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Naver Reveals New Year’s Resolutions at CES with Automatic Driving and Cartography Technologies

Naver Reveals New Year’s Resolutions at CES with Automatic Driving and Cartography Technologies

SEOUL, Jan. 9 (Korea Bizwire) – Han Seong-sook, CEO of Naver Corp., a South Korean online search portal, said Naver’s success over the last 20 years is based on “taking a path different from others.” At a press conference held in Las Vegas on Monday, Han said that Naver created the search engine, Line mobile messenger, and [...]

New AI System Estimates Vehicle Repair Costs After Accidents

New AI System Estimates Vehicle Repair Costs After Accidents

SEOUL, Jan. 8 (Korea Bizwire) — The Korea Insurance Development Institute announced on January 7 that it has started developing a new assessment tool called ‘Automobile Repair Cost On-line Service-α’ (AOS-α). The system’s artificial intelligence (AI) will estimate vehicle repair costs by analyzing pictures of car wrecks caused by traffic accidents. The institute is planning [...]

Naver to Debut AI, Robotics Technologies at CES

Naver to Debut AI, Robotics Technologies at CES

SEOUL, Jan. 7 (Korea Bizwire) – Naver Corp., South Korea’s dominant Internet portal and search engine, on Monday announced the global debut of its artificial intelligence (AI) and other breakthrough robotic technologies at an upcoming international exhibition. Naver will be showcasing its portfolio of 13 technologies for the first time at the Consumer Electronics Show [...]

Hyundai Motor Develops ‘Silent Taxi’, a Dream Car for the Hearing-Impaired

Hyundai Motor Develops ‘Silent Taxi’, a Dream Car for the Hearing-Impaired

SEOUL, Jan. 7 (Korea Bizwire) — Hyundai Motor Group’s ‘Silent Taxi’ project has been successfully completed, and will allow hearing-impaired individuals to drive safely by providing sound information with visual and sensory cues. The so-called ‘Silent Taxi’ was introduced on January 7, and is based on Audio-Tactile Conversion (ACT) technology. The ‘Silent Taxi’ features sensory [...]

Samsung No. 1 in Number of Patents Filed for Self-driving Cars

Samsung No. 1 in Number of Patents Filed for Self-driving Cars

SEOUL, Dec. 31 (Korea Bizwire) – Samsung Electronics Co. filed the largest number of patents related to self-driving cars in Europe, data showed Monday, far above traditional automobile manufacturers. According to the data compiled by the European Patent Office (EPO), the number of applications related to self-driving cars filed in Europe came to 3,998 in [...]

S. Korean Companies Begin Patent Race for Smart CCTV

S. Korean Companies Begin Patent Race for Smart CCTV

SEOUL, Dec. 24 (Korea Bizwire) — Video footage from closed circuit television shared via online networks is beginning to be used as baseline data for big data analysis, raising demand for related core technology as the world enters the 4th Industrial Revolution. To meet those needs, South Korean tech companies are actively applying for patents [...]

Public, Private Blockchain Projects to Double Next Year

Public, Private Blockchain Projects to Double Next Year

SEOUL, Dec. 21 (Korea Bizwire) — The Ministry of Science and ICT (MSIT) announced on December 20 that it will hold a comprehensive 2019 business briefing session for private blockchain businesses on December 26 in collaboration with other government institutions. The main purpose of the briefing will be to go over the government’s investment in [...]