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LG Electronics Wins 12 Awards at Energy Winner Awards, Marking 10th Consecutive Year LG Electronics has achieved a record of 12 awards, including three grand prizes, at the 29th Energy Winner Awards, marking its 10th consecutive year of receiving the most awards in the industry. The company has expanded its energy-saving technology applications, winning accolades for air conditioners, commercial displays, and dishwashers.The awards were announced by LG Electronics, which participated in the event organized by the Consumer Citizens' Association and supported by the Ministry of Climate, Energy, and the Korea Energy Agency.The 'LG Whisen AI Object Collection Tower I' air conditioner received both the grand prize and the Minister of Climate and Energy Award. It features an 'AI Cold Free' function that controls both temperature and humidity, enhancing cooling efficiency by up to 13% compared to similar products. The company claims it can reduce electricity costs by up to 11.5%.The LG E-Paper display also won the grand prize and the Korea Energy Agency Chairman's Award. Utilizing electronic paper technology that maintains the display without power and ultra-low power control technology, it reduces power consumption by over 99% compared to traditional digital signage.The upcoming 'LG Dios AI Object Collection Dishwasher' also received a grand prize, marking the first time a dishwasher has won this award since its inception. The new model is expected to reduce electricity usage by about 10% and water consumption by approximately 18%, while also shortening the washing time by about 24 minutes.This recognition highlights the growing competition in energy savings, extending beyond just reducing electricity consumption to also lowering water usage and operational time.LG's Puricare Ice Water Purifier and Dios Stem Basic Refrigerator received Energy Technology Awards. Other products, including heat pumps, wall-mounted air conditioners, system air conditioners, bath air systems, wash combos, and stylers, were also recognized at the Energy Winner Awards.Jung Jae-woong, Executive Vice President of LG Electronics' Customer Value Innovation Division, stated, "We will continue to introduce products and solutions that contribute to a sustainable future through differentiated technological innovations that enhance energy efficiency."* This article has been translated by AI. 2026-07-21 10:04:00 -
Samsung Electronics Establishes RX Business Promotion Office to Advance Robotics Samsung Electronics is establishing the RX (Robotics eXperience) Business Promotion Office, directly under the CEO, to focus on developing next-generation robotics as part of its strategy to secure future growth drivers. According to Samsung Electronics on July 21, the creation of this office aims to consolidate the company's dispersed robotics capabilities and technological competitiveness. The company plans to accelerate its market entry by establishing an integrated system that encompasses mid- to long-term robotics strategy formulation, core technology development, and commercialization. The main hub for the RX Business Promotion Office will be located at the R&D campus in Umyun-dong, Seoul. The company intends to centralize its robotics workforce to foster a collaborative environment and will continue to invest in research infrastructure, including offices and laboratories necessary for robotics development and commercialization. Samsung will also focus on enhancing data-driven motion control performance. A 'data factory' will be established at the Gumi plant to facilitate rapid deployment of robots, and close collaboration with the research organization at the Seoul R&D campus will aim to improve the intelligence and control technologies of robots. To strengthen its global competitiveness, Samsung plans to secure research hubs in technologically advanced countries such as the United States, China, and Japan. The company will leverage local specialized technologies and ecosystems while actively recruiting top talent from abroad. Key personnel changes have also been made to attract talent. Lee Dong-geon, who led robotics strategy at Hyundai Motor Group and Boston Dynamics, has been appointed as the head of the Robotics Strategy Team, responsible for drafting the mid- to long-term business roadmap. Prominent academics are also joining the initiative. Kim Hyun-jin, a professor at Seoul National University specializing in intelligent autonomous robots and control, and Kim Ui-gyeom from Ajou University, known for his research in robotic hands and manipulation, will contribute their expertise to the RX Business Promotion Office. A Samsung Electronics representative stated, "We will enhance the speed of technology development and respond swiftly to market changes based on the rapid decision-making and execution capabilities of a CEO-led structure, creating a differentiated robotics experience." 2026-07-21 10:04:00
