The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
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 [...]
SEOUL, Dec. 7 (Korea Bizwire) – SK hynix Inc., the world’s second-largest maker of memory chips, said Thursday it has set up a new unit charged with the artificial intelligence (AI) semiconductor-related business as part of its strategy to focus more on the high-demand premium chips. The new AI Infra unit, established recently in the [...]
SEOUL, Dec. 6 (Korea Bizwire) – An appellate court on Wednesday ordered Apple Inc. to pay 70,000 won (US$53.30) in compensation to each of seven South Korean iPhone users for intentionally slowing the performance of their devices after software updates, partially overturning contrary rulings by lower courts. The Seoul High Court said Apple is responsible [...]
SEOUL, Dec. 5 (Korea Bizwire) – Fifth generation (5G) networks are available on all intra-city buses operating across South Korea as part of the government’s effort to help bus passengers use the internet more conveniently, the science ministry said Tuesday. The free WiFi service on 29,100 intra-city buses in the country has been improved to [...]
SEOUL, Dec. 4 (Korea Bizwire) – In a culinary landscape where innovation knows no bounds, the humble kimchi refrigerator has transcended its origins as a specialized storage unit for fermented cabbage to become a versatile, multi-functional appliance capable of accommodating a variety of ingredients. Embracing this trend, the home appliance makers are introducing a series of [...]
SEOUL, Dec. 1 (Korea Bizwire) — Korea Aerospace Industries Co. (KAI) said Friday it has signed a deal with U.S. space firm SpaceX to launch South Korea’s next-generation midsized satellite No. 2 in 2025. It marks KAI’s second deal with SpaceX following a similar arrangement for the launch of the next-generation midsized satellite No. 4 [...]
SEOUL, Dec. 1 (Korea Bizwire) — Kumho Tire Co., South Korea’s second-largest tire maker, said Friday it has partnered with European synthetic rubber manufacturer Synthos S.A. for joint research and development of sustainable tire material. Under their memorandum of understanding signed Thursday, Kumho Tire and Synthos plan to conduct joint research and development utilizing bio-butadiene [...]
DAEJEON, Nov. 30 (Korea Bizwire) – In a significant stride towards expanding the global reach of its cutting-edge plasma technology, the Korea Institute of Fusion Energy (KFE) has inked a contract with an American bio-diesel production company. The KFE announced on November 29 that it had entered into an agreement with Plasma Blue, which is based [...]