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Mobile Traffic to Increase Tenfold Over the Next 6 Years

Mobile Traffic to Increase Tenfold Over the Next 6 Years

DAEJEON, Jan. 18 (Korea Bizwire) — A new study suggests that mobile traffic in South Korea will increase tenfold over the next six years amid growing demand for high quality video streaming services. The Electronics and Telecommunications Research Institute (ETRI) announced on Wednesday a number of projections concerning telecom providers and data usage in the coming [...]

Samsung Galaxy S9 Likely to Feature Variable Aperture

Samsung Galaxy S9 Likely to Feature Variable Aperture

SEOUL, Jan. 17 (Korea Bizwire) — Samsung Electronics Co.’s Galaxy S9 smartphone appears likely to feature a variable aperture camera, according to industry sources and news reports. The new smartphone, set to be unveiled next month, reportedly has a camera that can be moved from a very fast aperture of f/1.5 to a slightly slower [...]

Apple to Launch 1st Retail Shop in South Korea

Apple to Launch 1st Retail Shop in South Korea

SEOUL, Jan. 17 (Korea Bizwire) — Apple Korea said Wednesday it will open its first full-fledged retail shop in South Korea this month to help customers buy, repair and experience iPhones and other Apple products. The first shop in South Korea will open on Garosugil in the affluent southern district of Gangnam in Seoul on [...]

Nearly 2 Million S. Koreans Estimated to Have Used Cryptocurrency Apps

Nearly 2 Million S. Koreans Estimated to Have Used Cryptocurrency Apps

SEOUL, Jan. 15 (Korea Bizwire) – Nearly 2 million South Koreans are estimated to have used cryptocurrency applications with their smartphone in the past week, data showed Monday. A total of 1.96 million people may have used apps that allow them to handle digital currencies, such as bitcoin and ethereum, last week, up from 140,000 [...]

Many Teens Use Mobile Phones to Access Obscene Sites: Survey

Many Teens Use Mobile Phones to Access Obscene Sites: Survey

SEOUL, Jan. 12 (Korea Bizwire) — Nearly 3 out of 10 adolescents access Internet sites with obscene content using mobile gadgets, a survey showed Friday. About 27 percent of those in their teens visited such sites, according to the survey of 10,000 people conducted by consulting firm Beyond The Research at the request of the [...]

Hyundai Motor Invests in Ride-hailing Firm Grab for Partnership

Hyundai Motor Invests in Ride-hailing Firm Grab for Partnership

SEOUL, Jan. 11 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday it invested in the Southeast Asian ride-hailing firm Grab for a possible business partnership in the transportation service sector. Hyundai Motor reportedly invested tens of billions of won to acquire a stake in Grab so it could get [...]

Consumer Group to File 1st Local Lawsuit Against Apple over iPhone Slowdown

Consumer Group to File 1st Local Lawsuit Against Apple over iPhone Slowdown

SEOUL, Jan. 10 (Korea Bizwire) — A consumer activist group said Wednesday it will file for a compensation suit with a Seoul court this week against Apple Inc. and its local headquarters for a reward of 2.2 million won (US$2,056) per plaintiff. The Citizens United for Consumer Sovereignty (CUCS) is expected to file the suit [...]

Seoul to Roll Out Chatbot Service for Policy Discussion Later This Year

Seoul to Roll Out Chatbot Service for Policy Discussion Later This Year

SEOUL, Jan. 9 (Korea Bizwire) — The Seoul government is set to introduce a new AI chatbot service dedicated to discussing administrative matters later this year. The Seoul Metropolitan Government has announced plans to invest over 200 billion won in a total of 842 upcoming Fourth Industrial Revolution projects this year, building on the latest [...]

S. Koreans Missing for Second Year at CES Keynote Stage

S. Koreans Missing for Second Year at CES Keynote Stage

LAS VEGAS, Jan. 8 (Korea Bizwire) — South Korean industry leaders are absent for the second year in a row on the keynote schedule of the Consumer Electronics Show (CES), the world’s biggest IT fair, having been replaced by fast-rising Chinese counterparts. The website of the Consumer Technology Association, the organizer of the CES that [...]