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S. Korea to Invest 500 Bln Won to Foster Drone Industry in next 3 Yrs

S. Korea to Invest 500 Bln Won to Foster Drone Industry in next 3 Yrs

SEJONG, Dec. 6 (Korea Bizwire) – South Korea will spend a total of 500 billion won (US$428 million) in the coming three years to foster the rapidly growing drone industry as a new growth engine for Asia’s fourth-largest economy, the trade ministry here said Tuesday.  “The drone technology generates massive ripple effects on conventional industries, [...]

Samsung Sells 25,000 Gear S3 Smartwatches in 10 Days in S. Korea

Samsung Sells 25,000 Gear S3 Smartwatches in 10 Days in S. Korea

SEOUL, Nov. 21 (Korea Bizwire) – Samsung Electronics Co. said Monday it has sold more than 25,000 Gear S3 smartwatches in South Korea since it began selling the smartwatches at home on Nov. 11.  Samsung unveiled the Gear S3 Frontier and S3 Classic in September, featuring a mobile payment function, longer battery life and built-in [...]

S. Korea to Expand Use of Drones to Delivery, Life-Saving Missions

S. Korea to Expand Use of Drones to Delivery, Life-Saving Missions

SEOUL, Nov. 17 (Korea Bizwire) – South Korean firefighters may soon start using drones in their search and rescue missions, while remote controlled drones may also help save lives by airlifting much needed medicine and other emergency supplies to people in areas often stranded by seasonal floods or heavy snowfall, the government said Thursday.  One [...]

Patents for Personal Transport Grow with More Koreans “Riding Solo”

Patents for Personal Transport Grow with More Koreans “Riding Solo”

DAEJEON, Nov. 16 (Korea Bizwire) – Personal transport gadgets have grown increasingly popular in Korea in recent years, with more people riding devices like electric kick scooters or “wheels” either as a means of transportation or simply for recreational purposes.  These electric machines grant mobility unachievable by conventional vehicles, and are easy to carry around, [...]

Korean Startup Presents DIY Internet of Things

Korean Startup Presents DIY Internet of Things

SEOUL, Nov. 7 (Korea Bizwire) – The latest product by Korean startup Luxrobo brings IoT to a whole new level.  Unlike most IoT devices that come as a single complete product (i.e. robot vacuum), Luxrobo’s “MODI” allows users to turn electronics or household appliances of their choosing into IoT devices, using technology that the company [...]

Government Operating Chinese Drones Despite Promises to Nurture Domestic Industry

Government Operating Chinese Drones Despite Promises to Nurture Domestic Industry

SEOUL, Sept. 28 (Korea Bizwire) – The Ministry of Land, Infrastructure and Transport (MOLIT) faced embarrassment during a parliamentary audit Tuesday when a report revealed that a large number of drones under its possession were from Chinese manufacturers.  The MOLIT is among the government departments responsible for nurturing the domestic drone industry.  According to MOLIT [...]

Korean Presidential Residence Vulnerable to Drone Attacks

Korean Presidential Residence Vulnerable to Drone Attacks

SEOUL, Sept. 26 (Korea Bizwire) – Recent military data has shown that with the increasing popularity of drones, their presence in the no-fly zone (P73A) covering Cheong Wa Dae is now threatening the security of one of Korea’s most important government facilities. Cheong Wa Dae (the Blue House), the equivalent of the White House in the [...]

Samsung’s New Smartwatch Features Mobile Payment, GPS

Samsung’s New Smartwatch Features Mobile Payment, GPS

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 [...]

Drones Partake in Lifesaving Operation

Drones Partake in Lifesaving Operation

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 [...]