Hanwha Group Vice Chairman Kim Dong-kwan (right) met with Prince Abdullah bin Bandar bin Abdulazia Al Saud, the defense minister of Saudi Arabia, in a hotel in Seoul on Monday to reaffirm their commitment to a defense partnership. During the meeting, Hanwha vowed to provide advanced defense systems, as part of the Saudi Arabian government’s Vision 2030 initiative that seeks to localize more than 50 percent of its military procurement by 2030. This is the second meeting for the Hanwha heir

South Korea's leading cosmetics original design manufacturer, Kolmar Korea, announced Wednesday it will start a packaged product service to accelerate product launches by up to six months, aiming to strengthen its position in the global market. The packaged product service, or PPS, allows clients to obtain products simply by choosing from pre-developed formulations and containers. Typically, launching a new cosmetic product takes nine to 12 months. Kolmar anticipates the PPS system will sho

South Korean stem cell research company Miracell showcased its stem cell extraction system, Smart M-Cell, during the IV Congreso Semdor Valencia conference in Spain last month. Hosted by the Spanish Pain Society, the annual conference brought together pain management experts from around the world to explore effective solutions for preventing and treating pain. This year’s event, held Oct. 24-26, invited doctors from Spain, the UK, the US, the Netherlands, Greece and Italy. During the confe

Experts warn of risks in taking study aids without severe need

South Korea's leading mobile carrier SK Telecom said Wednesday it will open an artificial intelligence data center based on US tech giant Nvidia’s graphics processing units next month in Seoul, along with an AI data center testbed in Pangyo, Gyeonggi Province, in the same month. The announcement came as the company unveiled its AI revenue model identifying three key areas for rapid monetization upon its earnings release for the July-September period: data centers, business-to-business

South Korean builder Daewoo Engineering & Construction said Wednesday a delegation of its executives recently visited the US to meet with private equity firms and developers as part of its efforts to expand its real estate development operations in the country. The delegation, which included Vice Chairman Chung Jin-haeng, Jung Jung-gil, director of the North America Development Department, and other company officials, visited Chicago and New York last week to explore potential partnerships w

The South Korean police said Wednesday it is investigating a man in his 50s on suspicion of murdering his girlfriend over an argument that broke out because he thought she was looking down on him. The suspect is accused of killing the victim, also in her 50s, at a motel in Paju, Gyeonggi Province, on Tuesday, according to the Paju Police Station. He then called the victim's family at around 8:20 p.m. and confessed the murder to them, who immediately called the police. The police found the

A man who lost consciousness while eating at a restaurant was rescued by a fellow diner and police who promptly arrived on the scene, Incheon Metropolitan Police Agency revealed in a recent video. The clip posted on its official YouTube channel showed an incident that occurred at a restaurant in September. The man suddenly lost consciousness while having a meal with his friend, after which the friend immediately called the 119 emergency service for help. A person who was sitting on the table n

A South Korean internet celebrity is being pelted with criticism over causing a drunk driving accident and then joking that she may as well have "killed" the victim. The YouTube streamer in her 20s is being investigated for drunk driving, according to the officials at the Incheon Bupyeong Police Station. She is accused of ramming her car into another at around 12:40 a.m. last Friday in Bupyeong-gu, Incheon, while driving under the influence of alcohol. Her blood alcohol level tested at