The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Feb. 4 (Korea Bizwire) - Samsung Electronics Co. said Tuesday its new Galaxy S25 smartphones have sold 1.3 million units in preorders in South Korea, marking the largest presale record for its flagship S series models. Preorders for the Galaxy S25 series, introduced on Jan. 22, amounted to 1.3 million units from Jan. 24-Feb. [...]
SEOUL, Feb. 4 (Korea Bizwire) — The Korea Advanced Institute of Science and Technology (KAIST) announced on February 3 that a new spacecraft propulsion system it has developed will be launched into space aboard a satellite on South Korea’s Nuri launch vehicle. A research team led by Choe Won-ho, a professor in KAIST’s Department of Nuclear [...]
SEOUL, Feb. 4 (Korea Bizwire) — South Korea’s tech giant Kakao and OpenAI, the developer of ChatGPT, have announced a strategic partnership to integrate OpenAI’s advanced artificial intelligence technology into Kakao’s services and collaborate on new AI-driven products. Kakao CEO Jeong Shin-ah and OpenAI CEO Sam Altman unveiled the agreement during a joint press conference on [...]
SEOUL, Feb. 4 (Korea Bizwire) - SK Telecom Co., South Korea’s largest mobile carrier, said Tuesday it will collaborate with the Massachusetts Institute of Technology (MIT) as part of its broader strategies to enhance its artificial intelligence (AI) capabilities. SK Telecom will join the MIT GenAI Impact Consortium, an industry-academia initiative aimed at exploring the [...]
SEOUL, Feb. 3 (Korea Bizwire) — Naver, South Korea’s internet giant, is on the verge of surpassing an annual revenue of 10 trillion won ($6.8 billion) for the first time, driven by its aggressive expansion into new business sectors. According to industry sources, Naver’s revenue from new ventures—including e-commerce, fintech, content, and cloud services—accounted for more [...]
SEOUL, Feb. 3 (Korea Bizwire) — Sam Altman, founder and chief executive officer (CEO) of U.S. artificial intelligence (AI) company OpenAI, will visit South Korea this week for an event with local developers amid an intensifying global AI race, industry sources said Monday. OpenAI will hold the “Builder Lab” event in Seoul on Tuesday, bringing together [...]
SEOUL, Feb. 3 (Korea Bizwire) — Global executives have identified the automotive sector as the industry likely to face the most significant disruption this year, according to a new survey. The research also revealed that amid the rise of China’s low-cost AI system DeepSeek, 8 in 10 executives believe artificial intelligence will positively impact their industries. [...]
SEOUL, Feb. 3 (Korea Bizwire) — LG Electronics has completed a major expansion of its LG Science Park in Seoul’s Magok district, reinforcing its status as the company’s global research and development (R&D) control tower. The expansion consolidates nearly 10,000 domestic R&D employees into the country’s largest corporate R&D center. The company announced on Monday that [...]
SEOUL, Feb. 2 (Korea Bizwire) — Japanese-style mahjong, known as Riichi mahjong, is experiencing a surge in popularity among South Korean millennials and Gen Z, both online and offline. Once overshadowed by traditional Korean card games, Riichi mahjong is now drawing significant interest, fueled by online gaming platforms, manga culture, and social gaming trends. Online Riichi [...]
SEOUL, Feb. 2 (Korea Bizwire) — The rapid advancement of Chinese technology and its increasing presence in South Korean industries have sparked growing concerns among domestic businesses, particularly following the global impact of China’s low-cost, high-performance AI model, DeepSeek. For years, Chinese products were largely perceived in South Korea as inexpensive but inferior in quality. However, [...]