The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Oct. 27 (Korea Bizwire) – The market capitalization gap between Samsung Electronics Co. and SK hynix Inc. marked the lowest level in 13 years as of Friday, the main stock exchange said Sunday. Samsung Electronics’ market capitalization accounted for 15.85 percent, or 333.7 trillion won (US$240 billion), of the overall value of stocks listed [...]
SEOUL, Oct. 27 (Korea Bizwire) – SK hynix Inc., South Korea’s second-biggest chipmaker after Samsung Electronics Co., is likely to overtake the bigger rival this year for the first time in the chip business’ annual operating profit, brokerages said Sunday. SK hynix currently dominates the market for high-bandwidth memory (HBM) semiconductors used in artificial intelligence [...]
SEOUL, Oct. 25 (Korea Bizwire) – SK Hynix reported its highest-ever quarterly revenue and a dramatic return to profitability in the third quarter, driven by surging demand for artificial intelligence memory chips. The South Korean memory chip maker announced on October 24 that its revenue jumped 93.8% year-over-year to 17.57 trillion won in the July-September period, [...]
SEOUL, Oct. 24 (Korea Bizwire) – Samsung Electronics is broadening the linguistic reach of its Galaxy AI system, adding four new languages to bring the total number of supported languages to 20. The tech giant announced that Dutch, Romanian, Swedish, and Turkish will join the existing roster of 16 languages, which already includes Korean, Simplified Chinese, [...]
SEOUL, Oct. 24 (Korea Bizwire) – South Korean tech giant Kakao announced on October 23 that it is taking aggressive steps to integrate artificial intelligence into its workforce operations, signaling a major shift in how one of Asia’s leading technology companies approaches AI adoption. Speaking at the company’s annual developer conference “if kakao AI 2024″ at [...]
DAEJEON, Oct. 24 (Korea Bizwire) – The Electronics and Telecommunications Research Institute (ETRI) of South Korea announced on October 23 that it has developed an intelligent fire detection system capable of significantly reducing false alarms. According to the National Fire Agency, a staggering 96.6% of fire alarm responses between 2021 and July 2022 were triggered by [...]
SEOUL, Oct. 23 (Korea Bizwire) – NCSoft, one of South Korea’s largest gaming companies, announced on October 22 a major restructuring that will see it abandon several new intellectual properties (IPs) to refocus on its successful “Lineage” series and other massively multiplayer online role-playing games (MMORPGs). The company will shut down multiple projects, including “Battle Crush,” [...]
SEOUL, Oct. 23 (Korea Bizwire) — Hyundai Motor Group said Wednesday it has established a joint research body with the country’s leading robotics research institutions to cooperate in future robotics projects. The automotive group said it has launched the Robotics Joint Research Lab in partnership with Seoul National University (SNU), Pohang University of Science and [...]
ULSAN, Oct. 23 (Korea Bizwire) – Researchers at the Ulsan National Institute of Science and Technology (UNIST) have developed an innovative device aimed at alleviating depressive symptoms through guided writing exercises, the university announced on October 22. The device, developed by professor Kim Chajoong’s team at UNIST’s Department of Design, specifically targets individuals with anxious attachment [...]
SEOUL, Oct. 22 (Korea Bizwire) — The industry ministry on Tuesday kicked off the annual Korea Electronics Show (KES), where businesses will showcase their visions for a sustainable future through the use of cutting-edge artificial intelligence (AI) technologies. The KES 2024 will run for four days at the COEX convention center in southern Seoul, inviting [...]