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State Utilities to Expand Drone Use for Facility Maintenance

State Utilities to Expand Drone Use for Facility Maintenance

SEOUL, Dec. 15 (Korea Bizwire) — South Korea’s state-run utilities companies will expand the use of drones in checking power stations and other facilities to improve efficiency and safety, the energy ministry said Friday. The Ministry of Trade, Industry and Energy announced the plan in a meeting of drone developers, state utility firms and research [...]

S. Korean Telecoms Bet on 5G, AI

S. Korean Telecoms Bet on 5G, AI

SEOUL, Dec. 11 (Korea Bizwire) — Major South Korean telecom companies are reshuffling their staff with a focus shift to more profitable and long-term projects such as 5G and AI. According to sources close to the mobile industry, SK Telecom has reorganized seven of its departments and prioritized units dealing with up-and-coming and next-generation services such [...]

Game Publishers See AI as Future

Game Publishers See AI as Future

SEOUL, Dec. 8 (Korea Bizwire) — South Korea’s three major game developers are expanding their workforces in artificial intelligence (AI) as they consider the technology as the future of the industry, company officials said Friday. The nation’s longtime online game giant Nexon Korea Co. said that it will expand a department dealing with core technologies [...]

Cheongju Trials Smart Commuter Bus for Nursery Schools

Cheongju Trials Smart Commuter Bus for Nursery Schools

CHEONGJU, Dec. 6 (Korea Bizwire) – The city of Cheongju is trialing smart commuter buses for nursery schools that keep parents informed of the location of their children and make sure that no passengers are left behind. The project was launched by the Cheongju city government after being commissioned by the Ministry of Science and ICT’s [...]

Samsung to Open First LED Theater in Europe

Samsung to Open First LED Theater in Europe

SEOUL, Nov. 30 (Korea Bizwire) – Samsung Electronics Co. said Thursday it will introduce the first LED theater solution in Europe that does not need projectors and improves resolution compared with traditional movie screens. The announcement comes some four months after the South Korean tech giant installed the first cinema LED screen at a major [...]

Samsung Takes over S. Korean AI Startup

Samsung Takes over S. Korean AI Startup

SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has acquired a local startup that specializes in artificial intelligence (AI), in an apparent bid to improve its voice recognition system, Bixby. This is the first time that Samsung has acquired a South Korean startup. The size of the deal remains confidential. Established [...]

LG Helps Former NASA Astronaut Experience Moon Landing with VR

LG Helps Former NASA Astronaut Experience Moon Landing with VR

SEOUL, Nov. 28 (Korea Bizwire) — LG Electronics Inc. said Tuesday it assisted a retired NASA astronaut who took part in the ill-fated Apollo 13 mission to experience landing on the moon with Google’s Daydream View VR headset. LG Electronics said it used the V30 smartphone and the Google headset to help the astronaut, Jim [...]

Samsung SDS Wins Contract for Seoul Blockchain Project

Samsung SDS Wins Contract for Seoul Blockchain Project

SEOUL, Nov. 27 (Korea Bizwire) – Samsung SDS announced on Sunday it has won a contract for the Seoul Metropolitan Government’s new information strategy planning project, which could see blockchain technology adopted throughout the local government’s network. Through the new project, the Seoul government will develop a new blockchain model which could be adopted in various [...]