SEOUL, March 28 (Korea Bizwire) – South Korea’s two tech giants — SK Telecom Co. and Samsung Electronics Co. – will team up with a local city government to construct an Internet of Things (IoT) trial town, officials said Monday. They plan to install the IoT infrastructure across Daegu, 300 kilometers southeast of Seoul, to be designated [...]
SEOUL, March 24 (Korea Bizwire) – Lotte HiMart announced it will be selling the ‘Phantom 4’, a drone produced by DJI, in a first for a large domestic retailer. DJI, the No.1 global drone manufacturer with a share of more than 70 percent of the international private drone market, launched the Phantom 4 at the beginning of [...]
SEOUL, March 22 (Korea Bizwire) – A team of South Korean scientists announced Tuesday that they have developed a wearable device, based on nanotechnology, for more convenient diabetes monitoring and therapy. The graphene-using “smart patch” has improved the accuracy of blood sugar level measurements as it checks not only glucose in sweat but also temperature [...]
SEOUL, March 22 (Korea Bizwire) – SK Telecom announced plans to expand its ‘Smart Home’ offerings by providing consumers with more opportunities to experience the company’s home Internet of Things (IoT) services. The company announced that it will start selling five different Smart Home connection gadgets including plugs, switches, sensors, gas circuit breakers and bridges (devices [...]
SEOUL, Mar. 21 (Korea Bizwire) — South Korean tech giant LG Electronics Ltd. said Sunday it has signed a deal with Bang & Olufsen to supply high-end televisions to the Danish maker of premium hi-fi systems. Under the agreement, LG Electronics will supply organic light-emitting diode (OLED) televisions to the Danish company for five years [...]
SEOUL, March 16 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. said Wednesday it will establish a nationwide network of the Internet-of-Things (IoT) by the end of this year and bolster its related business as the segment has emerged as a new growth engine for the telecom industry. SK Telecom said it will utilize [...]
SEOUL, March 15 (Korea Bizwire) – Refrigerators with the freezer on the bottom and refrigerator on top – also known as ‘European style’ – are becoming popular in the Korean market due to the increase in single or two-person households, and strong demand for premium products. According to industry analysts, sales of European-styled refrigerators manufactured [...]
SEOUL, March 14 (Korea Bizwire) – Internet connection is working deeper into everyday lives as more home gadgets, small and big, become controllable by smartphones under an industry-wide advance of the Internet of Things (IoT), business watchers said Monday. The latest air purifier marketed in October last year by Coway regularly measures indoor air quality [...]
SEOUL, March 11 (Korea Bizwire) – China’s drone manufacturer DJI will open its first overseas store in South Korea this weekend, a business move that targets one of the most active markets for contents provided by the aerial device. The five-story DJI Flagship Store in western Seoul, opened to the press on Friday in an [...]
SEOUL, March 9 (Korea Bizwire) – LG Display Co. plans to supply advanced organic light-emitting diode (OLED) displays to Mercedes-Benz, industry sources said Wednesday, marking the first time for a carmaker to adopt the advanced screen. The South Korean display maker said it will supply the 12.3-inch P-OLED display to the New E-Class produced by the German carmaker. [...]