The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, May 15 (Korea Bizwire) — South Korean chipmakers are making extensive efforts to develop next-generation memory technology in order to overcome the recession and prepare for the upcoming market upturn. Samsung Electronics Co. recently announced its plans to develop and mass-produce a 128-gigabyte DRAM, which will support Compute Express Link (CXL) 2.0. This will [...]
SEOUL, May 14 (Korea Bizwire) — Samsung Electronics Executive Chairman Lee Jae-yong met with Tesla CEO Elon Musk earlier this week, Samsung said Sunday, hinting at a potential business partnership between the world’s leading chipmaker and the electric vehicle giant. Lee held the meeting with Musk on Wednesday (U.S. time) at Samsung Electronics’ semiconductor research [...]
SEOUL, May 14 (Korea Bizwire) — Kakao Corp., a major South Korean tech firm, beat its rival Naver Corp. in terms of average wage for three consecutive years through 2022, data showed Sunday. Kakao, which operates the country’s most popular mobile messenger, KakaoTalk, saw its average wage reach 139 million won (US$103,422) last year, hovering [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s ICT ministry said Friday that it has canceled the license for the new 28 gigahertz spectrum of high-speed 5G network owned by SK Telecom Co., South Korea’s No. 1 wireless carrier, citing a lack of investment. SK Telecom had been given the right to use the high-speed [...]
SEOUL, May 12 (Korea Bizwire) — Korea’s healthcare industry is about to witness the debut of an innovative Artificial Intelligence (AI) virtual human home trainer for the first time. EstSoft, a leading AI services provider, revealed on Friday that it had introduced a home training service in collaboration with Shinhan-Cubeon, a digital healthcare subsidiary of [...]
SEOUL, May 12 (Korea Bizwire) — LG Electronics has supplied a massive 120 square meter LED signage consisting of 140 panels to the city of Lima, Peru, with a brightness of up to 5,000 nits. The company also participated in the design and construction of the installation to enhance its completeness. LG Electronics is [...]
SEOUL, May 12 (Korea Bizwire) – The head-on crash between South Korea and China in the display market is evolving into legal disputes. According to the website of the Intermediate People’s Court of Chongqing Municipality, China-based BOE Technology Group Co. recently filed several lawsuits against the Chinese units of Samsung Electronics Co. and Samsung Display [...]
SEOUL, May 11 (Korea Bizwire) — For the past few years, Samsung Electronics has been the dominant player in the global foldable smartphone market, where early tech adopters have lugged around small tablet-sized phones in exchange for creative dual screen use. Now, the South Korean tech giant is facing its most serious competitor yet — [...]
SEOUL, May 11 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Thursday its first-quarter net profit declined 32 percent from a year earlier due to a base effect. KT’s net income amounted to 309.6 billion won (US$234.2 million) on a consolidated basis in the first three months of the year, down [...]
SEOUL, May 11 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Thursday its first-quarter net profit declined 9 percent from a year earlier due to compensation for network failures earlier this year. Its net income reached a net profit of 155.1 billion won (US$117.7 million) for the January-March period on [...]