SEOUL, Nov. 18 (Korea Bizwire) — South Korean tech giant Naver Corp. said Monday it will establish a joint venture with Saudi Arabia’s state housing company to collaborate for digital twin platform projects in the Middle East. Naver and Saudi Arabia’s National Housing Company signed a memorandum of understanding for the establishment of the joint [...]
SEOUL, Jan. 24 (Korea Bizwire) — HD Hyundai Construction Equipment has opened the doors to an innovative training center that utilizes virtual reality (VR) and digital twin technology for excavator operation instruction and product verification. The grand opening of the “Virtual Training Center” took place at the HD Hyundai Global R&D Center (GRC) in Pangyo, Gyeonggi [...]
SEOUL, May 22 (Korea Bizwire) — Samsung Electronics Co. is accelerating the development of its ‘digital twin’ technology to improve efficiency in semiconductor manufacturing. According to industry sources, Samsung’s Device Solution (DS) division, which oversees its chip business, recently appointed Executive Vice President Lee Young-woong as the head of the Digital Twin Task Force. This [...]
SEOUL, Nov. 2 (Korea Bizwire) — The Seoul Metropolitan Government on Wednesday unveiled an ultra-reality digital 3D map service that enables users to have a real-like experience of some locations without the need to visit. The new map uses ultra-reality digital twin technology to allow users to walk, run or freely move in a virtual [...]
SEOUL, Oct. 11 (Korea Bizwire) – The government plans to minimize damage from heavy rains using digital twin technology that enables researchers to analyze and forecast expected weather conditions through a simulation of a virtual world. The Ministry of Land, Infrastructure and Transport said Monday it will provide the Ministry of Environment with 3D spatial [...]
SEOUL, Feb. 17 (Korea Bizwire) — The Seoul Metropolitan Government plans to improve the quality of its Arisu tap water using digital twin technology. The city government said Wednesday that it had developed a ‘digital twin-based water purification system improvement technology’ designed to improve the process of water purification treatment by setting up a 3D [...]
SEOUL, Jan. 27 (Korea Bizwire) — The Ministry of Oceans and Fisheries said Wednesday it will earmark a budget of 38.1 billion won (US$31.6 million) over the next five years for a ‘marine space digital twin application and utilization technology development’ project as part of efforts to predict the damage that could arise from climate [...]
SEOUL, Nov. 22 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. said Sunday that it will build a ‘twin warehouse’ in a virtual network that closely resembles one from the real world to anticipate future warehouse stocks. ‘Digital twin’ technology refers to building a virtual space that’s identical to one in the real [...]
GLASGOW, Scotland, Apr. 16 (Korea Bizwire) — IES, the leading innovator in sustainable analytics for the built environment, has today released new cutting-edge digital twin technology that will revolutionise the smart city movement. The ICL (Intelligent Communities Lifecycle) is a platform of interconnected decision support tools that facilitate the planning, design and operation of energy [...]