SEOUL, Apr. 5 (Korea Bizwire) — South Korea’s industry ministry said Friday it has designated six overseas partner institutions to establish global technology cooperation centers, aiming to advance research projects focused on core technologies. The country will seek to establish such centers under ties with MIT, Yale University, Purdue University, Fraunhofer, Johns Hopkins University and [...]
SEOUL, Aug. 31 (Korea Bizwire) — South Korea needs to develop countermeasures to prevent overseas leaks of state-of-the-art technology, especially regarding semiconductors, amid the deepening of technology competition among major countries, including the U.S. and China, the Federation of Korean Industries said Tuesday. According to the National Industrial Security Center under the National Intelligence Service, [...]
SEOUL, Sept. 29 (Korea Bizwire) — An increasing number of catering companies are going beyond the limit of providing simple meals towards supporting health management and improvement of dietary habits using state-of-the-art technology. CJ Freshway Corp., a food distribution and catering affiliate of CJ Group, teamed up with food data analysis start-up NUVI Lab in [...]
SEOUL, Aug. 23 (Korea Bizwire) — Amid a recent surge in the number of disputes over noise between floors resulting from the COVID-19 pandemic, which has prompted most Koreans to spend more time at home, construction companies are moving heaven and earth to develop technology that can reduce noise between floors. DL E&C Co. and [...]
SEOUL, March 31 (Korea Bizwire) — South Korea said Wednesday it aims to acquire core technologies in eco-friendly energy sectors, such as highly-efficient solar panels and large-scale wind turbines, to reach carbon neutrality by 2050. Last year, South Korea unveiled its carbon neutrality goal to reduce reliance on fossil fuels and nurture eco-friendly industries. Under [...]
SEOUL, Jan. 20 (Korea Bizwire) – South Korean government agencies are uniting forces to develop technology that can prevent the smuggling of illicit goods such as drugs and firearms that pose a threat to society as a whole. The Ministry of Science and ICT and the Korea Customs Service jointly announced on Tuesday the launch of a [...]
SEOUL, Jan. 19 (Korea Bizwire) — The government plans to develop appliances that can recycle used batteries. The Ministry of Trade, Industry and Energy announced Monday that it will invest 13 billion won (US$11.7 million) to develop technology for recycling used batteries by 2024. Batteries used for electric vehicles (EVs) and other appliances will become [...]
DAEJEON, Oct. 2 (Korea Bizwire) — ‘Organ chips’ are rising as a new alternative that can replace lab experiments on animals. Organ chip technology recreates cells that form the blood vessels, lungs, liver, and other human organs in 3D, which are placed on a microfluidic chip to test pharmaceutical reactions in an environment similar to [...]
SEOUL, May 28 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) announced on Monday that it will invest 150 billion won (US$126 million) until 2023 to support innovative businesses. The city will kick off the project this year by investing 10 billion won to test various technologies developed by 50 companies. Participating companies will be [...]
SEOUL, May 9 (Korea Bizwire) — South Korea will spend 240 billion won (US$204 million) in the next 10 years to develop key semiconductor technologies that can alter the paradigm of the chip industry as a whole, the science ministry said Thursday. The medium-to-long term chip sector growth plan centers around securing know-how in such [...]