Rendered image of Doosan Robotics’ new P-Series collaborative robot gripping a cardboard box for palletizing tasks (Doosan Robotics) Doosan Robotics announced Monday the establishment of its European branch, Doosan Robotics Europe, in Dusseldorf, Germany, aiming to expand its sales channels and respond more effectively to local demand. Doosan Robotics Europe will collaborate with system integrators

SEOUL, May 17 (Yonhap) -- South Korea and Britain will jointly host an artificial intelligence (AI) summit in Seoul next week, the science ministry here said Friday. As a follow-up to the AI Safety Summit held in England last November, the AI Seoul Summit will kick off Tuesday with leaders of major countries and global

By Oh Seok-min SEOUL, May 13 (Yonhap) -- South Korea will push to set up a package worth over 10 trillion won (US$7.28 billion) to support the chip industry as part of efforts to boost the competitiveness of the critical industry and to prop up economic growth, the finance ministry has said. The planned assistance

By Oh Seok-min SEOUL, May 13 (Yonhap) -- South Korea and Malaysia extended their currency swap agreement for a period of three years Monday, Seoul's finance ministry said. Under the renewed deal, the central banks of the two nations were allowed to exchange up to 5 trillion won (US$3.65 billion), or 15 billion Malaysian ringgits,

SEOUL, May 12 (Yonhap) -- GS Inima Environment, a unit of South Korean builder GS Engineering & Construction Co., will sign a 2.4 trillion-won (US$1.7 billion) deal with the Oman government to build a desalination facility by 2027, the environment ministry said Sunday. GS Inima will sign the contract with Oman Power & Water Procurement

  SEOUL, May 13 (Yonhap) -- Business leaders of South Korea, Japan and China plan to convene in Seoul this month to discuss regional economic cooperation and strengthen exchanges, according to industry sources Monday. According to the sources, the Korea Chamber of Commerce and Industries, the Japan Business Federation and the China Council for the

  SEOUL, Nov. 3 (Yonhap) -- Hyundai Motor Group said Friday it hosted an annual mobility forum in Silicon Valley, bringing together key figures from cutting-edge mobility companies and government officials to share ideas of the future of the industry. Under the theme titled "Re-Vision & Re-Value," the group's Mobility Innovators Forum 2023 was held

SEOUL, Nov. 5 (Yonhap) -- South Korea is set to take part in a new round of negotiations on the United States-led Indo-Pacific Economic Framework (IPEF) to be held in San Francisco this week, according to Seoul officials Sunday. The seventh round of IPEF talks, which will take place less than two weeks after the

SEOUL, Oct. 29 (Yonhap) -- South Korean Industry Minister Bang Moon-kyu will make a trip to Chile and Trinidad and Tobago to expand economic cooperation in the fields of battery materials and renewable energy, the ministry said Sunday. The minister left the country Saturday to visit the two countries as a special president envoy. In

SEOUL, Oct. 30 (Yonhap) -- The board of Asiana Airlines Inc., South Korea's second-largest air carrier, plans to decide Monday on whether to sell its cargo business, as Korean Air Co. seeks to win antitrust approval from European Union regulators for its takeover of the rival. The EU antitrust regulators have raised concerns that Korean