SEOUL, May 5 (Korea Bizwire) — The Supreme Court has ruled that a construction company is liable for damages after hundreds of parrots died due to the repeated effects of construction-induced noise and vibration. The court overturned the trial court’s ruling that Mr. A, a parrot breeder, was not entitled to a lawsuit for damages [...]
SEOUL, May 5 (Korea Bizwire) — Hyundai Motor Group on Thursday unveiled the software-defined vehicle (SDV) technology featured in Kia Corp.’s all-electric EV9 flagship SUV. The automotive group posted a new YouTube video which showed that the EV9′s over-the-air (OTA) software update system will now cover not only core parts of the vehicle but also [...]
SEOUL, May 5 (Korea Bizwire) — South Korean cosmetics manufacturers are bolstering their offensive in the North American market as sales in China and Japan have fallen sharply. LG Household & Health Care Ltd.’s North American sales for the first quarter of this year amounted to 136.1 billion won (US$102 million), an increase of 21.1 [...]
SEOUL, May 4 (Korea Bizwire) — A month after its launch in South Korea, Apple Pay has received a positive response from the market, especially among the tech-savvy Generation MZ who value convenience. As per Hyundai Card Co.’s announcement today, approximately 355,000 new cards were issued, marking a significant increase from the same period last [...]
SEOUL, May 3 (Korea Bizwire) — The Seoul Digital Foundation, a digital arm of the Seoul city government, on Tuesday launched a new service that allows users to raise pets in Metaverse Seoul, a metaverse ecosystem for administrative services. Users can adopt 10 kinds of virtual pets, such as dogs, cats, and rabbits, in the [...]
SEOUL, May 3 (Korea Bizwire) — South Korean shipyard Samsung Heavy Industries Co. has successfully developed a new floating liquefied natural gas (FLNG) facility model with shorter delivery times. The company announced on Tuesday it obtained a certification for its FLNG facility model from DNV, a Norwegian ship quality assurance and risk management company, at [...]
SEOUL, May 2 (Korea Bizwire) —Samsung Electronics is reportedly developing its own generative AI solution optimized for translation and document summarization while temporarily restricting the use of ChatGPT and other third-party generative AI tools within its in-house operations. On April 28, Samsung announced its decision to limit the use of generative AI through in-house PCs, [...]
SEOUL, May 2 (Korea Bizwire) — Renault Korea Motors is running a ‘Create Your SM6′ campaign until May 26, using AI technology to create personalized SM6 images and turning them into NFTs. The campaign is centered on the INSPIRE trim of the all-new SM6 TCe 300, which elevates the design and performance of the SM6 [...]
SEOUL, May 2 (Korea Bizwire) — Instead of sluggish demand for products like TVs and semiconductors, South Korea’s major tech companies are finding a new cash cow in the automotive business. Harman International, an automotive electronics subsidiary of Samsung Electronics Co., recorded sales of 3.17 trillion won ($2.36 billion) and an operating profit of 130 [...]
SEOUL, May 2 (Korea Bizwire) — South Korean artificial intelligence (AI) startup Upstage said Monday it has added a new function to its chatbot AskUp, which analyzes and records nutritional information when users upload food photos. This was made possible through a contract signed between Upstage and the local healthcare startup Doing Lab to implement [...]