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Archive by category Emerging Tech

Tech Brings Quality of Care Service Upgrade to Elderly Living in Public Rental Houses

Tech Brings Quality of Care Service Upgrade to Elderly Living in Public Rental Houses

SEJONG, Nov. 5 (Korea Bizwire) — Plans are underway to introduce a new residential service that uses artificial intelligence (AI) and Internet of Things (IoT) technology to ensure the health and safety of the elderly living in public rental houses. The Ministry of Land, Infrastructure and Transport and the Korea Land & Housing Corp. jointly [...]

AI-based Smart Platform Sends CCTV Footage Directly to Police

AI-based Smart Platform Sends CCTV Footage Directly to Police

DAEJEON, Nov. 4 (Korea Bizwire) — New technology has been developed in which the artificial intelligence (AI) responsible for monitoring closed-circuit television (CCTV) footage installed in crime-ridden districts can send CCTV footage instantly to the police if it detects dangerous situations. The Electronics and Telecommunication Research Institute (ETRI) said Wednesday that it had developed core [...]

Kakao Entertainment Invests 12 bln Won in Netmarble’s Metaverse Entertainment

Kakao Entertainment Invests 12 bln Won in Netmarble’s Metaverse Entertainment

SEOUL, Oct. 26 (Korea Bizwire) — Kakao Entertainment, an entertainment arm of tech giant Kakao Corp., said Monday it will participate in Metaverse Entertainment, a subsidiary of game developer Netmarble F&C Inc., as a strategic investor. The company will acquire 80,000 new shares for 12 billion won (US$10.2 million) through a third party allotment in [...]

Hanwha Systems Inks Deals with Israeli Defense Companies on AESA Radar, Aviation Technologies

Hanwha Systems Inks Deals with Israeli Defense Companies on AESA Radar, Aviation Technologies

SEOUL, Oct. 21 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of Hanwha Group, said Thursday it has signed partnership deals with two Israeli defense companies to push for its export of an advanced radar system and cooperation in aviation technologies. Hanwha Systems said it clinched the agreements with Israel’s Elta Systems [...]

Police to Introduce Extended Reality Platform for Training

Police to Introduce Extended Reality Platform for Training

SEOUL, Oct. 20 (Korea Bizwire) — Police announced plans to introduce new technology from the Fourth Industrial Revolution, including metaverse platforms, to renovate its education and training curriculum. The National Police Agency (NPA) will invest 24 billion won (US$20.4 million) over the next five years to build an extended reality (XR)-based simulation training program. Police [...]

Next-generation Intelligence Transport System to be Established Nationwide by 2027

Next-generation Intelligence Transport System to be Established Nationwide by 2027

SEOUL, Oct. 20 (Korea Bizwire) — To be well prepared for the commercialization of Level 4 autonomous driving technology, a next-generation Cooperative Intelligent Transport System (C-ITS) will be established throughout major roads in South Korea on a gradual basis starting from this year. The Ministry of Land, Infrastructure and Transport said Tuesday that the basic [...]

S. Korea to Protect VR, AR Videos as Intellectual Property

S. Korea to Protect VR, AR Videos as Intellectual Property

DAEJEON, Oct. 20 (Korea Bizwire) — Virtual reality and augmented reality videos, as well as images expressed on websites, street walls and human bodies will be eligible to be registered as intellectual property (IP) in South Korea, the country’s patent office said Tuesday. The Korea Intellectual Property Office announced that digitally-produced designs with various purposes [...]

S. Korean Drone Developer Succeeds in Controlling Drone 9,000 Kilometers Away

S. Korean Drone Developer Succeeds in Controlling Drone 9,000 Kilometers Away

GWANGJU, Oct. 15 (Korea Bizwire) — A South Korean drone company has succeeded in remotely controlling a drone thousands of kilometers away. Local drone manufacturer Hogreen Air on Thursday succeeded in remotely controlling two 5G hydrogen fuel cell drones in at a drone park in the southern city of Gwangju from a 9,042-kilometer distance in Silicon Valley. [...]