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ChatGPT Sparks Shift in Online Information Seeking, But Trust Issues Remain Among Users in South Korea

ChatGPT Sparks Shift in Online Information Seeking, But Trust Issues Remain Among Users in South Korea

SEOUL, Feb. 28 (Korea Bizwire) – The advent of ChatGPT is anticipated to transform how we search for information online, yet a recent survey reveals that South Korean users still harbor doubts about the platform’s reliability. Specifically, only 40% of respondents believe the search results provided by ChatGPT are reliable. According to the ’2024 Search Trends [...]

Samsung Electronics to Join Alliance to Lead AI-powered 6G Network Tech

Samsung Electronics to Join Alliance to Lead AI-powered 6G Network Tech

SEOUL, Feb. 26 (Korea Bizwire) – Samsung Electronics Co. said Monday it participated in the U.S. chip giant Nvidia-led alliance in a bid to lead the next-generation 6G network technologies powered by artificial intelligence (AI). The South Korean tech giant said it is a founding member of the AI-RAN Alliance, launched during this year’s Mobile World Congress, along with semiconductor, telecommunications and software big names including Nvidia, Arm, [...]

SK Telecom Joins Forces with Global Telcos to Establish Language-model Joint Venture

SK Telecom Joins Forces with Global Telcos to Establish Language-model Joint Venture

SEOUL, Feb. 26 (Korea Bizwire) – SK Telecom Co., South Korea’s top mobile carrier, said Monday it will create a joint venture with four global mobile carriers aimed at developing large language models (LLMs) tailored to the needs of telecommunications companies. The joint venture will be established by SK Telecom, Germany’s Deutsche Telekom, the United Arab Emirates’ e& Group, Singapore’s Singtel and Japan’s Softbank later [...]

Samsung Set to Unveil ‘Galaxy Ring’ at MWC, Sparking New Trend in Wearable Tech

Samsung Set to Unveil ‘Galaxy Ring’ at MWC, Sparking New Trend in Wearable Tech

SEOUL, Feb. 27 (Korea Bizwire) – Samsung Electronics is set to make waves at the Mobile World Congress (MWC) in Barcelona, Spain, with the unveiling of its latest wearable device, the “Galaxy Ring.” This innovative piece of technology marks a significant shift from traditional wrist-worn wearables to the emerging domain of smart rings, positioning Samsung at [...]

KAIST Researchers Develop Eco-Friendly Method to Produce Key Aromatic Compound

KAIST Researchers Develop Eco-Friendly Method to Produce Key Aromatic Compound

DAEJEON, Feb. 27 (Korea Bizwire) – A team of researchers from KAIST’s Department of Chemical and Biomolecular Engineering and the BioProcess Engineering Research Center has made a groundbreaking achievement by developing a process to produce benzyl acetate, a key aromatic compound, using renewable carbon sources like glucose and microbes. This significant advancement was detailed in an [...]

IT Industry Giants Launch Major Hiring Drives for AI and Tech Experts

IT Industry Giants Launch Major Hiring Drives for AI and Tech Experts

SEOUL, Feb. 26 (Korea Bizwire) – In an era where technological advancements are rapidly reshaping industries, companies are intensifying their efforts to secure top talent, particularly in artificial intelligence and other cutting-edge fields. The recruitment of experienced professionals has become more dynamic, with firms expanding their hiring scope and, in some cases, forgoing traditional recruitment cycles [...]

K-Pop Power: How Global Brands are Tapping into the Korean Wave

K-Pop Power: How Global Brands are Tapping into the Korean Wave

  SEOUL, Feb. 26 (Korea Bizwire) – As K-pop continues to capture hearts worldwide, the food and beverage industry is keenly leveraging this global phenomenon by collaborating with K-pop artists to target international markets. Coca-Cola is setting a prime example by launching a special edition product named ‘Coca-Cola Zero K-Wave’ in 36 countries, drawing inspiration from [...]

S. Korea to Offer Tax Incentives to Boost Value of Listed Firms

S. Korea to Offer Tax Incentives to Boost Value of Listed Firms

SEOUL, Feb. 26 (Korea Bizwire) — The financial regulator said Monday that it will work to incentivize efforts by local businesses to enhance their own value that will in turn lead to increased returns to investors. The move comes as part of efforts to end the “Korea Discount,” where local shares are traded at prices [...]

Seoul Launches Initiative to Transform Unused Spaces into Parking Lots

Seoul Launches Initiative to Transform Unused Spaces into Parking Lots

SEOUL, Feb. 26 (Korea Bizwire) – The Seoul Metropolitan Government announced on February 25 that it is seeking participants for its “Home Parking Lot” project, an initiative aimed at addressing the parking shortage in residential areas by converting unused spaces, such as vacant lots, into parking lots.  This project, initially introduced in 2004 under the name [...]

Panda Craze Sweeps Nation as Fubao Bids Farewell to South Korea

Panda Craze Sweeps Nation as Fubao Bids Farewell to South Korea

SEOUL/YONGIN, Feb. 24 (Korea Bizwire) –As South Korea prepares to bid farewell to Fu Bao, the beloved giant panda mascot of Everland, a surprising trend has emerged among the country’s young adults. Convenience store owners find themselves overwhelmed by the demand for “FuTong cards,” a playful abbreviation for the “Fu Bao Transportation Card.” Despite continuous [...]