Business
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Hotel Shilla's duty-free shop operator to provide metaverse-based styling class using Gucci's fashion items
SEOUL -- The duty-free shop operator affiliated with Hotel Shilla, a luxury hotel brand run by the sister of Samsung Group's de facto leader Jay Y. Lee, will provide a metaverse-based styling class using various fashion items from the South Korean office of Gucci, a high-end luxury fashion brand based in Italy. Two-way communication with instructors is possible and various inquiries about the product can be easily made through the virtual platform. After creating avatars, users
December 2, 2022 -
LG Chem's farm tech unit launches biochar commercialization project to solve livestock manure problems
SEOUL -- Farm Hannong, the agricultural technology unit of LG Chem, has launched a joint project to accelerate the popularization of biochar, a solid carbon-capturing material made from biomass, mainly by using manure from livestock farms. The company will demonstrate the effectiveness of biochar for crops such as rice, cannabis, garlic, and chilly pepper. Biochar, which is a hybrid word of biomass and charcoal, is created by heating biomass at temperatures between 350 and 700 degr
December 2, 2022 -
POSCO Chemical expands production of synthetic graphite anode materials for lithium-ion batteries
SEOUL -- POSCO Chemical, a coal chemistry and carbon material company affiliated with South Korea's leading steel group POSCO, will expand the production of synthetic graphite anode materials for lithium-ion batteries as part of the parent group's strategy to become a global player in the battery material market. POSCO Chemical said it would jack up its investment in the synthetic graphite anode material plant in the southeastern industrial port of Pohang from 217.7 billion
December 2, 2022 -
VA Corporation hopes to lead virtual production field through commercial virtual scouting platform 'V Stage'
SEOUL -- VA Corporation, a virtual production company in South Korea, will release a commercial virtual scouting service that pre-visualizes filming locations and sets in a virtual environment. Without making a site visit, content creators can check backgrounds and environments through web pages while actualizing backgrounds by choosing and designing locations just by setting cameras and arranging lights in advance. VA Corporation's platform called "V Stage" efficientl
December 1, 2022 -
Doosan Enerbility and Britain's JM work together for ammonia cracking business
SEOUL -- Doosan Enerbility, a power plant equipment manufacturer in South Korea, tied up with Johnson Matthey, a specialty chemicals and sustainable technologies company in Britain, to secure ammonia cracking technology that decomposes ammonia at high temperatures to produce hydrogen. Ammonia is considered an essential part of a sustainable hydrogen ecosystem. Ammonia is produced through a chemical reaction between hydrogen and nitrogen at high pressure and temperatures. Ammonia cra
December 1, 2022 -
Transport ministry lifts regulations on home OTA updates for EV drivers
SEOUL -- South Korea's transport ministry has lifted regulations on over-the-air updates of smart cars and electric vehicles, paving the way for domestic carmakers to have a share in the global OTA market that is growing at a whopping annual average growth rate of 17.9 percent. Customers can also conveniently update their cars at home like smartphones. The over-the-air (OTA) feature allows carmakers to wirelessly update the features and systems of EVs using commercial mobile co
December 1, 2022 -
Dokyeong commercializes expressway anti-freezing method with Russian material
SEOUL -- Dokyeong Construction, a pavement contractor in South Korea, has commercialized an expressway maintenance method capable of preventing winter road accidents caused by ice. The method was created through technical cooperation with Grikol Limited, a Russian company that developed an antifreeze material called "Grikol." Because expressways have lower temperatures than the atmosphere, drivers can fall into various types of danger in cold weather. Black ice, also kno
November 30, 2022 -
Forklift equipped with Hyundai Mobis fuel cell power pack selected for state demonstration
SEOUL -- A five-ton hydrogen forklift equipped with a fuel cell power pack developed by Hyundai Mobis, a parts-making wing of South Korea's Hyundai auto group. The forklift can be quickly charged within 5 minutes and can be used for five consecutive hours on a single charge. Hyundai Mobis has developed a power pack for forklifts using the fuel cell system of hydrogen electric vehicles. The demonstration sponsored by the Ministry of SMEs and Startups began after a ceremony on Nov
November 30, 2022 -
LG Display's transparent OLED solution applied to floor of SM Entertainment store
SEOUL -- A transparent organic light-emitting diode (OLED) solution developed by LG Display, a major flat panel maker in South Korea, has been applied to the floor of an SM Entertainment store to maximize the efficiency of promotion effect and space utilization. Various graphic effects and product information were implemented like holograms to provide customers with an unprecedented shopping experience. LG Display said that its "T-floor" solution can be expanded indefinite
November 30, 2022 -
Government initiative launched to establish biofoundry infrastructure in S. Korea
SEOUL -- A government initiative was launched to establish South Korea's biofoundry infrastructure aimed at fostering synthetic biology, which is a multidisciplinary area of research that seeks to create new biological parts, devices, and systems, or to redesign systems that are already found in nature. Bofoundry standardizes and automates the entire process of synthetic biology by combining digital technologies such as artificial intelligence and robots. The initiative was ann
November 30, 2022
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Top security officials of South Korea, US, Japan discuss NK troop deployment to Russia
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Veteran actress Kim Soo-mi dies at 75
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VISUALS: Extreme sports festival kicks off at Gwanghwamun
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South Korea, U.S. defense chiefs to hold talks in Washington
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North Korean troops in Russia are Moscow's 'business,' Putin says
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LG Electronics heat pump to win innovation award at US expo
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PHOTOS: Korea observes Dokdo Day
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Hyundai Mobis posts 31.6% jump in Q3 operating profit
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Old movies make comeback to theaters with nostalgic appeal
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Cyclonic storm makes landfall on eastern Indian coast