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SK Says Its AI Platform Drastically Cut Time Spent Evaluating Cover Letters

SK Says Its AI Platform Drastically Cut Time Spent Evaluating Cover Letters

SEOUL, Jan. 26 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday its artificial intelligence platform has successfully found the right cover letter in a flash, a technology that could ease the burden of human resources officials. Last year, Aibril Employment Helper evaluated 10,000 [...]

IBK to Launch Self-service Shops Later This Year: IBK CEO

IBK to Launch Self-service Shops Later This Year: IBK CEO

SEOUL, Jan. 25 (Korea Bizwire) — Industrial Bank of Korea (IBK) said Thursday it will launch self-service shops during the latter half of the year amid growing non-face-to-face transactions. “We are sending some employees to Japan next month so they can look into self-service stores there to catch up with the growing proportion of non-face-to-face [...]

Banks to Issue New Trading Accounts for Cryptocurrencies Next Week

Banks to Issue New Trading Accounts for Cryptocurrencies Next Week

SEOUL, Jan. 23 (Korea Bizwire) — Six South Korean banks will begin issuing new trading accounts for cryptocurrencies next week by introducing a system that bans the use of anonymous accounts in cryptocurrency transactions, a senior financial regulator said Tuesday. When the banks introduce the system of verifying cryptocurrency investors’ identification next Tuesday, current virtual [...]

PyeongChang Organizers Launch Radio-Spectrum Management Team

PyeongChang Organizers Launch Radio-Spectrum Management Team

SEOUL, Jan. 18 (Korea Bizwire) – The organizers of the 2018 PyeongChang Winter Olympics said Thursday they are operating a special team of technicians managing radio-spectrum issues at venues to avoid interference of wireless devices and ensure accurate tracking of records. PyeongChang’s organizing committee and the Ministry of Science and ICT said the team of [...]

KT Launches Agricultural Drone Education Program

KT Launches Agricultural Drone Education Program

SEOUL, Jan. 17 (Korea Bizwire) — Telecom giant KT has opened an agricultural drone school in South Jeolla Province in the hopes of helping the farming community. KT’s ‘Giga Island Drone School’ opened at an experience center on Imja Island in Sinan County yesterday, featuring a number of facilities including a workshop and a simulation room, [...]

KAIST Drone Pushes the Boundaries of Flight

KAIST Drone Pushes the Boundaries of Flight

DAEJEON, Jan. 5 (Korea Bizwire) – A research team at the Korea Advanced Institute of Science and Technology (KAIST) has developed an unmanned aerial vehicle with separately controlled wings. The researchers, led by professors Ha Dong-soo and Jo Cheon-sik, said on Thursday that they had developed a new drone that features main wings that be [...]

Hybrid Solar Cells Requiring Less Energy to Manufacture Developed by S. Korean Researchers

Hybrid Solar Cells Requiring Less Energy to Manufacture Developed by S. Korean Researchers

DAEJEON, Jan 4 (Korea Bizwire) — The National Research Foundation of Korea announced on January 3 that a research team at Yonsei University had, through a manufacturing process making use of lower temperatures than normally required, successfully produced a hybrid solar cell of organic material and silicon. Crystalline silicon solar cells are the most commonly [...]

Gov’t Expected to Begin Banning Anonymous Cryptocurrency Trade from Around Jan. 20

Gov’t Expected to Begin Banning Anonymous Cryptocurrency Trade from Around Jan. 20

SEOUL, Jan. 2 (Korea Bizwire) — The South Korean government has been developing a system that is likely to start banning the use of anonymous accounts in cryptocurrency transactions from around Jan. 20, financial industry sources said Tuesday. The system is a part of follow-up measures after the government announced last week a set of [...]