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 [...]
SEOUL, Aug. 28 (Korea Bizwire) — LG Electronics said Thursday it will debut new robot vacuum cleaners at IFA 2025 in Berlin next month, highlighting designs aimed at blending more seamlessly into home interiors while enhancing cleaning performance through artificial intelligence. The lineup includes two models: the built-in Hidden Station and the freestanding Objet Station. [...]
SEOUL, Aug. 5 (Korea Bizwire) — Korea Zinc Co., a leading non-ferrous metal smelting company, said Tuesday it has adopted Spot, a four-legged walking robot developed by Boston Dynamics of the United States, to improve on-site safety at its plant in Onsan. Equipped with ultrasonic sensors, infrared cameras, gas detectors and acoustic sensors, Spot will [...]
Breakthrough marks milestone in long-endurance unmanned aerial technology using homegrown hydrogen fuel cell SEOUL, Aug. 5 (Korea Bizwire)— A South Korean research team has successfully completed a 12-hour continuous flight using a domestically developed hydrogen fuel cell-powered drone, setting a new national benchmark for unmanned aerial vehicle (UAV) endurance, the Korea Institute of Materials Science [...]