SEOUL, March 7 (Korea Bizwire) – Using wearable devices during surgical operations is not yet a popular practice among South Korean doctors, but a team of local neurosurgeons recently proved the practicality of these devices in real-life operations, suggesting that they may possibly replace existing medical equipment in the near future. The team, led by [...]
SEOUL, March 6 (Korea Bizwire) – Lockable refrigerators and special laundry cycles for local costumes, some of the unconventional product ideas tried by South Korea’s Dongbu Daewoo Electronics, have helped the company become a major hit in the Middle East, the firm’s officials said Sunday. The fridges with locks, launched in 1998, have sold 2 [...]
SEOUL, March 6 (Korea Bizwire) – South Korea will soon come up with measures to promote its leadership in the global market for drones, the government said Monday, also announcing plans to host a conference toward that end. The one-day conference on drones will be held Friday in Seoul, involving hundreds of government officials and [...]
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 [...]
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 [...]
SEOUL, Feb. 9 (Korea Bizwire) – Samsung Electronics Co. emerged as the leader in the global virtual reality (VR) market in 2016, accounting for more than 70 percent of 6.3 million VR devices shipped worldwide, a report showed Thursday. The South Korean tech giant sold about 4.51 million units last year, or 71.6 percent of [...]
SEOUL, Feb. 7 (Korea Bizwire) – A new printer hack that was reported on in the U.S. last week has also reached South Korea. EST Security, a local web security firm, said Monday that it was aware of multiple instances of customers reporting that their devices printed messages saying “your printer has been owned,” and [...]
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 [...]
SEOUL, Jan. 31 (Korea Bizwire) – LG Electronics Inc. was more profitable than Samsung Electronics Co. in the home appliance business in 2016 despite a gap in their overall revenue, industry data showed Tuesday. LG’s home entertainment, home appliance and air solution divisions chalked up an operating profit of 2.57 trillion won (US$2.19 billion) on [...]
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 [...]