SEOUL, June 16 (Korea Bizwire) — Hyundai Heavy Industries Group (HHIH) said Wednesday it has successfully conducted a test-run of a fully autonomous cruise ship backed by its own autonomous navigation system and a local mobile operator’s 5G network. The 12-person cruise ship navigated through the narrow 10-kilometer Pohang Canal in the port city, 302 [...]
SEOUL, June 14 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Monday it has partnered with U.S.-based NeuroSigma Inc. to collaborate in developing electronic medicine to treat neurological disorders in a move to expand the telecom operator’s foothold in the health care sector. KT said the two companies will collaborate to build [...]
SEOUL, June 9 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Wednesday it has partnered with global cloud service operator Amazon Web Services Inc. (AWS) in a move to bolster its push to develop artificial intelligence (AI) and cloud technologies. The two companies agreed to pursue joint research in AI and cloud [...]
SEOUL, June 2 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Wednesday it has teamed up with local virtual reality (VR) content and visual effects companies to develop “metaverse” services in a move to boost its efforts in virtual platforms. The metaverse refers to virtual environments, in which users interact with one [...]
SEOUL, May 26 (Korea Bizwire) — KT Corp., a major telecom firm in South Korea, said Wednesday it has joined hands with a local insurer to develop insurance coverage programs for service robots. KT signed a partnership with DB Insurance Co. to offer insurance programs dedicated solely to artificial intelligence (AI)-powered services. Starting next month, [...]
SEOUL, May 23 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Sunday it signed an agreement with the country’s top science and technology university to establish a research institute for artificial intelligence (AI) and software development. Under the agreement, KT will work with the Korea Advanced Institute of Science and Technology [...]
SEOUL, May 11 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Tuesday its first-quarter net profit rose 43.7 percent from a year earlier on the back of growth in 5G users and new tech businesses. Net income for the January-March period stood at 326.5 billion won (US$292 million) on a consolidated basis, [...]
SEOUL, May 6 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Thursday it has formed business ties with IBM Korea and local major banking firm Woori Bank to develop artificial intelligence (AI) technology for financial services. The three will establish an AI lab to develop new services, such as an AI-based language [...]
SEOUL, April 26 (Korea Bizwire) — South Korean telecom giant KT Corp. said Monday it launched a nationwide emergency telecommunications network with Samsung Electronics Co. in a move to boost the country’s response system against natural disasters and emergencies. The government-led project to establish a next-generation wireless network allows for more efficient response against major [...]
SEOUL, April 23 (Korea Bizwire) — South Korean telecom giant KT Corp. is set to launch a ‘two-way reservation check-in’ service that would make it easier for small businesses to manage customer reservations. The new service, developed jointly with a domestic start-up, would enable small businesses to manage customer reservations via text message, while minimizing [...]