LG Group has started to invest in the metaverse, a word made up of the prefix "meta" (meaning beyond) and the stem "verse" from universe. It means the sum of all virtual worlds, augmented reality, and the Internet.LG Technology Ventures recently invested in U.S. startup Wave, a company specializing
Avikus, Hyundai Heavy Industries (HHI) Group's newly established subsidiary specializing in autonomous navigation technology, has become Korea's first company to succeed in fully autonomous navigation of a ship.Avikus announced that it successfully completed fully autonomous, unmanned operat
Samsung Electronics announced on June 15 that it has begun mass-producing its latest smartphone memory solution, the LPDDR5 UFS-based multichip package (uMCP). Samsung’s uMCP integrates the fastest LPDDR5 DRAM with the latest UFS 3.1 NAND flash, delivering flagship-level performance to a much broade
The Electronics and Telecommunications Research Institute announced on June 9 that it has developed a Level 4 self-driving car without a steering wheel and initiated shuttle bus operation based on the technology.The high-performance AI algorithm used in the bus processes information from cameras and
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. In 2021, global smartphone shipments will likely fall short of expectations, coming in at around 1.42bn units (+6.6% y-y), owing to semicon supply shortages and the resurgence of Covid-19. But, af
Biometric technology is drawing attention from automobile producers amid a rapid penetration of electric vehicles (EVs).Tesla is currently developing a technology to apply facial recognition to the advanced driver assistance system (ADAS) of the Model 3 and the Model Y. This technology is an improve
SK Telecom announced on April 29 that it has launched the K-pop Metaverse Project that utilizes mixed reality technology with next-generation K-pop stars.The company plans to expand K-pop culture to the mixed virtual reality world through various attempts, ranging from AR digital human content of va
Hyundai Mobis is seeking to transform itself from a traditional auto parts maker into a platform and software company.The company announced on April 27 that it is preparing to leap into a new future through three innovation strategies based on customer diversification, business model innovation and
China's BOE is busy expanding its business areas after entering Apple's supply chain. BOE’s move will inevitably affect Samsung Display and LG Display.BOE is preparing to supply OLED panels for the iPhone 13. In the fourth quarter of 2020, BOE started supplying OLED panels to Apple. It was a
In the era of COVID-19, online communication is fast becoming more than just a social distancing workaround. Video conferencing platforms and social networks are increasingly focused on creating deeper and more engaging experiences — beyond the usual content sharing or messaging. Particularly with G
NCSoft will launch K-pop entertainment platform "Universe" simultaneously at home and abroad on Jan. 28.Universe is an all-in-one platform that allows users to enjoy a variety of online and offline fandom activities on their mobile devices.Pre-orders exceeded 4 million as of Jan. 21. K-pop fans from
Hyperconnect, a Korean IT company that develops software and mobile applications, has officially launched ‘SLIDE,’ a video-first dating and social discovery app. The company plans to roll out the new app in select markets.After a year of development, SLIDE is now available in North America, enabling
Hyperconnect, a Korean company specializing in video technology and artificial intelligence (AI), announced on Jan. 13 its plans to enter the enterprise business, offering its own tried and tested B2C technologies to corporate clients globally.As COVID-19 accelerates rapid adoption of services that
The Seoul Housing and Communities Corp. announced on Jan. 4 that it developed a smart moss wall that is capable of substantially reducing carbon dioxide as well as particulate matter.The wall, four meters in height and three meters in width, has moss on its surfaces. The moss decomposes airborne pol
SK Telecom (SKT) has launched the first 5G edge cloud service in Korea, in collaboration with Amazon Web Services (AWS).Using AWS Wavelength at the edge of the 5G multi-access edge computing (MEC) networks, the new service, dubbed SKT 5GX Edge, enables customers to build mobile applications that req
AIRS Medical, a Korean startup specializing in medical artificial intelligence (AI) software, has won “fastMRI Challenge 2020,” a global competition jointly organized by Facebook AI Research and NYU Langone Health. The challenge was designed to accelerate Magnetic Resonance Imaging (MRI) scans of th
The author is an analyst of NH Investment & Securities. He can be reached at midas.sohn@nhqv.com. -- Ed. In the machine vision arena, the trend towards AI adoption is accelerating. Until now, Laon People’s AI machine vision solutions have mainly been applied in the PCB industry. From 2021, however,
SK Telecom will establish a 5G technology joint venture in Germany in partnership with Deutsche Telekom, a German mobile carrier. It plans to jointly develop 5G technologies such as indoor repeaters to target the global market.The joint venture (JV) will be held fifty-fifty by the two companies, and
Hyundai Mobis is stepping up its efforts to develop components for self-driving cars and electric vehicles as the world of future mobility is changing fast.In 2018, Hyundai Mobis selected self-driving, electrification, and infotainment as the three key areas that will drive its future growth. The co
SK Telecom (SKT) announced on Oct. 27 that it will open ‘T Factory,’ a facility that shows all about the company, in Seoul, on Oct. 31, 2020. T Factory is designed to share SKT’s future ICT vision and introduce the company’s latest achievements in technologies and services, as well as its partnershi