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New AI-based Service Will Make It Easier to Search for Promising Public Technologies

New AI-based Service Will Make It Easier to Search for Promising Public Technologies

SEOUL, Jan. 5 (Korea Bizwire) — A new service will be introduced to make it easier to search the publicly-owned technologies with promising commercialization prospects among those developed by universities or research institutes. The Ministry of Science and ICT on Wednesday officially opened the public technology transfer and transaction platform ‘ETechS’ that was upgraded by [...]

Defense Firms Look for New Business Opportunities Using Military-purpose Technologies

Defense Firms Look for New Business Opportunities Using Military-purpose Technologies

SEOUL, June 2 (Korea Bizwire) — South Korea’s major defense companies are stepping into new businesses such as urban air mobility (UAM) and drones on the back of their long-accumulated expertise in military-purpose technologies. Hanwha Systems Co., the defense and ICT unit of Hanwha Group, signed a business agreement with Britain’s UAM infrastructure specialist Skyports [...]

Advanced Technology Moves into Daily Life as Fear of Coronavirus Spreads

Advanced Technology Moves into Daily Life as Fear of Coronavirus Spreads

SEOUL, Feb. 17 (Korea Bizwire) — As the aftermath of the novel coronavirus outbreak, technologies that can reduce anxiety and fear in daily life are rapidly gaining popularity. In particular, so-called ‘untact’ ordering services are quickly gaining ground at restaurants. These types of services allow customers to order and pay for their food at the [...]

Ministry to Employ Latest Technologies to Boost Military Logistics Efficiency

Ministry to Employ Latest Technologies to Boost Military Logistics Efficiency

SEOUL, Apr. 17 (Korea Bizwire) — The defense ministry said Wednesday that it plans to establish a defense “big data” system this year as part of efforts to enhance the military’s logistical capabilities by harnessing cutting-edge technologies. It is one of the ministry’s 18 plans to be pushed for this year under the Defense Reform [...]