“These milestone agreements indicate the close relationship between Qatar and Korea and highlights Korea’s position as a key and strategic energy partner,” the Qatari ambassador said. Diplomatic relations between Qatar and Korea started in 1974 with the opening of the Qatar Embassy in Seoul in 1992. Al-Hamar stressed that Korea is an important trading partner for Qatar, and said he hopes the on...

SK hynix, which supplies DRAM chips, as well as flash memory chips and complementary metal oxide semiconductor image sensors to its clients, has sought to bring its next-generation DRAM technologies to the mainstream, amid a sustained memory chip price decline. In October 2020, SK hynix said it has completed tests and verifications of DDR5 DRAM modules’ functions and compatibility with IC chips ...

Kakao Brain, the artificial intelligence technology research and development subsidiary of Kakao, said Wednesday it has launched its second AI model that self-generates images, allowing the company to quickly expand its presence in Korea’s mammoth AI space. The AI model, dubbed “minDALL-E,” creates images the users wish to see, according to the company. For instance, when users type in requests ...

Korea Aerospace Industries Co. (KAI) said Wednesday it has received a 180 billion-won ($152 million) deal to supply parts and maintenance services to the T-50 trainer jets operated by the Korean military. Under the deal signed with the Defense Acquisition Program Administration, the country's sole aircraft manufacturer will provide parts to the T-50 advanced trainer jets, the FA-50 light attack ...

The runup to the March 9 South Korean presidential election could be a “golden time” to make strides in the stalled diplomacy with North Korea and a potential inter-Korean summit could be an answer for a breakthrough, experts at the state-funded think tank said Wednesday. “The period up till the presidential election could be the ‘golden time’ where decisive change could happen (on the penins...

A court on Wednesday ruled that a bioscience question in this year's college entrance exam had errors and ordered the state-run agency responsible for producing the test to cancel its designated answer. The Seoul Administrative Court ruled in favor of 92 examinees disputing question No. 20 of the bioscience part 2 section of this year's College Scholastic Ability Test (CSAT) developed by the Kor...

Music director Jung Jae-il of Netflix’s hit series “Squid Game” and Oscar-winning “Parasite“ was named as one of the 10 winners of the 2021 Chanel Next Prize, the high-end fashion house announced. On Tuesday, Chanel announced its newly-established international award winners who have supported innovations in art and culture. Jung was recognized for opening up a new genre that fuses traditional K...

South Korea's nuclear safety watchdog on Wednesday approved the restart of a nuclear reactor in the country's southwestern nuclear complex that was shut down for an inspection. The Nuclear Safety and Security Commission said it has given the go-ahead to restart the Wolsong No. 4, 700-megawatt reactor, in Gyeongju, 371 kilometers southeast of Seoul. The Wolsong No. 4 nuclear power reactor, which...

South Korea has a duty and obligation to take a special interest in the Beijing Olympics as the host of the previous games and will decide later whether it is appropriate for President Moon Jae-in to attend the opening ceremony, a Cheong Wa Dae official said Wednesday. Moon earlier said South Korea is not considering a diplomatic boycott of February's Beijing Olympics after the United States dec...

Police will take stalking suspects into custody in high-risk cases as part of efforts to bolster victim protection, officials said Wednesday, after facing criticism for failing to provide due protection to victims in two recent stalking murder cases. The measure was announced as part of the Seoul Metropolitan Police Agency's plan to strengthen its response capability against stalking crimes afte...

Two men have been arrested for allegedly locking up an elementary school girl for over 10 hours for sex, police said Wednesday. The two unidentified men, both in their early 20s, were suspected of locking up the 12-year-old at a residential "officetel" building in Shindang-dong, central Seoul, for about 11 hours from 9:30 a.m. Tuesday. The girl was discovered after her mother filed a missing rep...

Samsung Electronics Co. and LG Electronics Inc., South Korea's two biggest consumer electronics companies, will unveil a slew of innovative products at the upcoming Consumer Electronics Show (CES) set to open early next month in Las Vegas. The two companies are among the approximately 1,700 businesses from around the world and about 300 South Korean companies that will attend the event to showca...

Expanded use of robots has resulted in a "meaningful" decline in demand for human labor in the manufacturing industry while replacing mostly "routine" and "repetitive" jobs, a central bank report said Wednesday. The Bank of Korea's report was based on data related to introduction of robots in industries and the impact on employment from 2010-2019. It analyzed the net effect of the "displacement ...

South Korea's money supply grew in October on increased savings amid higher interest rates on deposits, central bank data showed Wednesday. The country's M2, a key gauge of the money supply, stood at 3,550.6 trillion won ($3 trillion) as of end-October, up 1.1 percent, or 38 trillion won, from a month earlier, according to the preliminary data from the Bank of Korea (BOK). The growth slightly q...