Other Technologies Archives | Page 2 of 63 | Be Korea-savvy

Archive by category Other Technologies

P2P Money-transfer Service Marks Exponential Growth in 2017

P2P Money-transfer Service Marks Exponential Growth in 2017

SEOUL, Aug. 14 (Korea Bizwire) — The amount of money transferred via South Korea’s P2P service applications surged nearly five times on-year in 2017 on the back of its growing popularity among young customers, the financial watchdog said Tuesday. According to the data compiled by the Financial Supervisory Service (FSS), the amount of transactions via [...]

Sejong Launches High-Tech Bicycle Sharing Initiative

Sejong Launches High-Tech Bicycle Sharing Initiative

SEJONG, Aug. 13 (Korea Bizwire) — The city of Sejong has kicked off the first bicycle sharing service in the nation featuring IoT technology. According to the municipal government of Sejong, the smartphone application “New Eoulling,” an upgraded version of the existing bike sharing service, allows users to access shared bicycles by tracking them via [...]

Samsung Aims to Deliver Quality Sound via Galaxy Home Speaker

Samsung Aims to Deliver Quality Sound via Galaxy Home Speaker

SEOUL, Aug. 13 (Korea Bizwire) — Samsung Electronics Co. said Monday its upcoming artificial-intelligence speaker, the Galaxy Home, will come with high-end sound quality that sets it apart from rivals in the market. The South Korean tech giant, which provided hints about its first AI speaker during the showcase of the Galaxy Note 9, said [...]

Gov’t Promises to Help Finance Smart Factory Clusters

Gov’t Promises to Help Finance Smart Factory Clusters

SEOUL, Aug. 6 (Korea Bizwire) — Companies that share similar production processes will be able to finance high-quality “smart” factories cost-effectively by coming together in clusters of five or more. The Ministry of SMEs and Startups revealed yesterday that it would be partially funding the establishment of factories that would benefit companies through economies of [...]

LG Electronics Opens First Overseas AI Research Lab

LG Electronics Opens First Overseas AI Research Lab

SEOUL, Aug. 1 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has opened its first overseas research center devoted solely to the development of artificial intelligence (AI) technologies. The South Korean tech giant said the Toronto AI Lab in Canada will carry out various research through cooperation with the University of Toronto starting from [...]

Gov’t Research Institute Launches Free Genome Analysis Service

Gov’t Research Institute Launches Free Genome Analysis Service

DAEJEON, Jul. 24 (Korea Bizwire) — Bio-Express, a new genome analysis system provided by the Korean Bioinformation Center, is gaining the attention of industry experts and academics alike. The Korean Bioinformation Center (KOBIC) is operated by the Korea Research Institute of Bioscience and Biotechnology (KRIBB), a government research institute. According to KRIBB, Bio-Express is a [...]

KT Unveils Blockchain-powered Network

KT Unveils Blockchain-powered Network

SEOUL, Jul. 24 (Korea Bizwire) — KT Corp., South Korea’s second-largest mobile carrier, on Tuesday showcased a new commercial network using blockchain technology for the first time in the world. The company said it also plans to apply its blockchain technology into new emerging businesses, such as energy management and identity authentication. The KT Network [...]

New System Relies on Big Data to Predict Red Tides

New System Relies on Big Data to Predict Red Tides

SEOUL, Jul. 18 (Korea Bizwire) — The National Institute of Fisheries Science revealed yesterday that it had created a new information system that measures the onset of red tides based on big data. The existing system requires seven to eight hours for analytic results to be released, because the collected data is reported by fax [...]