SEOUL, Oct. 24 (Korea Bizwire) – RobotWorld 2024, South Korea’s largest robotics industry exhibition, opened on October 23 at KINTEX in Goyang, marking its largest edition yet in its 19-year history with 291 companies and institutions participating across 880 exhibition booths. The four-day event, organized by the Ministry of Trade, Industry and Energy and co-hosted by the [...]
SEOUL, Jul. 25 (Korea Bizwire) – South Korean tech giant Naver is gaining increased attention from global investment banks, with its webtoon platform and robotics ventures leading the charge. According to industry sources on July 24, Goldman Sachs and Evercore ISI, two prominent investment banks, have set ambitious target prices for Webtoon Entertainment, the parent company [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]