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Korean ICT Firms to Show Off New Technology at PyeongChang 2018

Korean ICT Firms to Show Off New Technology at PyeongChang 2018

GANGNEUNG, South Korea, Feb. 20 (Korea Bizwire) – With less than a year left before the PyeongChang 2018 Winter Olympics, officials have unveiled a handful of cutting-edge ICT (information and communications technology) innovations that will be implemented at the games.  KT Corp. the official telecommunications partner for the Olympic games, introduced an augmented reality navigation [...]

S. Korea to Deregulate AI, VR, Fintech Sectors

S. Korea to Deregulate AI, VR, Fintech Sectors

SEOUL, Feb. 16 (Korea Bizwire) – South Korea announced plans Thursday to ease regulations on three industries — artificial intelligence (AI), virtual reality (VR) and financial technology, or fintech — as part of the government’s aggressive deregulation drive to find a new growth engine.  The Ministry of Science, ICT and Future Planning reported a set [...]

Government Tightens Battery Inspection Regulations Following Galaxy Note 7 Probe

Government Tightens Battery Inspection Regulations Following Galaxy Note 7 Probe

SEJONG, Feb. 6 (Korea Bizwire) – Announcing the results of an investigation into the Galaxy Note 7 fiasco Monday – which backed Samsung’s ruling that the problem phones had faulty batteries – the government also introduced plans to improve safety measures to prevent similar catastrophes from recurring.  To begin with, lithium-ion batteries will be subject [...]

Samsung and LG Set the Tone in Home Appliance Color Trend

Samsung and LG Set the Tone in Home Appliance Color Trend

SEOUL, Jan. 30 (Korea Bizwire) – A shift in color trends for home appliances is playing out as the consumer electronics industry rushes to introduce increasingly dark toned products in the market. According to industry watchers, Korean tech giants Samsung and LG are launching new refrigerator and washing machines in black or metallic hues. Samsung [...]

More Patents for Protecting the Elderly

More Patents for Protecting the Elderly

DAEJEON, Jan. 24 (Korea Bizwire) – An increasing number of technology patents that might help guarantee health and safety improvements for single-person elderly households are being introduced.  According to the Korea Intellectual Property Office, the average annual number of such patents in the past five years (2012 – 2016) was 153, more than twice the [...]

Telecom Big Three Battle over AI Personal Assistants

Telecom Big Three Battle over AI Personal Assistants

SEOUL, Jan. 18 (Korea Bizwire) – Korea’s big three telecommunication companies – SK Telecom, KT Corp., and LG Uplus – are set to wage battle over the next big thing in the tech industry – artificial intelligence.  SK Telecom began its AI endeavor with NUGU, an AI speaker that connects with smartphones to carry out [...]

Sale of SK Telecom’s AI Devices Topped 40,000: Watchers

Sale of SK Telecom’s AI Devices Topped 40,000: Watchers

SEOUL, Jan. 16 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. sold more than 40,000 units of its Artificial Intelligence (AI) home assistant service in four months, market watchers said Monday.  The service, called NUGU, which means “who” in Korean, is the advanced voice recognition butler service that allows users to control [...]

S. Korea Brings Latest Technologies to CES

S. Korea Brings Latest Technologies to CES

SEOUL, Jan. 6 (Korea Bizwire) – South Korea will showcase a wide range of advanced technologies and products at the Consumer Electronics Show (CES) in Las Vegas, providing their Korean developers a chance to introduce their products to the rest of the world, a trade agency said Friday.  The state-run Korea Trade-Investment Promotion Agency (KOTRA) [...]