Off-road environment recognition technologies for detecting extraneous substances such as dust, mud, snow, or rain during off-road autonomous driving of construction machinery, agricultural machines, and unmanned ground vehicles (UGVs), and removing the sensor signals of these substances on a real-t
SK on, the battery business subsidiary of SK Innovation, is partnering with Siemens Digital Industries Software (DISW) to embark on the establishment of smart factory systems.SK on announced on April 14 that it had signed a memorandum of understanding (MOU) with Siemens DISW at the SK Seorin Buildin
Minister Ahn Deok-geun of the Ministry of Trade, Industry and Energy is embarking on a trip to the United States ahead of the announcement of the nuclear power plant operator selection in the Czech Republic.The U.S. court has dismissed the lawsuit filed by Westinghouse against Korea Hydro & Nuclear
The global automotive industry is at a crossroads with respect to supplying advanced semiconductors for autonomous driving. There are two options. One is to purchase and equip high-performance system-on-chip (SoC) semiconductors from Nvidia, which has a virtual monopoly on Level 3 and higher autonom
OCI Holdings has begun reconsidering the expansion of its North American solar power module production line, which it has promoted as one of its core businesses for the future.According to industry sources, OCI Holdings’ Texas subsidiary Mission Solar Energy has begun to reconsider the expansion of
Samsung Electronics and LG Electronics are both making strides in the smart factory sector.According to market research firm MarketsandMarkets on March 31, the global smart factory and automation industry market size is expected to grow from US$86 billion in 2022 to US$140.9 billion by 2027. Markets
According to market research firm Omdia on March 28, Samsung Electronics fell to third place in the global semiconductor company revenue rankings last year. The annual sales of Samsung Electronics’ semiconductor (DS) division were reported to be US$44.374 billion, marking a 33.8% decrease from the U
Jo Seong-jin, CEO of LG Electronics, announced on March 26 that the company is seeking investment opportunities in adjacent industries, revealing plans for mergers and acquisitions.During the regular general shareholders’ meeting held at the LG Twin Towers in Yeouido, Seoul, CEO Jo stated, “After an
Align Partners Capital Management has raised the issue of overseas shareholders not being able to properly use a cumulative voting system ahead of JB Financial Group’s general shareholders meeting scheduled for March 28.“We have confirmed a number of cases where overseas shareholders have been unabl
The Korean Ministry of Trade, Industry and Energy (MOTIE) and the Korea Trade-Investment Promotion Agency (KOTRA) announced on March 10 that they held the Korea-UAE Future Technology Partnership Plaza in Dubai of the United Arab Emirates (UAE) for two days from March 6 to 8.The event was held to sho
The author is an analyst for NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com -- Ed.At AGMs this year, the spread of shareholder proposals, which has been a global trend since 2023, is to continue. As Korea’s dividend system improvements roll out in earnest, more companies are
Crypto.com, trusted by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, has signed a memorandum of understanding (MoU) with Altava Group, a vertical AI fashion tech company delivering innovative virtual experiences and products for majo
LG Electronics and global big tech company Meta are joining forces to develop next-generation extended reality (XR) devices. LG Electronics announced on Feb. 28 that it is officially starting strategic cooperation with Meta to accelerate its XR business.Meta’s CEO, Mark Zuckerberg, visited LG Twin T
Hyundai Heavy Industries Power Systems (HPS), together with HD Korea Shipbuilding & Offshore Engineering (KSOE) and CE-TEK has signed a joint development program agreement for the research and development of Onboard CCS demonstration units.The Onboard CCS demonstration unit is scheduled to undergo c
HD Hyundai Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries (HHI), Hyundai Mipo Shipbuilding, and Hyundai Samho Heavy Industries announced on Feb. 28 that they recently held a Marine Platform Technology Council meeting with Siemens Digital Industries Software at Hyundai Mipo Shipyard
Domestic game companies are putting significant effort into capturing the Middle East market. Based on “oil money,” this region possesses high financial power and purchasing capability but is still an untapped market due to inadequate communication infrastructure and other issues. Although the uncer
Huawei hosted the 5G Beyond Growth Summit at MWC Barcelona 2024 today. At the summit, Li Peng, Huawei's Corporate Senior Vice President and President of ICT Sales & Service discussed how carriers can achieve business success in 5G and how 5.5G will further unlock the potential of networks and create
Samsung Electronics is expanding its influence in the North American region, including Canada and the United States, by leading with its Open RAN solution. The company plans to strengthen its position in the global telecommunications equipment market, which is currently dominated by Huawei, Ericsson
Samsung Electronics’ 5G communication equipment is being supplied to the telecommunications operator TELUS, which has embarked on strengthening its 5G network by establishing Canada’s first Open Radio Access Network (OpenRAN).TELUS announced on Feb. 17 through its newsroom that it is expanding its c
SK telecom and KT have announced their plans to showcase advanced technologies based on artificial intelligence (AI) at the Mobile World Congress (MWC) 2024, which opens on Feb. 26 in Barcelona, Spain. SKT is set to occupy a large exhibition space of 992 square meters in the Fira Gran Via Hall 3, un