Hyundai Motor JV to launch robotaxi services in US by 2023

Hyundai Motor Group's autonomous driving joint venture Motional and US-based ride-hailing company Lyft have joined forces to offer robotaxi servic...

LG launches AI research think tank for digital transformation

LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...

Bluespace.ai to develop autonomous mass transit system in Seoul

Bluespace.ai, a San Jose-based autonomous driving startup, is looking to develop a software system for autonomous mass transit fleets in Seoul and its...

AI chip market heats up, to tip over $100 bn in deals

The global semiconductor industry has been swamped with a series of massive deals this year, likely to tip over $100 billion in deal volume as compani...

BTS may be allowed to delay military service to age 30

South Korea is likely to allow the seven members of boy band BTS to postpone their mandatory national military service by two years until the age of 3...

Foreign cloud service providers led by Amazon, MS play big in Korea

Global cloud service providers such as Amazon Web Services (AWS) are taking a greater share of South Korea’s serverless computing market, where ...

Hyundai Motor hires two AI experts to strengthen foothold in future mobility

Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...

Hyundai Card issues green bonds worth $379 mn to finance eco-friendly services

Hyundai Card Co. has issued green bonds worth 450 billion won ($379 million) to fund its green car financing services, the credit card company said on...

Korean Air, Hahn & Company closer to finalizing $845 mn in-flight meal service deal

Korean Air Lines Co. and local private equity firm Hahn & Company may sign the share purchase agreement (SPA) for the flag carrier’s in-flig...

[Upcoming IPO] Korean streaming service Watcha secures funding to join global players like Netflix

Watcha, a Korean streaming platform, is gearing up to tap into Japan and Southeast Asian markets following the completion of Series D funding worth 19...

App Doctor offers on-demand, hourly app service

For start-ups, applications are often a nuisance. Not only is it tough to develop one, but it's also a hassle to maintain and fix any issues. You're l...

AI chip venture set to challenge Nvidia, Intel, Google

Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...

Korean military fund invests in UK motorway service chain

The Military Mutual Aid Association (MMAA) has invested 40 billion won ($34 million) to buy a minority stake in Welcome Break, the UK’s second biggest...

TEST Robots, AI replace human workers at Kia’s EV6 manufacturing factory

Electric vehiclesHyundaiMotor, Kia, TechKia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at...

SK Hynix introduces Gauss Labs-developed AI solution to semicon process (edited)

SK Hynix said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intelligence (AI) solution to...

AI and other Internet new techs reach every corner of our lives (edited)

Metaverse, artificial intelligence (AI) and other Internet new technologies are gradually taking root in the daily lives of our citizens. In the cas...

LG CNS develops code-generative AI solution

LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...

Samsung SDS showcases new supply chain management solution in the US

Samsung SDS introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Florida, the com...