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Patents for Exosuits On the Rise

Patents for Exosuits On the Rise

DAEJEON, Oct. 23 (Korea Bizwire) – The number of patent applications filed for powered exoskeletons, also known as exosuits, are increasing steadily in South Korea, as the economy shifts towards the so-called Fourth Industrial Revolution. Reports of an increasing number of patent applications for exosuits come with emphasis being placed on the field of robotics, one [...]

Naver Unleashes Line Friends AI Speakers Promotion in Bid to Win Nascent AI Speaker Market

Naver Unleashes Line Friends AI Speakers Promotion in Bid to Win Nascent AI Speaker Market

SEOUL, Oct. 17 (Korea Bizwire) – South Korean search engine leader Naver announced today that its AI speakers will become available for purchase on its music service website starting October 26. The special promotional deal will offer the capsule-shaped, Brown and Sally-inspired (popular emoji characters from Naver’s messaging service Line) AI speaker with a one-year [...]

AI Speaker Wars, Round 1: Kakao Mini and Naver Wave Fly Off the Shelves

AI Speaker Wars, Round 1: Kakao Mini and Naver Wave Fly Off the Shelves

SEOUL, Sept. 19 (Korea Bizwire) – There are no losers, only winners, in the first round of the AI speaker confrontation between Kakao and Naver, as pre-sales of each tech company’s flagship product were effectively over minutes after they began.  Pre-sales of the Kakao Mini started on September 18 and lasted only 38 minutes. The [...]

Despite Highest Rate of Industrial Robots Per Worker, South Korea Lags Behind in Robotics

Despite Highest Rate of Industrial Robots Per Worker, South Korea Lags Behind in Robotics

SEOUL, Aug. 21 (Korea Bizwire) – Despite boasting the highest number of industrial robots per worker, South Korea is lagging far behind the U.S., Europe and Japan when it comes to technology in robot manufacturing, according to a new report. The report on the global robotics industry released by the Bank of Korea on Sunday says [...]

Samsung to Live-stream Concert of Coldplay via VR Device

Samsung to Live-stream Concert of Coldplay via VR Device

SEOUL, Aug. 10 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will live-stream a concert of British rock band Coldplay slated for later this month through its virtual-reality device, the Gear VR. The South Korean tech giant said users of the Gear VR in around 50 countries will be able to enjoy the concert [...]

Busan to Invest 11 Billion Won to Develop Wearable Robots for the Elderly

Busan to Invest 11 Billion Won to Develop Wearable Robots for the Elderly

BUSAN, Aug. 9 (Korea Bizwire) — The Busan Metropolitan Government has announced plans to invest almost 12 billion won into developing wearable robots for the elderly over the next four years. Busan’s project dubbed ‘soft wearable suit technology development venture’ was recently picked up by the Ministry of Science, ICT and Future Planning (MSIP), as [...]

Government to Invest Over 1.2 Trillion Won in Drone Industry

Government to Invest Over 1.2 Trillion Won in Drone Industry

SEOUL, Jul. 19 (Korea Bizwire) — The South Korean government has announced plans to invest 1.2 trillion won in the country’s drone industry over the next five years, funds that will be used to help develop drone technology and build infrastructure such as drone highways and test sites, in an effort keep up with other competing [...]