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2024.03.03 18:33
By Park Si-sooSouth Korea's emergence as a significant player in the global space arena showcases its impressive advancements in space exploration, technology, and research. Despite initiating its space endeavors later than some established counterparts, the nation has rapidly progressed in this fie
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2024.03.03 18:27
By Park Si-sooSouth Korea's emergence as a leading force in the global space race has been marked by significant achievements and strategic goals, reflecting the nation's dedication to space exploration and technology. Beginning its journey in the 1990s, South Korea's space program has rapidly advan
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2024.01.12 09:38
By Park Si-sooThe second trial verdict in the case of Ham Young-joo, chairman of Hana Financial Group, over the overseas interest rate-linked derivative fund (DLF) scandal is scheduled to be announced on January 25. In the first trial, the court ruled in favor of the financial authorities, finding t
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2023.11.16 13:28
By Park Si-sooOn Nov. 13, the United States and South Korea held the annual U.S.-South Korea Security Consultative Meeting (SCM) in Seoul, the highest-level defense meeting between the two countries. Below are space-related highlights from the joint statement.The two sides expressed strong condemnat
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2023.11.13 15:00
By Park Si-sooSeoul, November 8, 2023 – The Republic of Korea (ROK), the United States, and Japan held a trilateral dialogue on space security in Seoul on November 8, 2023.The dialogue, which was held in accordance with the Leaders’ Joint Statement released on August 18, 2023, focused on issues rela
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2023.11.13 13:10
By Park Si-sooThe US and Indian Defense and Foreign Ministers met in New Delhi on November 10 to discuss ways to strengthen bilateral ties and address international challenges.The following is a summary of the space-related content from the joint statement: The Ministers reaffirmed their commitment
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2023.11.11 09:23
By Park Si-sooSouth Korea's military plans to launch its first domestically-built reconnaissance satellite on November 30, the Defense Ministry announced on Monday. The satellite will be launched on a SpaceX Falcon 9 rocket from Vandenberg Space Force Base in California.The launch is part of a proje
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2023.11.01 16:31
By Park Si-sooSouth Korea's science ministry announced on October 30, 2023 that its project to develop the nation's first robotic lunar lander has passed through a preliminary feasibility study and will officially begin development next year.The project, worth 530 billion won ($392.9 million), aims
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2023.11.01 16:27
By Park Si-sooSouth Korea’s President Yoon Suk-yeol recently visited Saudi Arabia, where he explored the latter’s advancements in the digital economy, innovation, and space sector.Hosted at “The Garage” innovation hub by Saudi Minister of Communications and Information Technology Abdullah Al-Swaha,
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2023.08.24 17:03
[산경투데이 = 박시수 우주산업 전문기자] North Korea said Aug. 24 its second attempt to launch a spy satellite ended in failure due to an “error in the emergency blasting system” during the third-stage flight.The failed launch came about three months after the nation’s first attempt failed in May, when the new carrier rocket Chollima-1 crashed into the sea soon after liftoff
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2023.08.19 09:54
By Park Si-soo North Korea is poised to make a second attempt at launching a spy satellite into orbit in “late August or early September,” according to South Korea’s spy agency.The first endeavor in May ended in failure after the carrier rocket’s second stage malfunctioned.The National Intelligence
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2023.08.15 08:27
By Park Si-soo South Korea and the United States will soon conduct one of their biggest military exercises of the year to improve their ability to respond to North Korea’s nuclear and missile threats.The annual Ulchi Freedom Shield (UFS) training will start Aug. 21 and run through Aug. 31 based on scenarios that reflect evolving security situations, the Joint Chiefs of Staff (JCS) announced Aug.
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2023.07.29 16:57
By Park Si-soo India successfully launched seven Singaporean satellites into low Earth orbit July 29 on its workhorse PSLV rocket.It was the nation’s sixth orbital launch of the year, which were all successful, and occurred two weeks after the launch of Indian robotic lunar lander, Chandrayaan-3, wh
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2023.07.03 08:55
By Park Si-soo SEOUL, July 1 (Sankyung Today) -- Boryung, a South Korean health care company, has launched a global space initiative. The initiative, named Humans in Space (HIS), aims to advance human activities in space and has brought together industry-leading partners, including Axiom Space and M
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2023.05.30 20:28
By Steve Yoon North Korea announced that it will launch its first military spy satellite in June in order to monitor U.S. military activity in real time. In a statement carried by the North's official Korean Central News Agency, a ranking official of the communist country said the North's planned satellite launch is an "indispensable" act to strengthen war preparedness. Ri Pyong Chol, vice-ch
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2023.05.19 10:14
By Park Si-soo SEOUL, May 19 (Sankyung Today) -- Massage chair maker Bodyfriend faces its biggest crisis since its founding in 2007. Revenue felllast year, and operating profit plummeted by 65% compared to the previous year. The company lost its top spot in the home healthcare industry, ranked byrevenue, to its rival Ceragem. Even worse, the two private equity firmsthat jointly acquired Body
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2023.05.17 10:36
By Park Si-soo SEOUL, May 17 (Sankyung Today) -- LG Energy Solution has established asubsidiary in Delhi, India, to manufacture and sell light electric vehicle(LEV) battery packs and cells for the domestic market. This move marks the company's latesteffort to expand its business worldwide. Last month, LG Energy Solutionpartnered with Japan's Honda Motor to produce lithium-ion batteries f
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2023.05.16 09:32
By Park Si-soo SEOUL, May 16 (Sankyung Today) -- The science ministry of South Korea has officially granted registration to Starlink Korea, a subsidiary of the American space company SpaceX, as a common telecommunications business. The announcement, made on May 12, comes after an evaluation of SpaceX's financial status, technical capabilities, and plans for user protection, in accordance with the
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2023.05.15 13:54
By Park Si-soo SEOUL, May 15 (Sankyung Today) -- A nizatidine-based drug produced by Dongkuk Pharmaceutical has been found to contain NDMA (N-nitrosodimethylamine), prompting food and drug authorities to issue a recall. The Ministry of Food and Drug Safety (MFDS) has announced that it has recalled some manufacturing numbers of Dongkuk's Nizatin Capsules as a precautionary measure due to the exce
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2023.05.09 12:35
By Steve Yoon Two male reporters working for JTBC have been fired for sexual harassment scandal. The reporters of JTBC, a cable network, were accused of having assaulted two other female reporters while they were on business trip to Mongolia. The TV station was said to fire them as the reporters undermined its credibility due to the sexual scandal. However, one of the reporters, surnamed Jeon, pla
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2023.05.09 10:20
By Park Si-soo SEOUL, May 9 (Sankyung Today) -- Hyundai Mobis, an automobile parts affiliate of Hyundai Motor Group, is making waves in the automotive industry with its groundbreaking technologies that could revolutionize the future of driving. The latest development from Hyundai Mobis is the world'