The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Jul. 22 (Korea Bizwire) — Kim Beom-su, the founder of Kakao Corp., was to attend a court hearing Monday on an arrest warrant requested for him over alleged stock price manipulation related to the firm’s takeover of K-pop powerhouse SM Entertainment last year. The Seoul Southern District Court was scheduled to hold a hearing [...]
SEOUL, Jul. 22 (Korea Bizwire) – As new technologies emerge that can predict menstrual cycles and detect sleep apnea by collecting biometric data during sleep, including heart rate, blood sugar levels, and stress indicators, the South Korean government has initiated efforts to draft legislation to address these developments. The Personal Information Protection Commission (PIPC) aims to [...]
SEOUL, July 20(Korea Bizwire) – Some low-cost airlines in South Korea had fully restored their check-in and booking systems 12 hours after disruptions caused by a global technical outage, which also affected the IT and financial sectors around the globe, the state-run airport operator said Saturday. Incheon International Airport Corp. said three budget airlines — [...]
SEOUL, July 19 (Korea Bizwire) – Some low-cost airlines and game companies in South Korea saw problems with booking or experienced interruptions in their servers Friday, industry sources said, in an apparent IT disruption that affected the global airline and financial sectors. The cyber outage affected the airport ticketing of Jeju Air Co., Eastar Jet [...]
SEOUL, Jul. 19 (Korea Bizwire) – LG Electronics is ramping up its smart factory solutions business, leveraging 66 years of manufacturing and production data combined with artificial intelligence (AI) and digital transformation (DX) technologies. The company aims to aggressively enter industrial sectors with anticipated growth in factory demand, with the goal of achieving revenue of 1 [...]
DAEJEON, Jul. 19 (Korea Bizwire) – In a breakthrough that could revolutionize law enforcement, South Korean researchers have developed artificial intelligence technology capable of predicting criminal activity before it occurs. The Electronics and Telecommunications Research Institute (ETRI) announced on July 18 that it has created a system called Dejaview that analyzes CCTV footage, crime statistics, and [...]
SEOUL, Jul. 18 (Korea Bizwire) — LG Electronics Co. said Thursday it aims to achieve over 1 trillion won (US$725.2 million) in sales from its smart factory solution business by 2030, leveraging its artificial intelligence technologies and manufacturing expertise. This year, the South Korean home appliance giant entered the smart factory solution market, offering technologies [...]
SEOUL, Jul. 18 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has acquired the British artificial intelligence and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities. The South Korean tech giant signed an agreement to take over the U.K.-based startup on Tuesday (British time). But it [...]
SEOUL, Jul. 18 (Korea Bizwire) – Samsung Electronics and Tesla have officially rolled out their jointly developed energy management service, marking a significant step in smart home technology integration. As of late last month, Tesla users in the United States can now utilize Samsung’s SmartThings Energy platform to monitor their Tesla solar panel power production, remaining [...]
SEOUL, Jul. 17 (Korea Bizwire) – LG Electronics has once again demonstrated its dominance in the audio-visual technology sector, securing 16 awards at the highly respected Visual Grand Prix (VGP) 2024 Summer Awards in Japan. The company announced its impressive haul on July 16, highlighting the recognition received by its TV and monitor products. The VGP [...]