machine translation

Corporate investment LG Electronics breaks ground on $600 mn home appliance plant in India

South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...

Aerospace & Defense Boryung invests $10 million in Intuitive Machines

South Korea's Boryung Corp. said on Friday it bought $10.0 million in shares of US-based lunar lander company Intuitive Machines to expand its space...

Economy S.Korea's foreign reserves amount to $415.4 bn in Nov

South Korea's official foreign reserves at the end of November amounted to $415.4 billion.According to the Bank Of Korea (BOK) on Wednesday, the nat...

Korean startups Bering Lab eyes 7-fold jump in revenue in 5 years

Bering Lab Inc., a South Korea-based artificial intelligence technology-powered translation startup with specialties in legal, financial and intelle...

Tech, Media & Telecom SK Telecom, KT win at Leading Lights Awards

SK Telecom Co. and KT Corp. received the Leading Lights Awards 2024. SK Telecom and KT were named winners of Outstanding Use Case: AI/Machine L...

Korean chipmakers Samsung sets sights on next-generation memory CXL DRAM

South Korean tech giant Samsung Electronics Co. is setting its sights on next-generation memory technology, dubbed CXL, to lead the artificial intel...

Corporate restructuring Doosan Robotics to delist, wholly own cash-cow Doosan Bobcat

Doosan Enerbility Co., a leading South Korean power plant engineering company, is handing over its entire 46% stake in machinery affiliate Doosan Bo...

Electronics Samsung to offer AI features in Galaxy Z6 foldable series

Samsung Electronics Co. will power its Galaxy Z6 series due to be unveiled next month with mobile AI technology, including a live translation featur...

Machinery Korean construction machine makers set sights on India, Brazil, Mexico

South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia,...

E-commerce Coupang, HUFS to partner for industry-academic cooperation

Coupang Inc., South Korea’s No. 1 e-commerce platform, announced on Monday that it signed an industry-academia cooperation agreement (MOU) las...

IPOs Machine tool maker DN Solutions kicks off IPO process

DN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Exchange, in an initia...

Electronics LG’s washers selected as best by Consumer Reports

LG Electronics Inc. swept the top three spots in the major categories of the US Consumer Reports Best Washing Machines of 2024 evaluation.The evalua...

Retail Lotte Dept. Store introduces AI translation service

South Korea's Lotte Department Store announced on Monday that it introduced an artificial intelligence (AI) interpretation service for foreign touri...

Food & Beverage Doosan Robotics supplies barista robot to Mega Coffee

South Korea's Doosan Robotics Inc. announced on Monday that its cooperative robot barista solution has been installed at the Mega MGC Coffee Konkuk ...

Automobiles Hyundai Wia unveils EV manufacturing specialized solution

Hyundai Wia Corp., a South Korean automotive parts manufacturer, unveiled its Mobility Manufacturing Total Solution specialized for electric vehicle...

Electronics LG Elec named best front-load washer in US

LG Electronics Inc. has dominated the top positions in the latest ratings for the best front-load washing machines conducted by Consumer Reports, a ...

Artificial intelligence Upstage releases Solar API for Free

South Korea’s artificial intelligence (AI) startup Upstage announced on Feb. 22 that it released the beta version of its open-source small lan...

Artificial intelligence Naver expands Papago with Arabic translation, boosting global reach

South Korea's leading online portal Naver Corp. announced on Friday the addition of Arabic translation capabilities to its AI-driven translation ser...

Electronics Samsung Galaxy S24 heralds dawning of AI smartphone era

SAN JOSE, Calif. – Samsung Electronics Co. on Wednesday unveiled its latest flagship smartphone Galaxy S24 series, which it calls an “AI...

Construction HD Hyundai Construction, Infracore to use integrated machinery platform

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is building an integrated equipment manufacturing platform for its two const...

Artificial intelligence SK Telecom launches AI-based phone interpreting service

South Korea’s top mobile carrier SK Telecom Co. has launched an artificial intelligence-based telephone interpreting service in real-time for ...

Webtoons Korean digital comics boost Naver Webtoon’s biz in Japan

Naver Webtoon Ltd., the world’s top digital comics provider, enjoyed robust business in Japan with a record gross merchandise value (GMV) this...

Artificial intelligence Samsung to feature AI-based real time translation in Galaxy

Samsung Electronics Co. announced on Thursday it plans to feature AI-based translation in its upcoming Galaxy AI smartphone. AI Live Translate Call ...

Retail Coupang opens its second logistics center in Taiwan

Coupang Inc., South Korea’s leading e-commerce platform, has opened its second fulfillment center in Taiwan and plans to open a third one ther...

Logistics Hyundai Glovis opens smart logistics R&D center G-Lab

South Korean shipping and logistics company Hyundai Glovis Co. announced on Wednesday it has opened a research and development (R&D) space for s...

Robotics Pulmuone launches unmanned instant cooking vending machine

South Korean food company Pulmuone announced on Tuesday that it developed an advanced robotic vending machine capable of preparing hot meals on dema...

Construction HD Hyundai posts big exports to Argentina, S.Arabia

South Korea's HD Hyundai Construction Equipment Co. (HCE) on Sunday said it recently concluded deals to supply 73 machines including excavators and ...

Construction POSCO E&C, LG to develop customized home appliances for remodeling

South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...

Tech, Media & Telecom Naver's translation app Papago faces challenge from German competitor

A German competitor has entered South Korea's translation tool market to challenge No. 1 Naver Corp. and No. 2 Google.The Cologne, Germany-based art...

Tech, Media & Telecom Seoul Metro to develop communication system for foreign passengers

Foreign users of major subway stations in Seoul can communicate with Seoul Metro Corp. staff through simultaneous translation.  Through artific...