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Archive by category Technology

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

Seoul’s Innovative AI-Powered System for Crowd Safety Unveiled at Gangnam Station

SEOUL, Oct. 25 (Korea Bizwire) – A revolutionary artificial intelligence (AI) system designed to proactively prevent crowd-related accidents by automatically monitoring pedestrian density on the streets and conveying this information through electronic billboards has been unveiled. Seocho-gu, Seoul, made an official announcement on Tuesday, introducing its groundbreaking “AI-based real-time congestion management system” deployed around Gangnam Station, [...]

City of Pohang Leads the Way with Innovative Artificial Solar Ecosystem

POHANG, Oct. 25 (Korea Bizwire) – The city of Pohang, located in North Gyeongsang Province, has introduced an innovative artificial solar ecosystem. This cutting-edge technology harnesses artificial sunlight generated through nuclear fusion reactions involving hydrogen. In this process, light hydrogen atoms merge within a plasma state, where the nuclei and electrons separate, resulting in energy production [...]

ON Semiconductor, Leading U.S. Chipmaker, Successfully Finishes New Manufacturing Plant in Proximity to Seoul

SEOUL, Oct. 24 (Korea Bizwire) – U.S. chipmaker ON Semiconductor Corp., commonly known as onsemi, said Tuesday it has completed a facility manufacturing key materials for power semiconductors in Bucheon, west of Seoul. The new facility, named S5 Line, is a fab plant that produces silicon carbide (SiC) wafers, with a capacity of more than [...]

Naver to Create Digital Twin Platform for 5 Saudi Arabian Cities

SEOUL, Oct. 24 (Korea Bizwire) — South Korean tech giant Naver Corp. said Tuesday it has struck a deal with the Saudi Arabian government to create a digital twin platform for the country’s capital Riyadh and four other cities. Under the deal with Saudi’s Ministry of Municipal, Rural Affairs and Housing, Naver will build digital [...]

SK Innovation, SKIET and Lotte Chemical Forge Alliance to Lead Carbon Capture Market

SEOUL, Oct. 24 (Korea Bizwire) – SK Innovation, SK IE Technology (SKIET), and Lotte Chemical have joined forces to make significant strides in the carbon capture market. On Monday, these three companies announced the signing of a Memorandum of Understanding (MOU) to foster technological and business collaboration, thereby fortifying their competitiveness in the field of carbon [...]

SKT Joins Hands with Deutsche Telekom in Developing Telco-specific Large Language Model

SEOUL, Oct. 23 (Korea Bizwire) — South Korea’s major mobile carrier SK Telecom Co. said Monday it has joined hands with Germany’s telecommunications company Deutsche Telekom in developing a telco-specific large language model (LLM). Under a letter of intent (LOI), the two companies plan to collaborate with leading artificial intelligence (AI) companies, including Anthropic and [...]

KT Collaborates with Thai Telecom Company to Develop Thai Language AI Service

SEOUL, Oct. 22 (Korea Bizwire) – South Korea’s major mobile carrier KT Corp. said Sunday it will join hands with Thailand’s communication technology company Jasmine Group to create a large language model (LLM) service based on the Thai language. Heads of the two companies held a meeting at KT’s headquarters in central Seoul on Thursday [...]

Hyundai and Kia Partner with Leading German Automotive Chipmaker

SEOUL, Oct. 18 (Korea Bizwire) – South Korea’s leading carmakers Hyundai Motor Co. and Kia Corp. said Wednesday they have inked a strategic partnership with the German automotive chipmaker Infineon Technologies AG, so as to secure its power semiconductor supply chain. Under the deal, sealed Tuesday in Munich, Germany, the companies will cooperate in developing [...]

Samsung Launches Galaxy SmartTag 2 with Enhanced Features for Easy Tracking and Pet Care

SEOUL, Oct. 18 (Korea Bizwire) –Whether you’ve misplaced something important or need help keeping track of your pet during walks, there’s a new mobile accessory from Samsung Electronics that can assist. Samsung announced the launch of the Galaxy SmartTag 2 in Korea, which comes with enhanced features for added convenience. The Galaxy SmartTag, equipped with [...]

U.S. Government Enforces Stricter Regulations on Exporting Advanced Computing Chips to China

WASHINGTON, Oct. 17 (Korea Bizwire) – The U.S. Department of Commerce announced a set of rules Tuesday to update and strengthen its restrictions on the export of advanced computing semiconductors to China in an apparent move to further curb China’s technological advancement. The department’s Bureau of Industry and Security (BIS) released the rules to reinforce [...]