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The latest technology news coverage. We bring you the latest information on what is happening in Korea today.

Augmented Reality App Revives Memorial for Korean Laborers Demolished in Japan

Augmented Reality App Revives Memorial for Korean Laborers Demolished in Japan

TOKYO, May 1 (Korea Bizwire) – A memorial honoring Korean workers during Japan’s colonial occupation, which was dismantled by authorities in Gunma Prefecture in January, has been digitally resurrected through an augmented reality (AR) application, according to a report by the Asahi Shimbun on April 30. The “AR Korean Workers’ Memorial” app allows users to virtually [...]

Samsung’s Mobile Business Shines Despite Smartphone Market Slump

Samsung’s Mobile Business Shines Despite Smartphone Market Slump

SEOUL, May 1 (Korea Bizwire) – Despite the global smartphone market’s contraction, Samsung Electronics’ mobile experience (MX) division reported robust first-quarter earnings, buoyed by the strong sales performance of its latest artificial intelligence (AI)-powered flagship, the Galaxy S24 series.  According to Samsung’s earnings release on April 30, the company’s MX and Networks divisions posted consolidated revenue [...]

Samsung Electronics Q1 Operating Profit Soars; Chip Biz Returns to Profit

Samsung Electronics Q1 Operating Profit Soars; Chip Biz Returns to Profit

SEOUL, Apr. 30 (Korea Bizwire) – Samsung Electronics Co. said Tuesday its operating profit shot up more than tenfold in the first quarter, with its chip business shifting to the black for the first time in five quarters. Samsung Electronics, the world’s largest maker of smartphones and memory chips, said its operating profit reached 6.6 [...]

Hanwha Systems to Break Ground on Space Center on Jeju Island

Hanwha Systems to Break Ground on Space Center on Jeju Island

SEOUL, Apr. 29 (Korea bizwire) — Hanwha Systems Co., a defense electronics and ICT solutions unit under Hanwha Group, said Monday it will hold a groundbreaking ceremony for a new space center on South Korea’s southern island of Jeju. The Jeju Hanwha Space Center, set to be built at Hawon Techno Campus in southern Jeju, [...]

KT Set to Transform Media Biz through AI

KT Set to Transform Media Biz through AI

SEOUL, Apr. 29 (Korea Bizwire) — South Korea’s telecommunications giant KT Corp. said Monday it will lead the transformation of the company’s media business by widely using its artificial intelligence capabilities and strengthening investments to spread Korean pop content in global markets. KT, the country’s No. 2 wireless carrier, said it is utilizing AI technology [...]

South Korean Researchers Pioneer Electrification of Carbon Capture Technology

South Korean Researchers Pioneer Electrification of Carbon Capture Technology

JEJU, Apr. 29 (Korea Bizwire) – Researchers in South Korea are exploring a promising approach to make carbon capture and utilization (CCU) technology more environmentally friendly by powering the energy-intensive process with electricity instead of fossil fuels.  At a symposium held on April 25 at the Jeju International Convention Center by the Korean Institute of Chemical [...]

South Korean Scientists Develop Innovative Anti-Counterfeiting ‘Smart Labeling’ Technology

South Korean Scientists Develop Innovative Anti-Counterfeiting ‘Smart Labeling’ Technology

SEOUL, Apr. 26 (Korea Bizwire) – A groundbreaking new labeling technology that prevents forgery and counterfeiting by engraving information instead of using adhesive stickers has been developed by a team of researchers in South Korea, according to an announcement by the Ministry of Science and ICT. The research, led by professor Rho Junsuk of the Pohang [...]

In Tech Rift, Japan Presses a Korean Internet Giant to Cede Control

In Tech Rift, Japan Presses a Korean Internet Giant to Cede Control

SEOUL, April 25 (Korea Bizwire) – A major Japanese internet company partly owned by Naver, South Korea’s biggest web portal, is facing pressure from Tokyo to strip the Korean tech firm of its controlling stake after a data breach last year, an extraordinarily aggressive move that threatens to upend a rare alliance between corporate giants from [...]

Break Down of South Korea’s Ambitious Initiatives to Lead in Cutting-Edge Technologies

Break Down of South Korea’s Ambitious Initiatives to Lead in Cutting-Edge Technologies

SEOUL, April 25 (Korea Bizwire) – South Korea’s government has finalized its blueprint to establish global leadership in three pivotal areas it deems “game changers” for the future: artificial intelligence semiconductors, advanced biotechnology and quantum technology. The Presidential Advisory Council on Science & Technology, the nation’s top decision-making body for science and technology issues chaired by [...]