The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, July 12 (Korea Bizwire) — LG Electronics Inc. unveiled a new vision for its business on Wednesday to turn itself into a “smart life solutions provider,” as the traditional home appliance market has been going through rapid changes. The South Korean tech company said it will put more focus and resources into non-hardware products, [...]
SEOUL, July 11 (Korea Bizwire) — Kakao Brain, an artificial intelligence (AI) arm of tech giant Kakao Corp., announced on Monday the release of Karlo 2.0, a super-giant AI image-generating model that instantly creates vivid images. Karlo 2.0 is a large-scale AI that has been trained on a dataset comprising more than 300 million pages [...]
SEOUL, July 11 (Korea Bizwire) – Samsung Electronics Co. has been hit with a patent infringement lawsuit in the United States over its Galaxy series and Family Hub appliances, the latest in a series of recent patent infringement battles. The lawsuit, which asserts four patents, was filed Monday (U.S. time) at the Texas Eastern District [...]
SEOUL, July 11 (Korea Bizwire) — Hanwha Systems Co. said Tuesday it has obtained a government license to operate as a satellite internet service provider, as it ramps up to advance into the space internet sector with an eye on military demand. The authorization by the Ministry of Science and ICT allows Hanwha Systems, the [...]
SEOUL, July 11 (Korea Bizwire) — Samsung Electronics Co. will allow smaller domestic companies to use more of its royalty-free technologies to achieve shared growth, the industry ministry said Tuesday. The South Korean tech giant will transfer 123 kinds of its patent technologies in various sectors, including semiconductors, displays and mobile gadgets, to 86 smaller [...]
SEOUL, July 11 (Korea Bizwire) — LG Electronics Inc. plans to introduce its energy-saving auto demand response (DR) service in the U.S., utilizing the LG ThinQ smart home platform. The company announced on Monday its plan to launch the auto DR service in three U.S. states – California, New York, and Texas, in collaboration with [...]
SEOUL, July 10 (Korea Bizwire) — A senior government official on Monday hinted at the possibility of opening the door of the South Korean mobile communications market to a foreign operator as part of its effort to enhance competition. “We will give adequate policy support to a company in accordance with its request. If it [...]
SEOUL, July 10 (Korea Bizwire) — SK hynix Inc. said Monday it was mulling selling a water processing facility to SK reit Co. to secure funds for future investment and enhance financial soundness. The world’s second-largest memory chip maker said the potential sale of the “non-core asset” to the real estate investment trust company, another [...]
SEOUL, July 10 (Korea Bizwire) — Samsung Electronics Co. said Monday it has filed patent invalidation suits against Mojo Mobility over wireless charging technologies. The South Korean tech giant filed a series of lawsuits late last month at the United States Patent and Trademark Office against the California-based wireless charging technology firm. Last year, Mojo [...]
SEOUL, July 9 (Korea Bizwire) – The 1997 sci-fi movie “The Fifth Element” features a futuristic city filled with flying cars zooming in and out of the gaps between buildings hundreds of meters above the ground. Some 26 years later, things have developed enough that it is feasible for people to think the world is [...]