The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Nov. 4 (Korea Bizwire) – Major gaming companies are intensifying their competition in the top-down perspective combat game market, with several high-profile titles scheduled for release around 2025, all emphasizing real-time player-versus-player combat and cross-platform gameplay. According to industry sources on November 2, Krafton will showcase its upcoming title “Project Arc” at G-STAR, Korea’s largest [...]
SEOUL, Nov. 2 (Korea Bizwire) – A new study warns that the proliferation of cashless businesses could disproportionately impact older consumers who rely heavily on cash and have lower digital literacy, according to research released October 31 by the Bank of Korea. The study, conducted by Lee Kyungtae of the Bank of Korea’s Financial and Monetary [...]
SEOUL, Nov. 1 (Korea Bizwire) — The navies of South Korea and the United States have agreed to create a joint cooperative group on maritime science and technology, officials said Friday, amid efforts to deepen bilateral defense and technology ties. Representatives from the two sides signed an initial agreement to form the Maritime Science, Technology [...]
SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s national space agency said Friday it plans to send a solar coronagraph jointly developed with the United States to the International Space Station (ISS) to study the sun’s outer atmosphere, or corona, and solar wind. The Coronal Diagnostic Experiment (CODEX), a collaboration between the Korea AeroSpace Administration [...]
SEOUL, Nov. 1 (Korea Bizwire) – Two South Korean technology giants have secured spots on TIME magazine’s prestigious “Best Inventions of 2024″ list, highlighting the country’s continued dominance in consumer electronics innovation. Samsung Electronics announced on October 31 that its 2024 Neo QLED 8K television and Music Frame speaker were recognized in the Consumer Electronics and [...]
SEOUL, Oct. 31 (Korea Bizwire) – The International Electrotechnical Commission (IEC) has officially adopted LG Display’s pioneering method for evaluating color perception differences as an international standard, the company announced on October 31. The certification by the IEC, one of the world’s three major standardization organizations recognized by the World Trade Organization, represents a significant milestone [...]
DAEJEON, Oct. 31 (Korea Bizwire) – The Korea Institute of Machinery and Materials (KIMM) announced on October 30 that it has developed an innovative laser cutting technology capable of safely dismantling nuclear reactors underwater. The development comes at a crucial time as South Korea faces an increasing need for reactor dismantling technology, with multiple nuclear power [...]
SEOUL, Oct. 31 (Korea Bizwire) – LG Electronics is entering the modular housing market with its new LG Smart Cottage, a compact dwelling that integrates artificial intelligence-enabled appliances with advanced heating, ventilation, and air conditioning (HVAC) technology. The South Korean technology giant announced on October 30 that it has launched a dedicated website for the Smart [...]
SEOUL, Oct. 30 (Korea Bizwire) – With the U.S. presidential election just a week away, American protectionist policies appear to be intensifying, creating complex calculations for South Korean companies trying to maintain their competitive edge in a rapidly evolving global market. While U.S.-China tensions are expected to continue regardless of who wins, the candidates’ divergent approaches [...]
SEOUL, Oct. 30 (Korea Bizwire) — South Korea’s national space agency said Wednesday it will join hands with the U.S. National Aeronautics and Space Administration (NASA) to conduct studies related to the moon exploration Artemis program. The Korea AeroSpace Administration (KASA) has signed a study agreement on the Artemis program with NASA, aimed at conducting [...]