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Korea mulls 50-year mortgages for newlyweds
Yoon vows bold infrastructure investment for SMEs' innovative growth
[Today’s K-pop] GOT7 tops iTunes chart in 95 regions with namesake EP
PM defends reported nominee for gov't policy coordination chief
Caution: Exchange students ‘may be restricted from entering the Hanyang Zone for safety reasons’
Seoul braces for NK nuke test, warhead detonation device test detected
Family files for release of records on North Korea’s killing
Pink Sweat$ counts on ‘big energy’ at first performance in Korea as Seoul Jazz Festival’s headliner
26-year-old co-leader throws Democratic Party hand grenade in drive for reform
Seoul shares end higher on bio, chemicals amid inflation woes
5 local airports to resume operating 22 international routes in June
83% of ‘Gen MZ’ foreigners wish to go hiking in Seoul
[Photo News] Canvas for NFT Art
S. Korea becomes world’s 10th largest luxury market: report
Posco’s high manganese steel gets technical approval from ExxonMobil
N. Korea fires suspected ICBM, 2 ballistic missiles after Biden’s Asia trip
[Newsmaker] Does skin color still matter in Korea?
New confrontation along Cold War lines? China, Russia warplanes maneuvers spark concerns
Homegrown Nuri rocket set for 2nd launch on June 15
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[Photo News] Canvas for NFT Art
May 25, 2022
LG Display said Wednesday that media artist Refik Anadol’s “An Important Memory for Humanity,” a non-fungible token work of art on its transparent OLED display, recently raked in $6.2 million at auction. LG is the sole producer of a large-size transparent OLED display that boasts glass-like clarity to be used across industries, including digital art.
Samsung teams up with Red Hat for memory software development
May 25, 2022
Samsung Electronics said Wednesday it has partnered with US software company Red Hat to develop software technologies for next-generation memory solutions, as the industry is anticipating the birth of software to be integrated in memory chip hardware. Red Hat, an IBM subsidiary, is known for Red Hat Enterprise Linux, a commercial open-source Linux operating system distribution developed by the company. Under the partnership, Samsung and Red Hat will jointly develop and validate a software tha
LG CNS lays out 52 real-life applications for AI
May 25, 2022
South Korean information technology solutions firm LG CNS has come up with 52 real-life applications for artificial intelligence, in line with its move to expand AI-related consulting services, the company said Wednesday. The use cases will allow its clients to better identify what kind of AI solutions they would need, and help LG CNS recommend the most optimal solution to the clients, LG CNS said in a statement. For example, if a company is looking to avoid worksite disasters, LG CNS will r
SK Telecom seeks wider applications of crypto chips behind Samsung Galaxy Quantum phones
May 25, 2022
South Korean telecommunication firm SK Telecom unveiled Wednesday plans to explore more use cases of quantum-protected chips used in Samsung Galaxy Quantum series smartphone, in hopes of entering mass market by the first quarter of 2024. The world‘s first-ever crypto chip solutions have so far been applied to the Galaxy Quantum series smartphone -- available for purchase only in Korea -- based on the quantum random number generator chip solutions SK Telecom developed jointly with Switzerl
Samsung SDI, Stellantis to build $2.5b battery plant in Indiana
May 25, 2022
South Korean battery maker Samsung SDI said Wednesday it is building its first US plant in the state of Indiana along with its joint venture partner Stellantis, joining its crosstown rivals to secure its footing in the burgeoning electric vehicle market. The $2.5 billion plant, located in Kokomo, Indiana, is expected to break ground later this year and start operations in the first quarter of 2025. The companies said they aim to elevate its production capacity from the current 23 gigawatt-ho
[Photo News] Battery Power
May 24, 2022
Volkswagen ID.4 GTX, powered by LG Energy Solution‘s battery cells and modules, is seen climbing up the dormant Uturuncu volcano in Bolivia in this photo released by the South Korean battery maker. German long-distance driver Rainer Zietlow and his Challenge4 team won a new Guinness World Records title for the highest altitude reached with electric cars.
Samsung unveils largest-ever W450tr investment for chip supremacy
May 24, 2022
South Korea’s largest conglomerate Samsung announced Tuesday plans to invest a combined 450 trillion won ($355.8 billion) and create some 1 million jobs in Korea over the course of five years -- the largest ever in the group’s history -- in order to maintain its competitive edge and navigate uncertainties. Samsung also chose chip design, foundry and biotechnology as the major three pillars of its future growth in its investment guidance. The groupwide plan is expected to set the
Google's in-app payment policy leads to content price hikes
May 24, 2022
Industry insiders say content providers' rising prices 'unnatural and negative'
SK assesses W18tr of social value created
May 23, 2022
SK Group, South Korea‘s second-largest conglomerate by assets, disclosed Monday actions to create social value and tools to measure how much impact it has generated through 2021 in numbers. The group with its subsidiaries contributed 18.4 trillion won ($14.5 billion) to issues such as unemployment, climate change, phone scams, blood shortages, car accidents due to drowsy driving, among others. The figure rose 60 percent from that of 2020, its estimate showed. SK had nearly 190 affiliates
Samsung seeks foundry supremacy with 3nm chips
May 23, 2022
Biden’s visit gives big boost to securing clients and suppliers in the US for new chips
[Market Eye] Chips, batteries, nuclear tech emerge as key agenda in Yoon-Biden summit
May 22, 2022
Biden’s choice of S. Korea as first destination of Asia trip shows US’ dire need of bilateral effort to achieve ‘economic security’
Proptech startup Zigbang to launch global metaverse office
May 19, 2022
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
[Herald Interview] ‘Korea can be Silicon Valley for blockchain’
May 19, 2022
Technology visionary Don Tapscott says S. Korea’s new President Yoon Suk-yeol should have a national blockchain strategy; expresses concerns over Meta’s metaverse monopoly, get-rich-quick fantasy surrounding crypto
[From the scene] KT SAT seeks multi-orbit strategy for 6G connectivity
May 19, 2022
South Korean satellite communication service provider eyes partnership to jointly build low-earth orbit satellite constellation
Experts urge SMEs to build brand identity in platform era
May 18, 2022
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
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Shooting of stray cats by US troops causes controversy
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N. Korea's total suspected COVID-19 cases reach nearly 3 million: state media
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US support for Japan’s military ambitions may spell concerns for Korea
S. Korea's new COVID-19 cases around 26,300 with omicron in retreat
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[Newsmaker] Does skin color still matter in Korea?
Hyundai E&C, Westinghouse join hands to build nuclear power plants
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Yoon's office strongly condemns NK missile launches
BLACKPINK on cover of Rolling Stone
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