Industry

  • Researchers to demonstrate 5G-connected unmanned level 4 autonomous shuttle bus
    Researchers to demonstrate 5G-connected unmanned level 4 autonomous shuttle bus SEOUL -- Researchers will demonstrate an unmanned level 4 autonomous driving shuttle bus inside a research institute campus. The shuttle was based on an electric vehicle manufactured by a domestic small and medium-sized company. It will provide entertainment for passengers using augmented reality and virtual reality content. Unlike autonomous levels 1, 2, and 3 that assist human drivers to conveniently reach their destinations, level 4 is fully autonomous. A level 4 self-dr June 9, 2021
  • Maritime classification society launches joint study on eco-friendly rotor sail system
    Maritime classification society launches joint study on eco-friendly rotor sail system SEOUL -- South Korea's maritime classification society launched a joint study on a rotor sail system, which is seen as an eco-friendly technology for reducing fuel and carbon dioxide emissions. The study will focus on verifying the efficiency of auxiliary devices and developing technologies to cope with carbon regulations. Korean Register (KR), which offers verification and certification services for ships and marine structures, partnered with Pan Ocean, a d May 26, 2021
  • S. Korean companies join hands to launch green ammonia consortium
    S. Korean companies join hands to launch green ammonia consortium SEOUL -- In an effort to secure a competitive edge in the global market, a six-member consortium was launched in South Korea to establish a green ammonia value chain covering production, maritime transportation and storage. Ammonia has been proposed as a potential zero carbon marine fuel due to its stability in supply and relatively easy storage and transportation. Consortium participants signed a memorandum of understanding for transportation and bunkering, which is the s May 25, 2021
  • Daewoo shipyard ties up with Hyosung to develop shaft generator motor using permanent magnet
    Daewoo shipyard ties up with Hyosung to develop shaft generator motor using permanent magnet SEOUL -- South Korea's Daewoo shipyard teamed up with Hyosung Heavy Industries, an electrical power equipment maker, to develop and localize shaft generator motors using permanent magnets that could be used for large-capacity container ships. The system is an eco-friendly ship component that can increase fuel efficiency and reduce emissions. Daewoo Shipbuilding & Marine Engineering (DSME) said it has signed a memorandum of understanding with Hyosung on joint develop May 21, 2021
  • Samsung shipyard opens test facility to develop and verify technologies for LNG value chain
    Samsung shipyard opens test facility to develop and verify technologies for LNG value chain SEOUL -- As the world's top builder of eco-friendly vessels powered by natural gas, Samsung Heavy Industries has opened a test facility to develop and verify key technologies for a liquefied natural gas value chain from production to transportation, storage and supply. Samsung Heavy Industries (SHI) opened the LNG pilot test facility at its shipyard in Geoje on May 12 in a ceremony attended by foreign guests from international classification societi May 13, 2021
  • SK Telecom calls for bigger investment in semiconductor foundry
    SK Telecom calls for bigger investment in semiconductor foundry SEOUL -- Ahead of the official release of its artificial intelligence chip, SAPEON X220, SK Telecom, a key unit of South Korea's third-largest conglomerate SK Group, called for bigger investment in a semiconductor fab or known as a foundry, which operates for the purpose of fabricating the designs of other companies, such as fabless semiconductor companies. A top player in the global foundry market is Taiwan Semiconductor Manufacturing Company (TSMC), which produc April 22, 2021
  • ​LG Energy Solution joins RE100 and EV100 initiatives to go completely zero-carbon by 2030
    ​LG Energy Solution joins RE100 and EV100 initiatives to go completely zero-carbon by 2030 SEOUL -- The battery-making wing of South Korea's LG Group has joined two global initiatives RE100 and EV100 to go completely zero-carbon by 2030. The company is the 300th member to join the environmental initiative supported by companies such as Google, Apple, and General Motors. The RE100 (Renewable Electricity) initiative is an international campaign that pushes participating companies to replace 100 percent of their electric power sources with renewabl April 16, 2021
  • Samsung shipyard demonstrates next-generation LNG regasfication system
    Samsung shipyard demonstrates next-generation LNG regasfication system SEOUL -- For the first time in the world, Samsung Heavy Industries, a major shipbuilder in South Korea, has successfully demonstrated a next-generation regasification system that links power generation utilizing liquefied natural gas cold energy. It is a new eco-friendly technology that can dramatically lower the cost of generating electricity. Liquefied natural gas (LNG) needs to be gasified before supplied to users. The process releases a considerable April 14, 2021
  • Daewoo shipyard gets smarter with advanced digital technologies
    Daewoo shipyard gets smarter with advanced digital technologies SEOUL -- Like other South Korean shipbuilders working hard to strengthen their competitiveness with smart ship technologies, Daewoo Shipbuilding & Marine Engineering gets smarter by introducing advanced digital technologies such as Internet of Things (IoT) into shipbuilding, management and test operation. Daewoo Shipbuilding & Marine Engineering (DSME) said on April 8 that it has opened a digital production center at its shipyard in the southern island city of Geoj April 8, 2021
  • Samsung shipyard acquires independent technologies for wind turbine installation vessel
    Samsung shipyard acquires independent technologies for wind turbine installation vessel SEOUL -- Samsung Heavy Industries, a major shipbuilder in South Korea, has acquired original technologies for the construction of a wind turbine installation vessel (WTIV) featuring eco-friendly technologies. The vessel is designed for the installation of offshore wind turbines. Similar to a jack-up rig, it is self-elevating. Samsung Heavy Industries (SHI) said that the design of its low carbon-emitting WTIV concept has obtained "Approval in Princi April 8, 2021