South Korea has partnered with a US electric aircraft startup to push forward the commercialization of urban air mobility, the transport ministry said Wednesday. Archer Aviation Inc. will join the Korean government's UAM test project dubbed "Grand Challenge" along with local companies -- Kakao Mobilty Corp., LG Uplus Corp. and GS Engineering & Construction Co., the Ministry of Land, Infrastructure and Transport said in a statement. Archer Chief Commercial Officer Nikhil Goel m

Samsung Electronics Co. said Wednesday two workers at one of its chip manufacturing facilities in South Korea were recently exposed to radiation and a government-led investigation is underway. The two workers in the chip production line of Samsung's Giheung Campus in Yongin, 42 kilometers south of Seoul, experienced X-ray exposure on their hands Monday, the company said in a text message response to reporter inquires. The company said it became aware of the incident Tuesday when the workers

A mockup of an aircraft interior featuring smart cabin technology, developed by LG Display, Boeing, and LIG Nex1, is on display at the Aircraft Interiors Expo 2024 in Hamburg, Germany, on Tuesday. For the trade show, the three companies collaborated to develop four types of OLED panels to display various information such as captain's messages, in-flight duty-free sales content, weather conditions, and airline branding. Their lighter weight compared to LCD panels also can help improve the op

BAT Rothmans, the Korean unit of British American Tobacco, said Wednesday it will intensify efforts to ensure that no one underage uses nicotine products, as part of their campaign to mark the annual World No Tobacco Day on May 31. The company also expressed support for more government efforts to prevent minors' nicotine use. "Underage individuals should never use nicotine, and we believe the government plays a crucial role (through regulations) in ensuring this,” BAT Rothmans&rs

Tech firm offers patented incentive system to reward customers with hefty cashback

South Korea has for the last nearly three decades seen a rise in the number of self-employed individuals who have been forced to start their own businesses due to layoffs and reduced employment opportunities. With the number of job losses outpacing the number of new hires in recent data, a general increase in involuntary early retirements and the rapid rise of the digital gig economy since the COVID-19 pandemic outbreak, many people here have added side jobs or are working multiple freelance job

Korea’s top 30 conglomerates have doubled the number of artificial intelligence specialists in executive management and board of director positions in the space of a year, shows data released Tuesday. According to Leaders Index, a local business analysis and research center, which reviewed first-quarter regulatory filings submitted by 295 companies from the 30 business groups, there are now 187 executive-level managers specializing in AI. This figure marks a significant increase from the f

South Korean e-commerce giant Coupang has set up its first overseas distribution unit in Taiwan in an apparent move to boost its presence in the burgeoning retail market there, according to industry sources Monday. The new subsidiary, named Haitong Shangmao, specializes in distributing locally produced daily necessities from Coupang’s fulfillment centers to customers. A Coupang official also confirmed the establishment, which he said is part of the company’s expansion plans for its s

LG Electronics' MoodUp refrigerators are displayed on the Champs-Elysees in Paris on Sunday. For the promotional event, the company transformed 216 meters of the city's famous avenue into an experience zone, allowing over 4,000 visitors to try the new refrigerators with LED doors that change colors. LG plans to launch the MoodUp refrigerators in 15 countries this year. (LG Electronics)

LG Energy Solution said Sunday that its top executives traveled to the US last week to host a global talent recruitment event as part of the battery maker’s ongoing efforts to lure tech talents around the world. The Battery Tech Conference (BTC) is the company’s unique global recruitment event aimed at recruiting quality workers in research and development and promoting its vision for growth. Following last year’s event held in San Francisco, the event headed to New York this y

Genesis BBQ Group, Korea's largest chicken franchise, announced Thursday the opening of a new store in Omaha, in eastern Nebraska. With the launch of the Omaha branch, BBQ has successfully expanded its presence to 28 out of the 50 states in the US. Omaha is the largest city in the state and is also home to Berkshire Hathaway, the investment holding company of renowned investor Warren Buffett. BBQ's Omaha branch, located just ten minutes from Berkshire Hathaway's headquarters, is e

Kakao Corp., the operator of South Korea's dominant mobile messenger app, said Tuesday its service experienced a disruption for about an hour in the morning due to an error in its internal system. KakaoTalk's personal computer version was down from 8:30 a.m. to 9:24 a.m., the company said, noting it immediately responded to the issue. The messenger also experienced brief service outages Monday and last week. In 2022, KakaoTalk suffered a widespread outage due to a fire at a data center

BAT Rothmans' flagship heated tobacco brand "glo" announced Tuesday the launch of its new premium device, Hyper pro, with pre-orders available on Coupang. The brand-new model features a new EasyView screen and the latest HeatBoost technology. The EasyView screen, a high-definition AMOLED display, reflects consumer feedback from previous models. It offers six screen modes, allowing users to easily check remaining usage time, heating time, battery level and more with just a single c

CJ CheilJedang has unveiled a new brand identity for Bibigo, the company’s Korean food brand, aimed at targeting global consumers, the food giant said Tuesday. The new BI resembles a Korean dining table, symbolizing human connection through culinary sharing. (CJ CheilJedang)

Renowned architect Norman Foster takes charge of 'urban forest' cityscape theme