A group of researchers at Yonsei University have found that even if the concentration level of greenhouse gases in the atmosphere is reduced to that of the pre-industrial era, it will be difficult to restore the climate’s condition to its original state. According to Yonsei University on Friday, an in-house research team led by atmospheric sciences professor An Soon-il developed the world’s firs...

Naver Z, the South Korean IT giant’s subsidiary that runs the Zepeto metaverse platform, has joined hands with Thailand’s largest telecommunication services provider to expand the virtual world’s ecosystem in the Southeast Asian nation, Naver said Thursday. Naver Z and True Corp. signed a memorandum of understanding for a strategic partnership between the two firms at True’s Bangkok office on We...

South Korea will begin embedded subscriber identity module, known as eSIM, services from Thursday, allowing Koreans to have two different numbers in one mobile device, the Ministry of Science and ICT said Wednesday. The eSIM service, an upgrade from the universal subscriber identity module, is based on downloading the electronic profile of subscribers to each device. Therefore, it does not requi...

HIT2, a recently-launched massively multiplayer online role playing game developed by South Korean game developer Nexon, is looking to change the nature of how MMORPGs are played by offering players chances to revise the playing rules. According to Nexon, HIT2 players get to vote on the rules of their game server under the name of “Altar of the Coordinator” each week. Players can obtain their vo...

SK Group Chairman Chey Tae-won recently discussed metaverse cooperation with Naver CEO Choi Soo-yeon in bidding efforts to host the World Expo 2030 in Busan, according to industry sources Tuesday. Chey visited Naver’s recently-built headquarters 1784 in Pangyo, Gyeonggi Province, to meet the IT giant’s leader last month. The exact date of his visit was undisclosed as the visit and the meeting to...

Researchers have developed the world’s first electroceutical technology that can be used to treat the Charcot-Marie-Tooth disease, the Daegu Gyeongbuk Institute of Science and Technology said Tuesday. CMT disease is a group of inherited disorders that cause nerve damage. Its common symptoms are weakness in the legs and feet, loss of muscle bulk and curled toes. Although CMT is one of the most co...

Kim Dong-kwan, the eldest son of Hanwha Group Chairman Kim Seung-youn, has been tentatively promoted to the group’s vice chairman as he is expected to take on a bigger role in the group’s management, Hanwha Group said Monday. The decision came about a year after the 38-year-old became the CEO of Hanwha Solutions, the group’s company with business areas in multinational energy services, petrochem...

Data from market intelligence firm FnGuide showed Monday that 885 officials at companies listed on the Korean stock market were paid 500 million won ($370,000) or higher in the first half of this year, up 13.3 percent from 781 people in the same period last year. According to FnGuide’s data, the total amount of the officials’ remuneration logged 1.23 trillion won, a 5.2 percent increase on year....

Lotte Group, South Korea’s fifth largest conglomerate, has decided to donate 14 billion won ($10.4 million) to the Korea Advanced Institute of Science and Technology for various research and development efforts, officials said Monday. The announcement came about half a year after Lotte Group Chairman Shin Dong-bin met KAIST President Lee Kwang-hyung at the university in Daejeon, South Chungcheon...

Amid the importance of renewable electricity highlighted in global supply chains, 28.8 percent of large South Korean manufacturers are facing pressure from global buyers to use renewable energy in the production process, a survey from the Korea Chamber of Commerce and Industry showed Sunday. Regarding the requested timeline by the global buyers, the survey showed that 33.3 percent of South Korea...

Apple Maps, iPhone’s built-in map application, was found to have no labeling of the Dokdo islets in over 20 countries across the world, a South Korean professor claimed on Thursday. Seo Kyoung-duk, a general education professor at Sungshin Women’s University, wrote in a post on his social media accounts that iPhone’s built-in map application in 22 countries had no recognition of South Korea’s ea...

Lotte Chemical has emerged as the sole bidder in the sale of South Korea’s second-largest copper foil manufacturer Iljin Materials, according to a local report Wednesday. Global private equity fund operators and foreign strategic investors have pulled out during the bidding process due to Iljin Materials’ high prices and rate hikes, leaving Lotte Chemical as the only bidder, the Herald Business ...

SK Networks has invested 4 billion won ($3 million) in Com2Verse, a metaverse-specialized subsidiary of South Korean game developer Com2uS, to explore business opportunities in the world of metaverse, officials said Tuesday. The two companies signed a memorandum of understanding to join forces in setting up and strengthening a metaverse ecosystem. The signing ceremony took place in the Com2Verse...

Celltrion has opened a research and development office in Boston to speed up its new drug development efforts in the US while seeking and boosting cooperation with other firms, company officials said Monday. According to company officials, the South Korean biopharmaceutical giant completed the establishment of the Boston office earlier this year. The new US office has been exploring the biotechn...