Latest news
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POSCO's digital transformation wing to develop robots for steel production
SEOUL -- POSCO DX, the digital transformation wing of South Korea's steel group POSCO has partnered with Chosun Refractories, a domestic refractory product maker, to create robots for steel production. The robots will be used for dangerous tasks such as handling high-temperature molten iron generated in a blast furnace. POSCO DX said on December 13 that it partnered with Chosun Refractories to develop new robots. The robots will be deployed to steel mills to assist the casting p
December 14, 2023 -
Korean pork broth menu selected as New York's top dish of 2023
SEOUL -- Dweji Gomtang, a pork broth menu served with rice and cabbage kimchi, was selected by the New York Times as one of the "Top 8 New York City Dishes of 2023." The Korean pork soup is available at the Big Apple branch of a Michelin Bib Gourmand restaurant in Seoul. Gomtang means Korean-style soup or broth that is simmered for hours using ingredients such as the spine, leg bones, the tail, and the meat of an animal. While Gomtang is normally made with cow bones and be
December 14, 2023 -
LG Unicharm builds solar power facility to produce sanitary pads and diapers
SEOUL -- Through a joint venture with Japan’s hygiene product maker Unicharm, South Korea's consumer goods company LG Household & Health Care has built a solar power generation facility with an annual capacity of 348-megawatt electricity. The joint venture "LG Unicharm" uses solar energy to produce sanitary pads and diapers. LG Household & Health Care said on December 13 that the joint venture completed the construction of the solar facility on the roofto
December 13, 2023 -
S. Korea to provide autonomous vehicle safety training for driver's license test
SEOUL -- South Korea will incorporate autonomous vehicle safety training for the national driver's license test in 2024. The country aims to set up various rules and policies to prepare for the operation of fully autonomous vehicles that don't require a human driver. South Korea unveiled its plan to commercialize level-4 self-driving in 2027. Unlike autonomous levels 1, 2, and 3 which assist human drivers to conveniently reach their destinations, a level 4 self-driving veh
December 13, 2023 -
Samsung adds free movie VOD service to digital TVs
SEOUL -- Samsung Electronics has added movie video-on-demand service to Samsung TV Plus, the company's free video content service for Samsung TV users. The tech giant partnered with the ecommerce wing of South Korea's largest telecom service provider KT to gradually increase the number of serviced films to up to 1,000 by the end of 2024. Video-on-demand (VOD) services are internet-based video content services in which viewers can search and select films they wish to watch on
December 13, 2023 -
More than 50% of S. Koreans plan to spend less in 2024 due to economic recession: survey
SEOUL -- More than 50 percent of South Koreans plan to spend less in 2024 due to high inflation and economic recession caused by increased basic costs including prices of oil, agricultural products, and everyday necessities. According to South Korea's statistical information service, the consumer price index for November 2023 was 112.74 (2020=100), up 3.3 percent from the same period a year ago. The consumer price index, which reflects the actual sense of inflation felt by cons
December 13, 2023 -
Revenge series 'The Glory' ranks third on Netflix's most-watched series chart in first half of 2023
SEOUL -- South Korean revenge thriller TV series "The Glory" became the third globally most-watched content on Netflix in the first six months of 2023. The series, rolled out on December 30, 2022, portrays a story of a woman who experienced vicious bullying at high school taking revenge on bullies after becoming an adult. According to the global streaming service giant's report released on December 13, the South Korean series recorded 622.8 million hours of viewing in
December 13, 2023 -
Seoul adopts usability certification for digital kiosks to reduce digital gap
SEOUL -- To help Seoulites who are unfamiliar with digital appliances, Seoul City has adopted a usability certification for digital ordering systems commonly found at restaurants and coffee shops. The capital city will provide benefits including subsidies for business loans for companies that develop digital kiosks, websites, or applications that are easily usable by the elderly and inexperienced users. Digital kiosks are widely used in South Korean restaurants to save operating cos
December 12, 2023 -
Hyundai develops snow chain-integrated tire technology
SEOUL -- Hyundai auto group has developed an innovative snow chain-integrated tire technology using shape memory alloy. The car tire can be used as an ordinary car tire and deploy a snow chain by pressing a button. According to Transparent Market Research, a global market research firm, the global market for winter tires is estimated to grow at an annual average growth rate of 5.9 percent to reach $35.65 billion by 2029. Some states and provinces in the United States and Canada requ
December 12, 2023 -
S. Korean President embarks on five-day state visit to Netherlands
SEOUL -- South Korean President Yoon Suk-yeol has embarked on a five-day state visit to the Netherlands on December 11. On the first day of his journey, Yoon met Korean compatriots and mentioned that his state visit is aimed at upgrading semiconductor cooperation between Seoul and Amsterdam. The South Korean leader will later tour ASML, a promising Dutch manufacturer of chip-making equipment. "With this visit, the semiconductor cooperation between South Korea and the Netherland
December 12, 2023
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Tax reform plan triggers market rout, political fallout in South Korea
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US demand for rice market access clouds prospects for Lee-Trump summit
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South Korea's new ruling party leader rejects dialogue with PPP, citing threat to democracy
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Torrential downpours return to Korea amid unrelenting heat and tropical nights
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'Golden' from K-pop anime reaches top of UK music chart
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Trump says Washington and Seoul have 'great' relationship ahead of summit
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Yoon refuses to comply with arrest in probe involving wife
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IVE to drop new album late this month
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S. Korea moves to legislate 'K-Steel Act' as U.S. tariff hike threatens steel exports
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South Korea sees July export volume grow 5.9 percent on strong chip demand