Following the family tradition, LX seeks smooth separation from LG

LG Energy Solution, the battery-making unit of LG Group, said Tuesday it has joined forces with German industrial giant Siemens to upgrade its battery plants into more advanced smart factories. Under a deal signed earlier in the day, the battery firm agreed to adopt Siemens’ software and other technologies to build an “intelligent manufacturing system.” Intelligent manufacturing, or smart manufacturing, is designed to optimize energy efficiency and quality control at product

Moon Jae-in met with Australia's opposition leader on Tuesday and asked for his support for the Korean community in the country. Moon and Anthony Albanese of the Australian Labor Party met in Sydney during the president's ongoing four-day state visit to the country. Moon noted that he and Australian Prime Minister Scott Morrison agreed the previous day to elevate the bilateral relationship to a comprehensive strategic partnership and expressed hope for strengthened cooperation in future high-t

“Squid Game” director Hwang Dong-hyuk, celebrated Korean soprano Sumi Jo, global video streaming platform Netflix and Tokyo Olympics gold medal archer Kim Je-deok are the winners of the 18th Korea Image Award. Director Hwang, who was behind the global Netflix sensation “Squid Game,” was awarded the Korea Image Stepping Stone Award for helping build a “stepping stone” for Korean contents to be recognized on the global stage, said Corea Image Communication Ins

INCHEON -- A 52-year-old double murder suspect made a feeble apology on Tuesday as he appeared in public for the first time after his arrest for allegedly killing a woman for money and murdering an accomplice. Kwon Jae-chan stood in front of reporters as he was transferred from Incheon Michuhol Police Station in Incheon, west of Seoul, to a local prosecutors office for further investigation of his double murder, robbery and corpse abandonment charges. "I'm sorry," Kwon said feebly wh

JEONJU -- An appeals court has raised the prison sentence to 12 years for a former civil servant convicted of raping a coworker and using a video of the crime to blackmail her into having sex with him against her will for 20 months, officials said Tuesday. The 27-year-old had been sentenced to nine years in prison, but the Gwangju High Court upped the sentence by three years, saying he "maliciously made the victim suffer to fulfill his sadistic and perverted sexual desires." Accordin

Kasa Korea Co., operator of a digital property investment platform, said Tuesday that it has attracted 19 billion won ($16 million) from six investors to enhance security for trading and other necessary infrastructure. The investment, from investors including PGS Partners, WeMade, Arche Investment and Yuanta Investment, raised the total funds Kasa Korea has received to about 40 billion won, according to Kasa Korea. The fintech startup said it will use 19 billion won to enhance the security sys

South Korea has extended its special advisory against overseas travel for another month due to the global spread of the new omicron variant of COVID-19, the foreign ministry said Tuesday. In the advisory, the ministry recommended citizens to cancel or postpone non-essential trips abroad until Jan. 13, while asking those overseas to take measures to prevent exposure to the virus, such as refraining from going to large-scale events. The travel advisory was first issued in March and has been exte

Prime Minister Kim Boo-kyum apologized Tuesday for inconveniences caused by an outage of the government's digital COVID-19 vaccine pass system after authorities began enforcing the system in restaurants and other multiuse facilities across the country. In a Cabinet meeting held at the government office complex in Seoul, Kim said he "sincerely apologized for causing inconvenience to the public" with the vaccine pass system outage on Monday. "Yesterday was the launch day in enforc

South Korea's exports of information and communication technology (ICT) products touched a new monthly high in November on brisk global demand for chips and displays, data showed Tuesday. Outbound shipments of ICT products reached $21.49 billion last month, up 30 percent from a year earlier, according to the data from the from the Ministry of Science and ICT. The November tally represents the largest-ever monthly amount and the 18th consecutive month of on-year gains since June last year. ICT