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

Businesses Take More Than 3 Months to Identify Cyberattacks

Businesses Take More Than 3 Months to Identify Cyberattacks

SEOUL, May 22 (Korea Bizwire) – With the global financial losses from the WannaCry ransomware attack estimated at $4 billion, according to cyber risk analysis firm Cyence, another study by Mandiant, a FireEye company, has revealed that it typically takes more than three months for businesses to acknowledge that there has been a cyberattack.  Based [...]

Pantech Transferred 230 U.S. Intellectual Property Rights to Patent Control Entity

Pantech Transferred 230 U.S. Intellectual Property Rights to Patent Control Entity

SEOUL, May 22 (Korea Bizwire) — Pantech Co. South Korea’s smallest smartphone manufacturer that recently announced it will suspend production of mobile devices, turned over 230 U.S. patents to another company, official data showed Sunday. Information provided by the United States Patent and Trademark Office (USPTO) showed that Patech, owned by Solid Inc. a local [...]

Computer Coding Education Becoming Popular in South Korea

Computer Coding Education Becoming Popular in South Korea

SEOUL, May 19 (Korea Bizwire) – Joo Jae-un, a college student in Seoul, stayed in the nation’s top science technology school in Daejeon for a month last summer to attend an intensive training course on computer programming.  The 25-year-old business major took classes for three to four hours every weekday at KAIST (Korea Advanced Institute [...]

Gov’t Eyes Operational Rules for UAVs

Gov’t Eyes Operational Rules for UAVs

SEOUL, May 19 (Korea Bizwire) – The government is moving to establish a set of integrated operational rules for unmanned aerial vehicles (UAVs) and piloted aircraft to ensure flight safety, the transport ministry said Thursday.  The Ministry of Land, Infrastructure and Transport said it will work with other government ministries and invest 30 billion won [...]

Controversy Over Facebook’s Free Network Usage Continues

Controversy Over Facebook’s Free Network Usage Continues

SEOUL, May 18 (Korea Bizwire) – The row between South Korean internet provider SK Broadband and social networking giant Facebook continues following reports of connection issues for Facebook users on SK Broadband connections. With the country witnessing for the first time a clash between a foreign content provider and a telecom network over shared broadband network [...]

China Expands Presence in Indian Handset Market, Threatens Samsung

China Expands Presence in Indian Handset Market, Threatens Samsung

SEOUL, May 18 (Korea Bizwire) – Chinese tech companies are gradually expanding sales in India, industry data showed Thursday, and starting to threaten Samsung Electronics Co., which is currently the leading player in the subcontinent.  According to the industry tracker Strategy Analytics, China-based Vivo sold 1.9 million handsets in the first quarter in India, accounting [...]

SK C&C Develops Blockchain-Based Physical Distribution Service

SK C&C Develops Blockchain-Based Physical Distribution Service

SEOUL, May 17 (Korea Bizwire) – SK C&C is launching a new physical distribution service which uses a distributed database system called a blockchain, the company announced yesterday. Blockchain is a groundbreaking technology that allows users to keep a record of all their transactions transparently, in linear and chronological order. Instead of saving information on a [...]