translation automation

Mergers & Acquisitions Daol PE buys Youngil Glass to ride Korean cosmetics boom

Daol Private Equity has acquired Youngil Glass Industry Co., a South Korean manufacturer of glass containers, in a 65 billion won ($44.5 million) de...

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...

Robotics POSCO to buy Korean robotics firm stake for steel business

South Korea’s steel-to-battery materials conglomerate POSCO Group will invest in the leading domestic robotics company to boost its ailing ste...

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 CJ OliveNetworks to build HiteJinro smart factory in Vietnam

South Korea's CJ OliveNetworks said on Thursday it secured a contract to build a smart factory of the nation's leading soju maker HiteJinro Co. in V...

Chemical Industry KCC develops automated painting robot

South Korean chemical and auto parts maker KCC Corp. said on Monday that it developed the country's first autonomous painting robot Smart Canvas.T...

Robotics POSCO DX to focus on AI-led intelligent factory systems

POSCO DX Co., an IT service arm of South Korea’s POSCO Group, will transform into an AI-enabled intelligent factory system developer to automa...

Tech, Media & Telecom Hanwha, KT to cooperate on smart mining

South Korea's Hanwha Global, the global division of Hanwha Corp. and KT Corp. announced on Monday that they signed a memorandum of understanding (...

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...

Robotics Sampyo Group enters automated robotic parking business

South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...

Batteries Hyundai Glovis, EcoPro team up for EV battery recycling business

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, and EcoPro Co., the country’s leading electric vehicle batt...

Batteries SK On invests in Yuilrobotics for its US battery plants

SK On Co., the world’s fifth-largest electric vehicle battery producer, is slated to invest in South Korean robot automation system developer ...

Food & Beverage Hanwha Foodtech opens R&D center in Seongnam

Hanwha Foodtech, a subsidiary of Hanwha Hotels & Resorts specializing in food and beverages, announced on Wednesday that it opened a research an...

Artificial intelligence SK C&C unveils enterprise-tailored sLLM

SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, announced on Monday that it launched Solur LLM...

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...

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...

Logistics Hyundai Glovis to supply $29 mn logistics automation systems

South Korea's Hyundai Glovis Co. announced on Wednesday that it signed a contract with Korea Superfreeze Inc. and EcoPro CnG to supply logistics aut...

Electric vehicles Doosan, LG unveil automated EV charger served by robot

Doosan Robotics Inc. and LG Electronics Inc. have jointly developed an automated electric vehicle charger served by a robot and launched its pilot o...

Logistics Hyundai Movex to supply smart logistics for EcoPro BM Canada plant

South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...

Food & Beverage Hanwha acquires US robot-made pizza brand Stellar

Hanwha Foodtech, a food & beverage subsidiary of South Korea's Hanwha Group, announced on Monday that it acquired the US robot-made pizza brand ...

Electric vehicles EVSIS completes new smart factory in Cheongju

EVSIS, Lotte Data Communication Co. 's electric vehicle (EV) charging subsidiary, announced on Thursday that it held the completion ceremony for i...

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...

Tech, Media & Telecom Doosan to form $75 mn fund for new techs

Doosan Investment, the corporate venture capital (CVC) arm of South Korea's Doosan Group, has formed a 100 billion won ($75 million) fund, focusin...

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...

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 ...

Steel POSCO DX to develop robots for steel mills

POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., will collaborate with Chosun Refractories Co. to develop ...

Automobiles Hyundai Movex to supply smart logistics for Hankook Tire US plant

South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, secured a $82 million contract to equip Hank...

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 Hancom to unveil document creator like Mircrosoft's Copilot

Hancom Inc., a homegrown office suite developer in South Korea, is set to speed up its artificial intelligence business with a beta service of AI-po...