Department of Intelligent Software

Corporate strategy Hyundai chief Chung Euisun targets software-led car dominance by 2028

Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc. in software-defined vehicle (SDV) technology by 2028, un...

Artificial intelligence AI data center with up to 3 gigawatts of power envisioned for South Korea

An investor group is planning one of the world’s largest data centers for artificial intelligence in South Korea, a sign of red-hot AI de...

Automobiles Hyundai Motor, Nvidia team up for AI development for future mobility

South Korea’s top automaker Hyundai Motor Group said on Friday that it has teamed up with Nvidia Corp. to accelerate the development of advanc...

Retail E-Land sets sights on Vietnam as its next China, to open 10 outlets by 2025

South Korea’s retail giant E-Land Group has set its sights on Vietnam as its next target market after China, planning to open 10 outlets there...

Corporate restructuring Lotte puts department store in Centum City, Busan on market

Lotte Shopping Co. has put one of its core department stores, Lotte Department Store Centum City in Busan, on the market in line with its parent gro...

Robotics Robotis, MIT to jointly develop physical AI

South Korea's Robotis Co. said on Tuesday it partnered with the Massachusetts Institute of Technology (MIT) to develop physical AI.Robotis and MIT w...

Beauty & Cosmetics L’Oréal opens SkinCeuticals second global store in S.Korea

L’Oréal Group, the world’s largest beauty company, said on Monday it opened its second global SkinCeuticals store at Lotte Depart...

Foreign exchange South Korea returns to US FX monitoring watchlist

The United States has reinstated South Korea on its foreign-exchange monitoring watchlist, a year after it removed Asia’s No. 4 economy from t...

Executive reshuffles Shinsegae Group splits E-Mart, department store with executive reshuffles

South Korea’s retail giant Shinsegae Group on Wednesday carried out one of its most drastic executive reshuffles, officially splitting the gro...

Culture & Trends Seoul to light up Myeong-dong with LEDs like Times Square

Seoul will light up Myeong-dong, a bustling area with office workers and shoppers in the heart of the city, with 16 large outdoor digital billboards...

North Korea North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korea has sent hundreds of special forces to eastern Russia for training in recent weeks, according to South Korea’s main intelligence a...

Automobiles Hyundai AutoEver SW platform gets A-SPICE level 3 certification

South Korea's Hyundai AutoEver Corp. said on Tuesday that its Mobilgene Classic 2.0 software platform has become the first in South Korea to receive...

Artificial intelligence Naver Labs tops in spatial intelligence tech at ECCV

Naver Labs' spatial intelligence technology was recognized as superior to that of Google, Apple, and Meta at the world's leading computer vision con...

Automobiles Hyundai Motor Group’s software unit launches cybersecurity division

Hyundai AutoEver Corp., Hyundai Motor Group’s software unit, is set to boost its automotive cybersecurity business by launching a new division...

Korean chipmakers Artificial intelligence creates DRAM divide between hot sellers, laggards

In recent years, the big buzz across industries has been around the power of artificial intelligence, with some critics raising concerns about AI ex...

Companies Samsung develops health software development kit

Samsung Electronics Co. on Thursday introduced the Samsung Health Software Development Kit (SDK) Suite, aimed at helping developers and researchers ...

Batteries LG Energy Solution’s battery management business gains traction

LG Energy Solution Ltd. has kicked off a battery management total solution (BMTS) business to offer automakers more advanced and comprehensive batte...

Bio & Pharma Osstem Implant to boost digital dentistry business

South Korea's Osstem Implant Co., the world’s fourth-largest dental implant maker, will enhance its software system of digital dentistry. ...

Korean chipmakers SK Hynix’s CXL optimization software tool installed on Linux

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Monday the key features of its computer expr...

Retail Shinsegae Department Store expands its diamond business

South Korea's Shinsegae Department Store is expanding its diamond business.Shinsegae announced on Thursday that it has entered into a strategic part...

Automobiles Hankook Tire to develop AI-based tire pattern generation models

Hankook & Company Co., the holding company of South Korea’s largest tire maker Hankook Tire & Technology Co., said on Friday that it s...

Healthcare Hyundai Department to triple healthcare sales by 2030 with Nestle

Hyundai Department Store Group, a South Korean conglomerate controlling retail, fashion, healthcare and lifestyle businesses, aims to triple its hea...

Tech, Media & Telecom South Korean developers fret over inflow of Indian talent

South Korea is opening its doors wide to Indian developers, causing some concerns that the inflow of highly talented software developers from the So...

Beauty & Cosmetics Shinsegae Int'l opens Swiss Perfection pop-up in Tokyo

Shinsegae International, the cosmetics and fashion division of South Korea's Shinsegae Group, entered Japan's ultra-luxury beauty market by promot...

Robotics Clobot seeks to list Kosdaq in October

South Korea's robot software company Clobot said on Tuesday that it submitted a registration statement to the Financial Services Commission and ha...

Private equity Korea’s Tmax Group buys back software developer for $612 mn

South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...

Fashion Kolon FnC to launch Italian high-end brand N21 in S.Korea

South Korea's Kolon FnC said on Thursday that it will launch the Italian high-end fashion brand N21 in South Korea.In August, Kolon FnC has secured ...

Batteries LG Energy looks to battery safety diagnosis software business

LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...

Bio & Pharma Volpara to supply cancer diagnostics SW to Intermountain Health

Lunit, a South Korean cancer diagnostics AI company, announced on Wednesday that its subsidiary Volpara Health, a New Zealand-based AI software deve...

Beauty & Cosmetics Amorepacific's Hera enters Thai market

South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera opened its first store on August 8 at Central Chi...