Hyundai Mobis unveils new technology to choose in-vehicle screen menu with gestures

SEOUL -- A new technology developed by Hyundai Mobis, the parts-making wing of South Korea's Hyundai auto group, allows users to choose the menu they want with just gestures and choose it with one touch. The frequently used menu pops up in the direction of users just by touching their hands close to the vehicle display while driving. The use of vehicle infotainment (IVI) systems will become more convenient by minimizing the driver's movements, preventing visual dispersion,

November 17, 2022

S-Oil discloses $7.0 billion investment for steam cracker and other facilities with Salman's blessing

SEOUL -- With the blessing of Saudi Crown Prince Mohammed bin Salman, S-Oil, a petroleum and refinery company controlled by Aramco, unveiled a new investment of $7.0 billion to upgrade new facilities and build a giant steam cracker that produces ethylene from naphtha and off-gas. This marked Aramco's most prominent investment in South Korea. S-Oil said in a regulatory filing on November 17 that the new investment was endorsed for a second-stage petrochemical expansion project

November 17, 2022

KT commercializes AI-based control tower platform for IPTV media center

SEOUL -- South Korea's largest telecom service operator KT has commercialized an artificial intelligence-based control tower platform for internet protocol television, or internet TV, service operators. The platform will autonomously manage an internet TV media center in charge of broadcasting some 370 real-time channels and about 30 audio-only channels. In South Korea with a population of about 52 million, paid TV services have gained usage because of cheap entry service f

November 17, 2022

Baby Shark song becomes Britain's eighth most-streamed track

SEOUL -- "Baby Shark," a catchy cartoon song created by South Korea's educational entertainment company Pinkfong, became the eighth most-streamed song in Britain, beating Despacito, a popular song released by Puerto Rican singer Luis Fonsi featuring rapper Daddy Yankee in 2017. Britain's "Official Chart" is known as one of the world's top song charts along with the U.S. Billboard Hot 100. Pinkfong Company said in a statement on November 17 that Baby

November 17, 2022

LG Chem to build pilot facility for dry reforming of methane

SEOUL -- LG Chem, a chemical unit of South Korea's LG Group, will build a pilot facility for the dry reforming of methane that makes plastic using carbon dioxide and a by-product gas collected in factories. The method is a groundbreaking carbon reduction facility, but commercialization has been limited due to the problem of rapidly lowering catalyst performances. The dry reforming of methane (DRM) method produces synthetic gas (syngas), a mixture of hydrogen and carbon monoxid

November 17, 2022

LIG Nex1 selected to develop protoype of interceptor missile for dome-shaped air defense shield

SEOUL -- LIG Nex1, a defense contractor in South Korea, was selected for a deal to deliver the prototype of an interceptor missile, marking the official beginning of a much-heralded military program to develop a dome-shaped air defense shield that intercepts North Korea's long-range artillery shells. The contract worth about 11.3 billion won ($8.5 million) is part of a research and development project that "integrates the prototype of a long-range artillery interception sy

November 16, 2022

Almost half of S. Koreans are okay with remaining unmarried : survey

SEOUL -- A survey showed about half of South Koreans are not serious about marriage. Many young people are less interested in tying the knot with their beloved due to costly expenses and unstable employment. In a 2022 survey of some 36,000 people aged more than 12, conducted by the national statistics office, 50 percent said that marriage is necessary, down 1.2 percent from two years ago. 43.2 percent said being married or not married does not really matter, and 3.6 percent said th

November 16, 2022

​Private high school with unique educational model to be opened in S. Korea in 2023

SEOUL -- When Minerva University headquartered in San Francisco opened in 2012 the school's unique educational model captured the eyes of parents and educational specialists around the world. Some watched with curiosity while some had doubts about the school's teaching model in which all seminars are conducted as online seminars capped at 19 students to maximize the students' memory skills through

November 16, 2022

State institute develops highly stable synapse transistor for high-capacity data processing

SEOUL -- Researchers have developed a synapse transistor for a neuromorphic computing system that is highly stable and has low power consumption compared to non-volatile NAND flash memory chips that consume a lot of electricity and have a shorter lifespan. A neuromorphic computing system is modeled after the thinking process of the human brain. A synapse transistor mimics the synapse of the human nervous system which allows a neuron to deliver electrical or chemical signals to ot

November 16, 2022

SK signet to produce ultra-fast EV chargers in Texas in response to U.S. EV infrastructure project

SEOUL -- SK signet, an electric vehicle charger manufacturer affiliated with South Korea's conglomerate SK Group, will produce ultra-fast electric vehicle (EV) chargers with a capacity of more than 350 kilowatts (kW) in Texas. The production will help the EV charger maker to receive subsidies from the United States government pushing for the national electric vehicle infrastructure (NEVI) project. The U.S. government has set a subsidy budget of about $5 billion by 2030 for the N

November 16, 2022