The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Feb. 20 (Korea Bizwire) — The average annual salary for employees at Samsung Electronics in 2024 was approximately KRW 128 million ($88,930), reflecting a 7% increase from the previous year, according to a report by the Korea CXO Institute released on February 20. The analysis, based on recently submitted audit reports, examined salary trends, total [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea will push to develop its own version of ChatGPT, the artificial intelligence (AI) chatbot created by U.S.-based OpenAI, acting President Choi Sang-mok said Thursday, pledging full-scale government support for research and development (R&D). Choi made the remarks during a high-level committee meeting aimed at positioning South Korea [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea will acquire 18,000 high-performance graphics processing units (GPUs) by the first half of next year to enhance the country’s artificial intelligence (AI) computing capabilities, the science ministry said Thursday. The government initially plans to secure 10,000 GPUs within this year for the launch of a new national [...]
SEOUL, Feb. 20 (Korea Bizwire) — Apple is set to introduce rich communication services (RCS) messaging on iPhones in South Korea later this year, enabling chat-style messaging and large file transfers between iPhone and Samsung Galaxy smartphone users. The Korea Communications Commission (KCC) announced on February 19 that it has issued administrative guidance recommending Apple implement [...]
SAN FRANCISCO, MUAN & SEOUL, South Korea, Feb 19. (Korea Bizwire) — South Korea is set to host the world’s largest artificial intelligence (AI) data center, with a planned capacity of 3 gigawatts (GW) and an estimated investment of up to $35 billion, according to a report by The Wall Street Journal on February 18. [...]
SEOUL, Feb. 19 (Korea Bizwire) — Samsung is set to convene a large-scale executive seminar as the company navigates a complex landscape of internal and external challenges. According to industry sources, the South Korean conglomerate will hold a special training program titled “Value Education for Restoring Samsung’s Identity” from late February through April. The event, organized [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korean companies are taking bold steps to combat the nation’s record-low birthrate by offering substantial financial incentives to employees who have children. Gaming company Krafton recently announced a groundbreaking birth incentive program, offering employees KRW 60 million ($41,400) upon the birth of a child. Additionally, the company will provide [...]
SEOUL, Feb. 19 (Korea Bizwire) — A recent analysis has found that 5G signal strength in Seoul’s Lotte World Tower weakens significantly at higher floors, highlighting potential indoor coverage challenges in skyscrapers. According to Ookla, the operator of the network speed testing site Speedtest, the Reference Signal Received Power (RSRP) at the lower floors of [...]
SEOUL, Feb. 19 (Korea Bizwire) — Generative artificial intelligence (AI) has emerged as the most desired product in the new subscription application product category among consumers in their 20s and 30s, a poll showed Wednesday. According to the survey conducted recently on 1,000 adults by market research firm Macromill Embrain, 94.8 percent of respondents said [...]
SEOUL, Feb. 19 (Korea Bizwire) — For the first time in 39 months, South Korea’s mobile virtual network operator (MVNO) market has recorded a decline in subscriber numbers, signaling increased competition from major telecom providers. According to wireless communication service statistics released by the Ministry of Science and ICT on February 18, the number of [...]