The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Aug. 16 (Korea Bizwire) — Rescue drones developed by a South Korean university research team have successfully passed on-site tests. Researchers from the Korea Aerospace University conducted an on-site drone test at Jumunjin Beach in Gangwon Province, which turned out to be successful. The rescue drones are designed to reach the survivors of an [...]
SEOUL, Aug. 16 (Korea Bizwire) — The government has begun full-fledged discussions on levying taxes and funds for online video services, a so-called “YouTube tax.” The Ministry of Science and ICT recently asked the Korea Legislation Research Institute, a government-funded research institute, to carry out research projects on overseas trends of digital taxes, including YouTube [...]
SEOUL, Aug. 16 (Korea Bizwire) — Samsung Electronics Co.’s share in the global NAND flash market and its revenue increased in the second quarter from a quarter ago thanks to demand recovery in some key products, an industry report said Friday. Samsung’s NAND shipments grew by 30 percent in the April-June period on the back [...]
SEOUL, Aug. 16 (Korea Bizwire) — Kim In-hwan spends most of her time by herself in a small apartment in Seoul. But the 83-year-old with no family says she’s not lonely thanks to a new talking buddy named Aria, the virtual assistant of SK Telecom Co.’s artificial intelligence (AI) speaker, NUGU. Waking up to the [...]
DAEJEON, Aug. 14 (Korea Bizwire) — A South Korean research team has developed a new biodegradable stent that naturally dissolves within the human body. It is composed of a unique material which became the world’s first to pass a pre-clinical trial. The Korea Institute of Machinery and Materials in Daejeon announced on Tuesday that its [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s three mobile carriers on Tuesday launched an upgraded text messaging service available on Samsung smartphones in a bid to challenge the nation’s leading mobile messaging app Kakao Talk. The three carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — said they started the new [...]
SEOUL, Aug. 13 (Korea Bizwire) — Samsung Electronics Co. plans to launch an integrated 5G chipset later this year to power upcoming 5G smartphones while decreasing size and power consumption, industry officials said Tuesday. Samsung, the world’s largest chip and smartphone maker, has been working on a mobile processor with a 5G modem built inside, [...]
SEOUL, Aug. 12 (Korea Bizwire) — A new phenomenon in South Korea is attracting much attention as YouTubers who broadcast live on the Internet often discover crime scenes or help arrest suspects. Some even say that YouTubers act as quasi-police officers or private detectives when law enforcement agencies are not on the ball. YouTuber ‘KKongji’ [...]
SEOUL, Aug. 9 (Korea Bizwire) — Samsung Electronics Co. raised its share in the global DRAM market in the second quarter thanks to some recovery demand in the server sector, but revenues fell due to slumping prices, a market researcher said Friday. Samsung’s market share in the DRAM market stood at 45.7 percent in the [...]
SEOUL, Aug. 9 (Korea Bizwire) — Despite this year’s bear market, robo-advisors (RA) have achieved a return rate that surpassed benchmarks in comparison. Robo-advisors, a combination of the words ‘robot’ and ‘advisor,’ automate the distribution of investment assets through computer algorithms. According to Koscom Corp., South Korea’s technology developer for brokerage houses, the rate of [...]