Data reveals S. Koreans spend most time on YouTube, most money on KakaoTalk

Why a carton of milk costs more in Korea and price tags are about to rise

　South Korea’s top two TV makers - Samsung Electronics and LG Electronics - represented half of the global TV market in the first half of the year, a report showed, as they maintained their leadership in the premium segment. 　Samsung accounted for 31 percent of the global TV market in terms of sales revenue to defend its top status in the first six months of 2021, while LG followed with 19 percent, according to data from industry researcher Omdia. 　Japan’s Sony came in third w

SEOGWIPO, Jeju Island -- Amid accelerating global efforts to go carbon-neutral, global automakers are pushing pure electric vehicles into the mainstream, to fundamentally change the face of mobility. The 8th International Electric Vehicle Expo, which kicked off on Tuesday on the southern island of Jeju, seeks to expand the scope of e-mobility, shedding light on other means of transportation, including ships and urban air mobility. “The goal of a carbon-free island cannot be done

Chairman Chung Euisun promises hydrogen for everyone, everything and everywhere

LG Chem has developed a new material for foldable displays that is as hard as glass, but can bend both ways without the creasing issue, it said Tuesday. According to the South Korean firm, the “real folding window” could be used for surfaces of foldable smartphones, as well as other portable devices, including laptops and tablet PCs. Hard as glass yet thinner than existing polyimide films, the new material is a plastic film coated with the firm’s own coating technology tha

Yonsei University‘s Severance Hospital has decided to introduce non-face-to-face care program for inpatients to increase efficiency and minimize the risk of virus infection amid the prolonged COVID-19 pandemic. Severance announced Tuesday that it will introduce the telemedicine application My Severance, which will make doctors’ ward rounds digital. Patients at the hospital will be advised to download the application, which will automatically send alerts to patients at the time o

Leading maker of windows, wallpaper and floor tiles seeks a complete portfolio for home interior

CEO of AI-based recruiting platform Wanted Lab on how digitization is reshaping Korea’s job market

Korea Aerospace Industries said Tuesday it had acquired a 20 percent stake in Meissa, a South Korean satellite footage analysis firm, to make a foray into the global space services market estimated to be valued at 300 trillion won ($255.4 billion). Together with Meissa, which developed the nation’s first “reconstruction engine” that can convert a 2D footage into 3D, KAI aims to provide advanced satellite footage analysis services using artificial intelligence and big data inst

South Korean shipbuilders far outstripped their Chinese rivals in terms of new orders in August, retaining their top spot for the fourth straight month, industry data showed Tuesday. Local shipbuilders led by Hyundai Heavy Industries Co. won a combined 780,000 compensated gross tons (CGTs) in new orders last month, taking up 57 percent of 1.37 million CGTs of global orders, according to data provided by global market researcher Clarkson Research Service. Chinese shipbuilders obtained 370,000 C

　South Korea’s market for convenient coffee beverages expanded nearly 6 percent in the first half of the year amid the coronavirus pandemic, a market tracker said. 　The value of the local ready-to-drink coffee market stood at 672.9 billion won ($574 million) in the January-June period, up 5.9 percent from a year earlier, according to Nielsen Koreanclick. 　Canned coffee accounted for the largest portion at 258.6 billion won, followed by cups of coffee at 217.5 billion won and bottled

Malaysia will present halal products to the global audience at the upcoming Malaysia International Halal Showcase, or MIHAS, set to kick off Thursday. “We truly believe that small and medium sized Malaysian brands have the potential to become Halal champions. Through MIHAS we hope to facilitate the sourcing and selling of quality halal consumables, products and services globally,” said Dr. Halim Mohammad, the chairman of Malaysia External Trade Development Corp. during an online me

BMW sells used BMW cars. Tesla is set to offer secondhand Tesla cars directly to local consumers soon. But Hyundai and Kia, the two local brands that together carry out nearly 80 percent of new car sales here, aren’t in the used car industry yet. Legally, nothing stops them from selling used cars. In 2019 the country lifted a 2013 ban intended to protect microenterprises. But due to the continued protests of small used car players, the discussion has not made any progress. Late la

Naver, Kakao rapidly expanding by utilizing dominant platform control, sparking calls for measures to prevent power abuse