BEIJING (Reuters) -- Tesla released a software upgrade for its in-car navigation system in China on Friday, introducing new features such as displaying lane markings on its maps that correspond to the actual lanes on the road. The company announced the update on its official WeChat account along with a series of new features added in the latest over-the-air upgrade that it claimed would reduce users' reliance on smartphone applications while driving. Tesla did not specify the provider of th

Estimated success rate of 20% is higher than the successful Guyana project's 16%, Vitor Abreu says

Samsung Electronics will introduce its real-time translation feature backed with artificial intelligence to third-party messaging apps like KakaoTalk to support voice calls, as part of its efforts to expand the influence of its on-device Galaxy AI, the company's research and development chief said Friday. In an editorial published via the company newsroom, Choi Won-joon, the executive vice president leading Samsung Electronics’ R&D office for mobile devices, also revealed that the

Daewoong Pharmaceutical’s research that confirmed its diabetes drug Envlo’s safety and efficacy in animals has been published in Veterinary Medicine and Science, a peer-reviewed, open-access journal for research in all areas of veterinary medicine, the company said Friday. Daewoong Pharmaceutical’s Envlo is the 36th new drug developed in South Korea. Launched in May last year, Envlo is an SGLT-2 inhibitor that has efficacy in reducing blood sugar levels in humans. According to

SK Chairman Chey Tae-won and TSMC Chairman C.C. Wei agreed to boost collaboration on the development of advanced artificial intelligence chips, including the High Bandwidth Memory chips high in demand, on Thursday. Chey traveled to Taiwan to meet with Wei and other IT leaders in the country, as part of the effort to strengthen SK's network and gain a competitive edge in the burgeoning global AI market. “Together, let’s open the door to the era of artificial intelligence that ben

Chief of Korea’s top science university underlines importance of global cooperation to solve problems of humanity

DAEJEON -- Oh Jun-ho, founder of Rainbow Robotics and a former mechanical engineering professor at the Korea Advanced Institute of Science and Technology, underscored the future of robots lies in artificial intelligence technology. “Robots are ready to do anything, but on their own, they can’t do anything. Bringing movement to them requires human touch like programming, but in the future, AI will be able to take on that role,” he said in his speech at Innovate Korea 2024, hel

Authorities, celebrities, experts, students envision future shaped by AI

DAEJEON -- Naver CEO Choi Soo-yeon highlighted how sincerely the IT giant is approaching the burgeoning artificial intelligence technologies in her speech at Innovate Korea 2024, held in Daejeon on Wednesday. “AI technology is a game changer which is developing rapidly, although it also stirs up several concerns,” she said. “Naver has been sincere about AI and we’ve been putting much effort into making a perfect Korean-language AI model.” The Naver chief pointed out

SAN DIEGO -- SK Biopharmaceuticals CEO Lee Dong-hoon expressed increased confidence in solidifying the company's reputation as an "anti-epilepsy treatment franchise," following a surplus in the first quarter of this year, driven by the strong performance of Xcopri, launched in the United States in 2020. "Sales of Xcopri are currently driving our revenue, but our long-term goal is to succeed through our own research and development pipeline," Lee said during press confere

Unionized workers of Samsung Electronics Co. were set to launch a one-day walkout over wages on Friday, a union official said, in what would be the first walkout at the technology giant. About 28,000 members of the National Samsung Electronics Union were set to collectively take the day off, but some analysts expected the labor action to have no major impact on production. The NSEU said it will not disclose the number of workers joining the walkout, saying the decision should be made voluntarily

Korea Water Resources Corp. said Thursday that the state-run agency and African leaders held talks to increase their cooperation on water management technology. Several leaders of African countries, who were visiting South Korea for the inaugural Korea-Africa Summit in Seoul, gathered at K-water’s artificial intelligence-powered water treatment facility in Hwaseong, Gyeonggi Province, Wednesday, according to the water agency. Attendees included Central African Republic President Faustin-Ar

Shares of Korean cosmetics firms that produce sunscreen products and materials approved by the United States health regulator soared in May, coupled with returning investor sentiment in the K-beauty industry, according to industry sources, Thursday. "Recently, there were dramatic increases in the stock prices of Korean cosmetic firms that make sun protection products with US Food and Drug Administration approvals, as the US government is expected to soon impose stricter rules on sunscreen p

South Korea’s retail giants Shinsegae Group and CJ Group have agreed to cooperate on logistics and retail businesses to compete with domestic and overseas rivals. The two retail giants signed a memorandum of understanding Wednesday for their partnership centering on the Shinsegae Group e-commerce platform’s utilization of CJ Group’s nationwide logistics network. According to their announcement, CJ Logistics will be in charge of deliveries of goods sold on Shinsegae Group’

Lee Jae-yong embarks on US trip for meetings with tech leaders prior to foldable, wearable device launches