SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Wednesday it has unveiled its first mass-produced mobility robot platform, designed for various industrial and everyday applications, at a major robotics exhibition in Japan. The group, whose major affiliates include Hyundai Motor Co. and Kia Corp., showcased the Mobile Eccentric Droid (MobED) at [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s drone exports have grown nearly tenfold over the past two years, yet the country remains a marginal player in the global market — a gap that analysts say requires urgent policy and industry action to close. According to a report released Friday by the Korea International Trade Association [...]
SEOUL, Nov. 4 (Korea Bizwire) — South Korea’s rapid adoption of industrial robots has boosted employment among younger workers under 45, while reducing job opportunities for older employees, a new study shows—highlighting how automation is reshaping the nation’s labor market and education trends. According to a report released Sunday by the Korea Labor Institute titled [...]
SEOUL, Oct. 15 (Korea Bizwire) – Defense giant Hanwha Aerospace Co. said Wednesday it has signed an agreement with U.S. defense company General Atomics Aeronautical Systems Inc. (GA-ASI) to jointly develop a short take-off and landing (STOL) unmanned aerial vehicle (UAV), marking a major step forward in defense industry cooperation between South Korea and the [...]
SEOUL, Oct. 15 (Korea Bizwire) — Samsung Asset Management said Tuesday that its KODEX Robot Active exchange-traded fund (ETF) has surpassed 200 billion won ($145 million) in net assets, underscoring surging investor enthusiasm for the nation’s robotics sector amid rapid advances in artificial intelligence. As of October 14, the fund’s net asset value stood at [...]
SEOUL, Oct. 12 (Korea Bizwire) – The number of unauthorized drones detected in the airspace surrounding Incheon International Airport, the main gateway located west of Seoul, has dropped significantly this year, data showed Sunday. According to data released by Incheon International Airport Corp., eight illegal drone flights without prior approval from authorities were detected within [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea is preparing a sweeping overhaul of regulations governing artificial intelligence, autonomous driving and robotics, as the government seeks to position the country among the global leaders in next-generation industries. At the first Strategic Meeting on Regulatory Reform for Key Sectors, held Monday at the Korea Institute of [...]
SEOUL, Sept. 8 (Korea Bizwire) — Defense giant Hanwha Aerospace Co. said Monday it has signed a 270 billion-won (US$194.1 million) deal with the state arms procurement agency to mass produce explosive detection robots starting this year. Under the agreement with the Defense Acquisition Program Administration (DAPA), the remote-controlled robots will be capable of detecting [...]
SEOUL, Sept. 4 (Korea Bizwire) — South Korea’s Defense Ministry said Thursday it will dramatically expand drone training for conscripts, aiming to produce what it calls “500,000 drone warriors” as militaries worldwide adapt to the growing role of unmanned systems on the battlefield. Defense Minister Ahn Kyu-baek announced the initiative at a ceremony designating the [...]
SEOUL, Sept. 4 (Korea Bizwire) –The world’s leading electronics makers are converging on Berlin this week for IFA 2025, Europe’s largest consumer technology fair, where artificial intelligence and energy efficiency are expected to dominate the conversation as competition intensifies in the premium appliance market. The five-day event, which begins September 5 under the theme “Imagine [...]