SEOUL, Nov. 19 (Korea Bizwire) — The Seoul Metropolitan Government announced yesterday plans to analyze big data indicating the consumption habits of tourists within the six special tourist zones in Seoul. The move is aimed at activating business activities for small enterprise owners. The Seoul Credit Guarantee Foundation and the Seoul Tourism Organization just inked [...]
SEOUL, Nov. 16 (Korea Bizwire) — A new report has found that the global “smart” healthcare industry could grow by 21.1 percent per year by 2020. The report published by Samjong KPMG, one of Korea’s leading accounting firms, stated that the size of the smart healthcare market had grown from $79 billion in 2015 to $142 [...]
SEOUL, Nov. 16 (Korea Bizwire) — The South Korean government is expected to move forward with new policies that would permit the installation of hydrogen charging stations in semi-residential areas and commercial areas as well as the establishment of drone zones in currently prohibited airspace. Such issues were addressed yesterday at the Central Government Complex [...]
SEOUL, Nov. 12 (Korea Bizwire) — Lotte Mart announced on Sunday that it will adopt QR codes for all merchandise being sold at the store, which will allow customers to use their smartphones to access detailed information as well as customer reviews about each product. The company will also provide online ordering services to customers [...]
SEOUL, Nov. 8 (Korea Bizwire) – The government will revise laws and regulations in a way that facilitates the use of self-driving cars, such as changing the definition of drivers, officials said Thursday. The move is part of efforts to preemptively remove regulations that could impede the development and commercialization of self-driving cars, considered one [...]
SEOUL, Nov. 7 (Korea Bizwire) — Hyundai Motor Co. announced on Tuesday the launch of Hyundai Cradle Tel Aviv, an open innovation center, in Israel. Hyundai Cradle will begin making strategic investments in AI startups in Israel and will engage with companies possessing cutting-edge technology. Hyundai Cradle is Hyundai Motor’s third global open innovation center [...]
SEOUL, Nov. 6 (Korea Bizwire) — The popular portal website Naver Corp. revealed yesterday that it will be implementing a new function on its website that allows users to replay home runs during Korean Series baseball matches airing live. The function is based on artificial intelligence (AI) technology. The technology automatically recognizes home run sequences [...]
SEOUL, Nov. 5 (Korea Bizwire) — Everland, the amusement park operating unit of Samsung C&T Corp., is incorporating cutting-edge information technology to amusement facilities and customer service to provide smart access to visitors. Samsung C&T announced on Sunday the launch of the Samsung Galaxy Friends program for Everland in collaboration with Samsung Electronics. The program [...]
GWANGJU, Nov. 5 (Korea Bizwire) — Chosun University Hospital in Gwangju announced on Sunday that it is using Watson for Oncology, a medical AI supercomputer designed by IBM Inc., for cancer treatment. Once the information about a patient along with the preliminary diagnosis is entered, Watson delivers the optimum method of treatment by analyzing its [...]
SEOUL, Nov. 5 (Korea Bizwire) — LG Electronics Inc. said Monday it inked an agreement with E-mart Inc., a retail giant in South Korea, to develop a new type of service robot that can assist shoppers at supermarkets. Under the agreement, the two companies will develop what they call a smart-cart robot that can automatically [...]