The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Jul. 9 (Korea Bizwire) — Texas Governor Greg Abbott visited Samsung Electronics Co.’s semiconductor facility in South Korea on Tuesday, expressing his appreciation for the company’s investments in the U.S. state. He toured Samsung’s Pyeongtaek Campus, located approximately 60 kilometers south of Seoul, looking around the chip production line and various products, according to [...]
SEOUL, Jul. 9 (Korea Bizwire) – In an unprecedented move, Samsung Electronics’ largest labor union, the National Samsung Electronics Union (NSEU), launched a three-day general strike on July 8, marking the first time in the company’s history that employees have engaged in a “no work, no pay” strike. With over 6,500 union members participating, concerns are [...]
SEOUL, Jul. 8 (Korea Bizwire) – In a surprising turn of events, private label (PB) home appliances are making significant inroads into the South Korean market, traditionally dominated by major corporate brands. This trend, driven by cost-conscious consumers amid high inflation, is reshaping the landscape of the home appliance industry. A prime example of this shift [...]
SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s major mobile carrier, said Monday it will join hands with Singapore’s leading telecommunications company, Singtel, to improve their next-generation network technologies as part of efforts to take the helm of the global telco market. Under the memorandum of understanding, SK Telecom and Singtel will [...]
SEOUL, July 7 (Korea Bizwire) – Unionized workers of Samsung Electronics Co. are set to stage a three-day general strike this week as their negotiations with the management over wages and working conditions fell through. The National Samsung Electronics Union (NSEU), the biggest labor union with 28,000 members, announced plans for the Monday-Wednesday strike last [...]
SEOUL, Jul. 5 (Korea Bizwire) – Samsung Electronics, the world’s largest memory chip maker, has announced a significant increase in performance bonuses for its semiconductor division, signaling a recovery in the chip market after a challenging year. Employees in the company’s Device Solutions (DS) division, which oversees semiconductor operations, will receive bonuses of up to 75% [...]
SEOUL, Jul. 5 (Korea Bizwire) – Nexon, a leading South Korean game developer, is ramping up efforts to launch its blockchain-based game MapleStory N, which has been in development since 2022. The company has begun recruiting testers, signaling a move towards the game’s official release. According to industry sources on July 4, NexSpace, a Nexon subsidiary, [...]
SEOUL, July 4 (Korea Bizwire) – LG Electronics announced on July 4 that the New York Yankees, one of America’s most prestigious professional baseball teams, have joined its “Protecting Endangered Animals with LG” campaign. The initiative, which aims to raise awareness about biodiversity, features stunning and dynamic images of animals threatened by climate change on electronic [...]
SEOUL, July 4 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chipmaker, has newly set up a unit dedicated to developing high bandwidth memory (HBM) in a bid to regain the leadership in the artificial intelligence semiconductor market, industry sources said Thursday. The new HBM development team, part of an organizational overhaul of [...]
SEOUL, Jul. 4 (Korea Bizwire) – The South Korean Ministry of National Defense announced on July 3 the launch of a specialized generative artificial intelligence (AI) service for defense operations, accessible through its internal network. Similar to ChatGPT, the popular AI service developed by OpenAI, this new platform allows users to engage in chat-based interactions to [...]