SEOUL, Oct. 6 (Korea Bizwire) — Hanwha Techwin Co., a leading surveillance tech firm in South Korea, said Wednesday it will join forces with Azena, an Internet of Things company, and the country’s telecommunications giant KT Corp. for artificial intelligence (AI)-powered video solutions. Under the partnership, Hanwha Techwin said its CCTV users will be able [...]
SEOUL, Oct. 6 (Korea Bizwire) — LG Electronics Inc. said Wednesday its Advanced Driver Assistance Systems (ADAS) front camera co-developed with Daimler AG will be used in Mercedes-Benz C-Class vehicles. An ADAS front camera, usually tucked between the windshield and the rearview mirror, is considered the “eye” of a smart vehicle as it collects various [...]
SEOUL, Sept. 16 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Wednesday that it has introduced one-on-one interview sessions on a metaverse platform to hire new recruits. The metaverse refers to a 3-D virtual shared world, in which all activities can take place with the help of augmented- and virtual-reality services. [...]
SEOUL, Sept. 16 (Korea Bizwire) – LG Electronics Inc. said Thursday the first phase of home appliance manufacturing facility upgrades at its main production base in South Korea has been completed as the company aims to improve productivity with a better automation system. The tech giant said its reconstructed production building at LG Smart Park [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korea aims to develop a solar-powered drone that flies in the stratosphere by 2025, the ICT ministry said Wednesday, in a move to boost the country’s nascent drone industry. The Ministry of Science and ICT said it plans to inject 37.47 billion won (US$32 million) to develop the [...]
SEOUL, Sept. 10 (Korea Bizwire) — U.S. robotics startup Boston Dynamics said Friday it will expand its partnership with South Korean automaker Hyundai Motor Group to integrate its robotics technologies in future mobility solutions and expand their applications in other industrial sectors. Boston Dynamics demonstrated its latest robotics technologies during an online media event after [...]
SEOUL, Sept. 9 (Korea Bizwire) — Doosan Mobility Innovation (DMI), a South Korean drone maker, said Thursday that it has signed a preliminary deal with local drone solution provider AIRON Corp. to push for official development assistance (ODA) projects with drones. Under the deal, the two companies plan to provide hydrogen-propelled drones to developing countries [...]
SEOUL, Sept. 7 (Korea Bizwire) — SK C&C Co., an IT service unit of South Korean conglomerate SK Group, said Monday it had expanded the application area of its artificial intelligence (AI)-based target identification platform to include non-alcoholic fatty liver disease. The platform, originally intended for the development of new drugs for metabolic diseases, was [...]
SEOUL, Sept. 6 (Korea Bizwire) – Virtual humans are sweeping through multiple industries including content creation, gaming and even finance. Rozy, a virtual influencer and model, has shot various advertisements for hotels, electric vehicles, fashion brands and even environmental campaigns. It is estimated that Rozy has earned as much as 1 billion won (US$864,300) solely [...]
SEOUL, Sept. 2 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Wednesday that fourteen companies were participating in the launch of the ‘E-document Digital Transformation (DX) One Team’ to promote the rollout of e-document services. The mobile carrier will develop a blockchain-based e-document platform by leveraging its existing capability in digital [...]