SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ -- Fibocom (Stock code: 300638), a global leading provider of IoT (Internet of Things) wireless solutions and wireless communication modules presented its cutting-edge wireless modules and solutions at the AIoT Korea Exhibition, the premier specialized IoT event in Korea. Marking its first presentation in South Korea, Fibocom emphasized its comprehensive capabilities across key sectors, including Fixed Wireless Access (FWA), Industrial IoT (IIoT),

The state-run Defense Acquisition Program Administration on Monday announced its bid to make 150 new K2 tanks' power packs -- which comprise a 1,500-horsepower engine and transmission -- fully homegrown. The tanks with South Korean-made 1,500-horsepower engines and gear shifts will be manufactured by 2028, according to the plan. A notable change in the manufacturing plan, according to DAPA, is the adoption of a transmission system produced by a South Korean company SNT Dynamics. Currently,

South Korean retail and finance company TGS Holdings announced Tuesday that it has signed a memorandum of understanding with Philippines-based Glyphstudios to expand e-commerce and mobile payment services in the Southeast Asian market. As part of the agreement, TGS Holdings will launch a subsidiary called Woori Ventures Group to oversee its e-commerce operations in the Philippines. This deal, finalized last Wednesday with one of the Philippines’ largest mobile services and content provider

이번 회에는 저희 책 Advanced Vocab에서 소개한 중상급 영단어들을 알려드립니다. 단어의 우리말 뜻을 기억하는 데에 그치지 않고, 난이도 있는 단어를 실제로 활용하는 단계까지 나아가 보기 바랍니다. 〈파괴, 대규모피해〉 1. decimate [désəmèit] 대량 살상하다 decimate의 deci-는 decade(10년)처럼 10을 뜻한다. 10명 중에 1명을 임의로 뽑아 사형시키던 처형 방식에서 유래한 단어로, ‘대량 살상하다’, ‘파괴시키다’, ‘피폐하게 하다’라는 뜻을 지닌다. The typhoon decimated the region's fishing industry and, as a result, left many people without jobs. 태풍으로 그 지역의 수산업이 큰 타격을 입어 많은 사람들이 일자리를 잃었다. ● 새 공항을 건설하면

South Korean stocks rose more than 1 percent to hit a two-week high Monday led by a sharp rebound in top-cap Samsung Electronics shares. The Korean won gained against the US dollar. The benchmark Korea Composite Stock Price Index rose 29.16 points, or 1.13 percent, to 2,612.43, marking the highest closing price since Oct. 15 when the bourse finished at 2,633.45. Trade volume was slim at 327.6 million shares worth 9 trillion won ($6.5 billion), with winners outnumbering losers 615 to 271. Institu

LG Energy Solution will tighten its belt next year to cope with uncertain market conditions due to the slowing growth of the electric vehicle sector, the Korean battery maker said Monday as it announced its third-quarter earnings. The company posted 6.88 trillion won ($4.97 billion) in sales in the third quarter of this year, down 16.4 percent on year. Its operating profit was 448.3 billion won, down 38.7 percent on year. The company would have logged a quarterly operating loss of 17.7 billion

North Korea lambasted South Korea and the United States on Saturday for staging a joint air exercise, accusing Washington of driving the Korean Peninsula into an "uncontrollable" situation. The Freedom Flag exercise kicked off this week to run through next Friday, with the air forces of South Korea and the US, as well as Australia, participating. The two-week joint drill, which is taking place for the first time, replaces regular large-scale air exercises between South Korea and the

The annual Sacheon Airshow, a major air show in the country's southern region, kicked off Thursday with an opening ceremony featuring flybys by the Air Force’s Black Eagles aerobatic team. Co-hosted by the South Korean Air Force, Sacheon city government and Korea Aerospace Industries, the four-day air show is held at an air base in Sacheon, South Gyeongsang Province. Spectators can enjoy the showcase of military aircraft, including demonstration flights of the homegrown KF-21 fighter

Seoul shares opened higher Friday following tech gains on Wall Street, although investors remained concerned about a potential slower pace of the Federal Reserve's rate cuts. The benchmark Korea Composite Stock Price Index rose 25.4 points, or 0.98 percent, to 2,606.43 in the first 15 minutes of trading. Overnight, US stocks ended mixed. The Dow Jones Industrial Average fell 0.33 percent to 42,374.36, while the tech-heavy Nasdaq Composite rose 0.76 percent to 18,415.49. In Seoul, tech stock

For South Koreans seeking information online, all signs point to Namuwiki. The home-grown open-source encyclopedia has emerged as the country’s go-to knowledge hub, offering a more casual and community-driven alternative to Wikipedia. Boasting over 6.5 million entries that span everything from academic discourse to pop culture, it ranked as the nation's fifth most visited domain as of September, according to web analytics firm SimilarWeb. Operating through servers in Paraguay, Namuwik

Seoul shares closed lower Thursday on tech losses amid concerns over weak economic growth and diminishing expectations for Federal Reserve rate cuts. The Korean won, however, snapped its 8-day losing streak against the U.S. dollar. The benchmark Korea Composite Stock Price Index fell 18.59 points, or 0.7 percent, to close at 2,581.03. Trade volume was moderate, with 336.43 million shares worth 9.47 trillion won ($6.9 billion) changing hands, and losers outnumbering gainers 613 to 256. Institutio

Seoul shares opened lower Thursday, tracking losses on Wall Street amid concerns over a slower pace of the US Federal Reserve's rate cuts. The benchmark Korea Composite Stock Price Index fell 8.92 points, or 0.34 percent, to 2,590.70 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average fell 0.96 percent to 42,514.95, while the tech-heavy Nasdaq Composite declined 1.6 percent to 18,276.65. In Seoul, large-cap stocks were mixed. Market bellwether Samsung Electronics

Seoul shares closed higher Wednesday on tech and auto gains amid concerns over a possible slower pace in the Federal Reserve's rate cuts. The Korean won continued to slip against the US dollar. The benchmark Korea Composite Stock Price Index rose 28.92 points, or 1.1 percent, to close at 2,599.62. Trade volume was moderate at 345.96 million shares worth 9.25 trillion won ($6.7 billion), with gainers outpacing losers 448 to 408. Institutions and foreigners bought a combined 510 billion won w

Seoul shares opened higher Wednesday on retail buying, though investors remain cautious due to concerns over a slower pace of the Federal Reserve's rate cuts. The benchmark Korea Composite Stock Price Index (Kospi) rose 3.53 points, or 0.14 percent, to 2,574.23 in the first 15 minutes of trading. Overnight, US stocks closed mixed. The Dow Jones Industrial Average fell 0.02 percent to 42,924.89, while the tech-heavy Nasdaq Composite rose 0.18 percent to 18,573.13. In Seoul, large-cap stocks

Hyundai Motor India made a monumental debut on the Indian stock market, marking the largest initial public offering in India’s history and the first overseas subsidiary of a Korean company to go public in global markets. Hyundai Motor Group Executive Chair Chung Euisun and key executives, including Chang Jae-hoon, president and CEO of Hyundai Motor Company; Kim Un-soo, vice president of Hyundai Motor India; Tarun Garg, chief operating officer at Hyundai Motor India; and some 250 people fro