The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Nov. 27 (Korea Bizwire) — Samsung Electronics Co. announced its new leadership Wednesday with a focus on the semiconductor business, in an apparent move to strengthen its future competitiveness in the field. Jun Young-hyun, vice chairman and head of the device solutions division, was named CEO and will also lead the memory business and [...]
SEOUL, Nov. 26 (Korea Bizwire) – The state-run Korea Development Bank (KDB) signed an initial agreement Tuesday with U.S. artificial intelligence (AI) research firm OpenAI to jointly foster the growth of South Korea’s AI ecosystem, bank officials said. Under the memorandum of understanding (MOU), the two sides will collaborate to boost the local AI ecosystem [...]
SEOUL, Nov. 26 (Korea Bizwire) – South Korea has seen a dramatic rise in cases of overseas leaks involving its critical technologies, with 10 such incidents uncovered this year—five times more than in 2023, according to the National Investigation Headquarters (NIH) of the Korean National Police Agency (KNPA) on Monday. Between January and October, the NIH detected [...]
SEOUL, Nov. 26 (Korea Bizwire) – After a two-year delay caused by Russia’s invasion of Ukraine, the highly anticipated “S.T.A.L.K.E.R. 2: Heart of Chornobyl” has finally emerged from Ukrainian game developer GSC Game World, marking the studio’s return to its flagship series after a 15-year hiatus. The game, released on November 21, offers a somber meditation [...]
SEOUL, Nov. 25 (Korea Bizwire) – South Korea will introduce AI-driven weather forecasting to the public next year, marking a significant advancement in meteorological technology. The National Institute of Meteorological Sciences (NIMS) announced on November 20 that it plans to provide real-time AI-based short-term precipitation forecasts during the disaster prevention period from May 15 to October [...]
SEOUL, Nov. 25 (Korea Bizwire) – Short-form videos are emerging as a powerful tool for promoting local businesses in South Korea, offering an engaging alternative to traditional blog-based updates. Small-sized businesses, in particular, see increasing opportunities in this trend. For example, an interior design contractor in the Seoul metropolitan area reported a surge in client inquiries [...]
SEOUL, Nov. 25 (Korea Bizwire) – South Korea has solidified its position as the world’s third-largest filer of artificial intelligence (AI) security technology patents, trailing only the United States and China, according to a report released by the Korean Intellectual Property Office (KIPO) on Sunday. In 2021, South Korea filed 1,492 AI security technology patents, a [...]
SEOUL, Nov. 25 (Korea Bizwire) — Major tech companies, including OpenAI and Google, are intensifying their efforts to collaborate with smartphone manufacturers as generative AI continues to revolutionize digital services. While AI applications have become a mainstay in desktop environments for tasks like document summarization and image generation, the mobile sector has yet to fully [...]
SEOUL, Nov. 25 (Korea Bizwire) — LG Group is ramping up its focus on the future by actively appointing talent in key emerging fields—artificial intelligence (AI), biotechnology, and clean tech (collectively referred to as ‘ABC’). The company is reshaping its business portfolio to enhance innovation and create new customer value, with a particular emphasis on [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korea has designated May 27 as Aerospace Day to commemorate the launch of the Korea AeroSpace Administration (KASA) and proclaim the country’s commitment to becoming a global space power, the national space agency said Monday. The day will be commemorated as a national memorial day starting next year, [...]