The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Jan. 29 (Korea Bizwire) — Major South Korean platform operators have been working to bolster their short-form video business amid the growing global popularity of content that is quick and easy to consume. Earlier this month, the country’s biggest internet portal operator, Naver Corp. recruited 5,000 content creators for its short-form platform, called Clip, [...]
SEOUL, Jan. 28 (Korea Bizwire) — The emergence of Chinese AI startup DeepSeek has sent shockwaves through the global tech industry, challenging dominant players like Nvidia and raising questions about the future dynamics of the AI and semiconductor sectors. DeepSeek recently unveiled its advanced AI models, including the V3 large language model and the R1 inference-specialized [...]
SEOUL, Jan. 28 (Korea Bizwire) — LG Electronics is intensifying its internal artificial intelligence (AI) training programs to equip employees with skills to integrate generative AI tools, such as ChatGPT, into their daily work processes. This initiative reflects the growing use of AI across both development and non-development teams. According to industry sources, LG recently launched [...]
SEOUL, Jan. 28 (Korea Bizwire) — The rapid rise of individual media creators in South Korea has led to significant earnings for top content producers. The top 1% of YouTubers and live-streamers, also known as BJs (Broadcast Jockeys), earned an average of 1.325 billion KRW (approximately $1 million USD) annually, according to data released by Representative [...]
SEOUL, Jan. 28 (Korea Bizwire) — Chipmaking giant SK hynix Inc. has surpassed its biggest rival, Samsung Electronics Inc., for the first time ever in terms of quarterly profit, data showed Tuesday, as its robust sales of artificial intelligence (AI) memory chips pushed up its fourth-quarter figures to record highs. According to its quarterly earnings report, [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korea’s LG Electronics and Samsung Electronics reaffirmed their dominance in the U.S. premium appliance market, securing all top spots in Consumer Reports’ 2025 rankings for large-capacity washers. Despite increasing competition from Chinese brands, Korean companies demonstrated superior technology and reliability, solidifying their positions in the world’s largest premium market. [...]
SEOUL, Jan. 24 (Korea Bizwire) — The South Korean government has announced an ambitious initiative to position the country as one of the world’s top five biotech powerhouses by establishing a Korean-style bio cluster and accelerating AI- and data-driven biotech research and development (R&D). The plan aims to elevate the biotech industry to a level [...]
SEOUL, Jan. 24 (Korea Bizwire) — A team of South Korean researchers has developed a groundbreaking 2-liter engine powered by ammonia, a renewable energy source that generates no greenhouse gas emissions. The innovation is expected to serve as foundational technology for various applications, including vehicles, ships, aircraft, and industrial generators. Led by Dr. Park Cheol-woong of [...]
SEOUL, Jan. 24 (Korea Bizwire) — Samsung Electronics unveiled its Galaxy S25 series on January 22, introducing advanced AI features that mark a significant leap in smartphone technology. Positioned as a continuation of its AI-driven transformation that began with last year’s Galaxy S24, the new lineup further widens the gap between Samsung and its rival [...]
SEOUL, Jan. 24 (Korea Bizwire) — LG Electronics Inc. said Friday it has decided to secure management rights to a California-based artificial intelligence (AI) robotics startup as part of its push to expand its robotics business. At its board of directors meeting, LG Electronics decided to increase its stake in Bear Robotics to 51 percent [...]