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Seoul City to Introduce Intelligent ‘Smart Pole’ Lighting System

Seoul City to Introduce Intelligent ‘Smart Pole’ Lighting System

SEOUL, Sept. 14 (Korea Bizwire) – The Seoul Metropolitan Government plans to introduce so-called ‘smart pole’ street lighting, which refers to an intelligent lighting system combining the functions of traffic lights, street lamps, CCTV and security lights. The smart poles can also be used for Wi-Fi service, CCTV and recharging electric bicycles through the application [...]

Samsung Electro-Mechanics Develops World’s Smallest Power Inductor

Samsung Electro-Mechanics Develops World’s Smallest Power Inductor

SEOUL, Sept. 13 (Korea Bizwire) — Samsung Electro-Mechanics Co., a major electronic components maker in South Korea, said Sunday it has developed the world’s smallest power inductor. The affiliate of Samsung Group said its new power inductor measures 0.8 millimeter in width and 0.4 mm in length, which is a significant decrease from the industry’s [...]

Gov’t to Enhance Virus-related Privacy Protection amid Concerns over Data Breach

Gov’t to Enhance Virus-related Privacy Protection amid Concerns over Data Breach

SEOUL, Sept. 11 (Korea Bizwire) — The South Korean government on Friday announced additional measures to protect personal information, as the prolonged fight against the coronavirus pandemic has led to excessive data disclosures. The Personal Information Protection Commission (PIPC) released the measures to protect privacy amid the COVID-19 pandemic, aimed at minimizing harnessing private information. [...]

Big Data Shows Why Restaurant Businesses are Struggling

Big Data Shows Why Restaurant Businesses are Struggling

SEOUL, Sept. 10 (Korea Bizwire) — A big data analysis has revealed that the once popular consumer trends of exploring gourmet restaurants and having get-togethers after work, which have bolstered the growth of restaurant businesses in South Korea, have declined sharply due to the prolonged COVID-19 pandemic. The state-run Small Enterprise and Market Service carried [...]

Restaurant Owners Desperate as Food Delivery Apps Bombarded with Registration Requests

Restaurant Owners Desperate as Food Delivery Apps Bombarded with Registration Requests

SEOUL, Sept. 10 (Korea Bizwire) — As the coronavirus continues to rage on, an increasing number of small restaurants are jumping into the delivery business. The phenomenon of an overwhelming number of businesses attempting to join delivery platforms is resulting in processing delays for each application. Vroong, a food delivery platform, reported that the number [...]

SK Telecom Joins Hands with Samsung, Intel, HPE for Virtualization of 5G Network

SK Telecom Joins Hands with Samsung, Intel, HPE for Virtualization of 5G Network

SEOUL, Sept. 10 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, said Thursday it has joined hands with global partners for commercialization of the 5G virtual network. Under the partnership with Samsung Electronics Co., Hewlett Packard Enterprise Co. (HPE) and Intel Corp., SK Telecom will take part in the 5G network virtualization [...]

Foreign IT Firms Negligent in Duties of Operating Domestic Representatives for Personal Information

Foreign IT Firms Negligent in Duties of Operating Domestic Representatives for Personal Information

SEOUL, Sept. 10 (Korea Bizwire) — A handful of foreign information technology (IT) companies have been identified as having been negligent in their duties of operating domestic representatives for personal information. The domestic representatives are supposed to act on their behalf to perform the duties of a person responsible for management of personal information. The [...]

Homegrown Internet Companies Strongly Oppose So-called ‘Netflix Act’

Homegrown Internet Companies Strongly Oppose So-called ‘Netflix Act’

SEOUL, Sept. 9 (Korea Bizwire) — After the enforcement ordinance for the revision of the Telecommunication Business Act, the so-called ‘Netflix Free Ride Prevention Act,’ was unveiled, South Korea’s homegrown Internet companies voiced strong concerns about key provisions such as service maintenance and application standards. The enforcement ordinance of the Telecommunication Business Act, announced on [...]