Kimchi, South Korea’s traditional fermented cabbage dish, could help mitigate coronavirus symptoms, a recent study showed. The research was jointly conducted by the government-funded World Institute of Kimchi and Jean Bousquet, an honorary professor of Pulmonary Medicine at Montpellier University, France. The study found that the intake of kimchi could lead to a milder case of the coronavirus due to the bioactive compounds present in the dish. A metabolite result from fermentation, the

South Korean battery maker Samsung SDI is among the first four companies in the world to sign on to a World Wildlife Fund call for a moratorium on deep-sea mining, according to an announcement by WWF on Wednesday. The battery-making affiliate of Samsung Electronics joined Google, BMW and Volvo in committing not to source any minerals -- such as cobalt, copper, nickel and manganese -- from the seabed or finance deep-sea mining activities, and to exclude minerals obtained this way from their s

South Korea could become a hub of hair-transplant tourism in Asia, said Han Bio Chairman Kang Da-witt, introducing the technology that his company developed to treat hair loss. Han Bio, a Seoul-based company that develops cell therapies based on natural killer cells and stem cells, last year developed a technology that can be used in the mass culturing of dermal papilla cells, a population of cells that play pivotal roles in hair formation, growth and cycling. During an interview with The Ko

KT is rolling out a mobile fee discount program exclusively for non-South Korean nationals, becoming the first mobile carrier here to do so, the firm announced Wednesday. While many local subscribers are eligible for family plans, which entail discounts and benefits such as shared data usage, most foreigners have been left out of such benefits as many are here without their families. KT’s new plan for non-Koreans will group five foreign customers with the same nationality and offer a

South Korea's three electric vehicle (EV) battery makers saw their global market shares fall in the first two months of the year amid Chinese rivals' big advances, a market tracker said Wednesday. Worldwide consumption of EV batteries stood at 25.2 gigawatt hours (GWh) in the January-February period, up 102.4 percent from a year earlier, according to SNE Research. South Korean battery maker LG Energy Solution Ltd., which spun off from LG Chem Ltd. in December last year, shipped 4.8 GWh equival

YouTube Music ranked as the second-most popular music streaming platform among South Korean Android users last month, with listeners on the platform more than doubling from the previous year, data showed Wednesday. The music streaming service from YouTube had 2.61 million users in February, compared with just 1.22 million the previous year, according to mobile analytics firm WiseApp based on its data on local Android smartphone users aged 10 and older. Local music streaming giant Melon, operat

EXEM’s operating profit reaches 9.6 billion won on revenue of 39.2 billion won

South Korea's two major battery makers -- LG Energy Solution Ltd. and Samsung SDI Co. -- were ranked in the top three in the global smartphone battery market last year, a report showed Wednesday. LG Energy Solution, a wholly owned subsidiary of LG Chem Ltd., had a revenue share of 26 percent to rank second in the worldwide smartphone battery market in 2020, according to market researcher Strategy Analytics. Samsung SDI, an affiliate of the world's largest smartphone maker Samsung Electronics C

SK hynix Vice Chairman Park Jung-ho, who is also the chief of SK Telecom, has been appointed as the chipmaker’s co-CEO at its board meeting Tuesday, the firm said. As co-CEO, Park will assume the role of building the corporate culture and leading establishment of long-term strategies for the chipmaker to strengthen global competitiveness and find new growth opportunities. Current CEO Lee Seok-hee will be responsible for development, investment and operation to strengthen technology and

Newest TV models by Samsung Electronics and LG Electronics have been certified for Wi-Fi 6E technologies, the first in the global TV industry, according to the companies on Tuesday. Samsung said its 2021 Neo QLED 8K TV models have earned the world’s first Wi-Fi 6E certification from the Wi-Fi Alliance. Wi-Fi 6E, a new standard in connected technology, offers four times faster connectivity based on stable and reliable data transfers – even when multiple devices are connected t

Specially developed syringes avoid wasting residual dosages, allowing the country to vaccinate more people with same doses, government says

Sales of Celltrion’s COVID-19 treatment could reach 1.2 trillion won ($1.06 billion) this year, a local securities firm said Monday. According to a report from Hana Financial Investment, sales of Celltrion’s COVID-19 antibody treatment CT-P59 are expected to increase since Celltrion received a positive scientific opinion from the European Medicines Agency last week for its monoclonal antibody treatment candidate. But the report said Celltrion’s production capacity for the d

The Korea Advanced Institute of Science and Technology (KAIST) said Tuesday its research team launched the country's first mobile app that detects deepfakes -- images or videos digitally manipulated with artificial intelligence (AI) -- to curb misinformation and prevent potential harm to victims targeted by the technology. The software, named KaiCatch, can accurately detect deepfakes by using AI technology that recognizes abnormal distortions in a subject's face in images, according to KAIST, S

Magnachip, spun off from South Korea’s SK hynix and listed on the US stock market, has been sold to a Chinese private equity fund, according to industry sources Monday. The chipmaker will be acquired by China’s Wise Road Capital for 1.6 trillion won ($1.4 billion) according to the company announcement. All of the shares will be sold to the Chinese fund at $29 per share with a 75 percent premium, which is estimated to be $1.4 billion. “The latest deal will not only bring

Samsung Electronics Co. said Monday that domestic sales of its new flagship smartphone series, the Galaxy S21, surpassed 1 million units last week. The South Korean tech giant said the S21, which was released here on Jan. 29, achieved the milestone 57 days after its launch, about one-month faster than its predecessor the S20. But the pace of S21 sales was slower than the S10, which topped the 1 million mark in 47 days in 2019. Samsung has been introducing new Galaxy S devices in mid-February