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

South Korea’s Neighborhood App Karrot Gains Popularity in Canada

South Korea’s Neighborhood App Karrot Gains Popularity in Canada

SEOUL, Mar. 25 (Korea Bizwire) – Karrot, a homegrown South Korean app that facilitates hyperlocal community interactions, is rapidly gaining traction in Canada, cracking the top 10 rankings on both the Google Play Store and Apple’s App Store in the free social app category. According to industry sources on Friday, Karrot secured the No. 5 and [...]

Nvidia Chief Gives Nod to Samsung’s Next-Gen Memory Chip

Nvidia Chief Gives Nod to Samsung’s Next-Gen Memory Chip

SEOUL, Mar. 22 (Korea Bizwire) – Jensen Huang, the chief executive of Nvidia, made a notable appearance at Samsung Electronics’ booth during the annual GTC 2024 developers’ conference in San Jose, California. There, he left a handwritten signature on Samsung’s upcoming high-bandwidth memory chip, HBM3E, fueling expectations of a stronger partnership between the two companies. On [...]

South Korea Develops Cryopreservation Technology to Safeguard Pear Genetic Resources

South Korea Develops Cryopreservation Technology to Safeguard Pear Genetic Resources

JEONJU, Mar. 22 (Korea Bizwire) – The Rural Development Administration (RDA) of South Korea has announced the development of a cryopreservation technology that allows for the long-term storage of pear tree genetic resources at ultra-low temperatures.  The key to this technology is preserving genetic material in liquid nitrogen at an extreme low temperature of minus 196 [...]

Gov’t Pledges Continued Support for Chip Sector, Aims Export of US$120 Bln

Gov’t Pledges Continued Support for Chip Sector, Aims Export of US$120 Bln

SEOUL, Mar. 21 (Korea Bizwire) — Industry Minister Ahn Duk-geun said Thursday the government will proactively support the semiconductor industry, and accelerate the development of high-bandwidth memory and artificial intelligence chips to achieve the annual export target of US$120 billion. “The government will support the timely establishment of related infrastructure, secure competitive technologies, promote exports, [...]

Samsung Electronics Sees High Economic Uncertainty, New Opportunity in AI

Samsung Electronics Sees High Economic Uncertainty, New Opportunity in AI

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, [...]

Samsung Ramps Up Production to Meet Demand for AI-Powered Laundry Combo

Samsung Ramps Up Production to Meet Demand for AI-Powered Laundry Combo

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 [...]

SK Hynix Begins Mass Production of Latest HBM3E Chips

SK Hynix Begins Mass Production of Latest HBM3E Chips

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 [...]

As AI Deepens Reach Into Homes, Companies Scramble for Cybersecurity Talent

As AI Deepens Reach Into Homes, Companies Scramble for Cybersecurity Talent

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 [...]

Regulator Launches Investigation into Netflix and Wavve for Alleged Unfair Business Practices

Regulator Launches Investigation into Netflix and Wavve for Alleged Unfair Business Practices

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 [...]