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Cloud Services Let Consumers Down by Turning to Paid Services or Being Terminated

Cloud Services Let Consumers Down by Turning to Paid Services or Being Terminated

SEOUL, July 15 (Korea Bizwire) — Despite a steady increase in the usage rate for personal cloud services in South Korea, a variety of such services are making consumers uncomfortable by switching to paid services or being terminated, thereby limiting options for consumers. According to a report from the state-run Korea Information Society Development Institute, [...]

Samsung SDS Launches Service that Uses Blockchain Technology to Prevent Document Forgery

Samsung SDS Launches Service that Uses Blockchain Technology to Prevent Document Forgery

SEOUL, July 9 (Korea Bizwire) — Samsung SDS Co., an IT service unit of Samsung Group, has launched a web-based ‘paperless’ service that uses blockchain technology to prevent document forgery. Without the need for separate system setup, the service enables safe management of various documents, including contracts, consent agreements and certificates, through a connection with [...]

Naver Upgrades Web Content Filtering Technology

Naver Upgrades Web Content Filtering Technology

SEOUL, June 30 (Korea Bizwire) — South Korea’s leading internet portal operator Naver Corp. said Tuesday that it will roll out the upgraded version of its artificial intelligence (AI) image monitoring technology ‘X-eye’ from July. X-eye refers to proprietary technology that prevents obscene materials from being exposed in search results by monitoring them on a [...]

Naver Invests in 70 Startups Under its Accelerator Scheme, Their Value Estimated at 1.3 tln Won

Naver Invests in 70 Startups Under its Accelerator Scheme, Their Value Estimated at 1.3 tln Won

SEOUL, June 8 (Korea Bizwire) — South Korea’s top internet portal operator, Naver Corp., said Tuesday that it has invested 40 billion won (US$36 million) in a total of 70 startups — mostly early-stage tech firms under its accelerator scheme that started in 2015. The investment was made over the past six years since the [...]

Samsung Unveils New Enterprise SSD with Advanced Data Management Tech

Samsung Unveils New Enterprise SSD with Advanced Data Management Tech

SEOUL, June 2 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip supplier, on Wednesday unveiled its new enterprise solid state drive (SSD) leveraging advanced data management technology that offers a longer lifespan. The South Korean tech giant said its new enterprise SSD, the PM1731a, features a Zoned Namespace (ZNS) solution that maximizes [...]