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Reporter : Baek Byung-yeul
Fri, January 27, 2023 | 10:51
Hannover Messe fair to focus on digitization, sustainability
The Hannover Messe 2023, an annual manufacturing industry-focused trade fair, will focus on technologies for digitization and sustainability and highlight efforts to tackle climate change and global supply chain disruptions, an official from the German event organizer said Tuesday. “The Hannover Messe is a worldwide leading fair,” Basilios Triantafillos, global director of De...
Korean, UAE firms sign $6.1 bil. worth of deals in energy, defense and mobility businesses
Korea and the United Arab Emirates (UAE) signed a total of 24 agreements worth $6.1 billion in traditional industries, such as energy and defense, as well as emerging businesses, including hydrogen, mobility, bio and digital transformation, according to the Ministry of Trade, Industry and Energy, Monday. The ministry said about 320 officials from business lobby groups, Samsun...
Korea cannot build own global supply chains like US, China, EU: trade minister
Korea should diversify its export destinations for more sustainable economic growth, Trade Minister Ahn Duk-geun said Monday, adding that the country is heavily dependent on exports at a time when large economic regions such as the United States, China and Europe are using on-shoring strategies to add value their own economies.
LG Chem CEO to lead chemical consultative body at Davos
Shin Hak-cheol, vice chairman and CEO of LG Chem, has been elected chair of an industrial consultative body at the World Economic Forum (WEF) in Davos, Switzerland, the chemical arm of LG Group said Sunday. The company said Shin now heads the WEF's Chemical & Advanced Materials Industry Governors for the next two years until 2024. The body is comprised of CEOs from around 30 ...
Hyundai Motor's IONIQ 5 crash test shows high passenger safety performance
Hyundai Motor has demonstrated the safety of the IONIQ 5 as the electric vehicle (EV) crashed into a 100-ton installation at 64 kilometers per hour and the passenger seat remained intact in a self-propelled crash test, the carmaker said Sunday. The company conducted the crash safety test for the media at its Namyang R&D Center in Hwaseong, Gyeonggi Province, Thursday.
LG's Tennessee factory adds dryer line to get closer to US consumers
CLARKSVILLE, Tenn. - After exiting the highway northwest of Nashville, the capital of Tennessee, there is a road called LG Way named to commemorate LG Electronics' first U.S. washing machine manufacturing plant. LG opened its Tennessee factory at the end of 2018 as part of the home appliance giant's preemptive move to reduce logistics fee, tariffs and delivery times. Since th...
LG focuses on offering upgradable home appliances: appliance chief
CLARKSVILLE, Tenn. - LG Electronics will focus on expanding its ThinQ Up upgrade system for home appliances to global markets in order to offer customers a better user experience, its home appliance head said, Jan. 9. “In early 2022, LG released home appliance with the Up feature, which enables users to upgrade their gadgets. In the global market, we call the service ThinQ Up...
[Reporter's Notebook] Korea shows tech leadership at CES
“Am I back in Korea?” It may be a bit of an exaggeration to say this, but it was what this reporter felt at the Las Vegas Convention Center where the Consumer Electronics Show (CES) was held last week. At the 56th CES event, about 3,200 companies from 174 countries joined the show to boast their technologies.
Camera on Danuri reveals permanently shadowed region of moon
The Korean-built Danuri lunar orbiter took pictures of a region of the moon that never sees sunlight, according to the Korea Aerospace Research Institute (KARI), Thursday. Arizona State University, which had manufactured the ShadowCam device installed in the Danuri, shared the photos on its website earlier this week.
Lotte's IT affiliate unveils profitable metaverse model at CES
LAS VEGAS - Lotte Data Communication has gained much attention at the Consumer Electronics Show (CES) with its metaverse service, which allows customers to purchase goods easily and conveniently in a virtual space. Its CEO said Saturday that the company aims to blur the boundaries between the virtual and real worlds and launch a metaverse service that can actually generate pr...
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