The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Oct. 8 (Korea Bizwire) — Naver Cloud has claimed first place at a leading international competition for optical character recognition (OCR), cementing its standing as a global leader in text recognition technology. According to the ICT industry on Wednesday, Naver Cloud ranked first at the OCR competition held during the International Conference on Document [...]
SEOUL, Oct. 8 (Korea Bizwire) — Samsung Electronics’ latest foldable smartphones, the Galaxy Z Fold7 and Flip7, have received the highest ratings from leading consumer publications in the United States and Europe, reinforcing the company’s dominance in the premium foldable market. According to industry sources on Wednesday, consumer advocacy magazines in five countries — including [...]
SEOUL, Oct. 7 (Korea Bizwire) — As South Korea’s population rapidly ages, LG Electronics is ramping up its efforts to capture the growing senior consumer market through customized products and accessible services, from simplified televisions to tailored AI home training programs. The company announced Wednesday that it will host AI Home usage workshops for seniors [...]
SEOUL, Oct. 7 (Korea Bizwire) — Naver has rolled out artificial intelligence–powered summaries to its location search service, extending the use of its AI briefing tool beyond news and finance into daily life navigation. According to the tech giant on Tuesday, the new “Place AI Briefing” provides concise overviews of businesses and venues, compiling key details [...]
SEOUL, Oct. 7 (Korea Bizwire) — As Japan confronts the strains of a rapidly aging population with robots and digital care technologies, a new report is urging South Korea to follow suit and invest in “Age-tech” — a burgeoning industry combining artificial intelligence, robotics, and ICT to support the elderly. According to a study released [...]
SEOUL, Oct. 6 (Korea Bizwire) – Nearly 60 percent of South Koreans feel a sense of anxiety about falling behind the trend of using generative artificial intelligence (AI) models to help with investments, a survey showed Monday. According to the poll by the Korea Press Foundation on 1,000 South Koreans, 59.1 percent of respondents expressed [...]
SEOUL, Oct. 2 (Korea Bizwire) — CJ Logistics said Wednesday it will take part in a state-led research initiative to develop humanoid robots equipped with dexterous robotic hands, aiming to transform logistics operations and secure a technological edge in the fast-evolving sector. The project is part of the Ministry of Trade, Industry and Energy’s “K-Humanoid [...]
SEOUL, Oct. 2 (Korea Bizwire) — South Korea’s government said Wednesday it will roll out more than 500 projects over the next five years to weave artificial intelligence into the nation’s industrial base, part of President Lee Jae-myung’s bid to build what he calls a “super-innovation economy.” Industry Minister Kim Jung-kwan outlined the plan at [...]
SEOUL, Oct. 2 (Korea Bizwire) — OpenAI Chief Executive Sam Altman met with South Korea’s top corporate leaders this week to enlist Samsung and SK Group as cornerstone partners in the U.S. startup’s multibillion-dollar artificial-intelligence infrastructure plan. Altman sat down Wednesday with Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won in Seoul, ahead [...]
SEOUL, Oct. 1 (Korea Bizwire) — South Korea’s largest conglomerates have sharply increased their lobbying expenditures in the United States, more than doubling their spending in the past five years as they navigate regulatory pressures, trade disputes, and large-scale investments in America. According to new data released Wednesday by corporate tracker CEO Score, 52 Korean [...]