The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Dec. 2 (Korea Bizwire) — LG Electronics has been selected as “Best TV Brand” at the Euroconsumer Awards 2025, reinforcing its dominance in one of the world’s most competitive premium television markets, the company said Monday. The annual awards are jointly organized by consumer media outlets in Belgium, Portugal, Spain, Italy and Brazil—members of the [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean online platforms were seen carrying out emergency reviews of their data protection status, with Coupang Inc. widely expected to face major fines following a data breach, sources said Monday. On Saturday, the U.S.-listed e-commerce giant said personal information of 33.7 million customers has been compromised, far higher [...]
SEOUL, Dec. 1 (Korea Bizwire) — The South Korean government has received the first batch of Nvidia Corp.’s graphics processing units (GPUs) as part of the company’s plan to deploy 260,000 units to the country, government sources said Monday. The government executed 1.4 trillion won (US$952.7 million) in budget to bring in 13,000 GPUs from [...]
SEOUL, Dec. 1 (Korea Bizwire) — OLED panels now account for nearly 80 percent of the premium gaming monitor market, solidifying South Korea’s dominance in a fast-growing display segment and validating the strategic shift by Samsung Display and LG Display toward higher-value technologies. According to IDC data released Sunday, OLED penetration in gaming monitors priced above [...]
SEOUL, Nov. 30 (Korea Bizwire) — South Korea’s top electronics makers, Samsung Electronics and LG Electronics, have been named among the most desirable employers in the United States, according to a new ranking by Forbes, underscoring the companies’ strong reputation in one of the world’s most competitive labor markets. Forbes, working with market research firm Statista, [...]
SEOUL, Nov. 30 (Korea Bizwire) — Anxiety is rising in South Korea after a massive data breach at e-commerce heavyweight Coupang, which local officials said Sunday may have gone undetected for months. The U.S.-listed retailer said Saturday that personal information belonging to 33.7 million customers—virtually its entire user base—was compromised. The exposed data includes names, [...]
SEOUL, Nov. 28 (Korea Bizwire) — LG Electronics Co. on Friday unveiled a new 200 billion-won (US$136.5 million) shareholder return program for the next two years, with detailed plans to be announced in the near future. The company also plans to retire its remaining treasury stock of 1,748 common shares and 4,693 preferred shares after [...]
SEOUL, Nov. 28 (Korea Bizwire) — SK hynix Inc. topped the global market for dynamic random-access memory (DRAM) in the July-September period, data showed Friday, maintaining its lead for three consecutive quarters. SK hynix accounted for 34.1 percent of the global DRAM market in terms of sales in the third quarter, keeping the top spot [...]
SEOUL, Nov. 28 (Korea Bizwire) — Nearly nine in ten of South Korea’s top 500 companies are using artificial intelligence in some form to manage personnel tasks, and more than one in five already rely on AI in hiring decisions, according to a government survey released Friday. The annual “2025 Corporate Hiring Trends Survey,” conducted by [...]
SEOUL, Nov. 28 (Korea Bizwire) — South Korea will issue its first government-backed ethics guidelines for the use of generative artificial intelligence on university campuses, amid a surge in cheating cases involving AI tools such as ChatGPT. According to the office of Kim Yong-tae, an opposition lawmaker who sits on the National Assembly’s Education Committee, the [...]