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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 [...]

LG to Unveil World’s Highest Resolution Gaming Monitors at CES

LG to Unveil World’s Highest Resolution Gaming Monitors at CES

SEOUL, Dec. 31 (Korea Bizwire) — LG Electronics is set to strengthen its leadership in the premium gaming market with the introduction of groundbreaking OLED gaming monitors at CES 2025, the world’s largest consumer electronics and IT exhibition, in Las Vegas early next month. The company announced on December 30 that it will showcase two 45-inch [...]

South Korea’s Venture Firms Now Rank Third in National Sales, Surpassing SK and LG

South Korea’s Venture Firms Now Rank Third in National Sales, Surpassing SK and LG

SEOUL, Dec. 26 (Korea Bizwire) – South Korean venture companies collectively achieved over 240 trillion won ($165 billion) in sales last year, ranking third among the nation’s top corporate groups, according to data released on December 25 by the Ministry of SMEs and Startups. This places them behind only Samsung Group (295 trillion won) and [...]

Hyundai AutoEver, MapmyIndia Establish Navigation Map Joint Venture in Indonesia

Hyundai AutoEver, MapmyIndia Establish Navigation Map Joint Venture in Indonesia

SEOUL, Dec. 16 (Korea Bizwire) – Hyundai AutoEver Corp., the information technology affiliate of Hyundai Motor Group, said Monday it has established a joint venture in Indonesia to develop navigation maps for the Southeast Asian country and many others in the region. The new firm, named Terra Link Technologies, has been jointly established with India’s [...]

Hyundai Motor to Join Hands with Google to Advance Software Capabilities for Future Mobility

Hyundai Motor to Join Hands with Google to Advance Software Capabilities for Future Mobility

SEOUL, Dec. 12 (Korea Bizwire) — South Korean auto giant Hyundai Motor Group said Thursday it will join hands with Google to strengthen its automotive software system and deliver next-generation navigation and infotainment experiences for drivers. Under the partnership, Hyundai Motor will adopt Google’s Android Automotive Operating System (AAOS) and use Google Maps’ geolocation information [...]

S. Korea to Promote Exports of Cooling Equipment for Data Centers amid AI Boom

S. Korea to Promote Exports of Cooling Equipment for Data Centers amid AI Boom

SEOUL, Dec. 2 (Korea Bizwire) — South Korea’s industry minister said Monday that the country plans to foster cooling equipment for data centers as one of its new export engines amid the growing demand for infrastructure to support the artificial intelligence (AI) boom. Industry Minister Ahn Duk-geun made the remark during his visit to LG [...]

S. Korea to Promote Industrial Use of Quantum Computing

S. Korea to Promote Industrial Use of Quantum Computing

SEOUL, Nov. 29 (Korea Bizwire) — South Korea’s industry ministry on Friday hosted a session to discuss strategies for applying quantum computing technologies in industries, including biohealth, chemical and materials. The event at Yonsei University, attended by government, business and academic officials, came as the government aims to offer tailored support for the initiative, according [...]

Naver to Launch Joint Venture in Saudi Arabia for Digital Twin Projects

Naver to Launch Joint Venture in Saudi Arabia for Digital Twin Projects

SEOUL, Nov. 18 (Korea Bizwire) — South Korean tech giant Naver Corp. said Monday it will establish a joint venture with Saudi Arabia’s state housing company to collaborate for digital twin platform projects in the Middle East. Naver and Saudi Arabia’s National Housing Company signed a memorandum of understanding for the establishment of the joint [...]

LG Electronics Showcases Advanced Traffic Safety Technology at Berlin Mobility Conference

LG Electronics Showcases Advanced Traffic Safety Technology at Berlin Mobility Conference

SEOUL, Oct. 27 (Korea Bizwire) – LG Electronics demonstrated its proprietary Soft V2X traffic safety solution at the 5G Automotive Association (5GAA) conference in Berlin from October 21-24, showcasing technology aimed at advancing future mobility solutions. The company, a founding member of 5GAA alongside industry leaders like Mercedes-Benz, BMW, General Motors, Vodafone, Deutsche Telekom, Commsignia, and [...]