Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Medical reform committee kicks off despite boycott from doctors
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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DP leader says he will meet Yoon without conditions
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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Over 9,000 hotline calls made by stalking victims in 2023
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Monthly users on local streaming platforms outpace Netflix, Disney+
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US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
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Korea becomes first country to regulate Google’s in-app commission policy
The South Korean parliament passed a controversial bill on Tuesday that could break the app store duopoly of Google and Apple, in a move watched closely by the world for its potentially radical implications. The so-called anti-Google bill, endorsed by the National Assembly with 180 votes in its favor, amends the Telecommunications Business Act to stop the US-based IT titan from requiring local app developers to use its payment system for in-app sales. It is set to take effect immediately afte
Aug. 31, 2021
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[News Analysis] Is world ready for foldable phones?
One of Samsung Electronics’ goals this year was to see foldable smartphones proliferate. So far, so good, with its latest Galaxy Z Fold3 and Z Flip3 phones shattering sales records of their predecessors. In South Korea alone, preorders for the two newest foldable devices stood at 920,000 units during the week of Aug. 17-23. Then, on Friday, the first day of mobile subscriptions, around 270,000 units of the two models were booked, according to carriers. This marked the largest number f
Aug. 31, 2021
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After quiet flu season, experts fear Korea might be in for rebound
With fall just around the corner, concerns are once again rising of a possible “twindemic” -- a COVID-19 pandemic coupled with flu endemic -- which never materialized last year. In Korea and across the Northern Hemisphere, the last flu season, which would have taken off around November and run through spring, was almost non-existent. Widespread behavioral changes such as crowd avoidance, hand hygiene and masking put in place to keep COVID-19 at bay seem to have stifled othe
Aug. 31, 2021
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Hyundai Heavy develops offshore carbon dioxide storage platform
Hyundai Heavy Industries Group has developed an offshore platform to store carbon dioxide under the ocean floor with the state-run Korea National Oil Corp. (KNOC), the group said Tuesday. The group's two affiliates-- Korea Shipbuilding & Offshore Engineering Co. (KSOE) and KSOE's subsidiary Hyundai Heavy Industries Co. -- have won approval in principle (AIP) for the offshore platform from DNV, a Norwegian ship quality assurance and risk management company, it said. AIP for the platform mea
Aug. 31, 2021
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Korean gamers take action against NCSoft’s ‘misleading’ marketing
On Thursday, two South Korean game developers had sharply contrasting fortunes on the local stock market: NCSoft’s shares plunged 15.29 percent, while Pearl Abyss shares skyrocketed 25.57 percent. The share price moves of both companies were affected by reactions to their new game titles -- NCSoft’s newly launched mobile role-playing game Blade & Soul 2 and Pearl Abyss’ trailer video for DokeV, an open-world game, whose release date is yet to be announced. The dr
Aug. 30, 2021
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S. Korea's lunar orbiter on track for launch next year
South Korea's science ministry said Monday the country's first lunar exploration mission is on track for launch in August next year after it strengthened ties with the United States earlier this year in space exploration. South Korea aims to conduct a yearlong mission to observe the moon through an orbiting spacecraft, with hopes of securing technologies for future space exploration missions. The Ministry of Science and ICT said it has completed rigging a high-precision camera, developed by th
Aug. 30, 2021
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South Korean patents in core future technologies lag in quality: report
South Korea is churning out patents in core areas of the “fourth industrial revolution,” but their impact is falling far short of matching up to this, a recent report shows. According to the state-run Korea Institute of Science & Technology Evaluation and Planning’s latest analysis of the country’s technological innovation capability, the country ranked third out of 44 countries surveyed in terms of the number of patents registered in the US in nine selected fields
Aug. 29, 2021
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Coway adds aesthetic touch to electric dehumidifiers
Amid the prolonged COVID-19 pandemic, consumers’ interest in what makes their home a more pleasant place to be has grown. This has certainly affected the home appliance market. Before, devices like electric dehumidifiers were not something people sought aesthetic satisfaction in. Yet, in this era, they need to change. Coway’s recently launched Noble Dehumidifier AD-1221E is a new addition to the ranks of premium appliances, with design elements more commonly found in luxury furnit
Aug. 29, 2021
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Kolon Glotech invests W6b in satellite projectiles, eyes on space business
Kolon Glotech, the car seat fabric maker under Kolon Group, plans to enter the aerospace business by forging strategic partnerships with local startups. The company said Thursday it has invested 6 billion won ($5.1 million) in Innospace, a South Korean aerospace manufacturing tech startup, to develop light-weight composite materials used in the launch vehicles of small satellites. Some products from Kolon Dacc Composite, a subsidiary of Kolon Glotech, are already used in products under deve
Aug. 27, 2021
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Prosecutors raid Daewoong Pharmaceutical, charges not verified yet
