Business
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KT allies with subscription service company to launch smart home service
SEOUL -- South Korea's top telecom service provider, KT, has partnered with Coway, a leading home appliance subscription service provider, to develop an artificial intelligence-based smart home service targeting the global market, which is projected to reach $195.3 billion by 2025. A smart home solution is basically a network of home appliances and internet of things (IoT) sensors hooked onto a home network managed by AI. All devices interact with human masters and themselves t
November 30, 2022 -
ADD's research center works with Satrec Initiative to localize satellite electric propulsion system
SEOUL -- A research center run by South Korea's defense technology development agency has localized a small high-efficiency electric propulsion system capable of adjusting the orbit of about 150 kilograms (330 pounds) of satellites. It can be used for bigger satellites through improvement in propulsion power. Spacecraft electric propulsion uses electrostatic or electromagnetic fields to accelerate mass to high speed and generate thrust to modify the velocity of a spacecraft in
November 29, 2022 -
SKT partners with Singtel to popularize virtual content in Asia Pacific market using metaverse platform Ifland
SEOUL -- SK Telecom, a top mobile carrier in South Korea, joined hands with Singapore's telecommunications conglomerate Singtel to create various metaverse content tailored to Singaporeans. Using a popular metaverse platform called "Ifland," the South Korean company will promote its virtual content in the Asia Pacific region. Singtel has about 770 million users in 21 countries are using including India, Indonesia, Thailand and Australia. Ifland has become one of the t
November 29, 2022 -
Kia works with government to increase blue carbon in coastal lands
SEOUL -- Kia, an affiliate of South Korea's Hyundai auto group, has been selected as a partner for a state project to restore coastal wetlands and increase the amount of blue carbon, which is an important part of ocean ecosystems. The project is in line with an international blue carbon Initiative to mitigate climate change through the conservation and restoration of coastal and marine ecosystems. Blue carbon is organic carbon captured and deposited by organisms such as seagra
November 29, 2022 -
Hyundai Mobis demonstrates self-driving cooperative robots at factory in southern port city
SEOUL -- Self-driving cooperative robots created by Hyundai Mobis, the parts-making wing of South Korea's Hyundai auto group, will be demonstrated at a factory in the southern port city of Ulsan to increase work efficiency. The robots can move freely in all directions using light detection and ranging (LiDAR) sensors and cameras. Hyundai Mobis said two types of robots -- mobile robots with multi-joint robotic arms and logistic robots -- will be demonstrated to help human worker
November 28, 2022 -
Woowa starts door-to-door robot food delivery in iconic Gangnam shopping mall
SEOUL -- The operator of Baedal Minjok, South Korea's top food delivery service operator, has started a door-to-door robot food delivery service at an iconic shopping mall complex in Gangnam, a Seoul district well known for rapper Psy's 2012 song "Gangnam Style." The service demonstrates a technical advance in self-driving food delivery robots that have been tested in limited environments. Woowa Brothers has developed Dilly, a lineup of serving and food delivery
November 28, 2022 -
SK picglobal opens world's first DPG-only production facility
SEOUL -- SK picglobal, a chemical joint venture in South Korea, opened a plant that can only produce about 30,000 tons of dipropylene glycol per year to meet a growing global need. Dipropylene glycol is a very useful reactive intermediate in various industries for its low toxicity and solvent properties that make it an ideal additive for perfumes and skin and hair care products. Dipropylene glycol is a co-product coming from the manufacture of mono propylene glycol. It is a water-so
November 28, 2022 -
SK on ties up with China's GEM to establish nickel joint venture in Indonesia
SEOUL -- A U.S. inflation reduction act puts pressure on many South Korean companies to reduce their traditional reliance on Chinese raw materials and set up a diversified supply chain, especially in the manufacturing and distribution of electric vehicle batteries. Realistically, it's hard to cast off the yoke of the world's second-largest economic power which has already established itself as South Korea's indispensable trade partner. SK on, a battery maker affiliated w
November 25, 2022 -
LG's agro-tech wing partners with rural county to accelerate adoption of smart farms
SEOUL -- Farm Hannong, the smart agricultural technology wing of LG Chem, has partnered with a rural county famous for its vast and fertile flatlands ideal for farming, to accelerate the adoption of smart farms and digital farming technology. Smart farming in South Korea with a 30-trillion-won ($22.5 billion) crop-farming sector is at its infant stage, mainly because of the aging population of farmers at an average age of 67 years old. Old farmers prefer to grow crops using traditi
November 25, 2022 -
Over 40% of S. Koreans willing to dump Netflix in case of ban on account-sharing: survey
SEOUL -- Netflix, an American subscription streaming service and production company, has gained overwhelming popularity in South Korea with greater support from young users. However, many subscribers here are willing to dump it if the world's biggest over-the-top service bans users from sharing accounts with their family members and friends. South Korea has some 42.8 million over-the-top (OTT) paid subscription users as of September 2022. Netflix is the top player with some 12 m
November 24, 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