Latest News
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Southern port city of Busan selected as top tourist spot with most beautiful nightscape
SEOUL -- The southern port city of Busan was selected by the culture ministry and the state tourism promotion body as the top city with the most beautiful nightscape other than Seoul. Among the list of 100 beautiful night sceneries selected across the country, eight places were located in the city well known for its food, culture, and landscape including mountains, rivers, and the sea. Busan with a population of 3.4 million is South Korea's second-largest city and main maritime
9 November 2023
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Philippines' defense forces adopt Lunit's AI chest X-ray solution
SEOUL -- A national military hospital in the Philippines has adopted "Lunit INSIGHT CXR," a chest X-ray analysis solution developed by South Korea's medical artificial intelligence company Lunit, to detect various types of chest diseases. The solution can significantly help medical officers treat soldiers suffering from lung diseases. According to Lunit CEO Brandon Suh, lung-related diseases commonly take place among soldiers and police officers due to group affiliatio
9 November 2023
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Lauv releases Korean version of 'Love U Like That' using AI voice technology
SEOUL -- American singer-songwriter Lauv has released the Korean version of his hit song "Love U Like That" using artificial intelligence-based voice technology. The Korean version was created after the AI solution learned the voice of Kevin Woo, a former member of the South Korean boy group U-Kiss. The South Korean office of Universal Music Group, an American music corporation, said this is the first time for an American pop artist to roll out a non-English-based
8 November 2023
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POSCO Holdings partners with Canadian investment company to roll out oil field brine-based lithium businesses
SEOUL -- POSCO Holdings, the holdings company of South Korea's steelmaker POSCO, has partnered with a private investment company based in Alberta, Canada, to develop and commercialize businesses that include the extraction and processing of lithium from oil field brine. Oil field brine is salt water often found in and around underground oil wells. Although they are a typical byproduct of oil and natural gas, they were mainly thought useless due to impurities containing dissolved
8 November 2023
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CJ Feed & Care to develop AI-based monitoring technology for shrimp farms
SEOUL -- CJ Feed & Care, a livestock feed corporation affiliated with CJ CheilJedang, will develop an artificial intelligence-based monitoring technology that can manage shrimp farms using underwater sound waves. The solution can help shrimp farmers supply an appropriate amount of feed by estimating the number of shrimp underwater and their weight. The company will work with Tidepool, a domestic smart aquaculture solution startup. The smart monitoring technique is more efficient
8 November 2023
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GS Retail's operating profit increases by 44.6 percent on-year in 3Q 2023
SEOUL -- GS Retail, the retail wing of South Korea's GS Group, has seen its operating profit increase by 44.6 percent on-year in the third quarter of 2023 thanks to successful results of aggressive expansion in the number of supermarket stores and thriving hotel businesses. GS Retail operates various businesses including GS25, the country's second-largest convenience store chain with 16,448 stores across South Korea in 2022, GS Fresh, a mid-sized supermarket chain, and Parna
8 November 2023
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SK Telecom demonstrates AI behavior monitoring technology for people with developmental disabilities
SEOUL -- South Korea's major mobile carrier SK Telecom will demonstrate an artificial intelligence solution that can monitor challenging behaviors displayed by people with developmental disabilities at care centers in Seoul. The solution will help human specialists monitor for early symptoms of the disability and provide therapeutic services. Challenging behavior is exhibited by people who have severe learning disabilities when their needs are not met. The common examples of cha
8 November 2023
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Coupang marks highest-ever quarterly sales of some $6.2 bln in 3Q 2023
SEOUL -- Coupang, the South Korean counterpart of American ecommerce giant Amazon, has marked the company's highest-ever quarterly sales of $6,183,550,000 (about 8.2 trillion won) in the third quarter of 2023. The company succeeded in maintaining its sales momentum that had accelerated during the COVID-19 pandemic when consumers used convenient quick online grocery delivery services instead of visiting offline shopping malls. The ecommerce company also known as the South Korean
8 November 2023
