Most Popular
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Yoon’s jailed mother-in-law excluded from latest parole list
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Korea’s homegrown nanosatellite successfully launches into space
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Nicaragua shuts down Seoul embassy
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SK hynix pledges W20tr to ramp up DRAM production at home
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SNU profs to suspend treatment for one day
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Hybe's multilabel system tested amid conflict with Ador
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Aging population to drive down Korea's housing prices from 2040: experts
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[Market Eye] Chips, batteries, nuclear tech emerge as key agenda in Yoon-Biden summit
US President Joe Biden’s trip to Asia and his choice of South Korea as his first stop underscore Washington’s willingness to address global supply chain uncertainties largely posed by Russia’s invasion of Ukraine, along with efforts to counter dependence on China. This can be achieved by strengthening collaboration with technology powerhouses in Asia’s fourth-largest economy, the summit between President Yoon Suk-yeol and Biden showed. To this end, Yoon and Biden called
May 22, 2022
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Proptech startup Zigbang to launch global metaverse office
Zigbang, a South Korean proptech startup, said Thursday it will launch a global metaverse office platform that allows closer virtual interaction among staffers working for companies in the world. Soma is named after the ‘South of Market’ neighborhood in San Francisco, the home ground of Twitter and Airbnb. Zigbang has high hopes to build a business complex in the metaverse for innovative global startups, according to a company official. The new platform is an upgraded version of M
May 19, 2022
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[Herald Interview] ‘Korea can be Silicon Valley for blockchain’
As South Korea looks ahead into the next five years under the new Yoon Suk-yeol administration, the fourth-largest economy in Asia finds itself at a critical juncture with the inevitable advent of the second era of the digital age based on blockchain technology. Don Tapscott, a leading thinker on blockchain, said in an interview with The Korea Herald that he believes Korea can be the next Silicon Valley if the country has the right national blockchain strategy and a good regulatory environment.
May 19, 2022
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[From the scene] KT SAT seeks multi-orbit strategy for 6G connectivity
GEUMSAN, South Chungcheong Province -- As the world shifts toward the next generation of connectivity for more immersive experiences and real-time communications, more sophisticated satellite connections will be needed, as simple single-orbit approaches are likely to struggle with the data processing in the future. KT SAT, a South Korean satellite communication services provider, was the latest to express a bid to implement a multiorbit strategy -- combining geostationary and lower-Earth orbit
May 19, 2022
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Experts urge SMEs to build brand identity in platform era
Amid the rise of the platform era where tech giants have a strong foothold based on their abundant resources, small companies must build a solid brand identity through digital branding and target a specific customer base, experts said Wednesday. “Big tech corporations such as Amazon wield enormous power over industries -- especially e-commerce, since they provide a simple but powerful platform with a wide range of purchase choices,” said Kim Byung-gyu, a business professor at Yonse
May 18, 2022
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Researchers develop biosensor that can test blood for cancer
Researchers at the Institute for Basic Science have developed a biosensor that can detect cancer with a drop of blood, the IBS said Wednesday. A group of researchers led by Cho Yoon-kyoung developed nanoporous gold electrodes to construct a biosensor with high sensitivity and accuracy, according to the IBS. The researchers named the development process SEEDING, which stands for surfactant-based electrochemical etch-deposit interplay for nanostructure and nanopore growth. The study confirme
May 18, 2022
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Kakao to offer mobility services in Guam
South Korean IT giant Kakao will provide mobility services in Guam before the end of the third quarter through a partnership with Miki Taxi, one of the largest taxi services on the US island territory, Kakao Mobility said Tuesday. In doing so, the firm will become the country’s first mobility company to apply the entire infrastructure ranging from the platform, driver application and administration on foreign soil in terms of taxi business, according to Kakao Mobility. Miki Taxi’
May 17, 2022
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SK inks strategic ties with TerraPower
SK Group said Tuesday it has signed a nonbinding agreement with the US small-sized nuclear power reactor design company TerraPower to solidify the groupwide push to reduce carbon emission. But the second-largest conglomerate in South Korea did not disclose a plan for an investment in the company. Under the plan, SK Inc., SK Innovation and TerraPower will jointly develop “next-generational technologies” needed for small modular reactors which operate at a capacity of 500 megawatts
May 17, 2022
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Ex-employees of Samsung chip vendor indicted in tech theft case
Two former employees of Semes, a Samsung Electronics subsidiary and key semiconductor chip-related equipment supplier, have been indicted for their alleged involvement in technology theft. The two former Semes staffers were allegedly involved in selling crucial wafer cleaning machines -- believed to be identical to ones by Semes -- to an undisclosed Chinese entity, according to Suwon District Public Prosecutors’ Office on Tuesday. The pair and another two employees of a Semes’ suppl
May 17, 2022
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Meet SKT’s new mobile virtual assistant A.
