Overseas Koreans to be allowed to access digital services without local phone numbers

SEOUL, July 18 (AJU PRESS) - The Korea Internet and Security Agency (KISA) announced on Thursday that Korean citizens living abroad will soon be able to access domestic digital services, including banking, without maintaining a Korean mobile phone subscription. KISA has signed an agreement with five major financial institutions and government bodies to allow overseas Koreans to use electronic signature authentication issued by these entities. The pilot service, set to launch by year

July 18, 2024

Lotte Mart to launch AI-selected crisp peaches

SEOUL, July 17 (AJU PRESS) - Lotte Mart, a major Korean retailer, announced on Wednesday that it will introduce peaches selected by artificial intelligence (AI) starting July 18. The company said it aims to enhance product quality through an advanced AI-based sorting system that utilizes deep learning algorithms to improve accuracy in fruit selection. The AI system employs high-speed cameras to capture three to four images per second of peaches on a conveyor belt, identifying de

July 17, 2024

Virtual tellers: Shinhan Bank rolls out AI clerks in branches nationwide

SEOUL, July 12 (AJU PRESS) - Shinhan Bank has rolled out artificial intelligence-based clerks capable of interacting with customers at branches across South Korea, the company announced Friday. The virtual tellers were developed by DeepBrain AI, an AI solution company, using deep learning and voice and video synthesis technologies. They appear on digital kiosks and interactive screens in Shinhan branches. Based on footage of five actual Shinhan employees, they are capable of gree

July 12, 2024

Upstage adopts FriendliAI's data management solution for AI translation service

SEOUL, July 12 (AJU PRESS) - Korea's AI startup Upstage has signed a memorandum of understanding with domestic AI platform developer FriendliAI to manage its translation service specializing in Korean and English. Upstage said Friday that its large language model (LLM) solution "Solar" will utilize FriendliAI's graphics processing units (GPUs) management solution to handle translation data and enhance performance efficiency. Solar is a deep-learning platform capabl

July 12, 2024

Korean researchers develop mass-producible large transparent screens

SEOUL, July 3 (AJU PRESS) - The Korea Institute of Machinery & Materials (KIMM) has successfully commercialized a 100-inch nano transparent screen that can be mass-produced at a fraction of the cost of existing technologies. The innovation, developed in collaboration with Meta2People, allows for adjustable transparency based on ambient lighting and image information. The new screens utilize titanium dioxide nanoparticles dispersed within a film as thin as a human hair. When c

July 3, 2024

Korea's hydrogen car ambitions hit roadblock

SEOUL, July 1 (AJU PRESS) - A few years ago, Korea appeared poised to be a trailblazer in the transition to hydrogen-powered vehicles. The nation’s leading automaker, Hyundai Motor Co., was the first in the world to mass-produce fuel cell electric vehicles (FCEVs) and its flagship model, the NEXO, quickly dominated the global market. The government buttressed the industry with subsidies and incentives. However, the hydrogen hype is now fading fast, with sales plummeting, exports

July 1, 2024

Seoul plans virtual replica of Yeouido for urban challenge simulation

SEOUL, June 26 (AJU PRESS) - Techtree Innovation has partnered with Seoul City to recreate the island of Yeouido on the Han River in a virtual world for simulating various urban problems, the Korean 3D geospatial map developer announced on Wednesday. Techtree specializes in spatial digital twin technology, which enables high-resolution mapping. This technology allows city officials to develop digital twin infrastructure and conduct simulations for natural disasters like flooding.

June 26, 2024

LG Uplus launches AI model ixi-GEN targeting B2B market

SEOUL, June 25 (AJU PRESS) - Korean telecom company LG Uplus Corp. unveiled its proprietary small large language model (sLLM) ixi-GEN on Tuesday, aiming to expand its presence in the business-to-business (B2B) artificial intelligence market. The AI model, based on LG AI Research's EXAONE, has been trained on LG Uplus' telecom and platform data. The company plans to initially implement ixi-GEN in eight of its services, including chat agents and mobile store advisors, before t

June 25, 2024

South Korea to support technology development for defense industry

SEOUL, June 20 (AJU PRESS) - The Korean government on Thursday announced plans to support the development of materials and components technologies to enhance the domestic defense industry. The Ministry of Trade, Industry and Energy and the Defense Acquisition Program Administration said that they have finalized a development roadmap for materials and components in five defense-related sectors – space, artificial intelligence (AI), hybrid unmanned-manned systems, robotics and

June 20, 2024

HHI unveils AI-driven offshore patrol vessel

SEOUL, June 19 (AJU PRESS) - HD Hyundai Heavy Industries (HHI) showcased an artificial intelligence-based offshore patrol vessel (OPV) Wednesday at a maritime exhibition in the western port city of Incheon. The world's largest shipbuilder is participating in the Korea Ocean Expo 2024, a biennial event that started that day for a three-day run. The maritime exhibition is attended by experts from various fields including maritime, aviation, port, logistics and leisure industries.

June 19, 2024