KB News DeskLG Innotek gears up to turn vehicle sensor unit into $1.4 bil. business by 2030
LG Innotek is looking to grow its automotive sensor business to have a 2 trillion won ($1.4 billion) annual revenue by 2030, the company said Monday. “Based on the success…
All-solid-state battery touted as solution to repeated deadly fires
Fears grow over everyday use of batteries containing lithium By Park Jae-hyuk Battery manufacturers are facing growing calls to make safer products, as a local lithium battery plant fire killed 23 people…
HD Hyundai recognized for cybersecurity technologies for ships
HD Hyundai became the first Korean firm to receive approvals in principal (AiPs) from the world’s six largest ship classification societies for its cybersecurity technologies for ships, the company said…
SK, KT, LG compete in quantum cryptography at Quantum Korea event
SK Telecom, KT and LG Uplus introduced their core technologies in quantum computing at the Quantum Korea tech event, seeking new growth through technology that will be a future game changer in…
AI boom sparks competition for cooling fluids
Oil refiners find new growth engine amid worsening profits The rapid growth of artificial intelligence (AI) in recent years has prompted four oil refiners in Korea to pursue the production…
Google Cloud vows to help Korean companies’ succeed with AI
Google Cloud aims to empower its enterprise clients in Korea to drive business innovation through its generative AI-powered cloud computing services, head of its Korean unit said Wednesday. “As a…
LG launches AI robot subscription service for businesses
LG Electronics launched a subscription service for its CLOi robots equipped with enhanced AI features as part of efforts to expand its presence in the business-to-business (B2B) market, the company said Monday.…
Naver CEO says to not sell its stake in LY in ‘short term’
Naver CEO Choi Soo-yeon confirmed Tuesday the company will not sell its stake in Japan’s LY Corp., the operator of popular mobile messenger Line, in the “short term” amid LY’s…
BHSN aims to deliver top legal AI service for businesses
BHSN, a local AI startup, aims to support enterprise clients streamline legal tasks, such as drafting contracts, through its artificial intelligence-based legal service, Allibee, its CEO Lim Jeong-geun said Wednesday.…
Samsung Brush chairman known for large donation to KAIST passes away at 94
Jang Seong-hwan, a 94-year-old Korean businessman who was the chairman of Samsung Brush and was known for a large real estate donation to KAIST, passed away on Monday, according to…
