SEOUL, Jan. 9 (Korea Bizwire) — South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it has developed a collaborative robot, or cobot, in an effort to boost productivity. The world’s fourth-largest shipbuilder by order backlog said the newly developed cobot has recently been put into service for the welding job of [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — South Korea’s SK Group ended its four-day CES exhibition Sunday, drawing the largest attendance in three years with the visions and technologies presented for a sustainable future. More than 30,000 visitors came to see the SK exhibition booth in the Las Vegas Convention and World Trade Center during the [...]
SEOUL, Jan. 9 (Korea Bizwire) — Michelin-star chef Gordon Ramsay’s Street Burger restaurant is set to open in Hyundai Department Store in southern Seoul, company officials said Monday. Street Burger is a namesake casual burger joint founded in 2020 by the British celebrity chef Gordon Ramsay. The Seoul restaurant will be the first global location [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea’s imports of coffee soared nearly 45.1 percent in the first 11 months of 2022 from a year earlier on its growing popularity here, data showed Monday. The value of the country’s coffee imports came to US$1.19 billion in the January-November period, up 45.1 percent from the previous [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — Sustainable food is a promising area worth betting on not only businesswise but also for its social and environmental impact, one of the reasons why SK is targeting Asia and Europe for a market expansion, a senior SK executive has said. Kim Dae-jung, vice president at SK Inc.’s Green [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) — In a pitch dark tunnel, the Statue of Liberty, Big Ben and Sphinx slowly disappear into the rising sea, a virtual scene that takes viewers to a grim fate engulfed by a future where Earth has succumbed to climate change. The bleak scenario, which could befall the world, juxtaposes [...]
SEOUL, Jan. 5 (Korea Bizwire) – South Korean shipbuilders received the largest orders in four years in 2022, and the country ranked the world’s No. 1 in terms of the construction of high-priced and eco-friendly vessels, the industry ministry said Thursday. Local shipbuilders won orders of a total of 15.59 million compensated gross tons last [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) — For anyone who has experienced Korean culture, they should be familiar with the letter “K” being used like a prefix to highlight the Korean identity, like K-pop that has become so widely known. In a corner of this year’s CES, a show that outdoes the conventional in the mecca [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) — HD Hyundai Co., South Korea’s largest shipbuilding conglomerate, unveiled its vision for a sustainable future at CES on Wednesday, including a future ship with advanced digital solutions using energy-saving technologies. It marks the second consecutive year for the shipbuilding giant, formerly known as Hyundai Heavy Industries Group, to have [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s department store chains are reducing benefits for top-spending VIP customers as a sharp increase in the number of such customers has led to a steep increase in related expenses. According to industry sources, Lotte Department Store introduced a new VIP customer system on Monday, its first changes [...]