The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Dec. 14 (Korea Bizwire) — South Korea’s SK Group said Thursday it will present its corporate vision of a low-carbon technology-led future at the upcoming CES 2024 next month. SK’s seven affiliates, including SK Inc., SK hynix Inc., SK Innovation and SK Telecom Co., participating in the four-day annual U.S. tech show will jointly [...]
SEOUL, Dec. 14 (Korea Bizwire) – Prosecutors have formally requested arrest warrants for two former Samsung Electronics executives, alleging their involvement in transferring domestic semiconductor technology to a Chinese company. On Wednesday, the Information Technology Crime Investigation Division of the Seoul Central District Prosecutors’ Office filed an arrest warrant for a former Samsung Electronics executive, identified [...]
SEOUL, Dec. 13 (Korea Bizwire) — A South Korean academic society said Wednesday the controversial room-temperature superconductor, known as LK-99, is “groundless” as its attempts to replicate its superconductivity have been unsuccessful. The Korean Society of Superconductivity and Cryogenics published a white paper, saying that eight local laboratories have conducted reproduction studies in accordance with [...]
SEOUL, Dec. 12 (Korea Bizwire) – In a strategic move to bolster its efforts to uncover groundbreaking technology and business opportunities, Samsung Electronics recently announced a significant organizational restructure, including the establishment of a new Business Development Group within its Digital Experience (DX) division. The newly formed Business Development Group will serve as a central hub [...]
SEOUL, Dec. 12 (Korea Bizwire) — Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, said Tuesday it has succeeded in commercializing cryogenic flexible steel for making liquefied natural gas (LNG) storage tanks. The successful commercialization caps three years of research and development, and it has passed a cryogenic tension test by global certifier Luxemburg Institute [...]
SEOUL, Dec. 11 (Korea Bizwire) – Fierce talent competition has prompted Samsung Electronics and SK Hynix to ease hiring criteria in the semiconductor industry. In response to a critical shortage of skilled labor in the semiconductor industry, both Samsung Electronics and SK Hynix have adopted a strategic approach to attract talent. Notably, SK Hynix has recently [...]
SEOUL, Dec. 10 (Korea Bizwire) – The number of monthly active users on two social media platforms of U.S.-based Meta has fallen recently, reflecting the rising woes over fake news and scams on these services, data showed Sunday. According to the mobile index data from industry tracker IGAWorks, the number of active Instagram users came [...]
SEOUL, Dec. 8 (Korea Bizwire) – In a milestone celebration this month, Blind, the community application allowing professionals to engage anonymously, is commemorating a decade of service since its launch in South Korea. According to data released by Blind on December 7, the app boasts a user base of 6 million in the country, with a [...]
SEOUL, Dec. 8 (Korea Bizwire) – Professional baseball umpires have commenced their winter training to acquaint themselves with the pitch clock and Automatic Ball-Strike System (ABS), set to debut in the upcoming 2024 season. Often referred to as a “robot umpire,” ABS automatically assesses whether a pitch qualifies as a ball or a strike and promptly [...]
SEOUL, Dec. 7 (Korea Bizwire) – South Korea invested more than 112 trillion won (US$84.6 billion) in research and development (R&D) last year, making it the second-largest spender in the world in comparison to the size of its economy, the science ministry said Thursday. The combined R&D spending by the South Korean government and the [...]