BUSAN, Nov. 6 (Korea Bizwire) – In a significant upgrade to its municipal services, the city of Busan announced on November 5 the launch of Finding All, a new citizen-participation platform that combines blockchain and artificial intelligence technologies to streamline the process of locating lost items. The platform emerged from Busan’s Blockchain Specialized Cluster Creation Project, [...]
SEOUL, Nov. 5 (Korea Bizwire) – In response to its first quarterly loss in 12 years, South Korean gaming giant NCsoft has pledged to undergo a drastic restructuring by year’s end to revitalize its performance. During the third-quarter earnings call on November 4, NCsoft CFO Hong Won-jun promised that from 2025 onwards, the company would focus [...]
SEOUL. 19 (Korea Bizwire) –The battle for supremacy in the global smartphone market has intensified, with Apple’s recent release of the iPhone 16 series bringing it within striking distance of long-time leader Samsung. Industry analysts suggest that the new camera button on the iPhone 16 has resonated with users, potentially driving a significant increase in [...]
SEOUL, Oct. 18 (Korea Bizwire) –Kakao Mobility, a leading South Korean tech company, announced on October 16 the launch of a new feature called Trending Now for its navigation app, Kakao Navi. This innovative service utilizes big data from user driving patterns to recommend real-time hotspots based on user preferences. Unlike traditional restaurant and nearby [...]
SEOUL, Oct. 16 (Korea Bizwire) – As Samsung Electronics grapples with an earnings shock in its third-quarter results, the company’s Mobile eXperience (MX) and Networks (NW) divisions have managed to remain profitable, earning praise for their resilience. However, the tech giant now faces a critical decision that could significantly impact its future smartphone offerings and bottom [...]
SEOUL, Oct. 14 (Korea Bizwire) – YouTube’s decision to extend the maximum length of its short-form video service, Shorts, from 60 seconds to 3 minutes is set to reshape the competitive landscape of video platforms in South Korea. The change, effective October 15, was announced on YouTube Korea’s blog, operated by Google Korea. Todd Sherman, YouTube’s [...]
SEOUL, Oct. 14 (Korea Bizwire) – The familiar “Settings” menu, long a staple of smartphone interfaces, may soon become a relic of the past on Samsung Galaxy devices. This shift reflects a broader trend in the digital manufacturing industry, where artificial intelligence (AI) is increasingly being used to interpret and execute user intentions without explicit commands. [...]
SEOUL, Oct. 10 (Korea Bizwire) – Samsung C&T, a major player in South Korea’s construction industry, announced on October 9 the launch of its new building platform, Bynd, marking a significant step in the company’s expansion into digital space innovation. The platform integrates various services essential for commercial buildings, leveraging cutting-edge technologies such as generative artificial [...]
SEOUL, Oct. 9 (Korea Bizwire) – South Korean consumers are grappling with inconvenient cancellation processes and limited refund policies in the country’s burgeoning video streaming market, according to a recent government investigation. The Korea Consumer Agency and Democratic Party lawmaker Min Byoung-dug released findings on October 8 from their joint study of six major streaming providers, including [...]
SEOUL, Oct. 4 (Korea Bizwire) — Samsung Electronics Co. has started offering popular Korean entertainment content in the United States via its smart television application through partnerships with South Korean entertainment giant CJ ENM Co., according to the company Friday. Samsung Electronics said it has started offering nearly 4,000 hours of free-to-stream Korean shows and [...]