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New Robotics Technology Expected to Save Carmakers Time and Money

New Robotics Technology Expected to Save Carmakers Time and Money

GWANGJU, Sept. 19 (Korea Bizwire) — South Korean researchers have developed a robotic arm that can automatically finish molding processes, which are usually completed manually. A research team from the Gwangju Institute of Science and Technology (GIST) said Wednesday that it has succeeded in increasing the joint rigidity of robots with a special design. In [...]

Seoul Supports Pilot Projects for Delivery Robots and Real-time Monitoring of Underground Water

Seoul Supports Pilot Projects for Delivery Robots and Real-time Monitoring of Underground Water

SEOUL, Sept. 17 (Korea Bizwire) — Soon, one will be able to meet delivery robots that deliver food and parcels in Seoul. The Seoul Metropolitan Government will support the demonstration of delivery robots and Internet of Things (IoT)-based water management systems using self-driving technology for up to one year starting in October. Delivery robots and [...]

S. Korea to Develop Unmanned Snow Removal System for Runways

S. Korea to Develop Unmanned Snow Removal System for Runways

SEOUL, Sept. 11 (Korea Bizwire) – A South Korean research team will embark on a project to develop a system that can clear the snow from airport runways without requiring human labor. The Korea Institute of Machinery & Materials announced on Tuesday that it will begin research on developing an unmanned snow removal system for [...]

Regulator to Ease Investment Rules on Financial Firms for Fintech Sector

Regulator to Ease Investment Rules on Financial Firms for Fintech Sector

SEOUL, Sept. 4 (Korea Bizwire) — South Korea’s financial regulator said Wednesday it will ease some rules on financial firms investing in fintech firms, as part of its effort to promote the fintech industry. The new guideline, unveiled by the Financial Services Commission (FSC), will expand the scope of fintech firms for which financial firms’ [...]

S. Korea Develops VR Rehabilitation Program for Stroke Patients

S. Korea Develops VR Rehabilitation Program for Stroke Patients

SEOUL, Aug. 30 (Korea Bizwire) — South Korean researchers have developed a rehabilitation program using virtual reality (VR) to help stroke patients. Researchers from Seoul National University Hospital and biotech venture TechVillage Co. announced on Thursday that they had developed a program that can assist in the rehabilitation of stroke patients. As part of the [...]

S. Korean Firms Migrate to Cloud for Digital Overhaul

S. Korean Firms Migrate to Cloud for Digital Overhaul

SEOUL, Aug. 26 (Korea Bizwire) — Arming with the right technology and data is critical for survival in the digital age, and that’s why more South Korean companies are scurrying to shift their IT portfolio to cloud computing space to meet a new set of business demands and bring innovation quickly. Cloud computing allows companies [...]

Joseon Dynasty Era Gate Virtually Restored with Digital Technology

Joseon Dynasty Era Gate Virtually Restored with Digital Technology

SEOUL, Aug. 20 (Korea Bizwire) — Donuimun, one of the four main old gates that were part of the wall that surrounded the Joseon-era capital, was virtually restored Tuesday with the latest digital technology around a century after it was demolished during Japan’s 1910-45 colonial rule. Donuimun, also called Seodaemun, which literally means “Great West [...]

Smart Rescue Drones to Protect Survivors of Sea Accidents

Smart Rescue Drones to Protect Survivors of Sea Accidents

SEOUL, Aug. 16 (Korea Bizwire) — Rescue drones developed by a South Korean university research team have successfully passed on-site tests. Researchers from the Korea Aerospace University conducted an on-site drone test at Jumunjin Beach in Gangwon Province, which turned out to be successful. The rescue drones are designed to reach the survivors of an [...]