DAEJEON, Sept.12 (Korea Bizwire) – PC sales have continued to plummet, with major tech corporations like Intel announcing layoffs (a planned 12,000 by 2017). Desktop and laptop computers are increasingly being replaced by more portable but equally functional smartphones and tablets. Despite the trend however, Korea continues to generate a constant supply of patent applications [...]
BERLIN, Sept. 1 (Korea Bizwire) – Samsung Electronics Co. unveiled two new smartwatches which feature a mobile payment function, longer battery life and built-in GPS capabilities for emergency calls or texts. The Gear S3 Frontier and S3 Classic were made public in Berlin on Wednesday ahead of this week’s IFA trade fair, one of the [...]
SEOUL, Aug. 24 (Korea Bizwire) – Samsung Display Co. said Wednesday that it has formed an alliance with its sister company Samsung Electronics, and Chinese TV and panel manufacturers to further cooperate on expanding the curved panel industry. The agreement was made at a forum held by Samsung Display and the Congressional-Executive Commission on China [...]
SEOUL, Aug. 16 (Korea Bizwire) – South Korean tech giant Samsung Electronics Co. on Tuesday said it will showcase its new high-end smartwatch, the Gear S3, in Germany later this month. The showcase event will take place on Aug. 31 in Berlin, just ahead of the Internal Funkausstellung (IFA) tech fair, and will be streamed [...]
SEOUL, July 22 (Korea Bizwire) – The Korea Virtual Reality (VR) Industry Association announced on July 21 that a new virtual reality café named ‘VR Plus Show Room’ will open on July 22 in Seoul’s most urbane business and shopping district – Gangnam. In order to promote the VR industry, ‘VR Plus Show Room’ will offer [...]
SEOUL, July 21 (Korea Bizwire) – Only one out of ten adults in Korea makes do without a smartphone these days. Based on market research from Gallup Korea, the penetration rate of smartphones in Korea has reached 89 percent. Starting with the iPhone 3Gs in November 2009, the first smartphone launched in Korea, the percentage of [...]
SEJONG, July 21 (Korea Bizwire) – The government said Thursday that it will draw up a 3D map to provide safe roads for drones, in line with the effort to boost the fledgling industry. The Ministry of Land, Infrastructure and Transport said it selected a civilian subcontractor that will provide detailed aerial data for the [...]
SEOUL, July 19 (Korea Bizwire) — Many companies within the home appliances industry are expanding their product lines to include more kitchen appliances, as family activities and lifestyle patterns have evolved to take place more in the kitchen rather than in the living room. According to an industry official, the kitchen has transformed to become [...]
SEOUL, Jul. 19 (Korea Bizwire) — Samsung Electronics’ mergers and acquisitions over the past 10 years indicate the tech mogul is betting its business on cloud and business-to-business services, corporate watchers said Tuesday. Samsung pushed through 22 M&As since 2007, including Canada’s digital ad startup AdGear in May and U.S. cloud computing firm Joyent in [...]
GANGNEUNG, July 18 (Korea Bizwire) – From leisure activities to military or industrial purposes, drones have lately become part of everyday life for many people. For the first time in the country, lifesaving drones will be flying over Gyeongpo Beach on Korea’s eastern coast as part of a pilot project. The city of Gangneung announced that [...]