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The latest technology news coverage. We bring you the latest information on what is happening in Korea today.

LG CNS to Build AI-Powered Insect Smart Farm in Korea’s First High-Tech Insect Industry Hub

LG CNS to Build AI-Powered Insect Smart Farm in Korea’s First High-Tech Insect Industry Hub

CHUNCHEON & SEOUL, July 16 (Korea Bizwire) — LG CNS, the digital transformation arm of LG Group, is stepping into the burgeoning insect industry with plans to construct a cutting-edge smart insect farm in Chuncheon, Gangwon Province, aimed at automating and digitizing the mass production of edible insects such as mealworms. The initiative marks the company’s [...]

LG’s WashTower Earns Top Honors from U.S. and U.K. Review Outlets for Performance and Design

LG’s WashTower Earns Top Honors from U.S. and U.K. Review Outlets for Performance and Design

SEOUL, July 16 (Korea Bizwire) — LG Electronics’ all-in-one washer-dryer, the LG WashTower, has been named the best laundry appliance by leading media outlets in the United States and Europe, the company announced Tuesday. Forbes magazine ranked the WashTower as the “Best Overall Washer Dryer” for its exceptional ease of use, washing performance, energy efficiency, [...]

Korean Moviegoers Flock to 4D Cinemas as Sweltering Heat Drives Demand for Immersive Escapes

Korean Moviegoers Flock to 4D Cinemas as Sweltering Heat Drives Demand for Immersive Escapes

SEOUL, July 16 (Korea Bizwire) — As temperatures in South Korea soar past 36 degrees Celsius, air-conditioned cinemas are becoming urban sanctuaries — and 4D screenings are emerging as a favorite form of escape. Blockbuster releases like F1: The Movie and Jurassic World: New Beginning are drawing crowds eager for immersive experiences that offer more [...]

Korean Game Developers Set Sights on Global Market with Strong Presence at Gamescom 2025

Korean Game Developers Set Sights on Global Market with Strong Presence at Gamescom 2025

SEOUL, July 15 (Korea Bizwire) — South Korea’s major game developers are ramping up efforts to expand their global reach, unveiling their latest titles at Gamescom 2025, one of the world’s largest video game trade fairs, set to take place in Cologne, Germany, from August 20 to 24. According to industry sources on Tuesday, Krafton, [...]

Samsung Retains Global Smartphone Crown in Q2 on Budget Galaxy Sales

Samsung Retains Global Smartphone Crown in Q2 on Budget Galaxy Sales

SEOUL, July 15 (Korea Bizwire) — Samsung Electronics Co. maintained its lead in the global smartphone market in the second quarter, supported by sales of its competitively priced Galaxy A models, industry data showed Tuesday. According to the data from market tracker Canalys, Samsung accounted for 19 percent of the global smartphone market in terms [...]

LG Unveils Korea’s First Hybrid AI Model, EXAONE 4.0

LG Unveils Korea’s First Hybrid AI Model, EXAONE 4.0

SEOUL, July 15 (Korea Bizwire) — LG AI Research, the artificial intelligence (AI) lab under South Korea’s LG Group, on Tuesday unveiled EXAONE 4.0, the country’s first hybrid AI model. The hybrid AI model delivers world-class performance by combining the strengths of large language models (LLMs) and reasoning AI, the company said in a press [...]

Google to Launch Standalone YouTube Premium Lite in Korea Amid Antitrust Review

Google to Launch Standalone YouTube Premium Lite in Korea Amid Antitrust Review

SEOUL, July 15 (Korea Bizwire) — Google plans to launch a standalone premium subscription plan for YouTube video streaming without the music streaming component in South Korea, as part of a voluntary corrective measure to address its alleged anti-competitive practice, the country’s antitrust regulator said Tuesday. The standalone product, dubbed YouTube Premium Lite, will be [...]

LG Partners with Chinese Firms to Launch Budget Home Appliances in Europe

LG Partners with Chinese Firms to Launch Budget Home Appliances in Europe

SEOUL, July 14 (Korea Bizwire) — LG Electronics is making a strategic push into Europe’s mid- to low-end appliance market by collaborating with Chinese manufacturers from the product design stage — a first for the South Korean tech giant. According to industry sources on July 14, LG plans to launch a new front-load washing machine [...]

Seoul Seeks to Rebalance Capital Toward AI and Biotech, Away from Housing Loans

Seoul Seeks to Rebalance Capital Toward AI and Biotech, Away from Housing Loans

SEOUL, July 14 (Korea Bizwire) — South Korea’s financial authorities are preparing a sweeping overhaul of capital regulations to curb excessive bank lending in real estate and steer financial resources toward high-growth industries like artificial intelligence and biotechnology. According to industry officials on July 13, the Financial Services Commission (FSC) is reviewing plans to raise [...]