The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
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 [...]
ULSAN, Oct. 1 (Korea Bizwire) — South Korean researchers have unveiled an artificial intelligence system capable of predicting earthquake damage across nuclear power plant facilities using data from a single sensor, potentially transforming safety protocols in one of the most restricted environments for monitoring. A team led by Professor Lee Young-joo of the Ulsan National Institute [...]
SEOUL, Oct. 1 (Korea Bizwire) — In the wake of a string of high-profile data leaks, an overwhelming majority of South Koreans say they view such incidents as a serious threat and support adopting punitive damages similar to those in Europe and other advanced economies, a new poll shows. According to a Realmeter survey of 500 [...]
SEOUL, Oct. 1 (Korea Bizwire) — Naver announced Wednesday that it has entered into a strategic partnership with Uber Taxi, allowing its Naver Plus membership users to access Uber’s premium subscription service, Uber One, at no extra charge. Uber One, which Uber recently launched in Korea, offers benefits such as priority driver dispatch, cashback credits [...]
SEOUL, Sept. 30 (Korea Bizwire) — LG Electronics is set to complete the stock market listing of its Indian subsidiary as early as October, a move that could raise nearly 1.8 trillion won ($1.3 billion) and significantly bolster the company’s balance sheet. The South Korean manufacturer said Tuesday its board approved the sale of a [...]
SEOUL, Sept. 30 (Korea Bizwire) – Samsung Electronics Co. is expected to unveil its first tri-folding smartphone at the upcoming Asia-Pacific Economic Cooperation (APEC) summit, industry sources said Tuesday, According to the sources, the South Korean tech giant plans to showcase the new model at an exhibition on the sidelines of the multilateral summit, scheduled [...]
SEOUL, Sept. 30 (Korea Bizwire) — Naver Corp.’s sudden move to acquire Dunamu, operator of the global cryptocurrency exchange Upbit, has sent shock waves through South Korea’s technology sector, raising questions about the search giant’s long-term strategy and corporate governance. The deal, announced six months after founder Lee Hae-jin’s return as chairman of Naver’s board, is [...]
DAEJEON, Sept. 30 (Korea Bizwire) — South Korean scientists have unveiled the country’s first system capable of producing clean hydrogen at significantly lower costs, a development that could accelerate the nation’s transition to renewable energy. The Korea Institute of Machinery and Materials (KIMM) said Monday that a research team led by principal researcher Kim Young-sang [...]
DAEJEON, Sept. 30 (Korea Bizwire) — South Korea’s national standards institute has unveiled an artificial eye designed to mimic the human retina, a breakthrough aimed at improving the accuracy of diagnostic imaging for retinal diseases. The Korea Research Institute of Standards and Science (KRISS) said Monday it has developed a “retinal phantom,” a synthetic model [...]
SEOUL, Sept. 29 (Korea Bizwire) — KT Corp. on Monday unveiled SOTA K built on GPT-4o, a large language model developed in collaboration with Microsoft that the company says is optimized for Korean language and culture. The release marks the first time a Korean telecom has rolled out an AI system designed to overcome the [...]