The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Aug. 7 (Korea Bizwire) — An increasing number of game developers are embracing the strategy of “soft launches,” wherein they release games in a limited number of countries prior to the official launch. In contrast to beta testing, soft launches incorporate revenue-related elements like paid subscriptions, and the data remains intact post the official [...]
SEOUL, Aug. 6 (Korea Bizwire) – Samsung Electronics Co. retained its top spot in the global memory chip market in the first quarter despite lackluster earnings amid the chip glut, a report showed Sunday. SK hynix Inc., on the other hand, was pushed back to third place from No. 2 compared with a year earlier, [...]
SEOUL, Aug. 5 (Korea Bizwire) — KT Corp., a major telecom operator in South Korea, said Friday it has nominated a new chief executive after months of leadership vacuum. The telecom giant’s board of directors nominated Kim Young-shub, former CEO of IT service provider LG CNS Co., as its new leader, KT said in a [...]
SEOUL, Aug. 4 (Korea Bizwire) — South Korean internet portal giant Naver Corp. said Friday its second-quarter operating profit and revenue hit quarterly highs, driven by the robust performance of its commerce and content businesses. Its net profit rose more than 80 percent on an annual basis to 286.7 billion won (US$220.7 million), up 80.9 [...]
SEOUL, Aug. 4 (Korea Bizwire) – South Korean scientists have developed a new sensor technology that simplifies the detection of hydrogen leaks through color changes. Until now, hydrogen leaks have been detected using resistive or electrochemical sensors. However, these sensors are bulky, expensive, and only provide density information, making it challenging to pinpoint the exact [...]
SEOUL, Aug. 3 (Korea Bizwire) — A group of South Korean researchers’ claim of a breakthrough of a potential room-temperature, ambient-pressure superconductor is stirring up controversy over whether their discovery is real or not amid global interest. Researchers from the Seoul-based Quantum Energy Research Centre Inc., including Lee Suk-bae, Kim Hyun-tak and Kwon Young-wan, posted [...]
SEOUL, Aug. 3 (Korea Bizwire) — Kakao Corp. said Wednesday it has released a new archiving feature for inactive chatrooms in its mobile messenger KakaoTalk through the most recent update. The newly introduced service archives and hides inactive chatrooms that the user does not wish to leave. Archived chatrooms will not send out new notifications [...]
SEOUL, Aug. 3 (Korea Bizwire) — LG Electronics Inc. said Thursday it will join hands with U.S. investment firm Clearbrook LLC to raise more than US$100 million to invest in industries of the future, including digital health, renewable energy and artificial intelligence. The South Korean tech company said its North American Innovation Center (LG NOVA) [...]
SEOUL, Aug. 3 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger, on Thursday said its second-quarter net profit dropped due to increased costs and investments. Its net profit reached 56.3 billion won (US$43.3 million) in the April-June period, down 44 percent from a year earlier, the company said in a [...]
GWANGJU, Aug. 3 (Korea Bizwire) — A joint research team from the Gwangju Institute of Science and Technology and Chonnam National University Hospital announced on Wednesday the development of a new patch that can treat myocardial infarction by applying gel to the heart. The myocardial patch provides physical support to the heartbeat, preventing the thinning [...]