SEOUL, Nov.27 (Korea Bizwire) – Small ideas that have the power to change an individual’s everyday life were presented at the ‘Creative Economy Expo’ held at COEX, on November 26. Featured products included 3D printers that only cost 290,000 won, fermented brown rice that includes lactic acid bacteria, and ‘Car-Talk’, which offers drivers of nearby [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Wednesday its virtual reality (VR) device sold out in one day after the debut on its home turf with its relatively cheap price wooing customers. The initial number of 2,000 Samsung Gear VR devices has been sold out, it said. The [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korea’s science and industry ministries said Wednesday they will spend 127 billion won (US$110.7 million) on boosting the wearable device industry through 2020 as part of efforts to secure new growth engines for the country. Under the plan, the Ministry of Science, ICT, and Future Planning, and the [...]
SEOUL, Nov. 11 (Korea Bizwire) – Samsung Electronics Co. and LG Electronics Inc., South Korea’s top two tech firms, said Wednesday that they have garnered international awards for some of their latest home appliances, mobile devices and memory chips. Samsung won the Best of Innovation award for a total of 38 products, including the most [...]
SEOUL, Nov. 8 (Korea Bizwire) — The number of South Korean subscribers to Internet of Things (IoT) networks has exceeded the 4 million mark, buoyed by a jump in wearable device users, government data showed Sunday. As of end-September, the number of IoT subscribers reached 4.08 million, compared with 3.96 million two months earlier, according [...]
SEOUL, Oct. 28 (Korea Bizwire) — Dozens of Korean cultural properties preserved outside South Korea will be displayed in the form of 3-D videos in Seoul starting Wednesday, the cultural agency said. The exhibit at the National Palace Museum of Korea running until Dec. 27 has recreated 20 cultural properties in the virtual format, the [...]
SEOUL, Oct. 26 (Korea Bizwire) – LG U+ has announced that two American TV series from NBC Universal, which it recently started showing in Korea, have already exceeded 1.5 million views in one month. LG U+ started to provide its viewers with ‘Heroes Season 5: Reborn’ and ’12 Monkeys’ in mid-September. NBC Universal is a [...]
SEOUL, Oct. 26 (Korea Bizwire) – South Korea’s No. 3 mobile carrier LG Uplus Corp. said Monday it has rolled out pet-care devices equipped with Internet-of-Things (IoT) technology, allowing owners to feed their animals from long distance. The company said its Pet Station can provide meals to pets at pre-set times, allowing owners to leave [...]
SEOUL, Oct. 20 (Korea Bizwire) – Samsung SDI Co. and LG Chem Co., South Korea’s two major battery makers, are expanding their product portfolios into flexible cells for wearable devices, a move seen to meet increasing global demand for bendable gadgets such as smartwatches. The two battery-making units of Samsung Group and LG Group said [...]
SEJONG, Oct. 19 (Korea Bizwire) — South Korea’s government said Monday that it will join forces with Samsung Electronics Co. to develop precision manufacturing robots that could open new horizons for the local manufacturing sector. The plan calls for 16.75 billion won (US$14.8 million) worth of taxpayers’ money to be invested in the next three [...]