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South Korea Moves to Regulate Biometric Data as Wearable Tech Advances

South Korea Moves to Regulate Biometric Data as Wearable Tech Advances

SEOUL, Jul. 22 (Korea Bizwire) – As new technologies emerge that can predict menstrual cycles and detect sleep apnea by collecting biometric data during sleep, including heart rate, blood sugar levels, and stress indicators, the South Korean government has initiated efforts to draft legislation to address these developments.  The Personal Information Protection Commission (PIPC) aims to [...]

LG Electronics Leverages Six Decades of Expertise and AI to Revolutionize Smart Factory Solutions

LG Electronics Leverages Six Decades of Expertise and AI to Revolutionize Smart Factory Solutions

SEOUL, Jul. 19 (Korea Bizwire) – LG Electronics is ramping up its smart factory solutions business, leveraging 66 years of manufacturing and production data combined with artificial intelligence (AI) and digital transformation (DX) technologies.  The company aims to aggressively enter industrial sectors with anticipated growth in factory demand, with the goal of achieving revenue of 1 [...]

South Korean Researchers Develop AI System to Predict Crime Before It Happens

South Korean Researchers Develop AI System to Predict Crime Before It Happens

DAEJEON, Jul. 19 (Korea Bizwire) – In a breakthrough that could revolutionize law enforcement, South Korean researchers have developed artificial intelligence technology capable of predicting criminal activity before it occurs.  The Electronics and Telecommunications Research Institute (ETRI) announced on July 18 that it has created a system called Dejaview that analyzes CCTV footage, crime statistics, and [...]

Samsung Electronics Acquires British Knowledge Graph Tech Startup for AI

Samsung Electronics Acquires British Knowledge Graph Tech Startup for AI

SEOUL, Jul. 18 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has acquired the British artificial intelligence and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities. The South Korean tech giant signed an agreement to take over the U.K.-based startup on Tuesday (British time). But it [...]

SK Telecom’s AI-Powered Veterinary Diagnostic Tool Expands to North America

SK Telecom’s AI-Powered Veterinary Diagnostic Tool Expands to North America

SEOUL, Jul. 16 (Korea Bizwire) – SK Telecom, a leading South Korean telecommunications company, is set to introduce its artificial intelligence-based veterinary diagnostic aid service, X Caliber, to the North American market, following successful launches in Australia and Indonesia.  On July 15, SK Telecom announced that it had signed a distribution agreement with Nuon and Nikki, [...]

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 [...]