The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Mar. 11 (Korea Bizwire) –Nexon Korea has initiated legal action against the Fair Trade Commission (FTC), challenging the sanctions imposed by the regulator over its sale of random-chance items in the popular online game MapleStory. The FTC had previously issued a corrective order and imposed a fine of approximately 11.6 billion won ($9.7 million) [...]
SEOUL, Mar. 11 (Korea Bizwire) — Smartphone users have been increasingly expanding their use of mobile cash cards on the back of more diversified access to banking services, the central bank said Monday. According to the Bank of Korea, the daily use of mobile cash cards for deposits and withdrawals averaged 536 cases through February [...]
SEOUL, Mar. 11 (Korea Bizwire) — Samsung Electronics Co. said Monday it will launch its latest Bespoke AI Combo washer-dryer globally within the second quarter of this year. The Bespoke AI Combo, which combines a 25 kilogram washing capacity with a 15 kg heat-pump drying capability, debuted in South Korea late last month. Within just [...]
SEOUL, Mar. 10 (Korea Bizwire) –The Seoul Metropolitan Government is set to embark on a pioneering pilot project to support its employees’ use of paid generative AI services, marking a proactive step towards integrating AI into their workflows. This initiative aims to break away from the traditionally closed and slow-to-change public service culture by embracing [...]
SEOUL, Mar. 10 (Korea Bizwire) –Samsung Display is set to pioneer a new era in the IT industry by launching the world’s first 8.6-generation Organic Light Emitting Diode (OLED) production line. The company announced the commencement of this groundbreaking project with an equipment installation ceremony at its Asan campus in South Chungcheong Province on March [...]
SEOUL, Mar. 8 (Korea Bizwire) – SK Hynix has successfully obtained a court injunction to prevent a former researcher from joining its rival, Micron Technology, in a case that underscores the intense competition and confidentiality concerns within the semiconductor industry. The Seoul Central District Court ruled in favor of SK Hynix on February 29, imposing [...]
SEOUL, Mar. 8 (Korea Bizwire) – LG Uplus has announced that its ‘Uth Youth Plan’ advertisement, the first in the industry to be crafted using artificial intelligence (AI)-generated content, has been awarded in the digital category at the 2024 Consumers’ Choice Best Ad awards. This innovative ad utilized LG Uplus’s proprietary AI technology, ‘ixi’, [...]
SEJONG, Mar. 8 (Korea Bizwire) – Amid intense global competition, particularly from the United States and China, in the utilization of Artificial Intelligence (AI) in the manufacturing sector, the South Korean government has initiated a comprehensive plan to systematically support the transition of private companies to AI autonomous manufacturing. During a meeting held in Seoul on [...]
SEOUL, Mar. 7 (Korea Bizwire) –Samsung Electronics announced on March 7 that its innovative “Bespoke Rug” campaign for home appliances has been awarded the grand prize at the 2024 Consumers’ Choice Good Ad Awards hosted by the Korea Advertisers Association and the Korea National Council of Consumer Organizations. The Bespoke Rug campaign was designed to [...]
SEOUL, Mar. 7 (Korea Bizwire) –South Korean tech giant Naver has announced a strategic partnership with the Saudi Public Transport Company (SAPTCO) to improve Saudi Arabia’s urban transport system through the deployment of an intelligent transportation system. This collaboration, formalized through a Memorandum of Understanding (MOU) on March 7, aims to leverage cutting-edge technologies like [...]