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Tech Titans Samsung and LG Escalate Robotics Race with Major Investments and R&D

SEOUL, Mar. 13 (Korea Bizwire) – Amid the rapidly growing global robotics market, fueled by advancements in Artificial Intelligence (AI) and Information and Communication Technology (ICT), tech giants Samsung Electronics and LG Electronics are ramping up their investments and research and development efforts. The robotics sector, which integrates various fields such as AI, semiconductors, optics, telecommunications, [...]

Healthcare Innovators Employ AI and Robotics to Pioneer Non-Drug Therapies for Alzheimer’s Treatment

SEOUL, Feb. 13 (Korea Bizwire) – The healthcare industry is witnessing a surge in the development of non-pharmacological interventions to assist in the treatment of Alzheimer’s, leveraging artificial intelligence (AI), robotics, and low-dose radiation systems. Radicure, a company specializing in dementia-dedicated digital X-ray systems, has partnered with Neurophet, a brain disorder imaging AI solution firm, to [...]

Hyundai Partners with Real Estate Investor to Construct Robot-friendly Buildings

SEOUL, May 10 (Korea Bizwire) — Hyundai Motor Group has announced plans to construct state-of-the-art smart offices that offer various convenience features based on robotics technology. The group said Tuesday it has signed a business agreement with IGIS Asset Management Co., the top real estate investor in the country, to facilitate the commercialization of robot-friendly [...]

Samsung Names Mobile, Appliance Business DX, Promotes Robotics as Future Growth Driver

SEOUL, Dec. 13 (Korea Bizwire) — Samsung Electronics Co. named its newly merged unit for mobile and appliances the device experience (DX) division, the company has said, in a sign of its resolve to provide its customers with new, meaningful experiences. Last week, the tech giant announced it had merged the consumer electronics and IT [...]

Finger-shaped Ultra-small ‘Gripper’ Robot Developed

SEOUL, Oct. 15 (Korea Bizwire) — A finger-shaped ultra-small robotic gripper that ensures accurate measurement even for weak pulse and low heart rate was developed. A research team of Ajou University said that it developed a finger-shaped ‘soft gripper’ and published the research results in the international academic journal Science Robotics on Thursday. By using [...]

CUHK Business School Research Finds the Use of Robotics Can Help Draw Customers Back into Restaurants and Hotels

HONG KONG, CHINA, Oct. 8 (Korea Bizwire) - Just how much of the global service industry will be left standing by the time COVID-19 is brought under control is anybody’s guess. In the U.S., an industry association says restaurants across the country are on track to lose US$240 billion in revenues by the year-end. Most hotels stand [...]

KT to Buy Stake in Hyundai Heavy’s Robotics Unit

SEOUL, June 16 (Korea Bizwire) — KT Corp., a major South Korean telecommunications firm, on Tuesday said it will acquire a 10 percent stake in a robotics unit of shipbuilding giant Hyundai Heavy Industries Group to enhance its competitiveness in smart factory and robot solutions. KT said it will acquire the stake in Hyundai Robotics [...]

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 [...]

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

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 [...]