LG Electronics will release the LG Gram Fold (17X90R), Korea’s first foldable screen laptop.“The LG Gram Fold captures the technology and design innovation of the LG Gram, an ultra-lightweight and premium laptop brand of LG. The LG Gram brand celebrates its 10th anniversary this year,” LG Electronic
SK telecom is joining forces with global urban air mobility (UAM) aircraft manufacturer Joby Aviation to commercialize UAM in South Korea.On Sept. 20, at the SK T-Tower, SK telecom revealed that it has signed a cooperation agreement with Joby for the Korean Urban Air Mobility Pilot Project (K-UAM Gr
The finalized and announced “Semiconductor Law Guardrail” regarding China, which could potentially weaken the competitiveness of South Korean semiconductor factories established in China, has failed to incorporate key demands made by the South Korean government and businesses.While some of South Kor
Park Hyatt Seoul is pleased to introduce a luxury suite offer, ensuring guests experience even greater benefits during their extended stay. For stays of 3 nights or more, guests can enjoy up to a 25% discount on Park Suites. This offer also includes a 10% discount at hotel restaurants (Cornerstone,
Hyundai Mobis announced on Sept. 19 that it has developed MPS 1.0 Premium, which improves the performance of its next-generation parking control system (MPS) developed for the first time in the world in 2021.This technology’s signature feature is Memory Parking Assist (MPA). When a driver executes p
'ABSOLUT GROUND MIX WITH STICKY MONSTER LAB', a brand Pop-up store of ABSOLUT, a premium vodka representing Pernod Ricard Korea Co., Ltd. (Hereinafter referred to as 'Pernod Ricard Korea'), has accumulated 10,000 visitors in 23 days since its opening. It was announced on the Sep. 15th that 10,000 pe
On Sept. 14, SeAH Group announced its participation in H2 MEET 2023, the world’s largest hydrogen industry exhibition, which opened in Goyang, Gyeonggi Province on Sept. 13, showcasing their vision and differentiated technical capabilities in the hydrogen industry.SeAH Group artistically incorporate
Korea and the United States have released a joint declaration on strengthening research and development cooperation in artificial intelligence (AI), open clouds, and 6G, and discussing digital international norms.The Ministry of Science and ICT (MSIT) and the Personal Information Protection Commissi
The Arion-SMET, a multipurpose unmanned vehicle developed by Hanwha Aerospace, will undergo a performance test at a US Marine Corps training center.Hanwha Aerospace announced on Sept. 4 that it recently signed a contract on the Foreign Comparative Testing (FCT) Program with the U.S. Department of De
Hanwha Aerospace is expediting the development of core materials for aviation engines. The company plans to localize manned and unmanned combat aircraft engines. These engines are hard for Korean companies to import and constraints hamper transfers of technologies for these engines to Korean compani
Recent data shows that South Korea’s top revenue-generating corporations have collectively invested a total of 4.5 trillion won (US$3.38 billion) in stakes in other companies, including ventures and startups, over the past 2 years and 6 months. The sector that received the highest concentration of i
South Korean defense firms holding approximately 70 trillion won in order backlogs are actively moving forward with facility investments.According to industry sources on Sept. 12, Korea Aerospace Industries (KAI) plans to invest 1.408 trillion won (US$1.062 billion) in facility establishment and pur
Hanwha Aerospace is set to showcase its extensive range of defence technologies at DSEI 2023 to be held from 12nd-15th September at ExCel, London.Hanwha Aerospace will unveil its K9A2 Self-Propelled Howitzer (SPH) platform fitted with the Composite Rubber Track (CRT) developed by Soucy Defense, a ke
Three defense units of the Hanwha Group (Hanwha Aerospace, Hanwha Ocean, and Hanwha Systems) participated in MSPO 2023, Europe’s premier defense exhibition held in Kielce, Poland, from Sept. 5 to 8 (local time), laying the groundwork for expansion in the European market.On Sept. 5, during MSPO, Hanw
The washer-dryer is evolving from a vertically stacked washing machine and dryer to an all-in-one product that fully integrates the two appliances.On Sept. 10, according to industry sources, both LG Electronics and Samsung Electronics showcased their new washer-dryer products at IFA 2023, Europe’s l
A hydrogen engine for passenger cars that uses hydrogen as fuel has been developed for the first time in Korea amid fierce competition for hydrogen mobility technology around the world.A joint research team led by Dr. Choi Young of the Mobility Powertrain Research Center at the Korea Institute of Ma
Concerns are rising that Hanwha Group’s credit rating could be negatively affected as it plans for significant capital-raising activities, including a paid-in capital increase, following the acquisition of Hanwha Ocean. It’s noted that the financial burden on the group has increased by injecting nea
Korea Aerospace Industries (KAI) is actively carrying out marketing activities for European countries at the International Defense Industry Exhibition (MSPO) which kicked off in Kielce, Poland, on Sept. 5 (local time). The MSPO is Poland’s annual national defense exhibition supported by the Polish G
As South Korean President Yoon Suk-yeol embarks on a tour of Indonesia and India Sept. 5-10, much attention is being paid to the South Korean defense industry’s issues with Indonesia and India. Indonesia is a major defense export destination with which South Korea has close military ties, although t
Three defense affiliates of Hanwha Group are set to showcase “next-generation weapon systems” in Poland to actively address Europe’s security needs.Hanwha Aerospace, Hanwha Systems, and Hanwha Ocean will present advanced weapon systems in the unmanned and ground, maritime, air, and space sectors at