Korea Western Power announced on Jan. 29 that Taean Integrated Gasification Combined Cycle (IGCC) Power Plant has broken the world record in continuous operations without failure.The Taean IGCC facility set the world record at 0:37 a.m. on Jan. 28, surpassing 3,993 hours of consecutive operations th
LG Electronics announced on Jan. 27 that it is working with Qualcomm to develop a connected car platform based on 5G mobile communications.LG Electronics and Qualcomm are developing a 5G platform that connects cars and nearby base stations. The platform enables navigation, games, real-time broadcast
Hankook Tire announced on Jan. 27 a pilot engagement with Revvo Technologies, a Silicon Valley-based advanced smart tire technology and predictive data analytics company, and Junk King, North America’s top-rated eco-friendly junk removal and hauling company.This pilot program will integrate Hankook
Sensor Tower, a market research company, released data on Jan. 9 regarding the European mobile market, and a familiar name stood out among global services. It was “Azar,” a global video messenger provided by a South Korean startup Hyperconnect.The app was ranked 6th among all non-gaming apps in 2020
LG Electronics announced on Jan. 13 that it will launch Alluto, a vehicle infotainment systems joint venture, with Switzerland’s global software company Luxoft on Jan. 27.Park Il-pyung, CEO of LG Electronics, disclosed the launch schedule for Alluto at the LG Future Technology Talk held online at CE
LG Electronics is strengthening its automotive electronics business in preparation for next-generation electric vehicles (EVs).LG Electronics will establish LG Magna e-Powertrain (tentative name), a joint venture with Canada's Magna International, the world's third-largest auto parts maker.
SK Telecom (SKT) has launched the first 5G edge cloud service in Korea, in collaboration with Amazon Web Services (AWS).Using AWS Wavelength at the edge of the 5G multi-access edge computing (MEC) networks, the new service, dubbed SKT 5GX Edge, enables customers to build mobile applications that req
Korean Air announced on Dec. 15 that it has started an inter-airline through check-in (IATCI) service with Asiana Airlines, allowing passengers of either of the two airlines to transfer to a flight operated by the other without a separate check-in.The IATCI service represents the first step toward i
The author is president & head of Mobile Communications Business, Samsung Electronics. -- Ed. Ever since I was young, I’ve been captivated by engineering and technology — enthralled by new gadgets and curious about what made them work. I didn’t think I could be more obsessed with technology, but 202
Samsung Electronics and Videotron, a wireless operator in Canada, announced on Dec. 15 the launch of 5G service to Videotron’s users. Videotron’s 5G service sets Montreal, Canada’s second largest city, as the starting point of the 5G commercial rollout and will expand in time throughout Videotron ne
Korea Shipbuilding & Offshore Engineering (KOSE), a shipbuilding arm of Hyundai Heavy Industries Group, has won a US$450 million offshore gas compression platform from POSCO International.KOSE announced on Dec. 8 that it has recently received a letter of intent for the platform from POSCO Internatio
An in-vehicle infotainment (IVI) system developed by LG Electronics in cooperation with Jaguar Land Rover has been selected as the best connected technology by the European non-profit auto test organization AUTOBEST.AUTOBEST has recently selected the infotainment system for Jaguar Land Rover vehicle
The COVID-19 pandemic has posed unprecedented challenges to students and teachers around the world. Students in a large number of countries are still affected due to school closures. In Korea, the situation is a bit better. Yet teachers are in an uphill battle to prevent the quality of education fro
The world is facing the challenge of embracing a new lifestyle, one that has been thrust upon us with very little time to prepare. But this year has also given many the opportunities to appreciate technology as an invaluable tool, a bridge that connects people at a time when we cannot be together. Y
POSCO is set to develop a hyperloop train system, an eco-friendly transportation method of the future.POSCO has recently signed an agreement with Tata Steel Europe to cooperate in the overall hyperloop business field, including developing steel materials and structural solutions and participating in
Samsung SDS has been positioned in the ‘2020 Gartner Magic Quadrant for Industrial IoT Platforms.’ Samsung SDS is one of the 4 new entrants and it is the only Korean company among 18 Industrial IoT (IIoT) platform providers in the report.Magic Quadrant is an annual report published by Gartner that e
Served as former Senior VP at Valeo, Volvo, Bosch, Continental, and etc- First non-Korean C-Level executive with 30+ years of experience, expecting growth of global sales Hyundai Mobis announced on Nov. 15 that its has hired Axel J. Maschka as executive vice president and head of the Global Sales Di
Hyundai Motor Group announced on Nov. 10 that all of its vehicles to be released after 2022 will be loaded with a connected car operating system (ccOS) running on NVIDIA Drive.Nvidia Drive is a self-driving platform. Hyundai Motor Group has decided to use the Nvidia chip but will develop a ccOS on i
Hyundai Motor Group and NVIDIA announced on Nov. 10 the roll-out of the NVIDIA DRIVE ‘connected car’ platform across all new models from Hyundai, Kia and Genesis from 2022 onwards.The technical cooperation with NVIDIA, the global leader in accelerated computing, will enable Hyundai Motor Group to de
The Financial Supervisory Service (FSS) announced on Nov. 4 that it partially reviewed the financial statements of 143 companies from 2014 to last year, and they include 48 against which it took disciplinary action in or before September this year for accounting standards violations.The ratio, 33.6