Latest news
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Korean researchers develop mass-producible large transparent screens
SEOUL, July 3 (AJU PRESS) - The Korea Institute of Machinery & Materials (KIMM) has successfully commercialized a 100-inch nano transparent screen that can be mass-produced at a fraction of the cost of existing technologies. The innovation, developed in collaboration with Meta2People, allows for adjustable transparency based on ambient lighting and image information. The new screens utilize titanium dioxide nanoparticles dispersed within a film as thin as a human hair. When c
July 3, 2024 -
Lotte Biologics breaks ground on new biopharmaceutical plant in Songdo
SEOUL, July 3 (AJU PRESS) - Lotte Biologics Co., a Korean contract development and manufacturing organization (CDMO), began construction of a new biopharmaceutical manufacturing plant in Songdo, Incheon, on Wednesday. The facility, slated for completion in the first quarter of 2026, will have a production capacity of 120,000 liters of biomedicines. The company plans to build two additional plants of similar scale at the Songdo campus, aiming to establish a total production capacity
July 3, 2024 -
Opinion: The far-right has surged to the lead in France's elections. But forming government remains tall order
SEOUL, July 3 (AJU PRESS) - Exit polls after the first round of the French legislative elections indicate the far-right National Rally party leading with about 34 percent of the vote. The New Popular Front (a coalition of parties from the far left to the moderate left) was in second with about 28 percent and President Emmanuel Macron's centrist coalition was a distant third with about 20 percent. This is by far the largest amount of votes the far right has received in legislativ
July 3, 2024 -
CEO of Korea's top food delivery service app resigns
SEOUL, July 2 (AJU PRESS) - Lee Kuk-hwan, CEO of Woowa Brothers, the operator of Korea's top food delivery service app Baedal Minjok (Baemin), resigned on Tuesday for “personal reasons.” Woowa Brothers, owned by Germany’s Delivery Hero, appointed Pieter-Jan Vandepitte as interim CEO through a board meeting on the same day. The Belgian director will serve in this role until the new CEO is officially appointed, possibly next month. Industry sources said there
July 2, 2024 -
Korea sees consumer prices slow to 11-month low in June
SEOUL, July 2 (AJU PRESS) - Korea's consumer price index, a key indicator of consumer sentiment, stood at 113.83 in June, up 2.4 percent from a year earlier, according to Statistics Korea. But the figure was the lowest over the past 11 months. The pace of increase has remained below three percent for the third consecutive month. The rise in consumer prices in June was driven primarily by higher prices for fresh agricultural produce. Seasonal fruits were particularly sharp i
July 2, 2024 -
Vietnamese PM discusses enhanced cooperation during meetings with Samsung, Hyundai chiefs
SEOUL, July 2 (AJU PRESS) - Vietnamese Prime Minister Pham Minh Chinh has met with the heads of major Korean business groups to discuss expanded investment and cooperation. Chinh arrived in Seoul on Sunday for a four-day visit aimed at strengthening economic cooperation between the two countries. The premier met with Samsung Electronics Chairman Lee Jae-yong in Seoul on Tuesday and Hyundai Motor Group Chairman Chung Eui-sun on Monday. During the meeting, Lee emphasized the imp
July 2, 2024 -
PHOTOS: Korea, Canada connect through friendly hockey tournament
SEOUL, July 2 (AJU PRESS) - Korean and Canadian players faced off against each other at a hockey tournament in central Seoul on Monday. Hosted by the Embassy of Canada to Korea, the friendly tournament was part of celebrations for the 157th anniversary of the country's founding, also called Canada Day. Despite a valiant effort, the Korean team fell short to the host who emerged victorious.
July 2, 2024 -
Samsung Electronics union threatens three-day strike next week
SEOUL, July 2 (AJU PRESS) - Samsung Electronics' largest labor union has threatened to go on a three-day full-fledged strike next week, demanding higher wages for some workers. The National Samsung Electronics Labor Union (NSELU), representing about 22 percent of Samsung's 125,000 employees, declared the strike on Monday evening following failed negotiations with management. The union will walk out from Monday to Wednesday, demanding higher wage increases for 855 members
July 2, 2024 -
Canadian Embassy celebrates founding day with hockey tournament in Seoul
SEOUL, July 2 (AJU PRESS) - The Embassy of Canada to Korea held a street hockey tournament in central Seoul on Monday. Held in a garden near the embassy, the friendly tournament was part of celebrations for the 157th anniversary of the country's founding, also called Canada Day. The tournament came after last week's port call of His Majesty's Canadian Ship (HMCS) Montréal in Korea's western port city of Incheon. The frigate's crew members joined in Monday&
July 2, 2024 -
McDonald's installs voice guidance kiosks for visually impaired
SEOUL, July 02 (AJU PRESS) - McDonald's Korea said Tuesday it has installed kiosks with voice guidance functions at all stores nationwide to assist visually impaired customers. "Visually impaired customers can now access product information and freely order their menu items through voice guidance at any McDonald's store across the country," the company said in a press release. The kiosks can be connected to earphones, allowing visitors to easily select their foo
July 2, 2024
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South Korea posts current account surplus for 23rd straight month
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BYD's compact SUVs top imported EV sales, but why are they hardly seen on the streets?
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Naver posts mixed earnings results for 1st quarter
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Rising demand for data centers reshapes global real estate market, research reveals
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Excitement builds early for New Pope's planned visit to Seoul
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Riding tailwind of LNG Carriers, South Korea sets sights on lucrative next-generation liquid hydrogen carriers
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Kim and Han clash over timing, legitimacy in second unification talks
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Lotte Cinema, Megabox agree to merge, challenging CGV
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INTERVIEW : Korean Cultural Center in Abu Dhabi to celebrate 10 years of building bridges with UAE
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Korea to launch QR-based cross-border payment system, starting with Indonesia