The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
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 [...]
SEOUL, Mar. 28 (Korea Bizwire) –In an effort to reimagine home electronics as part of interior design, Samsung Electronics has introduced a speaker that doubles as a framed art display, blurring the line between audio equipment and decorative home accents. The product, called the Music Frame, looks every bit like a standard picture frame when [...]
SEOUL, Mar. 28 (Korea Bizwire) – A team of South Korean researchers has developed a pioneering technology that utilizes a microorganism found in animal feces to reduce carbon dioxide emissions from ships and even produce alcohol as a byproduct. This breakthrough is expected to aid the shipping industry and other sectors in reducing their greenhouse gas [...]
SEOUL, Mar. 27 (Korea Bizwire) – The battle for market dominance between Samsung Electronics and LG Electronics in AI-powered appliances and OLED televisions spilled over into the companies’ annual shareholder meetings this week, as top executives touted their firms’ technological prowess. At LG’s annual meeting on March 26, Cho Joo-wan, the company’s chief executive, emphasized that [...]
SEOUL, Mar. 27 (Korea Bizwire) — South Korea and the European Union (EU) have agreed to conduct joint research projects on advanced semiconductor and next-generation communications network technologies in the next three years, Seoul’s science ministry said Wednesday. Under the agreement, South Korea and the EU will jointly invest 12 million euros (US$12.98 million) on [...]
SEOUL, Mar. 27 (Korea Bizwire) — LG Group said Wednesday it will invest 100 trillion won (US$74.4 billion) in South Korea by 2028 to sharpen future technologies and seek new growth drivers. Unveiled at the group’s annual shareholders meeting in Seoul, the long- and mid-term investment plan places an emphasis on advancing future technologies, including [...]
SEOUL, Mar. 25 (Korea Bizwire) –The Ministry of Science and ICT (MSIT) has announced the launch of the ‘Kiosk UI Platform’ starting March 26, aimed at simplifying the development of accessible kiosks that ensure information access for the elderly and disabled communities. To create user-friendly kiosks for all citizens, the MSIT has established UI design [...]
SEOUL, Mar. 25 (Korea Bizwire) — SK Telecom has announced that its artificial intelligence (AI) personal assistant ‘A.’ (pronounced A Dot) will now provide crowding information for 37 popular cherry blossom viewing locations across the country. Through the A. application, users can access anticipated crowd levels by day and time slot, real-time congestion updates, recent [...]