Hanwha Robotics, B-Robotics join hands on restaurant automation project

SEOUL, May 03 (AJU PRESS) - Hanwha Robotics signed a memorandum of understanding with service robot firm B-Robotics to cooperate in restaurant automation solutions, the robot arm of Korea's Hanwha Group said Friday. Under the deal, Hanwha will provide expertise in food technology, including culinary robots proficient in cooking meals and pouring wine, while B-Robotics will contribute serving robot-related technologies. Previously, Hanwha Robotics showcased a robot sommelier c

May 3, 2024

Hyundai Rotem selected as preferred bidder for armored vehicle contract with Peru

SEOUL, May 02 (AJU PRESS) - South Korea's Hyundai Rotem has been chosen as the preferred bidder for a deal to supply wheeled armored vehicles to the Peruvian Army, the defense contractor said Thursday. If the contract is finalized, it will mark the first time the nation's infantry fighting vehicles (IFVs) are exported to South America. Under the agreement worth $60 million, Hyundai Rotem will provide 30 K808 IFVs, called Baekho (white tiger), via the Seoul-based trading co

May 2, 2024

Education startup Mathpresso makes TIME's top edutech company list

SEOUL, April 25 (AJU PRESS) - South Korean startup Mathpresso has been listed on the "World's Top Edtech Companies of 2024" by TIME Magazine. Mathpresso was ranked 136th on the list released on Tuesday. The magazine collaborated with market research firm Statista to select 250 education technology firms from among 7,000 candidates. "The ranking is built on two pillars: financial strength and industry impact," TIME said on its official website. The Korean s

April 25, 2024

Vietnamese schools adopt AI-based Korean learning platform

SEOUL, April 25 (AJU PRESS) – Visang Education, a Korean educational company, said Thursday its artificial intelligence-based Korean-language learning platform has been adopted by seven schools in Viet Nam. The platform, called Master K, incorporates various smart learning solutions, such as virtual learning and AI pronunciation tests, to enable remote lectures. The Southeast Asian country has designated Korean as one of its first foreign languages but has yet to secure enough

April 25, 2024

Korea reports world's first demonstration of integrated operation of urban air mobility systems

SEOUL, April 24 (AJU PRESS) - A Korean consortium said Wednesday it has successfully demonstrated the integrated operation of urban air mobility (UAM) systems, marking progress in the nation’s plan to commercialize flying taxis by 2025. The K-UAM One Team, consisting of Hyundai Motor, KT, Korean Air, Incheon International Airport Corporation, and Hyundai E&C, conducted the test involving aircraft flight, safety, operational systems and traffic management, in an aviation

April 24, 2024

LG Electronics, Kakao Mobility collaborate on delivery robot service

SEOUL, April 23 (AJU PRESS) - LG Electronics will provide its autonomous robot "CLOi" for Bring, a delivery service app by Kakao Mobility set to be launched this Friday. When users place orders for coffee and food via the Bring app, CLOi robots will deliver them to offices, hotels, and many other facilities. The robot, capable of transporting products weighing up to 30 kilograms (66.1 pounds), can serve up to four locations. Staff members will load the items into the d

April 23, 2024

Carmakers, tech firms gather in Seoul for premier industry show

SEOUL, April 23 (AJU PRESS) – The world's leading companies in the electric vehicle industry will showcase their latest products and technologies at the 37th International Electric Vehicle Symposium and Exhibition (EVS37), which kicked off on Tuesday for a four-day run at COEX in southern Seoul. About 160 companies from 12 countries are participating in the world's largest and oldest EV conference-cum-exposition, known as the "Olympics of the EV Industry,"

April 23, 2024

AI translation service for foreigners gains momentum in Korea

SEOUL, April 22 (AJU PRESS) - The booming tourism industry is driving the adoption of innovative solutions, with AI translation services taking center stage. These services, capable of real-time speech-to-text conversion, are removing language barriers for non-Korean speaking visitors. Leading the charge is Lotte Department Store, a subsidiary of the Lotte Group. Recognizing the influx of foreign customers, particularly at its Jamsil branch, which is receiving roughly 700 daily inqu

April 22, 2024

Korea's largest nuclear energy expo to take place in Busan

SEOUL, April 19 (AJU PRESS) - The "International Nuclear Energy Expo 2024," the largest nuclear power exhibition in Korea featuring 100 global companies will kick off in the southern port city of Busan for three days starting on April 24th. Exhibitors will focus on presenting solutions related to small modular reactors, which are claimed to be smaller and safer than conventional reactors. The nuclear energy expo will take place in BEXCO, a convention center in eastern Busa

April 19, 2024

LS Materials breaks ground for EV aluminum parts factory in southern city

SEOUL, April 18 (AJU PRESS) - LS Materials, the materials-processing wing of Korea's LS Group, has broken the ground for an electric vehicle battery case component. Aluminum parts produced at the factory will provide protection for EV batteries that are vulnerable to external impacts. High-performance lithium-ion batteries, mainly used in EVs, can contain high levels of energy but they can easily combust when the battery casing is breached and internal components are damaged.

April 18, 2024