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 [...]
SEOUL, Sept. 4 (Korea Bizwire) — Hyundai Motor Group, South Korea’s top automotive group, said Wednesday it has developed a wearable robot to assist industrial workers. The group, which has Hyundai Motor Co. and Kia Motors Corp. under its wing, introduced Vest EXoskeleton (VEX), a wearable robot designed to help those who spend long hours [...]
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’ [...]
SEOUL, Sept. 4 (Korea Bizwire) — The Seoul city government said Wednesday it will host a drone festival this weekend at which it will showcase various drones and hold a drone race. The weekend event will take place at the Gwangnaru Hangang Drone Park in eastern Seoul on Saturday, according to the Seoul Metropolitan Government. [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Aug. 16 (Korea Bizwire) — Kim In-hwan spends most of her time by herself in a small apartment in Seoul. But the 83-year-old with no family says she’s not lonely thanks to a new talking buddy named Aria, the virtual assistant of SK Telecom Co.’s artificial intelligence (AI) speaker, NUGU. Waking up to the [...]
DAEJEON, Aug. 14 (Korea Bizwire) — A South Korean research team has developed a new biodegradable stent that naturally dissolves within the human body. It is composed of a unique material which became the world’s first to pass a pre-clinical trial. The Korea Institute of Machinery and Materials in Daejeon announced on Tuesday that its [...]