Korea, U.S. cozy up chips, robots and advanced industries

Korea and the United States agreed Thursday to boost cooperation on technology for chips, robots and other advanced industries through joint research projects, Seoul's industry ministry said.

2023-09-21

Hanwha Ocean signs carrier agreement with trio of overseas institutions

Major Korean shipbuilder Hanwha Ocean said Thursday it has signed an agreement with three foreign institutions on the development of a large liquefied carbon dioxide carrier.

2023-09-21

Doing the robot

A group of AI robots show off their dancing skills at the 2023 Korea International EDU PLUS WEEK event which kicked off its three-day run at the Coex, southern Seoul, on Thursday.

2023-08-10

Doosan Heavy to lead development of hydrogen-fueled gas turbine

Korean power plant builder Doosan Heavy Industries & Construction said Thursday that it has joined forces with local firms to develop a hydrogen-fueled gas turbine for electricity generation.

2021-06-03

Samsung Electronics ranked world's second largest semiconductor maker

Samsung Electronics was the world's second largest semiconductor vendor in the first quarter of the year, a report showed Wednesday, after posting double-digit year-on-year sales growth.

2021-05-26

Kia's EV6 sees strong preorders in Europe

Kia, Korea's No. 2 automaker, said Wednesday its first all-electric model, the EV6, logged decent presale orders in Europe.

2021-05-05

Female chatbot company fined $92,900

Korea's data protection watchdog on Wednesday imposed a hefty penalty on a startup for leaking a massive amount of personal information in the process of developing and commercializing a controversial female chatbot.

2021-04-28

Korean household loan growth slows in March

Korean banks’ household loans grew at a slower clip in March, while the growth of mortgage loans remained at a high level, central bank data showed Wednesday.

2021-04-14

Posco building plant to extract lithium hydroxide

Posco, the world's fifth-largest steelmaker by output, said Wednesday it will build a plant in Korea to extract lithium hydroxide, a key material for electric vehicle (EV) batteries.