LG Innotek, Kakao Mobility Partner on Autonomous Driving

*Editor's Note: 'AI PRISM' (Personalized Report & Insight Summarizing Media) is an "AI-based personalized news recommendation and summary service" developed with support from the Korea Press Foundation. It selects and provides six customized news items by reader type.

1. From AI Transfers to Fraud Detection: Financial Sector's Heated 'AX Boom'

- Key Summary: Woori Bank has selected Samsung SDS as the preferred bidder for its AI agent development project, intensifying AX competition in the financial sector. Woori Bank plans to deploy AI agents across 29 key operations, including customer relationship management (CRM), corporate lending, asset management, and internal controls, to boost employee productivity. Code assistants and fraud detection are emerging as common requirements for financial firms. Due to network separation regulations, SI firms are building AX projects on an on-premises basis, with a roughly 2 trillion won market for next-generation computing network orders expected to open over the next one to two years.

2. "Up to 30% Power Savings at AI Data Centers": Dayton Leaps as AI Energy Company

- Key Summary: Dayton CEO Kim Dong-hyun said at a business vision presentation on the 20th that the company's proprietary AI operations technology can save up to 25% of energy at general facilities and up to 30% at data centers. Dayton operates a next-generation AI data center solution business, an AI energy optimization management system (AI EMS), and a physical AI solution business, leveraging an engine based on its proprietary AI neural network model called the "Restricted Boltzmann Machine (RBM)." Hyundai Steel's Pohang plant achieved a 13% reduction in power usage after adopting the AI EMS solution. Dayton is preparing for an initial public offering (IPO) targeting a 1 trillion won corporate valuation next year and aims to reach 34 billion won in revenue by 2029.

3. "Digital Twins Equipped with AI and Cloud Become the Mainstream"

- Key Summary: Global industrial software company AVEVA announced at the 'AVEVA World 2026' conference held in Milan, Italy on the 19th (local time) that it will strengthen its digital twin business by expanding collaboration with cloud partners. CEO Caspar Herzberg announced strategic partnerships with Amazon Web Services (AWS) and Snowflake, emphasizing plans to deliver digital twin and other solutions via the cloud. AVEVA also unveiled a digital twin architecture targeting AI data centers in partnership with Nvidia in the first quarter of this year. According to Grand View Research, the global digital twin market is projected to grow rapidly from $35.8 billion in 2025 to $328.5 billion by 2033.

4. Top Two Delivery Apps Hold 90% Share: "Uber's Baemin Acquisition Could Lock In Dominance"

- Key Summary: According to WiseApp·Retail, Baedal Minjok recorded 15.24 million weekly active users (WAU) and Coupang Eats 8.45 million as of the second week of May, deepening the duopoly. The combined share of the two platforms also reached an all-time high of 88.3%. Uber and Naver reportedly participated in the preliminary bidding by forming an 8:2 consortium, offering up to 8 trillion won to acquire 100% of Baemin. Meanwhile, public delivery app Ttenggyeoyo saw its WAU fall from 2.14 million in October last year to 1.1 million, while Yogiyo also declined from 2.28 million to 2.03 million.

5. Different Robots Move Without Collisions to Charge: Aiming to Lead International Standards

- Key Summary: The Korea Electronics Technology Institute (KETI) is moving to take the lead in international standards for robot wireless charging technology. Last month, KETI received unanimous approval for three new international standard proposals (NPs) related to autonomous mobile body charging from seven major participating countries, including the United States, China, Japan, the Netherlands, Spain, and Austria. The standardization aims to integrate different communication specifications across robot and charger manufacturers so that robots and chargers from different companies can communicate as if using a common language. "While the U.S. has dominated standards for smartphone and electric vehicle charging technologies, an opportunity has opened for Korea to take the lead in robot wireless charging technology," KETI Principal Researcher Park Yong-ju said, adding that the technology development will be completed by the end of 2028.

6. LG Innotek Allies with Kakao Mobility: "Strengthening Autonomous Driving to Capture Physical AI"

- Key Summary: LG Innotek and Kakao Mobility signed a memorandum of understanding (MOU) for autonomous driving solution development cooperation at LG Innotek headquarters in Gangseo-gu, Seoul. Under the agreement, Kakao Mobility provides real-world driving data, which LG Innotek uses to enhance the performance of sensing modules including cameras, radar, and lidar. LG Innotek has also jointly developed sensing systems for humanoid robots with Boston Dynamics and signed a strategic partnership with Applied Intuition. LG Innotek has set a goal of growing its mobility sensing solutions business, including autonomous driving, to 2 trillion won in revenue by 2030.