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Daewoo Shipbuilding Develops AI-based Welding Quality Tester

Daewoo Shipbuilding Develops AI-based Welding Quality Tester

SEOUL, Nov. 24 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. said Tuesday it has developed an artificial intelligence (AI) welding quality monitoring robot for the first time in the shipbuilding industry. The robot inspects the welded parts of ships and offshore plants with a 3-D modeling program and carries out automated welding quality [...]

Japanese Breweries Attempt to Regain Foothold in S. Korea Through Price Cuts

Japanese Breweries Attempt to Regain Foothold in S. Korea Through Price Cuts

SEOUL, Nov. 24 (Korea Bizwire) — After going through a complete collapse amid the ‘No Japan’ boycott campaign in South Korea, Japanese breweries are striving to regain a foothold through price cuts. Lotte Mart, the hypermarket chain operated by Lotte Shopping, is now holding a promotional event selling four cans of Asahi beer that its [...]

Korean Firms Tighten Antivirus Measures over Resurgence of COVID-19

Korean Firms Tighten Antivirus Measures over Resurgence of COVID-19

SEOUL, Nov. 23 (Korea Bizwire) — South Korean firms are again beefing up their virus prevention measures after the country decided to enforce enhanced social distancing rules in the greater Seoul area over a resurgence of the novel coronavirus, industry insiders said Monday. Health authorities will start implementing the Level 2 distancing scheme, the third [...]

Retail Sales Up in Oct. on Pandemic, Promotional Events

Retail Sales Up in Oct. on Pandemic, Promotional Events

SEOUL, Nov. 23 (Korea Bizwire) — Retail sales in South Korea increased 8.4 percent in October from a year earlier on the back of the pandemic and consumption-boosting events, data showed Monday. The combined sales of 26 major offline and online retailers reached 12.01 trillion won (US$10.7 billion) last month, up from 11.08 trillion won [...]

Competition Heats Up Among Delivery Apps to Recruit Enough Drivers

Competition Heats Up Among Delivery Apps to Recruit Enough Drivers

SEOUL, Nov. 23 (Korea Bizwire) — Amid the expansion of the delivery service market resulting from the spread of the COVID-19 pandemic, competition is heating up among South Korean delivery apps to speed up their delivery services. To this end, major delivery apps are doubling efforts to recruit enough delivery drivers. In August, the nation’s [...]