Growing public anxiety over the recent release of contaminated water from Fukushima Nuclear Power Plant in Japan has prompted the Korean government to hold daily briefings on the issue to actively deal with fake news and fear mongering.The Korean government will crack down on those who make and dist
The Korean Ministry of Employment and Labor has decided to increase the number of foreign workers in Korea to 110,000 in 2023, up from 50,000 to 60,000 a year for the past five years. This is the largest number since the introduction of the Employment Permit System for foreign workers in Korea.The E
On the 50th anniversary of World Environment Day, Huawei and IUCN highlighted smart solutions for supporting effective and fair management and governance of protected and conserved areas, and the growing importance of technology in tracking threatened species and protecting their natural habitats.Hu
SKC announced on June 12 that it has signed a comprehensive business agreement on “eco-friendly, high-tech materials” with Hai Phong City at its headquarters in the Jongno district of Seoul.Based on this agreement, SKC plans to incrementally review investments in eco-friendly materials and future ad
LG is set to establish a new department to address global supply chain issues and other global policies.According to industry sources on June 12, LG is planning to establish a “Global Strategy Center” under the LG Business Development Institute as part of organizational restructuring next month.This
The South Korean government has jumped into the semiconductor power struggle between the United States and China. President Yoon Suk-yeol presided over a National Semiconductor Strategy Meeting held on the morning of June 8. During the meeting, President Yoon said, “The competition in semiconductors
SKC and POSCO Holdings announced on May 30 that they have signed a business agreement for comprehensive cooperation in the next-generation secondary battery materials business at SKC’s headquarters in the Jongno district of Seoul.Based on this agreement, the two companies will collaborate on the dev
The Korea Institute of Machinery and Materials (President Sang-jin Park, hereinafter referred to as KIMM), an institute under the jurisdiction of the Ministry of Science and ICT, signed an MOU in the fields of advanced manufacturing and robotics with research institutes in Spain and Greece, two of E
The Incheon International Airport Corporation (IIAC) announces that the Incheon Airport Community has achieved a significant milestone by becoming the world's first airport community to receive Center of Excellence for Independent Validators (CEIV) Lithium Batteries Certification from the Intern
The Indo-Psacific Economic Framework (IPEF), a U.S.-led economic cooperative formed to counter China, has released its first significant result: a supply chain agreement involving 14 participating countries. The main aspect of this agreement is a joint response by the participating nations to supply
Coway Co., Ltd., the “Best Life Solution Company,” announced today that Coway’s Seoul-based R&D Center, the Environmental Technology Research Institute, has received Witnessed Manufacturer’s Testing for Certification (WMTC) certificate from CSA. Coway has officially become a CSA-qualified witness la
Ørsted, a global offshore wind leader, signed a submarine cable supply contract with LS Cable & System for its 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. Ørsted previously signed a contract with LS C&S in 2019 to supply submarine cables for the 900 MW Greater Changhua 1 and 2a o
On May 25, Mirae Asset Global Investments announced that they hosted the ETF Rally 2023 in Seoul and Hongcheon, Gangwon Province, from May 22 to 24.The ETF Rally served as a forum for Mirae Asset Global Investments ETF employees from around the world to gather, share insights into the global ETF bus
Senior members of the Ukrainian and Polish governments asked Korean Minister of Land, Infrastructure, and Transport Won Hee-ryong to make investment in the Three Seas Initiative (3SI) during Won’s visit to Poland to discuss Korea’s participation in Ukraine’s reconstruction project.The 3SI envision t
On the 24th, the Ministry of Land, Infrastructure and Transport announced the results of the 2022 Air Traffic Service Evaluation, which assessed user satisfaction and comprehensive service quality for 10 national airlines, 16 foreign airlines, and six major international airports.As a result of the
LG Display announced that its research papers on “Ultra-large OLED” and “Stretchable Display” development technologies were selected as “Distinguished Papers of the Year” at the Society for Information Display (SID), an international academic conference for display information.SID is the world's
An analysis says that it is necessary to prepare a comprehensive response system for possible spillover risks between crypto assets and the traditional financial system. This is because the global crypto asset market recently revealed vulnerabilities similar to those of traditional financial markets
The Korean government and industry have begun to promote the Carbon Free Energy (CFE) system. CFE is a campaign to use 100% energy sources that do not emit greenhouse gases. It is regarded as a way to respond to the RE100 campaign, which requires 100 percent of electricity to be supplied through the
Huawei, which has been hit hard by the U.S. ban on semiconductor equipment exports to China, made a winning move by entering the digital transformation (DX) business in the industrial field.The Chinese IT giant held the Huawei Asia-Pacific Partner Conference 2023 in Shenzhen, China, on May 17 (local
As the global competition for semiconductor supremacy intensifies, Samsung Electronics has once again experienced an incident of core technology leakage.According to industry sources on May 17th, the Samsung Electronics' Device Solutions (DS) Division recently dismissed Engineer A on the grounds