The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Apr. 19 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday it will test a self-driving vehicle in the United States this year, with an aim to mass-produce a semi-autonomous car in 2022. The company said it plans to start test driving a vehicle named M.BILLY on the motorways [...]
SEOUL, Apr. 19 (Korea Bizwire) — Samsung Electronics Co. said Thursday its advertisement showcasing refrigerators specially made for the Indian market went viral on the video-sharing platform YouTube, claiming the popularity reflects the company’s increasing presence in the growing Asian market. The advertisement, which introduces the Digital Inverter Refrigerator, which can maintain temperature amid power [...]
SEOUL, Apr. 19 (Korea Bizwire) — The demand for larger television sets has been growing over the past few years in South Korea, industry data showed Thursday, alongside lower average prices. Industry data showed the average size of Samsung Electronics Co.’s TVs sold in the country came to 54 inches last year, up sharply from [...]
SEOUL, April 18 (Korea Bizwire) – South Korea’s top mobile messenger operator, Kakao Corp., said Wednesday that it will inject billions of won into its investment firm and overseas operation to generate the best possible synergy going forward. The company said it has decided to inject 70 billion won (US$65.5 million) into Kakao Investment, a wholly owned subsidiary that specializes in capital ventures. “The move could lay [...]
SEOUL, Apr. 18 (Korea Bizwire) — Samsung Electronics invested the most money in research and development (R&D) among local companies last year, while internet portal Naver was No. 1 in investment in proportion to sales, corporate analysis showed Wednesday. CEO Score compared 211 firms who rank within the top 500 companies in terms of sales [...]
SEOUL, Apr. 18 (Korea Bizwire) — LG Electronics Inc. said Wednesday it plans to help 1,000 visually impaired Indians receive surgery by the end of this year, in line with its commitment to make contributions to the South Asian country. The South Korean tech giant, which first tapped the Indian market some 20 years ago, [...]
SEOUL, April 17 (Korea Bizwire) — E-Mart Inc., a major discount chain operator under South Korean retail giant Shinsegae, revealed an autonomous shopping cart for a test run on Tuesday, as the company moves to secure the competitiveness of its offline distribution channels. Dubbed eli, two of the carts will be showcased at the firm’s [...]
SEOUL, April 16 (Korea Bizwire) — After only four days of poorer than expected results, South Korean cab summoning app Kakao T’s feature that hides the taxi caller’s desired destination from the driver until the pickup is agreed to has been withdrawn. This feature was introduced as a countermeasure against drivers who would cherry-pick taxi [...]
SEOUL, Apr. 16 (Korea Bizwire) — SK Holdings Co. on Monday showcased a new human resources solution that utilizes artificial intelligence (AI) technology, allowing clients to simplify the process of reviewing resumes. The company said the program, “Aibril HR,” will be utilized by the local recruitment service provider Scout. Under the cooperation, the two companies [...]
SEOUL, Apr. 15 (Korea Bizwire) — A local business lobby said on Sunday the possible disclosure of Samsung Electronics Co.’s workplace environmental assessment report, which was demanded by former workers due to health concerns, should be limited so as to protect sensitive trade secrets. Former workers suffering from illnesses have been demanding the South Korean [...]