The air purifiers of Japan's Sharp were evaluated as substandard in all three categories related to the performance of the machine. Of the total of 35 air purifier models sold in South Korea, Sharp products are the only ones that have been "flunked" in the performance category.The Ministry of En

"POSCO-Box pillar (P-Box) and Reinforced Concrete Beam Jointing Method (No. 868)" that were developed by POSCO and its customer companies have been designated as a new construction technology by the Ministry of Land, Infrastructure and Transport, POSCO said on Aug. 7POSCO has developed the P-Box bon

Samsung Electronics announced its smartwatch "Galaxy Watch Active2 Underarmour Edition" on August 7 (U.S. time) that collaborated with sportswear brand Under Armour at Samsung's Galaxy Unpack 2019 at the Barclays Center in Brooklyn, New York. Samsung Electronics and Microsoft also introduced "Ga

Samsung Electronics introduced its strategic Smartphone Galaxy Note 10 and opened a new door for global Smartphone markets in second half of this year. Galaxy Note 10, which boasts the strongest performance ever, is introducing a variety of upgraded features. Purposeful Design For a Premium Experien

Hyundai Motor Co.'s first hybrid sports utility vehicle (SUV), Kona Hybrid, has been launched. Hyundai Motor announced on Aug. 7 that it will launch the Kona Hybrid model and the 2020 Kona (gasoline, diesel) and start selling them in earnest. "Kona, which was released in 2017, is receiving world

The Internet of Things (IoT) home security service has been launched that can protect the home from the dangers of theft and home invasions, which are aimed at single-person households and empty homes during the vacation season.LG Uplus (vice chairman Ha Hyun-hoe) announced on August 7 that it will

Samsung BioLogics has signed an additional contract manufacturing organization (CMO) deal with the global pharmaceutical company UCB.Samsung BioLogics said on Aug. 2 that it has signed a CMO deal with UCB to curb the accumulation of tau protein, known as a key factor in the outbreak of central nervo

Salesforce, which leads the global CRM market, will apply blockchain technology to Customer Relationship Management (CRM) for the first time, enabling companies to manage and share scattered data more easily and securely.In particular, the low code development method, which enables the construction

Samsung Electronics announced on August 6 that it has begun mass producing 250-gigabyte (GB) SATA solid state drive (SSD) that integrates the company’s sixth-generation (1xx-layer) 256-gigabit (Gb) three-bit V-NAND for global PC OEMs. By launching a new generation of V-NAND in just 13 months, Samsun

Korea Electric Power Corp. (KEPCO) opened EN:TER, an energy business platform, from Aug. 5. EN:TER is a business platform that brokers various energy services to users, providing "business matching services" and "customer convenience services".The business matching service consists of the "Energy Se

Kim Ki-nam, vice chairman of Samsung Electronics' DS division, ranked 13th among the world's most influential CEOs. According to the "2019 World's Best CEO" list of the U.S. economic magazine "CEO World," Vice Chairman Kim was ranked 13th in overall and third in IT business management. I

The strike vote was approved by Hyundai Motor's labor union. As a result, the union is expected to go on strike for the eighth consecutive year if the National Labor Relations Commission decides to suspend arbitration. Hyundai Motor's labor union held a vote on its members for or against the

Subcontractors damaged by the big power trip by Daewoo Shipbuilding & Marine Engineering (DSME) filed a complaint with the prosecution on July 29 against the company on charges of not paying bills to their subcontracts.A damage countermeasure committee held a press conference in front of the Seoul C

SK Group is stepping up efforts to standardize its social value measurement internationally. SK Group has joined hands with South Korean public corporations, public organizations and social enterprises as well as China's state-owned asset supervision and management committee and Germany's BA

SK Telecom said on July 31 that it will hold the "SKT 5GX 1 million countdown" event from Aug. 1 to 28.Ahead of achieving its 1 millionth 5G subscription, SK Telecom will offer "Jeju Luxury Travel Package" to its 800,000th, 850,000, 900,000, 950,000 and 1 millionth subscribers through the event.SK T

A private banker (PB) at SC First Bank is under police investigation for allegedly siphoning off hundreds of millions of won in customer money. Summing up the latest reports by "Hankyoreh" and "KBS," an asset manager at SC First Bank recommended in December 2017 that his longtime client B join the U

There are rumors that Chung Mong-koo, the 81-year-old chairman of Hyundai Motor Group, is ill-health. The rumors come as the prosecution has decided to suspend Chung's indictment in connection with Hyundai Motor's cover-up of a faulty in the Theta 2 engine. Chung has also not been seen in pu

Samsung Heavy Industries (SHI) on July 26 unveiled preliminary results of 1.77 trillion won in sales and 56.3 billion won in operating profit losses in the second quarter of 2019.Sales in the second quarter increased by 32 percent from a year earlier (1.3466 trillion won) and 21 percent from a quart

Prosecutors have handed over all executives of Hyundai Motor in charge of vehicle quality to a trial for violating the Automobile Management Act, saying Hyundai and Kia delayed the recall even after they recognized engine defects.On July 24, the Seoul Central District Prosecutors' Office indicte

Some of the gasoline models of the popular model "Very New Tivoli" released by Ssangyong Motor last month will be subject to free inspection and repair to fix the problem of the cars not leaving when they start again after a stop.Ssangyong Motor said on July 26 that it has completed investigating th