The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Mar. 20 (Korea Bizwire) — Samsung Electronics Co., the world’s largest maker of memory chips, said Wednesday that macroeconomic uncertainties are expected to be high this year but vowed to embrace a new opportunity in the rise of artificial intelligence (AI). “Although uncertainties in the macroeconomic environment are expected to be high this year, [...]
SEOUL, Mar. 20 (Korea Bizwire) – Samsung Electronics is running its domestic production lines for the Bespoke AI Combo at full capacity to keep up with robust consumer demand, aiming to ensure smooth delivery of the innovative laundry solution. Samsung announced on March 19 that the Bespoke AI Combo had an impressive start, selling 1,000 units [...]
SEOUL, Mar. 19 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Tuesday it has started mass production of the latest high band width memory (HBM) chips, solidifying its leadership position in the high-performance artificial intelligence (AI) memory semiconductor sector. It came seven months after the company announced the development of the fifth-generation HBM3E [...]
SEOUL, Mar. 19 (Korea Bizwire) – For artificial intelligence to truly shine, it needs to intimately understand user preferences, habits and idiosyncrasies — the more personal data, the better for AI to seamlessly control smart home appliances and devices. But as AI burrows deeper into private lives, concerns over data security intensify. With the treasures of [...]
SEOUL, March 18 (Korea Bizwire) – South Korea’s antitrust regulator has launched an on-site inspection into over-the-top streaming platforms Netflix and Wavve on suspicions of their failure to properly notify users of terms of an early subscription cancellation, officials said Monday. The Fair Trade Commission (FTC) sent inspectors to their respective offices in Seoul and [...]
SEOUL, Mar. 18 (Korea Bizwire) – With Samsung Electronics and LG Electronics unveiling their new flagship TV lineups and premium all-in-one washer-dryer combos for 2024, the fierce rivals have engaged in an increasingly acrimonious marketing battle, taking thinly veiled shots at each other’s claims of superiority. The dispute began when Han Jong-hee, the CEO of Samsung’s [...]
SEOUL, Mar. 18 (Korea Bizwire) – The Korea Electric Power Corporation (KEPCO), one of South Korea’s largest state-run companies, is breaking new ground by deploying artificial intelligence to assist in identifying and recommending talent for key leadership positions. The power utility has developed an “AI-based talent recommendation system” that taps HR and job performance data to [...]
SEOUL, Mar. 17 (Korea Bizwire) – Following a streak of losses, Samsung Electronics’ semiconductor division is on the brink of a financial turnaround, with projections indicating a shift to profitability in the first quarter of this year. This anticipated recovery follows SK Hynix’s successful return to profit, signaling an end to the prolonged semiconductor industry [...]
SEOUL, Mar. 15 (Korea Bizwire) – Seoul’s subway system is set to become more tourist-friendly with the expansion of an Artificial Intelligence (AI) interpretation system in 11 stations, facilitating real-time conversations between foreign visitors and station staff in their native languages. Seoul Metro announced on March 14 that the ‘Simultaneous Foreign Language Conversation System’ will be [...]
SEOUL, Mar. 15 (Korea Bizwire) – Samsung Electronics announced the launch of its new Bespoke refrigerator models on March 14, featuring improved energy-saving capabilities powered by artificial intelligence (AI). The 2024 Bespoke refrigerator series incorporates a next-generation digital compressor and an AI Energy Mode across all models, designed to reduce power consumption. The next-generation digital compressor [...]