SEOUL, Aug. 17 (Korea Bizwire) — Korean Air Lines Co. said Tuesday it has been chosen as a preferred bidder for spearheading the development of low-observable, formation-flying unmanned combat aerial vehicles (UCAVs) by the state-run military research agency. The Agency for Defense Development (ADD) recently finished the basic design for the formation-flying, unmanned aircraft after [...]
SEOUL, Aug. 17 (Korea Bizwire) — South Korean defense companies are making forays into the development of military robots as their new growth engine. Hyundai Rotem Co., a train and defense company, has launched a drive to develop a multi-legged counter-terrorism robot that is expected to be commercialized by 2024. With four legs, the robot [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korean battery maker Samsung SDI Co. said Tuesday it has established research and development (R&D) centers in the United States and Germany in a bid to bolster its technological competitiveness through regional collaboration. It formally launched its first U.S. research institute in Boston on Monday (U.S. time), following [...]
SEOUL, Aug. 12 (Korea Bizwire) — Hyundai Motor Group said Friday it will spend US$424 million to build an artificial intelligence (AI) research center in the United States to bolster its edge in robotics technology, an area it cites as a key future growth driver. Hyundai Motor Co., Kia Corp. and Hyundai Mobis Co. — [...]
SEOUL, Aug. 12 (Korea Bizwire) — Hyundai Rotem Co., a tank and train-making affiliate of Hyundai Motor Group, has clinched an order for the development of a multi-legged robot for military use for the first time in South Korea. The company announced on Thursday that it signed an agreement with the Defense Industry Technology Center [...]
SEOUL, Aug. 12 (Korea Bizwire) — South Korea’s dominant internet portal operator Naver Corp. said Thursday it had updated its artificial intelligence (AI)-based voice recording service CLOVA Note and added an AI summary function. The new function makes use of Naver’s supersized AI platform HyperCLOVA to divide the section of dialogue by theme and automatically [...]
SEOUL, Aug. 9 (Korea Bizwire) — Avikus, a unit of South Korea’s leading shipbuilding group, HD Hyundai, said Tuesday it has commercialized its Level 2 autonomous navigation system for the first time in the shipbuilding industry. Avikus has signed a deal with two domestic firms — SK Shipping Co. and Sinokor Merchant Marine Co. — [...]
CAPE CANAVERAL/SEOUL, Aug. 5 (Korea Bizwire) — South Korea’s first lunar orbiter has entered its planned trajectory toward the moon, the science ministry said Friday, in a historic first step toward space exploration. The Korea Pathfinder Lunar Orbiter — better known as Danuri in a Korean portmanteau for moon and enjoy — was traveling on [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s app-based home-finding platform Zigbang Co. has completed its acquisition of Samsung SDS Co’s home internet of things (IoT) division. The company announced on Thursday that it took over home IoT business-related intellectual property rights and business rights for major sales, production and contracts from the Korean and [...]
SEOUL, July 18 (Korea Bizwire) – South Korea’s Hyundai Motor Co. said Monday it has showcased its urban air mobility (UAM) technologies at Britain’s international air show through its wholly-owned U.S. UAM unit, Supernal. Supernal unveiled a peep into the future electrical vertical take-off and landing (eVTOL) aircraft concept, its design and technologies at the [...]