Avikus validates fuel-saving effect of self-sailing solution 'HiNAS Control'

SEOUL, March 26 (AJU PRESS) -- Avikus, a South Korean self-sailing solution developer affiliated with HD Hyundai, has demonstrated the effectiveness of reducing fuel consumption with its autonomous navigation system called "HiNAS Control." After installing the system on a 32,500-ton carrier operating along the route between Singapore and Brazil, the company witnessed fuel savings of up to 15 percent. HiNAS Control utilizes artificial intelligence to recognize surrounding

March 26, 2024

LG CNS partners with Viet Nam's IT giant FPT to accelerate digital transformation       

SEOUL, March 26 (AJU PRESS) -- LG CNS, the technology solution wing of South Korea's LG Group, has partnered with Viet Nam's information technology giant FPT Group to help the Hanoi-based company undergo a digital transformation designed to maximize work efficiency and user accessibility. A digital transformation process involves a company or an organization converting its analog or outdated work style and work systems to adopt digital technologies such as artificial infor

March 26, 2024

Global tech firms to present smart manufacturing solutions at 'Smart Factory + Automation World' in Seoul

SEOUL, March 26 (AJU PRESS) -- A total of 450 companies from nine countries will participate in the "Smart Factory + Automation World (SFAW)," an annual tech event held in Seoul from March 27 to March 29. Exhibitors will showcase robots and other innovative factory automation solutions at the COEX Convention & Exhibition Center located in Gangnam District, the fashion and finance hub of Seoul. SFAW is one of South Korea's largest business-to-business (B2B) ex

March 26, 2024

S. Korean middle market enterprise federation shares strategies for compliance management

SEOUL, March 26 (AJU PRESS) -- South Korea's middle market enterprise federation has shared strategies for adapting to regulations related to fair trade and other business-related policies. During the briefing, the association stressed the importance of understanding relevant regulations to ensure businesses maintain effective compliance amidst the shifting legal environment. According to data released by the Federation of Middle Market Enterprises of Korea (FOMEK), middle mar

March 26, 2024

Lotte Rental achieves 'Baa3' credit rating from Moody's

SEOUL, March 26 (AJU PRESS) -- Lotte Rental, the rental service wing of South Korea's Lotte Group, has earned a prestigious "Baa3" investment-grade rating from Moody's, a renowned global credit rating agency. This achievement holds significance in South Korea's rental industry. Moody's is recognized as one of the top three credit rating agencies globally, alongside Standard & Poor's (S&P) and Fitch. Moody's evaluation of Lotte Rental began

March 26, 2024

Pulmuone's kimchi museum sees 40% increase in foreign visitors in 2023 from pre-COVID-19 period

SEOUL, March 25 (AJU PRESS) -- "Museum Kimchikan," a kimchi museum run by South Korean food product maker Pulmuone, was visited by some 14,000 foreign visitors in 2023, up 40 percent from 2019, before the outbreak of the COVID-19 pandemic. Pulmuone will increase the number of kimchi-related programs from the current two to four within March 2024 targeting foreigners. Kimchi, a traditional Korean side dish, is typically crafted by fermenting cabbage or radish with a blend

March 25, 2024

LS Cable embarks on construction of plant for new copper foil material

SEOUL, March 25 (AJU PRESS) -- South Korea's major cable maker LS Cable & System has embarked on a journey to build a new plant for the mass production of a new copper foil material. The cable maker said that the new material is made with copper flakes instead of wires, to reduce the production process and costs. Copper foils are mainly used for the production of high-performance batteries for electric vehicles and energy storage systems. Copper foils are applied to batter

March 25, 2024

Education company Visang provides smart Korean language learning platform 'Klass' to Vietnamese universities

SEOUL, March 25 (AJU PRESS) -- "Klass," a digital Korean learning platform created by South Korea's Visang Education, has been adopted by 24 Vietnamese higher education institutes that offer Korean language courses. The Southeast Asian country has at least 40 colleges and universities providing Korean language programs. Demand for the Korean language is exceptionally high in Viet Nam. As of June 2023, the number of Vietnamese students enrolled at South Korea's pu

March 25, 2024

Occult thriller film 'Exhuma' attracts more than 10 mln moviegoers in 35 days of release

SEOUL, March 25 (AJU PRESS) -- "Exhuma," director Jang Jae-hyun's latest occult thriller film, has mesmerized audiences nationwide, crossing the 10 million viewer milestone in just 35 days since its release on February 22. The story follows the tale of shamans and geomancers entangled in a terrifying situation after disturbing an ancient grave. Since its silver screen debut, "Exhuma" has garnered widespread attention, captivating audiences with its chilling

March 25, 2024

Seoul Mayor highlights 'Dongdaemun Design Plaza' as must-visit landmark for tourists

SEOUL, March 23 (AJU PRESS) -- Seoul Mayor Oh Se-hoon highlighted the "Dongdaemun Design Plaza" as a must-visit landmark for tourists during his visit to the capital city's iconic venue to celebrate its 10th birthday. The mayor expressed pride in the plaza's transformation into a destination beloved by both Seoulites and foreign visitors. Accompanied by Seoulites, he explored the plaza's art hall and posed for photos at a special photo zone. Dongdaemun Design

March 23, 2024