SEOUL, Apr. 5 (Korea Bizwire) — Hanwha Aerospace Co., a South Korean defense company, said Friday it will focus on the defense and aviation business after spinning off two affiliates by September. Hanwha Aerospace will spin off its two wholly owned units — artificial intelligence solutions firm Hanwha Vision and semiconductors equipment maker Hanwha Precision [...]
DAEJEON, Apr. 5 (Korea Bizwire) – The Korea Forest Service has announced plans to distribute “STEP-UP,” a wearable firefighting robot equipped with GPS, in areas along the eastern coast that are highly susceptible to large forest fires. With an investment of 200 million won, the STEP-UP project aims to boost the safety and firefighting capabilities of [...]
SEOUL, Apr. 4 (Korea Bizwire) — A South Korean Army sniper team will participate in an international sniper competition in the United States this month for the first time, the South’s Army said Thursday. The team of three Army commandos of the 1st Corps and an interpreter will take part in the weeklong 2024 International [...]
ULSAN, Apr. 4 (Korea Bizwire) — South Korean shipbuilder HD Hyundai Heavy Industries Co. on Thursday delivered a 3,000-ton diesel submarine to the Navy, which will serve as a key asset to deter threats posed by North Korea. The submarine, named after famous Korean independence activist Shin Chae-ho (1880-1936), was delivered to the Navy at [...]
SEOUL, Apr. 1 (Korea Bizwire) – The defense ministry on Monday established a research center aimed at overseeing artificial intelligence (AI) development in the defense sector as part of efforts to introduce advanced technologies to the military. A founding ceremony for the Defense AI Center took place at the state-run Agency for Defense Development in [...]
SEOUL, Mar. 27 (Korea Bizwire) – South Korea’s military seeks to acquire around 60 small and micro-sized spy satellites by 2030, a source said Wednesday, amid efforts to bolster independent monitoring capabilities against North Korean threats. The military plans to launch around 10 to 20 small-sized reconnaissance satellites and some 40 microsatellites after acquiring five [...]
SEOUL, Mar. 26 (Korea Bizwire) — The Navy held a remembrance ceremony Tuesday for sailors who were killed during the 2010 sinking of the Cheonan corvette by a North Korean torpedo attack in the Yellow Sea. The 1,200-ton warship sank near the western Northern Limit Line (NLL), a de facto inter-Korean sea border, in March [...]
WASHINGTON, Mar. 25 (Korea Bizwire) — The United States on Monday reiterated the importance of dialogue with North Korea, after Pyongyang claimed Japanese Prime Minister Fumio Kishida has expressed his intention for a summit with North Korean leader Kim Jong-un. Kim Yo-jong, the influential sister of the North Korean leader, said that Kishida recently made [...]
WASHINGTON, Mar. 25 (Korea Bizwire) — U.S. think tank experts floated the idea Monday of the United States tapping into South Korea’s 105 millimeter munitions stockpile to support Ukraine’s fight against Russia, as Kyiv urgently needs artillery ammunition supplies in the ongoing war of attrition. Mark Cancian, a senior adviser at the Center for Strategic [...]
SEOUL, Mar. 25 (Korea Bizwire) — South Korea plans to launch its second military satellite in early April, the defense ministry said Monday, under a project to launch five satellites to better monitor North Korea. South Korea launched the first surveillance satellite using SpaceX’s Falcon 9 rocket from a U.S. military base in California last [...]