SEOUL, Nov. 22 (Korea Bizwire) — South Korean company AIBrain has released Tyche 1.0, an AI robot suited for children. According to the Korea Electronic Certification Authority, which invested in the company dedicated to artificial intelligence technology, Tyche was released on Tuesday in the South Korean market. The AI robot comes in the shape of a [...]
SEOUL, Nov. 22 (Korea Bizwire) – The Seoul Metropolitan Government has planted 90,000 trees to create an urban forest at Nanji Hangang Park. Around 40 types of trees were planted, including willow trees, elm trees, and Chamaecyparis pisifera to make up four separate small forests covering some 60,000 square meters of land, the Hangang Project Headquarters [...]
YEOJU, Nov. 22 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport has announced that it held an international event showcasing smart road technology suited for autonomous vehicles in the presence of a number of international observers. The event took place at a test site in Yeoju on November 20, with journalists and officials from [...]
SEOUL, Nov. 22 (Korea Bizwire) — The first Apple Store in South Korea is expected to open in Gangnam sometime in December, according to industry insiders. According to sources close to the mobile industry, the U.S. smartphone giant is expected to open its very first South Korean store in Sinsadong on Garosu-gil . South Korea’s first [...]
SEOUL, Nov. 21 (Korea Bizwire) – Lotte Shopping Co., the retail affiliate of South Korea’s fifth-largest conglomerate Lotte, said Tuesday that the group chairman sold part of his holdings in the company for 214.6 billion won (US$196 million). Chairman Shin Dong-bin unloaded over 1 million shares of Lotte Shopping after the local stock market closed, [...]
SEOUL, Nov. 21 (Korea Bizwire) – KB Kookmin Bank, South Korea’s largest retail lender, will focus on providing customized services to the public without drastic job cuts or sharply reducing the number of outlets, the lender’s new president said Tuesday. After integrating some redundant branches, KB Kookmin Bank currently operates 1,061 outlets in South Korea, [...]
SEOUL, Nov. 21 (Korea Bizwire) – The government is set to adopt international standards for its vehicle indoor air pollution tests, which are stricter that the current limits. According to the Ministry of Land, Infrastructure and Transport (MOLIT) on Monday, new international standards for in-car air pollution were established at the 173th UNECE World Forum [...]
SEOUL, Nov. 21 (Korea Bizwire) – South Korea’s foreign minister asked the U.N. refugee agency on Tuesday to make efforts to protect and support North Korean defectors living overseas, her office in Seoul has said. Kang Kyung-wha earlier held a luncheon meeting in Seoul with Filippo Grandi, the U.N. High Commissioner for Refugees, according to [...]
SEOUL, Nov. 21 (Korea Bizwire) – Samsung Electronics Co. said Tuesday it will release a Chinese version of its voice recognition program Bixby later this month, setting eyes on Asia’s largest market. It marks the third language to be supported by the artificial intelligence (AI) program along with Korean and English. The official launch is [...]
SEOUL, Nov. 21 (Korea Bizwire) – Those in their 20s drink more than any other age group in South Korea, a new report has revealed. The report by professor of health management Son Ae-ri at Sahmyook University discovered that among all age groups except those over 50, South Koreans in their 20s consumed the most [...]