South Korean tire manufacturer Hankook Tire unveiled an airless tire i-Flex at CES 2022, which has been used for Hyundai Motor Group’s latest robotics module Plug & Drive. According to the company, a 10-inch tire is applied with biomimetic design and requires no air inside unlike a traditional tire.  Inspired by a cell structure of living body, the tire maker said i-Flex adopted multi-layer interlocking spoke design to bolster the load bearing structure and shock absorption.&nbs

New Samsung CEO says pandemic changed expectations toward healthier technology

Jung Ji-won, a graphic designer at a fashion company, always thought it was a waste to discard countless pieces of leftover fabric every day.  Inspired by the piles of discarded cloth samples and fabric pieces, Jung came up with an idea to create a brand that makes hats from recycled fabric, such as Mipan regen that is made from reclaimed waste. “I believe that the MZ generation spend money based on their values. That’s why I thought the brand I created, Crayon Studio, could a

CJ Bioscience aims to secure 10 pipelines and 2 license-outs by 2025

South Korea's exports of farm and fishery products surged more than 15 percent on-year to touch a new record high in 2021, government data showed Wednesday. Outbound shipments of agricultural, livestock and fisheries goods came to $11.36 billion last year, up 15.1 percent from a year earlier, according to the agriculture and fisheries ministries. It marks the first time in history that South Korea's exports of those products have exceeded the $10 billion level. Exports of agricultural and liv

Hyundai Heavy Industries Group, the world's biggest shipbuilder by sales, said Wednesday it has signed a pact with a US data analytics firm for the big data platform business. At the Consumer Electronics Show held in Las Vegas, the South Korean shipbuilder signed a memorandum of understanding (MOU) with Palantir Technologies Inc. to establish a big data platform and a joint venture, the company said in a statement. "The partnership will substantially improve the competitiveness of the gro

Las Vegas -- Samsung Display unveiled an asymmetrical foldable display for flip smartphones at a private media showcase held at Encore in Las Vegas. During the tour, Samsung officials showcased a prototype flip smartphone where the upper half is shorter than the lower half. When folded, the bottom part of the display is exposed, where basic information such as time and weather showed up. “By exposing the bottom screen, flip smartphones no longer need a secondary screen on the exterior

LAS VEGAS -- Samsung Electronics on Tuesday unveiled a portable beam projector, “the Freestyle,” to overcome the physical constraints of TVs and bring screen experience everywhere. According to the South Korean tech giant, the Freestyle weighs just 830 grams and offers a minimal design that fits in one hand, a perfect option for travelers and campers. “The Freestyle can rotate freely in 180 degrees and support screen size up to 100 inches. It can project a screen anywhere f

Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States spiked 19 percent in 2021 from a year earlier despite the prolonged pandemic and chip shortages. The corporate duo sold a total of 1.44 million vehicles in the world's most important automobile market last year from 1.21 million units a year ago, according to the companies' sales data. Hyundai's US sales climbed 19 percent to 738,081 units from 622,269 over the cited period and Kia's also jum

Samsung Display Co., the display panel-making arm of Samsung Group, said Tuesday it will roll out QD OLED TV displays in two sizes as well as a monitor display in the first half of the year, ending industry speculations regarding the timing of the commercial debut of the company's next-generation display. The announcement was made during the media preview of the Consumer Electronics Show (CES) held at Encore At Wynn in Las Vegas where the display maker is showcasing its innovative new products

　Output and exports of South Korea’s bio industry expanded at the fastest clip ever in 2020 amid the coronavirus pandemic, data showed. 　Output of the local bio industry was estimated at 17.5 trillion won ($14.7 billion) in 2020, up 38.2 percent from the previous year, according to the data from the Korea Biotechnology Industry Organization and the Trade Ministry. 　It was the highest on-year growth rate to date. The bio industry’s production had been growing at a double-digit rate

From Samsung, Hyundai to startups, record number of Korean exhibitors to show off new technologies at world’s largest tech

A consortium led by South Korean electric carmaker Edison Motors Co. said Tuesday it aims to sign a final deal to acquire the embattled SsangYong Motor Co. by Monday. In April, SsangYong was placed under court receivership for the second time after undergoing the same process a decade earlier. Its Indian parent Mahindra & Mahindra Ltd. failed to attract an investor due to the prolonged COVID-19 pandemic and its worsening financial status. The Edison-led consortium is on track to take over

Growing number of OLED TV makers, including Samsung, shows OLED’s supremacy, says LG exec

CJ CheilJedang, a food manufacturer under Korea’s CJ Group, said Tuesday it will reorganize its business units and refine global market strategies in a bid to efficiently promote its Korean food products worldwide. According to the food giant, it plans to divide its headquarters business into global and regional food unit. Namely the Global Headquarter will take charge in promoting its food products such as dumpling, chicken, kimchi, Korean hot sauce and dried laver overseas. The region