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People Power Party Criticizes President Lee's 'Mortgage-Linked Home Sale' The People Power Party criticized President Lee Jae-myung and his wife, Kim Hye-kyung, for setting a mortgage on their sale of an apartment in Bundang, calling it a "trick sale."During a National Assembly meeting on July 21, Jung Jeom-sik, the party's floor leader, expressed his astonishment, stating, "I can't help but admire that such real estate transactions exist, and that there are tricks to evade loan regulations."Previously, the president and his wife sold their jointly owned apartment in Seongnam, Gyeonggi Province, for 2.9 billion won while establishing a mortgage of 1.77 billion won. In response, the Blue House explained that this was due to the buyer's circumstances.Jung further criticized the situation, saying, "It is contradictory for the president to impose heavy loan regulations on the public while teaching ways to circumvent them himself. The ruling party should consider changing its name from the Democratic Party to 'Democratic Mortgage.'"He emphasized the need to ease abnormal loan regulations and shift the focus of real estate policy to increasing private supply, stating, "The beginning of change should be the immediate dismissal of Kim Yong-beom, the Blue House policy chief, who has turned the stock market into a gambling den and the real estate market into chaos."Jung Hee-yong, the party's secretary-general, also criticized the president's actions, saying, "While claiming to control housing prices by locking down loan access, he has personally circumvented the regulations he created by borrowing large sums privately." He described this behavior as typical of the 'double standard' (where one’s own actions are seen as acceptable while others are judged harshly). He called for the repeal of excessive loan regulations and the establishment of real estate stabilization measures based on increased supply.Kim Mi-ae, the party's deputy floor leader, condemned the president's method of selling the apartment, stating, "This is a sale that ordinary citizens would not even dare to consider." He added, "If the president ties the hands and feet of the public with loan regulations while using methods to evade them himself, who will trust the government's real estate policies? The public does not want to learn about tricks to evade regulations; they want a sensible country where they can buy and sell homes through normal means." 2026-07-21 09:56:00
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Why Do Chinese AI Talents Choose to Return Home Instead of Silicon Valley? Chinese AI startup Moonshot (Chinese name: 月之暗面) has made waves globally with the recent release of its large language model, K(키미)3, on July 17. The founder of Moonshot, who studied in the United States, has also drawn attention. While AI talents from other countries often build their careers in Silicon Valley after studying in the U.S., many Chinese AI professionals are opting to return home.The founder of Moonshot is Yang Zhilin (杨植麟), born in 1992. After graduating from Tsinghua University, he earned a Ph.D. from Carnegie Mellon University and worked at Google and Meta. His AI-related papers continue to be referenced in the industry. Despite advice to stay abroad, he returned to China and founded Moonshot in 2023, achieving remarkable success.In addition to Yang, there are numerous successful AI startups in China founded by individuals who studied in the U.S. Tang Jie, the founder of Zhiyu AI, which developed the globally recognized GLM series, is a graduate of the University of Illinois. Chen Tianshi, founder of the prominent AI semiconductor company Cambrian (寒武纪), and Shu Qi, founder of the AI semiconductor startup Birunkeji (壁仞科技), also have U.S. educational backgrounds.The Chinese state-run Global Times reported on July 21 that the trend of Chinese talents returning home is partly due to rising anti-China sentiment in the U.S. The article noted, "Due to a lack of respect and an exclusive atmosphere in the U.S., many talented Chinese individuals are returning to their homeland." It also highlighted that Yang's case has sparked discussions about the need for changes in U.S. immigration policy. Wang Feng, a researcher at the Chinese Academy of Social Sciences, stated, "The barriers to visas and work permits in the U.S. have increased, and the exclusive talent policies have weakened the foundation for overseas talents to build their careers in the U.S."Moreover, China's strong industrial base is another reason why talents choose to return. The country has developed a startup investment ecosystem comparable to that of the U.S. and boasts a vast domestic market. Even without significant capital, those with competitive ideas can easily secure seed funding for their startups. Additionally, visible achievements can lead to large-scale fundraising through listings on Chinese stock markets.The Global Times also noted that China's policy incentives and talent support programs are attractive to global talents. In 2024 and 2025, 380,000 students from 191 countries studied in China, with 35% being graduate students, and engineering majors being the most popular.The article concluded, "In terms of salary, research support policies, and social demand for AI talents, China offers conditions comparable to those in the U.S., making returning home a rational choice for Chinese students studying abroad."* This article has been translated by AI. 2026-07-21 09:48:00
