SEOUL, Feb. 25 (Korea Bizwire) — South Korea will work to develop reference materials for advanced strategic industries, such as semiconductor and battery, by 2028 as part of efforts to strengthen its global competitiveness in the sectors, the industry ministry said Tuesday. The Korean Agency for Technology and Standards (KATS) will be in charge of [...]
SEOUL, Feb. 25 (Korea Bizwire) — The state defense procurement agency signed an initial agreement Tuesday with major shipbuilders Hanwha Ocean Co. and HD Hyundai Heavy Industries Co. to promote cooperation in warship export projects, according to officials. Under the memorandum of understanding (MOU), the three sides will work together to win overseas warship deals, [...]
SEOUL, Feb. 25 (Korea Bizwire) — K-pop boy group Zerobaseone has achieved its fifth consecutive million seller with its latest EP, surpassing 1 million copies sold on the day of its release, according to the group’s agency Tuesday. The band’s fifth EP, “Blue Paradise,” sold over 1.01 million copies upon its release Monday, Wakeone said, [...]
SEOUL, Feb. 25 (Korea Bizwire) — South Korea is set to unveil the prototype of a low observable Wingman unmanned aerial vehicle (UAV) Tuesday, with plans to conduct its first test flight later this year, according to officials at the state-run defense research agency. A ceremony marking the rollout of the prototype, jointly developed by [...]
CHEONAN, South Korea, Feb. 25 (Korea Bizwire) — A bridge collapsed at an expressway construction site in Cheonan on Tuesday, killing three workers and injuring five others, authorities said. The accident occurred at around 9:50 a.m. in the city some 80 kilometers south of Seoul during construction on a section of the Seoul-Sejong expressway. Five [...]
SEOUL, Feb. 25 (Korea Bizwire) — The operations of LG Chem and Lotte Chemical plants at an industrial complex in the central city of Seosan were halted Tuesday due to a power outage, company officials said. The incident occurred around 9:30 a.m. at the two plants located in the Daesan Petrochemical Complex, about 100 kilometers [...]
SEOUL, Feb. 25 (Korea Bizwire) — The Seoul Metropolitan Government has announced plans to become the first local government in South Korea to develop and publish a “coexistence index” that will evaluate delivery platforms on their commitment to fair business practices and cooperation with small businesses. The initiative, aimed at curbing excessive commission fees and preventing [...]
SEOUL, Feb. 25 (Korea Bizwire) — G-Dragon of K-pop boy group BIGBANG is set to release his first solo full-length album in 11 years Tuesday. “Ubermensch,” due out at 2 p.m., is the singer-rapper’s third studio album, with his last being “Coup D’etat,” which came out in September 2013. The title of the new album [...]
SEOUL, Feb. 25 (Korea Bizwire) – South Korean artist Ayoung Kim has been named the winner of this year’s LG Guggenheim Award for her innovative work at the intersection of art and technology, LG Group said Tuesday. Launched in 2023 through a partnership between LG Group and the Guggenheim Museum in New York, the LG [...]
SEOUL, Feb. 25 (Korea Bizwire) — A high-ranking delegation from North Korea’s Workers’ Party has arrived in Moscow for a visit at the invitation of Russia’s ruling party, state media reported Tuesday. The delegation, led by Ri Hi-yong, a member of the party’s Central Committee Politburo, landed in Moscow the previous day at the invitation [...]