The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Aug. 5 (Korea Bizwire) – South Korea is set to develop an artificial intelligence (AI) video analysis system aimed at preventing railway accidents caused by human error, such as train operator mistakes. The Korea Transportation Safety Authority (KTSA) recently commissioned a research project titled Development of AI-assisted Train Operation Support Technology. This initiative seeks to [...]
SEOUL, Aug. 4 (Korea Bizwire) – LG Electronics celebrated the graduation of students from its LG-KOICA Hope Vocational Training School in Phnom Penh on July 30, the company announced on August 4. The Hope Vocational Training School is an initiative by LG in collaboration with the Korea International Cooperation Agency (KOICA) to provide technical education for [...]
SEOUL, Aug. 3 (Korea Bizwire) –Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed smartphone-based technology to detect counterfeit baby formula, potentially offering a simple solution to a problem that has plagued consumers for years. The research team, led by professor Han Jun from KAIST’s School of Computing, collaborated with Yonsei [...]
SEOUL, Aug. 2 (Korea Bizwire) – In a promising turn for South Korea’s tech industry, the automotive electronics sector is emerging as a steady performer, even as the broader consumer electronics and semiconductor markets show signs of recovery. Samsung Electronics and LG Electronics, two of the country’s largest conglomerates, have seen their automotive divisions transform from hidden [...]
SEOUL, Aug. 1 (Korea Bizwire) – Samsung Electronics Co.’s largest labor union on Thursday urged company Chairman Lee Jae-yong to intervene in a weekslong strike after wage negotiations failed. “It’s time for Chairman Lee to come forward and clarify his position to resolve the general strike,” the National Samsung Electronics Union (NSEU) said at a [...]
SEOUL, Aug. 1 (Korea Bizwire) – In a setback to Samsung Electronics’ ambitious healthcare expansion plans, the tech giant is facing criticism over battery drain issues in its latest smartwatch. This comes on the heels of quality concerns surrounding its Bluetooth earphones, once again putting the company’s product reliability under scrutiny. Reports have emerged of abnormal [...]
SEOUL, July 31 (Korea Bizwire) – A new data-sharing initiative in South Korea has sparked concerns about potential risks to consumer privacy and the competitiveness of domestic businesses. Experts warn that the MyData system, set to be implemented across all sectors by March of next year, could inadvertently lead to the cheap sale of Korean consumer [...]
SEOUL, July 31 (Korea Bizwire) – Samsung Electronics Co. said Wednesday sales of high-performance high bandwidth memory (HBM) products soared more than 50 percent in the second quarter from three months earlier, driven by a boom in generative artificial intelligence. “The memory market continued to be strong in the second quarter, fueled by strong demand [...]
SEOUL, Jul. 31 (Korea Bizwire) – The portable gaming market, which saw renewed consumer interest following the 2022 release of the Steam Deck, is experiencing intensified competition as console manufacturers join hardware makers in the race for market share. Sony Interactive Entertainment Korea (SIEK) announced on July 29 that it will officially launch the PlayStation Portal, [...]
SEOUL, Jul. 31 (Korea Bizwire) – A recent report by CJ ENM’s digital marketing firm MezzoMedia reveals a growing trend among South Korean consumers: maximizing value from limited time across shopping, gaming, and content consumption. The 2024 Consumer Trends Series report, released on July 29, highlights consumers’ increasing preference for products and services that minimize wasted [...]