Daewoong Pharmaceutical is under a prosecutors’ investigation, with industry sources suggesting Friday that the subject of the probe is trade secret misappropriation. The Seoul Central District Prosecutor’s Office said it conducted a search and seizure operation at Daewoong’s headquarters in Samsung-dong, Gangnam-gu, Seoul, Thursday. Officials from the prosecutor’s office did not disclose charges against the South Korean pharmaceutical firm. Some industry sources ra
Aug. 27, 2021
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Samsung's new Galaxy Z series lands in 40 countries worldwide
Samsung’s Galaxy Z Fold 3 and Galaxy Z Flip 3 officially landed in stores worldwide Friday. The company announced Friday, that it was rolling out its latest foldable smartphones series in 40 countries including South Korea, the United States, Canada, the United Kingdom and France. The products will be available in 130 countries by October, Samsung said. Presales were strong around the globe, the company said. Total preorders logged in 70 countries greatly surpassed that of its previou
Aug. 27, 2021
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LG Magna kick-starts plant operation in Korea
LG Magna e-Powertrain, a joint venture between South Korea’s LG Electronics and Canada’s Magna International, has kick-started its operation in Korea. The company revealed the inside of its plant located in Incheon on Friday, showing that its operation is going as planned. At its Incheon plant, the new firm will be dedicated to producing electric motors, inverters, onboard chargers and electric drive systems. The joint venture officially kicked off on July 1 under leadership of
Aug. 27, 2021
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S. Korean team develops most perfect graphene films
A research team at the Daejeon-based Institute for Basic Science has succeeded in growing single-crystal graphene films that have no wrinkles, folds or adlayers, paving the way for technological advancement in a wide range of fields and industries, including semiconductors, displays and solar cell products. Led by professor Rod Ruoff, the research, titled “Single Crystal, Large-area, Fold-free Monolayer Graphene,” has been published in the leading science journal Nature. Graphene
Aug. 26, 2021
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Apple, Google app store models face new threat in South Korea
South Korea is poised to become the first country to impose curbs on the lucrative app stores run by Apple Inc. and Alphabet Inc.’s Google, setting up a potential showdown with the Biden administration. President Moon Jae-in’s Democratic Party used its parliamentary supermajority to push out of committee a bill that would ban companies from forcing developers to use their online payment systems. The ruling party’s heft in the National Assembly suggests the Telecommunications
Aug. 25, 2021
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Netmarble, NCSoft up ante with new mobile games
Netmarble and NCSoft, two of South Korea’s major game developers, are competing for mobile game players with the back-to-back releases of new titles. Netmarble on Wednesday launched action role-playing mobile game Marvel Future Revolution in some 240 countries, including Korea, and early signs were positive as the game shot to No. 1 on the RPG charts on Apple’s App Store in 78 countries, based on prerelease downloads that were made available Tuesday. The first open-world Marvel
Aug. 25, 2021
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Korea to build five hydrogen clusters with W1.2tr
South Korea will spend 1.27 trillion won ($1.07 billion) to establish five hydrogen clusters across the country and roll out necessary infrastructure there, as the nation prepares an aggressive transition to a hydrogen economy, the government said Wednesday. According to the Ministry of Trade, Industry and Energy, the five are: a green hydrogen production cluster in North Jeolla Province, a blue hydrogen production cluster in Incheon, a hydrogen storage and transportation cluster in Gangwon
Aug. 25, 2021
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LG Electronics introduces cloud-based remote healthcare solution for hospitals
LG Electronics Inc. on Wednesday introduced a cloud-powered remote healthcare solution for hospitals as the tech giant eyes to expand its presence in the telehealth market. LG said its remote healthcare solution with medical-use displays is based on virtual conference platforms and can be used for online diagnoses of patients. Its solution, which the company developed together with local digital healthcare firm eZ Caretech Co., is compatible with hospitals' electronic medical records or hospit
Aug. 25, 2021
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Robots march into more business sectors in Korea
The advent of intelligent humanoid robots depicted in sci-fi films is still thought to be a thing of the distant future, but more South Korean companies in a wide range of industries have begun to adopt simpler robots in a bid to remain competitive in the long term. Not only telecom operators and search engines, but also tech startups that rely on online platforms are rushing to deploy robots in a bid to nurture the long-term potential of robots in connection with artificial intelligence, clo
Aug. 24, 2021
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Seegene to sell self-sampling swabs in Europe
South Korean biotech firm Seegene has cleared the final hurdle to market in Europe its new sample collection device for COVID-19 diagnostic tests. According to the firm Tuesday, the product, called Combo Swab, has received a CE mark and can be legally commercialized in the EU. A CE mark, required on most goods sold in Europe, shows a product’s conformity to EU’s health, safety and environmental standards. According to Seegene, the sample collection device can be used for its fou
Aug. 24, 2021
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DataStreams CEO joins road safety campaign
DataStreams, a local big data and cloud solutions provider, said Tuesday that CEO Lee Young-sang has joined the Children’s Traffic Safety Relay Challenge. The road safety campaign was launched on social media in December last year by the Ministry of the Interior and Safety in a bid to raise awareness of children’s road and traffic safety. DataStreams’ chief, as well as four executive members and employees, have joined the relay campaign following an invitation from TSE CEO
Aug. 24, 2021