Samsung Electro-Mechanics said Tuesday the company has developed a multi-layer ceramic capacitor with the largest storage capacity for 5G smartphones. Known as MLCC, the component enables stable supply and control of electric charge within electronic devices. It is as thin as human hair. At least 1,000 capacitors are needed for today’s smartphones per unit. The Samsung unit said the latest MLCC is 1.0 millimeter by 0.5 millimeter and is capable of storing 27 microfarads of electric c

South Korea will offer additional frequency bands for further 5G deployment and non-telecom companies are eligible to join the bid, the Ministry of Science and ICT announced Tuesday. 　 The wireless spectrums to be provided are a 600 megahertz block of a 28 Gigahertz frequency band and another 100MHz block of 4.7GHz. According to the ministry plan, the government will divide the 28GHz band into 12 blocks, and the 4.7GHz band into 10 blocks for the frequency rollout and companies or institution

The world’s leading lithium-ion battery manufacturer LG Energy Solution on Tuesday signed a non-binding agreement with Australian mineral firm Infinity Lithium to source lithium hydroxide, a key material for high-nickel electric vehicle batteries. Under the agreement, LGES gains priority access to 10,000 metric tons of lithium hydroxide each year from Infinity’s San Jose lithium project in Spain for an initial five years. LGES also has the option to offtake additional volumes for

South Korea’s national flag carrier Korean Air has been named the airline of the year by aviation publication Air Transport World, the company said Tuesday. The Seoul-based airline was chosen by an independent board of ATW and Aviation Week Networks editors and analysts for its leadership and ability to stay profitable throughout last year despite the industry’s unprecedented crisis during the pandemic, it said. A “remarkable” relationship with employees that allowed

The United States will not accept the Comprehensive and Progressive Agreement for Trans-Pacific Partnership as it is and will try to renegotiate the terms of the trade pact if it decides to rejoin, an international trade expert told a forum in Seoul on Thursday. Simon Lester, associate director of the Center for Trade Policy Studies at the Washington-based CATO Institute, said traditional supporters of the Democratic Party in the US are “generally opposed to trade liberalization,”

Samsung Heavy Industries Co. has signed a deal to lease its drill ship to Italian oilfield services company Saipem for two years, the shipbuilder said Tuesday. The deal to be effective from November 2021 to August 2023 has an option for Saipem to purchase the leased drill ship, it added. But the company did not reveal the value of the deal. The drill ship is one of two drill ships that Swiss-based offshore driller Transocean Ltd. relinquished without specifying the reason in September 2019.

LG Electronics Inc. said Tuesday its OLED TVs now support an advanced video processing technology for gamers at 4K resolution with 120Hz refresh rate as the South Korean tech giant tries to beef up its presence in the gaming community. Through a software update, LG said its 2021 OLED TV models, including the G1 and C1, are compatible with Dolby Vision Gaming at 4K, 120Hz, becoming the industry's first TV products to support the solution in such picture settings. Previously, LG's TV supported

Samsung SDS Co., an IT service unit of Samsung Group, on Tuesday said it has signed a partnership with US-based software firm ServiceNow Inc. to expand cloud-based businesses. Under the deal with ServiceNow, Samsung SDS will utilize its IT service management solutions to help enterprise customers' digital transformation efforts. The two also agreed to join forces to develop technologies in the field of artificial intelligence and natural language understanding to seek growth opportunities.

Kia Corp., South Korea's No. 2 automaker, will begin an in-house COVID-19 vaccination program for its workers next month as part of antivirus measures for its factories, company officials said Tuesday. Kia plans to start inoculating employees with Moderna shots at in-house clinics of its plants in Gwangmyeong, Hwaseong and Jeonju on July 30, a company spokesperson said. The automaker will accept reservations from its 23,000 employees working at production lines, the spokesperson said. Kia

SK Telecom Co., South Korea's largest mobile carrier, said Tuesday it has teamed up with US call center technology company Genesys to launch a contact center service powered by artificial intelligence (AI). AI call centers have recently risen in popularity as they can reduce tasks handled by traditional call center agents by using speech recognition and natural language processing technology to respond to simple and repetitive user queries. SK Telecom said it has partnered with Genesys, which

Samsung Electronics Co. on Tuesday unveiled its new smartwatch interface that will run on the upcoming unified wearable operating system (OS) with Google as the South Korean tech giant eyes to expand its presence in the wearable device market. Samsung introduced One UI Watch at its virtual session of this year's Mobile World Congress, saying the new interface aims to deliver a more connected experience between the Galaxy Watch and smartphones. One UI Watch will be available for new OS jointl

South Korean airlines called on the government Tuesday to implement a travel bubble as early as possible and to expand it to individual overseas tourists. The request was made at a meeting between Vice Culture, Sports and Tourism Minister Kim Jeong-base and tourism industry people, which was organized by the Korea Chamber of Commerce and Industry. A travel bubble refers to a quarantine-free travel partnership between two or more cities or countries with similar levels of COVID-19 cases. South

HEALTH FUNCTIONAL FOOD KNJ Bio KNJ Bio is a local provider of health supplements that incorporate both Asian herbs and modern Western medicine. The firm was established in 1978 by Kim Nam-joo, a certified doctor of pharmacy in South Korea and a doctor of Asian medicine in China and the US. Since the company was founded, KNJ Bio has endeavored to introduce novel health supplement products by marrying natural substances with traditional medicinal ingredients. Using this approach, KNJ Bi

Posco Engineering & Construction will start pre-sales of its premium The Sharp brand apartments in Gwangyang, South Jeolla Province, in July, the company said Monday. The construction firm said it will begin receiving orders for 727 units of The Sharp Gwangyang Bay Cent, an apartment complex comprising of five apartment buildings in Hwanggeum-dong in Gwangyang. The buildings are as high as 33 stories, according to the company. The available apartments range in size from 84 square meters

The Electric Vehicle Symposium and Exhibition will take place in South Korea in 2024, the Korean Society of Automotive Engineers announced Monday. EVS, an annual event thought of as the Olympic Games of electric vehicles, is organized by the World Electric Vehicle Association to provide a platform for discussion and exchanges among automakers and researchers concerning major trends in the industry and cutting-edge technologies. The 2024 meeting will be the 34th installment of the event, sinc