SEOUL, Aug. 8 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. on Tuesday launched a portable edition of its artificial intelligence (AI) device NUGU, in a bid to expand its presence in the fast-growing sector. First released in September last year, NUGU is focused on providing household-related services. SK Telecom said the [...]
SEOUL, Aug. 2 (Korea Bizwire) — Hyundai Robotics said Wednesday that it has secured a more than 20 percent stake in its listed affiliates in a move that made it eligible to become the holding company of Hyundai Heavy Industries Group. The company said it acquired the stocks through an open takeover offering that raised [...]
SEOUL, July 24 (Korea Bizwire) – South Korea’s top mobile messenger operator Kakao Corp. said Monday it has joined forces with the country’s leading automaker Hyundai Motor Co. and its sister company Kia Motors Corp. to develop Artificial Intelligence (AI) technology. Under the agreement, the automakers will implement server-based speech recognition technology into the Genesis [...]
SEOUL, Jul. 18 (Korea Bizwire) — One lucky beachgoer is safe and sound thanks to drone company Soomvi and telecommunications giant SK Telecom (SKT). Or at least that’s what a future scenario might look like. This past Friday, a drone on patrol a few meters above the sparkling blue of Wangsan Beach in Incheon “discovered” a [...]
SEOUL, Jul. 17 (Korea Bizwire) — Falling asleep at the wheel or dealing with cars that suddenly swerve into one’s lane are two dangerous situations that previously relied on the mental fortitude and quick wits of the driver. Not anymore. A flurry of R&D by automobile manufactures has made the modern car easier and safer to [...]
SEOUL, Jul. 14 (Korea Bizwire) — Drones, once the exclusive property of the military, have gone mainstream. Now, their use is only limited by one’s imagination. Besides the military, law enforcement agencies may be the organizations that employ drones the most for their intended purpose. The police have increasingly begun to use drones to carry out [...]
SEOUL, Jul. 13 (Korea Bizwire) — Samsung Electronics Co. on Thursday introduced the world’s first LED theater solution, which boasts far improved display resolution compared to traditional movie screens. Under cooperation with Lotte Cinema, a major movie chain in South Korea, Samsung said it successfully installed its cinema LED screen. “Based on Samsung’s display technology, [...]
SEOUL, Jul. 13 (Korea Bizwire) — South Korea’s ICT ministry said Thursday that it will open two additional new complexes to promote virtual reality (VR) and augmented reality (AR) technology as the country aims to become a global powerhouse in the sectors. The two centers will be set up at Korea National University Of Arts [...]
SEOUL, Jul. 12 (Korea Bizwire) — Things are looking up for workers in the package delivery industry. The South Korean government has recently announced that it will pledge up to 13 billion won by the year 2022 to reform and improve working conditions. A major chunk of the investment will be used to improve the technology [...]
SEOUL, Jul. 11 (Korea Bizwire) — A government-backed research institute in South Korea is trialing an IoT-based sinkhole prevention technology at one of the busiest subway stations in Seoul. The UnderGround Safety (UGS) Convergence Research Department at the Electronics and Telecommunications Research Institute (ETRI) announced on Monday plans to install a sinkhole risk monitoring system [...]