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TikTok Lite Surges in South Korea, Raising Questions About Digital Rewards and User Engagement

TikTok Lite Surges in South Korea, Raising Questions About Digital Rewards and User Engagement

SEOUL, Jul. 15 (Korea Bizwire) – TikTok Lite, the streamlined version of the popular short-form video platform owned by Chinese tech giant ByteDance, has seen a dramatic rise in South Korea, with monthly active users approaching 4 million, according to recent data.  A survey conducted by WiseApp, a local app and retail analysis service, reveals that [...]

Koreans Lead in Embracing Mobile AI, Samsung Study Finds

Koreans Lead in Embracing Mobile AI, Samsung Study Finds

SEOUL, July 13 (Korea Bizwire) – South Korean consumers show the highest enthusiasm for using artificial intelligence (AI) technology on mobile devices, according to a study released by Samsung Electronics on July 11. The findings were unveiled at the “Salon de AI,” a Galaxy AI media forum held in Paris, following the company’s Galaxy product launch [...]

AI Tools Show Highest Satisfaction in Sales, Struggle in Legal Work, Global Survey Finds

AI Tools Show Highest Satisfaction in Sales, Struggle in Legal Work, Global Survey Finds

SEOUL, Jul. 12 (Korea Bizwire) – A recent global survey has revealed that generative AI tools, such as ChatGPT, have seen the most significant improvement in performance satisfaction within the sales sector this year. Meanwhile, the legal field experienced the steepest decline in AI satisfaction.  According to a quarterly AI survey conducted by Bain & Company, [...]

Galaxy Ring and New Smartwatches Highlight Samsung’s Commitment to Health and AI Integration

Galaxy Ring and New Smartwatches Highlight Samsung’s Commitment to Health and AI Integration

SEOUL, Jul. 11 (Korea Bizwire) – Samsung Electronics introduced its latest lineup of wearable devices on July 10, showcasing a strong focus on healthcare functionality and artificial intelligence integration. The tech giant unveiled its first smart ring, the Galaxy Ring, alongside new smartwatch models at the “Galaxy Unpacked 2024″ event held in the underground exhibition [...]

South Korean Home Shopping Channels Embrace AI-Powered Short-Form Content

South Korean Home Shopping Channels Embrace AI-Powered Short-Form Content

SEOUL, Jul. 10 (Korea Bizwire) – In a bid to capture the attention of younger consumers, South Korea’s home shopping industry is racing to produce short-form content, leveraging artificial intelligence to transform hour-long live broadcasts into bite-sized videos for mobile apps and YouTube. Leading the charge, Shinsegae Live Shopping announced on July 9 that it would [...]

South Korea Expands Access to Personal Data, Raising Privacy Concerns and Industry Hopes

South Korea Expands Access to Personal Data, Raising Privacy Concerns and Industry Hopes

SEOUL, Jul. 9 (Korea Bizwire) – In a bold move to bolster its artificial intelligence industry, the South Korean government has announced plans to release a wide range of personal data to businesses, researchers, and the public this year. The data, which will undergo pseudonymization, includes sensitive information such as college entrance exam scores, medical records, [...]

South Korea’s Defense Ministry Launches AI Service, Boosting Military Operations

South Korea’s Defense Ministry Launches AI Service, Boosting Military Operations

SEOUL, Jul. 4 (Korea Bizwire) – The South Korean Ministry of National Defense announced on July 3 the launch of a specialized generative artificial intelligence (AI) service for defense operations, accessible through its internal network.  Similar to ChatGPT, the popular AI service developed by OpenAI, this new platform allows users to engage in chat-based interactions to [...]

South Korea Introduces AI Model to Streamline Workers’ Compensation Process

South Korea Introduces AI Model to Streamline Workers’ Compensation Process

SEOUL, Jul. 3 (Korea Bizwire) – The South Korean government has developed an artificial intelligence (AI) model to determine appropriate treatment periods for workers injured on the job, marking a significant shift in the management of industrial accident claims.  The Ministry of the Interior and Safety, in collaboration with the Korea Workers’ Compensation and Welfare Service, [...]

Hyundai Department Store Embraces AI for Ad Design, Doubling Click-Through Rates

Hyundai Department Store Embraces AI for Ad Design, Doubling Click-Through Rates

SEOUL, Jul. 2 (Korea Bizwire) – Hyundai Department Store announced on July 1 that it is introducing an AI-powered advertising designer called OneStep in collaboration with GiantStep, a company specializing in real-time content and generative AI solutions.  OneStep is a program that generates advertising images based on user-input event descriptions. For instance, when a user enters [...]

SK Group to Secure ₩80 Trillion by 2026 for AI and Chip Investments

SK Group to Secure ₩80 Trillion by 2026 for AI and Chip Investments

SEOUL, June 30 (Korea Bizwire) – SK Group, South Korea’s chip-to-construction conglomerate, said Sunday it will secure 80 trillion won (US$58 billion) by 2026 for investments, mainly in artificial intelligence and semiconductors. Some 20 chief executives of the group’s major affiliates gathered at its research center in Icheon, 58 kilometers southeast of Seoul, from Friday [...]