The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Feb. 17 (Korea Bizwire) — Major South Korean information and communications technology (ICT) companies are moving away from independent development efforts, forming strategic partnerships with global tech giants in artificial intelligence to minimize risks and boost their service capabilities. KT Corporation, one of South Korea’s largest telecommunications companies, announced plans to collaborate with Microsoft to [...]
SEOUL, Feb. 17 (Korea Bizwire) — Chinese artificial intelligence firm DeepSeek has temporarily suspended its services in South Korea following concerns over excessive data collection and privacy violations. The move comes after the Personal Information Protection Commission (PIPC) flagged deficiencies in the company’s data handling practices and recommended a pause in operations until compliance measures are [...]
SEOUL, Feb. 17 (Korea Bizwire) — The government said Monday it has temporarily suspended the local service of Chinese artificial intelligence (AI) app DeepSeek over concerns about its data collection practices. The Personal Information Protection Commission said the service was suspended at 6 p.m. Saturday and will be resumed after “improvements and remedies” are made [...]
SEOUL, Feb. 17 (Korea Bizwire) — Subscription-based services in South Korea saw significant growth in 2024, with generative artificial intelligence (AI) leading the surge, according to a recent analysis by KB Kookmin Card. The financial institution reported that total subscription transactions increased by 12.9% in 2024 compared to the previous year, while spending on subscription services [...]
ULSAN, South Korea, Feb. 14 (Korea Bizwire) — A team of South Korean researchers has developed a groundbreaking diagnostic technique that can detect lung cancer using only a few drops of blood. Scientists at the Ulsan National Institute of Science and Technology (UNIST) announced on February 13 that they have created EV-CLIP, a technology capable of [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea’s gaming industry saw a stark divide in financial performance for 2024, with companies’ fortunes hinging on the success of their overseas ventures. While Nexon and Krafton cemented their dominance, NCSoft faced restructuring, and Netmarble showed signs of recovery after years of losses. According to year-end earnings reports released [...]
SEOUL, Feb. 13 (Korea Bizwire) — A South Korean court has ruled that Ironmace, the developer of the online game Dark and Darker, must compensate Nexon for damages related to data misappropriation but did not violate copyright laws. On February 13, the Seoul Central District Court’s Civil Agreement Division 63, presided over by Judge Park Chan-seok, [...]
SEOUL, Feb. 13 (Korea Bizwire) — As South Korean semiconductor manufacturers pivot toward high-bandwidth memory (HBM) chips in the artificial intelligence era, they face mounting uncertainties from aggressive Chinese competition and potential tariffs threatened by U.S. President Donald Trump. While analysts suggest that tariff impacts may be limited given the relatively small share of semiconductor exports [...]
SEOUL, Feb. 13 (Korea Bizwire) — South Korea will implement virtual reality technology to help assess the driving capabilities of motorists aged 75 and older during their license renewal process, government officials announced on February 12. The initiative is part of a pedestrian safety action plan jointly developed by the Ministry of the Interior and Safety [...]
SEOUL, Feb. 10 (Korea Bizwire) — Labor unions representing South Korea’s IT and gaming industry have firmly opposed recent discussions in the political sphere regarding exemptions to the 52-hour workweek law, arguing that such a move would exploit workers rather than drive industry growth. At a press conference in central Seoul on Wednesday, the IT Committee [...]