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

LG Electronics Reports Soaring Q4 Operating Profit Driven by Home Appliances and Vehicle Component Solutions

LG Electronics Reports Soaring Q4 Operating Profit Driven by Home Appliances and Vehicle Component Solutions

SEOUL, Jan. 8 (Korea Bizwire) – LG Electronics Inc., South Korea’s leading home appliance maker, said Monday its operating profit likely more than quadrupled in the fourth quarter from a year earlier, helped by robust sales of home appliances and vehicle component solutions. Operating profit for the three months ended in December soared to an [...]

SK Telecom’s AI Governance Framework Targets Reliability, Safety

SK Telecom’s AI Governance Framework Targets Reliability, Safety

SEOUL, Jan. 8 (Korea Bizwire) –SK Telecom announced on April 7 that it is adopting an Artificial Intelligence (AI) decision-making governance system to ensure the reliability and safety of its AI technology. To achieve this, the company is setting up specific AI governance standards, establishing dedicated organizational structures and roles, and developing relevant processes. In [...]

Hercules Artificial Muscle Developed by KAIST Researchers Gains Global Recognition

Hercules Artificial Muscle Developed by KAIST Researchers Gains Global Recognition

SEOUL, Jan. 5 (Korea Bizwire) – The Korea Advanced Institute of Science and Technology (KAIST) has announced that artificial muscle technology developed by a research team led by professor Kim Sang-ouk of the Department of New Material Engineering has been recognized as one of the “Top 10 Promising Technologies of 2023” by the International Union of [...]

Samsung and Hyundai Motor Group’s Strategic Alliance Brings IoT Advancements to Connected Car Services

Samsung and Hyundai Motor Group’s Strategic Alliance Brings IoT Advancements to Connected Car Services

SEOUL, Jan. 4 (Korea Bizwire) – Samsung Electronics’ Internet of Things (IoT) platform, SmartThings, is set to extend to Hyundai Motor Group’s connected car services, forging a seamless integration between vehicles and homes. Samsung Electronics and Hyundai Motor Group have announced a business partnership to develop Home-to-Car and Car-to-Home services. This collaboration, disclosed on January 4, [...]

SK Telecom Launches ‘ZEM Phone Pokémon Edition 2′ for Children

SK Telecom Launches ‘ZEM Phone Pokémon Edition 2′ for Children

SEOUL, Jan. 4 (Korea Bizwire) – SK Telecom announced on January 4 the release of its new child-friendly LTE smartphone, the ‘ZEM Phone Pokémon Edition 2′. This device is tailored to the needs and safety of young users. The smartphone features a 5.8-inch high-definition (HD) Plus display and is equipped with a 3,350mAh battery. It [...]

Former Samsung Employee Faces Indictment Over Suspected Leak of Chip Technology to Chinese Company

Former Samsung Employee Faces Indictment Over Suspected Leak of Chip Technology to Chinese Company

SEOUL, Jan. 3 (Korea Bizwire) – Prosecutors indicted a former employee of Samsung Electronics Co. on Wednesday on charges of leaking key semiconductor technologies of the tech giant to a Chinese company in return for money, officials said. The Seoul Central District Prosecutors Office indicted the employee surnamed Kim, who formerly served as a department [...]

SK Hynix to Unveil AI-powered Chip Technology at CES 2024

SK Hynix to Unveil AI-powered Chip Technology at CES 2024

SEOUL, Jan. 3 (Korea Bizwire) — SK hynix Inc., the world’s second-largest maker of memory chips, said Wednesday it will showcase its ultra-high-performance memory technology, the key to future artificial intelligence (AI) infrastructure, at the upcoming CES 2024. Under the banner of future vision, named “Memory Centric,” where memory products play a pivotal role in [...]

YouTube on Verge of Becoming Most-used Mobile Platform in S. Korea: Data

YouTube on Verge of Becoming Most-used Mobile Platform in S. Korea: Data

SEOUL, Jan. 3 (Korea Bizwire) — YouTube is poised to become the most used mobile platform in South Korea, closely trailing the current leader KakaoTalk, industry data showed Wednesday. As of December, KakaoTalk, the country’s top mobile messenger run by Kakao Corp., had a total of 41.02 million monthly active users (MAUs), while Google’s YouTube [...]