Business
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Malaysian university adopts Visang's AI-based Korean learning platform
SEOUL, July 04 (AJU PRESS) - Visang Education, a Korean educational company, said Thursday its artificial intelligence-based Korean-language learning platform has been adopted by the Korean language education center of the Asia Pacific University of Technology & Innovation (APU) in Malaysia. The platform, Master K, includes various smart learning tools, such as virtual classrooms and AI pronunciation tests, to support remote teaching. The private university in Kuala Lumpur is
July 4, 2024 -
Police investigate after live bullet found in Korean Air flight attendant's bag
SEOUL, July 4 (AJU PRESS) - A live bullet was discovered in the carry-on luggage of a Korean Air flight attendant who was about to board a flight at Incheon International Airport, west of Seoul, police said Thursday. The 7.62mm caliber round was detected during a security check before a flight from Incheon to Bangkok on Tuesday. Airport police confiscated the bullet and allowed the female crew member to depart. They plan to question her upon her return. Korean Air's intern
July 4, 2024 -
Korean beauty brand Adapt establishes US subsidiary
SEOUL, July 3 (AJU PRESS) - Korea's health supplement and beauty products maker, Adapt, has established a subsidiary in Sacramento, California to expand its sales channels in the U.S. market. The Korean firm announced on Tuesday that it had completed the establishment of Adapt US. The company plans to launch an online store in the U.S. and enter multi-brand shops. Adapt is known for its health supplement brand Foodology and men's grooming brand OBgE. The c
July 3, 2024 -
Korean firms to form new body for small modular reactor business
SEOUL, July 3 (AJU PRESS) - Korean companies and public institutions involved in nuclear energy agreed on Wednesday to establish an association to support the small modular reactor (SMR) business, the Ministry of Trade, Industry and Energy said. The SMR Alliance, a public-private cooperative body, discussed various measures to accelerate the development of next-generation reactors during a meeting in Seoul marking its first anniversary. The group decided to reorganize itself into
July 3, 2024 -
LG Electronics acquires Dutch smart home platform to lead AI home era
SEOUL, July 3 (AJU PRESS) - LG Electronics said Wednesday it has recently purchased an 80 percent stake in Athom, a Dutch smart home platform company. The acquisition aims to combine Athom's open smart home ecosystem with LG's artificial intelligence-powered appliances and generative AI to create an "AI Home" experience. LG also signed to acquire the remaining 20 percent within three years. Athom's Homey Pro hub connects over 50,000 appliances and Interne
July 3, 2024 -
Samsung TV Plus introduces channel on panda family
SEOUL, July 03 (AJU PRESS) - Samsung TV Plus is launching a new Bao Family channel, featuring content from Everland's YouTube series "Talking Zoo Puppa TV." The channel, set to air on Wednesday, will showcase the daily lives of Everland Panda World's mascots: Le Bao, Ai Bao, Fu Bao, Rui Bao, and Hui Bao. Viewers can enjoy programs such as "Grandpop's POV (Point of View)," which focuses on zookeeper Kang Chul-won's interactions with Fu Bao, and
July 3, 2024 -
Lotte Biologics breaks ground on new biopharmaceutical plant in Songdo
SEOUL, July 3 (AJU PRESS) - Lotte Biologics Co., a Korean contract development and manufacturing organization (CDMO), began construction of a new biopharmaceutical manufacturing plant in Songdo, Incheon, on Wednesday. The facility, slated for completion in the first quarter of 2026, will have a production capacity of 120,000 liters of biomedicines. The company plans to build two additional plants of similar scale at the Songdo campus, aiming to establish a total production capacity
July 3, 2024 -
CEO of Korea's top food delivery service app resigns
SEOUL, July 2 (AJU PRESS) - Lee Kuk-hwan, CEO of Woowa Brothers, the operator of Korea's top food delivery service app Baedal Minjok (Baemin), resigned on Tuesday for “personal reasons.” Woowa Brothers, owned by Germany’s Delivery Hero, appointed Pieter-Jan Vandepitte as interim CEO through a board meeting on the same day. The Belgian director will serve in this role until the new CEO is officially appointed, possibly next month. Industry sources said there
July 2, 2024 -
Vietnamese PM discusses enhanced cooperation during meetings with Samsung, Hyundai chiefs
SEOUL, July 2 (AJU PRESS) - Vietnamese Prime Minister Pham Minh Chinh has met with the heads of major Korean business groups to discuss expanded investment and cooperation. Chinh arrived in Seoul on Sunday for a four-day visit aimed at strengthening economic cooperation between the two countries. The premier met with Samsung Electronics Chairman Lee Jae-yong in Seoul on Tuesday and Hyundai Motor Group Chairman Chung Eui-sun on Monday. During the meeting, Lee emphasized the imp
July 2, 2024 -
Samsung Electronics union threatens three-day strike next week
SEOUL, July 2 (AJU PRESS) - Samsung Electronics' largest labor union has threatened to go on a three-day full-fledged strike next week, demanding higher wages for some workers. The National Samsung Electronics Labor Union (NSELU), representing about 22 percent of Samsung's 125,000 employees, declared the strike on Monday evening following failed negotiations with management. The union will walk out from Monday to Wednesday, demanding higher wage increases for 855 members
July 2, 2024
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Morocco considers new law on cryptocurrency
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GI Innovation selected for national drug development projects
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PHOTOS: Annual beauty competition in Seoul draws 600 participants
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OPINION: Will Trump renegotiate AUKUS treaty or walk away? That's $368 billion question
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Japan's new rocket engine explodes in critical test
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China extends visa-free stay for Australians to 30 days
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Seoul expresses regret over Japan's handling of memorial service at Sado mines
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Value of North Korean currency has dropped sharply in recent months: report
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BTS' Jungkook nominated for multiple Billboard Music Awards
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PHOTOS: Star-studded cast introduces new thriller series 'Family Matters'