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Reporter : Lee Kyung-min
Tue, May 30, 2023 | 14:07
LG CNS partners with Microsoft to accelerate security solution biz
LG CNS, the IT affiliate of LG Group with specialties in digital transformation (DX), said Wednesday that it will accelerate its security solutions with Microsoft, mostly to prevent data leaks at firms seeking to embrace artificial intelligence (AI). This is the latest in a series of partnerships between the two IT entities.
Local firms accelerate development of autonomous robots
Local robotics firms will accelerate the development of autonomous robots, as cleared by the recent passage of a bill authorizing high-tech robots to use sidewalks for delivery, patrol, information providing and cleaning services, according to market watchers, Tuesday. Further anchoring their business prospects is a robust industrial outlook, as indicated by International Fed...
Korea urged to bolster nuclear energy cooperation with US to counter China, Russia
Korea should fortify cooperation with the U.S. in the nuclear reactors market dominated by Russia and China, a report said Wednesday. Most viable, the Federation of Korean Industries (FKI) ...
Cost of dining out spikes in May ahead of popular holidays
The prices of dining out and popular food items are showing signs of further sharp hikes, burdening many households in the month of May, when families eat out on the occasion of Children's Day and Parents' Day. Data from Korea Consumer Agency showed the price increases of eight popular food items averaged between 7.5 percent and 16.3 percent last month, compared to a year ago...
Korea overtaken by Taiwan in per capita GDP due to export slump
Korea's per capita gross domestic product (GDP) of $32,237 (43.22 million won) in 2022 fell short of Taiwan's $32,811, the first in 18 years since 2004, in what market watchers say was a consequence brought on by a lack of long-term policy assistance to foster semiconductors and broader manufacturing industries. Propelling Taiwan's outperformance was years of its industrial c...
KHNP CEO elected EPRI board member
Korea Hydro & Nuclear Power (KHNP) CEO, Whang Joo-ho, was elected as a member to the board of the Electric Power Research Institute (EPRI), the state-run energy firm said Sunday. He is the only Asian to join the group of 39 EPRI board members.
Trade minister pledges support for AI robotics industry at Boston Dynamics
Minister of Trade, Industry and Energy Lee Chang-yang visited Boston Dynamics, the future robotics technology hub for Hyundai Motor Group in Massachusetts, U.S., the automobile giant said Sunday.
Korea's Sustainability Leaders 2023
A total of 150 companies made the list of Korea's Sustainability Leaders 2023, on the back of their commitment to advancing environmental, social and corporate governance (ESG) practices in line with the global wave of prioritizing long-term sustainability into the future.
Korea, US to nurture young STEM experts
Korea and the U.S. have launched a joint initiative to nurture 2,023 young experts in the fields of science, technology, engineering and mathematics (STEM), the trade ministry said Thursday.
Korea, US sign 23 MOUs to bolster ties in batteries, bio, nuclear power
Korea's leading energy, battery, construction and chemical companies have agreed to fortify cooperation with their U.S. counterparts outlined in 23 memoranda of understanding (MOUs) signed during a meeting between executives and high-ranking officials of the two countries, the trade ministry said Tuesday. The bolstered commitment came on the occasion of President Yoon Suk Yeo...
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