The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of US$6.4 billion from the U.S. government and its extended investment plan. Under the Biden Administration’s announcement, the South Korean chipmaker was to receive [...]
SEOUL, Apr. 16 (Korea Bizwire) — SK Group, South Korea’s chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK Group’s emergence was helped by a sharp increase in the value of its chip-making affiliate, SK hynix Inc., [...]
SEOUL, Apr. 15 (Korea Bizwire) — Major smartphone manufacturers are taking steps to grant consumers greater “right to repair” their devices amidst growing demands. On April 11, Apple announced that certain iPhone models can now be repaired using recycled components. Previously, iPhone users had to undergo “part pairing” when self-repairing their devices, only allowing parts that [...]
SEOUL, Apr. 15 (Korea Bizwire) — LG Energy Solution, a major battery manufacturer, announced on April 14 that it is adopting generative artificial intelligence technology across its operations to better analyze customer needs and maximize operational efficiency. One of the first AI-powered tools implemented is the “YouTube Trend Report,” which utilizes AI to analyze battery-related videos [...]
SEOUL, Apr. 12 (Korea Bizwire) — Samsung Electronics’ innovative all-in-one washer-dryer, introduced in South Korea in February, has achieved a successful market entry, defying expectations that the novel form factor might face an uphill battle for consumer adoption. The “Bespoke AI Combo,” which combines washing and drying functions into a single appliance, immediately captured consumer interest [...]
SEOUL, Apr. 12 (Korea Bizwire) — Miele Korea, the South Korean subsidiary of the German premium home appliance brand, is struggling to maintain its footing, with operating profits plunging a staggering 83% last year compared to 2021. In a bid to douse the flames, the company has recruited Choi Moonsup, the former head of Mulberry Korea, [...]
SEOUL, Apr. 12 (Korea Bizwire) — South Korea and the United States have launched a bilateral working group on artificial intelligence (AI) focused on boosting tech cooperation and advancing joint research, the foreign ministry said Friday. The launch of the working group was approved last December at the inaugural South Korea-U.S. Next Generation Critical and [...]
SEOUL, Apr. 12 (Korea Bizwire) —South Korea and Britain will jointly host a summit on artificial intelligence (AI) in May, the presidential office said Friday. The AI Seoul Summit, scheduled for May 21-22, is a follow-up to the AI Safety Summit held in England last November with the participation of countries including South Korea, the [...]
SEOUL, Apr. 12 (Korea Bizwire) — Kakao Corp. said Friday it has joined a global consortium that promotes open-source artificial intelligence (AI) research and development, becoming the first South Korean corporate member of the initiative. Kakao said it is the first South Korean firm to join the AI Alliance led by global tech giants IBM [...]
SEOUL, Apr. 12 (Korea Bizwire) – The district of Jung-gu in Incheon has launched a mobile application aimed at preventing isolated deaths among its growing population of single-person households, officials announced on Tuesday. The “Safe eJung-gu” app is designed to automatically send emergency text message alerts to pre-registered guardians if the user, deemed at high risk [...]