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Game Companies Take Wait-and-See Approach Towards Plunge in the Price of Their Cryptocurrencies

Game Companies Take Wait-and-See Approach Towards Plunge in the Price of Their Cryptocurrencies

SEOUL, June 24 (Korea Bizwire) — South Korean game companies with products featuring virtual coins and other blockchain functionalities are taking a wait-and-see approach towards the recent plunge in the prices of cryptocurrencies operated by them for in-game purchases and trading. Wemix, a cryptocurrency operated by Wemade Co., the developer of the play-to-earn (P2E) game [...]

Hyundai Mobis Develops Smart Controller to Analyze Biometric Signals

Hyundai Mobis Develops Smart Controller to Analyze Biometric Signals

SEOUL, June 24 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday it had developed a smart controller that can analyze a driver’s biometric signals to ensure safe driving. The newly-developed controller, called Smart Cabin, consists of four sensors to measure the passenger’s biometric signals, a controller that analyzes bio-signal [...]

LG Uplus Develops New Technology that Can Prevent Hacking of Intelligent CCTV

LG Uplus Develops New Technology that Can Prevent Hacking of Intelligent CCTV

SEOUL, June 24 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Thursday it had developed a new technology to prevent the hacking of intelligent CCTV systems in collaboration with Internet of Things (IoT) security specialist ICTK Holdings. Intelligent CCTV refers to an artificial intelligence (AI) service that analyzes video images [...]

S. Korea Successfully Deploys Precision Navigation Satellite to Boost GPS Accuracy, Flight Safety

S. Korea Successfully Deploys Precision Navigation Satellite to Boost GPS Accuracy, Flight Safety

SEOUL, June 23 (Korea Bizwire) — South Korea successfully launched a precision aviation satellite Thursday to improve the accuracy and reliability of global positioning system (GPS) signals and better ensure flight safety, the government said. The satellite for the Korea Augmentation Satellite System (KASS), the country’s first precision GPS location augmentation system, lifted off from [...]

Samsung Electro-Mechanics to Invest 300 bln Won in Semiconductor Package Substrates

Samsung Electro-Mechanics to Invest 300 bln Won in Semiconductor Package Substrates

SEOUL, June 23 (Korea Bizwire) – Samsung Electro-Mechanics Co., a major electronics components maker in South Korea, said Thursday it will make an additional investment of 300 billion won (US$230 million) in its flip-chip-ball grid array (FC-BGA) business, aimed at expanding the production of its plants in Busan, Sejong and Vietnam. Prior to this, the [...]

S. Korea Confirms Homegrown Space Rocket’s Satellite Orbit Deployment Capability

S. Korea Confirms Homegrown Space Rocket’s Satellite Orbit Deployment Capability

SEOUL, June 22 (Korea Bizwire) — A South Korean satellite has made two-way communication with its ground station, officials said Wednesday, confirming the success of the country’s first-ever self-powered satellite deployment project. South Korea on Tuesday successfully launched the 200-ton Nuri from Naro Space Center in the country’s southern coastal village of Goheung in a [...]

Samsung Expected to Announce Mass Production of 3nm Chip Next Week

Samsung Expected to Announce Mass Production of 3nm Chip Next Week

SEOUL, June 22 (Korea Bizwire) — Samsung Electronics Co. is expected to announce mass production of 3-nanometer semiconductors next week, sources said Wednesday, beating its foundry rival TSMC in advanced chipmaking process. The next-generation 3nm chips will be built on the Gate-All-Around (GAA) technology, which Samsung said will allow up to 45 percent area reduction [...]