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Trump Discusses Key Issues with New UK Prime Minister Burnham President Donald Trump discussed major issues including North Sea oil development, trade, and the reopening of the Strait of Hormuz during a call with new UK Prime Minister Andy Burnham.According to Reuters on July 20, Trump stated on his social media platform Truth Social that he had a "very good conversation" with Prime Minister Burnham, addressing various topics such as North Sea oil, trade, military alliances, and the removal of mines in the Strait of Hormuz.He added, "It was an interesting call and went very well," indicating that they would meet in the near future to discuss mutual interests, although he did not specify a timeline for the meeting.The Prime Minister's office reported that Burnham conveyed the UK's commitment to fulfilling its responsibilities in defense and security and supporting the safe reopening of the Strait of Hormuz, which has been effectively blocked since the outbreak of war.The North Sea oil development issue was a key agenda item during the call. Trump had previously mentioned on Truth Social that Burnham would take a more proactive approach to North Sea oil development, emphasizing the potential for the UK economy to recover.Trump claimed that British citizens are "dancing in the streets" over Burnham's stance on North Sea oil, stating, "The UK has tremendous potential, but everything starts with opening up North Sea oil," asserting that increasing domestic production would revitalize the UK economy and reduce dependence on energy imports.Trump, who is advocating for low oil prices, has repeatedly criticized the UK's North Sea oil policy during the tenure of former Prime Minister Keir Starmer, claiming that Starmer completely failed on the North Sea oil issue and urging for an expansion of oil and gas production.However, the UK Labour Party maintains that Burnham's government will not completely overturn existing energy policies. Lucy Powell, Deputy Leader of the Labour Party, told the BBC that while Burnham will adopt a bolder and more pragmatic approach in policy implementation, the commitment not to issue new exploration licenses for North Sea oil and gas will remain in place ahead of the 2024 general election.BBC reported that Burnham may show a more favorable attitude toward certain oil and gas drilling projects that have already secured licenses while maintaining the overall energy policy direction of the Labour Party.* This article has been translated by AI. 2026-07-21 09:48:00
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Yoon Sang-hyun Proposes Publication of Local Election White Paper to Oh Se-hoon 윤상현 국민의힘 의원은 21일 오세훈 서울시장을 만나 "6·3 지방선거 백서를 만들자고 제안했다"고 밝혔다. 윤 의원은 이날 오전 오 시장과 조찬 후 서울 중구 서울시청에서 기자들과 만나 "당의 미래를 위해 지방선거 백서를 만들자고 제안했고, 오 시장도 이에 대해 공감했다"며 이같이 말했다. 그는 오 시장이 "우리 당의 청년 문제에 대한 노력을 좋게 평가해줬다"며 청년과 대화의 장을 만들겠다고 말했다.이어 장동혁 지도부 거취 문제에 대해 "(오 시장이) 직접 언급은 안 했다"며 "당이 변화하고 혁신해야 한다는 것에 공감했다"고 전했다.그는 "오 시장이 당 개혁을 위해 당 대표 폐지와 원내 정당화, 국민 공천 제도화를 하자고 말했다"며 "정당 개혁 문제는 국정조사가 끝나면 준비해오고 있는 대로 하려고 한다"고 덧붙였다.* This article has been translated by AI. 2026-07-21 09:48:00
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Duksan Nepcores and DTS Pass First Exception for Dual Listing Financial authorities have approved the first preliminary listing under the new 'dual listing prohibition with exceptions' system. Duksan High Metal's subsidiary Duksan Nepcores and Dasan Networks' subsidiary DTS have cleared the KOSDAQ listing hurdle. Nam Min-woo, chairman of Dasan Networks and a representative of the first generation of domestic ventures, urged for a reconsideration of the broad dual listing prohibition policy.According to the Korea Exchange on July 21, the KOSDAQ Listing Committee approved the preliminary listing for Duksan Nepcores and DTS on July 20. The exchange determined that both companies have secured operational and managerial independence and have adequately fulfilled procedures to protect minority shareholders.As a result, the two companies can now proceed with the public offering process, including submitting a securities registration statement to the Financial Supervisory Service.This review marks the first case since the Financial Services Commission and the exchange announced reforms to the dual listing system on July 6. The authorities have restructured the system to generally restrict subsidiary listings but allow exceptions when business independence and shareholder protection are sufficiently ensured.Under the new criteria, parent companies must assess the impact of subsidiary listings on minority shareholders and establish protective measures. They must also follow a procedure similar to the '3% rule' for appointing audit committee members to confirm the opinions of minority shareholders.Duksan High Metal passed the listing proposal for Duksan Nepcores at an extraordinary shareholders' meeting in May with 72.8% approval of the total issued shares with voting rights. Dasan Networks also approved the listing proposal for DTS at an extraordinary shareholders' meeting last month, with 46.5% of the total issued shares with voting rights and 90.3% of the shares voted in favor.Following DTS's preliminary approval, Nam Min-woo expressed on his Facebook on July 21 that the broad dual listing prohibition policy should be reconsidered. Nam has served as the chairman of the Venture Business Association (2012), chairman of the Presidential Youth Commission (2013), and currently holds the position of chairman of the Korea Youth Entrepreneurship Foundation.Nam stated, "The cases of Duksan and Dasan are far removed from the socially contentious split listing of LG Energy Solution, and we have successfully avoided that issue this time. While the policies aimed at protecting investors are well-intentioned, the current regulations seem to undermine the companies and entrepreneurial spirit that have contributed to our society's growth and development, and they need to be reconsidered."He added, "After acquiring the DTS Gunsan plant, which was part of the Dongyang Group, for 2.3 billion won in 2013, we have grown the company to achieve annual sales of 150 billion won and an operating profit of 25 billion won through over 50 billion won in group-level capital increases and support. The voices of those who view the management style of large corporate groups solely in a negative light should be moderated." 2026-07-21 09:48:00