South Korea’s largest mobile carrier, SK Telecom, unveiled Monday an open beta version of a virtual assistant the company said is aimed at providing an “intimate” and “emotional” experience for Android mobile phone users. Named A., pronounced as “ay-dot,” the Korean-language virtual assistant takes on the appearance of a toddler in a raincoat. Powered by a natural language processing model, users will be able to initiate a conversation with the virtual
May 16, 2022
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Motorola phones back in Korea after 9-year hiatus
A South Korean budget mobile carrier said on Monday it will introduce two 5G Motorola smartphone models, nine years after the American brand pulled out the mobile business here. Bookings for the new phones, which will be released at the end of this month, can be made at the online mall of LG Hello Mobile. Motorola left the Korean mobile market in December 2012. The new models Edge 20 Lite 5G and Moto G50 5G are priced at 399,000 won and 349,000 won, respectively. The midrange smartphones sup
May 16, 2022
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Samsung says 6G critical to XR, hologram, digital replica
While 5G penetration is still largely underway worldwide, it does not mean progress to build a faster wireless network globally has peaked. In order to offer users a full-fledged immersive experience, 6G will inevitably replace 5G networks, experts said in the first Samsung 6G Forum hosted virtually by tech giant Samsung Electronics Friday. Given that it takes about a decade to enable the next generation wireless network, and the world is seeing more applications that require massive data pro
May 13, 2022
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Korea develops antiviral nasal spray
South Korean researchers have developed a nasal spray that can kill viruses and bacteria including COVID-19, the culprit of the unprecedented pandemic, the Korea Institute of Science and Technology said Thursday. Labeled the “invisible mask” for its capacity to prevent virus infection as if one was wearing a mask, the nasal spray can remove harmful substances from the outside and protect the mucus membrane, according to the KIST. In order for the sprayed liquid to take effect, it
May 12, 2022
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Korea needs more digital solution providers, CJ tech chief says
Despite rapid digital transformation shaking up industries from manufacturing to finance, South Korea still lacks companies that can provide digital solutions to business challenges, a tech chief executive officer of retail and food giant CJ Group said Wednesday. “It’s the ugly truth that although it is crucial to use cutting-edge digital technologies to improve business operations and satisfy customers, these initiatives are not being delivered fast enough,” said Cha In-hyuc
May 12, 2022
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One Store pulls IPO plan, SK Square pressured to change course
South Korea’s homegrown mobile app store operator One Store has dropped its plan to go public amid poor stock market conditions, the company said Wednesday. One Store’s decision comes a day after a book building of institutional investors wrapped up, in which the offering price of a common share was below its suggested price band, at between 34,300 won ($26.9) and 41,700 won apiece. The figures have estimated One Store’s equity value at between 910 billion won and 1.1 trilli
May 11, 2022
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South Korean researchers develop blood test platform to detect Alzheimer’s
South Korean researchers have developed a diagnosis platform using blood testing to detect early-stage Alzheimer’s disease, the Korea Research Institute of Bioscience and Biotechnology said Wednesday. To date, there is no cure for Alzheimer’s disease, a type of senile dementia leading to memory loss and cognitive impairment. The KRIBB said the key to treatment is to slow the progression of the disease through accurate early diagnosis. The researchers confirmed that the level of m
May 11, 2022
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New science chief underlines strategic investments on chip, AI, space, bio
Lee Jong-ho, the new science and ICT minister, stressed the importance of securing core technologies of semiconductor, artificial intelligence, space and bio in his inaugural speech on Wednesday. “In an era where technology is sovereignty, the public and private sectors must consolidate their capabilities to strengthen strategic investment and all-around support and fortify the more practical innovation ecosystem of industry, academia, and research. We need to pursue our own super-gap and
May 11, 2022
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LG Energy Solution, RIST to begin joint research on smart factory tech
LG Energy Solution Ltd. and the Research Institute of Industrial Science and Technology (RIST) said on Wednesday they agreed to conduct a joint research project to develop smart factory technologies. Among the technologies the country’s top battery maker and the Posco-founded think tank plan to develop together is a “digital twin,” a virtual representation that serves as the real-time digital counterpart of a physical space to predict possible problems through various simulati
May 11, 2022
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[Photo News] OLED that folds 360 degrees
This photo unveiled Tuesday shows an 8-inch, 360-degree folding organic light-emitting diode screen for mobile devices by South Korean panel maker LG Display. It was showcased during Display Week 2022 hosted by the Society for Information Display from Sunday to Friday in San Jose, California. According to LG Display, the screen can be folded over 200,000 times without affecting its performance.
May 10, 2022
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Samsung retakes No.1 in Indian market with S22 Ultra in March
Samsung Electronics has reclaimed the No.1 spot by monthly sales in India, buoyed by the return of its Galaxy Note successor Galaxy S22 Ultra, a phablet with built-in stylus S Pen support, data showed Tuesday. Samsung emerged as the leader in overall smartphone sales and shipments for the first time in six months in the world’s second-largest smartphone market, showed data by market intelligence Counterpoint Research. In March, Samsung accounted for 22 percent by volume market share and
May 10, 2022