Korea Bizwire, Author at Be Korea-savvy
‘Delivery Nation’ Makes Big Investment in AI

‘Delivery Nation’ Makes Big Investment in AI

SEOUL, March 7 (Korea Bizwire) –Delivery Nation, the top-ranked delivery app  in Korea, has begun to develop artificial intelligence (AI) for food menu recommendations. Woowa Brothers Corp., which operates Delivery Nation, announced that it will launch the industry’s first artificial intelligence project, dubbed ‘BaeMin-David’, and start developing related technologies such as an interactive robot (chatbot). [...]

Labor, Management, Municipalities Pull Together to Rescue Shipbuilding Industry

Labor, Management, Municipalities Pull Together to Rescue Shipbuilding Industry

GEOJE, March 7 (Korea Bizwire) –Companies, labor unions and municipalities are joining forces in a bid to revive a struggling industry and win orders for large shipyards in Geoje, South Gyeongsang Province.  According to shipbuilding industry watchers and Geoje on Mar 6, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries, which suffered a [...]

China’s ‘Unreasonable’, ‘Inappropriate’ Retaliation over THAAD

China’s ‘Unreasonable’, ‘Inappropriate’ Retaliation over THAAD

SEOUL, Mar. 3 (Korea Bizwire) – The threat of retaliation by China is increasing with the conclusion of a land swap deal between the Ministry of National Defense of Korea and Lotte Group crucial to implementation of high-altitude missile defense system (THAAD), and the subsequent acceleration of plans to deploy the American missile battery on [...]

KFTC Imposes Sanctions in Military Food Service Collusion Case

KFTC Imposes Sanctions in Military Food Service Collusion Case

SEOUL, Mar. 3 (Korea Bizwire) – A total of 19 food companies accused of colluding to fix prices for, military food services are on a collision course with government authorities. On March 2, the Korea Fair Trade Commission (KFTC) announced that it had imposed cumulative penalties of 33.5 billion won on 19 companies, including Dongwon Home [...]