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U.S. Trade Panel Says SK Stole LG Trade Secrets for EV Batteries

U.S. Trade Panel Says SK Stole LG Trade Secrets for EV Batteries

SEOUL, March 5 (Korea Bizwire) — A U.S. trade panel has said SK Innovation Co. misappropriated trade secrets of its South Korean rival LG Energy Solution Ltd. for its development of electric vehicle (EV) batteries, in a decision that could jeopardize SK Innovation’s battery businesses in the United States. The U.S. International Trade Commission (ITC) [...]

S. Korea to Invest 115 bln Won on Aviation Tech to Overcome Virus Fallout

S. Korea to Invest 115 bln Won on Aviation Tech to Overcome Virus Fallout

SEOUL, March 5 (Korea Bizwire) — South Korea said Friday it plans to invest 115.3 billion won (US$102 million) this year to study deeper into state-of-the-art aviation technologies as it vowed to spare no efforts to help local companies to overcome the new coronavirus pandemic. The announcement is in line with the country’s 10-year development [...]

S. Korea to Provide Nearly 100 bln Won of Support for 3-D Printing This Year

S. Korea to Provide Nearly 100 bln Won of Support for 3-D Printing This Year

SEOUL, March 4 (Korea Bizwire) – South Korea’s ICT ministry said Thursday it will commit 96.8 billion won (US$86 million) this year to bolster the local 3-D printing industry. Last year, the country laid out a three-year plan to acquire new technology and components in 3-D printing to boost local manufacturing. The government provided 98.6 [...]

Patent Office Introduces AI Technology for Faster, More Accurate Review of Trademarks and Designs

Patent Office Introduces AI Technology for Faster, More Accurate Review of Trademarks and Designs

DAEJEON, Feb. 17 (Korea Bizwire) — The Korean Intellectual Property Office (KIPO) has developed an artificial intelligence (AI)-based trademark and design image search system and started using it for trademark and design examinations on Monday. Thus far, the patent office’s trademark and design reviewers had to rely on their naked eyes when browsing thousands of [...]

Doosan Mobility Innovation to Develop Hydrogen-fueled Firefighting Robots

Doosan Mobility Innovation to Develop Hydrogen-fueled Firefighting Robots

SEOUL, Feb. 9 (Korea Bizwire) — Doosan Mobility Innovation (DMI), a producer of portable fuel cell power packs, said Tuesday it has signed a deal with a Chinese robot maker to jointly develop hydrogen fuel cell-powered firefighting robots. Under the deal with CITIC HIC Kaicheng Intelligence Equipment Co., DMI will work together to establish sales [...]

Samsung Display Develops Low-power OLED Panel for Smartphones

Samsung Display Develops Low-power OLED Panel for Smartphones

SEOUL, Jan. 26 (Korea Bizwire) — Samsung Display Co., a major display maker in South Korea, said Tuesday it has developed a low-power consumption organic light-emitting diode (OLED) panel for smartphones. The affiliate of Samsung Electronics Co. said the latest OLED display reduces power consumption up to 16 percent compared with its previous smartphone panels. [...]