SEOUL, April 22 (Korea Bizwire) — HD Hyundai Electric Co., a South Korean electrical equipment maker, said Tuesday its first-quarter net profit jumped 64 percent from a year earlier on strong demand for its products in the United States. Net profit for the three months ended March 31 rose to 153.4 billion won (US$107.9 million) [...]
SEOUL, April 21, (Korea Bizwire) — LG Display announced Monday that it has developed and deployed its own artificial intelligence assistant — the first of its kind in the display industry — to streamline internal workflows and improve productivity. The AI assistant service, which debuted in early 2025, is designed to support individual productivity through [...]
DAEJEON, South Korea, April 19 — A research team at the Korea Advanced Institute of Science and Technology (KAIST) has proposed a groundbreaking approach using artificial intelligence to design enzymes that do not exist in nature — a move that could transform the future of bioengineering and industrial biotechnology. According to KAIST’s announcement on April [...]
SEOUL, April 17, (Korea Bizwire) — As artificial intelligence continues to transform societies, a new report reveals that AI-related negative incidents—ranging from deepfake pornography to suicide-linked chatbots—surged to a record high last year. Meanwhile, South Korea saw a decline in its global AI investment ranking, even as the number of domestically funded AI startups increased. [...]
DAEGU, South Korea, April 14 (Korea Bizwire) — In a fourth-grade English class at Yonggye Elementary School in Daegu’s Dalseong County, a young student taps the play button on her tablet. “I am thirsty,” the screen reads. Her pronunciation of “I am” earns a 65; “thirsty” gets a perfect 100. Without a word from the teacher, she [...]
SEOUL, April 11 (Korea Bizwire) — The Korea Exchange announced Friday that it will list three exchange-traded funds (ETFs) on April 15, 2025, all focused on companies involved in the development of humanoid robots. The funds, managed by Samsung Asset Management, KB Asset Management, and Hanwha Asset Management, mark a growing investor interest in next-generation [...]
SEOUL, April 11 (Korea Bizwire) — The chief executive officer (CEO) of Krafton Inc. has met with Nvidia Corp. CEO Jensen Huang in the United States to discuss cooperation in artificial intelligence (AI) in gaming and robotics, the South Korean gaming company said Friday. Krafton CEO Kim Chang-han met with Huang at Nvidia’s headquarters in [...]
DAEJEON, South Korea, April 11 (Korea Bizwire) — South Korean researchers have developed a breakthrough technology capable of predicting landslide and debris flow risks within two and a half hours following extreme rainfall—offering critical lead time for evacuations, particularly in wildfire-damaged mountain regions. The Korea Institute of Geoscience and Mineral Resources (KIGAM) announced Thursday that [...]
SEOUL, April 11 (Korea Bizwire) — As global tech giants intensify efforts to dominate the humanoid robotics race, South Korea has launched a national consortium of over 40 universities, research institutions, and companies with the goal of becoming a global leader in humanoid technology by 2030. The Ministry of Trade, Industry and Energy (MOTIE) announced [...]
SEOUL, April 10 (Korea Bizwire) — Hyundai Engineering & Construction announced Thursday the launch of South Korea’s first in-apartment meditation booths designed exclusively for individual use, a move aimed at enhancing mental wellness and emotional stability among residents. Branded as the H Calming Booth, the new feature will debut at Hillstate Homeasil, a Hyundai apartment [...]