SEOUL, Jun. 14 (Korea Bizwire) — Hyundai Motor is set to develop futuristic AI technology for self-driving cars by partnering with Chinese tech companies. At CES Asia 2018 in Shanghai, the largest electronics exhibit in Asia, the Korean carmaker announced a tech partnership with DeepGlint, a Chinese startup specializing in the field of artificial intelligence. [...]
LONDON, Jun. 7 (Korea Bizwire) — Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. (TSE:6501), has partnered with Stena Line, one of the largest shipping companies in Europe, to implement artificial intelligence technology on ships to reduce fuel consumption costs and become an important tool in the company’s efforts to minimise environmental impact. The partnership [...]
SEOUL, Jun. 7 (Korea Bizwire) — South Korea will spearhead a project to develop a drug platform based on artificial intelligence (AI) and big data, the government said Thursday, in the latest effort to transform the country into a global biotech and medical industry hub. A total of four research centers and universities — the [...]
Earlier May, LG Electronics announced it had made equity investment in Acryl, a local AI startup. (Image courtesy of LG Elecs) SEOUL, May 29 (Korea Bizwire) – LG Electronics Inc. said Tuesday it plans to invest 53.6 billion won (US$49.67 million) in acquiring stakes in Robostar Co., a local robot manufacturing firm, as part of [...]
SEOUL, May 24 (Korea Bizwire) — In line with Samsung Electronics’ new plans to nurture AI as its new motor of growth, the Korean electronics giant will open an AI Center in Moscow on May 29 (local time). In addition to its AI centers in Seoul and Silicon Valley, both having opened within the last [...]
SEOUL, May 23 (Korea Bizwire) — Samsung Electronics’ announcement yesterday of plans to operate five AI research and development centers around the world gave industry insiders insight into Vice Chairman Lee Jae-yong’s vision of the future, as Samsung prepares for the next generation of technological advancements. Experts say that Lee’s most recent global traverse following [...]
SEOUL, May 17 (Korea Bizwire) — As a woman in her 40s enters a clothing store with her daughter, a “smart” CCTV camera recognizes her as a regular customer, delivering her personal information to a welcome robot, which then greets both the female customer and her daughter. As the customer moves around the shop, custom-fit [...]
SEOUL, May 17 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will apply its artificial intelligence (AI) voice recognition system, Bixby, to a wider range of home appliances in line with its vision to establish an Internet-of-Things (IoT) ecosystem for households. Kim Hyun-suk, head of the company’s consumer electronics division, said it is important [...]
SEOUL, May 15 (Korea Bizwire) — Telecommunications platforms and portal websites are competing for the sizeable market catering to services for children. Experts say that businesses are implementing strategies that target parents willing to invest big bucks for their kids. In the process, businesses are also able to secure a new generation of customers. According [...]
SANTA CLARA, Calif., May 9 (Korea Bizwire) — Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), today introduced new innovations to drive data center modernization. Hitachi unveiled new high-performance storage systems in the industry’s only storage family with a 100% data availability guarantee, and integrated, and cross-platform AI-powered analytics and IT automation software. [...]