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The latest technology news coverage. We bring you the latest information on what is happening in Korea today.

Cashless Economy Encroaches on Everyday Life

Cashless Economy Encroaches on Everyday Life

SEOUL, Oct. 12 (Korea Bizwire) — On an ordinary weekday in downtown Seoul a middle-aged woman walks into a Starbucks to order a cup of coffee. When she takes some paper bills out of her purse to pay the cashier, he politely refuses them and points to a notice at the entrance. “This store doesn’t [...]

S. Korean Smartphone Makers Join Trend of Multi-camera Handsets

S. Korean Smartphone Makers Join Trend of Multi-camera Handsets

SEOUL, Oct. 12 (Korea Bizwire) — South Korean smartphone makers have released smartphones with three or more rear cameras in line with rising demand from the industry for handsets with premium photography features. Samsung Electronics showcased the Galaxy A9 smartphone earlier this week, which marked its first handset to come with a whopping four rear [...]

Naver Looks beyond Network Service, Targets ‘Living Environment’ Technology

Naver Looks beyond Network Service, Targets ‘Living Environment’ Technology

SEOUL, Oct. 11 (Korea Bizwire) — South Korea’s top portal operator, Naver Corp., on Thursday announced a business blueprint that moves beyond its existing online and network business and focuses on technology that is linked to the living environment. “The key technological strategy that Naver is pushing is living environment intelligence,” Song Chang-hyun, the company [...]

Corporate Messaging through KakaoTalk Rising Sharply: Data

Corporate Messaging through KakaoTalk Rising Sharply: Data

SEOUL, Oct. 11 (Korea Bizwire) — The number of corporate messaging services through the country’s top mobile messenger KakaoTalk is surging and forecast to reach 15 billion this year, data showed Thursday. In September 2015, the company launched the so-called Notification Talk, or Allim Talk, service that allows corporations such as shopping malls and credit [...]

Ministry of Agriculture Struggles to Develop Useful Apps

Ministry of Agriculture Struggles to Develop Useful Apps

SEOUL, Oct. 11 (Korea Bizwire) — One third of the smartphone applications released by government entities falling under the Ministry of Agriculture, Food and Rural Affairs (MAFRA) have been discontinued. According to MAFRA data submitted to Rep. Lee Man-hee of the Liberty Korea Party, a total of 109 smartphone apps were released by 16 government [...]

Algorithm Simplifies Control Pod Replacement at Nuclear Power Plants

Algorithm Simplifies Control Pod Replacement at Nuclear Power Plants

SEOUL, Oct. 11 (Korea Bizwire) – South Korean researchers have discovered what they’re saying is the optimal method of moving control rods, using industrial mathematics. According to the National Institute for Mathematical Science (NIMS), fuel and control rods used in the previous cycle at nuclear power plants are taken to the Spent Fuel Pit (SPF) during the [...]

Hyundai Motor Invests in U.S. Neuroscience Startup

Hyundai Motor Invests in U.S. Neuroscience Startup

SEOUL, Oct. 10 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Wednesday it has invested in a U.S. neuroscience startup in a move to develop automated vehicles. The strategic investment in Perceptive Automata aims to allow Hyundai Motor to secure artificial intelligence-related technologies which could be utilized in the fields [...]

S. Korean Startup Launches Beta Version of Ride-hailing Service

S. Korean Startup Launches Beta Version of Ride-hailing Service

SEOUL, Oct. 8 (Korea Bizwire) — South Korean mobility startup VCNC said Monday it has launched a new ride-hailing service in Seoul and an adjacent city with 11-seat vans in a move to get around a local transportation law. VCNC said hundreds of its passenger vans offer a service called Tada in Seoul and Incheon, [...]