Mercedes-Benz Korea CEO Mathias Vaitl, whose official term as CEO started earlier this month, speaks at the awards ceremony for the “Korea TechMasters” technical skills competition held at the Mercedes-Benz Korea Training Academy in Yongin, Gyeonggi Province, Friday. The German carmaker’s two separate automotive training programs, Ausbildung and Automotive Mechatronic Traineeship, also kicked off this year’s sessions a day prior. (Mercedes-Benz Korea)

Yang Jong-hee's leadership to be tested with outcome of KB's ongoing expansion efforts in Southeast Asia

Experts gathered at the National Assembly to call for fortifying reshoring policies, or policies that will support high-tech Korean companies to bring outsourced overseas operations back to Korea, as a part of the national agenda, amid increased demand to ramp up domestic economic security. "The United States-China conflict and the consequent supply chain collapse experienced during the COVID-19 pandemic have raised awareness of the notion that reshoring for Korean high-tech industries shou

Kakao Pay, the online payment unit of Korean tech giant Kakao, experienced another service disruption for some five hours on Sunday due to a delayed firewall replacement. Last Monday, Kakao Pay initially announced that it would be replacing its firewall from 1 a.m. to 7 a.m. on Sunday. However, due to an unexpected delay, its key services such as processing payments, sending money and asset management became unavailable on Sunday morning. Kakao Pay’s new announcement on Sunday morning said

South Korean IT solutions provider LG CNS said Sunday it has teamed up with a Chinese artificial intelligence-powered robotic solutions firm to carry out joint projects in domestic e-commerce logistics centers. The two firms signed a memorandum of understanding to integrate Shanghai-based XYZ Robotics’ robot solutions with LG’s robotic integrated operations platform. Additionally, all robot solutions provided by the newly integrated platform will be offered via the robot as a service

South Korean telecommunications giant KT Corp. has suggested to the Ukraine government ways of improving the war-torn country's telecom infrastructure and operating with energy efficiency, upon its participation at a forum hosted by South Korea’s Ministry of Land, Infrastructure and Transport in Ukraine's capital Kyiv on Thursday. KT was among the 18 state-run and private firms specializing in housing, public water supply, airports, environmental technology, construction, vehicle

Korean science communicator says now is crucial time to establish right culture for science

CEO Chung Ki-sun attends naming ceremony of world’s first methanol-fueled container ship

The Korea International Trade Association hosted a reception event for ambassadors from Central Asia, Europe and Latin America to ask for their support in promoting Busan’s bid to host the 2030 World Expo, it said Sunday. Participants of the reception included 70 ambassadors and diplomats from 41 regions in Central Asia, Europe and Latin America, along with 30 executives from KITA. The reception came as Korea's second-largest city Busan is in competition against Saudi Arabia's Ri

Korea cutting red tape on foreign exchange market led to Deutsche Bank's decision: FSS chief

Passenger travel on air routes connecting to China in August recovered to around half of the 2016 level before Beijing restricted travel to South Korea in 2017 over a row over Seoul's hosting of a US missile defense system, data showed Sunday. The number of travelers on such routes came to 931,272 in August, which accounts for around 45 percent of the 2.06 million posted in the same month of 2016, according to the Ministry of Land, Infrastructure and Transport. In 2017, China banned group t

Korean actors and K-pop stars have gained unprecedented popularity across the world in recent years for their outstanding talent and performances on screen and stage. At the same time, Korean pop culture fans have also been inspired by such celebrities' appearances, especially their makeup styles, which put the focus on a smooth and bright complexion to appear young and healthy. Those who want to look like the stars search online for Korean beauty products and become eager to mimic their sk

SK hynix Vice Chairman Park Jung-ho said Friday his company stopped doing business with Huawei Technologies Co., following US chip sanctions against China in 2020 and has not supplied semiconductors to the Chinese smartphone maker. Last week, the chipmaker said it opened an internal investigation into how its memory chips ended up in a new smartphone made by Huawei, after Bloomberg News reported that the South Korean chipmaker's DRAM -- LPDDR5 -- and NAND Flash memory are used in the Chin

SK Group Chairman Chey Tae-won (right) inspected the construction process at chip-making affiliate SK hynix's Yongin Semiconductor Cluster in Gyeonggi Province, upon his visit to the site with the latter's CEO, Park Jung-ho (left) on Friday. Calling it the "most thoroughly and strategically planned project" in SK hynix history, Chey asked for the utmost efforts in the cluster's success. With a 120 trillion won ($90.3 billion) investment, the world's second-largest m

McDonald's Korea said Friday that the company has upgraded its self-service kiosks for visually impaired customers at 15 stores located in Seoul. The company said the new kiosks come with new keypads and headphone jacks, through which visually impaired users can connect their headphones and browse the menu. The 15 stores have been selected based on their proximity to welfare institutions, education institutes and job centers for visually impaired people. McDonald's Korea noted that t