Technology
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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 -
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
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PHOTOS: Paris kicks off Olympics with outdoor spectacle despite glitches
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Korea pins hopes on key disciplines as Paris Olympics open with riverfront ceremony amid rail chaos
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PHOTOS: Retro street in central Seoul faces uncertain future
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PHOTOS: Seoul Summer Beach transforms Gwanghwamun into urban water park
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PHOTOS: Incheon Airport gears up for summer travel boom
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From lovebugs to nutrias: Korea grapples with growing threat of alien species
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Dark web drug ring with 4,000 buyers busted
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Defense chiefs of S. Korea, US, Japan to meet in Tokyo next week
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Actor Yu Ah-in booked on allegations of sexually assaulting man in his 30s
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Amid e-commerce settlement dispute, Tmon begins refunds after customers occupy office