Hanwha Group launched Hanwha Machinery and Service Holdings (M&S) on Aug. 3, placing Kim Dong-seon, president and head of future strategy, in charge of a holding company that includes seven key subsid…
NXP Semiconductors is in talks to acquire Ambarella, a move that could bolster NXP's automotive and edge AI capabilities. Ambarella, which generates only 22% of its revenue from automotive, brings low…
NXP Semiconductors is in talks to acquire Ambarella, a Santa Clara-based designer of AI vision chips for autonomous vehicles, in a deal valued at roughly $3.3 billion, as reported by the Financial Tim…
Hanwha Systems launched a 30-ton-class unmanned surface vessel near Busan for sea trials of AI-based autonomous navigation, testing narrow-waterway navigation, rough-sea operation, and long-range auto…
Major Korean conglomerates including Hanwha, Hyundai, Samsung, SK, LG and Doosan announced a combined 312 trillion won ($204 billion) in investment plans for the Yeongnam region, targeting AI, robotic…