LG Electronics commercializes smart factory solutions for enterprises

SEOUL -- South Korean tech giant LG Electronics has commercialized its smart factory technologies and solutions for enterprises by setting up a new dedicated business team in the company's production technology institute reflecting LG's big plan to beef up smart farm business capabilities. LG said on March 10 that the company opened the new smart factory business operations team in its manufacturing technology institute located in Pyeongtaek some 60 kilometers (37 miles)

March 11, 2024

Lunit to provide AI solution for breast cancer to Singaporean hospital  

SEOUL -- "Lunit INSIGHT MMG," a solution specializing in detecting breast cancer created by South Korea's medical artificial intelligence company Lunit, was adopted by a Singaporean hospital run by Southeast Asia's largest medical group IHH Healthcare. Starting with the contract with the healthcare group, which manages more than 20 hospitals in Southeast Asia, Lunit aims to expand its presence into other hospitals operated by IHH. The adoption of Lunit INSIGHT MM

March 11, 2024

Lotte holds AI conference for executives

SEOUL -- South Korean conglomerate Lotte Group has hosted a conference in Seoul for its executives to explore AI technologies and their potential to transform the group's core businesses. The March 7 event drew approximately 110 participants, including Lotte Chairman Shin Dong-bin and CEOs and CSOs from all affiliates. Lotte recognizes that AI is not only enhancing work efficiency but also becoming a strategic tool. To drive AI adoption, the conference focused on fostering

March 8, 2024

Naver to build Saudi's intelligent transportation system

SEOUL -- Team Naver, the digital business arm of South Korea’s largest portal site, has signed a strategic partnership agreement with Saudi Arabia’s Saudi Public Transport Company (SAPTCO) to build an intelligent transportation system in the Middle East country. Under the agreement, Team Naver will utilize its technologies in cloud, artificial intelligence and digital technologies to build a new transportation system for Saudi Arabia. If this project goes smoothly

March 7, 2024

Game publisher NCSoft kicks into full gear to accelerate research and development of AI

SEOUL -- To diversify its main business channels and nurture a new future growth engine, South Korea's major game publisher NCSoft has merged its centers for artificial intelligence and natural language processing to a single research and development headquarters for AI technologies. NCSoft is recognized as the creator of South Korea's iconic massively multiplayer online role-playing game (MMORPG) "Lineage." The company established in 1997 is now a strong player

March 6, 2024

Researchers find strain capable of producing alternative meat proteins in southern island

SEOUL -- A strain capable of producing mycoprotein, one of the key alternative meat ingredients, has been discovered in a river on the southern resort island of Jeju. The extracted mycoprotein can be used for providing cultured meat products with real meat flavor. Mycoprotein (fungal protein) is a protein produced by fungi such as mold and mushrooms. The Nakdonggang National Institute of Biological Resource said that they have discovered a strain called "Aspergillus tubingens

March 5, 2024

Education company Visang to develop AI-based digital math textbook

SEOUL -- South Korea's Visang Education has partnered with Mathpresso, the operator of artificial intelligence-driven learning platform called "Qanda," to develop an AI app-based math textbook. This solution will suggest questions tailored to each student's academic proficiency and offer hints when they get stuck. Qanda, boasting approximately 90 million users, rapidly provides explanations within five seconds after a student snaps a photo of a challenging math

March 5, 2024

South Korea's robot test site eyed in Daegu

SEOUL -- The South Korean government announced plans, on March 4, to invest 200 billion won (approximately $1.5 billion) in building a national robot test field in Daegu. The announcement was made at a town hall meeting held at Kyungpook National University under the theme of "Daegu Rising as a Leader in Advanced New Industries." The robot test field will help companies evaluate and validate the safety and functionality of their robots in both real and virtual environmen

March 4, 2024

[MWC 24] S. Korean care robot company Hyodol wins health tech award at MWC

BARCELONA -- South Korean care robot company, Hyodol, has achieved a significant breakthrough at the Mobile World Congress (MWC) in Barcelona by clinching an award in the "Best Mobile Innovation for Connected Health and Wellbeing" category. Hyodol specializes in the development of doll-shaped robots resembling six-year-old children. Equipped with a mobile communication module, processor, various sensors, and speakers, these care robots are powered by ChatGPT, an artifici

February 29, 2024

AI developer Upstage to release on-device AI-based office software solution in March

SEOUL -- South Korean artificial intelligence technology developer Upstage has worked with Polaris Office, a domestic office productivity software developer, to create an on-device generative artificial intelligence solution that can generate text, translate, and summarize documents in real-time. The solution, which does not require any internet connection, is scheduled to be released in March 2024. An on-device software is a standalone program that does not need a connection to a

February 29, 2024