The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, May 24 (Korea Bizwire) — About half of South Korean consumers own smart home appliances, and a significant number of consumers also intend to purchase them in the future, a survey showed Tuesday. The survey, conducted by local pollster Open Survey and involving 4,000 men and women between the ages of 20 and 59, [...]
SEOUL, May 23 (Korea Bizwire) — Dutch semiconductor equipment maker ASM will invest US$100 million to build a new production and research and development center in South Korea by 2025, a top executive said Tuesday. The decision underscored ASM’s commitment to expanding business in South Korea, the second largest semiconductor market with 19 percent of [...]
SEOUL, May 23 (Korea Bizwire) —Samsung Electronics announced on Tuesday its commitment to further enrich the health management capabilities of its Galaxy Watch series, pinpointing sleep functionality as a key cornerstone of its future strategy in the health sector. During a media briefing held at the company’s headquarters in Jung-gu, Seoul, Samsung unveiled its strategic [...]
SEOUL, May 23 (Korea Bizwire) — Samsung Electronics Co. is considering hosting a smartphone unveiling event in South Korea as part of its strategy to diversify its Asian market and address declining exports to China. According to industry sources, the tech giant plans to showcase the Galaxy Z Fold 5 and Galaxy Z Flip 5 [...]
SEOUL, May 23 (Korea Bizwire) — Grand InterContinental Seoul Parnas, a luxury hotel in southern Seoul, offered a special service for guests who stayed in its rooms on the 21st floor from February to April. Under the “Explore New Sleep” package, the rooms’ mattresses were equipped with a sleep sensing software, named Somnum, developed by [...]
SEOUL, May 22 (Korea Bizwire) — Samsung Electronics Co. is accelerating the development of its ‘digital twin’ technology to improve efficiency in semiconductor manufacturing. According to industry sources, Samsung’s Device Solution (DS) division, which oversees its chip business, recently appointed Executive Vice President Lee Young-woong as the head of the Digital Twin Task Force. This [...]
SEOUL, May 21 (Korea Bizwire) —As South Korean companies continue their digital transformation campaigns, cloud services are playing a pivotal role in driving revenue growth within the telecom sector. In the first quarter, cloud services made significant contributions to the revenue growth of SK Telecom and KT, according to industry reports. SK Telecom’s enterprise revenue, [...]
SEOUL, May 19 (Korea Bizwire) — A research team from the Korea Institute of Energy Research (KIER) said Thursday they have developed technology capable of converting agricultural waste, such as corn cobs, into levulinic acid. This acid serves as an intermediate material for aviation biofuel production. Levulinic acid is the final oxidized form derived from [...]
SEOUL, May 19 (Korea Bizwire) — SK C&C, an IT service unit of South Korean conglomerate SK Group, said Thursday it had signed a deal with Recycle Ledger, a local venture firm, to operate a recycling resource tracking service. The partnership aims to support Recycle Ledger’s waste cooking oil data tracking service using SK C&C’s [...]
SEOUL, May 18 (Korea Bizwire) — Samsung Electronics Co.’s sales in China halved in the first quarter due to plummeting semiconductor demand and an increase in domestic parts supply. The world’s largest memory chip and smartphone manufacturer reported a 46.7 percent decrease in China sales for the January-March period compared to last year, amounting to [...]