The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Jul. 11 (Korea Bizwire) — The world’s first commercial 5G services are expanding their presence in South Korea, with the number of users of the faster mobile networks rising at an eye-popping pace since their launch in April. But local carriers face the daunting task of improving service quality to meet the high expectations [...]
SEOUL, Jul. 10 (Korea Bizwire) — A research team led by Prof. Ko Sung-ahn at Ulsan National Institute of Science and Technology, jointly with Purdue University and Arizona State University, has developed an artificial intelligence (AI) system that predicts traffic conditions in the next 5 to 15 minutes. Using this system will allow navigation programs [...]
SEOUL, Jul. 10 (Korea Bizwire) — A recent report has revealed that senior citizens who live alone tend to engage in ‘emotional talks’ with artificial intelligence (AI) speakers, where the speaker answers statements like “I am tired” or “How are you feeling?”, three times more often than others. SK Telecom Co. analyzed the pattern of [...]
SEOUL, Jul. 9 (Korea Bizwire) — Incheon International Airport will begin test-running an artificial intelligence (AI)-based X-ray identification system in September to strengthen counterterrorism efforts. The government finalized the initiative along with a new counterterrorism action plan for the next six months on Monday at Central Government Complex in Seoul. The government, on top of the new [...]
SEOUL, Jul. 8 (Korea Bizwire) — South Korea will invest 500 billion won (US$425 million) in overseas smart city projects to be built by local companies as it seeks to foster smart cities as a future growth driver, the transport ministry said Monday. In partnership with local pension funds and private investors, the ministry aims [...]
SEOUL, Jul. 5 (Korea Bizwire) — LG Electronics Inc. said Friday its second-quarter operating profits are expected to have dropped 15.4 percent from a year earlier, mainly due to its sluggish smartphone business. In an earnings guidance, the South Korean electronics maker said it expects to post 652.2 billion won (US$557 million) in operating profits [...]
SEOUL, Jul. 5 (Korea Bizwire) — Samsung Electronics Co. said Friday its operating earnings more than halved in the second quarter from a year earlier amid the weak memory chip and handset market. The operating profit was estimated at 6.5 trillion won (US$5.6 billion) in the April-June period, a 56.3 percent drop from a year [...]
SEOUL, Jul. 4 (Korea Bizwire) — In a meeting with President Moon Jae-in, SoftBank Group Corp. CEO Masayoshi Son on Thursday stressed the need for South Korea to invest aggressively into the artificial intelligence (AI) sector, according to Cheong Wa Dae. Moon had a 90-minute meeting with Son at the presidential compound, 50 minutes longer [...]
SEOUL, Jul. 4 (Korea Bizwire) — ‘Smart Station’ services, first tested last April at Gunja Station located along Seoul Subway Line 5, will be introduced to Line 2. Seoul Transportation Corporation announced on Wednesday that it will turn all 50 stations on Line 2 into Smart Stations by next March Smart Stations allow integrated management [...]
SEOUL, Jul. 4 (Korea Bizwire) — All city buses in Gwangju, host of this year’s FINA World Championships, will have public Wifi onboard as South Korea moves to bolster its internet connectivity infrastructure, the government said Thursday. Starting Friday, all of Gwangju’s 1,044 buses will have Wifi as the city, 330 kilometers south of Seoul, [...]