LG Electronics said on Tuesday that it plans to develop cross-platform artificial intelligence (AI)-powered services with KT Corp, South Korea s major telecom operator, to expand use of its human-like algorithm. A day after announcing to wind up its mobile business, LG sais it plans to commercialise services that support AI platforms from both companies after developing a joint interface. The two companies recently verified compatibility between LG s ThinQ and KT s GiGA Genie AI platforms. The South Korean tech giant tested its smart mirror to find out whether its smart home solutions can work with KT s AI platform that provides radio, music and other digital services, reports Yonhap news agency.
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Home › Shipping News › Korea Offshore & Shipbuilding Wins Order For 8 Ships Worth KRW 835 Billion
Korea Offshore & Shipbuilding Wins Order For 8 Ships Worth KRW 835 Billion
March 15, 2021
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Korea Shipbuilding & Marine Engineering, an intermediate holding company of Hyundai Heavy Industries Group’s shipbuilding, has won an order for eight ships worth a total of KRW 835 billion.
Korea Offshore & Shipbuilding recently joined shipping companies in Liberia, Oceania, and Europe, along with four 15,900 TEU-class ultra-large container ships, two 91,000 cubic meters (m³) super-large LPG carriers, and 40,000 cubic meters (m³) medium-sized LPG. It was announced on the 9th (Tuesday) that it has signed a contract to build one carrier and one 50,000-ton PC ship.
Korean names win 49% of global orders in container ships, KSOE becomes latest
Korea Shipbuilding & Offshore Engineering Co. (KSOE), the shipbuilding holding company of Hyundai Heavy Industries Group, added 283.2 billion won ($247.7 million) in the order book for container ships where Korean names have snatched up nearly half of global orders in the vessel category so far this year amid rush of orders to meet increased maritime commerce activity.
KSOE, the parent of South Korea’s three shipbuilders including Hyundai Heavy Industries Co. (HHI), announced in a regulatory filing Monday that it bagged an order to build two container carriers worth 283.2 billion won from a shipper in Liberia. Its subsidiary HHI will construct the vessels and deliver them by May 30, 2023, the company said.