S. Korean IT giants declare bold AI, 5G visions as foundation of future growth
  • 4 years ago
Over the past week,... Korea's IT giants have been announcing their visions for the future.
To build a base for future innovation, they're planning to invest hundreds of millions of dollars in Artificial Intelligence and the 5G mobile network.
Oh Soo-young has more.
From self-driving cars that pick you up at the door,... to hologram phone calls and robot baristas,... South Korean tech giants are placing their bets on Artificial Intelligence and 5G.
Samsung Electronics on Tuesday said the 5G mobile network and AI will lead the company into the future,... becoming the backbone of smartphones, wearables, speakers, IoT and other smart technologies.
It pledged to conduct state-of-the-art research in its seven global AI centers across five countries.
Samsung currently holds the third largest number of AI-related patents behind Microsoft and IBM,... according to IPLytics.
Local telecom firms, which launched the first 5G network in the world for mobile users in April,... are also at the heart of developing AI solutions to make life smarter, faster and more convenient.
KT Corporation announced its plans to invest 258 million U.S. dollars over the next four years,... to become an "AI company," and nurture one-thousand professionals in the field.
The telecom firm has been the world's first to launch hotels with AI room service robots,... as well as a 5G-powered robot barista that recognises customers and their favourite beverages.
It is also developing smart factories, driverless technology,... and safety solutions,... such as AI drones in disaster zones that can measure the scale of damage and identify victims.
SK Telecom and platform giant Kakao also made a bold turn towards AI,... striking up a swap share deal worth 257 million dollars to strengthen cooperation in developing related technology and content.
Working with small-and-medium-sized businesses and researchers in the country,... these IT giants are aiming to help turn the country into an AI powerhouse.
The president last week shared this vision,... vowing to ramp up support for related firms and innovators,... as the country is still considered years behind the U.S. and China when it comes to AI-related research and development.
The government has earmarked one-point four billion dollars in next year's budget for data, networks and AI,... an increase of 50 percent from this year.
Oh Soo-young, Arirang News.
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