[OPINION] Germany is a Positive as well as Powerful Leader

KENOSHA -- On March 3, Chancellor Olaf Scholz of united Germany visited with President Joe Biden at the White House. The visit brought no public disagreement. Some misguid

March 15, 2023

S. Korean President to have dinner with Japan's Prime Minister at Omurice restaurant during summit

SEOUL -- President Yoon Suk-yeol will visit Japan on March 16 for two days to meet Japan's Prime Minister Kishida Fumio for a summit meeting. The two leaders will engage in discussions to find solutions to improve bilateral relations and have dinner at an Omurice restaurant in Ginza, Tokyo's shopping district filled with department stores and restaurants. It would be the first visit by a South Korean president to Japan in about four years since ex-President Moon Jae-in attended

March 15, 2023

​American battery startup ONE opens South Korean office

SEOUL -- American battery startup Our Next Energy, backed by Bill Gates and BMW, has set up an office in South Korea. The CEO of the South Korean office is Shazad Butt, the Chief Operating Officer of the battery startup. Aju Daily found through its news covering process that Our Next Energy (ONE) chose to nest inside an information technology industry center in Hwaseong southwest of Seoul. The American startup is busily moving to start a business in South Korea. The company had rec

March 15, 2023

KT to work with camping service startups for outdoor autonomous robot delivery business

SEOUL -- South Korea's major telecom company KT will work with camping service startups to provide autonomous delivery robot services at various campsites. Camping has been rising in popularity in South Korea, especially among people in their 30s and 40s. According to data released by South Korea's statistics office, the number of campers skyrocketed to 6.8 million in 2020 from 5.3 million in 2019. The national statistics office predicts that the number of campers surpass

March 15, 2023

​Hyundai Motor company becomes world's third-largest carmaker: market data

SEOUL -- South Korea's Hyundai auto group has become the world's third-largest carmaker, thanks to the motor group's clean energy vehicles including electric vehicles which became popular in major car markets in North America and Europe, investor relations data released by various car companies showed. Also, increased sales of Hyundai's luxury car brand Genesis played a vital role in boosting the company's global recognition around the world. Hyundai entered the

March 15, 2023

Bio-venture firm GI Innovation hopes to be listed on S. Korean version of NASDAQ

SEOUL -- As a promising unicorn in South Korea's bio-venture sector, GI Innovation aims to be listed on KOSDAQ, the South Korean version of the U.S stock market NASDAQ. At an initial public offering briefing held on March 13, the bio-venture company unveiled its scheme to transfer five additional technologies by 2028. During the briefing session, the company's CEO Rhee Byung-geon proudly introduced GI-SMART, a smart screening system capable of detecting optimal dual fusion

March 14, 2023

[COLUMN] 'Study-in-rural-village' education project creates 'hometown' for future generations

SEOUL --​ "It could not be more perfect." It was a comment from Yun Si-hu, a fifth-grade student who transferred from a school in Seoul to a Woldeung Elementary school in Suncheon some 294 kilometers (182 miles) south of the capital city. His words were the most comforting to people like me who are in a situation where we have to contemplate the effi

March 14, 2023

Nongshim to establish strawberry smart farm infrastructure in Saudi Arabia

SEOUL -- A consortium led by Nongshim, a major food company in South Korea, will build strawberry smart farms in Saudi Arabia. The Middle Eastern country has been relying on imported strawberries due to the lack of agricultural land and water. A smart farm is an automated indoor farm capable of automatically analyzing the temperature, humidity, and amount of sunlight using the internet of things (IoT) technology. Farmers can grow plants without having to worry about weather conditi

March 14, 2023

Hyundai signs term sheet to acquire GM car factory in India

SEOUL -- Hyundai Motor is pushing to acquire a foreign car factory in India for the first time since entering the Indian market in 1996. The company aims to increase its annual production to around 900,000 units and surpass the current leader Maruti Suzuki to take the top spot in the world's fourth-largest car market. According to data released by Statista, a global market analyst firm, India's automobile market is rapidly growing at an annual average growth rate of about 3

March 14, 2023

Lotte's home shopping channel selects human influencers to manage virtual model Lucy

SEOUL -- The home shopping channel of Lotte Group has selected human influencers who will be in charge of managing Lucy, a 29-year-old virtual model with some 104,000 followers on Instagram. Based on actual experience, the human managers will plan various types of content for the virtual influencer who made a debut as an online shopping show host in 2022. Lucy, created by synthesizing a face with an image of a real person, has interacted with viewers through live commerce shows. Sh

March 14, 2023