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Speculation Grows Over Galaxy S8’s Nickname After New LG Phone Dubbed “Impeachment Phone”

Speculation Grows Over Galaxy S8’s Nickname After New LG Phone Dubbed “Impeachment Phone”

SEOUL, March 29 (Korea Bizwire) – Heated discussions are taking place online over a nickname for Samsung’s much anticipated new Galaxy S8 prior to its release, after LG’s new G6 smartphone had the misfortune of being dubbed the “impeachment phone” due to its release coinciding with the day former president Park Geun-hye was removed from office. [...]

South Korean City Begins Sales of “Drone Soccer Balls”

South Korean City Begins Sales of “Drone Soccer Balls”

JEONJU, South Korea, March 29 (Korea Bizwire) – Making further progress to market its ambitious fusion sport, the South Korean city of Jeonju will begin sales of “drone soccer balls” starting in April.  The idea was first announced in September of last year when city officials said they would present a new sport dubbed ‘drone [...]

S. Korea to Train 1,700 Drone Operators Annually to Meet Demand

S. Korea to Train 1,700 Drone Operators Annually to Meet Demand

SEOUL, March 21 (Korea Bizwire) – South Korea is planning to train 1,700 drone operators a year to meet growing demand in the commercial drone industry, the transport ministry said Tuesday.  The country will add four official centers aimed at training drone operators this month, bringing the total to 11, the Ministry of Land, Infrastructure [...]

LG’s G6 Sells over 30,000 in S. Korea in Just 2 Days

LG’s G6 Sells over 30,000 in S. Korea in Just 2 Days

SEOUL, March 12 (Korea Bizwire) – LG Electronics Inc. said Sunday that its latest high-end smartphone, the G6, has sold over 30,000 units in just two days since its debut here, heralding better-than-expected sales down the road. LG Electronics began selling the G6 in South Korea on Friday, as it seeks to revive its money-losing [...]

Drones to Watch Over Unruly Drivers on Korean Motorways

Drones to Watch Over Unruly Drivers on Korean Motorways

SEOUL, March 9 (Korea Bizwire) – Starting March 11, the Korean National Police Agency is deploying drones on South Korea’s key highways to curb traffic violations including DUI, reckless or revenge driving, and other “selfish” driving routines such as driving on the shoulder.  The new initiative is a part of the agency’s special crackdown operation [...]

Seoul to Announce Plans for Global Leadership in Drone Industry

Seoul to Announce Plans for Global Leadership in Drone Industry

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 [...]

S. Korea to Deregulate AI, VR, Fintech Sectors

S. Korea to Deregulate AI, VR, Fintech Sectors

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 [...]

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 [...]