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Ministry to Employ Latest Technologies to Boost Military Logistics Efficiency

Ministry to Employ Latest Technologies to Boost Military Logistics Efficiency

SEOUL, Apr. 17 (Korea Bizwire) — The defense ministry said Wednesday that it plans to establish a defense “big data” system this year as part of efforts to enhance the military’s logistical capabilities by harnessing cutting-edge technologies. It is one of the ministry’s 18 plans to be pushed for this year under the Defense Reform [...]

Kakao Map Adopts British Startup’s Geo-coding System

Kakao Map Adopts British Startup’s Geo-coding System

SEOUL, Apr. 16 (Korea Bizwire) — South Korean IT giant Kakao Corp. said Tuesday that it has joined hands with what3words Ltd. to insert the London-based startup’s innovative geo-coding system into its mapping service, Kakao map. Kakao started its mapping service early this month by adopting the British startup’s technology. What3words launched the service that [...]

Ransomware Attacks on Companies Rise in 2018: Poll

Ransomware Attacks on Companies Rise in 2018: Poll

SEOUL, Apr. 16 (Korea Bizwire) — The number of ransomware attacks on companies rose sharply last year, making ransomware the most prevalent type of malicious software detected, a government poll showed Tuesday. Of businesses that experienced some kind of hacking attempt, 56.3 percent said they were attacked by ransomware, up 30.8 percentage points from 2017, [...]

Samsung Aims for Chip Foundry Market with Latest Fab Technology

Samsung Aims for Chip Foundry Market with Latest Fab Technology

SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that it has completed the development of its latest fabrication process technology, bolstering its bid to expand its presence in the global foundry market. Samsung, the world’s largest memory chip maker, said the development of its 5-nanometer (nm) FinFET process technology is complete and [...]

Focus of 5G Race Shifts from being ‘First’ to ‘Best’

Focus of 5G Race Shifts from being ‘First’ to ‘Best’

SEOUL, Apr. 16 (Korea Bizwire) — Now that South Korea has won the much-coveted crown of the world’s “first” to launch 5G commercial service, it is time to improve the service’s quality and create lucrative business models to lead the way in the global 5G race, market watchers said Tuesday. Samsung Electronics Co.’s Galaxy S10 [...]