The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
DAEJEON, Dec. 23 (Korea Bizwire) – In a significant advance for cancer treatment, researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a novel technique that transforms colon cancer cells into normal-like cells without destroying them, the institute announced on December 22. The research team, led by professor Cho Kwang-hyun from the [...]
SEOUL, Dec. 22 (Korea Bizwire) – Micron Technology, the world’s third-largest memory chipmaker, is intensifying efforts to recruit South Korean semiconductor engineers in a bid to enhance its position in the high-bandwidth memory (HBM) market, critical for artificial intelligence (AI) applications. The company has been conducting interviews in hotels near Seoul’s technology hub, Pangyo, targeting engineers [...]
SEOUL, Dec. 22 (Korea Bizwire) – LG Electronics has unveiled LG Radio+, an audio content service enabling users to enjoy radio and podcasts through its proprietary webOS smart TV platform, the company announced on December 22. The service, offered in partnership with global audio content provider Radioline, allows users to access content for free by watching [...]
WASHINGTON & SEOUL, Dec. 21 (Korea Bizwire) – The Biden administration has reduced subsidies for Samsung Electronics’ semiconductor investments in the United States by 26%, sparking questions about the rationale behind the decision. The U.S. Department of Commerce announced on December 20 that Samsung will receive $4.745 billion (approximately 6.9 trillion won) in subsidies under the [...]
SEOUL, Dec. 20 (Korea Bizwire) – A former Samsung executive has been indicted for arranging the transfer of key semiconductor experts to a Chinese company in exchange for approximately ₩300 million ($207,000) in referral fees. The Seoul Central District Prosecutors’ Office announced the charges on December 20, citing violations of the Employment Security Act and the [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korea’s Statistical Office released its 2024 Social Trends report on December 19, revealing significant insights into the potential impact of artificial intelligence (AI) on jobs, rising obesity rates, and shifting societal behaviors. AI and Job Displacement AI technologies like ChatGPT could replace 2.7 million jobs, nearly 10% of [...]
SEOUL, Dec. 19 (Korea Bizwire) – China’s TV industry has made a significant leap in the global premium market, with leading brands TCL and Hisense overtaking South Korea’s Samsung Electronics in key segments. According to market research firm Omdia, TCL captured 23% of the 80-inch-and-above TV market in Q3 2024, maintaining its lead over Samsung for [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Korean industry and academia have proposed creating a “KSMC” (Korea Semiconductor Manufacturing Company), modeled after Taiwan’s TSMC, to address challenges facing the nation’s semiconductor industry. The plan, revealed at a seminar held by the National Academy of Engineering of Korea (NAEK) on December 18, aims to build a [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Koreans will soon be able to benefit from a new service that analyzes their usage patterns to recommend optimal smartphone plans, according to an announcement by the Ministry of Science and ICT on December 18. The initiative was approved along with four other regulatory exemptions during the 38th New [...]
SEOUL, Dec. 19 (Korea Bizwire) – The Korea Institute of Science and Technology (KIST) announced on December 18 that its team, led by senior researcher Kwak Sona from the Intelligent Interaction Research Center, received the top award in the Innovative Prototype category at the International Conference on Social Robotics (ICSR). Their winning entry, the oOoBOT, [...]