Hyosung TNC, the world's No. 1 player in spandex market share, will participate in "OR Show," a textile exhibition with functional materials such as the global outdoor & sports yarn, which will be held in Denver, the U.S. from June 18 to 20.Hyosung TNC will present "Creora® ActiFit," a powerful

Chicken brand KFC will sell "chicken skin fries" on a limited basis from June 19. The upcoming launch was originally sold at some KFC stores in Jakarta, Indonesia, and has become a hot topic through SNS, and the sale has been confirmed due to a sudden surge in consumer requests while discussing the

VX Network, which has developed a blockchain game service platform called "PlayBits" and is preparing for a game-specific exchange, made an announcement on June 13 that it has signed a memorandum of understanding (MOU) with Blockchain Platform Ontology.Ontology is a blockchain platform developed by

WeMakePrice (WMP)'s attack against Coupang has escalated into a legal dispute. WMP said on June 16 that it recently reported Coupang to the Fair Trade Commission (FTC) on charges of violating the large-scale distribution business law and the fair trade law.WMP claimed that Coupang engaged in unf

SKC is going to strengthen its mobility business by acquiring the world's No. 1 manufacturer of copper foil for vehicle baterteries. SKC said on June 13 that it has decided to buy a 100 percent stake in KCFT for 1.2 trillion won. Copper foil is a thin film made of copper with high-level process

The SC Bank Korea branch of the financial union will block the management's performance pressure on its members and focus its efforts on job security. The branch held a regular general meeting at the main auditorium of SC Bank Korea in Seoul on June 11 and said, "It will create a year of establi

Lotte Mart signed a memorandum of understanding (MOU) with the Canadian government to strengthen bilateral cooperation, including the expanded operation of Canadian agricultural products and agrifood.Lee Won-joon, head of the Lotte Group distribution business unit (BU), Lotte Mart CEO Moon Young-pyo

On June 4, Merck announced a three-year cooperation with HQS Quantum Simulations, a startup based in Karlsruhe, Germany. The cooperation between the startup and the Chief Digital Organisation of Merck will focus on applying and commercializing software for quantum chemical applications on quantum co

Samsung Heavy Industries (SHI) has succeeded in developing a VLCC (Very Large Crude Carrier) that uses liquefied natural gas (LNG) as a fuel. With bunker C oil and diesel, which are mostly used as fuel for ships, being blamed for greenhouse gases due to high air pollution, it is expected that the co

Cubrid, which specializes in open-source DBMS, said on June 5 that it has signed a strategic business agreement with WhaTap Labs, a company specializing in IT monitoring.WhaTap Labs is a company that provides cloud-based IT integration monitoring services and provides performance analysis services a

The Supreme Court has decided to lose a damages suit filed by Shin Dong-joo, former vice chairman of Lotte Holdings in Japan, against the company in connection with the dismissal of his board of directors at Hotel Lotte.The Supreme Court rejected the appeal on May 30, saying that Hotel Lotte and Bus

Korea Electrotechnology Research Institute (KERI), led by Choe Gyu-ha, invited officials from Japanese power-related institutions and universities to the institute to explore ways to cooperate. KERI said on May 31 that a total of 12 officials from Central Research Institute of Electric Power Industr

IVS, led by CEO Bae Young-hoon, said on May 30 that its AI-based intelligent image high-speed search software, called the "intelligent high speed search solution," has obtained the first grade of GS certification from the Telecommunications Technology Association (TTA).The IVS-developed search softw

LG Electronics Business Solutions is taking its show on the road – launching its 2019 LG TechTour, a six-city innovation roadshow in the United States where business-to-business customers experience first-hand LG’s broad portfolio of digital signage displays, renewable energy systems, enterprise mob

Daelim Industrial has successfully set up Caisson, a foundation supporting the tower of Turkey's Canakkale Bridge with SK Engineering & Construction. It installed the first Caisson in mid-May and the second Caisson this time to complete all of it.According to the company on May 28, the Caisson o

ZENRooms, a budget hotel chain invested by Yanolja, a hotel and leisure platform company, grew by 500% in just 10 months, a Yanolja spokesman said on May 28. ZENRooms is the Southeast Asia’s No.1 budget hotel chain company, running more than 1,000 franchise hotels.Last July, with the aim to maximize

Lenovo Korea said on May 27 that it has signed a strategic memorandum of understanding (MOU) with 42Maru to combine AI (Artificial Intelligence) technologies with smart devices, including AR and VR devices.The agreement was made to integrate the Machine Reading Composition (MRC) based QA system and

Hanmi Pharmaceutical said on May 24 that it has newly released a cushion-type sunscreen for infants that contains probiotics. The PRO-CALM BEBE suncushion (SPF43/PA++), which is intended for infants, is a cushion-type sunscreen that can be applied easily to children who don't like to wear sunscr

Hanwha Group announced its independent leadership training program, called the "procedure for candidates for promotion," at ATD2019 ICE (Association for Talent Development International Conference & Exposition) hosted by the Human Resource Development Association, which took place in Washington, D.C

Tom Song, vice president of Oracle Korea, was newly appointed to CEO. According to the IT industry on May 22, Oracle appointed Tom Song, vice president of the key account sales department, as its CEO. Song has been acting president since March. Tom Song majored in electrical engineering at the Unive