[CES2024] Doosan Group showcases cooperative robots and zero-carbon tech at CES

LAS VEGAS -- South Korea's Doosan Group and its subsidiaries specializing in robotics, heavy equipment, and renewable energy, showcased their latest technologies focused on robot-human cooperation and carbon-zero machinery at the Consumer Electronics Show, the world's biggest annual electronics exhibition held in Las Vegas. The South Korean machinery giant held a pre-event press conference at the Consumer Electronics Show (CES) on January 8 (local time), a day before the m

January 9, 2024

Hanwha Q Cells to provide 12 gigawatt-class solar panels to Microsoft

SEOUL -- Hanwha Q Cells, the solar cell-making wing of South Korea's Hanwha Group, will provide 12 gigawatt-class solar panels to Microsoft by 2032. The amount of generated electricity is enough to provide power to about 1.8 million households annually. According to data released by global energy market research firm Wood Mackenzie, Hanwha Q Cells topped the residential and commercial solar module markets in the U.S. in the first half of 2023. The South Korean company is opera

January 9, 2024

[CES2024] S. Korea to open promotional booth for metaverse companies at CES

LAS VEGAS -- South Korea's science ministry will set up a booth at the Consumer Electronics Show, the world's largest annual consumer electronics exhibition held in Las Vegas, to help 10 South Korean companies promote their metaverse-related products to global investors and clients. Metaverse is a virtual world where anyone can engage in many different social and economic activities using their own avatars. Metaverse platforms require high-speed internet access. According

January 8, 2024

[CES2024] LG Electronics to showcase wireless transparent OLED TV for first time at CES

LAS VEGAS -- LG Electronics will showcase its wireless transparent OLED TV for the first time at the Consumer Electronics Show, the world's largest annual electronics exhibition held in Las Vegas. The TV featuring a "self-lit" organic light-emitting diode screen requires no cables except the power cord, maximizing its portability. Self-lit organic light-emitting diode (OLED) technology refers to a display system with individual pixels capable of emitting their own li

January 8, 2024

[CES2024] S. Korea to open promotional booth at CES 2024

LAS VEGAS -- South Korea's trade and investment promotion agency will set up a large-sized booth at the Consumer Electronics Show, the world's largest annual consumer electronics exhibition held in Las Vegas, to help some 480 South Korean organizations and companies promote their products and services to global investors and clients. KOTRA, or the Korea Trade-Investment Promotion Agency, is a South Korean government agency responsible for promoting international trade and

January 8, 2024

Convenience store chain GS25 to operate 1,000 stores in Viet Nam by 2027

SEOUL -- The operator of South Korea's convenience store franchise GS25 aims to increase the number of its stores in Viet Nam to 1,000 by 2027 from the current 518. Along with Vietnamese snacks, the iconic South Korean convenience store chain is selling various South Korean food including Korean-style fried chicken and Tteokbokki, finger-sized rice cakes simmered in fiery-red spicy chili sauce. GS Retail, the operator of GS25, made a foray into the Vietnamese convenience sto

January 8, 2024

[CES2024] Chinese tech firms return to CES despite US-Sino trade dispute

LAS VEGAS -- Chinese tech firms will swarm the Consumer Electronics Show, the world's biggest annual electronics exhibition held in Las Vegas. Despite the enduring trade dispute between Beijing and Washington, the robust participation by Chinese firms sends a clear signal that in the private sector, firms strive to distance themselves from governments embroiled in the trade war. In January 2023, when most countries had not yet opened their borders to prevent COVID-19 and Chine

January 8, 2024

NewJeans wins grand prize at S. Korea's Golden Disc Awards

SEOUL -- Girl band NewJeans won the grand prize for the digital songs at South Korea's annual music awards. The five-member band lifted the top award trophy at the Golden Disc Awards with Ditto, the group's global hit song released in December 2022. The dance-pop song with a nostalgic vibe garnered more than 520 million streams on Spotify, the world's top music streaming service. NewJeans, which debuted in July 2022, was formed under the command of Min Hee-jin, a geni

January 8, 2024

S. Korean video game 'DAVE THE DIVER' achieves milestone sales of 3 mln copies

SEOUL -- "DAVE THE DIVER," a casual, single-player adventure role-playing game developed by South Korean game developer MINTROCKET, has achieved milestone sales of three million copies. This is the first time for a South Korean game developer to garner global attention with a single-player video game. The adventure game, released in October 2022, depicts a story about Dave, a hard-working diver. Players can control Dave to catch fish, manage a restaurant, and farm vegeta

January 5, 2024

US drugmaker Rhythm Pharmaceuticals to acquire LG Chem's anti-obesity drug technology

SEOUL -- Rhythm Pharmaceuticals, a Boston-based biopharmaceutical company, has agreed to acquire technology for LB54640, an anti-obesity drug candidate developed by South Korea's major chemical company LG Chem. A second-stage clinical study is under way in the United States. Rare obesity mainly occurs due to an abnormal function of the melanocortin-4 receptor (MC4R), a gene that sends a satiety signal. The disease typically manifests in childhood, and patients with the cond

January 5, 2024