LG Group is betting big on art to enhance its brand value globally. The nation’s fourth-largest conglomerate has been actively expanding partnerships with global art museums and institutions to spur artistic innovations and sponsor digital artists. In June last year, the group’s key affiliates -- including LG Corp., LG Electronics, and LG Display -- forged partnerships with Guggenheim Museum, a globally renowned modern and contemporary art museum in New York, under the LG Guggenheim

SK bioscience Co., a pharmaceutical affiliate of South Korea's SK Group, said Wednesday it has joined hands with Thailand's state-run drugmaker to build vaccine manufacturing and development infrastructure in the Southeast Asian country. SK bioscience and Thailand's Government Pharmaceutical Organization signed a memorandum of understanding on Tuesday, under which the Korean company will help the country prepare for future pandemics by developing a homegrown vaccine. As a first st

Economic historian Chris Miller, author of best-seller 'Chip War,' advises US and its allies to brace for China’s vast subsidy campaign while 'limiting protectionism among themselves'

South Korea and Spain are teaming up to conduct joint research on smart manufacturing and future mobility as part of their agreement signed last year to bolster technology ties, according to the Korea Institute for the Advancement of Technology, an institution affiliated with the Ministry of Trade, Industry and Energy, on Sunday. In November last year, the two countries set up an industrial technology partnership committee and discussed possible areas for collaboration. As a follow-up to the agr

Amid absence of global names, number of firms taking part halves

SHANGHAI -- Top executives of GSMA, the host of the Mobile World Congress, said South Korea is a perfect place to learn about the digital transformation since it has been at the forefront of technological innovation and leadership. “Korea was one of the very first (countries) to launch 5G (network) services. It's got such vibrant operators and a technology ecosystem that are globally known and respected,” John Hoffman, CEO and director at GSMA Limited, said in an interview with

LG Electronics said Sunday it is launching a new self-service kiosk that is more accessible to people with limited vision and other physically handicapped users. The new touch-screen kiosk features a Low Vision mode displaying a clearer screen with larger letters and a Low Position mode which lowers the menu for wheelchair users. The tech giant plans to launch a Voice Assistant mode equipped with tactile keypads for use at local franchise restaurants later this year.

South Korean telecom giant SK Telecom announced late Thursday it will invest $100 million to acquire a 2 percent stake in US urban air mobility firm Joby Aviation. The two forged the investment agreement on Tuesday, and vowed to strengthen their partnership in the UAM business further. The Korean mobile carrier first signed a strategic collaboration agreement with Joby Aviation in February 2022, which was expanded to include TMAP, South Korea’s largest mobility platform, in May 2022. Joby

South Korean Trade Minister Ahn Duk-geun discussed measures to strengthen bilateral trade with his Japanese counterpart Hirohide Hirai during his visit to Seoul on Friday. The bilateral talk comes as Japan has announced to reinstate South Korea as a "Group A" country earlier this week, returning to Seoul the preferential export treatment it had enjoyed until 2019. The latest decision marked the end to a trade dispute that had dragged on for four years stemming from the issue ofKoreans

Seoul officials say Korean businesses still confused over Washington’s toughened trade rules lacking details

LG Electronics employees celebrate the 10th anniversary of its vehicle solutions business at the ceremony held at LG Sciencepark in Seoul on Thursday. The tech giant set up the automotive business unit in 2013 which turned to a profit for the first time in the second quarter of 2022. As of last year, the unit’s accumulated orders have reached 80 trillion won ($60 billion). The company aims to become a leading player in the fields of infotainment solutions, electric vehicle powertrains and

South Korean supplier relationship management vendor Emro has been leading the digitalization of the purchasing process between companies and their suppliers, improving accuracy and efficiency in overall procurement operations. Founded in 2000, Emro has been conducting next-generation procurement system projects with leading companies in various industries such as Samsung, Hyundai Motor, LG and SK. Through these projects, Emro has incorporated specialized purchasing processes and functions tailo

Increasing demand prompts expert concerns over abuse and inflated efficacy expectation

KAIST professor underlines importance of developing new technology to widen gap with China

SHANGHAI -- The Mobile World Congress Shanghai, the Asia edition of the world’s largest mobile communications industry trade show, has returned as an in-person event on Wednesday after a two-year hiatus due to strict COVID-19 restrictions in China. This year’s event, which runs through Friday at the Kerry Hotel Pudong and Shanghai New International Expo Center in Shanghai, kicked off under the theme of “velocity” and focused on three major areas -- 5G transformation, the