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Korea Hosts Creativity Battle between Mozart and Artificial Intelligence

Korea Hosts Creativity Battle between Mozart and Artificial Intelligence

SUWON, Aug. 10 (Korea Bizwire) – Humans have given machines yet another opportunity to triumph over their creators, this time in music composition. Emily Howell, an AI program that creates its own musical compositions, is challenging the indisputable classical period genius Wolfgang Amadeus Mozart on Wednesday night at the Gyeonggi Arts Center.  During the night’s [...]

Virtual Reality Café to Open in Gangnam

Virtual Reality Café to Open in Gangnam

SEOUL, July 22 (Korea Bizwire) – The Korea Virtual Reality (VR) Industry Association announced on July 21 that a new virtual reality café named ‘VR Plus Show Room’ will open on July 22 in Seoul’s most urbane business and shopping district – Gangnam. In order to promote the VR industry, ‘VR Plus Show Room’ will offer [...]

Korean IoT Market to See 38% Annual Growth, Reach ₩17 Trillion by 2020

Korean IoT Market to See 38% Annual Growth, Reach ₩17 Trillion by 2020

SEOUL, July 13 (Korea Bizwire) – According to a Hyundai Research Institute report entitled ‘The Trend of Promising Industries Related to Internet of Things (IoT)’ revealed on July 12, the global IoT market is expected to swell from $300 billion in 2015 to $1 trillion by 2020, with 28.8 percent annual growth. For South Korea, experts foresee [...]

‘Old’ Software Developers Struggle to Find Work

‘Old’ Software Developers Struggle to Find Work

SEOUL, July 12 (Korea Bizwire) – A recent study conducted by the Korea Institute for Industrial Economics & Trade revealed that although software developers or software-related personnel tend to work high-intensity hours in their 20s and 30s, they often retire early and end up with almost no work thereafter.  These workers, referred to as ‘software [...]

S. Korea Seeks to Boost Cybersecurity Startups in U.S.

S. Korea Seeks to Boost Cybersecurity Startups in U.S.

SEOUL, June 14 (Korea Bizwire) – The South Korean government said Tuesday it has begun a full-fledged campaign to help local cybersecurity startups operate in the United States.  The Korea Innovation Center (KIC) in Washington D.C. has agreed to team up with the MACH37 Cyber Accelerator, a Virginia-based agency specializing in supporting the launch of [...]

‘Animation Hub’ Opens in Jeju for Partnership with China

‘Animation Hub’ Opens in Jeju for Partnership with China

SEOUL, May 19 (Korea Bizwire) – South Korea launched an international computer animation center on its southern resort island Thursday as part of efforts to expand its cultural presence in China and other Asian markets.  The Asia CGI Animation (ACA) Center, located on Seogwipo, Jeju Island, is expected to serve as a hub for cooperation [...]

Tech Giants Lock Horns over S. Korean Cloud Market

Tech Giants Lock Horns over S. Korean Cloud Market

SEOUL, May 2 (Korea Bizwire) — Tech giants from home and abroad are battling to garner a larger slice of the South Korean market for cloud computing solutions, industry watchers said Monday, as local demand for the services is expected to grow sharply down the road. The South Korean market for cloud computing solutions is [...]

Full-scale AI World to Be Available by 2020

Full-scale AI World to Be Available by 2020

SEOUL, April 27 (Korea Bizwire) – Key artificial intelligence (AI) technologies will be commercialized within the next decade mainly in the health, mobile payment, green energy and social learning sectors, a government panel here said Wednesday. AI-based services are expected to be born in earnest around in 2020 to offer cheaper health, legal and financial [...]