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Industry

Mobilint to join four on-device AI chip projects for robots and home appliances

Mobilint will participate in four projects under the Ministry of Trade, Industry and Energy\'s K-On-Device AI Semiconductor Technology Development Programme, working with LG Electronics, Doosan Robotics and Daedong, it said on Sept. 28. Mobilint will lead detailed AI chip development tasks for LG\'s humanoid, Doosan Robotics\' collaborative robot and Daedong\'s unmanned farming robot, and join LG\'s AI home project as a joint R&D body. It will develop chips to customer requirements and validate them on devices.

Industry

Daedong begins manufacturing AX at Daegu plant to boost tractor capacity

Daedong is stepping up manufacturing automation transformation, integrating AI and robots at its production sites. The company said it signed an agreement with the Daegu metropolitan government for reshoring and factory AX investment. Under a master plan being drawn up for its Daegu plant, it will pursue four strategies through 2029, including restructuring production and logistics, building new AX lines, converting existing lines and establishing data and AI-based operations.

Industry

Daedong Q2 operating profit 41.2 billion won, up 64 percent year on year

Daedong said on Aug. 10 it posted record second-quarter results. Second-quarter revenue rose 12.7 percent from a year earlier to 467.0 billion won, while operating profit climbed 64.3 percent to 41.2 billion won. The operating margin was 8.8 percent. First-half revenue totalled 844.8 billion won and operating profit was 47.2 billion won. The company cited stronger product competitiveness and distribution channels.