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Korea’s ICT Sector Shows Off Highest Value Added Portion among OECD Nations

Korea’s ICT Sector Shows Off Highest Value Added Portion among OECD Nations

SEOUL, Aug. 11 (Korea Bizwire) – South Korea’s information and communications technology (ICT) sector has the largest portion of the value added against other segments among the Organization for Economic Cooperation and Development (OECD) members, thanks to its strength in electronics and optical productions, a report showed Tuesday. Asia’s fourth-largest economy came first with the value [...]

VR Scenes from ‘Iron Man’ Soon to Become Reality

VR Scenes from ‘Iron Man’ Soon to Become Reality

Seoul, July 23 (Korea Bizwire) – A conference gauging the progress of augmented reality (AR) and virtual reality (VR) technologies, which are receiving attention as the multimedia services of the future, was held on July 22. SK Telecom hosted a forum to discuss the present and future of immersive multimedia services such as augmented reality and virtual reality. [...]

Korea’s Open Government Data Index Highest among OECD Countries

Korea’s Open Government Data Index Highest among OECD Countries

SEOUL, Jul. 7 (Korea Bizwire) — The Korean government’s open data index ranks first among OECD countries, according to the OECD’s ‘Government at a Glance 2015’ report published on July 6. The OECD report’s open government data section for 2015 is the first of its kind in the biennial report, and it shows the availability, [...]

SK C&C to “Grow World Top-tier ICT Firm through Merger with SK Holdings”

SK C&C to “Grow World Top-tier ICT Firm through Merger with SK Holdings”

“Currently, Korea’s IT market is stagnant and multiple players are sharing the limited market. We, SK C&C, will restructure the ICT industry ecosystem through M&As among domestic players or international cooperation, and will lead the change in business environment.” “If we integrate ICT convergence technologies into Korea’s advanced ICT services in other industries, we can [...]

SK C&C Aims to Turn Gwangju Universiade into “IT Festival”

SK C&C Aims to Turn Gwangju Universiade into “IT Festival”

“Based on the Total Integration Management System (TIMS), we will make Gwangju Summer Universiade an “IT Festival” so that people can enjoy the sports festival anytime and anywhere in the world.“ “Gwangju Universiade, which will be managed by cutting-edge IT technologies, will bring much joy to spectators and peace of mind to athletes enabling them [...]

Korean Government and Companies to Use Official Comment Channel for Online News Articles

Korean Government and Companies to Use Official Comment Channel for Online News Articles

SEOUL, Jun. 23 (Korea Bizwire) — Web portal operator Daum Kakao is set to introduce a service which enables the government, companies and the press to write comments for online news articles through official commenting channels specially dedicated to them. Named ‘Official Comments,’ the service will start in the third quarter of the year, after [...]

Samsung to Widen Gap with Rivals on Global SSD Market

Samsung to Widen Gap with Rivals on Global SSD Market

SEOUL, June 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics is expected to further cement its lead in the global solid state drive (SSD) market this year, far outstripping Intel and other rivals, industry data showed Sunday. Samsung’s revenue from the segment will likely reach US$4.57 billion this year, grabbing 35 percent of the world [...]

S. Korea to Donate Funds to ICT Education in Africa

S. Korea to Donate Funds to ICT Education in Africa

INCHEON, May 21 (Korea Bizwire) — South Korea Thursday committed millions of dollars to equip classrooms in three African countries with information technology. Education Minister Hwang Woo-yea signed a memorandum of understanding (MOU) with Irina Bokova, secretary-general of the United Nations Educational, Scientific and Cultural Organization (UNESCO), stating that South Korea would contribute US$6 million [...]

Samsung, Apple Lose Ground in Tablet Market, Dented by Chinese Rivals

Samsung, Apple Lose Ground in Tablet Market, Dented by Chinese Rivals

SEOUL, May 18 (Korea Bizwire) – Major electronics brands Apple and Samsung saw their shares in the global tablet PC market plunge in the first quarter of 2015, data showed Monday, dented by the rise of Chinese companies tapping deeper into the “white box” segment. U.S. tech giant Apple accounted for 24.3 percent of the global [...]