Business
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JobKorea's foreign recruitment platform surpasses 1,000 job postings
SEOUL, September 13 (AJP) – The number of job postings registered on JobKorea’s international service, KLiK (Kickstart Life in Korea), has surpassed 1,000, the online recruiting company said. KLiK, launched in July, provides job information in Korea for foreign nationals in 28 languages, including English, Chinese, French, German, and Dutch. JobKorea aims to solidify its position as the largest international recruitment platform in Korea by offering more effective and
September 13, 2024 -
Olive Young's global sale highlights emerging K-beauty brands for international shoppers
SEOUL, September 12 (AJP) – A recent global sales event by Olive Young, a leading Korean beauty retailer, revealed the popularity of small and medium-sized Korean beauty brands among international consumers, the company said Thursday. Olive Young conducted the "Big Bang Sale" from Aug. 30 to Sept. 5, introducing emerging K-beauty brands to international consumers. The event is an international version of the domestic "Olive Young Sale" and is availab
September 12, 2024 -
Samsung starts industry's first mass production of QLC 9th-generation V-NAND
SEOUL, September 12 (AJP) - Samsung Electronics has announced the industry's first mass production of 1-terabit quad-level cell (QLC) 9th-generation vertical NAND. This breakthrough follows their April launch of triple-level cell (TLC) 9th-generation V-NAND, solidifying Samsung's leadership in high-capacity, high-performance NAND flash markets. The new V-NAND utilizes innovative "channel hole etching" technology to achieve the highest layer count in the industry wi
September 12, 2024 -
Woori Bank opens two new branches in India
SEOUL, September 12 (AJP) - Woori Bank said Thursday it has opened new branches in Pune and Ahmedabad in Western India. The Korean lender currently operates three branches in the country -- in Chennai, Gurugram, and Mumbai. The Pune branch in Maharashtra will focus on providing operational funds to support business expansion for both Korean and Indian companies. The Ahmedabad branch in Gujarat will concentrate on offering financial services to Indian small and medium-sized e
September 12, 2024 -
Korea approves nuclear reactor construction for first time in 8 years
SEOUL, September 12 (AJP) - The Korean government approved the construction of new nuclear reactors for the first time in more than eight years on Thursday, as the country seeks to expand atomic power to meet its net-zero targets and enhance energy security. The Nuclear Safety and Security Commission (NSSC) granted the construction permit for the third and fourth units of the Shin-Hanul nuclear power plant located in the southeastern county of Uljin. It has been eight years since K
September 12, 2024 -
POSCO Future M secures 1.8 trillion won battery material deal amid EV slowdown
SEOUL, September 12 (AJP) — POSCO Future M, a battery materials subsidiary of steelmaker POSCO, has secured a contract worth about 1.8 trillion won ($1.3 billion) to supply high-nickel cathode materials for electric vehicle (EV) batteries. The company announced the deal in a regulatory filing on Wednesday but did not disclose the name of the customer or other details, citing a confidentiality agreement. The contract value represents about 38.8 percent of POSCO Future M'
September 12, 2024 -
Pulmuone exports frozen gimbap to China
SEOUL, September 12 (AJP) — Pulmuone said Thursday that it has become the first Korean company to export frozen gimbap, Korean seaweed rice rolls, to major retail outlets in China. The fresh food company has launched its Tuna Gimbap in Sam's Club, which operates 49 stores in major Chinese cities. Pulmuone aims to export about 620,000 packs annually, including approximately 136,000 packs this month alone. The company sees significant potential in the Chinese market, c
September 12, 2024 -
LG CNS launches IT service joint venture in Indonesia
SEOUL, September 11 (AJP) – Korea's IT solutions provider LG CNS has officially launched its joint venture with Indonesia's Sinar Mas in Jakarta. The new company, LG Sinar Mas Technology Solutions, aims to leverage the strengths of both parent companies to provide advanced data center services, cloud migration, and digital transformation solutions, LG said. The venture also plans to expand its offerings to include smart city development and financial IT services. Th
September 11, 2024 -
SK Hynix develops high-performance solid-state drive for data centers
SEOUL, September 11 (AJP) - SK hynix has unveiled its new high-performance solid-state drive (SSD) for data centers, the PEB110 E1.S. This latest offering incorporates PCIe (peripheral component interconnect express) 5th generation technology, doubling performance and improving power efficiency by over 30 percent compared to previous generations. The PEB110 achieves data transfer speeds of 32 gigabytes per second (GTs) and is the first SK hynix data center SSD to feature security pr
September 11, 2024 -
LG's AI Home Hub, AeroCat steal the spotlight at IFA 2024
SEOUL, September 11 (AJP) - LG Electronics' mobile AI Home Hub, codenamed Q9, has received high praise from international media at IFA 2024 in Berlin. The device, which features LG's AI agent FURON and autonomous navigation capabilities, was named the best product in various categories by prominent tech publications. TechRadar explained it as "the first robot that made me think it had personality and was worth buying," crowning it the best smart home tech at IFA
September 11, 2024
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PHOTOS: National Folk Museum showcases traditional funeral dolls
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PHOTOS: Seoul holds sign language cultural festival
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PHOTOS: KES 2024 opens at COEX, highlighting AI innovations
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BLACKPINK's Jennie makes Billboard Hot 100 debut with latest single
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British Embassy's roundtable meeting raises awareness of climate change
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Workers over 60 become largest employed age group in Korea for first time
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South Korea mulls sending inspectors to Ukraine to monitor North Korean troops in Russia
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U.S. stealth fighter completes maiden landing on Japanese vessel
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5.8 magnitude earthquake strikes Indonesia's Molucca Sea region
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North Korea dismisses allegations of troop deployment to Russia as 'groundless'