SEOUL, Aug. 20 (Korea Bizwire) — LG Electronics Inc. said Monday it plans to penetrate deeper into the global audio business with its XBOOM products made through collaboration with Britain-based Meridian Audio. The South Korean company, which released South Korea’s first radio in 1959, said it aims to become one of the leading audio brands [...]
SEOUL, Aug. 20 (Korea Bizwire) — China accounted for more than 30 percent of Samsung Electronics Co.’s overall sales over the January-June period, industry data showed Monday, emerging as the company’s largest market and outpacing the American continents for the first time. The South Korean tech giant, which posted sales of 83.9 trillion won (US$74.6 [...]
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, 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 [...]
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 [...]
SEOUL, Aug. 9 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, said Thursday it will provide its artificial intelligence (AI) assistant platform to a hotel in Seoul. NUGU — an advanced voice recognition service that allows hotel room guests to control lighting or use various concierge services — will be partially adopted [...]
SEOUL, Aug. 8 (Korea Bizwire) — Pizza Hut Korea said Wednesday it has launched a test operation of a robot to serve food to customers as the company moves to strengthen its competitiveness with cutting-edge technologies. The robot, dubbed Dilly Plate, was unveiled at one of its stores in western Seoul on Monday for a [...]
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 [...]
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 [...]
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 [...]