SEOUL, Oct. 18 (Korea Bizwire) — LG Electronics Inc. is speeding up efforts to gain a stronger foothold in the logistics robot market on the back of its next-generation self-driving logistics robot, CLOi CarryBot. The tech giant recently announced that it had signed a memorandum of understanding with artificial intelligence (AI) startup FASSTO to promote [...]
WONJU, Sept. 30 (Korea Bizwire) — The Wonju city government on Thursday announced that it will be hosting a drone fishing contest at the Ganhyeon tourist area on Oct. 8. The event is aimed at fostering the drone industry by linking it to the fishing industry, as well as creating a new leisure culture. A [...]
SEOUL, Sept. 23 (Korea Bizwire) — Having majored in business administration in university and with eight years of previous work experience at the Korea SMEs and Startups Agency, Cheon Yeong-seok, co-CEO of robot startup Twinny Co., had always dreamed of one day starting his own business. Looking back though, Cheon said it had never crossed [...]
SEOUL, Sept. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday that it will expand its service robot business with the LG CLOi ServeBot in collaboration with mobile carrier LG Uplus Corp. The two affiliates of LG Group agreed to cooperate in the expansion of the service robot business, exploration of new business opportunities, exploration [...]
SEOUL, Sept. 21 (Korea Bizwire) — The introduction of automation technology increases the retirement risk for older office workers, a central bank report said Tuesday. The Bank of Korea (BOK) traced the employment situation of 962,404 workers between 25 and 69 years of age at 3,033 companies for three years from 2015 to 2017. The [...]
SEOUL, Sept. 19 (Korea Bizwire) – South Korea is targeting to commercialize a Level 4 autonomous vehicle in 2027 to release half of newly launched vehicles as Level 4 models in 2035, the transport ministry said Monday. This year, Korea aims to become the world’s third country to commercialize a Level 3 autonomous vehicle after [...]
DAEJEON, Aug. 26 (Korea Bizwire) — The city government of Daejeon said Thursday that it will begin trials of an artificial intelligence (AI) quarantine robot to eliminate viruses, purify the air, and clean the floors in subway stations. The city plans to first deploy two robots each at two subway stations, before deploying a total of 10 robots [...]
SEOUL, Aug. 26 (Korea Bizwire) — BGF Retail Co., the operator of CU convenience stores, said Thursday it had formed a business agreement with MOBINN, an in-house startup of Hyundai Motor Co., to launch a robot delivery pilot service. After establishing a last-mile business consultative body, the two companies are expected to launch the convenience [...]
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. 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 [...]