The Korea International Trade Association (KITA) announced on January 6 that Korea’s semiconductor exports declined by 7.7 percent from a month ago to US$4.79 billion last month. The export of semiconductor memory chips fell for three consecutive months due to a low demand, showing a decrease of 6.4

The Korea Atomic Energy Research Institute announced on Jan. 6 that it completed the prototype of a nuclear fuel assembly for its Prototype Gen-IV Sodium-cooled Fast Reactor (PGSFR) and would test it in Russia’s BOR-60 fast research reactor from June this year. After the test, the PGSFR will be buil

LG Display is showcasing a rollable organic light-emitting diode (OLED) display at the Consumer Electronics Show (CES) 2016 in Las Vegas on Jan. 6 (local time), unveiling future display technologies, including paper-thin large display panels.LG Display is showcasing a 30-R 18-inch rollable concept d

Hanwha Techwin, which was a strong candidate to take over Korea Aerospace Industries (KAI), seems to be pulling out of the project. Industry sources think that the company has decided to put business stabilization first before a large M&A.Hanwha Techwin announced on Jan. 5 that it will sell 4.87 mil

Samsung Electronics Co. is announcing the Samsung Portable Solid State Drive (SSD) T3, a 3rd-generation V-NAND-based external SSD that offers high performance and mass storage capacity.The company announced on Jan. 5 that it will start selling the T3 in 50 countries around the world, beginning in Ko

Reports are that Apple, which has stuck to the liquid-crystal display (LCD)-based retina displays so far, will use organic light-emitting diodes (OLEDs) in the iPhone. Samsung and LG, which have been making large-scale investments in OLED production lines, are highly likely to benefit from this deci

Advanced Micro Devices (AMD) has decided to produce its graphics processing unit (GPU), which is to be released from next year, in the GlobalFoundries’ (GF) semiconductor foundry using 14nm FinFET process, and Samsung Electronics is expected to make huge licensing profits from it. This is because Sa

The government held the 22nd Space Development Promotion Working Committee, under the chairmanship of the First Vice-minister of Science, ICT and Future Planning Lee Seok-jun, at the Government Complex Gwacheon on Dec. 30. There they deliberated and voted for the “Stage 1 Lunar Exploration Developme

Hyundai Rotem, a plant equipment manufacturing affiliate of Hyundai Motor Group, said on Dec. 23 that it has successfully developed the nation’s first high-speed panel transfer system for use in tandem press lines.The system was unveiled to the public for the first time on Dec. 22 during a presentat

The National Research Foundation of Korea announced on Dec. 23 that Kyungpook National University professor Kim Young-kyu’s research team has developed a technique for forming nanometer-scale dots on an electron collection layer, and this technique allows high-efficiency organic solar cells to be ma

Apple’s presence as a DRAM buyer has heightened, with the mobile DRAM capacity of the iPhone 6S doubled.According to market research firm Trendforce, Apple purchased approximately 25 percent of the global mobile DRAM output this year, whereas the ratio stood at 16.5 percent last year. This is becaus

The Ulsan National Institute of Science & Technology (UNIST) announced on Dec. 21 that one of its research teams headed by professors Park Jang-woong and Kim Joo-young at the Department of Advanced Materials Engineering developed a metallic glass-based technique that allows a large-area transparent

The Imagine Cup 2016: Korea Finals will be jointly hosted by CJ Corporation and participated in by Creative Economy & Innovation Centers across the nation.CJ Corp., Microsoft Korea, the Seoul Creative Economy and Innovation Center, and the Culture Creative Convergence Center signed a memorandum of u

Korean supercomputer experts launched the High Performance Computing Development Forum in July this year. Since then, the forum has held four conferences and workshops and come up with measures for the self-development of supercomputers.According to its plan, Korea is to develop one-petaflop and 30-

The Ministry of Science, ICT & Future Planning and the Korea Institute of Science & Technology Evaluation and Planning (KISTEP) announced on Dec. 20 that Korea ranked high among 30 OECD member countries in terms of innovation capabilities in the field of science and technology.The ministry and KISTE

Hanmi Pharmaceutical Co. and its partner Spectrum Pharmaceuticals of the U.S. announced on Dec. 18 that they have recently reached an agreement with the U.S. Food and Drug Administration (FDA) on the Special Protocol Assessment (SPA) for the Phase 3 clinical trial of its novel SPI-2012 (eflapegrasti

The Electronics and Telecommunications Research Institute (ETRI) of Korea said on Dec. 17 that it has succeeded in developing 5G core element technologies, including “millimeter-wave beam switching” technology, as well as “future social network services” (future SNS).ETRI's "future SNS" is a kind of

South Korean scientists have developed a new technology that improves the transparency and image quality of display panels by 40 to 60 percent, by integrating graphene into organic light-emitting diodes (OLEDs).The Electronics and Telecommunications Research Institute (ETRI) of Korea said on Dec. 16

Korean scientists have discovered new functions of the tau protein, known as the main cause of Alzheimer's disease.The Department of Bio and Brain Engineering at the Korea Advanced Institute of Science and Technology (KAIST) and a research team led by Professor Choi Myung-chul announced on Dec. 16 t

Korea Post will start a delivery service using drones from next year. Also, drones will be used to inspect energy facilities including power and gas. The Ministry of Trade, Industry and Energy (MOTIE) will invest 1.5 billion won (US$1.27 million) next year to push forward three pilot projects.The MO