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Industry

LG Electronics to apply smart factory to world\'s largest tidal power plant

LG Electronics will work with Korea Water Resources Corp to advance AI-based operations and digital transformation at the Sihwa tidal power plant. The partners signed a technical cooperation agreement on Oct. 22 in Ansan, Gyeonggi Province. The work includes building an AI tidal power plant, lighthouse factory implementation, and demonstrations of AI, digital twin and robots. LG Electronics will test a digital twin-based integrated operating system and consider AI tools for predictive maintenance, risk assessment and analysis of output losses.

Industry

Koh Young targets China\'s AI server market at NEPCON ASIA

Koh Young Technology said on Tuesday it will take part in NEPCON ASIA 2026, an electronics manufacturing industry exhibition to be held in Shenzhen, China, from Oct. 27. The company plans to showcase semiconductor inspection equipment as well as 3D inspection systems and an AI smart factory solution. It said its customer base for AI servers is expanding in China and it aims to find potential customers and new business opportunities at the show.

AI & Enterprise

South Korea to back physical AI commercialisation via National Growth Fund, expand long-term investment

South Korea plans a support system linking physical AI technology development, on-site demonstrations and private investment, using fiscal spending and the National Growth Fund. The government set next year’s physical AI budget at 3.1 trillion won, more than triple this year’s 900 billion won. The Financial Services Commission will expand long-term investment and offer funding via direct and indirect investment, infrastructure finance and ultra-low-interest loans. Ministries also outlined new projects for core technology, logistics trials, training infrastructure, manufacturing adoption and sector-specific pilots.