched by SK Telecom, a top mobile carrier in South Korea, made its global debut. The global version, which supports English, Chinese, and Japanese, will provide differentiated metaverse communication experiences in 49 countries. SK Telecom (SKT) vowed to grow Ifland into a global No. 1 social metaverse platform by actively utilizing K-pop content, developing joint content with overseas partners, and strengthening communication functions. A

November 23, 2022

Nongshim's container-type smart farm goes for pilot project in Oman

SEOUL -- Nongshim, a food and beverage company in South Korea, will export a container-type vertical smart farm for a pilot project in Oman, which has launched a state smart farm initiative to decrease its reliance on food imports. Nongshim said its smart farm enables crop cultivation up to 18 times a year. Cultivation is possible immediately if only electricity and water are connected locally. This is Nongshim's first smart farm export since it formed an in-house startup team i

November 23, 2022

EOFlow develops prototype of world's first seven-day wearable insulin pump

SEOUL -- Using its low-power and high-performance actuation technology, EOFlow, a provider of wearable drug delivery solutions, is ready to commercialize an innovative wearable insulin pump that continuously delivers insulin in blood glucose control for up to seven days for the first time in the world. Commercial production is possible in 2024. EOFlow's CEO Jesse J. Kim showed confidence in what he has achieved, saying that the new product codenamed "EOPatch3.0" would

November 23, 2022

Startup agency to build one-stop logistics center at Incheon International Airport to help SMEs

SEOUL -- South Korea's state-operated startup support agency will build a logistics center at Incheon International Airport, the country's main gateway, to help small and medium-sized enterprises and online market operators easily store cargo and export products. The center will offer an efficient one-stop service including cargo storage, transport, and customs. While large conglomerates have their own teams dedicated to the export of their products, small and medium-sized

November 23, 2022

Daewoo shipyard completes performance run of test ship for autonomous operation

SEOUL -- Daewoo Shipbuilding & Marine Engineering, a major shipbuilder, has completed the on-site performance run of its test smart ship for autonomous operation, securing sufficient operational data that would be applied to an actual ship in 2023. Daewoo Shipbuilding & Marine Engineering (DSME) has conducted various demonstration tests for autonomous operation in waters off Hwaseong, about 30 kilometers (18 miles) southwest of Seoul, with a test ship named " DAN-V&qu

November 22, 2022

SK energy uses Doosan fuel cells to demonstrate on-site hybrid energy station

SEOUL -- Using fuel cells that simultaneously produce hydrogen, electricity and heat, SK energy, a leading refiner in South Korea, will demonstrate an on-site hybrid energy station capable of generating green energy and using it directly for charging. Doosan Fuel Cell, the clean energy wing of South Korea's Doosan Group, will provide its "Tri-gen" fuel cell system that generates electricity, heat and hydrogen utilizing 440-kilowatt phosphoric acid fuel cells (PAFC). SK

November 22, 2022

KHNP cooperates with Canada's Candu Energy to dismantle defunct nuclear power plants

SEOUL -- South Korea's state-run operator nuclear power plant operator will cooperate with Candu Energy, a subsidiary of Montreal-based SNC-Lavalin, to secure technologies for dismantling defunct nuclear power plants. Accumulated technologies will be used for the early dismantlement of South Korea's first pressurized heavy water reactor which went into operation in 1982. Korea Hydro & Nuclear Power (KHNP), the operator of 24 nuclear power plants in South Korea, has agre

November 22, 2022

Kumho Petrochemical ties up with France's Technip Energies to introduce polystyrene waste pyrolysis technology

SEOUL -- Kumho Petrochemical, a chemical company in South Korea, tied up with Technip Energies, a French engineering and technology company, to introduce polystyrene waste pyrolysis technology and build a factory for the commercial production of recycled polystyrene in 2026. Polystyrene is a synthetic polymer used for protective packaging, containers, lids, bottles, trays, tumblers, and disposable cutlery. Recycled polystyrene, known as recycled styrene monomer (RSM), can be reconve

November 22, 2022

LG Chem to build largest cathode material plant in U.S. to meet demands for EV batteries

SEOUL -- In a bid to meet growing global demands for cathodes, a key part of high-performance batteries used in electric vehicles, LG Chem, the chemical unit of South Korea's LG Group, will build a big cathode plant with an annual capacity of 120,000 tons in Tennessee with an injection of more than three billion dollars. It would be the biggest cathode plant in the United States. A cathode is an electrode used in batteries along with anodes to help the conduction of electrici

November 22, 2022