SEOUL, Oct. 7 (Korea Bizwire) — As Japan confronts the strains of a rapidly aging population with robots and digital care technologies, a new report is urging South Korea to follow suit and invest in “Age-tech” — a burgeoning industry combining artificial intelligence, robotics, and ICT to support the elderly. According to a study released [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea will develop its own next-generation Advanced Air Vehicle (AAV) capable of low-noise, eco-friendly, vertical and short takeoff and landing, aiming for a maiden flight in 2030 and mission demonstrations in 2031, the national space and aerospace agency said Thursday. The Korea Aerospace Administration unveiled the plan during [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea has established its first national body dedicated to advancing organoid technology, marking a significant step toward standardizing and commercializing the field amid growing global demand for alternatives to animal testing. The K-Organoid Consortium, officially launched on August 13 at The Westin Josun Seoul, brings together 27 companies [...]
DAEJEON, Aug. 13 (Korea Bizwire) — A team of South Korean researchers has unveiled a groundbreaking smart contact lens capable of performing retinal diagnostics, a significant step in the evolution of eye health technology. The collaborative effort, led by Professor Yoo Seung-hyeop of KAIST, Professor Woo Se-jun from Seoul National University Bundang Hospital, Professor Han [...]
SEOUL, June 26 (Korea Bizwire) — The government convened a consultative meeting with the private sector Thursday to discuss the development of quantum technology amid an intensifying global race to secure a future game changer across economic and security domains, the finance ministry said. The consultative body, led by the Ministry of Economy and Finance, [...]
SEOUL, June 5 (Korea Bizwire) — A joint team of researchers from KAIST and Seoul National University has developed a groundbreaking liquid metal ink capable of shifting between rigid and flexible states depending on temperature, paving the way for next-generation wearable devices and medical implants. The team, led by Professor Jung Jae-woong of KAIST’s Department [...]
SEOUL, April 23 (Korea Bizwire) — Samsung Biologics Co., the biotech arm of South Korea’s Samsung Group, said Wednesday its first-quarter net profit more than doubled from a year earlier, driven by expanded production and a weaker won. Net profit for the three months ended March surged to 375.6 billion won (US$263.9 million), up from [...]
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 9 (Korea Bizwire) — South Korea is on course to conclude negotiations for a project to build a nuclear power plant in the Czech Republic, Seoul’s industry minister said Wednesday, as the final agreement for the highly anticipated project is being delayed. “We have completed documentations for the project, and local procedures, such [...]
SEOUL, March 4 (Korea Bizwire) — South Korea is taking the lead in developing international standards for brain-computer interface (BCI) technology, a cutting-edge field that enables users to control devices using only their thoughts. The Korean Agency for Technology and Standards (KATS), part of the Ministry of Trade, Industry and Energy, announced on March 3 that [...]