SEOUL, Feb. 3 (Korea Bizwire) — Global executives have identified the automotive sector as the industry likely to face the most significant disruption this year, according to a new survey. The research also revealed that amid the rise of China’s low-cost AI system DeepSeek, 8 in 10 executives believe artificial intelligence will positively impact their industries. [...]
SEOUL, Jan. 31 (Korea Bizwire) — KOTRA, the Korea Trade-Investment Promotion Agency, has released a new report titled “The Rise of AI Markets: A New Chapter in Export Opportunities,” analyzing the rapidly growing global artificial intelligence market and highlighting export opportunities for South Korean companies. The report projects that the global AI market will grow to [...]
SEOUL, Jan. 30 (Korea Bizwire) — In a first for local governments in South Korea, Seoul has launched the ‘Seoul Data Hub,’ an AI-powered public data platform that allows users to access city data using natural language queries. The service, which integrates generative AI technology, enables both experts and ordinary citizens to conveniently obtain information. Users [...]
SEOUL, Jan. 30 (Korea Bizwire) — Major computer manufacturers are rolling out new laptop models for 2025, with artificial intelligence capabilities taking center stage as a key differentiator in the marketplace. According to a recent Dell report on workplace PC usage and AI PC outlook, users particularly value AI PCs for their ability to handle AI-related tasks [...]
SEOUL, Jan. 30 (Korea Bizwire) — SK Telecom Co.’s envisioned artificial intelligence (AI) assistant service for global users will likely feature connections to popular online applications, such as Google Calendar, sources said Thursday. The AI assistant, named aster, is expected to help users create to-do lists and make reservations for transportation and accommodations based on [...]
SEOUL, Jan. 30 (Korea Bizwire) — Generative AI is becoming a crucial growth engine in the gaming industry, significantly reducing development time for major game companies, according to a new industry analysis. The KDB Future Strategy Research Institute’s Industrial Technology Research Center reported on January 29 that gaming companies are actively implementing AI-based development tools and leveraging [...]
SEOUL, Jan. 24 (Korea Bizwire) — LG Electronics Inc. said Friday it has decided to secure management rights to a California-based artificial intelligence (AI) robotics startup as part of its push to expand its robotics business. At its board of directors meeting, LG Electronics decided to increase its stake in Bear Robotics to 51 percent [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korea will work to open a national artificial intelligence (AI) computing center by 2027 as part of efforts to strengthen its competitiveness in the fast-evolving technology, the science ministry said Wednesday. The government will create the AI center with a computing capacity of 1 exaflops through a joint [...]
SEOUL, Jan. 21 (Korea Bizwire) — Korean manufacturers of power equipment and electrical cables are strengthening their foothold in the United States as demand surges for grid infrastructure upgrades, driven by artificial intelligence and data center expansion. HD Hyundai Electric announced on January 20 its plans to invest 185 billion won to construct a second manufacturing [...]
SEOUL, Jan. 20 (Korea Bizwire) — In a move to penetrate South Korea’s tightly controlled smartphone market, Xiaomi is looking to establish its first physical store in Seoul, potentially disrupting the long-standing dominance of Samsung and Apple. The Chinese tech giant, which recently established a Korean subsidiary, launched its first product, the Xiaomi 14T, on January [...]