The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
GANGNEUNG, April 30 (Korea Bizwire) — On a fine Saturday, the city of Gangneung, nestled in the heart of Gangwon Province, made a noble declaration to champion the cause of stray animals by harnessing the power of cutting-edge virtual reality (VR) technology. The city’s visionary plan involves creating immersive 3D images of the charming interior [...]
SEOUL, April 30 (Korea Bizwire) — Doosan Corp., the holding company of South Korea’s energy-to-construction equipment conglomerate, said Sunday it has signed an initial pact with a U.S. industrial automation firm to expand into the U.S. smart factory market. On April 25 (U.S. time), Doosan Corp. signed a memorandum of understanding (MOU) with Rockwell Automation, [...]
GENEVA, April 28 (Korea Bizwire) –The World Trade Organization (WTO) on Friday confirmed a ruling in favor of South Korea in a dispute over the United States’ safeguard measures on large-sized residential washers and parts, officials said. The WTO’s dispute settlement body endorsed a report issued by an appeals panel in February that it could [...]
SEOUL, April 28 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Friday it will compensate more than 4 million customers for a network disruption caused by distributed denial-of-service (DDoS) attacks earlier this year. The company’s network had suffered partial disconnections for a combined five times on Jan. 29 and Feb. [...]
SEOUL, April 28 (Korea Bizwire) — Games inspired by the aesthetics of Japanese anime are no longer just popular among subculture fandom, but are also gaining popularity among mainstream gamers. All 7,000 tickets for the 1.5-anniversary festival of the collectible role-playing game “Blue Archive,” taking place in Goyang, Gyeonggi Province next month, sold out in [...]
SEOUL, April 28 (Korea Bizwire) — Samsung Electronics Co. said Thursday it is presenting its first-ever 89-inch microLED display at the Appliance & Electronics World Expo 2023 in Shanghai. MicroLED technology provides best-in-class picture quality, as it uses micrometer-sized LEDs to produce light and color without requiring a backlight or color filter. Additionally, these LEDs can [...]
SEOUL, April 27 (Korea Bizwire) — LG Electronics Inc. on Thursday said its operating profit for the January-March period declined 23 percent from a year earlier amid the on-going macroeconomic woes that dampened consumer demand. The South Korean tech company posted a first-quarter operating profit of 1.49 trillion won (US$1.1 billion), down 22.9 percent from [...]
SEOUL, April 27 (Korea Bizwire) — The South Korean government on Thursday demanded LG Uplus Corp., South Korea’s No. 3 mobile carrier, expand its information security workforce and investment to improve its relatively loose network security, which was breached by unknown hackers earlier this year. The personal data of 290,000 of the company’s customers, including [...]
SEOUL, April 27 (Korea Bizwire) – Samsung Electronics Co. on Thursday reported its worst quarterly profit in 14 years, as global economic woes dented demand for consumer electronics and a chip glut battered its core business. The world’s largest memory chip and smartphone maker reported operating profit of 640.2 billion won (US$478 million) during the [...]
SEOUL, April 27 (Korea Bizwire) — The National Geographic Information Institute has completed a high-precision map for general national roads, following the earlier completion of a similar map for highways. The primary aim of these maps is to support autonomous driving, but they can also be used for high-precision navigation and Advanced Driver Assistance Systems [...]