The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, May 16 (Korea Bizwire) – Edwards, a leading British semiconductor equipment company, has inaugurated a new facility in Asan, South Chungcheong Province, dedicated to producing crucial components for extreme ultraviolet (EUV) lithography processes. The Ministry of Trade, Industry and Energy announced that Deputy Minister for Trade and Investment Choi Woo-seok attended the opening ceremony held [...]
SEOUL, May 15 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it will lead the South Korean home appliances market with an advanced artificial intelligence (AI) solution designed to connect all smart devices, simplifying domestic chores and reducing the time and effort required. “We have earned customer trust that Samsung Electronics is leading AI innovation [...]
SEOUL, May 14 (Korea Bizwire) — Photo-sharing app Instagram overtook Naver, the nation’s leading internet portal, as the third most popular mobile app in South Korea in terms of usage time last month, industry data showed Tuesday. South Koreans spent a combined 20.9 billion minutes on Instagram in April, according to the data by mobile [...]
SEOUL, May 14 (Korea Bizwire) – As Naver weighs selling its stake in LINE Yahoo to SoftBank, employees at LINE’s Korean subsidiaries are grappling with uncertainty about their future. Just six months after the merger of LINE and Yahoo Japan, Naver’s consideration of divesting its LINE Yahoo shares has sparked concerns about job security among workers. [...]
SEOUL, May 13 (Korea Bizwire) – The attention of South Koreans has intensified around the “Line crisis” triggered by demands from the Japanese government, including a review of Naver’s stake in the messaging app Line. This has led to a 15-fold surge in online searches for “Line” over the past four days. According to Naver Data [...]
SEOUL, May 13 (Korea Bizwire) — The labor union of Naver Corp. on Monday voiced opposition to a possible sale of stake in the operator of the popular Line messenger app, saying protecting employees and technology concerning the app should be top priority for Naver. Naver has been under pressure from the Japanese government to [...]
SEOUL, May 13 (Korea Bizwire) — South Korea will push to set up a package worth over 10 trillion won (US$7.28 billion) to support the chip industry as part of efforts to boost the competitiveness of the critical industry and to prop up economic growth, the finance ministry has said. The planned assistance program of [...]
SAN FRANCISCO, May 13 (Korea Bizwire) – At Ridge Vineyards, a renowned winery in Cupertino offering a distant view of Apple’s headquarters, some 50 Korean AI experts gathered on May 11, lured by an LG Electronics recruiting initiative. The invitees included AI specialists working at major tech companies and startups in Silicon Valley, Seattle and Los [...]
SEOUL, May 9 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Thursday it has developed a next-generation mobile NAND solution designed for on-device artificial intelligence (AI) applications. The new Zoned UFS (ZUFS) 4.0 is a NAND flash memory chip that improves efficiency of data management, and optimizes data transfer between operating system and [...]
JEJU, May 9 (Korea Bizwire) – On the scenic vacation of island of Jeju, South Korea, an innovative initiative is using drones to assist with beach cleanups and a range of public services, highlighting the region’s embrace of cutting-edge technologies. According to Jeju provincial authorities, a special project will be launched on the islands of Chagwido [...]