The OECD Ministerial Meeting Daejeon 2015 and World Science and Technology Forum will kick off in Daejeon on Monday.　Ministers, scientists, and officials from international organizations will gather in the city, often dubbed as an innovation hub in South Korea, to discuss how to achieve sustainable economic growth and to address global challenges including climate change and poverty through science and technology. First ICT Vice Minister Lee Seok-jun speaks Friday about programs for the science

SONY RELEASES WORKOUT GADGET-- Sony Korea launches smart sports gear Smart B-Trainer, featuring an MP3 player, gyroscope, GPS and heart rate sensor, in Seoul on Friday. (Sony)

EXPLORATION OF VIRTUAL REALITY TECH -- Choi Jin-sung (right), chief technology officer of SKT, and Leap Motion CEO Michael Buckwald pose after signing a partnership agreement in Seoul on Thursday. SK has sought a global partner to develop virtual reality multimedia services. (SKT)

S-Oil CEO Nasser Al-Mahasher received the Gold Tower Order of Industrial Service Merit in Seoul Thursday, the highest honor in the field awarded by the South Korean government for his notable contribution to the national economy.　The S-Oil chief was honored for his part in securing 4.8 trillion won ($4.24 billion) in investment from its parent company Saudi Aramco this year and pushing it to acquire additional stakes worth around $1.84 billion in the Korean refiner, S-Oil said. S-Oil CEO Nasser

South Korea’s leading energy solutions developer LG CNS said Thursday that it had completed the construction of two floating photovoltaic power plants in Otae and Jipyeong Reservoirs in Sangju, North Gyeongsang Province.The two floating solar power plants, each with 3 megawatts generating capacity, are the largest in terms of capacity of power generation. LG CNS‘s floating solar power plant on Otae Reservoir in Sangju, North Gyeongsang Province. (LG CNS)The solar panels cover around 64,000 squar

WALL-MOUNTED WASHER ENJOYS STEADY GROWTH -- Dongbu Daewoo Electronics said Thursday the accumulative sales of its wall-mounted front-loading washer Mini surpassed 100,000 units worldwide, posting more than 30 percent growth in sales every year since its release in 2012. (Dongbu Daewoo)

KT RECOGNIZED FOR WI-FI TECHNOLOGY -- South Korea’s leading mobile carrier KT said Thursday its kt wiz park, the home stadium for the kt wiz professional baseball team in Suwon City, won the Best High Density Wi-Fi Deployment in a Venue -- an award granted to a network operator achieving the best advances in venue deployments -- at the WiFi Industry Awards 2015 in San Jose, California, on Wednesday. The award event is organized by the Wireless Broadband Alliance, an industry organization to prom

GALAXY NOTE GLITTERS WITH NEW COLORS -- Samsung Electronics said Thursday it has added new color options -- silver titanium and gold pink -- for its premium phablet Galaxy Note 5 lineup. The mobile device now comes in five colors including white pearl, black sapphire and gold platinum. (Samsung)GALAXY NOTE GLITTERS WITH NEW COLORS -- Samsung Electronics said Thursday it has added new color options -- silver titanium and gold pink -- for its premium phablet Galaxy Note 5 lineup. The mobile device

Global venture incubators advised start-up wannabes to do something for failure rather than for success to disrupt the market.　Participating in Startup:CON 2015, a start-up conference organized by the Korea Creative Content Agency and the Ministry of Culture, Sports and Tourism on Wednesday, Luke Iseman, start-up incubator Y Combinator’s director of hardware, said those who want to make hits in the start-up scene have to be “crazy about what they do to change the world.”Luke Iseman, start-up inc

  SAMSUNG SHOWCASES FUTURE DISPLAY -- A model poses with a transparent OLED display produced by Samsung Display at the International Meeting on Information Display 2015, an annual conference for the display industry held from Wednesday to Friday at KINTEX in Ilsan. (Samsung Display)

　South Korea’s leading telecommunications firm KT has been paving the way for the era of the 5G network as it actively engages in global efforts to establish technological standards for the faster network technology.　Participating in ITU Telecom World, a global information and communications technology conference, in Budapest, KT vowed to cement its leadership in the telecom sector by contributing to the growth of the world’s telecom industry and nurturing the ecosystem for technological converg

Korean securities companies are waging a fierce competition to take over KDB Daewoo Securities Co., one of the nation’s leading brokerages, in a deal that could come as a game changer for the industry.　The Korea Development Bank, a state-run policy lender, is seeking to sell off its stake in brokerage unit KDB Daewoo Securities as part of the government’s privatization plan.  The headquarters of KDB Daewoo Securities Co. (Yonhap)　A successful buyer is widely expected to take the lead in reshapin

　Skin care products have been evolving as consumers crave new ones, and so has the facial mask, one of the most common skin care products here.　K&C International has recently introduced a facial mask product, dubbed the “18-Minute Mask Pack,” containing an enriched peptide extract. Peptide is a type of protein consisting of two amino acids and is said to help regenerate skin cells with just a small amount.  K&C International`s 18-Minute Mask Pack. (K&C International)　The amount of the peptide he