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    Song Joong-ki marries British woman, expects baby

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Wed, February 1, 2023 | 17:17
President pledges support for Korean chipmakers to overcome crisis
President pledges support for Korean chipmakers to overcome crisis
President Yoon Suk Yeol said Wednesday the government will make all-out efforts to help Korean chipmakers overcome the current down cycle, citing semiconductors as a “national security asset that underpins the economy.” “Semiconductors are the backbone of our economy and a national security asset,” Yoon said during his visit to an SK Siltron plant in Gumi, North Gyeongsang Pr...
2023-02-01 16:56
SK hynix reaffirms decision to cut investments by 50% after losing $1.4 billion in Q4 2022
SK hynix reaffirms decision to cut investments by 50% after losing $1.4 billion in Q4 2022
SK hynix suffered its first quarterly operating loss in 10 years, reiterating that the size of its annual investment will be halved this year compared to last year. During Wednesday's conference call on its fourth-quarter earnings, the chipmaker attributed its performance to falling global memory chip demand and declining product prices leading to its quarterly operating loss...
2023-02-01 14:57
Space industry takes off in South Jeolla
Space industry takes off in South Jeolla
June 21, 2022, marks the turning point for Korea's space industry. The KSLV-2, better known as the Nuri, is a Korean-made three-stage launch vehicle that shot through the sky of Goheung County in South Jeolla Province and successfully released a test satellite into a 700-kilometer orbit.
2023-02-01 08:45
POSCO Chemical signs $33 bil. deal to supply cathode materials to Samsung SDI
POSCO Chemical signs $33 bil. deal to supply cathode materials to Samsung SDI
POSCO Chemical said Monday it has signed a largest-ever long-term contract to supply a key component used in electric vehicle (EV) battery cells to Samsung SDI. POSCO Chemical will supply high-nickel cathodes, consisting of lithium, nickel, cobalt and aluminum, to Samsung SDI, for a 10-year period starting this year for 40 trillion won ($32.5 billion), the chemical unit of st...
2023-01-30 20:13
Hyundai Motor unveils mobility's future as mobile living space
Hyundai Motor unveils mobility's future as mobile living space
Hyundai Motor Group unveiled an animated video called “Mobile Living Space,” which it says will redefine future mobility as an organic connection mechanism between vehicles and buildings.
2023-01-30 17:04
LG Innotek CEO vows to become leader in FC-BGA substrates
LG Innotek CEO vows to become leader in FC-BGA substrates
Jeong Cheol-dong, CEO and president of LG Innotek, vowed that his company will become a global leader in a next-generation semiconductor packaging substrate known as flip chip ball grid array (FC-BGA), according to the IT parts arm of LG Group, Monday. LG Innotek said it held a ceremony recently at its FC-BGA factory in Gumi, North Gyeongsang Province, to commemorate bringing...
2023-01-30 17:04
[ANALYSIS] Pandemic awakens demand for data-driven automation
ANALYSISPandemic awakens demand for data-driven automation
The COVID-19 pandemic presented an opportunity for manufacturers in global supply chain systems to embrace significant challenges. Korean conglomerates like Samsung, LG and SK groups also had to adjust to the crisis by revamping their supply chains and embracing more innovative manufacturing processes.
2023-01-30 08:25
Samsung Display ups patent management to contain Chinese rivals
Samsung Display ups patent management to contain Chinese rivals
Samsung Display is increasing its efforts to protect its patented organic light-emitting diode (OLED) technologies, aiming to contain its Chinese rivals at a time when OLEDs are increasingly used not only in smartphones but also in other devices such as tablet PCs and laptops, according to industry sources, Thursday.
2023-01-26 16:02
Samsung unveils energy-efficient air conditioners, purifiers
Samsung unveils energy-efficient air conditioners, purifiers
Samsung Electronics unveiled new air conditioners and air purifiers for its 2023 Bespoke lineup that consume less energy and provide more customized features using artificial intelligence (AI) technology, the company said Thursday. Ranging from the highest-priced Bespoke WindFree Air Conditioner Gallery to the standard model Bespoke Slim, Samsung emphasized that every floor-s...
2023-01-26 14:32
Korea to invest $982.3 mil. for energy tech development
Korea to invest $982.3 mil. for energy tech development
Korea will earmark 1.21 trillion won ($982.3 million) this year for technology development in nuclear energy, hydrogen and other energy resources, the industry ministry said Thursday.
2023-01-26 14:09
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Top 10 Stories
1Korean Lunar New Year vs. Chinese Lunar New Year Korean Lunar New Year vs. Chinese Lunar New Year
2US bill introduced to honor Korean War hero US bill introduced to honor Korean War hero
3South Korea, US to expand size and content of joint military drills South Korea, US to expand size and content of joint military drills
4Popular travel YouTuber recalls painful memories of being bullied at school Popular travel YouTuber recalls painful memories of being bullied at school
5Samsung refuses to cut chip output despite plunging profits Samsung refuses to cut chip output despite plunging profits
6Garbage collector mistakes sex doll for corpse Garbage collector mistakes sex doll for corpse
7Holy Moly concert series brings 4 punk bands to Haebangchon Holy Moly concert series brings 4 punk bands to Haebangchon
8IMF slashes Korea's 2023 economic growth outlook to 1.7% IMF slashes Korea's 2023 economic growth outlook to 1.7%
9Korean corporations' dividend payout system to follow global standards Korean corporations' dividend payout system to follow global standards
10Yoon urges private sector to use UAE's $30 bil. investment as stepping stone for 'Middle East boom' Yoon urges private sector to use UAE's $30 bil. investment as stepping stone for 'Middle East boom'
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