The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, June 22 (Korea Bizwire) — LG Electronics Inc. said Wednesday it is joining hands with Kakao Mobility Corp., the country’s leading taxi-hailing firm, to develop mobility-related technologies and services, as the tech giant has been aggressively pushing to expand its business with the next growth engine. The two tech firms recently signed a memorandum [...]
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 [...]
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 [...]
DAEJEON, June 22 (Korea Bizwire) — The Korea Atomic Energy Research Institute said Tuesday that its Radiation Breeding Research Center had developed a hybrid air cargo X-ray security scanner using both X-rays and neutron imaging. The hybrid X-ray security scanner was developed based on the concept that X-rays penetrate less in heavier objects, while neutrons [...]
SEOUL, June 22 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Tuesday it had opened the Teach-driven Entertainment for Asian Movement (TEAM) Studio at the 2nd Techno Valley, a startup complex near Seoul. The TEAM Studio is a visual effects (VFX)-based media content studio with a floor space of about 3,050 [...]