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Naver Cloud Wins Top Global Award for AI Text Recognition Technology

Naver Cloud Wins Top Global Award for AI Text Recognition Technology

SEOUL, Oct. 8 (Korea Bizwire) — Naver Cloud has claimed first place at a leading international competition for optical character recognition (OCR), cementing its standing as a global leader in text recognition technology. According to the ICT industry on Wednesday, Naver Cloud ranked first at the OCR competition held during the International Conference on Document [...]

From Online Bookstores to Hospitals, Ransomware Hits Everyday Services

From Online Bookstores to Hospitals, Ransomware Hits Everyday Services

SEOUL, Aug. 28 (Korea Bizwire) — Global ransomware cases climbed 17 percent in the second quarter from a year earlier, with consumer-facing services bearing the brunt of attacks, according to a report released Tuesday by SK Shieldus, a South Korean cybersecurity company. The firm tallied 1,556 incidents worldwide between April and June. While that marked [...]

Naver Unveils Plans for AI-Driven ‘Integrated Agent’ as Global Search Competition Heats Up

Naver Unveils Plans for AI-Driven ‘Integrated Agent’ as Global Search Competition Heats Up

SEOUL, June 12 (Korea Bizwire) — Naver is doubling down on its push into generative AI-powered search, announcing the launch of a new “Integrated Agent” system aimed at delivering seamless, conversation-based search experiences that move beyond traditional keyword queries. At a press briefing held Thursday at its D2SF headquarters in Seoul, Naver outlined its vision [...]

South Korea’s Server Market Surged 72.7% in 2024, Driven by Soaring Demand for AI-Optimized GPU Systems

South Korea’s Server Market Surged 72.7% in 2024, Driven by Soaring Demand for AI-Optimized GPU Systems

SEOUL, June 5 (Korea Bizwire) — South Korea’s server market expanded by a staggering 72.7% in 2024 from the previous year, fueled by a sharp rise in demand for GPU-powered systems amid the rapid adoption of generative artificial intelligence, according to a report released Wednesday by IT research and consulting firm IDC Korea. The market [...]

AI Agents at Work: Korea’s Next Phase of Digital Transformation

AI Agents at Work: Korea’s Next Phase of Digital Transformation

SEOUL, June 3 (Korea Bizwire) — As South Korea’s tech sector transitions from digital transformation (DX) to what many now call “AI transformation” (AX), major system integration (SI) companies are rapidly deploying generative AI across their development operations—redefining the core of enterprise software engineering. Leading the charge is LG CNS, which recently upgraded its AI coding [...]

Kakao Spins Off Online Portal Daum to Revive Competitiveness

Kakao Spins Off Online Portal Daum to Revive Competitiveness

SEOUL, May 22 (Korea Bizwire) — South Korea’s internet giant Kakao Corp. said Thursday it has spun off Daum, the country’s second-largest internet portal, in a bid to revive the platform’s competitiveness amid a declining market share. During a board of directors meeting, Kakao approved the plan to spin off the in-house team managing Daum [...]

Digital Classrooms Take Root in Seoul as iPads Transform Middle School Learning

Digital Classrooms Take Root in Seoul as iPads Transform Middle School Learning

SEOUL,May 15 (Korea Bizwire)  — In a bright classroom at Deokseong Girls’ Middle School in central Seoul, students began their first-period social studies lesson not with paper textbooks but with Apple iPads, seamlessly streaming a video on refugees from the Gaza Strip. It was a typical scene in one of South Korea’s pioneering Apple Distinguished [...]

Google’s Map Data Request Sparks Security Alarm in South Korea

Google’s Map Data Request Sparks Security Alarm in South Korea

SEOUL, May 9 (Korea Bizwire) — South Korean security and technology experts are raising alarms over Google’s renewed request to export high-resolution digital maps of the country, warning that approval could pose grave national security and economic risks in an era of increasingly drone-based warfare and geopolitical uncertainty. During a policy forum held at the [...]

Study Finds Chatbots Help Reduce Loneliness and Social Anxiety

Study Finds Chatbots Help Reduce Loneliness and Social Anxiety

ULSAN, Jan. 21 (Korea Bizwire) — A new study has revealed that conversational AI chatbots can effectively reduce feelings of loneliness and social anxiety, according to research findings released on January 20 by scientists at the Ulsan National Institute of Science and Technology (UNIST).  The research, conducted jointly with Korea University Anam Hospital’s Department of Psychiatry, [...]

Samsung’s Harman Unveils ‘Automotive Intelligence’ Technologies

Samsung’s Harman Unveils ‘Automotive Intelligence’ Technologies

LAS VEGAS, Jan. 8 (Korea Bizwire) — Harman International, a wholly owned automotive and audio subsidiary of Samsung Electronics Co., on Wednesday unveiled its new “automotive intelligence” technologies at CES 2025, aiming to deliver personalized in-cabin experiences through advanced intelligence and contextual awareness. “The automotive industry is rapidly transitioning to software-defined vehicles, with cars evolving [...]