SEOUL, Nov. 26 (Korea Bizwire) — Several executives within the biotech unit of Hanwha Chemical have been fired. This is widely interpreted as a personnel move by Hanwha Group chairman Kim Seung-youn who kick-started the biotech business in 2006 as part of an ambitious plan to nurture it as a next-generation growth engine. For years the unit hasn’t [...]
SEOUL, Nov. 26 (Korea Bizwire) — “T Map,” the popular smartphone-based navigator service provided by SK Planet, is trying to expand its role as a public safety tool. The company said on November 25 that its T Map service is building a variety of public services upon its location-based service used by 17 million people. One of [...]
SEOUL, Nov. 26 (Korea Bizwire) ― Twenty solar powered refrigerators equipped with Smart Inverter Compressors were donated to local communities in Africa and South America as part of LG Electronics’ partnership with the non-profit organization World Vision Kenya as well as the Ministry of Housing, Construction and Sanitation of Peru. These donations specifically targeted areas [...]
SEOUL, Nov. 21 (Korea Bizwire) – AhnLab Inc., Korea’s major security software provider, has come up with a new, expanded scheme to encourage employees to make voluntary R&D suggestions called “iQ.” The focus of the latest revision is on raising the probability of commercial success of the suggested ideas. Up until now, the company has commercialized employee-suggested ideas from [...]
SEOUL, Nov. 19 (Korea Bizwire) – Hyundai Heavy Industries has completed the construction of the world’s largest containership capable of holding 19,000 twenty-foot containers. The company held a christening ceremony on November 18 at its Ulsan headquarters building, with China Shipping Group chairman Xu Lirong, China Shipping Container Lines president Zhao Hongzhou, Chinese Ambassador to Korea QiuGuohong, and Hyundai Heavy Industries [...]
SEOUL, Nov. 18 (Korea Bizwire) – Korean scientists found a new way to utilize black phosphorus to form the next-generation transistor with high stability and performance. The Korea Institute of Science and Technology announced on November 17 that its research team at the Interface Control Research Center led by professor Na Jun-hong paved the way to use [...]
SEOUL, Nov. 14 (Korea Bizwire) – South Korea was the world’s most research and development intensive country in 2012, spending 4.36 percent of GDP on R&D, according to the OECD Science, Technology and Industry Outlook 2014. Korea also was the top at the R&D spending rate out of the total revenue, representing 3.4 percent. The report [...]
SEOUL, Nov. 13 (Korea Bizwire) — The Ministry of Science, ICT and Future Planning said on November 12 that it would kick off a new committee on the next day called the “X Project Promotion Committee” which will tackle daring and highly creative research issues. The committee will come up with research topics from experts from diverse fields [...]
SEOUL, South Korea, Nov. 12 (Korea Bizwire) — A large number of leading security companies in Asia will head to Korea in March 2015 to attend SECON 2015 (International Security Exhibition and Conference 2015: www.seconexpo.com), where global trends and technologies are presented. Participating companies are to exhibit existing and new security technologies from video security [...]
SEOUL, Nov. 12 (Korea Bizwire) — The Korea Advanced Institute of Science and Technology said on November 11 that its students won the first place award selected by the participants of the Student Innovation Contest, an event held in conjunction with the User Interface Software and Technology 2014 Conference. Sponsored by the U.S. Association for Computing Machinery, [...]