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“Energy” Big Data to be Shared with Large Corporations

“Energy” Big Data to be Shared with Large Corporations

SEOUL, May 31 (Korea Bizwire) — A new way has been paved for corporations to incorporate the massive trove energy-related big data held by the Korea Electric Power Corporation (KEPCO) into new energy business models. The Ministry of Trade, Industry and Energy announced today that KEPCO had signed MOUs with four corporations (KT, SKT, LG [...]

Big Data, Drones to Safeguard Forests

Big Data, Drones to Safeguard Forests

SEOUL, May 16 (Korea Bizwire) — Drones have been gaining popularity in their application for a wide range of industries, including agriculture and manufacturing. They have become more reliable and capable of different tasks as technology has advanced. The Presidential Fourth Industrial Revolution Committee announced the establishment of an ‘Intelligence-based Forestry Disaster Management Strategy’ on [...]

S. Korea to Collect Big Data to Develop Personalized Medicines

S. Korea to Collect Big Data to Develop Personalized Medicines

SEOUL, May 16 (Korea Bizwire) — South Korea will collect big data from medical records from local hospitals to pave the way for the development of effective and appropriate treatment plans for individual patients, the commerce ministry said Monday. The Ministry of Trade, Industry and Energy said it launched a task force composed of hospitals, [...]

South Korea to Use Smart Technology for Rail Safety

South Korea to Use Smart Technology for Rail Safety

SEJONG, Jan. 17 (Korea Bizwire) — The South Korean government will use cutting-edge technology such as drones and the Internet of Things to improve the safety of the nation’s railway network. The Ministry of Land, Infrastructure and Transport has introduced a comprehensive white paper outlining technology projects over the next ten years, including the installation of [...]

S. Korea Files Third-largest Number of AI Patents in the World

S. Korea Files Third-largest Number of AI Patents in the World

SEOUL, Dec. 21 (Korea Bizwire) — South Korea’s state-run information and communications promotion agency said Thursday local companies have filed the third-largest number of patents related to artificial intelligence (AI) technology over the past 12 years. The Institute for Information and Communications Technology Promotion (IITP) said its finding is based on AI-related technologies applied to [...]

In Two Years, Gov’t Buildings Will Save Energy Using Smart Meters

In Two Years, Gov’t Buildings Will Save Energy Using Smart Meters

SEOUL, Nov. 17 (Korea Bizwire) – The government is aiming to trim its electrical bills with the help of big data integrated smart meters, electronic apparatuses that track the electricity consumption of a building. Currently being trialed at 363 regional government buildings since June, the plans are to install the devices in every government and [...]

AI Fact Checker Will Tackle Fake News, KAIST Professor Says

AI Fact Checker Will Tackle Fake News, KAIST Professor Says

DAEJEON, Nov. 10 (Korea Bizwire) – A KAIST professor has said artificial intelligence-based fact checkers could be more effective than humans in tackling fake news in the future. Professor Cha Mi-young, who teaches computing at the Korea Advanced Institute of Science & Technology (KAIST), said big-data efforts to quickly discover and prevent fake news from [...]

Naver’s European AI Research Team Debuts at Developers’ Meeting

Naver’s European AI Research Team Debuts at Developers’ Meeting

SEOUL, Oct. 18 (Korea Bizwire) – South Korean web giant Naver’s new European-based artificial intelligence research team has debuted at the company’s annual developers’ meeting this year. The research group, dubbed Naver Labs Europe, is an institute based in Grenoble in Southeastern France that used to be called ‘Xerox Research Centre Europe’, which Naver took over [...]