verification committee

Batteries LG Chem develops material blocking battery thermal runaway

LG Chem Ltd. has developed a material that can prevent thermal runaway in a lithium-ion battery, one of the major hurdles to the expansion of the el...

Shipping & Shipbuilding Hanwha Ocean, US Senator discuss US Navy MRO

South Korea's Hanwha Ocean Co. said on Tuesday that it discussed various aspects of the US Navy ship projects with key figures from the US Senate Co...

Energy KHNP builds i-SMR operation simulator

Korea Hydro & Nuclear Power (KHNP) announced on Friday that it established a simulator at its central research center to verify the operational ...

Electronics LG Display introduces proprietary GenAI in office

LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, announced on Monday that it developed and intr...

Tech, Media & Telecom Facephi to supply ID verification solutions to Samsung Securities

South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...

Carbon neutrality POSCO Future M completes carbon footprint verification

POSCO Future M Co., South Korea’s anode materials producer, has completed the international standard verification for the carbon footprint of ...

Pension funds NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

Corporate strategy SK Group reintroduces Saturday CEO meeting after 20 years

South Korea’s energy-to-telecom conglomerate SK Group has decided to reintroduce Saturday gatherings of its subsidiaries' chief executives aft...

Tech, Media & Telecom Academics say no scientific proof for LK-99 as superconductor

South Korean academics have concluded the material, dubbed “LK-99,” lacks scientific proof to be recognized as a room-temperature and am...

Central bank BOK governor named chair of BIS financial system committee

Bank of Korea Governor Rhee Chang-yong has been appointed as the chairman of the Committee on the Global Financial System (CGFS) at the Bank for Int...

Tech, Media & Telecom S.Korean academics to verify truth of room-temperature superconductor

The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...

Shipping & Shipbuilding First S.Korean elected chairman of global shipbuilding committee

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Tuesday that their technical advisor, Shin Jong Gye, has been elected as the...

Business & Politics S.Korea-Iraq Joint Committee resumes operations after six years

A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...

Carbon neutrality HMM, GS Caltex to cooperate for eco-friendly biofuel project

South Korea's HMM Co. has partnered with GS Caltex for an eco-friendly biofuel project aimed at reducing greenhouse gas emissions, according to an...

Carbon neutrality SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...

Food & Beverage S. Korean food company Ottogi opens new research center

South Korean food company Ottogi Co. has announced on Friday the opening of the food safety science research institute at its Ottogi Research Center...

Tech, Media & Telecom Foreigners can enter S.Korean casino without physical passport

Visitors to South Korea will be able to enjoy tax-free shopping and casino experiences with ease, thanks to the mobile passport identity verificatio...

Pension funds NPS to launch committee for portfolio firms' governance improvement

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...

Artificial intelligence NHN, KT, Naver to jointly build AI semiconductor farm

Three large cloud service providers (CSPs) in South Korea will participate as a team in the project K-Cloud pursued by the government to verify dome...

Blockchain BC Card applies for patent for offline asset authentication via NFT

South Korea's BC Card on Sunday said it applied for a domestic patent for a non-fungible token (NFT) that can verify a user's asset details using bl...

Bio & Pharma Lunit receives $1 mn in tech fees from Guardant Health of US

The US operations of South Korea's artificial intelligence (AI) medical company Lunit have received a major boost after the company got the green li...

Aerospace & Defense Hanwha Systems tests AESA radar system for Korean fighter jet

Hanwha Systems Co., a South Korean defense and IT service company, said on Sunday that it had installed and tested its own radar system on a prototy...

ESG Kumho Tire establishes ESG committee under its board of directors

Kumho Tire Co. is intensifying its sustainable management efforts by establishing an environmental, social and governance (ESG) committee directly u...

Carbon neutrality SK Ecoplant passes industry-first carbon reduction target verification

South Korea's construction and engineering company SK Ecoplant Co. said on Thursday that it has passed the greenhouse gas reduction target verificat...

Carbon neutrality Samsung Heavy receives approval from US on gas recovery system

Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...

Banking & Finance Korea Shinhan Financial taps banking unit head as group CEO

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

Korean stock market S.Korea prepares to launch $7.6 bn stock market stabilization fund

South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...

Korean stock market Korea to complete process for stock market fund in mid-Oct

South Korea is set to complete the process for a stock market stabilization fund of 10 trillion won ($7 billion) by the middle of this month, to be ...

Electric vehicles Korean PM Han says EV tax credits may violate FTA rules

The US Inflation Reduction Act (IRA) appears to have violated the Free Trade Agreement (FTA) between the country and South Korea, Korean Prime Minis...

Energy S.Korea to raise nuclear power to one third of energy supply

South Korea plans to increase its proportion of nuclear power to 33% of the country’s energy generation by 2030, while slashing its proportion...