SEOUL, Nov.30 (Korea Bizwire) – Riot Games, famous for developing and distributing the online game ‘League of Legends’ (L.O.L) announced that it is digitally recording ‘Seowon’, the traditional Korean lecture halls that also served as memorial halls for Confucianist services to honor distinguished scholars and statesmen, in 3D. The project is one of the endeavors [...]
SEOUL, Nov.27 (Korea Bizwire) – Small ideas that have the power to change an individual’s everyday life were presented at the ‘Creative Economy Expo’ held at COEX, on November 26. Featured products included 3D printers that only cost 290,000 won, fermented brown rice that includes lactic acid bacteria, and ‘Car-Talk’, which offers drivers of nearby [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday it seeks to nurture the local cloud computing industry, a new revenue source for the local tech firms. Under the vision, the size of the South Korean market for cloud computing will grow four-fold to 2 trillion won(US$1.78 billion) by 2018 from the [...]
SEOUL, Oct. 30 (Korea Bizwire) — Eric Schmidt, executive chairman of Alphabet Inc., the holding company of Google Inc., said Friday that flexible regulations will help South Korea amid the protracted economic slowdown. “I know that your country is seeing an economic slowdown. My recommendation would be to adopt more flexible regulations to unleash the [...]
SEOUL, Oct. 15 (Korea Bizwire) – IBM has announced that it will concentrate on Internet-of-Things (IoT) businesses in the B2B (business to business) sector, and strengthen cooperation with Korea. At an IoT strategy briefing, Jack Desjardins, who is the vice-president at IBM in charge of the global business development of IoT, talked about possibilities in [...]
SEJONG, Oct. 15 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. will work with the Inter-American Development Bank (IDB) to provide educational robots to Costa Rica, the government said Thursday. The Ministry of Trade, Industry and Energy said under the US$2.4 million deal reached in Washington, SK Telecom will provide 1,500 robots [...]
SEOUL, Oct. 7 (Korea Bizwire) — Another hacker suspected of orchestrating a cyberattack on a major South Korean securities firm has been indicted on charges of disrupting the company’s computer network, prosecutors said Wednesday. The Seoul Central District Prosecutors’ Office said the 39-year-old man, identified only by his surname Lee, is suspected of launching a [...]
SEOUL, Aug. 28 (Korea Bizwire) -- The future is here. While window shopping, customers can get information about a product displayed on the other side of a transparent OLED “window”. Customers can also try on outfits through virtual reality, and see how they would look from all directions. Samsung Electronics will reveal new products using [...]
SEOUL, Aug. 27 (Korea Bizwire) – Microsoft turns out to exert overwhelming influence in the PC browsing and OS(Operating System) market in Korea. According to a research, Microsoft was far ahead in the domestic PC web browser market, while Google and Apple secured their place in the mobile operating system (OS) market. The research titled “Internet [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea’s No. 2 mobile carrier KT Corp. on Thursday unveiled what it claims is the industry’s first IPTV set top box-embedded PC allowing users to reduce space and enjoy various multimedia contents. Developed under collaboration with local tech firm LG Electronics Inc., the device allows users to switch [...]