SEOUL, Sept. 16 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical company, will hold a board meeting this week to discuss a spinoff of its battery business, people familiar with the matter said Wednesday. LG Chem could finalize its decision on the issue in an emergency board meeting on Thursday, they said. The [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korean shipbuilder Hyundai Samho Heavy Industries Co. said Wednesday it has delivered the world’s first container ship powered by liquefied natural gas (LNG) to a Singaporean shipping company. The LNG-powered container ship with a capacity of 14,800 twenty-foot equivalent units (TEUs) is one of six ships to be [...]
SEOUL, Sept. 16 (Korea Bizwire) — A new artificial intelligence (AI) model has been developed using big data to predict the possibility of patients suffering from falls or bedsores on a real-time basis. The Hallym University Medical Center announced on Tuesday that it had developed a new AI model that can predict the possibility of [...]
SEOUL, Sept. 16 (Korea Bizwire) — An upgraded text messaging service jointly developed by South Korea’s three major carriers to compete with the nation’s top mobile messaging app KakaoTalk is expected to make forays into the corporate messaging market. In a business environment where short messaging service (SMS) is generating virtually no sales, the telecom [...]
SEOUL, Sept. 16 (Korea Bizwire) — Following the onset of the COVID-19 pandemic earlier this year, more than 7 in 10 South Korean adults have reported having a stronger interest in improving the strength of their immune system, a recent survey has revealed. Market research firm Opensurvey conducted a survey of 1,000 men and women [...]
SEOUL, Sept. 16 (Korea Bizwire) — Samsung Display Co. said Wednesday it has commercialized a foldable display panel with the smallest radius of curvature in the world. Samsung Display said its latest foldable OLED panel that was applied to Samsung Electronics Co.’s Galaxy Z Fold 2 smartphone has a 1.4R rating for its curvature, which [...]
SEOUL, Sept. 16 (Korea Bizwire) — Hyundai Motor Co. said Wednesday that it has exported four units of a hydrogen fuel cell system to Europe, paving the way for further shipments of the environmentally friendly energy solution. The hydrogen fuel cell system will be delivered to GRZ Technologies Ltd., a Switzerland-based company specializing in energy [...]
SEOUL, Sept. 15 (Korea Bizwire) — Walt Disney’s live action film “Mulan” is facing the risk of boycott even before its release in South Korea after the movie sparked controversy for justifying China’s human rights violation against the ethnic minority Uyghurs. The hashtags #BoycottMulan and #BanMulan have gone viral on Twitter and other social media [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korean major oil refiners, which have had difficulty getting out of a loss-making business structure, are stepping into the hydrogen business, which was once regarded as a rival to their core operations. The country’s four major refiners — SK Innovation Co., GS Caltex Corp., Hyundai Oilbank Co. and [...]
SEOUL, Sept. 14 (Korea Bizwire) — South Korean mobile carriers are racing to develop digital health care services, industry officials said Monday, as demand for remote personalized services grows amid the pandemic. The country’s three major carriers — SK Telecom Co., KT Corp., and LG Uplus Corp. — have recently joined hands with local health [...]