Author: Seoul Reporter

[ad_1] Hyundai Motor Group’s hydrogen gas cell energy technology system contained in the Ulsan Thermal Energy Plant (Photograph courtesy of Hyundai Motor Group) Hyundai Motor Group has just lately fashioned a brand new Robotics and Hydrogen Power Process Drive, which is predicted to function the “management tower” for the automotive group’s growth of bodily synthetic intelligence (AI) expertise. Hyundai Motor Group is projected to pursue plans via the TF to construct AI knowledge facilities and hydrogen manufacturing bases alongside the southwestern coastal belt of South Jeolla and North Jeolla provinces. The Honam area is taken…

[ad_1] Doosan’s Yang Eui-ji, proper, received the KBO League Batting Award on the 2025 Shinhan SOL Financial institution KBO Awards in Lotte Resort World, Seoul, Nov. 24. Yonhap The reigning Korean baseball batting champion will look to say a record-tying award this week, a yr after lacking out on nomination.Doosan Bears catcher Yang Eui-ji is favored to win his tenth profession Golden Glove when the Korea Baseball Group (KBO) hosts its annual award ceremony in Seoul on Tuesday.Regardless of the phrase “Glove” in its title, the award has typically favored offense over protection at each place apart from pitcher. The…

[ad_1] Individuals learn the candidates data at a polling station close to the location of the fireplace at Wang Fuk Courtroom within the Tai Po district throughout the Legislative Council Common Election in Hong Kong on Sunday. AP-YonhapHONG KONG — A few third of Hong Kong ‘s registered voters elected a brand new 90-member legislature Sunday, a turnout that averted a humiliation for the federal government however fell in need of a ringing endorsement of an electoral system revamp that eradicated the as soon as feisty opposition within the Chinese language territory.The turnout charge reached 31.9 %, surpassing the 30.2…

[ad_1] Dealing room at Hana Financial institution headquarters in central Seoul, Monday / YonhapKoreans shares opened decrease on Monday as traders sat on the sidelines forward of the U.S. Federal Reserve’s rate-setting assembly this week.The benchmark Korea Composite Inventory Worth Index (KOSPI) misplaced 8.31 factors, or 0.2 %, to 4,091.74 within the first quarter-hour of buying and selling.The 2-day Federal Open Market Committee assembly is ready to kick off on Tuesday (U.S. time), with market watchers broadly anticipating a 0.25 share level reduce.In Seoul, tech shares traded combined, with high market cap Samsung Electronics remaining unchanged from the earlier session…

[ad_1] President Lee Jae Myung speaks throughout a city corridor assembly held within the central metropolis of Cheonan, Dec. 5. YonhapPresident Lee Jae Myung is about to obtain a coverage briefing Monday from a presidential committee on balanced regional growth and focus on plans on the way to promote regional economies and ease financial imbalances, Lee’s workplace mentioned.The Presidential Committee for Decentralization and Balanced Improvement will current a personalized regional growth technique geared toward easing extreme focus within the Seoul metropolitan space and fostering new development drivers throughout the nation, the workplace mentioned.The technique envisions 5 regional hubs — the…

[ad_1] Residents posing for a photograph after transferring into new housing models in Pyongyang’s Hwasong district, April 27. Courtesy of Korean Central Information Company North Korea’s high-profile occasion challenge to construct 50,000 new housing models in Pyongyang has entered its remaining stage, state media reported Monday, because the nation is about to carry a common occasion assembly this month.”The fifth-stage building of 10,000 housing models within the Hwasong district is being carried out in its finalizing stage,” the Korean Central Information Company (KCNA) mentioned, citing inside work at the moment beneath manner on the buildings.The development is the ultimate leg…

[ad_1] Chung Jae-won of South Korea, left, stands on the rostrum after successful the silver medal within the males’s mass begin on the Worldwide Skating Union (ISU) Velocity Skating World Cup occasion at Thialf in Heerenveen, the Netherlands, Dec. 7 (native time). Courtesy of ISUKorean velocity skaters collected mass begin medals on the newest Worldwide Skating Union (ISU) World Cup cease within the Netherlands.Chung Jae-won claimed silver within the mass begin at Thialf within the Dutch metropolis of Heerenveen on Sunday (native time), with a time of seven:25.568. Jorrit Bergsma of the Netherlands completed first in 7:24.963, whereas one other…

[ad_1] Battery cells with the emblem of LG Power Answer are displayed on the firm headquarters in Seoul, South Korea, April 23, 2024. Reuters-YonhapKorean battery maker LG Power Answer Ltd. stated Monday it has signed a battery provide deal price 2.06 trillion gained (US$1.39 billion) with Mercedes-Benz AG.The provision, which can start in March 2028, will run by way of June 2035, LG Power Answer stated in a regulatory submitting.The amount accounts for 8 p.c of the corporate’s annual gross sales of 25.6 trillion gained in 2024.The batteries will probably be provided to North American and European markets, the corporate…

[ad_1] ST Pharm Government Vice President Choi Seok-woo delivers a featured presentation titled “The Resolution Supplier for RNA-Based mostly Therapeutics” at TIDES USA 2025, the world’s largest and most prestigious worldwide convention devoted to oligonucleotide and peptide therapeutics, held from Might 19 to 22 (native time) in San Diego, the US. (Picture courtesy of ST Pharm) ST Pharm is coming into one other progress section, using the wave of RNA therapeutics commercialization, in line with an evaluation from Mirae Asset Securities launched on Dec. 8.  The evaluation signifies that international companion firms’ FDA-approved product gross sales are increasing sooner than…

[ad_1] A rendered picture of SK Hynix’s Icheon Analysis and Improvement Middle (Picture courtesy of SK Hynix) Kiwoom Securities projected that SK Hynix will announce shock This fall efficiency outcomes, gaining a bonus within the reminiscence value upturn cycle led by excessive bandwidth reminiscence (HBM). The agency additionally forecasted that SK Hynix will generate working income near 18 trillion received in Q1 subsequent 12 months amid rising costs and rising demand. Kiwoom Securities launched an evaluation report on SK Hynix on Dec. 8, sustaining its goal inventory value on the present 730,000 received. Park Yu-ak, a Kiwoom…