LG Innotek Co., an electronics part maker under LG Group, on Monday showcased an ultra-slim vehicle lighting module, Nexlide-L, paving the way for carmakers to develop automobiles with unique designs. (Yonhap)Nexlide is the brand name for LG Innotek‘s automotive LED lighting.LG said the latest product, Nexlide-L, is only 3 mm thick, which is significantly slimmer than the 8 mm thickness of existing models. This represents the thinnest LED lighting module in the market at present.The company said

GM Korea, the local unit of the US automotive company General Motors, on Monday launched the new Malibu midsize sedan in hopes of boosting sales. the new Malibu (GM Korea)GM Korea said the new Malibu adopts Chevrolet’s latest family styling, including a cutting-edge powertrain lineup with improved efficiency and performance alongside upgraded safety with 10 air bags and Chevrolet’s new infotainment system.“Beloved by domestic customers with attractive design and outstanding driving performance,

Government has no plans for joint survey with Korean Nuclear Society

Minister, CEOs of top 3 telecom giants discuss launch of joint response system

South Korean builder GS Engineering and Construction said the construction of Noryang Bridge has proven the company’s world-class construction technology.Noryang Bridge, which connects Namhae County and Hadong County in South Gyeongsang Province, opened to public on Sept. 13 after nine years of construction. Noryang Bridge (GS E&C)It is the world’s first suspension bridge with an inclined main tower built by a domestic company. The 890-meter-long Noryang Bridge is the third-longest bridge in the

The sixth OECD World Forum will be held in Songdo, Incheon, for three days from Nov. 27. More than 1,500 stakeholders from around the world will gather to discuss issues related to the quality of life at the forum held every three years since 2004.The forum has gone through several major turning points so far. The second forum created a strong sense of consensus that the issue of quality of life should be raised beyond quantitative economic growth, after the global financial crisis in 2007. This

Incheon International Airport signed a memorandum of understanding with San Miguel Holdings to push ahead with a project to develop a new airport in Manila in the Philippines, the firm said Monday.  Chung Il-young (right), president of Incheon International Airport, and Ramon See Ang, CEO of the San Miguel Holdings Corporation pose for cooperative partnership‘s signing ceremony of new Manila Airport project at the Imperial Hotel in Tokyo, Japan. (IIAC)The new project of Manila aims to set up an

Facebook said Monday that Jung Ki-hyun, the former chief business officer of Naver-owned mobile messenger Line, has been appointed as the new chief of the US social networking giant’s operations in South Korea.　An expert businessman with over 15 years of experience in the local information and communications technology sector, Jung will assist Korean corporate clients in using the Facebook platform to grow in both Korean and overseas markets, the company said.  Facebook Korea`s new Country Manag

SK Biopharmaceuticals, the new drug development unit of South Korea’s telecom-to-energy conglomerate SK Group, said Monday that it had submitted a new epilepsy drug candidate to the US Food and Drug Administration seeking marketing approval.SK Biopharm said it had submitted a new drug application for Cenobamate, which is intended to treat epilepsy, a neurological disorder characterized by recurrent seizures. If approved on schedule, the drug is expected to hit the market within the first half of

South Korean tobacco manufacturer KT&G on Monday unveiled its new heat-not-burn tobacco device Lil Hybrid, the first HNB device that works by heating a liquid cartridge.  “Our previous HNB tobacco devices -- Lil Mini and Lil Plus -- had received consumer feedback that the taste needs to be improved. That’s why we came up with our exclusive and new platform called Lil Hybrid,” said Lim Wang-seob, chief of the company’s product innovation division.  According to KT&G, Lil Hybrid works by hea

Starbucks Korea said Monday that its stores are now using paper straws after a test run.In September, Starbucks began a two-month trial period to test the feasibility of using paper straws at some 100 stores in Seoul, Busan and Jeju in an effort to reduce waste and protect the environment. (Yonhap)During the test run, the paper straws were available in both green and white. Starbucks has decided to use white straws in consideration of customer feedback suggesting that white straws appeared more

The ICT ministry said Monday that it plans to inspect all telecommunication facilities in light of a fire at a KT Corp. building in western Seoul that led to major Internet and phone disruptions around the area.According to the plan announced by the Ministry of Science and ICT, in addition to 80 major telecommunication facilities across the country with ratings from A to C, 835 others with D-level ratings are to be checked as well. (Yonhap)Facilities with a D classification are mostly small and

Small merchants are expected to save upward of 520 billion won ($459.6 million) annually as the government announced a plan to cut credit card processing fees, officials said Monday. The move is part of the government's efforts to support self-employed business owners at a time when the nation's economy shows signs of sluggish growth in the face of weakening private consumption. Credit card processing fees for small merchants with an annual revenue of between 500 million won and 1 billion won wi

LG Electronics Inc. said Monday it participated in a medical exhibition in the United States and showcased various display solutions designed for surgeons, seeking to expand its presence in the market.The South Korean tech giant displayed the Ultra HD and Full HD surgical monitors -- the 27HJ710S and the 27HK510S -- at the Radiological Society of North America, which runs through Friday in Chicago. (Yonhap)LG Electronics said the two monitors are capable of delivering vivid color, providing surg

South Korea's food and drug watchdog said Monday it has filed a response to Philip Morris Korea Inc.'s lawsuit over the disclosure of information on its research on harmful substances found in alternative tobacco products.The Ministry of Food and Drug Safety said it has selected a local law firm to prepare for a legal battle with Philip Morris after filing a statement to the Seoul Administrative Court on Saturday. IQOS (Yonhap)The ministry and the local unit of global tobacco giant Philip Morris