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Amazon Stands as No. 1 Player in Local Cloud Computing Market in 2021

Amazon Stands as No. 1 Player in Local Cloud Computing Market in 2021

SEOUL, Dec. 28 (Korea Bizwire) — U.S.-based Amazon Web Services (AWS) remained the leading player in the South Korean market forcloud computing serviceslast year, the country’s antitrust regulator said Wednesday. AWS accounted for 62.1 percent of the local cloud service market in 2021, down from 70 percent tallied in 2020, according to the data compiled [...]

Interior Ministry Holds Demonstration for Indoor Navigation System

Interior Ministry Holds Demonstration for Indoor Navigation System

SEOUL, Dec. 7 (Korea Bizwire) — The Ministry of Interior and Safety on Thursday held a demonstration event at Shinsegae Department Store in Daejeon for an indoor navigation system capable of locating destinations within a complex building structure. The project for indoor navigation of complex building structures has been led by a research team from [...]

Local Businesses Join Hands to Create Connected Car Ecosystem

Local Businesses Join Hands to Create Connected Car Ecosystem

SEOUL, Nov. 25 (Korea Bizwire) — A variety of South Korean businesses, including those specializing in automobiles, self-driving technology, semiconductors for automobiles, and telecommunications software will unite forces to create a connected car ecosystem. The Ministry of Trade, Industry and Energy announced that it hosted an inauguration ceremony for the Connected Car Alliance in Yeouido, [...]

Naver Expresses Intention to Participate in Saudi’s Neom Project

Naver Expresses Intention to Participate in Saudi’s Neom Project

SEOUL, Nov. 23 (Korea Bizwire) — South Korean internet portal giant Naver Corp. on Wednesday expressed its intention to participate in Saudi Arabia’s lucrative Neom smart city project with its up-to-date digital twin technology. “Neom city is a future project to create a fully smart city based on many high-end technologies,” said Kang Sang-chul of [...]