LAS VEGAS – With just one more day to go, the Consumer Electronics Show 2022, though requiring attendees to be fully vaccinated, is a potential incubator of next variant of you-know-what thanks to people without masks spread out all over town. An unpleasant experience began right after touching down at McCarran Airport on Sunday. Paul, a Lyft driver who gave a brief tour of the Strip throughout ...

SPC Group said Friday that it has acquired the operation rights of US burger chain Shake Shack in Malaysia and will open the first store there in 2023. The Korean confectionery conglomerate owns the operating right of Shake Shack in Korea and Singapore. It has opened 20 stores in Korea and eight in Singapore since 2016 and 2019, respectively. Michael Kark, chief global licensing officer of Shak...

POSCO, the world's fifth-largest steelmaker by output, said Friday that it has started the construction of a plant in China that will produce galvanized steel sheets to be used in making cars. The plant in Tangshan in northern China's Hebei Province, whose construction is to be completed by 2023, will have a production capacity of 900,000 tons, according to POSCO. In June last year, POSCO signe...

LAS VEGAS -- After unveiling its new vision of expanding a human reach to robotics and metaverse, Hyundai Motor opened its CES booth filled with robots, not cars, to present the future of mobility. The exhibition taking place at the tech show featured three Spots, a quadruped robot, dancing in sync to a BTS song titled “Ioniq: I’m on it.” L7, a micro-mobility concept based on a platform that co...

LAS VEGAS/SEOUL -- Samsung Electronics vice chairman and CEO Han Jong-hee told reporters on Wednesday that the doors for collaboration with panel supplier LG Display is “wide open” for its launch of organic light-emitting diode television sets. At a press conference in Las Vegas, when asked about the rumored partnership with its archrival in TV industry ahead of the world’s largest tech show CES...

The Collection has been designed with three key elements: a design that blends into the space, optimized performance and a state-of-the-art user experience. By focusing on the products‘ original functions, the products‘ designs harmonize with their surroundings to compliment any home’s aesthetic mood, the company said. “Globally, we are all spending more time in our homes than ever. This has on...

Hyundai Heavy Industries Group, which has topped the global shipbuilding industry for the past 50 years, will embark a new mission to become a “future builder,” the company’s CEO said at the Consumer Electronics Show 2022 on Wednesday. “Starting from the sea, HHI Group’s technological innovation will change the lives of people in the future,” said Hyundai Heavy Industries Holdings CEO Chung Ki-s...

Korean game developer looks to expand its intellectual property in TV and film on the global stage

Daewoo Shipbuilding & Marine Engineering Co. said Thursday it has received a 502 billion won ($420 million) liquefied natural gas (LNG) ship order in Greece. Daewoo Shipbuilding will deliver the LNG carriers to an unidentified shipper in Greece by November 2025, the company said in a regulatory filing. The company is the world's third-largest shipbuilder by orders after Hyundai Heavy Industries...

South Korean biopharmaceutical company Celltrion Inc. said Thursday that its self-diagnostic kit for COVID-19 is available for purchase on global retailer Amazon. Celltrion DiaTrust COVID-19 Ag Home Test, co-developed by local health care business Humasis, received the US Food and Drug Administration's Emergency Use Authorization approval last year. The product is supplied through Amazon after ...

Hyundai Motor Group Chairman Chung Euisun and honorary group chief Chung Mong-koo sold their combined 10 percent stake in Hyundai Glovis to the global private equity firm Carlyle Group, the logistics unit of the group said Wednesday. The junior Chung sold a 3.29 percent stake and his father unloaded a 6.71 percent interest in Hyundai Glovis at 163,000 won (US$136) per share through block trading...

Plans to team up with Microsoft for metaverse smart factories

Hyundai Heavy Industries and US company Palantir Technologies will work on building a new big data platform, the companies said Wednesday. The two firms clinched a partnership in Las Vegas a day before the official kickoff of the CES 2022. The deal is reportedly valued at above $25 million, according to the industry. Their multiyear deal will improve the way Hyundai Heavy’s affiliates operate t...

South Korean tire manufacturer Hankook Tire unveiled an airless tire i-Flex at CES 2022, which has been used for Hyundai Motor Group’s latest robotics module Plug & Drive. According to the company, a 10-inch tire is applied with biomimetic design and requires no air inside unlike a traditional tire. Inspired by a cell structure of living body, the tire maker said i-Flex adopted multi-layer inte...

Kim said a program like Dream Gream Young Designer will have a positive impact in the arts field. “I heard that the students who participated as mentees in the Dream Gream’s arts scholarship return as mentors after going to the arts college. In that sense, I think Dream Gream is leading a positive change, giving meaningful values to the people in the arts industry,” she said. Crayon Studio and ...