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Mobile Carriers Step Up Partnerships for Future Mobility Services

Mobile Carriers Step Up Partnerships for Future Mobility Services

SEOUL, Sept. 22 (Korea Bizwire) — As the global transport sector braces for future mobility services like flying taxis, South Korean telecom operators are strengthening partnerships with both auto giants and startups alike to join the industry shift. Major local carriers have emerged as key players in the transport shake-up as network infrastructure and technology [...]

Taiwanese Tourists Enjoy Jeju Island from Sky Above

Taiwanese Tourists Enjoy Jeju Island from Sky Above

SEOUL, Sept. 22 (Korea Bizwire) — Under circumstances in which international trips remain halted due to the spread of the COVID-19 pandemic, an extraordinary flight event was held for a group of Taiwanese tourists. The Taipei Office of the Korea Tourism Organization (KTO), together with Taiwanese travel agency Ezfly International Travel Agent Co. and low-cost [...]

Catching Fire: How BTS Finally Vaulted into U.S. Radio Airwaves with ‘Dynamite’

Catching Fire: How BTS Finally Vaulted into U.S. Radio Airwaves with ‘Dynamite’

SEOUL, Sept. 21 (Korea Bizwire) — K-pop super group BTS is no stranger when it comes to smashing album sales and breaking music streaming records. But against its colossal brand recognition, the one nagging caveat for BTS especially in the West had been its lack of ample presence on radio airwaves — a key index [...]

S. Korea Unveils Investment Plan for Dementia Diagnosis, Treatment

S. Korea Unveils Investment Plan for Dementia Diagnosis, Treatment

SEOUL, Sept. 21 (Korea Bizwire) — South Korea will invest 200 billion won (US$172 million) over the next nine years to conduct research on technologies for the diagnosis and treatment of dementia, the health ministry said Monday. The investment plan was unveiled to mark World Alzheimer’s Day, designated by the World Health Organization to boost [...]

S. Korean Investors Pinning Hopes on Tesla’s New Battery Technology

S. Korean Investors Pinning Hopes on Tesla’s New Battery Technology

SEOUL, Sept. 21 (Korea Bizwire) — South Korean retail investors’ expectations for Tesla Motors Inc.’s new battery technology are growing as they have snapped up shares in the world’s top electric vehicle this year, industry sources said Monday. Tesla is slated to hold an annual meeting of stockholders on “battery day” Tuesday afternoon (Pacific time), [...]

S. Korean Firms Turn to Offshore Wind Power to Boost Earnings

S. Korean Firms Turn to Offshore Wind Power to Boost Earnings

SEOUL, Sept. 21 (Korea Bizwire) — An increasing number of South Korean companies are looking into the feasibility of generating offshore wind power as a new source of income. SK E&S Co., a leading South Korean gas provider which recently contracted a 200 megawatts (MW) offshore solar power generation project in the waters near the [...]

Forecasting System to Reduce Volatility of Solar and Wind Power Generation

Forecasting System to Reduce Volatility of Solar and Wind Power Generation

SEOUL, Sept. 21 (Korea Bizwire) — The South Korean government plans to introduce a forecasting system for renewable energy power generation as a way to better cope with the volatility in solar and wind power generation. Under the forecasting system, 20 megawatt-plus solar and wind power generators should report the predicted amount of renewable energy [...]

LG Uplus Partners with Google Cloud for 5G Mobile Edge Computing Tech

LG Uplus Partners with Google Cloud for 5G Mobile Edge Computing Tech

SEOUL, Sept. 20 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Sunday it is joining forces with Google to jointly develop 5G mobile edge computing (MEC) technology. Under the partnership, LG Uplus will work with Google Cloud, which will provide its artificial intelligence and machine learning technologies, to develop new [...]