S. Koreans seek to visit foreign countries during autumn harvest festival holiday

SEOUL -- South Koreans are racing to book flight tickets to Asian and Southeast Asian countries including Japan, Viet Nam, and Thailand to spend their golden six-day "Chuseok," Korean traditional autumn harvest festival, scheduled for the last week of September. As a result, tickets for some popular routes have already been sold out. Chuseok is the largest traditional festival holiday in Korea where family members gather to celebrate the full moon, based on the lunar calendar

August 29, 2023

S. Korean fighter jet 'FA-50' performs aerial acrobatics in Poland

SEOUL -- South Korean aircraft maker Korea Aerospace Industries has showcased its light fighter jet called "FA-50" at an international airshow in Poland. At the exhibition, hosted by Poland's military property agency, 20 types of fighter jets from European nations including Britain and Germany performed aerial acrobatics in front of more than 200,000 spectators. Without disclosing the number of aircraft, the Korea Aerospace Industries (KAI) said FA-50 took part in the

August 29, 2023

LG Chem to make $94.3 mln investment to increase production of reverse osmosis membranes

SEOUL -- Targeting the water desalination market, LG Chem earmarked 124.6 billion won ($94.3 million) for new investment to expand the production of reverse osmosis membranes at its plant in Cheongju, a city located in the center of South Korea. Without disclosing the current capacity, the conglomerate said that the plant's maximum annual production capacity would be increased by 400,000 membranes by July 2025. With 400,000 membranes, 1.56 billion tons of water can be desalinated annua

August 28, 2023

Hyundai Motor Group records about 1 mln accumulated domestic unit sales of hybrid vehicles

SEOUL -- Hyundai auto group has recorded about one million domestic unit sales of hybrid vehicles since 2009 when the South Korean motor group released its very first liquefied propane gas and gasoline hybrid fuel vehicle designed to attract consumers who wish to purchase fuel-efficient vehicles. Later, the company developed and released lithium-ion battery and gasoline hybrid models. According to data released by Hyundai Motor and its brother company Kia on August 27, a total of 997

August 28, 2023

Korean Zombie announces retirement after UFC fight with top-ranked featherweight fighter Max Holloway

SEOUL -- Jung Chan-sung, a South Korean fighter known by his ring name "The Korean Zombie," announced that he would end his career as a mixed martial artist after the UFC fight against Max Holloway, an American fighter who is ranked first in the featherweight division. At the UFC event held in Singapore on August 26, Holloway defeated the 36-year-old South Korean fighter via knockout at 23 seconds in the third round. "I'm going to stop fighting," Jung said durin

August 28, 2023

Sales of seafood decrease due to fear of Japanese nuclear-contaminated water

SEOUL -- Consumption of seafood in South Korea has decreased for six consecutive quarters since 2022, one year after Japan announced that the country decided to release contaminated water from the Fukushima nuclear power plant, the world's worst nuclear disaster site since the Chornobyl nuclear disaster in 1996, into the Pacific Ocean. Data released by South Korea's state statistical information service on August 27 showed that the monthly average amount of money spent on pur

August 28, 2023

Hyundai Mobis partners with Israel's Autotalks to develop 5G-based vehicle-to-everything technology

SEOUL -- Hyundai Mobis, the parts-making wing of South Korea's Hyundai auto group, has partnered with Autotalks, an Israel-based semiconductor company, to develop 5G-based vehicle-to-everything technology. Through the technology that enables vehicles to share various huge amounts of data with surrounding infrastructure in real-time, Hyundai Mobis aims to gain a competitive edge in the self-driving car market. Vehicle to Everything (V2X) allows autonomous cars to communicate with ot

August 28, 2023

Coastal city Seosan to commercialize drone delivery for island residents

SEOUL -- Seosan, a South Korean coastal city with many small islands, will commercialize drone delivery for residents living on its islands. The city in the western region showcased a drone carrying dried seafood at a demonstration event attended by experts from a state aviation safety technology institute and companies specializing in drone technology. Seosan said in a statement on August 24 that its "hybrid multicopter" run by hydrogen power and batteries was tested in

August 25, 2023

Shilla Hotel's business hotel wing allows guests to eat delivered food

SEOUL -- Shilla Stay, the business hotel wing of South Korea's Shilla Hotels & Resorts, launched an in-house food delivery service for guests. When food deliverymen arrive at the lobby of Shilla Stay hotels, hotel workers will pick up food packages and deliver them to guests' rooms. While South Korean motels and inns do not restrict guests from using food delivery services, almost every business hotels and high-class hotels ban deliverymen from moving through the lobby in

August 25, 2023

Convenience store chain Emart24 to open first store in Cambodia in first half of 2024

SEOUL -- Emart24, the convenience store chain of South Korea's retail giant Shinsegae, plans to open its first store in Cambodia in the first half of 2024. The company, which already runs stores in Singapore and Malaysia, will work with Hanlim Architecture Group, a Seoul-based real estate service provider, to make a foray into the Southeast Asian country's convenience store market. According to data cited by Emart24, Cambodia recorded an annual economic growth rate of about

August 25, 2023