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UNIST-Harvard Summer Program: “Lessons on Diversity”

UNIST-Harvard Summer Program: “Lessons on Diversity”

ULSAN, Jul. 9 (Korea Bizwire) — Administrators at the Ulsan National Institute of Science and Technology (UNIST) have revealed that the institution for higher learning is currently co-hosting a research internship program with Harvard University’s School of Engineering and Applied Sciences for the second year in a row. The UNIST-Harvard SEAS Summer Program enables students [...]

S. Korean Banks’ Investment in Crypto-assets Totals 2 tln Won in 2017

S. Korean Banks’ Investment in Crypto-assets Totals 2 tln Won in 2017

SEOUL, Jul. 6 (Korea Bizwire) — South Korean banks’ investment in crypto-assets remained low despite a recent craze for the new type of digital currencies, a central bank report said Friday. The outstanding balance of virtual accounts in local banks reached 2 trillion won (US$1.79 billion) as of December last year, according to the report [...]

LG Chem Inks Deal to Secure Lithium Hydroxide from Canada

LG Chem Inks Deal to Secure Lithium Hydroxide from Canada

SEOUL, Jul. 4 (Korea Bizwire) — LG Chem Ltd., South Korea’s top chemicals company, said Wednesday it has signed a five-year deal with Nemaska Lithium, a Canadian supplier of lithium hydroxide, a key material in making electric vehicle batteries. The deal allows LG Chem to receive 7,000 tons of lithium hydroxide per year, enough for [...]

New App Allows Easier Heart Illness Diagnosis

New App Allows Easier Heart Illness Diagnosis

SEOUL, Jul 2. (Korea Bizwire) — A new smartphone application that can identify heart diseases based on the sound of a heartbeat recorded via one’s smartphone is about to be released South Korea for the first time. During initial trials, the application demonstrated accuracy levels of up to 90 percent. A medical research team comprising [...]

KT Develops Unmanned Rescue Platform

KT Develops Unmanned Rescue Platform

WONJU, Jun. 25 (Korea Bizwire) — KT Corporation, South Korea’s largest telecommunications company, showcased a new emergency platform today that utilizes an unmanned aircraft and a drone to find survivors of natural disasters and other large-scale emergencies. The “Skyship” platform revealed at KT Corporation’s Wonju Campus includes an unmanned aircraft, a command, control & communications [...]

S. Korea to Use AI in Drug Discovery

S. Korea to Use AI in Drug Discovery

SEOUL, Jun. 7 (Korea Bizwire) — South Korea will spearhead a project to develop a drug platform based on artificial intelligence (AI) and big data, the government said Thursday, in the latest effort to transform the country into a global biotech and medical industry hub. A total of four research centers and universities — the [...]

New Scientific Breakthrough in Semiconductor Research

New Scientific Breakthrough in Semiconductor Research

POHANG, May 25 (Korea Bizwire) — New technology could make it possible to elevate the performance of semiconductors, as development in the area has remained stagnant in recent years. Spintronics and valleytronics are the latest technologies that could play a significant role in developing next generation semiconductors. Spintronics is the study of an electron’s spin [...]