Hanwha Aerospace, Hanwha Ocean to jointly develop hydrogen fuel cells for ships

SEOUL, May 27 (AJU PRESS) - Hanwha Aerospace and Hanwha Ocean, both affiliated with Hanwha Group, Korea's seventh-largest business group, will jointly develop hydrogen fuel cells for ships as part of a government-led green energy project. The aerospace company announced on Friday that it has been selected by the Ministry of Trade, Industry and Energy to conduct a research and development project for 200-kilowatt-class hydrogen fuel cell power packs for ships. "We will ex

May 27, 2024

LS Cable to build plant in Mexico for high-capacity power transmission system

SEOUL, May 24 (AJU PRESS) - LS Cable & Systems, a Korean power cable maker, plans to construct a factory in Mexico to produce bus ducts, a new type of electricity distribution system typically installed in high-rise buildings due to their efficiency and convenience compared to conventional cables. A bus duct, containing either aluminum or copper busbars, is mostly used for large-scale electrical transmission. The system offers convenience in installation and maintenance and ca

May 24, 2024

Researchers develop stretchable electronic skin with telecommunication capabilities for first time

SEOUL, May 23 (AJU PRESS) - Korean and U.S. researchers have developed a highly elastic electronic material that mimics the movements of skin and maintains its radio frequency properties even when stretched, marking a significant advancement in the development of wearable devices. Electronic skin with sensing and telecommunication capabilities is recognized as the next-generation wearable device, ideal for tracking the body signals of the wearer. However, current devices like skin

May 23, 2024

Lunit acquires New Zealand's medical AI firm specializing in breast cancer

SEOUL, May 22 (AJU PRESS) - Lunit, a Korean medical artificial intelligence firm, has finalized its acquisition of Volpara Health Technologies, a New Zealand-based AI solution developer specializing in the detection of breast cancer, the two companies announced on Wednesday. Volpara is known for its AI solution capable of quantifying breast tissue density to aid in breast cancer risk assessment. The company also possesses about 100 million mammogram images and currently provides bre

May 22, 2024

Aidin Robotics wins second prize in international contest

SEOUL, May 21 (AJU PRESS) - Aidin Robotics from Korea ranked second in an international robotics contest held in Japan last week. A joint team from the company and the Robotics Innovatory of Sungkyunkwan University in Seoul participated in the Grasping and Manipulation Competition, part of the annual International Conference on Robotics and Automation (ICRA) held in Yokohama, south of Tokyo, from May 13 to 16. The team's Robotic Piece Picking Solution for Logistics won seco

May 21, 2024

Turkish corvette-class warship to visit Busan next month

SEOUL, May 20 (AJU PRESS) - The Turkish Navy's corvette-class warship is set to dock in Korea's southern port city of Busan next month, the Turkish Embassy in Seoul said last week. As part of its Asian tour of 20 countries, the TCG Kinaliada will make a two-day stopover in Korea starting from June 4. During its visit, ordinary visitors will be allowed to board the warship for a brief tour. In a press briefing in Seoul on May 17, the Turkish Embassy said that the warship

May 20, 2024

Hyundai Elevator developing vertical airport for urban air mobility

SEOUL, May 16 (AJU PRESS) - A consortium led by Hyundai Elevator is developing a vertical airport for urban air mobility (UAM) as part of a state project to build highly automated air transportation systems in urban environments, the Korean company said. The top elevator maker in Korea said Wednesday its consortium has been selected by the Ministry of Land, Infrastructure and Transport to develop a vertical airport, or vertiport, where aircraft land and take off vertically, and a s

May 16, 2024

Korea selects four groups for alternative seafood research

SEOUL, May 10 (AJU PRESS) - The Korean government has selected four consortia to conduct research into alternative seaweed products and lab-grown fish, officials said Friday. The Ministry of Oceans and Fisheries plans to invest 28.6 billion won ($20 million) in the projects over five years. Pukyong National University and eight other institutions will focus on producing salmon substitutes from algae, while Ewha Womans University and its team were chosen to produce grilled seafoo

May 10, 2024

Upstage, Flitto join hands to build multilingual AI dataset for large language models

SEOUL, May 10 (AJU PRESS) - Korea's AI startup Upstage has signed a memorandum of understanding with translation platform operator Flitto to create an artificial intelligence-based dataset that can handle multiple languages beyond English. The partnership inked Thursday is aimed at developing large language models (LLMs) in Japanese, Thai, and other languages, potentially filling the data gap left by major western tech firms' LLM development projects, Upstage said. Western

May 10, 2024

Taihan Cable showcases power grid replacement solution at U.S. industry fair

SEOUL, May 09 (AJU PRESS) - Korea's Taihan Cable & Solution is showcasing around 30 technologies and products, including an innovative solution to replace outdated power grids, at a U.S. industry show. The Korean power cable maker is among about 660 companies from 60 countries participating in the biennial IEEE PES T&D Conference and Exposition, the largest exhibition for the power and energy industry in the U.S., currently underway in Anaheim, California, from May 6 to

May 9, 2024