The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Apr. 5 (Korea Bizwire) – South Korea’s Ministry of Science and ICT has taken a major step towards streamlining the job application process by introducing “digital badges” based on blockchain technology. On April 4, the ministry signed an agreement with several government agencies, including the Korea Internet and Security Agency (KISA), the Korea Employment Information [...]
SEOUL, Apr. 4 (Korea Bizwire) – LG Electronics has introduced a specialized diagnostic monitor designed for detecting and evaluating microcalcifications and small lesions in the breast, the company announced on April 4. The new 21-inch display boasts a high resolution of 5 megapixels and features a luminance of 1,100 candelas per square meter and a [...]
SEOUL, Apr. 4 (Korea Bizwire) – In the competitive arena of consumer electronics, South Korean tech behemoths Samsung Electronics and LG Electronics are now embroiled in a high-stakes duel over the future of artificial intelligence (AI) in home appliances. This confrontation extends their historical rivalry beyond the realms of integrated washer-dryers and OLED televisions to the [...]
SEOUL, Apr. 4 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Thursday it will invest US$3.87 billion to build an advanced packaging fabrication and R&D facility in the United States amid intensifying competition in the high-performance artificial intelligence (AI) memory semiconductor sector. The new facility, located in West Lafayette, Indiana, will begin mass-producing [...]
SEOUL, Apr. 4 (Korea Bizwire) — South Korea will funnel 710.2 billion won (US$526.9 million) into the government’s projects to integrate artificial intelligence (AI) into everyday life, the science ministry said Thursday. The AI Strategy High-Level Consultative Council, a government-civilian panel for shaping AI policies, convened its inaugural meeting and approved the investment plan to [...]
SEOUL, Apr. 3 (Korea Bizwire) – Samsung Electronics on Wednesday unveiled its latest lineup of home appliance innovations with the global launch of its artificial intelligence (AI)-powered products in a bid to offer synchronizing consumer experiences worldwide. At a press conference in Seoul, the tech giant unveiled its latest BESPOKE AI home appliance lineup, including [...]
SEOUL, Apr. 3 (Korea Bizwire) – In a bold move to fortify its Artificial Intelligence (AI) chip development capabilities, Samsung Electronics has set its sights on securing top-tier AI talent, offering base salaries starting at an impressive 500 million won (approximately $420,000). This initiative underscores the tech giant’s commitment to reinforcing its AI semiconductor division amidst [...]
SEOUL, Apr. 2 (Korea Bizwire) – As cyberattacks escalate in South Korea, new data reveals that smaller enterprises are bearing the brunt of the damage, according to the Korea Internet and Security Agency (KISA). KISA figures show a sharp rise in reported cyber incidents, from 630 cases in 2020 to 1,227 in 2023 – nearly doubling [...]
WASHINGTON, Apr. 1 (Korea Bizwire) – The Office of the U.S. Trade Representative (USTR) has taken issue again with South Korean bills calling on foreign online content providers to pay network usage fees in a recent report, saying they could be “anticompetitive.” On Friday, the office issued the 2024 National Trade Estimate Report on Foreign [...]
SEOUL, Mar. 29 (Korea Bizwire) – LG Electronics, which defines artificial intelligence as an “empathetic intelligence” for customers, has unveiled the improved AI capabilities of its 2024 lineup of LG OLED TVs, highlighting a “differentiated AI customer experience.” On March 27, LG Electronics hosted a press event at its LG Science Park in Mapo-gu, Seoul, where [...]