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

Researchers Develop Battery Production Technology Using Electron Beams

Researchers Develop Battery Production Technology Using Electron Beams

DAEJEON, July 5 (Korea Bizwire) — South Korean researchers have developed a safe and cost-effective technology for the production of semi-solid batteries using electron beams. The Korea Atomic Energy Research Institute said Tuesday that its team of researchers had successfully developed a “one-pot” technology. This innovative method utilizes electron beams to mass-produce semi-solid batteries in [...]

SK Square Forms Partnership to Establish Investment Firm for Foreign Chipmakers

SK Square Forms Partnership to Establish Investment Firm for Foreign Chipmakers

SEOUL, July 4 (Korea Bizwire) — SK Square, a non-telecom spinoff of SK Telecom Co., announced on Tuesday that it would form a partnership with SK hynix Inc., Shinhan Financial Group Co., and LIG Nex1 Co. to establish TGC Square, an investment corporation for foreign chipmakers. The consortium aims to raise 100 billion won (US$76.8 [...]

Card Firms Worry About Potential Cost Burden from Samsung Pay Commissions

Card Firms Worry About Potential Cost Burden from Samsung Pay Commissions

SEOUL, July 4 (Korea Bizwire) — South Korean credit card companies are expressing concerns about the potential cost burden as Samsung Electronics Co. considers turning its mobile payment service into a paid offering and implementing commissions on them. According to industry sources, Samsung is currently in talks with card issuers as its contracts with the [...]

Elderly Couple Donates 45-year-old Air Conditioner to LG

Elderly Couple Donates 45-year-old Air Conditioner to LG

SEOUL, July 4 (Korea Bizwire) — An elderly couple has donated an air conditioner manufactured by LG Electronics Inc. that functioned normally for 45 years without any issues. The GA-100SP, which was released in 1979 under the company’s former brand name, Goldstar, became the nation’s first wall-mounted air conditioner. It featured a design that separated [...]

Meta Fashion Playground Opens in Dongdaemun Design Plaza

Meta Fashion Playground Opens in Dongdaemun Design Plaza

SEOUL, June 30 (Korea Bizwire) — A “meta fashion” platform, where visitors can utilize augmented reality (AR) technology to photograph virtual clothing, has been established in Seoul. Meta fashion encompasses virtual outfits created using digital technology, presented as images or videos, akin to dressing up an avatar. The Ministry of Trade, Industry and Energy on [...]