The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Sept. 13 (Korea Bizwire) – Naver, the South Korean internet giant, is set to collaborate with Saudi Arabia’s Data and Artificial Intelligence Authority (SDAIA) to develop a large language model (LLM) based on Arabic, marking a significant step in the company’s Middle Eastern expansion strategy. On September 10, during the three-day Global AI Summit conference [...]
SEOUL, Sept. 12 (Korea Bizwire) – Samsung Electronics’ ambitious push into advanced chip manufacturing in the United States has encountered a significant setback, with the company recalling a majority of its Korean employees from its Taylor, Texas foundry project. This move signals a pause in the semiconductor giant’s drive to challenge Taiwan’s TSMC in the cutting-edge [...]
DAEJEON, Sept. 12 (Korea Bizwire) – The Korea Institute of Energy Research (KIER) has announced a breakthrough in urban electrification technology, leveraging artificial intelligence to stabilize renewable energy grids in cities. The development, announced on September 11, marks a significant step towards sustainable urban environments and carbon neutrality. Urban electrification, the process of transitioning city energy [...]
SEOUL, Sept. 12 (Korea Bizwire) – Krafton, the South Korean video game powerhouse behind global hit “PlayerUnknown’s Battlegrounds,” is making a significant pivot into the rapidly growing short-form drama market, signaling a major diversification effort for the company. On September 11, Krafton announced a 120 billion won equity investment in Spoonlabs, a company known for its [...]
SEOUL, Sept. 12 (Korea Bizwire) – In an effort to minimize damage from localized extreme rainfall, Gangnam District in Seoul has launched a pilot program for an advanced flood monitoring and prediction system, local officials announced on September 11. The system, which combines artificial intelligence (AI) and Internet of Things (IoT) technologies, has been dubbed the [...]
DAEJEON, Sept. 12 (Korea Bizwire) – In a breakthrough that could revolutionize sustainable energy production, researchers at the Korea Institute of Machinery and Materials (KIMM) have developed an energy harvester capable of generating electricity from seawater, the institute announced on September 11. Energy harvesters are devices designed to capture and convert ambient energy sources, such as [...]
SEOUL, Sept. 11 (Korea Bizwire) – With South Korea joining the list of first-wave release countries for the new iPhone, major telecommunications companies are seizing the opportunity to resurrect their offline launch events, abandoned since the iPhone 12 release. This marks a return to aggressive marketing strategies in the competitive smartphone market. Industry sources revealed on [...]
SEOUL, Sept. 10 (Korea Bizwire) – Two former Samsung Electronics officials arrested for stealing the chip giant’s trade secrets and human resources to build a copycat chip plant in China have been transferred to the prosecution for possible indictment, police said Tuesday. The two are identified as the chief of Chengdu Gaozhen (CHJS), surnamed Choi, [...]
SEOUL, Sept. 10 (Korea Bizwire) – A recent analysis has revealed that South Korean mobile carriers are charging more for LTE (4G) phone plans than for 5G plans, despite offering less data and slower speeds. This pricing strategy has raised concerns about fairness and potential overcharging of consumers. Rep. Choi Su-jin of the People Power Party, [...]
BERLIN, Sept. 10 (Korea Bizwire) – At IFA 2024, Europe’s largest consumer electronics trade show, industry giants Samsung and LG have taken a markedly different approach to their exhibits, emphasizing artificial intelligence (AI) integration over showcasing individual products. This strategy, while highlighting the companies’ vision for interconnected smart homes, has left some attendees yearning for the [...]