DAEJEON, Oct. 31 (Korea Bizwire) – The Korea Institute of Machinery and Materials (KIMM) announced on October 30 that it has developed an innovative laser cutting technology capable of safely dismantling nuclear reactors underwater. The development comes at a crucial time as South Korea faces an increasing need for reactor dismantling technology, with multiple nuclear power [...]
SEOUL, Oct. 28 (Korea Bizwire) – South Korea has emerged as the world leader in growth rate of three-dimensional (3D) printing construction technology patent applications over the past five years, according to recent data. The Korean Intellectual Property Office reported on October 27 that an analysis of global patents filed with the IP5 (the five largest [...]
SEOUL, Oct. 27 (Korea Bizwire) – LG Electronics demonstrated its proprietary Soft V2X traffic safety solution at the 5G Automotive Association (5GAA) conference in Berlin from October 21-24, showcasing technology aimed at advancing future mobility solutions. The company, a founding member of 5GAA alongside industry leaders like Mercedes-Benz, BMW, General Motors, Vodafone, Deutsche Telekom, Commsignia, and [...]
SEOUL, Sept. 23 (Korea Bizwire) – In a significant step towards international standardization of urban infrastructure, South Korean-style street signs are set to appear in Ulaanbaatar, the capital of Mongolia, marking the first overseas implementation of South Korea’s addressing system. The South Korean Ministry of the Interior and Safety announced on September 22 that Minister Lee [...]
SEOUL, Aug. 22 (Korea Bizwire) –South Korea’s substantial investment in research and development (R&D) is yielding less-than-expected returns, according to a new analysis. The country’s scientific standing may be at risk due to a declining student population, gender imbalances in research staff, and cultural factors that hinder diversity, a special report from the prestigious Nature [...]
SEOUL, Aug. 9 (Korea Bizwire) – In a significant advancement for environmental science, researchers in South Korea have identified an enzyme capable of breaking down polyethylene, one of the most prevalent and persistent forms of plastic pollution. The discovery, announced on August 8 by the Korea Institute of Science and Technology (KIST), could pave the way [...]
SEOUL, July 29 (Korea Bizwire) – A group of South Korean scientists has discovered the existence of dark states of electrons in a solid material for the first time in the world in a joint research project with scientists from the United States, Britain and Canada, the science ministry said Monday. A research team, led [...]
SEOUL, Jul. 18 (Korea Bizwire) — LG Electronics Co. said Thursday it aims to achieve over 1 trillion won (US$725.2 million) in sales from its smart factory solution business by 2030, leveraging its artificial intelligence technologies and manufacturing expertise. This year, the South Korean home appliance giant entered the smart factory solution market, offering technologies [...]
SEOUL, Jul. 10 (Korea Bizwire) — A global biotechnology exhibition opened in Seoul on Wednesday with the aim of helping local businesses make inroads into the global market, officials said. The Bioplus-International Pharmaceutical and Manufacturing Expo Korea kicked off in Seoul for a three-day run, inviting 250 businesses from 15 countries, including Samsung Biologics Co. [...]
GWANGJU, Jul. 1 (Korea Bizwire) – The city of Gwangju has implemented a smart crosswalk system that automatically extends crossing times for elderly or mobility-impaired pedestrians who may need extra time to cross the street safely. According to city officials on July 1, the “Intelligent Transportation System (ITS) Smart Crosswalk” developed in collaboration with the Gwangju [...]