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Sat, September 23, 2023 | 00:24

Korea boosts subsidies to rev up falling EV sales

Korea boosts subsidies to rev up falling EV sales

The Korean government will temporarily offer more subsidies to customers purchasing electric vehicles (EVs), as part of policy incentives to revive slowing sales of the vehicles here. Details will be shared by relevant authorities early next week, officials said Friday.

2023-09-22 16:58

Scientists find green way to turn CO2 into fuel with sunlight

Scientists find green way to turn CO2 into fuel with sunlight

Scientists in Korea and the United States developed a material that harnesses solar energy to efficiently turn carbon dioxide (CO2) into hydrocarbons such as methane, a gas fuel for heating, cooking and powering vehicles.

Holly Chik | 2023-09-22 16:05

LG CNS employees teach coding at elementary schools

LG CNS employees teach coding at elementary schools

New employees of LG CNS teach coding to students at Hongsan Elementary School in Buyeo County, South Chungcheong Province, Tuesday. The company said Thursday that around 60 employees provided coding education at Hongsan and Baekje Elementary Schools in the county. Courtesy of LG CNS

2023-09-21 14:10

New industry minister demonstrates priorities with visits to nuclear plant, Busan port

New industry minister demonstrates priorities with visits to nuclear plant, Busan port

Korea's new Minister of Trade, Industry and Energy Bang Moon-kyu visited a nuclear power plant under construction in Ulsan and a Busan port for his first day on the job, signaling the ministry's priorities under his watch.

Ko Dong-hwan | 2023-09-20 16:58

LG CNS, IGIS Asset Management join hands for data center, logistics

LG CNS, IGIS Asset Management join hands for data center, logistics

LG CNS forged a partnership with real estate investor IGIS Asset Management to develop new businesses such as cloud data centers and micro fulfillment centers (MFCs), the company said Wednesday.

Baek Byung-yeul | 2023-09-20 16:27

Merck emphasizes digitalization in semiconductor market

Merck emphasizes digitalization in semiconductor market

Merck, a German science and technology company, noted that the semiconductor industry should embrace AI and machine learning for digital transformation, according to its Korean unit Wednesday.

Baek Byung-yeul | 2023-09-20 15:46

Yanolja's aggressive expansion results in voluntary redundancy program

Yanolja's aggressive expansion results in voluntary redundancy program

Yanolja, a hotel booking app operator, told its employees earlier this week that it will carry out a voluntary redundancy program by Oct. 6. Those who wish to leave the company can receive cash payments equivalent to four months of their salary or three months of their paid leave.

Park Jae-hyuk | 2023-09-20 09:30

IBM seeks to offer enhanced AI service to enterprises with Watsonx

IBM seeks to offer enhanced AI service to enterprises with Watsonx

IBM introduced its generative AI platform Watsonx to corporate customers and professionals here, explaining that the platform makes it easier for customers to utilize generative AI, the country general manager of its Korean unit said, Tuesday.

Baek Byung-yeul | 2023-09-19 16:47

US court ruling bolsters KHNP's drive to sell nuclear reactors overseas

US court ruling bolsters KHNP's drive to sell nuclear reactors overseas

A U.S. court ruling in favor of two Korean state-run power companies on Monday (local time) is expected to boost Korea's bid to export nuclear reactors to the Czech Republic and other countries, according to industry officials and experts, Tuesday. The District Court for the District of Columbia dismissed a lawsuit filed last October by Westinghouse Electric, a Pennsylvania-b...

Ko Dong-hwan | 2023-09-19 16:37

US energy firm to appeal court decision in favor of KEPCO, KHNP over nuclear reactor exports

Upstage's Solar becomes main language model for Quora chatbot

Upstage's Solar becomes main language model for Quora chatbot

Upstage's large language model (LLM) Solar has become a main language model for U.S. knowledge-sharing platform provider Quora's AI chatbot service, Poe, proving its competitiveness against leading generative AI services such as OpenAI's ChatGPT, the Korean AI startup said Monday. Upstage said Solar stands for Specialized and Optimized LLM and Applications with Reliability.

Baek Byung-yeul | 2023-09-18 16:05

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Top 10 Stories

1	Scientists find green way to turn CO2 into fuel with sunlight

2	Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors

3	Opposition party in turmoil as leader could be arrested on Tuesday

4	Saudi Arabia celebrates 93rd National Day

5	Korea boosts subsidies to rev up falling EV sales

6	Foreign employees rewarded for contribution to Korea's shipbuilding industry

7	Lawmakers want to grill business tycoons over decision to rejoin FKI

8	'Songpyeon' for low-income families

9	Gov't reviews changing description of Fukushima wastewater

10	Big insurers up for sale, but financial conglomerates appear disinterested

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