IDIS, the global video surveillance player based in South Korea, has inked a deal with The Japan Victor Company, or JVC, to sell IDIS-branded products through JVC in Japan. JVC chose IDIS for its extensive high-performance and technologically advanced integrated product lineups, both IP and analog-b
Hyundai Motor said on Nov. 15 that it would invest in Top Flight Technologies, an American drone company, to carry out joint research on next-generation transportation systems using high-performance drones.The drone industry expects the global unmanned aerial vehicle (UAV) market to rapidly grow fro
Security controversy over Chinese company Huawei’s 5G equipment is continuing prior to the selection of network equipment makers by KT and LG U+. SK Telecom has already excluded Huawei from the list of its 5G equipment partners.Industry watchers say Korean mobile service users have grave concern ove
A new international airport has opened in Oman to attract investors in the Special Economic Zone for Duqm (SEZAD), one of the largest special economic zones in the Middle East. Duqm Airport, strategically located in the Special Economic Zone for Duqm (SEZAD), officially began its commercial operatio
The security vulnerabilities of Huawei products have been rapidly increasing every year. Huawei recently said that there was no security problem with its products, reassuring Korean mobile operators who have to select equipment suppliers to build their 5G networks. But analysts are saying that Huawe
A public outcry for the abolition of short selling has been rekindled by the failure of the Seoul branch of Goldman Sachs to settle short selling transactions.Financial authorities seem embarrassed as they have been lukewarm about abolishing short selling. Officials have claimed that there has been
KT has launched a project to establish a surveillance system to prevent illegal and unregulated fishing in West Africa.The Korean mobile carrier announced on May 27 that it has started to build the "Unified West African IUU (Illegal, Unreported and Unregulated Fishing) Surveillance System" in Sierra
The South Korean government has revised an external audit law on subsidiaries of foreign companies, such as Google, Apple and Chanel, to force them to disclose their accurate accounting information. However, there are still legal loopholes that allow them to evade regulations.According to financial
In the future, if a person spread false information about stocks on the internet, Artificial Intelligence (AI) will automatically capture the securities trading account related to the person. For orders suspected of rigging the market, AI will be able to detect which region the trade takes place in
The Presidential Committee on the Fourth Industrial Revolution of Korea is accelerating the creation of “smart city,” which is the fruit of information and communication technology (ICT) convergence industry. The committee has decided to establish a special sub-committee for the smart city and mobil
Antibiotic pollution is a significant cause of Anti-microbial Resistance (AMR), according to experts from DSM Sinochem Pharmaceuticals (DSP), the Indian Institute of Technology (IIT), New Delhi, and other organizations that gathered together for a “Sustainability through Excellence in Manufacturing
SK Holdings C&C, an IT services arm of SK Group, will converge physical security technology for houses and buildings with advanced technology, including the Internet of Things (ioT), to increase security and push into the global market through the new convergence security solution.SK Holdings C&C si
SK Holdings C&C announced that it has opened the official website of its convergence physical security solution “Watz Eye” (www.watzeye.co.kr) on May 10. Through Watz Eye, which planted itself as one of the best convergence physical security solutions in Central Asia ad Middle East, the company crea
There is a rumor that Hanwha Group will reorganize its defense businesses when the new government takes office. The group has said that there will be no defense business reshuffle in the near future, but it is expected to accelerate the reorganization of its defense business units under the next adm
Hanwha Techwin will spin off its defense, energy equipment and industrial equipment business units into three subsidiaries.Once the spin-off is completed, Hanwha Techwin will be divided into four companies – its surviving entity and its three subsidiaries tentatively called Hanwha Dynamics, Hanwha P
Hanwha Techwin began to develop an artificial intelligence (AI) CCTV by partnering with AI technology leader NVIDIA.NVIDIA is a global company that develops and manufactures GPUs (computer graphics processing units), and is currently leading the world in AI technology. Hanwha Techwin will expand bus
Korea Expressway Corporation announced on March 7 that it is expanding the traffic capacity at the interchanges to support the Winter Olympic Games in 2018 as the amount of traffic at Daegwallyeong Tollgate, the gateway to freeways to Pyeongchang in where the main stadium and outdoor venues are loca
Samsung Electronics said on March 1 that reports about bloody uprising at a Samsung construction site in Vietnam are totally not true.Some news outlets said at the evening news on Feb. 28, “A massive protest broke out at a Samsung Display plant in Vietnam after Korean guards assaulted local workers.
SK Telecom has successfully tested its fifth-generation (5G) network on a connected car running at 170 kilometers per hour with the world’s fasted speed. Based on this, the company’s 5G-based connected car will be able to send and receive massive traffic-related data with other vehicles, traffic lig
Hyundai Elevator Co. announced that it recently won a US$30 million deal from the Saudi Arabian government to install elevators and escalators in Security Forces Medical City, a large-scale medical complex currently under development in capital city Riyadh.The deal has much meaning since the company