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Carmakers to Face Heavy Output Losses if Coronavirus Outbreak Continues

Carmakers to Face Heavy Output Losses if Coronavirus Outbreak Continues

SEOUL, Feb. 5 (Korea Bizwire) – South Korean carmakers may face hefty production losses as the rapidly spreading coronavirus outbreak is aggravating shortages of parts from China without signs of slowing. The country’s five carmakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., SsangYong Motor Co. and Renault Samsung Motors Corp. — have [...]

New Robotics Technology Expected to Save Carmakers Time and Money

New Robotics Technology Expected to Save Carmakers Time and Money

GWANGJU, Sept. 19 (Korea Bizwire) — South Korean researchers have developed a robotic arm that can automatically finish molding processes, which are usually completed manually. A research team from the Gwangju Institute of Science and Technology (GIST) said Wednesday that it has succeeded in increasing the joint rigidity of robots with a special design. In [...]