​S. Korea to deploy more electric double-decker buses to help commuters in Seoul metropolitan area

11 days ago AJU Business Daily

[Courtesy of the Ministry of Land, Infrastructure and Transport]SEOUL -- South Korea will accelerate the adoption of electric intercity double-decker buses to help commuters travel more conveniently from Seoul to surrounding cities, and back. About 25 percent of commuters to Seoul used intercity buses while 11 percent used subway trains. They spent an average of 90 minutes getting to work.Diesel-engine double-decker buses were first adopted in Seoul and its neighboring cities in 2015 and electric double-decker buses were adopted in 2020. The Metropolitan Transport Commission (MTC) operated by the transport ministry aims to improve the inter-city bus service including the additional deployment of electric double-decker buses through a 42.6 billion won ($31.3 million) project. On a route that connects Seoul to the southern city of Yongin, 11 buses will be deployed.
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LG CNS to design smart service concept of Indonesia's new capital city

[Courtesy of LG CNS]SEOUL -- LG CNS, the information technology wing of South Korea's LG Group, will design the smart service concept of Indonesia's new capital city, Nusantara, by incorporating digital transformation technologies such as artificial intelligence, cloud, and big data.Under a memorandum of understanding signed during the B20 summit in Bali on November 14, LG CNS said it would participate in designing a smart service concept. A cabinet-level agency tasked with managing and governing Nusantara is in charge of basic design such as land use planning, traffic signal systems, and housing construction.LG CNS has conducted consulting to introduce Nusantara's intelligent transportation system and electric vehicle-oriented public transportation system. Digital Twin technology enables the creation of virtual clones of real-life objects and environments. The technology is used to test dangerous equipment or simulate disastrous situations without causing catastrophic damage to the real world.LG CNS said its participation in Indonesia would be the first case of participating a super-large smart city. "Based on our digital transformation technology and smart city business capabilities, we will make a case of exporting super-large smart city business models and leap forward as a global smart city leader," LG CNS CEO Kim Young-shub said in a statement on November 15.LG CNS will also work with Indonesian partners to push for a smart city pilot project in the Sanur area in Bali.

18 days ago AJU Business Daily
Hanwha Systems secures deal to deliver prototype of radar for dome-shaped air defense system

[Courtesy of Hanwha Systems]SEOUL -- Hanwha Systems, a key defense contractor affiliated with South Korea's Hanwha Group, has secured a deal from a state defense technology development agency to deliver the prototype of a radar for a dome-shaped air defense system that intercepts North Korea's long-range artillery shells and cruise missiles sneaking across the tightly guarded inter-Korean border.In a regulatory filing on November 15, Hanwha Systems said it has signed a contract worth 51.2 billion won ($38.8 million) with the Agency for Defense Development (ADD) to deliver a radar prototype by the end of July in 2024. Each launcher, containing 20 interceptors, is independently deployed and operated remotely via a secure wireless connection.An initial military roadmap presented by the Defense Acquisition Program Administration (DAPA), an arms procurement agency, called for the development of a LAMD system by 2029. In a report to President Yoon Suk-yeol in July, Defense Minister Lee Jong-sup came up with a renewed timetable to complete the operational deployment of a LAMD system earlier than scheduled. Most of the North's artillery equipment is positioned in concrete bunkers and tunnels.Hanwha Systems manufactures tactical communication systems, radar systems, naval combat systems, electro-optics, and fire control systems. The company has polished its skill and know-how through the localization of an advanced and sophisticated radar system for South Korea's homemade KF-21 fighter jet that made its maiden flight in July 2022.

18 days ago AJU Business Daily
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