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Archive by category Emerging Tech

Korean Companies Turn to Virtual Reality for Marketing

Korean Companies Turn to Virtual Reality for Marketing

SEOUL, Sept. 1 (Korea Bizwire) — An increasing number of South Korean companies are using virtual reality in their marketing campaigns as the latest technology that allows people to thoroughly experience products online before purchasing has proven to improve customer satisfaction. VR technology has been increasingly popular in the mobile and desktop online shopping industry in [...]

Hwaseong to Host ‘K-City’ Autonomous Car Testing Site

Hwaseong to Host ‘K-City’ Autonomous Car Testing Site

SEJONG, Aug. 30 (Korea Bizwire) – A testing site named ‘K-City’, a virtual city where autonomous cars will be tested in real road settings in preparation for transportation of the future is set to be built in the city of Hwaseong in Gyeonggi Province next year. According to the Ministry of Land, Infrastructure and Transport [...]

Seoul Metropolitan Government Turns to Technology to Fight Prostitution

Seoul Metropolitan Government Turns to Technology to Fight Prostitution

SEOUL, Aug. 23 (Korea Bizwire) — The Seoul Metropolitan Government has ratcheted up its struggle against organized prostitution by developing technology that will clog up telephone lines used by brothels. Despite efforts to shut down businesses operating in the sex trade, the dispersal of lurid flyers with phone numbers printed on them has made it [...]

Naver’s Wave AI Speaker Looks Nice, but Performance Doesn’t Stand Out

Naver’s Wave AI Speaker Looks Nice, but Performance Doesn’t Stand Out

SEOUL, Aug. 22 (Korea Bizwire) — Wave, a ‘smart’ speaker that is the first AI gadget developed by South Korean web giant Naver, has received much attention for the massive investment the company made in its development, having chosen artificial Intelligence as the key technology of the next generation.   The main functions of Wave include [...]

AI Speaker Manufacturers Vie to Secure Local Users to Boost Competitiveness

AI Speaker Manufacturers Vie to Secure Local Users to Boost Competitiveness

SEOUL, Aug. 15 (Korea Bizwire) — South Korean artificial intelligence (AI) speaker manufacturers are scrambling to lock in consumers that are critical for boosting their competitiveness moving forward, industry watchers said Tuesday. SK Telecom, the country’s largest mobile operators, and Naver Corp., the top Internet portal operator here, have recently unveiled half-price and free speakers [...]

Image Recognition Technology is Reshaping How We Search for Information

Image Recognition Technology is Reshaping How We Search for Information

SEOUL, Aug. 14 (Korea Bizwire) — Advanced image recognition technology is reshaping the landscape of information search, a recent report has said. According to the report released by Digieco on trends in the mobile market, image recognition technology is increasingly being adopted by artificial intelligence services such as Google assistant and Samsung’s Bixby. In the [...]

South Korea’s Answer to Silicon Valley Sees Rapid Growth

South Korea’s Answer to Silicon Valley Sees Rapid Growth

Gyeonggi Province, Aug. 9 (Korea Bizwire) — Pangyo Techno Valley in Gyeonggi Province is growing rapidly, with annual economic output estimated at 77 trillion won last year. According to data released by the Gyeonggi Provincial Government on Tuesday, more than 1,300 companies had moved into Pangyo Techno Valley, also known as PTV, an industrial complex located [...]

Majority of Part-time Workers Worry about Being Replaced by Kiosks: Survey

Majority of Part-time Workers Worry about Being Replaced by Kiosks: Survey

SEOUL, Aug. 8 (Korea Bizwire) — A majority of part-time workers expect they will be replaced by kiosks due to the rise in minimum wage, with those working at restaurants and cafes expressing the most concern, a portal survey said Tuesday. Alba, a portal for job seekers, asked 644 members between July 27 and Aug. [...]