YEOJU, Nov. 22 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport has announced that it held an international event showcasing smart road technology suited for autonomous vehicles in the presence of a number of international observers. The event took place at a test site in Yeoju on November 20, with journalists and officials from [...]
SEOUL, Nov. 21 (Korea Bizwire) – The government is set to adopt international standards for its vehicle indoor air pollution tests, which are stricter that the current limits. According to the Ministry of Land, Infrastructure and Transport (MOLIT) on Monday, new international standards for in-car air pollution were established at the 173th UNECE World Forum [...]
SEOUL, Nov. 15 (Korea Bizwire) – Korea Aerospace Industries Co. (KAI), South Korea’s only aircraft maker, said Wednesday it achieved an international top rating in software development capability, a feat that it hopes will bolster its exports. KAI earned a level 5 rating of the Capability Maturity Model Integration (CMMI), which appraises all aspects of a company’s aeronautical prowess, as well as the ability to push forward [...]
SEOUL, Nov. 15 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will release its so-called mixed reality headset in South Korea next week, tapping deeper into the virtual reality (VR) gaming industry. The South Korean tech giant said that sales will start on Tuesday of the Samsung Head Mounted Display (HMD) Odyssey developed with [...]
SEOUL, Nov. 14 (Korea Bizwire) – A portmanteau of “chat” and “robot”, chatbots are computer programs designed to simulate human conversation in both spoken speech and text format. With the seemingly inevitable advent of artificial intelligence approaching nearer by the day, South Korean airlines, entertainment and banking industry players are taking measures to get ahead [...]
SEJONG, Nov. 14 (Korea Bizwire) — The government has unveiled a new set of safety standards for drone flying following the recent revision of a related law, the transport ministry said Tuesday. The amended aviation safety law came into force last week, allowing drones to fly at night or beyond the pilot’s visual line of [...]
SEOUL, Nov. 13 (Korea Bizwire) – With new breakthroughs in artificial intelligence, self-driving cars, and other next generation technologies seemingly unveiled every other day, the potential impact of these innovations has drawn a line between optimists and pessimists, with the latter found to outnumber the former by a considerable margin, at least in South Korea. [...]
SEOUL, Nov. 13 (Korea Bizwire) – Speaking at the “Climate Summit of Local and Regional Leaders” in Germany on November 12, Seoul Mayor Park Won-soon pledged to reduce South Korea’s reliance on nuclear energy through a new energy policy dubbed “Seoul, City of the Sun”. Park described the policy as “a five-year plan to supply [...]
SEOUL, Nov. 10 (Korea Bizwire) – Naver has once again publically called on Google to disclose its profits and tax records, keeping alive its charges of lack of transparency against the international IT giant. The South Korean web portal is continuing to press Google Korea on the company’s lack of transparency, with new CEO Han [...]
SEOUL, Nov. 10 (Korea Bizwire) — Malicious code targeting cryptocurrency is increasing at an alarming rate with the rising value of virtual money, statistics showed Friday. According to Korea Internet & Security Agency (KISA), 5,366 cases of damage from ransomware were reported in the January-September period this year, up 3.7-fold from 1,438 in the same [...]