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The latest technology news coverage. We bring you the latest information on what is happening in Korea today.

Samsung Unveils Next-Gen Gaming Monitors at Gamescom 2024, Strengthening Market Position

Samsung Unveils Next-Gen Gaming Monitors at Gamescom 2024, Strengthening Market Position

SEOUL, Aug. 21 (Korea Bizwire) – Samsung Electronics has made a bold statement at Gamescom 2024, the world’s largest gaming exhibition, by unveiling a range of cutting-edge gaming monitors. The event, running from August 21 to 25 in Cologne, Germany, has attracted about 1,400 hardware, software, and game content producers. In its largest exhibition space to [...]

SK Telecom to Open AI Data Center

SK Telecom to Open AI Data Center

SEOUL, Aug. 21 (Korea Bizwire) — SK Telecom Co., South Korea’s leading mobile carrier, said Wednesday it will open an artificial intelligence (AI) data center using Nvidia’s graphic processing units (GPU) in December. SK Telecom will join hands with U.S. GPU cloud provider Lambda to transform its existing data center in Seoul into an AI [...]

Samsung’s AI TVs Set to Redefine Home Entertainment, Executive Says

Samsung’s AI TVs Set to Redefine Home Entertainment, Executive Says

SEOUL, Aug. 16 (Korea Bizwire) – In a bold vision for the future of television technology, Samsung Electronics is betting big on artificial intelligence to transform the viewing experience and revolutionize home connectivity.  Yong Seok-woo, President of Samsung’s Visual Display Business, announced on August 15 that the company aims to “open up new experiences with AI [...]

KT Unveils Lightweight 5G Network Solution for Better Corporate Security and Efficiency

KT Unveils Lightweight 5G Network Solution for Better Corporate Security and Efficiency

SEOUL, Aug. 16 (Korea Bizwire) – South Korean telecom giant KT Corporation has announced a breakthrough in corporate networking technology with its new “lightweight 5G business network” solution. The company revealed on August 15 that this innovation aims to alleviate the burden of infrastructure construction for businesses and public institutions. The 5G business network service is [...]

LG Display’s OLED Sales Surge, Driven by iPad Pro and Automotive Displays

LG Display’s OLED Sales Surge, Driven by iPad Pro and Automotive Displays

  SEOUL, Aug. 15 (Korea Bizwire) – In the first half of this year, LG Display’s sales of panels for information technology (IT) devices such as tablets and laptops surged, comprising over 40 percent of the company’s total revenue. This significant growth is largely attributed to the timely supply of organic light-emitting diode (OLED) panels for [...]

South Korea Launches $834 Million Fund to Boost AI Chip Industry

South Korea Launches $834 Million Fund to Boost AI Chip Industry

SEOUL, Aug. 15 (Korea Bizwire) – The South Korean government is set to deploy a substantial semiconductor ecosystem fund starting in the third quarter of this year, targeting fabless chip design companies for scale-ups and mergers and acquisitions (M&A). This move is part of a broader strategy to expand the country’s semiconductor value chain beyond memory [...]

Kakao Pay Halts Data Sharing with Alipay Amid Regulatory Probe into Massive User Data Leak

Kakao Pay Halts Data Sharing with Alipay Amid Regulatory Probe into Massive User Data Leak

SEOUL, Aug. 14 (Korea Bizwire) – Kakao Pay, a leading digital payment service in South Korea, announced on Wednesday that it has ceased sharing user information with Alipay since mid-May, following a controversial breach involving the unauthorized disclosure of personal credit data. In a statement, Kakao Pay revealed that the suspension of information sharing began on [...]