SEOUL, May 26 (Korea Bizwire) – The Sejong municipal government is currently considering the construction of a drone park next to the Geum River in Sejong city, home to many central government ministries and state think tanks, said a municipal government official on Tuesday. The city administration is currently in discussion with related government agencies in an [...]
SEOUL, May 23 (Korea Bizwire) – The Ministry of Food and Drug Safety is hoping to change regulations by November to allow the limited use of medical instruments manufactured from 3D printers before they receive final government approval, officials said on Monday. The ministry mentioned through public symposiums that it is considering “fast-track approval” for such instruments, which [...]
SEOUL, May 2 (Korea Bizwire) — Tech giants from home and abroad are battling to garner a larger slice of the South Korean market for cloud computing solutions, industry watchers said Monday, as local demand for the services is expected to grow sharply down the road. The South Korean market for cloud computing solutions is [...]
SEOUL, April 27 (Korea Bizwire) – Key artificial intelligence (AI) technologies will be commercialized within the next decade mainly in the health, mobile payment, green energy and social learning sectors, a government panel here said Wednesday. AI-based services are expected to be born in earnest around in 2020 to offer cheaper health, legal and financial [...]
SEOUL, April 21 (Korea Bizwire) – Outdoor advertising with digital billboards in windows and on rooftops and street poles will soon be permitted. The Ministry of the Interior (MOI) has announced that a revised law to significantly ease existing regulations will go into effect in July. According to the revision, digital billboards in various areas [...]
SEOUL, April 19 (Korea Bizwire) – Samsung Electronics Co.’s lawsuit against British manufacturer Dyson in a patent row over a vacuum cleaner mechanism has been withdrawn from a Seoul court after the two firms resolved the dispute through arbitration, court officials said Tuesday. The South Korean tech giant filed the suit against the British firm [...]
SEOUL, April 15 (Korea Bizwire) – Samsung Display Co., a flat panel maker under Samsung Group, will supply its organic light-emitting diode (OLED) display panels to Apple Inc. starting next year, industry sources said Friday. Under the deal, Samsung Display will supply around 100 million units of 5.5-inch panels annually, with the value being estimated at 3 [...]
SEOUL, April 14 (Korea Bizwire) – Installing charging devices for electric vehicles (EV) at gas stations will become easier as early as August of this year. The Ministry of Trade, Industry and Energy announced new legislation that lowers the explosion prevention standards of EV chargers installed at gas stations. After collecting ideas from the public and an [...]
SEOUL, April 11 (Korea Bizwire) – New technology that gathers weather information from taxis operating in the city will soon be available. According to the Korea Meteorological Administration (KMA), technology to collect weather data through vehicle on-board diagnostics (OBD) is currently being developed. OBD refers to a system that automatically saves diagnostic information of a running car. [...]
SEOUL, April 7 (Korea Bizwire) – In the movie “Mission Impossible: Ghost Protocol”, Tom Cruise secretly takes pictures of classified documents by blinking his eye, using ‘smart’ contact lenses. According to SAM Mobile, a Samsung Electronics blog, the company applied for a patent in the U.S. for ‘the production and usage of smart contact lenses for augmented reality’ [...]