The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, June 26 (Korea Bizwire) — The government convened a consultative meeting with the private sector Thursday to discuss the development of quantum technology amid an intensifying global race to secure a future game changer across economic and security domains, the finance ministry said. The consultative body, led by the Ministry of Economy and Finance, [...]
SEOUL, June 26 (Korea Bizwire) — LG Electronics is set to launch a pilot project to evaluate the commercial viability of “Mineral Wash,” a functional glass powder that could replace surfactants in laundry detergents—offering a low-carbon, water-saving alternative for eco-conscious consumers and businesses. On Thursday, the company announced it would sign a memorandum of understanding [...]
SEOUL, June 26 (Korea Bizwire) — SK Telecom is poised to reenter South Korea’s competitive mobile market with aggressive customer acquisition strategies following a 51-day business suspension. With Samsung’s Galaxy Z Fold 7 set for release next month and potential changes to the country’s subsidy regulations looming, industry watchers expect a full-fledged “subsidy war” among [...]
SEOUL, June 25 (Korea Bizwire) — South Korea has launched an integrated system that provides real-time information on power generation and consumption, enabling swift adjustments to how much power should be generated, as well as where the power would come from, the industry ministry said Wednesday. Information on power grids, which had been dispersed across [...]
SEOUL, June 25 (Korea Bizwire) — Workers at Neople, the Nexon subsidiary behind the blockbuster Dungeon & Fighter franchise, will stage a full-scale, three-day strike this week—marking the first such labor action in South Korea’s gaming industry. The Neople union, part of the Korean Confederation of Trade Unions (KCTU), announced Tuesday that it will hold mass [...]
SEOUL, June 24 (Korea Bizwire) — Samsung Electronics has officially introduced the Exynos 2500, its most advanced smartphone processor to date, signaling a major leap in chip design and manufacturing ahead of next month’s Galaxy Unpacked event in New York. Detailed on Samsung’s official website, the Exynos 2500 is the first smartphone application processor (AP) to [...]
SEOUL, June 24 (Korea Bizwire) — The recent service disruption in Samsung Pay, a mobile payment system operated by Samsung Electronics Co., was caused by a firewall error at a data center in Suwon, just south of Seoul, government officials said Tuesday. On June 2, Samsung Pay experienced service errors lasting over three hours beginning [...]
SEOUL, June 24 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will hold its next Galaxy Unpacked event in New York next month to unveil the latest Galaxy Z series smartphones featuring advanced artificial intelligence (AI) and an ultra-slim foldable design. The event will take place in Brooklyn, New York, at 10 a.m. on [...]
SEOUL, June 24 (Korea Bizwire) — SK hynix Inc. plans to build a new semiconductor back-end process facility in central South Korea to enhance its chip-packaging capabilities, industry sources said Tuesday. According to the sources, the company announced in an internal posting that it will demolish an existing building at its factory site in Cheongju, [...]
SEOUL, June 24 (Korea Bizwire) — As inflation continues to pressure South Korean consumers, a new wave of subscription price hikes across major streaming platforms—dubbed “streamflation”—is intensifying household budget strain and fueling public backlash. Netflix Korea recently raised its ad-supported standard plan from 5,500 won to 7,000 won per month and its basic plan from [...]