Latest news
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LIG Nex1 acquires majority stake in U.S. robotics firm Ghost Robotics
SEOUL, July 29 (AJU PRESS) - Korean defense company LIG Nex1 has completed the acquisition of a 60 percent stake in Ghost Robotics, a U.S.-based quadruped robot specialist, for about 332 billion won ($240 million). The deal, finalized on Friday after receiving approval from the Committee on Foreign Investment in the United States (CFIUS), marks LIG Nex1's strategic entry into the global robotics market. Ghost Robotics, founded in 2015 and headquartered in Philadelphia, is known
July 29, 2024 -
Nature Republic to launch at 200 Costco stores in US
SEOUL, July 29 (AJU PRESS) – Nature Republic, a South Korean cosmetics company, is set to expand to 200 Costco locations in the United States as part of its efforts to ramp up its presence in overseas markets. The company is introducing three key products to Costco: the Ginseng Gold Silk Watery Cream, Black Bean Anti-Hair Loss Symptom Improvement Shampoo and Argan Essential Deep Care Shampoo. The premium anti-aging Ginseng Gold Silk line, which contains 99.9 percent pure go
July 29, 2024 -
Samsung broadcasts Olympic opening ceremony with Galaxy smartphones
SEOUL, July 29 (AJU PRESS) – Samsung Electronics broadcast the opening ceremony of the 2024 Paris Olympics on Friday using its Galaxy S24 Ultra smartphones. In a historic first, the ceremony took place outdoors, with the athletes' parade held on boats along the Seine River. The Korean tech giant equipped over 200 Galaxy S24 Ultra devices on 85 parade boats to capture and broadcast the event live. The company collaborated with the International Olympic Committee (IOC) an
July 29, 2024 -
Robot chefs debut at Korea's Kangwon Land casino resort
SEOUL, July 29 (AJU PRESS) – Kangwon Land Inc., a casino resort in Jeongseon, eastern Korea, has introduced robotic chefs at its High1 Grand Hotel. In its “smart table” system, customers can place orders via kiosks, after which robot chefs prepare the meals and deliver them to the tables, the company said. The system aims to maintain consistent food quality while mitigating risks associated with handling hot oil in cooking processes. It features 52 seats and op
July 29, 2024 -
HD Hyundai Electric builds transformer storage facility at US plant
SEOUL, July 29 (AJU PRESS) - Korea's HD Hyundai Electric has constructed a transformer storage facility at its plant in Alabama, U.S. The firm, affiliated with HD Hyundai Heavy Industries, held a ceremony on Friday (local time) to mark the completion of the facility, which covers an area of 12,690 square meters and can store up to 60 power transformers. "We have enhanced the storage environment and quality levels of our products while maximizing productivity through the
July 29, 2024 -
PHOTOS: Korea wins gold in fencing, archery with unexpected medals in shooting at Paris Olympics
SEOUL, July 29 (AJU PRESS) - Fencer Oh Sang-uk won gold in the men's individual sabre, Korea's first gold medal at this year's Summer Olympics in Paris, France which opened last week. Oh defeated Farès Ferjani of Tunisia with a score of 15-11 in the final bout last Saturday, achieving his long-held dream of winning gold in an individual Olympic event. On the following day, teen shooter Oh Ye-jin also won gold in t
July 29, 2024 -
PHOTOS: Old metalworking district reborn as hotspot for young artists
SEOUL, July 29 (AJU PRESS) - A once-bustling metalworking district in Seoul's Yeongdeungpo area has transformed, blending its industrial roots with a burgeoning art scene. Now called Mullae Art Village, the area, which thrived in the 1970s and '80s, declined as cheap Chinese products flooded the market. The neighborhood began to change in 2010 when the Seoul Foundation for Arts and Culture established Seoul Art Space Mullae, a creative space for artists. Drawn by low rents and a
July 29, 2024 -
VISUALS: Exhibition showcases agricultural, food tech startups
SEOUL, July 29 (AJU PRESS) - The Agri & Food Tech Start-up Rising Expo 2024 (AFRO 2024) was held at COEX in Seoul last week, showcasing cutting-edge technologies and companies in the agricultural and food sectors. The event, which took place from Thursday to Saturday, featured 250 startups and organizations. Organized by the Ministry of Agriculture, Food and Rural Affairs, the event also offered opportunities for investment, technology development and overseas expansion through various fo
July 29, 2024 -
Opinion: Can Israel and Hezbollah be pulled back from the brink of war?
SEOUL, July 29 (AJU PRESS) - The Middle East is on the brink of a possibly devastating regional war, with hostilities between Israel and Hezbollah reaching an extremely dangerous level. Washington has engaged in intense diplomacy to persuade the protagonists to pull back from the brink. But U.S. efforts have not paid off so far, given its lack of sufficient leverage with both sides. A grand bargain involving Israel, Hezbollah and their outside supporters is now urgently needed to av
July 29, 2024 -
Korea wins 10th consecutive gold in women's archery team event
SEOUL, July 29 (AJU PRESS) - South Korea’s dominance in women’s archery reached a new milestone on Sunday as they secured their 10th consecutive Olympic gold medal in the team event. The victory in Paris extended an unparalleled winning streak that began at the 1988 Seoul Olympics. The trio of Jeon Hun-young, Nam Su-hyeon, and Lim Si-hyeon faced a formidable challenge from China, ultimately prevailing in a heart-stopping shoot-off. Despite blowing a commanding 4-0 lead, the South
July 29, 2024
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Battery cell damage from external impact may have caused last month's EV fire: forensic service
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KBS demands apology from Real Madrid after abrupt cancellation of K-pop concert
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PHOTOS: Junior college admission fair opens in Seoul
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Koreans' views toward Japanese improve, survey finds
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Czech Republic optimistic about Korean consortium's bid for nuclear power plant project
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INTERVIEW: Female business leader urges women entrepreneurs to tap global markets
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Opinion: A wake-up call for Scholz and the European Union
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Opinion: Prime Minister's Visit underscores vital Britain ties
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INTERVIEW: Seoul City will boost walkability with new initiative
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Indonesian president among 6 million taxpayers in alleged data leak