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AI Speaker Manufacturers Vie to Secure Local Users to Boost Competitiveness

AI Speaker Manufacturers Vie to Secure Local Users to Boost Competitiveness

SEOUL, Aug. 15 (Korea Bizwire) — South Korean artificial intelligence (AI) speaker manufacturers are scrambling to lock in consumers that are critical for boosting their competitiveness moving forward, industry watchers said Tuesday. SK Telecom, the country’s largest mobile operators, and Naver Corp., the top Internet portal operator here, have recently unveiled half-price and free speakers [...]

Image Recognition Technology is Reshaping How We Search for Information

Image Recognition Technology is Reshaping How We Search for Information

SEOUL, Aug. 14 (Korea Bizwire) — Advanced image recognition technology is reshaping the landscape of information search, a recent report has said. According to the report released by Digieco on trends in the mobile market, image recognition technology is increasingly being adopted by artificial intelligence services such as Google assistant and Samsung’s Bixby. In the [...]

SK Telecom Posts Robust Sales of Portable AI Device on First Day

SK Telecom Posts Robust Sales of Portable AI Device on First Day

SEOUL Aug. 13 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. said Sunday it sold around 5,000 units of the portable edition of its artificial intelligence (AI) device NUGU on the first day of release. The mobile carrier said the sales of the NUGU Mini, which started Friday, were five times higher [...]

South Korea’s Answer to Silicon Valley Sees Rapid Growth

South Korea’s Answer to Silicon Valley Sees Rapid Growth

Gyeonggi Province, Aug. 9 (Korea Bizwire) — Pangyo Techno Valley in Gyeonggi Province is growing rapidly, with annual economic output estimated at 77 trillion won last year. According to data released by the Gyeonggi Provincial Government on Tuesday, more than 1,300 companies had moved into Pangyo Techno Valley, also known as PTV, an industrial complex located [...]

Majority of Part-time Workers Worry about Being Replaced by Kiosks: Survey

Majority of Part-time Workers Worry about Being Replaced by Kiosks: Survey

SEOUL, Aug. 8 (Korea Bizwire) — A majority of part-time workers expect they will be replaced by kiosks due to the rise in minimum wage, with those working at restaurants and cafes expressing the most concern, a portal survey said Tuesday. Alba, a portal for job seekers, asked 644 members between July 27 and Aug. [...]

SK Telecom Introduces Portable AI Device

SK Telecom Introduces Portable AI Device

SEOUL, Aug. 8 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. on Tuesday launched a portable edition of its artificial intelligence (AI) device NUGU, in a bid to expand its presence in the fast-growing sector. First released in September last year, NUGU is focused on providing household-related services. SK Telecom said the [...]

Hyundai Robotics Meets Requirements for Holding Company

Hyundai Robotics Meets Requirements for Holding Company

SEOUL, Aug. 2 (Korea Bizwire) — Hyundai Robotics said Wednesday that it has secured a more than 20 percent stake in its listed affiliates in a move that made it eligible to become the holding company of Hyundai Heavy Industries Group. The company said it acquired the stocks through an open takeover offering that raised [...]

Kakao Collaborates with Hyundai, Kia to Develop AI Tech

Kakao Collaborates with Hyundai, Kia to Develop AI Tech

SEOUL, July 24 (Korea Bizwire) – South Korea’s top mobile messenger operator Kakao Corp. said Monday it has joined forces with the country’s leading automaker Hyundai Motor Co. and its sister company Kia Motors Corp. to develop Artificial Intelligence (AI) technology. Under the agreement, the automakers will implement server-based speech recognition technology into the Genesis [...]

Drones to the Rescue: Next-Generation Lifeguards Can Fly

Drones to the Rescue: Next-Generation Lifeguards Can Fly

SEOUL, Jul. 18 (Korea Bizwire) — One lucky beachgoer is safe and sound thanks to drone company Soomvi and telecommunications giant SK Telecom (SKT). Or at least that’s what a future scenario might look like. This past Friday, a drone on patrol a few meters above the sparkling blue of Wangsan Beach in Incheon “discovered” a [...]