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Sat, August 20, 2022 | 01:48

Merck acquires chemical business of Korean firm Mecaro

German multinational science and technology company, Merck, acquired the chemical business of Korean chip material maker, Mecaro, as part of its bid to strengthen the line-up of materials used for semiconductor production, its Korean unit said Wednesday. “The acquisition is part of the Level Up growth program of Merck's electronics business sector, which includes investments ...

Baek Byung-yeul | 2022-08-18 16:23

Yoon confident about Korea hosting World Expo 2030

President Yoon Suk-yeol showed his confidence about Korea hosting World Expo 2030 Wednesday, saying that the country can excel in its capability and infrastructure. “I'm confident that we have much greater competitiveness in capability and infrastructure than Saudi Arabia,” the president said during a press conference held to mark his first 100 days in office. “During bilater...

Park Jae-hyuk | 2022-08-17 16:35

Korean team completes development of testing equipment for NASA's SPHEREx telescope

A team of Korean scientists has completed the development of key testing equipment for SPHEREx, the world's first all-sky spectral space telescope being constructed under the leadership of the U.S. National Aeronautics and Space Administration (NASA), Korea's science ministry said Wednesday.

2022-08-17 09:51

Samsung launches massive monitor for gamers

Samsung Electronics is seeking to capitalize on the steadily-growing gaming monitor market as the company launched a new 55-inch curved monitor, Tuesday. The Odyssey Ark monitor is fully capable of offering gamers an immersive gameplay experience, Samsung said, explaining that the product is designed not only to provide a large screen but also to enable users to use it vertic...

Baek Byung-yeul | 2022-08-16 16:34

Naver raided over allegedly abusing market dominant position in dealing with real estate market info provider

Prosecutors raided the office of Naver, Korea's largest internet portal giant, Friday over its alleged abuse of its market dominant position in dealing with a real estate market information partner in the past.

2022-08-12 18:08

LG Innotek recognized as qualified supplier by Jaguar Land Rover

LG Innotek has been recognized as a qualified supplier by Jaguar Land Rover for the second consecutive year, the LG Group affiliate said Thursday. The company said it maintained the Jaguar Land Rover Quality Certification from the premium vehicle maker.

Baek Byung-yeul | 2022-08-11 15:06

Samsung aims to attract more users with new foldable phones

Samsung Electronics has unveiled its much-anticipated new Galaxy Z Fold 4 and Galaxy Z Flip 4 foldable smartphones, designed to maximize usability compared to previous Z series phones, the company said, Wednesday. The tech giant hosted the Samsung Galaxy Unpacked event both online and offline in New York and introduced the new foldable smartphones made with its latest technol...

Baek Byung-yeul | 2022-08-10 22:05

Samsung, SK hynix face downside pressure amid falling chip demand

Samsung Electronics and SK hynix, the nation's two semiconductor giants, are facing growing downside risks as chip demand will decrease due to shrinking consumer sentiment dampened by high inflation and recession fears, according to industry officials and analysts Wednesday. They anticipate that the memory chip market in the second half of 2022 could be below market expectati...

Baek Byung-yeul | 2022-08-10 17:20

Gov't to unveil lunar lander, rover development plans this year

The government plans to unveil a "space economy roadmap" within this year, including the development of a lunar lander and a lunar rover, the presidential science secretary said Sunday.

2022-08-07 17:23

KAI, Hanwha, SK, Hyundai Rotem contribute to Danuri project

Danuri, Korea's first domestically-developed lunar orbiter launched into space last Friday, was not only the result of efforts by the government, but also 40 private enterprises that took part in the 236.7 billion won ($182 million) project. According to the Ministry of Science and ICT, Sunday, six conglomerates and 34 small- and medium-sized enterprises participated in the s...

Park Jae-hyuk | 2022-08-07 15:17

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