SEOUL, Aug. 28 (Korea Bizwire) — Hyundai Mobis, the auto parts arm of Hyundai Motor Group, said Tuesday it will enter the automotive semiconductor and robotics markets as part of an effort to secure new growth engines beyond its traditional mobility business. At its annual CEO Investor Day in Seoul, the company outlined a dual-track [...]
BUSAN, Aug. 27 (Korea Bizwire) — The 2025 World Climate Industry Expo (WCE) kicked off in South Korea on Wednesday under the theme “Energy for AI and AI for Energy,” showcasing cutting-edge energy technologies and fostering discussions on the role of energy in the era of artificial intelligence (AI) among global energy leaders, the energy [...]
SEOUL, Aug. 25(Korea Bizwire) — LG CNS, the IT services arm of South Korea’s LG Group, unveiled a new ecosystem of so-called “agentic artificial intelligence” designed to streamline corporate operations and improve productivity. At a media event in Seoul on Monday, Chief Executive Hyun Shin-gyun introduced AgenticWorks, a modular full-stack platform, alongside a:xink, an AI-driven [...]
SEOUL, Aug. 22 (Korea Bizwire) — South Korea is fast-tracking efforts to develop on-device artificial intelligence (AI) semiconductors, critical components for autonomous vehicles, collaborative robots, and unmanned aerial systems, as part of a broader push to secure technological sovereignty and industrial competitiveness. The Ministry of Trade, Industry and Energy said Friday that a state panel [...]
SEOUL, Aug. 22 (Korea Bizwire) — The new Lee Jae Myung administration aims to integrate private firms and the public sector, as well as all other sectors of society, with artificial intelligence (AI) to achieve what it calls a “super-innovation economy,” the government said Friday. Unveiling its five-year economic development blueprint, the government said private [...]
DAEJEON, Aug. 19 (Korea Bizwire) – A South Korean research team has developed a novel AI-powered image sensor inspired by the human brain’s neural architecture, capable of recognizing visual information under extreme lighting conditions without the need for retraining or additional data correction. According to the National Research Foundation of Korea, the joint research team, led [...]
SEOUL, Aug. 19 (Korea Bizwire) — More than half of South Korean workers are now using generative artificial intelligence (AI) tools on the job, potentially contributing to a significant uptick in national productivity, according to a new report released by the Bank of Korea on Monday. The report, titled “Rapid Expansion of AI and Its [...]
SEOUL, Aug.11 (Korea Bizwire) – In a stark contrast to SK Telecom’s sharp decline, KT and LG U+ posted strong financial results for Q2 2025, despite the ongoing challenges in the telecom sector. SK Telecom’s operating profit dropped by 37.1% year-on-year, falling to 338.3 billion won, largely due to the aftermath of a major hacking [...]
SEOUL, Aug. 7 (Korea Bizwire) — HD Hyundai Co. and Korean Air Co. on Thursday announced separate agreements with U.S. defense technology firm Anduril Industries Inc. to jointly develop unmanned defense platforms, in a push to expand their presences in the field of military systems based on artificial intelligence (AI). HD Hyundai, a South Korean [...]
SEOUL, Aug. 7 (Korea Bizwire) — Samsung Electronics has secured two major deals with global tech giants Tesla and Apple, signaling a potential turnaround for its long-struggling System LSI and foundry divisions. The company recently landed a record-breaking 23 trillion won ($16.5 billion) order from Tesla, followed by confirmation that it will begin supplying image [...]