Kim Na-young

South Korea

Staff Writer at Yonhap News Agency (Korean)

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Articles

Gov't to spend 463.5 bln won on supporting R&D projects of mid-sized export companies

19 hours ago | en.yna.co.kr | Kim Na-young

SEOUL, April 24 (Yonhap) -- The government will invest 463.5 billion won (US$324.7 million) by 2033 in research and development (R&D) projects led by medium-sized companies with export potential, the industry ministry said Thursday. Under the plan, the Ministry of Trade, Industry and Energy has designated 10 R&D projects on cutting-edge technologies that will receive government funding. The technologies include future mobility, advanced manufacturing, energy and rechargeable batteries.
Seoul to discuss cooperation with U.S. in shipbuilding, energy at trade consultation: minister

1 day ago | en.yna.co.kr | Kim Na-young

SEOUL, April 23 (Yonhap) -- South Korea will discuss ways to bolster the country's cooperation with the United States in the shipbuilding and energy sectors at the upcoming bilateral "2+2 trade consultations," Seoul's top trade official said Wednesday.
S. Korea opens 1st OLED display parts testing center

1 day ago | en.yna.co.kr | Kim Na-young

SEOUL, April 23 (Yonhap) -- South Korea's first organic light-emitting diode (OLED) display parts testing center opened Wednesday in South Chungcheong Province, as part of efforts to boost the competitiveness of the country's display materials industry, the Ministry of Trade, Industry and Energy said.
S. Korea to apply AI technology in retail businesses for productivity innovation

1 day ago | en.yna.co.kr | Kim Na-young

SEOUL, April 23 (Yonhap) -- South Korea will work to apply artificial intelligence (AI) technology in retail businesses as part of efforts to enhance the productivity of the highly competitive sector, the industry ministry said Wednesday. A new alliance of some 40 retail and AI companies was set to be launched later in the day to this end, according to the Ministry of Trade, Industry and Energy.
S. Korea to build smart farm in Saudi Arabia before year's end

2 days ago | en.yna.co.kr | Kim Na-young

SEOUL, April 22 (Yonhap) -- A South Korean consortium will construct a smart farm in Saudi Arabia by December for pilot operation, Seoul's agriculture ministry said Tuesday. The 2,000-square-meter smart farm will be built in Riyadh and utilize various agricultural technologies, including advanced farming robots and environmental control solutions, according to the Ministry of Agriculture, Food and Rural Affairs.
Seoul shares snap 3-day rise amid Trump uncertainties

2 days ago | en.yna.co.kr | Kim Na-young

SEOUL, April 22 (Yonhap) -- South Korean stocks snapped their three-day rise Tuesday on heightened uncertainties ahead of Seoul's tariff negotiations with Washington later this week. The Korean won was trading higher against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) lost 1.78 points, or 0.07 percent, to close at 2,486.64, ending its three-day losing streak.
(LEAD) Finance minister says will work to resolidify S. Korea-U.S. alliance

2 days ago | en.yna.co.kr | Kim Na-young

(ATTN: ADDS more info in last 4 paras, photo) SEOUL, April 22 (Yonhap) -- Finance Minister Choi Sang-mok said Tuesday that his upcoming trade talks with the Donald Trump administration will help pave the way for renewed discussions on strengthening the South Korea-U.S. alliance.
S. Korea to build biggest-ever offshore wind power cluster by 2033: ministry

2 days ago | en.yna.co.kr | Kim Na-young

SEOUL, April 22 (Yonhap) -- South Korea will create its biggest-ever offshore wind power cluster by 2033 as part of efforts to expand its use of renewable energy, the industry ministry said Tuesday. The envisioned wind farm will be built in waters off Sinan, some 300 kilometers southwest of Seoul in South Jeolla Province, consisting of 10 wind power complexes with a combined production capacity of 3.2 gigawatts (GW), according to the Ministry of Trade, Industry and Energy.
Over 3,000 tariff inquiries filed with gov't amid trade uncertainties

2 days ago | en.yna.co.kr | Kim Na-young

SEOUL, April 22 (Yonhap) -- The government has received more than 3,000 consultation inquiries related to the United States' tariff policies from South Korean companies amid heightened trade uncertainties, the industry ministry said Tuesday. Of the cases, 68 percent were about tariffs, 7 percent about breaking into alternative markets and 4 percent about relocating manufacturing bases, according to the Ministry of Trade, Industry and Energy.
S. Korea opens new, largest research center for rechargeable batteries in Cheongju

2 days ago | en.yna.co.kr | Kim Na-young

SEOUL, April 22 (Yonhap) -- South Korea's biggest rechargeable battery research center opened Tuesday in the central city of Cheongju with an aim of enhancing the global competitiveness of local businesses in the sector, the industry ministry said.