Latest news
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LG Chem provides reverse osmosis filters for China's salt lake lithium extraction project
SEOUL -- LG Chem has supplied some 10,000 reverse osmosis membrane filters for a lithium extraction project led by CITIC Group, a state investment firm in China. Using LG Chem's filters, the project operator can produce about 20,000 tons of lithium carbonate, which can be used to manufacture batteries for about 500,000 electric vehicles. Reverse osmosis (RO) is a process of removing salt and other substances from water through a semi-permeable membrane. RO membranes are favored
March 23, 2023 -
South Korea's online luxury goods market shrinks due to inflation and change in consumer trends
SEOUL -- South Korea's online luxury goods market which thrived during the COVID-19 pandemic has shrunk after the country took steps such as lifting regulations on compulsory face masks at public places to normalize people's lives through the so-called "reopening" process. South Korea's online luxury goods market mainly comprised of online commerce platforms and secondhand luxury goods trading services hit its prime in March 2022. The number of monthly active
March 22, 2023 -
KT partners with parking control system provider to make foray into smart parking business
SEOUL -- South Korea's major telecom company KT has partnered with Amano Korea, a parking control system provider, to make its first step into the smart parking service market. Although the adoption of autonomous vehicles has gained momentum in South Korea, human drivers are mainly still in charge of parking to prevent unexpected situations. Smart parking incorporates artificial intelligence (AI), big data, and cloud computing to improve parking efficiency. The solution connect
March 22, 2023 -
Ecommerce giant Coupang to adopt more tailor-made electric delivery trucks
SEOUL -- In a bid to reduce operating costs and carbon emissions, Coupang, the South Korean counterpart of Amazon, will adopt more electric delivery trucks that are tailor-made to meet the ecommerce giant's special requirements. Coupang, popular among busy working people and housewives for its overnight fresh grocery deliveries, rolled out electric delivery trucks in the southeastern parts of South Korea for the first time as an ecommerce delivery service operator in 2019. The
March 22, 2023 -
Researchers develop water strider-like robot capable of jumping vertically up to 19.6 inches
SEOUL -- Researchers developed a water strider-like robot that can float on water and jump vertically up to 50 centimeters (19.6 inches). The water jumper, which is also capable of jumping over obstacles when jumping forward, could be used for surveillance and military purposes. Water striders are small insects that can walk on water and jump extremely high. Although many water strider-like jumping robots have been showcased, it's been difficult to adopt them because such smal
March 22, 2023 -
Hyundai unveils automatic charging robot for electric vehicles
SEOUL -- To ease electric vehicle drivers' hassle of having to plug a charging cord into their cars every time, South Korean carmaker Hyundai has developed an intelligent robot that can communicate with vehicles and automatically connect a car to a charger. Currently, electric vehicle (EV) drivers have to park their cars in a parking lot section where EV chargers are installed and manually plug the charger cord into their vehicle. The process is simple but it gets tr
March 22, 2023 -
BTS' brother band TXT to headline annual music festival 'Lollapalooza' in US
SEOUL -- TXT (Tomorrow X Together), a K-pop boy band organized by the agency of BTS, will interact with global fans in Chicago through Lollapalooza, a popular global music event, as its headliner. The five-member band will take part in the global music festival along with American rapper Kendrick Lamar and Billie Eilish, an American singer-songwriter. Lollapalooza is an annual global festival that was held in various countries including the United States, Chile, and Brazil. BTS me
March 22, 2023 -
Civilian-made space vehicle Hanbit-TLV makes successful flight
SEOUL -- Hanbit-TLV, a South Korean space vehicle launched from a space center in Brazil, made a successful flight, becoming the first domestic civilian test launch vehicle. The space vehicle developed by South Korean startup Innospace burnt its engine for about 106 seconds. Hanbit-TLV lifted off from the Alcantara Space Center at 2:52 p.m. (local time) on March 19. After combusting its engine for 106 seconds, Innospace said the small satellite launcher fell within Brazil's m
March 21, 2023 -
London Business School professor urges companies to come up with specific purpose in polycrisis era
SEOUL -- Alex Edmans, a finance professor at London Business School, urged companies to utilize their strengths to overcome the global polycrisis, which refers to multiple social crises such as inflation, COVID-19, and the Russia-Ukraine war. At a conference held in Seoul, the British scholar highlighted LG Electronics commercializing a robot that disinfects surfaces using ultraviolet light amid the COVID-19 pandemic. LG Electronics' autonomous quarantine robot was commercializ
March 21, 2023 -
Catering company Our Home develops AI dietary management solution capable of improving cognitive functions
SEOUL -- South Korea's catering giant Our Home has developed an artificial intelligence-based dietary management solution that can help old people improve cognitive function. Commercialization of the dietary solution can significantly help patients suffering from memory loss. The number of patients with mild cognitive impairment and dementia is steadily increasing in South Korea. Data released by the National Medical Center, South Korea had about 890,000 dementia patients in 2
March 21, 2023
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Cost drives South Korean travelers' choices, survey finds
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Yoon's troop deployment under martial law raises questions about alliance: US Congress report
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Stray Kids' latest album claims top spot on Billboard chart
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Opposition party to push for Acting President's impeachment this week
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Demand for Santa Claus jobs surges despite subdued holiday mood
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Executive promotions plunge across major conglomerates amid economic uncertainty
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Historical espionage film 'Harbin' set for release in North America
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Hotels see growing demand of seasonal products
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Consumer sentiment in South Korea worst since November 2022
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'North Korea proposed troop deployment to Russia,' U.S. officials believe