The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Sept. 23 (Korea Bizwire) — Seoul has the 16th-best startup ecosystem among cities across the world, an annual report by an American research firm showed Thursday. According to the Global Startup Ecosystem Report 2021 released by Startup Genome, a San Francisco-based research firm, South Korea’s capital ranked No. 16 on the list of 280 [...]
SEOUL, Sept. 23 (Korea Bizwire) — Home appliance manufacturers are diversifying their marketing strategies to win the hearts of the new and upcoming MZ generation, born between the 1980s and 2000s. Samsung Electronics Co. appeared on Naver Live Commerce to release and sell the new multifunctional cooking appliance BESPOKE Qooker while its rival LG Electronics [...]
SEOUL, Sept. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday it has signed a deal to acquire a stake in Israel-based automotive cybersecurity firm Cybellum in a move to strengthen its growing auto parts business. The South Korean tech giant said it will purchase a 63.9 percent stake in Cybellum and plans to jack [...]
SEOUL, Sept. 23 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, unveiled a series of YouTube videos to introduce domestic semiconductor plants as well as to offer a full glimpse of the process of producing and distribution chips. Mainly targeting the “MZ generation,” a Korean term referring to millennials and Generation Z, [...]
SEOUL, Sept. 17 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Friday it will purchase 175 billion won (US$150 million) worth of stocks in its media unit KT Studio Genie as part of efforts to bolster its growing entertainment business. The telecom operator said it will purchase 8.75 million shares in the [...]
SEOUL, Sept. 16 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Wednesday that it has introduced one-on-one interview sessions on a metaverse platform to hire new recruits. The metaverse refers to a 3-D virtual shared world, in which all activities can take place with the help of augmented- and virtual-reality services. [...]
SEOUL, Sept. 16 (Korea Bizwire) — Xiaomi Corp. said Thursday its new tablet PC will go on sale in South Korea next week as the Chinese tech giant eyes to expand its presence here. Xiaomi Pad 5, which was first unveiled in China last month, will be available on South Korean online retailers from next [...]
SEOUL, Sept. 16 (Korea Bizwire) — The cloud affiliate of South Korea’s leading internet portal operator, Naver Corp., said Thursday it aims for the No. 3 position in the Asian Pacific region by 2023. “We aim to reach the No. 2 position in the country, and No. 3 in Japanese and Southeast Asian markets by [...]
SEOUL, Sept. 16 (Korea Bizwire) – LG Electronics Inc. said Thursday the first phase of home appliance manufacturing facility upgrades at its main production base in South Korea has been completed as the company aims to improve productivity with a better automation system. The tech giant said its reconstructed production building at LG Smart Park [...]
SEOUL, Sept. 16 (Korea Bizwire) — Samsung Electronics Co. said Thursday its technology conference will take place online for the first time next month amid the pandemic. The South Korean tech giant said it decided to hold the Samsung Developer Conference (SDC) on Oct. 26. The event was canceled last year due to COVID-19 concerns. [...]