SEOUL, June 26 (Korea Bizwire) — In a global first, South Korea’s Korean Register (KR) and HD Hyundai have successfully demonstrated a technology that captures and recycles boil-off gas from LNG-fueled ships under construction, repurposing it as city gas for onshore use. The trial was conducted at HD Hyundai Heavy Industries’ Ulsan shipyard on a [...]
PUERTO AYORA, Ecuador, April 29 (Korea Bizwire) — In one of the world’s most ecologically sensitive regions, South Korean tech giant Samsung Electronics is drawing attention for its environmentally conscious e-waste recycling initiative in Ecuador’s Galápagos Islands. Samsung’s Latin America division announced Monday that it has been operating a mobile electronics waste collection program on [...]
SEOUL, April 21 (Korea Bizwire) — Hyundai Motor Co. said Monday it has delivered five electric buses to the transportation unit of Japan’s Iwasaki Group, marking its first commercial electric bus delivery in the neighboring country. The South Korean automaker held a delivery ceremony for the Elec City Town buses with Iwasaki Group in Yakushima, [...]
SEOUL, April 9 (Korea Bizwire) — South Korea is on course to conclude negotiations for a project to build a nuclear power plant in the Czech Republic, Seoul’s industry minister said Wednesday, as the final agreement for the highly anticipated project is being delayed. “We have completed documentations for the project, and local procedures, such [...]
SEOUL, July 7 (Korea Bizwire) — POSCO International Corp., a unit of South Korean steel giant POSCO Holdings Inc., said Thursday it has begun the construction of an electric vehicle (EV) parts plant in Mexico as it pushes to expand its EV-related business. The driving motor core-producing plant in Ramos Arizpe in the state of [...]
SEOUL, May 23 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, announced Sunday that it had developed the world’s first swivel display for automobiles, a 34-inch display that can move vertically. The 34-inch curved screen has a 6K OLED panel, and can move vertically in three ways. It maximizes visibility for [...]
SEOUL, March 24 (Korea Bizwire) — SK Trading International Co., an affiliate of South Korean refinery-to-battery maker SK Innovation Co., said Wednesday it had signed the world’s first deal to introduce 200,000 barrels of ‘net-zero oil’ per year for five years, starting from 2025, from U.S. oil giant Occidental Petroleum Corp. Net-zero oil is produced [...]
GWANGJU, Oct. 15 (Korea Bizwire) — A South Korean drone company has succeeded in remotely controlling a drone thousands of kilometers away. Local drone manufacturer Hogreen Air on Thursday succeeded in remotely controlling two 5G hydrogen fuel cell drones in at a drone park in the southern city of Gwangju from a 9,042-kilometer distance in Silicon Valley. [...]
SEOUL, Oct. 12 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, has announced the world’s first commercialization of a Physical Unclonable Function (PUF)-based Universal Subscriber Identity Module (USIM) in collaboration with security solutions company ICTK Holdings. PUF is a technology that prevents counterfeits or modifications using the difference in microstructure of [...]
SEOUL, Sept. 6 (Korea Bizwire) — Samsung Heavy Industries Co. said Monday it has succeeded in demonstrating a ship collision avoidance system. The shipbuilder’s remote autonomous navigation system, known as Samsung Autonomous Ship (SAS), helped two autonomous ships travelling their trajectories avoid by detecting each other in seas off the southwestern island of Gageo, Samsung [...]