Hyundai Mobis has established an "Open Innovation Center," M.Cube, at Silicon Valley in the U.S. to speed up the search and investment in global startups that have new vehicle technologies such as self-driving.Hyundai Mobis said on Nov. 4 that M.Cube will play a key role for finding and fostering pr

[Darmstadt, Germany] Passive House residents open their homes from 9th to 11th November. Simply walking into other people's homes? That is exactly what everyone can do during the International Passive House Open Days. Residents of Passive House buildings will open their doors to visitors during

Hyundai Motor's labor union has taken out a general strike card. This is a reaction against the "Gwangju-type Jobs" that aim to create jobs by building a new factory that pays half the annual salary of car production workers ranging from 70 million and 90 million won."Gwangju-type jobs will caus

A new renewable energy production complex with a total of 4GW solar energy and wind power will be built in the Saemangeum reclaimed land. The Saemangeum Development Administration and North Jeolla Province held a ceremony to proclaim the "Samangeum Renewable Energy Vision" at the offshore floating s

Samsung Electronics today introduced two new 0.8-micrometer (μm) pixel image sensors – the 48-megapixel (Mp) Samsung ISOCELL Bright GM1 and the 32Mp ISOCELL Bright GD1.“Demand for ultra-small, high-resolution image sensors are growing as smartphones evolve to deliver new and more exciting camera exp

Samsung SDS held "Cello Tech Fair 2018" on October 25 and introduced "Cello Plus 2.0" with AI technology that increases accuracy of predicted shipment.Cello Plus 2.0 is a logistics platform that applied new IT technologies such as AI, IoT, and Big Data to Cello Plus that was introduced in 2015.Cello

KT announced on October 24 that it signed an official agreement with Lotte Rental for release of iPhone rental service at the East of KT's Gwanghwa Mun Building in Jongno-gu, Seoul on October 23. Lee Pil-jae, vice president of KT's marketing division, and Pyo Hyun-myung, CEO of Lotte Rental

Daelim Industrial Co. announced on October 22 that it signed an agreement on the New Ammonia project at Ma'den headquarters in Saudi Arabia worth $892 million. The ceremony was attended by Darren Davis, president of the Saudi state-run mineral company Madden, and Lim Hun-jae, head of the plant b

Samsung Medison is showcasing its new generation of premium ultrasound system HERA W10 and prototype of a chair-type ultrasound system HERA I10 at the 28th World Congress of the International Society of Ultrasound in Obstetrics & Gynecology (ISUOG) from October 21st to 24th in Singapore.HERA is a ne

Amore Pacific Group is expanding its business in Oceania by launching luxury brands AMOREPACIFIC simultaneously in Australia and New Zealand. AMOREPACIFIC, a brand with the same name, entered 44 MECCA Cosmetica offline stores and two online malls across Australia and New Zealand on October 3. In the

Samsung Electronics announced on Oct, 18 that it has completed all process technology development and has started wafer production of its revolutionary process node, 7LPP, the 7-nanometer (nm) LPP (Low Power Plus) with extreme ultraviolet (EUV) lithography technology. The introduction of 7LPP is a c

Woori Bank said on October 16 that it obtained permission to establish a European corporation from the German Financial Supervisory Service and the European Central Bank. Woori Bank has laid the groundwork for full-scale operations in the EU by obtaining permission to establish a European corporatio

Doosan Infracore CEO Sohn Dong-youn was severely reprimanded by lawmakers for allegedly stealing and misusing technical data from suppliers.Rep. Song Gap-seok of the ruling Democratic Party of Korea asserted at a parliamentary inspection on Oct. 12, "Dusan Infracore asked INO Corporation, a supplier

LS Cable & System made an announcement on Oct. 11 that it received an order for the ultra-high-pressure cable project worth $125.5 million (W140 billion) in the turn key base from Bahrain Hydro & Power Authority. LS Cable is going to supply premium-class 400kV ultra-high-pressure cables and also car

Asiana Airlines has started serving its customers in the lounge with its own craft beer "ASIANA," an Asiana spokesman said on Oct. 10. Asiana Airlines has provided its customers with the premium handmade beer "ASIANA" in its newly refurbished Asiana Airlines First and Business Lounge at Incheon Inte

Ambrosus, the globally decentralised blockchain and IoT platform, has partnered with NDS, a subsidiary of Korean food producer Nongshim, to track and trace premium quality beef sold by food retailer Mega Mart. Using the AMB-NET blockchain, Ambrosus will pioneer a revolutionary beef traceability mode

[Falun, Sweden] With data centers expected to consume as much as 20 percent of the world’s energy within only a few years, the deployment of energy efficient data centers is crucial. Swedish developer of climate-positive data centers EcoDataCenter has taken a global lead in this segment and is now l

Since the establishment of diplomatic relations on 22 December 1992, Vietnam and South Korea have rapidly expanded to become "Comprehensive Partnership in 21st Century" in 2001 and then "Comprehensive Partnership" in 2009. This has brought great achievements in all fields including politics, economi

Hyundai Elevator has won the "Finalist" at the 2018 International Design Excellence Awards hosted by the Industrial Designers Society of America (IDSA), becoming the first global elevator company to win such an award.Along with the Red Dot Design Awards and the iF Design Awards, IDEA is one of the t

Coinnest CEO Kim Ik-hwan, who is on trial for embezzling customer money, has been indicted additionally for listing S Coin, whose technology is weak. The financial investigation department of the Seoul Southern District Public Prosecutors' Office said on Sept. 18 that it indicted CEO Kim and the