SEOUL, Aug. 19 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday it will launch its virtual meeting platform ifland in around 80 overseas markets by the end of this year in a move to join the global metaverse rush. The carrier launched the platform last month that allows users to [...]
SEOUL, Aug. 19 (Korea Bizwire) — South Korea plans to invest 1.6 trillion won (US$1.37 billion) in the next 10 years to secure core technologies for satellite development in the defense sector, the arms procurement agency said Thursday. The plan is part of a series of measures aimed at upgrading the country’s defense capabilities in [...]
SEOUL, Aug. 19 (Korea Bizwire) — SK Energy Co., South Korea’s leading refiner under SK Innovation Co., said Wednesday that it had introduced smart technology to replace the inspection of subsea pipelines, which has been conducted manually in the past. The second pipeline buoy of the company’s plant in Ulsan, an industrial city about 414 [...]
SEOUL, Aug. 18 (Korea Bizwire) — SK Energy Co., a major oil refinery and gas station operator, will become the first South Korean company to release carbon neutral oil product to achieve SK Group’s ‘Net Zero’ initiative, a part of the group’s environment, social and governance (ESG) management plan. Carbon neutral oil product is produced [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea aims to create around 1,800 companies that specialize in new 5G services in the next five years, the ICT ministry said Wednesday, to boost adoption of promising technologies powered by the latest generation networks. While the country commercialized 5G in 2019, companies have yet to fully harness [...]
SEOUL, Aug. 18 (Korea Bizwire) — The webcomic arm of South Korea’s top portal operator, Naver Corp., said Wednesday it will expand cooperation with the agency of K-pop sensation BTS and other companies to create new original content. Webtoon Entertainment said it will create various locally made webcomics and other kinds of intellectual property (IP) [...]
SEOUL, Aug. 17 (Korea Bizwire) — SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., said Tuesday its first-half net losses narrowed from a year earlier on self-rescue measures. From January to June, SsangYong Motor’s net losses fell to 180.53 billion won (US$154 million) from a net loss of 202.38 [...]
SEOUL, Aug. 17 (Korea Bizwire) – As the fourth wave of the coronavirus pandemic continues to sweep across the country, demand for tableware has been on the rise over the past 30 days as a growing number of individuals are trying to cut back on disposable materials as they eat at home. Online shopping mall [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korea will introduce robots to feed military trainees this year. The Ministry of National Defense and the Ministry of Trade, Industry, and Energy announced last week that they will introduce robots as a test run this year to minimize the risk of injury and pressure borne by military [...]
SEOUL, Aug. 16 (Korea Bizwire) — Users of Samsung Electronics Co.’s foldable smartphones have different interests, according to a recent data analysis. Galaxy Fold users tend to enjoy golf and electric vehicles, while Galaxy Z Flip users are interested in fashion, beauty and social media. SK Telecom Co., South Korea’s top wireless carrier, analyzed user [...]