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Telecommunications & Media

T Map expands into car life platform, selling tires and insurance

T Map Mobility is expanding beyond navigation into a car life platform that bundles vehicle purchases, insurance and maintenance. It partnered with Hankook Tire\'s T Station to offer discounts via the T Map app and will provide Naver Pay points based on purchase volume during a promotional period. The app also sells car accessories and offers mobile engine-oil replacement services. The company is expanding insurance offerings and enabling car buying, selling and long-term rental services in the app.

AI & Enterprise

NH Nonghyup Bank to work with Seoul credit guarantee foundation on big data support for small merchants

NH Nonghyup Bank will work with the Seoul Credit Guarantee Foundation to expand support for small merchants using AI-based big data. The bank said it signed an agreement at NH Nonghyup Tower in Seoul on June 22. The partnership combines the bank’s card spending, deposit and lending, and retail consumption data with the foundation’s data-based commercial district analysis capabilities. They plan joint research and new management diagnostic models.

AI & Enterprise

Engineering AI applications spread from antenna design to CAE database building

Use cases applying AI to manufacturing engineering, a field seen as hard to benefit from AI, were presented at a conference held by Dassault Systemes Korea on June 11. Samsung Electronics shared an antenna performance prediction case using machine-learning algorithms and said it cut repeated analysis runs and shortened development lead times by dozens of times. LG Electronics presented a method using AI agents to build an SPDM CAE database by extracting numeric data from PowerPoint reports.