SEOUL, May 15 (Korea Bizwire) – The government held a consultative meeting with private sector stakeholders Thursday to promote the use of artificial intelligence (AI) in drug development in response to the intensifying global competition in the bio-health sector. The meeting brought together officials from the Ministry of Economy and Finance and other relevant government [...]
SEOUL, May 14 (Korea Bizwire) — Samsung Electronics has made its biggest acquisition in nearly a decade, purchasing Germany-based FläktGroup for €1.5 billion (approximately 2.38 trillion won or $1.68 billion) in a move to aggressively expand into the fast-growing global heating, ventilation, and air-conditioning (HVAC) market. The deal, announced Tuesday, positions Samsung to capitalize on soaring demand [...]
SEOUL, May 14 (Korea Bizwire) — Starting this June, South Korea will begin using artificial intelligence in clinical settings to assist with the interpretation of chest X-rays, aiming to enhance early detection of major pulmonary diseases such as lung cancer and tuberculosis. The Ministry of Health and Welfare has designated the AI-assisted diagnostic tool as an [...]
SEOUL, May 9 (Korea Bizwire) — The Seoul Facilities Corporation announced Friday that it will open a new AI-powered “Smart Shelter” in the Jonggak underground shopping center this November, transforming long-vacant retail spaces into a tech-driven experience zone blending shopping innovation and public rest areas. Spanning approximately 76 square meters (23 pyeong), the Smart Shelter will [...]
SEOUL, May 8 (Korea Bizwire) — Samsung Electronics announced a major organizational overhaul on Thursday, establishing a dedicated AI Productivity Innovation Group within its Device Experience (DX) division as part of its push to transform into a fully “AI-driven company.” The move marks a significant step in Samsung’s efforts to embed artificial intelligence into its [...]
SEOUL, May 8 (Korea Bizwire) — As concerns mount over the long-term sustainability of South Korea’s national health insurance system, the government has introduced a new AI-powered model designed to more precisely detect medical institutions suspected of overcharging patients. The Health Insurance Review and Assessment Service (HIRA) announced Thursday that it has developed an advanced [...]
SEOUL, May 2 (Korea Bizwire) —A recent surge in the popularity of Ghibli-style AI-generated images has brought to light generational differences in how South Koreans engage with generative AI tools, according to a new report by the Korea Press Foundation released Thursday. The report, published in the latest edition of Media Survey, analyzed responses from [...]
ULSAN, April 30, (Korea Bizwire) — South Korean scientists have created an advanced artificial tumor model using 3D printing and artificial intelligence (AI) to replicate the internal environment of cancer patients’ bodies, offering a breakthrough in personalized cancer prognosis. The joint research team from the Ulsan National Institute of Science and Technology (UNIST) and Seoul [...]
SEOUL, April 29 (Korea Bizwire) — South Korean scientists have developed an artificial intelligence (AI) technology capable of identifying autism spectrum disorder (ASD) in infants at an earlier stage than ever before, potentially transforming early intervention efforts. The Electronics and Telecommunications Research Institute (ETRI) and a team led by Professor Yoo Hee-jung from the Department of [...]
SEOUL, April 24 (Korea Bizwire) — Chinese artificial intelligence (AI) service DeepSeek, which temporarily suspended its service in South Korea amid controversy over its data management, was found to have transferred Korean user information to several companies in China and the United States without permission, the state data protection watchdog said Thursday. It was also [...]