The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Jul. 1 (Korea Bizwire) – Samsung Electronics, the South Korean tech giant, saw a significant decrease in its tax and statutory charges last year, while experiencing a slight increase in labor costs, according to the company’s latest sustainability report. The 2024 Sustainability Report, released on June 28, reveals that Samsung’s global tax and statutory charges, [...]
SEOUL, Jul. 1 (Korea Bizwire) – The number of registered drones in South Korea has increased ninefold over the past five years, reflecting their growing popularity for various applications including package delivery, search operations, and video filming. According to data released on June 30 by the Korea Transportation Safety Authority, there were 59,871 registered drones in [...]
SEOUL, June 30 (Korea Bizwire) –LG Electronics announced on June 30 that it will launch its 2024 lineup of wireless OLED TVs featuring improved wireless transmission technology in both domestic and international markets. The new models boast significant improvements over their predecessors. The maximum refresh rate for 4K resolution has been increased from 120Hz [...]
SEOUL, June 30 (Korea Bizwire) – SK Group, South Korea’s chip-to-construction conglomerate, said Sunday it will secure 80 trillion won (US$58 billion) by 2026 for investments, mainly in artificial intelligence and semiconductors. Some 20 chief executives of the group’s major affiliates gathered at its research center in Icheon, 58 kilometers southeast of Seoul, from Friday [...]
SEOUL, June 30 (Korea Bizwire) – LG Electronics Inc., South Korea’s leading consumer electronics maker, said Sunday it has adopted human rights principles to avoid human rights violations within the company and its contracted companies. LG Electronics has integrated existing human rights-related rules and strengthened them in line with the United Nations Guiding Principles on [...]
SEOUL, Jun. 26 (Korea Bizwire) – Samsung Electronics announced on June 27 that it has partnered with KB Kookmin Card to introduce an innovative Internet of Things (IoT) credit card, leveraging low-energy Bluetooth (BLE) technology and Samsung’s SmartThings Find service. SmartThings Find is a specialized service that allows users to locate various Samsung devices, including Galaxy [...]
SEOUL, Jun. 27 (Korea Bizwire) – Samsung Electronics’ Device Solutions (DS) Division, responsible for the company’s semiconductor business, held its semi-annual global strategy meeting on June 26 to discuss ways to secure future competitiveness in the semiconductor industry. The meeting, chaired by DS Division head Kyung Kye-hun, was held at Samsung’s Hwaseong campus in Gyeonggi Province. [...]
SEOUL, Jun. 26 (Korea Bizwire) – Samsung Electronics and LG Electronics are ramping up their efforts to dominate the hotel TV market, showcasing upgraded televisions and specialized solutions at HITEC 2024, the world’s largest hospitality technology show, currently underway in Charlotte, North Carolina. Samsung revealed on June 25 that it has integrated Apple AirPlay functionality into [...]
SEOUL, Jun. 26 (Korea Bizwire) – A dramatic increase in illegal spam messages, many of which encourage stock investments, has prompted authorities to launch an emergency investigation to determine if the surge is due to hacking of SMS resellers or if these resellers are complicit in the activity. According to telecommunications authorities and industry insiders, the [...]
SEOUL, Jun. 26 (Korea Bizwire) – Samsung Electronics announced on June 25 that it will add four more languages to its Galaxy AI service, which includes interpretation capabilities, by the end of this year. The on-device real-time interpretation and translation function of Galaxy AI currently supports 16 languages, including Korean, Chinese, English, French, and Japanese. The [...]