The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, March 13 (Korea Bizwire) — In the late 1980s, Japan was a semiconductor powerhouse, accounting for more than 50 percent of sales by country and region. However, Japan’s semiconductor industry has declined, and the market is now dominated by Taiwan and South Korea, with the U.S. perceiving China’s growth as a threat. The U.S. [...]
SEOUL, March 13 (Korea Bizwire) — Samsung SDS Co.’s Dongtan Data Center, arguably the first Internet Data Center for High Performance Computing (HPC) in South Korea, is garnering attention with its eco-friendly server cooling method that doesn’t require power. The method dissipates data server heat by utilizing external air in winter or in-between seasons when [...]
SEOUL, March 12 (Korea Bizwire) — Samsung Electronics, the world’s largest TV maker, has made a surprising comeback in the OLED TV market after withdrawing 10 years ago due to yield problems. The company recently introduced a new product that will compete directly with its biggest rival, LG Electronics, which has been leading the OLED market. [...]
DAEJEON, March 10 (Korea Bizwire) — A South Korean research team has developed an unmanned smart farm robot that can harvest and transport fruits without the need for human help. The Korea Institute of Machinery and Materials said Thursday that its researchers has developed a special robot that can harvest garden crops such as fruits [...]
SEOUL, March 9 (Korea Bizwire) — SK Networks Co., a trading and ICT distribution unit under SK Group, said Thursday it has acquired a 2.6 percent stake in a U.S. artificial intelligence (AI) startup, in its latest investment in AI technologies. SK Networks spent US$22 million in direct and indirect investments in the $100 million [...]
SEOUL, March 9 (Korea Bizwire) — AliExpress Korea plans to invest about 100 billion won (US$75.7 million) in South Korea this year, the top executive said Thursday, as the online retailer backed by China’s Alibaba Group is pushing to strengthen its presence in the growing cross-border shopping market. The investment is meant “to offer more [...]
SEOUL, March 9 (Korea Bizwire) — LG Electronics Inc. said Thursday it is scaling up its research and development operations in Vietnam to respond to a rapidly growing electric vehicle (EV) parts business. The South Korean tech company held a ceremony Wednesday to celebrate the opening of a new entity in Hanoi, in a bid [...]
SEOUL, March 9 (Korea Bizwire) — The number of Facebook users in South Korea fell to a record low last month as a growing number of young people opted to use Instagram and other social media platforms, industry data showed Thursday. Facebook had a combined 9.79 million South Korean monthly active users (MAU) on the [...]
SEOUL, March 9 (Korea Bizwire) — A South Korean research team said Wednesday it has developed new artificial intelligence (AI) technology to improve the accuracy of stent procedure, by ensuring a rapid diagnosis of coronary artery clogging during the treatment of cardiovascular diseases. Stent placement, in general, requires an optical coherence tomography (OCT) inspection that [...]
SEOUL, March 8 (Korea Bizwire) — LG Electronics Inc. said Wednesday it expects its TV business, centered around premium OLED TVs, to log an on-year growth this year despite sluggish demand amid stubbornly high inflation. “While the global TV market is likely to shrink this year due to lingering business uncertainties, we expect our TV [...]