SEOUL, April 12 (Korea Bizwire) – The right to name the country’s first trade of Bitcoin and Ethereum has been made into a Non-Fungible Token (NFT) and put up for auction. Korbit, a South Korean cryptocurrency exchange, produced two pieces of cryptoart with an NFT artist Nonamed and put them up on Foundation, an NFT [...]
SEOUL, April 9 (Korea Bizwire) — SK Telecom Co., the country’s largest mobile carrier, said Thursday that it had entered into a business agreement with the Korea Disease Control and Prevention Agency (KCDC) for the establishment of an artificial intelligence (AI)-based service designed to help with COVID-19 vaccination. Under this system, SK Telecom’s NUGU AI [...]
SEOUL, April 7 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Wednesday it will develop a next-generation Korean language model powered by artificial intelligence (AI) by joining hands with the National Institute of Korean Language. SK Telecom said it will develop a Korean AI model that will be similar in performance [...]
SEOUL, April 6 (Korea Bizwire) — LG Electronics Inc. said Tuesday it plans to develop cross-platform artificial intelligence (AI)-powered services with KT Corp., South Korea’s major telecom operator, to expand use of its human-like algorithm. LG and KT plan to commercialize services that support AI platforms from both companies after developing a joint interface. The [...]
GWANGJU, April 1 (Korea Bizwire) — The Gwangju Institute of Science and Technology, a state-run science university, has developed new technology that allows drones to land on moving vehicles. The collaboration between flying drones and running vehicles could greatly expand the scope of their respective missions. In particular, given that it is difficult to create [...]
SEOUL, March 24 (Korea Bizwire) – KT Corp., a major South Korean mobile carrier, said Wednesday it has signed a memorandum of understanding with pollster Gallup Korea to introduce the telecom company’s artificial intelligence (AI) technology in opinion polls. Under the agreement, KT will apply its voice bot and AI call center technology in opinion [...]
SEOUL, March 16 (Korea Bizwire) — LG Electronics Inc. is aggressively expanding production capacity of its automotive business, a report showed Tuesday, as the South Korean tech giant focuses on bolstering its future growth engine. Production capacity of LG’s vehicle component solutions (VS) division, which manufactures telematics and audio-video-navigation components, reached 29.57 million units last [...]
SEOUL, March 12 (Korea Bizwire) — LG Electronics Inc. said Friday its joint venture with Swiss-based software firm Luxoft has been launched as the South Korean company eyes to expand its presence in automotive solutions. Their joint venture Alluto is headquartered in Santa Clara, California, and will provide solutions for digital cockpit, in-vehicle infotainment, passenger-seat [...]
SEOUL, March 8 (Korea Bizwire) — LG Innotek Co., a major electronics parts maker in South Korea, said Monday it has joined hands with Microsoft Corp. to better expand its presence in the 3D sensing component market. Under the partnership, the two sides will collaborate on the development and supply of Time of Flight (ToF) [...]
SEOUL, March 5 (Korea Bizwire) — A U.S. trade panel has said SK Innovation Co. misappropriated trade secrets of its South Korean rival LG Energy Solution Ltd. for its development of electric vehicle (EV) batteries, in a decision that could jeopardize SK Innovation’s battery businesses in the United States. The U.S. International Trade Commission (ITC) [...]