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Reporter : Baek Byung-yeul
Fri, September 22, 2023 | 19:53
LG CNS, IGIS Asset Management join hands for data center, logistics
LG CNS forged a partnership with real estate investor IGIS Asset Management to develop new businesses such as cloud data centers and micro fulfillment centers (MFCs), the company said Wednesday.
Merck emphasizes digitalization in semiconductor market
Merck, a German science and technology company, noted that the semiconductor industry should embrace AI and machine learning for digital transformation, according to its Korean unit Wednesday.
Korea Ginseng Corp. opens R&D center for future growth
Korea Ginseng Corp. (KGC) opened an R&D center in Gwacheon, outer Seoul, to enhance its research capabilities and secure competitiveness in the fierce health and functional food market, the company said Wednesday.
IBM seeks to offer enhanced AI service to enterprises with Watsonx
IBM introduced its generative AI platform Watsonx to corporate customers and professionals here, explaining that the platform makes it easier for customers to utilize generative AI, the country general manager of its Korean unit said, Tuesday.
Samsung Biologics inks $242 mil. CMO deal with BMS
Samsung Biologics signed a $242 million contract manufacturing organization (CMO) deal with global pharmaceutical giant Bristol-Myers Squibb for the production of immuno-oncology drugs, the drug manufacturer said Monday. Samsung said the production agreement was made with BMS' subsidiary Swords Laboratories. Under the contract, its Plant 4 will serve as the production base fo...
LG CNS to promote AI robotics biz for logistics
LG CNS is strengthening its robot operation platform business after forging a partnership with AI-based XYZ Robotics, the Korean company said Monday. The LG Group affiliate said it signed a memorandum of understanding (MOU) with XYZ Robotics, Sept. 11, as part of efforts to enhance its competitiveness in the robot-related business.
Upstage's Solar becomes main language model for Quora chatbot
Upstage's large language model (LLM) Solar has become a main language model for U.S. knowledge-sharing platform provider Quora's AI chatbot service, Poe, proving its competitiveness against leading generative AI services such as OpenAI's ChatGPT, the Korean AI startup said Monday. Upstage said Solar stands for Specialized and Optimized LLM and Applications with Reliability.
LG CNS to foster data, AI talent with Korea University
Hyun Shin-gyoon, right, CEO of LG CNS, poses with Korea University President Kim Dong-one, at the latter's office in Seoul, Wednesday, after forging a partnership. LG said Thursday that it agreed with the university to establish a recruitment-linked department to foster data science and AI professionals from next year enabling graduate students to have jobs in the company. Co...
Lotte Healthcare launches digital health care platform CAZZLE
Lotte Healthcare is entering the digital health care market with the launch of CAZZLE, the company said Thursday. CAZZLE is a personalized health care platform that aims to provide easy health management, the health care subsidiary of Lotte Group said.
Costco Korea fined $22,565 for safety violations in connection to worker's death
Costco Whole Sale Korea was fined 30 million won ($22,565) by the Ministry of Employment and Labor for delaying reporting the death of an employee who died while organizing shopping carts during a heat wave in June, according to the ministry, Wednesday. The ministry said it recently fined Costco Wholesale Korea for violating the Occupational Safety and Health Act.
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