SEOUL, Apr. 4 (Korea Bizwire) – In the competitive arena of consumer electronics, South Korean tech behemoths Samsung Electronics and LG Electronics are now embroiled in a high-stakes duel over the future of artificial intelligence (AI) in home appliances. This confrontation extends their historical rivalry beyond the realms of integrated washer-dryers and OLED televisions to the [...]
SEOUL, Apr. 4 (Korea Bizwire) — South Korea will funnel 710.2 billion won (US$526.9 million) into the government’s projects to integrate artificial intelligence (AI) into everyday life, the science ministry said Thursday. The AI Strategy High-Level Consultative Council, a government-civilian panel for shaping AI policies, convened its inaugural meeting and approved the investment plan to [...]
SEOUL, Apr. 3 (Korea Bizwire) – In a bold move to fortify its Artificial Intelligence (AI) chip development capabilities, Samsung Electronics has set its sights on securing top-tier AI talent, offering base salaries starting at an impressive 500 million won (approximately $420,000). This initiative underscores the tech giant’s commitment to reinforcing its AI semiconductor division amidst [...]
SEOUL, Mar. 29 (Korea Bizwire) – LG Electronics, which defines artificial intelligence as an “empathetic intelligence” for customers, has unveiled the improved AI capabilities of its 2024 lineup of LG OLED TVs, highlighting a “differentiated AI customer experience.” On March 27, LG Electronics hosted a press event at its LG Science Park in Mapo-gu, Seoul, where [...]
SEOUL, Mar. 27 (Korea Bizwire) – The battle for market dominance between Samsung Electronics and LG Electronics in AI-powered appliances and OLED televisions spilled over into the companies’ annual shareholder meetings this week, as top executives touted their firms’ technological prowess. At LG’s annual meeting on March 26, Cho Joo-wan, the company’s chief executive, emphasized that [...]
SEOUL, Mar. 27 (Korea Bizwire) — LG Group said Wednesday it will invest 100 trillion won (US$74.4 billion) in South Korea by 2028 to sharpen future technologies and seek new growth drivers. Unveiled at the group’s annual shareholders meeting in Seoul, the long- and mid-term investment plan places an emphasis on advancing future technologies, including [...]
SEOUL, Mar. 25 (Korea Bizwire) — SK Telecom has announced that its artificial intelligence (AI) personal assistant ‘A.’ (pronounced A Dot) will now provide crowding information for 37 popular cherry blossom viewing locations across the country. Through the A. application, users can access anticipated crowd levels by day and time slot, real-time congestion updates, recent [...]
SEOUL, Mar. 25 (Korea Bizwire) – KT Corporation has announced the introduction of a complimentary value-added service called ‘AI Spam Blocking Service’ that leverages artificial intelligence technology to automatically block spam text messages. The AI system, trained on over 1.5 million daily spam data points using deep learning, can automatically identify and block promotional spam [...]
SEOUL, Mar. 20 (Korea Bizwire) – Lee Sedol, the South Korean grandmaster who took on Google’s AI Go program AlphaGo in the ‘Game of the Century’ eight years ago, has offered a nuanced perspective on the rapid advancement of AI technology. In an interview released by Google Korea on March 19 to mark the 20th anniversary [...]
SEOUL, Mar. 20 (Korea Bizwire) — Samsung Electronics Co., the world’s largest maker of memory chips, said Wednesday that macroeconomic uncertainties are expected to be high this year but vowed to embrace a new opportunity in the rise of artificial intelligence (AI). “Although uncertainties in the macroeconomic environment are expected to be high this year, [...]