SEOUL, Dec. 3 (Korea Bizwire) — Artificial intelligence–powered home appliances have rapidly moved from novelty to necessity in South Korea, with online reviews of such products increasing more than 250-fold over the past five years, according to new industry data. A study released Wednesday by CEO Score, a corporate data research firm, found that reviews of [...]
SEOUL, Dec. 3 (Korea Bizwire) — The romantic comedy series “Dynamite Kiss’ has risen to the top of Netflix’s weekly non-English series chart, the streaming giant said Wednesday. The ongoing series, which premiered on SBS on Nov. 12, revolves around Da-rim (Ahn Eun-jin), who poses as a single mother to land a job, and Ji-hyuk [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea on Wednesday unveiled its largest virtual production studio, a high-tech filming space that allows special effects to be created instantly on set, marking a new step in the country’s bid to strengthen its digital content industry. The Ministry of Culture, Sports and Tourism said the new Virtual [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea aims to triple its onshore wind power capacity to 6 gigawatts (GW) by 2030 while lowering generation costs as part of efforts to expand the use of eco-friendly energy and achieve carbon neutrality, the climate ministry said Wednesday. The goal was announced at the inaugural meeting of [...]
SEOUL, Dec. 3 (Korea Bizwire) — Samsung Electronics Co.’ next-generation dynamic random-access memory (DRAM) GDDR7 has won a presidential award during a major tech exhibition for its cutting-edge technology optimized for the artificial intelligence (AI) industry, the company said Wednesday. The South Korean tech giant said its 24-gigabit GDDR7 DRAM was given the prize during [...]
SEOUL, Dec. 3 (Korea Bizwire) — The government will provide 100 billion won (US$68.1 million) in support by 2030 for research and development (R&D) projects aimed at advancing core ceramic technologies, a key material for semiconductors, the industry ministry said Wednesday. The funding plan comes as part of a comprehensive road map on fostering the [...]
SEJONG, Dec. 3 (Korea Bizwire) — A majority of South Koreans say they feel unsafe about the risk of personal data breaches, reflecting rising anxiety amid a surge in hacking incidents and expanding digital services, according to new government data. The latest Social Survey from the National Data Office shows that 57.6 percent of respondents last [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s construction downturn is continuing to weigh heavily on the nation’s banks, with major lenders reporting persistently high levels of bad loans tied to the troubled sector. According to third-quarter disclosures released on Wednesday, the country’s five major banks — KB Kookmin, Shinhan, Hana, Woori and NH NongHyup — [...]
SEOUL, Dec. 3 (Korea Bizwire) — Apple held its first “Apple Game Showcase” in South Korea on Tuesday, signaling a stronger bid to position the iPhone, iPad and Mac as serious gaming devices in a market long dominated by Android phones. The event, staged at Stage X Seongsu in eastern Seoul, featured five major Korean developers [...]
SEOUL, Dec. 3 (Korea Bizwire) — LG Electronics said Tuesday it is expanding its global free ad-supported streaming television (FAST) service, LG Channel, into the Middle East for the first time, launching in the United Arab Emirates this month. The rollout extends LG’s FAST footprint—which already spans Asia, North America, Europe and Latin America—into another major [...]