Samsung Display said Tuesday it has created a YouTube channel featuring videos related to display technology. For instance, a quiz show titled “Display Quiz Talkshow,” shortened to “DiTokShow” in Korean, provides educational content on display technology.  The show has previously compared organic light-emitting diode and liquid-crystal display technologies, and explained words such as pixel, resolution and screen ratio.Samsung Display said consumers are exposed to di

Technology Sept. 3, 2019

South Korean petroleum and refinery company Hyundai Oilbank said Friday it has rolled out activities and perks for employees in response to increasing demand for better work-life balance. For example, one-day after-work workshops spanning from leathercraft to cooking to flower-related classes, which employees can participate in if they are interested.  “The one-day class program was launched to help develop employees’ personal interests outside of work,” a representative o

Industry Aug. 30, 2019

SK Broadband said Thursday it had teamed up with pharma marketing company Online Pharm to introduce electronic kiosks for pharmacies.The stand called On Kiosk, which provides Korean, English, Chinese and Japanese services, will be able to process simple drug prescriptions, offer guidelines for drug intake, and provide a queuing system for consultations.  The kiosks will be able to take over routine tasks, allowing pharmacists to focus more on providing health consultations. It is also equip

Technology Aug. 29, 2019

South Korean steelmaker Hyundai Steel said Wednesday it has opened a steel experience center at Kidzania Seoul, where children can roleplay as steel researchers for a day.  The center allows children to learn about the role and importance of steel in daily lives. Children will be able to see and touch raw materials like iron ore and coal, and see the different steel parts that go into cars. According to Hyundai Steel, this is the first such center in the steel industry.The company said the

Industry Aug. 28, 2019

Kumho Tire announced Wednesday it had achieved an operating profit after 2 1/2 years of losses.The tiremaker said it posted a surplus of 24 billion won ($19.8 million) in operating profit in the second quarter this year. Combined with its 9.1 billion won in profit in the first quarter, that overcomes the 29.7 billion won in operating loss last year. Its debt-to-equity ratio also fell from 354.87 percent in March last year to 205.12 percent the same time this year. The company attributed its curr

Industry Aug. 28, 2019

HDC Hyundai Development Co. said Tuesday it plans to develop a new underground square near Yongsan Station, under a build-transfer-operate agreement signed with the Yongsan District Office. Build-transfer-operate refers to public or private entities’ financing of private firms to build and operate a facility. The Yongsan District Office and HDC signed the agreement on Dec. 20 last year to build the 22,505-square-meter underground square.According to the company, the square will connect to

Industry Aug. 27, 2019

The Export-Import Bank of Korea said Tuesday it had signed a loan agreement to provide $86 million from the Economic Development Cooperative Fund for Ethiopia’s project involving a university. The ceremony was attended by Eximbank Chairman Eun Sung-soo and Ethiopia’s State Minister of Finance Admasu Nebebe during Ethiopian Prime Minister Abiy Ahmed Ali’s state visit to Korea.The EDCF offers long-term low-interest loans to developing countries, set up and managed by the Korean g

Economy Aug. 27, 2019

Brent Deep, vehicle performance manager at GM North American Headquarters, presents Chevrolet’s Colorado at Welli Hilli Park in Gangwon Province on Monday. GM Korea launched the US-made Chevrolet Colorado pickup truck in hopes for it to perk up lackluster sales. The Colorado pickup comes with a 3.6-liter six-cylinder gasoline engine with up to 312 horsepower and an eight-speed automatic transmission. The pickup truck segment now accounts for 2 percent of the country’s automobile mark

Mobility Aug. 26, 2019

GS Group Chairman Huh Chang-soo called for preemptive measures to respond to the sluggish economy at a strategy meeting held on Saturday and Sunday. Under the theme “Strategies for Growth in Low-Growth Era,” the meeting was attended by some 60 CEOs and managers of group affiliates, the firm said.“I hope this conference will be the first step in providing insights amid the changes and uncertainties we are facing in the low-growth era,” Huh remarked.At the two-day meeting,

Industry Aug. 25, 2019

South Korean steelmaker Posco announced Sunday the launch of its second #SteelSaveEarth campaign starting Aug. 28 to raise awareness on the detrimental effects of single-use plastic waste on the environment.The campaign was first launched in April to encourage the use of reusable and recyclable steel products as an alternative to plastic. The upcoming campaign will focus on the harm of plastic waste in the marine environment, the company said.Posco’s Clean Ocean Volunteer Group, consisting

Industry Aug. 25, 2019

Dong-A Pharmaceutical said Thursday its pharmaceutical product for acne treatment, Noscarna, leads to a 33.2 percent reduction in scar thickness.According to the company, Noscarna could reduce scar visibility when applied to skin with acne scarring or keloid scars from surgery. Through clinical trials conducted on animals, the results showed 78 percent skin color recovery on skin with scarring as well as 33.2 percent reduction in scar thickness, compared to before the product was used. The produ

Industry Aug. 22, 2019

Singapore Airlines said Wednesday it will launch an updated mobile application to enhance customer experience. The app, set to be released in September for Apple iOS users, will have three new features that provide convenience for passengers. It is being released between July and September for Android users.  English-only feature Capture & Discover matches users’ travel plans with destinations to provide relevant information. Translation Assistance provides real-time voice transla

Technology Aug. 21, 2019

Riding on the growing popularity of carbonated drinks, Coca-Cola Korea’s sparkling water brand Seagram’s has released new zero-calorie flavored sparkling water, Seagram’s The Tansan, the company said Tuesday.The company said Seagram’s The Tansan will have two flavors -- lemon and apple mint -- designed as palate refreshers. Tansan in Korean means carbonic acid, which gives carbonated drinks their signature bubbles and refreshing “bite.” “The crisp flavor

Industry Aug. 20, 2019

Papago’s image translation function will be updated to automatically detect text and improve accuracy for three languages.South Korean tech giant Naver said Monday its service Papago will upgrade its image translation for English, Chinese and Korean. The function translates text captured in images.The improved image translation uses deep learning technology to enhance text extraction and recognition from an image.With the “Translate all” feature, users will no longer need to ma

Technology Aug. 19, 2019

Incheon International Airport Corp. said Sunday it has signed a memorandum of understanding with Indonesia’s state-run airport operator Angkasa Pura I for cooperation in overseas airport projects. The signing ceremony, attended by IIAC CEO Koo Bon-hwan, President Director of AP I Faik Fahmi and some 20 officials from both companies, took place at Paradise City in Incheon on Wednesday. Under the memorandum, IIAC and AP I will upgrade relations to a strategic partnership to closely cooperate

Industry Aug. 18, 2019