TAIPEI , Jan. 17, 2022 /PRNewswire/ -- ICP DAS, a leading manufacturer of industrial automation equipment, is pleased to announce the new ExoWISE solution. The creation of ExoWISE is the result of a new partnership with Exosite, an enterprise software company and a leading provider in the Industrial Internet of Things (IIoT) platform market. The new solution leverages Exosite's ExoSense® remot...

French luxury brand Louis Vuitton is closing shops at all downtown duty-free stores in South Korea by March 2023. Having stopped running its store at Lotte Duty Free Jeju in December, Louis Vuitton will close three more -- at the Shilla Duty Free in Jeju, Lotte Duty Free in Busan and Lotte World Tower in Jamsil, Seoul -- in March, according to UK travel retail media outlet Moodie Davitt Report. ...

Jailed former President Lee Myung-bak was admitted to a hospital on Monday for an unspecified chronic illness, the justice ministry said. The 81-year-old was transferred to the Seoul National University Hospital in central Seoul from the Anyang Correctional Institution where he is serving a 17-year sentence for embezzlement and bribery convictions, according to the ministry. Lee will undergo me...

Lotte Hotel, the hotel chain owned by Korea’s retail giant Lotte Group, said Monday that it will open a new hotel in Chicago next year, the first overseas launch under its lifestyle boutique hotel brand L7. Lotte said it completed an acquisition of Kimpton Hotel Monaco Chicago for 42.8 billion won ($35.9 million) on Friday (US time) in a joint investment with the state-run Korea Overseas Infrast...

President Moon Jae-in, who is visiting the United Arab Emirates, met with Prime Minister Mohammed bin Rashid Al Maktoum at the Dubai Expo on Sunday and discussed ways to strengthen cooperation in defense, nuclear power plants and Korea’s plan to host the 2030 Busan Expo. During the meeting, the UAE decided to import the Korean interceptor missile Cheongung II, or M-SAM2, becoming the first count...

The goal of Samsung Electronics becoming the No. 1 foundry player by 2030 is facing a major hurdle as its rival TSMC prepares a whopping $44 billion investment in 2022 to consolidate its lead, according to industry sources Monday. “Last year, Samsung Electronics spent roughly 40 trillion won ($33.5 billion) in memory, foundry and infrastructure investments. This year, TSMC plans to spend more th...

South Korean telecommunication company LG Uplus has named Gabe Hwang, former executive at AT&T and WarnerMedia, as its inaugural chief data officer in its push for an innovation to enhance consumer experience and boost productivity, the company said Monday. Hwang will lead data-related businesses of LG Uplus from delivering data capabilities for client to the company’s artificial intelligence in...

Wearing a mask has become commonplace during this pandemic. Though the act is often encouraged to stop the spread of COVID-19, there is one place where it is definitely frowned upon – dating apps. Users say profiles with only masked up photos can be misleading. Amid growing complaints, some dating app operators are cracking down on those considered a “magikkun” -- a portmanteau from the English ...

South Korea's antitrust regulator said Monday it has decided to impose a combined 233 million won ($195,800) in fines on three companies for colluding to fix bidding prices over the transport of steel plates. Dongbang and two other firms colluded to fix their quotations between 2016 and 2018 for bids on thick plates by the country's largest steelmaker POSCO, according to the Fair Trade Commissio...

Banks in South Korea are expected to take a wait-and-see attitude in their lending policy during the first quarter after significantly toughening loan controls for months in line with the government's push to rein in household debt. According to the poll of 17 banks and other financial institutions by the Bank of Korea, the index measuring the banks' attitude toward home-backed and unsecured loa...

The presidential National Security Council (NSC) expressed strong regret Monday after North Korea fired two suspected short-range ballistic missiles eastward that marked the North's fourth show of force this month. The council held an emergency meeting after South Korea's military announced that the North fired two suspected ballistic missiles into the East Sea. "The standing members of the NSC...

Foreign children aged 3-5 in Seoul will receive education fee support equivalent to that for South Korean children from March, the city's education office said Monday. The Seoul Metropolitan Office of Education will provide up to 150,000 won ($126) -- 100,000 won for daytime programs and 50,000 won for after-school programs -- per month to foreign children enrolled in public kindergartens. Up t...

BEIJING , Jan. 17, 2022 /PRNewswire/ -- Wuhu City of east China's Anhui Province has mulled efforts in boosting the science and technology innovation as well as digitalization to push industrial upgrading. Wuhu has been the gateway of commerce since ancient times and bred a commercial culture as well as an adventurous spirit, said Ning Bo , mayor of the city. Photo shows Ning Bo, mayor ...

INCHEON -- Police said Monday they were looking into a report of a suspected animal abuse attempt using sausage-skewered fishhooks at a park in Incheon popular among dog owners. Police said they received the report of the suspicious fishhooks in the park in Bupyeong Ward of Incheon, 40 kilometers west of Seoul, at 9:45 p.m. Sunday. Authorities said they searched the park but failed to discover t...

President Moon Jae-in on Monday named a new senior secretary for civil affairs after the previous secretary resigned over ethical issues related to his son. Kim Young-sik, a former secretary for legal affairs under the Moon administration, was appointed to succeed Kim Jin-kook, who stepped down last month after his son was found to have leveraged the father's position on job applications. "(Kim...