SEOUL, Sept. 17 (Korea Bizwire) — Hwang Jae-min checks out his smartphone apps several times a day to search for new homes up for sale so he can move to another house. When the 41-year-old bought a three-room flat in Yongin, a satellite city south of Seoul, six years ago, he called several real estate [...]
SEOUL, Aug. 23 (Korea Bizwire) — Amid a recent surge in the number of disputes over noise between floors resulting from the COVID-19 pandemic, which has prompted most Koreans to spend more time at home, construction companies are moving heaven and earth to develop technology that can reduce noise between floors. DL E&C Co. and [...]
SEOUL, July 22 (Korea Bizwire) — Hyundai Engineering & Construction Co., a major builder in South Korea, said Wednesday that in collaboration with Hyundai Motor Group, it will introduce a ‘Home to Car – Car to Home’ service using built-in sound recognition devices. The service uses Hyundai E&C’s ‘Voice Home’ built-in sound recognition system that [...]
SEOUL, July 14 (Korea Bizwire) — Artificial intelligence (AI) technology is increasingly being employed in a wide range of areas in the construction industry. Major South Korean builder DL E&C Co. recently developed and filed a patent application for AI design technology in which AI automatically produces about 1,000 different types of design drawings for [...]
SEOUL, July 7 (Korea Bizwire) — South Korean real estate investment trusts (REITs) saw their assets jump nearly 22 percent in 2020 from a year earlier amid a robust property market, government data showed Wednesday. A total of 282 REITs had some 63 trillion won (US$55.5 billion) in combined assets as of the end of [...]
SEOUL, June 24 (Korea Bizwire) — Hyundai Engineering & Construction Co., a major South Korean builder, is set to introduce construction robotics technology using unmanned robots for its construction sites. The company recently held a demonstration ceremony for its construction robotics technology at its research center in Seongnam, Gyeonggi Province. During the demonstration ceremony, a [...]
SEOUL, June 10 (Korea Bizwire) — Samsung Engineering Co., a plant construction unit of Samsung Group, said Wednesday that it had developed a next-generation three-dimensional printing technology for construction and succeeded in building a structure using the technology. The company started developing the technology from late last year and succeeded in developing the 3D printing [...]
SEOUL, June 8 (Korea Bizwire) – Interior design and home remodeling companies are vying to lure more skilled workers since the demand for renovation and remodeling has grown sharply since the outbreak of the coronavirus. In the past, home interior work could start as soon as five days after customers placed an order for furniture [...]
SEOUL, June 4 (Korea Bizwire) — SK ecoplant Co., a leading South Korean builder formerly known as SK Engineering & Construction Co., has launched a drive to strengthen its waste management business by investing about 400 billion won (US$357 million) to acquire four waste processing companies. The company disclosed on Thursday that it had signed [...]
SEOUL, May 14 (Korea Bizwire) — POSCO Engineering & Construction Co., an affiliate of POSCO, South Korea’s top steelmaker, plans to deploy a walking robot for safety management during tunnel construction. The company said Thursday that it had decided to use a walking robot mounted with LiDAR and a high-performance camera to examine construction errors [...]