LG Innotek said Wednesday that it launched the world’s thinnest and widest film-type semiconductor substrate, 2-metal chip on film, a key component for extended reality devices. Chip on film (COF) is a semiconductor packaging substrate that connects the display and main printed circuit board. It helps minimize display bezels and miniaturize modules for electronic devices such as TVs, laptops, monitors and smartphones. The 2-metal COF is an upgraded version of the single-sided COF, which is

Starbucks Korea on Wednesday opened a new “The Bukhansan” store near an entrance to Bukhansan National Park in Seoul. The two-story building, with almost 1,000 square meters of floor space, aims to give visitors a special experience to interact with nature with a cup of coffee and enjoy the mountain view in the city center. Special features include a photo zone on the rooftop terrace and a walking trail surrounding the store building.

Samsung Electronics Chairman Lee Jae-yong is unlikely to seek board membership at the company, as it was not included in the list of agenda items to be discussed in the upcoming general shareholders meeting on March 15. Samsung held a board of directors meeting on Tuesday to fix the date of this year’s general gathering and three topics to be discussed there, the company said in a press release. The three agendas are approving of the company's financial statement, appointment of Vice

A research team comprised of experts from Korea, the United States and Europe developed "full-color micro LEDs with ultra-fine vertical stacked pixel structures" which can enable the production of more vivid screens. A joint research team led by Hong Young-joon, a professor of Nanotechnology and Advanced Materials Engineering at Sejong University, has developed a new method to reduce costs and time of producing micro LEDs -- devices that are smaller than 100 micrometers in length and w

James Kim (left), chairman and CEO of the American Chamber of Commerce in Korea, meets with Foreign Minister Park Jin on Tuesday at the ministry's building in Seoul. They are said to have discussed measures to nurture Korea as the top business and investment destination for global companies. (American Chamber of Commerce in Korea)

Visitors take pictures with Samsung Electronics' latest Galaxy S23 Plus smartphone at a Galaxy Studio pop-up store in Seongsu, east of Seoul, on Tuesday. The tech giant is running three pop-up stores to allow visitors to experience its latest Galaxy S23 series in Seongsu, Hongdae and Yeonnam areas in Seoul until March 26.

SK Supex, SK Group’s top decision-making council, said Tuesday that the group selected two environment-related social enterprises, Netspa and En2core Technology, as the beneficiaries of its venture fostering program, Impact Union, and had granted 100 million won to each of the companies. Running the project aimed at fostering social enterprises since 2020, the nation’s second-largest conglomerate assessed 25 social enterprises recommended by investors and partner business accelerat

British American Tobacco’s South Korean branch announced Tuesday that the company will launch a new tobacco heating product, Glo Hyper X2, this month, in a bid to increase its share in the South Korean market. According to BAT Rothmans, the Korean arm of BAT, Glo Hyper X2 will be available on Feb. 27 at convenience stores and online e-commerce platforms. The new device is priced at 40,000 won ($31.56). “South Korea is making a significant contribution to BAT,” said BAT Rothmans

CEOs of SKT, KT also head to Barcelona to attend telecom industry's largest annual gathering

Hyundai Mobis, a car parts maker under Hyundai Motor Group, unveiled its investment strategies and shareholder return policies for 2023 on Tuesday. According to Hyundai Mobis, the company is to invest a total of 10 trillion won ($7.9 billion) over the next three years, mainly investing 5 trillion to 6 trillion won of cash to secure competitiveness in the electrification of automobiles and acquisition of key components used to make cars. In addition, it will be investing 3 trillion to 4 trillion

Posco Holdings said Tuesday it is pushing for a project in the United States to extract lithium, a key battery material, from lithium clay deposits. Posco Holdings recently signed a memorandum of understanding with Jindalee Resources to have the Australia-based mineral exploration company provide Posco with lithium clay, while Posco jointly develops lithium extraction process technology with Pohang Institute Industrial Science. Jindalee Resources currently owns a 100 percent stake in the McDermi

Hyundai Elevator said Tuesday that its open API or Application Programming Interface is getting a firm footing among companies since its public release in March. The number of companies and institutions that have adopted the software has soared to 60. The users also include big businesses such as Kakao and LG Electronics, the company added. Hyundai Elevator’s cloud-based software connects elevators with various devices for better operational efficiency. In particular, the company aims high

South Korean battery makers, who have poured considerable resources in the all-important US market, might lose ground over Ford’s new partnership deal with Chinese battery giant CATL, industry sources said Tuesday. On Monday, Ford announced it plans to invest $3.5 billion to build an electric vehicle battery plant in Michigan using technology licensed from CATL, the world’s No. 1 EV battery maker. The automaker will operate the production facility through its wholly owned subsidiar

Hanlim Architecture Group, a comprehensive real estate service company, announced Tuesday it has established the joint venture Hanlim Cambodia HS Global together with Cambodia's Saison Group. The opening ceremony of the venture was held Friday at the office located within Amass Central Tower in Cambodia's capital, Phnom Penh. Cambodia-based Saison started as an operator of a seafood restaurant chain in 2010. More recently it has carried out diverse infrastructure development projects.

LG CNS said Tuesday it has launched a new research platform, called Quinoa, to allow users to conduct surveys more easily and check and share results via mobile devices. The name comes from the superfood grain of the same name to represent “small but meaningful thoughts and opinions that come together to offer insight about the world.” Anyone who registers for membership can use the mobile application free of charge. The mobile application is available at both Android and Apple'