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S. Korea to Spend 37.5 bln Won on ‘Convergence Technology’ in 2019

S. Korea to Spend 37.5 bln Won on ‘Convergence Technology’ in 2019

SEOUL, Jan. 13 (Korea Bizwire) — South Korea will invest 37.5 billion won (US$33.6 million) this year in developing converging technologies in the fields of robotics, biology and artificial intelligence (AI), the government said Sunday. The Ministry of Science and ICT said it has finalized the scale of various projects to secure core technologies that [...]

Naver to Debut AI, Robotics Technologies at CES

Naver to Debut AI, Robotics Technologies at CES

SEOUL, Jan. 7 (Korea Bizwire) – Naver Corp., South Korea’s dominant Internet portal and search engine, on Monday announced the global debut of its artificial intelligence (AI) and other breakthrough robotic technologies at an upcoming international exhibition. Naver will be showcasing its portfolio of 13 technologies for the first time at the Consumer Electronics Show [...]

Silver Star Claims Victory Over iRobot with Final U.S. International Trade Commission Determination in 337-TA-1057

Silver Star Claims Victory Over iRobot with Final U.S. International Trade Commission Determination in 337-TA-1057

SHENZHEN, China, Dec. 3 (Korea Bizwire) — Shenzhen Silver Star Intelligent Technology Co., Ltd (Silver Star), a leading robotics technology solutions provider, claimed victory in its long dispute with iRobot in Investigation No. 337-TA-1057 based on the Final Determination rendered by the U.S. International Trade Commission (ITC) on November 30, 2018. The initial ITC complaint [...]

Kofax Advances Enterprise-Wide Deployment of Next-Generation Robotic Process Automation to Rapidly and Exponentially Scale the Digital Workforce

Kofax Advances Enterprise-Wide Deployment of Next-Generation Robotic Process Automation to Rapidly and Exponentially Scale the Digital Workforce

IRVINE, Calif., Nov. 14 (Korea Bizwire) — Kofax®, a leading supplier of Intelligent Automation software to automate and digitally transform end-to-end business processes, today announced Kofax RPA’s next-generation robotic process automation (RPA) capabilities that leverage artificial intelligence (AI) and machine learning (ML). Providing “out-of-the-box” functionality, Kofax is first to market with a comprehensive, single-vendor, single-platform, [...]

South Korean Scientists Develop Highly Adaptable Robotic Ankle

South Korean Scientists Develop Highly Adaptable Robotic Ankle

SEOUL, April 27 (Korea Bizwire) – A research team from the Daegu Research Center (Korea Institute of Machinery & Materials) has developed a highly advanced robotic ankle with what could be the world’s highest levels of torque.  According to Dr. Woo Hyun-soo, announcing the technology on Wednesday at the Gwacheon government complex, the device weighs [...]

Robotics Startup Makeblock Raises Over $30M in Series B Funding

Robotics Startup Makeblock Raises Over $30M in Series B Funding

SHENZHEN, China, Mar. 16 (Korea Bizwire) — Makeblock Co., Ltd, the STEM education and robotics startup, today announced it has closed a $30 million Series B round at a $200 million valuation led by Evolution Media China and Shenzhen Capital Group Co., Ltd. The funding supports Makeblock’s expansion into new markets, further product development and [...]

Robotics Firm Aims to Unveil ‘Transformers-Style’ Electric Car

Robotics Firm Aims to Unveil ‘Transformers-Style’ Electric Car

GUNPO, South Korea, Dec. 28 (Korea Bizwire) – The chairman of a South Korean robotics company, which recently grabbed media attention by building a giant manned robot, said Wednesday the company aims to unveil a shape-shifting “Transformers-style” electric vehicle next year.  Yang Jin-ho, the 45-year-old chairman of Hankook Mirae Technology, said his childhood dream of [...]

Surgical Robots Further Developed, yet Still Pricey: Doctors

Surgical Robots Further Developed, yet Still Pricey: Doctors

SEOUL, Dec. 23 (Korea Bizwire) – Robot-assisted surgery is becoming increasingly more common on the back of technological developments but is still more expensive than conventional surgery, doctors said Friday.  The robots allow doctors to conduct detailed operations with minimal incisions, leading to less complications and pain, as well as quicker recovery times, surgical doctors [...]

Scientists Make Breakthrough in Micro-Robotics Using DNA

Scientists Make Breakthrough in Micro-Robotics Using DNA

DAEJEON, Nov. 8 (Korea Bizwire) – A joint team of scientists from Ewha Womans University and the University of Pennsylvania have developed technology using artificial DNA that could operate shape-changing micro-robots, announced the National Research Foundation of Korea Monday. Shape-changing micro-robots are made from flexible materials, including high molecule polymers or nanoparticles, functioning in response [...]

S. Korea, U.S. To Fund $6 Mln on Project to Develop Disaster-Response Robot Tech

S. Korea, U.S. To Fund $6 Mln on Project to Develop Disaster-Response Robot Tech

SEJONG, Oct. 18 (Korea Bizwire) – South Korea and the United States will spend a combined US$6 million on a joint research project to develop robotic technologies for disaster response over the next three years, the trade ministry here said Tuesday.  Officials from the two governments, including South Korea’s Director General Kim Jeong-hwan and U.S. [...]