The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Aug. 9 (Korea Bizwire) — Nine out of 10 young smartphone users in their teens and 20s opted for an Android phone as their initial smartphone, but over half of them eventually transitioned to iPhone smartphones. According to the report by industry tracker Counterpoint Research, about 85 percent of Korean smartphone users under the [...]
DAEJEON, Aug. 9 (Korea Bizwire) — A South Korean research team has developed ultra-precision, large-scale location recognition technology capable of intricately controlling the movements of Internet of Things (IoT) devices and robots. Researchers from the Korea Advanced Institute of Science and Technology (KAIST) said Tuesday they have created a wireless tag integrated with ultra-precision location [...]
SEOUL, Aug. 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday its second-quarter net profit rose 35 percent year-over-year driven by a one-off profit related to its investment in a U.S mobility company. Net income came to 347.8 billion won (US$265.8 million) in the April-June period, up 34.8 percent from [...]
SEOUL, Aug. 8 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it had received more than 1 million preorders for its latest foldable phones in South Korea, a record high for the form factor. The South Korean tech giant said preorders amounted to 1.02 million units for the Galaxy Z Fold 5 and Z Flip [...]
SEOUL, Aug. 8 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Tuesday its second-quarter net profit rose nearly 32 percent from a year earlier, driven by its robust wireless business. Its net income amounted to 213.3 billion won (US$163.3 million) in the April-June period, up 31.7 percent from the year-ago [...]
SEOUL, Aug. 8 (Korea Bizwire) — The preference for larger TVs is gaining momentum amid the slowdown of the global TV market, prompting the display industry to anticipate a surge in demand for bigger screens. The average size of OLED TV panel shipments will increase from 58.8 inches last year to 60.2 inches this year, [...]
SEOUL, Aug. 8 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are poised to introduce a fresh array of offerings at IAA Mobility 2023, slated to take place from Sept. 5-10 in Munich, Germany, aimed at establishing dominance in the automotive electronics market. Samsung’s device solution (DS) division, responsible for the chip business, [...]
SEOUL, Aug. 8 (Korea Bizwire) — PASS, an identity authentication app provided by South Korea’s three mobile carriers, now enables passengers to board domestic flights without the need for a physical ID card or a boarding pass. The three telecom operators — SK Telecom Co., KT Corp. and LG Uplus Corp. — and the Korea [...]
SEOUL, Aug. 7 (Korea Bizwire) — Samsung Electronics Co. said Sunday its TV had been selected by “Which?,” a British non-profit Consumers’ Association magazine, as the Best Accessibility product. In partnership with the Royal National Institute of Blind People, Which? evaluated TV video and sound quality, along with accessibility, and designated the Samsung Neo QLED [...]
SEOUL, Aug. 7 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Monday its second-quarter net income jumped 19 percent from a year earlier thanks to robust sales in business-to-business operations. KT’s net profit reached 432.5 billion won (US$331.8 million) in the three months through June on a consolidated basis, up from [...]