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HYBE to roll out new K-pop girl group Tuide under new label ABD SEOUL, July 21 (AJP) - HYBE's newly established girl group label ABD has introduced its first artist, unveiling the seven-member act TUIDE ahead of the group's debut expected in the second half of 2026. The launch marks the first project for ABD, short for A Bold Dream, a label dedicated exclusively to developing girl groups within HYBE's multi-label system. According to the company, the label aims to pursue new creative directions while expanding the boundaries of K-pop through artist-focused production. TUIDE will be led by veteran producer Han Sung-soo, whos has previously worked with acts such as SEVENTEEN, After School, IZ*ONE and TWS. His involvement signals another high-profile collaboration within HYBE's network of independently operated labels. The label first introduced the group Monday by opening its official social media channels and unveiling the team's logo. The lineup consists of Seohee, Seoyeon, Elena, Jia, Saki, Seah and Yu Hani. The group's name derives from the phrase "Tune the Tide," reflecting the idea of bringing together members with distinct personalities into a unified team. While ABD has yet to disclose the group's musical direction or debut date, it said TUIDE is intended to balance each member's individuality with a cohesive group identity. TUIDE will become the latest female act under HYBE's expanding label portfolio, joining groups including LE SSERAFIM, managed by Source Music, ILLIT under Belift Lab and KATSEYE, the global girl group created through HYBE's partnership with Geffen Records. HYBE has continued to broaden its multi-label strategy by allowing individual labels to operate with separate creative teams and artistic identities rather than managing all artists under a single production structure. ABD's debut project represents the company's latest effort to diversify its girl group lineup as competition intensifies in the K-pop market. Further details on TUIDE's debut schedule and first release have not yet been announced. 2026-07-21 09:44:32 -
Hanwha Life Launches Initiative to Discover Dementia Prevention and Relief Solutions Hanwha Life is taking steps to discover prevention and relief solutions for patients with mild cognitive impairment and dementia, as well as their families. On July 21, Hanwha Life announced that it has signed a memorandum of understanding with the Seoul Metropolitan Dementia Center and the Social Solidarity Bank to promote the 'Hanwha Life WE CARE MEMORY+' competition at the 63 Building in Yeouido, Seoul. This competition aims to find ideas that can prevent the worsening of mild cognitive impairment, which occurs between normal aging and dementia, and early-onset dementia, which affects individuals under 65, while also reducing the caregiving burden on families. The competition will focus on areas such as digital technology, artificial intelligence (AI), work and social experiences, community engagement, and programs. A total of 15 teams will be selected, including 10 teams in the idea track and 5 teams in the execution track. The idea track will award a total of 15 million won, with an additional 20 million won in commercialization support for the top four teams. The five teams in the execution track will receive up to 30 million won each, along with opportunities for on-site verification. The Seoul Metropolitan Dementia Center will participate from the evaluation stage to assess the practical applicability of the solutions and assist in their implementation in actual dementia care settings. Dementia care centers in Seoul's autonomous districts, social enterprises, cooperatives, social ventures, non-profit organizations, and startup teams from universities and graduate schools are eligible to apply. Applications will be accepted until 5 p.m. on August 14.* This article has been translated by AI. 2026-07-21 09:44:00
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Dev Sisters to Globally Launch 'Cookie Run: Crumble' on July 30 Dev Sisters announced on July 21 that its new mobile game, 'Cookie Run: Crumble,' developed by Studio Kingdom, will be globally launched on July 30 at 10 a.m.The game features rapid growth and rewards typical of nurturing games, along with strategic combinations of cookies and pets, and dynamic battle scenes involving cookies.Studio Kingdom, known for developing the social RPG 'Cookie Run: Kingdom' and the puzzle adventure 'Cookie Run: Witch's Castle,' has expanded the Cookie Run intellectual property (IP) into the idle RPG genre with 'Cookie Run: Crumble.'Since starting pre-registration on June 29, Dev Sisters has recorded 1.8 million sign-ups. The company is gradually releasing videos showcasing key in-game content and the game’s universe through its official social media channels ahead of the official launch. 'Cookie Run: Crumble' will be available on mobile and PC via Google Play Games.* This article has been translated by AI. 2026-07-21 09:44:00