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Element AI Aims for Further Partnership with S. Korean Firms

Element AI Aims for Further Partnership with S. Korean Firms

SEOUL, Nov. 19 (Korea Bizwire) — Element AI, a Canadian startup for artificial intelligence-powered software solutions, aims to join hands with more South Korean companies to help them adopt its cutting-edge technology, company executives said Tuesday. Based in Montreal, Element AI is an AI solutions provider co-founded in 2016 by AI authority and professor Yoshua [...]

GS Units Partner with U.S. Mobility Startup Lime

GS Units Partner with U.S. Mobility Startup Lime

SEOUL, Nov. 19 (Korea Bizwire) – Two affiliates of energy and construction-centered GS Group said Tuesday they have formed a partnership with U.S. micro-mobility startup Lime to offer better mobility services using their infrastructure. GS Caltex Corp., a major refiner, and GS Retail Co., the group’s retail business affiliate, will provide charging services for Lime’s [...]

KT, Hyundai Heavy Join Hands for 5G-based Smart Factory

KT, Hyundai Heavy Join Hands for 5G-based Smart Factory

SEOUL, Nov. 7 (Korea Bizwire) — Major telecom operator KT Corp. and leading shipbuilding conglomerate Hyundai Heavy Industries Group said Thursday they will step up collaboration to develop advanced smart factory solutions based on the 5G network to improve efficiency and safety. In May, the two companies signed a memorandum of understanding to join forces [...]

Hyundai Expands Partnerships with Hydrogen Technology Firms

Hyundai Expands Partnerships with Hydrogen Technology Firms

SEOUL, Oct. 30 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Wednesday it will invest in three hydrogen companies in its latest move to boost competitiveness in hydrogen fuel-cell electric vehicles. The three companies are Sweden’s Impact Coatings AB, Israel’s H2Pro and Switzerland’s GRZ Technologies. Hyundai Motor expects its partnerships [...]

LG, Qualcomm to Develop Automotive Infotainment Platform

LG, Qualcomm to Develop Automotive Infotainment Platform

SEOUL, Oct. 30 (Korea Bizwire) — South Korean electronics maker LG Electronics Inc. and U.S. chipmaker Qualcomm Inc. will join hands to develop an in-vehicle infotainment platform for connected cars, the companies said Wednesday. LG Electronics and Qualcomm have signed a strategic partnership to develop the automotive platform, which combines entertainment and information delivery for [...]

Hyundai Card to Launch First Overseas Operation in Vietnam

Hyundai Card to Launch First Overseas Operation in Vietnam

SEOUL, Oct. 29 (Korea Bizwire) — Hyundai Card, a leading credit card issuer in South Korea, has agreed to launch a joint venture in Vietnam in its first direct overseas investment, the company said Tuesday. The company has signed an agreement to purchase a 50 percent stake in Vietnam’s Finance Company Limited for Community (FCCOM) [...]