SEOUL, Feb. 15 (Korea Bizwire) – IT solutions and services have become a popular go-to for Korean businesses struggling with stagnant growth, allowing them to cut operating costs while boosting productivity. Fuji Xerox Korea is one of the companies that offers such services. The company’s IT solutions focus on integrating multi-function devices with cloud computing, [...]
SEOUL, Feb. 15 (Korea Bizwire) – South Korea announced a package of measures Wednesday to utilize information and communications technology (ICT) and science technology to revitalize the country’s economy suffering from weak exports and flagging manufacturing sector. Under the measures discussed in a meeting presided over by Acting President and Prime Minister Hwang Kyo-ahn, the [...]
SEOUL, Feb. 14 (Korea Bizwire) – Three new government initiatives will make use of the latest smart devices to help improve the lives of elderly farmers and the disabled. The Ministry of Science, ICT and Future Planning and the Institute for Information & Communications Technology Promotion, in partnership with the local governments of Andong, Jeonju, [...]
SEOUL, Feb. 9 (Korea Bizwire) – Samsung Electronics Co. emerged as the leader in the global virtual reality (VR) market in 2016, accounting for more than 70 percent of 6.3 million VR devices shipped worldwide, a report showed Thursday. The South Korean tech giant sold about 4.51 million units last year, or 71.6 percent of [...]
DAEJEON, Feb. 7 (Korea Bizwire) – A team of KAIST researchers announced Tuesday the development of a new emulsion technique that makes use of physical force instead of chemical compounds. Because oil floats on water due to its lower density, dispersants, or surfactants, are required to make oil particles water-soluble. These compounds, however, have often [...]
SEOUL, Feb. 2 (Korea Bizwire) – Ten years from now, the uncertainty in the South Korean job market will have worsened. More than a handful of jobs will have been replaced by artificial intelligence, although technological advancements will allow for several new occupations. Continued innovation in manufacturing, including 3D printing, will bring rise to more [...]
SEJONG, Feb. 2 (Korea Bizwire) – Two South Korean public institutes said Thursday that augmented reality and virtual reality are two of the most promising industries in the next eight years. A joint analysis by the Korea Institute for Advancement of Technology and the Korea Institute for Industrial Economics and Trade showed that augmented reality [...]
ULSAN, South Korea, Feb. 1 (Korea Bizwire) – Korean scientists are taking a new step forward in the research and development of seawater batteries. According to UNIST, the school is investing 5 billion won ($4.33 million) in partnership with the Korea Electric Power Corporation (KEPCO) and the Korea East-West Power Corporation (EWP) over the next [...]
SEOUL, Feb. 1 (Korea Bizwire) – Last year, artificial intelligence computer IBM Watson again stunned the world by generating a trailer for Morgan, a horror/thriller film from 20th Century Fox. Watson studied some 100 horror movie trailers beforehand, selected ten of the most tension-driven scenes from Morgan, and produced a trailer (with a bit of [...]
SEOUL, Jan. 31 (Korea Bizwire) – The Musterbag Smart Edition is a backpack that uses IoT sensors so parents can check if their children arrive safely at school, and then back home in the afternoon. The bag was first introduced in early December in a joint venture between telecommunications company SK Telecom and children’s bag [...]