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The latest technology news coverage. We bring you the latest information on what is happening in Korea today.

SK Telecom Tests Self-driving Patrol Robot on Campus

SK Telecom Tests Self-driving Patrol Robot on Campus

SEOUL, March 8 (Korea Bizwire) — SK Telecom Co., South Korea’s No. 1 wireless carrier, said Tuesday it will jointly develop and commercialize a self-driving patrol robot in collaboration with its cybersecurity service subsidiary SK shieldus Co. and a robot technology company Neubility by the end of this year. The self-driving robot will patrol a [...]

Samsung Launches Trial Distribution of Visual Aid Solution for Visually Impaired People

Samsung Launches Trial Distribution of Visual Aid Solution for Visually Impaired People

SEOUL, March 8 (Korea Bizwire) — Samsung Electronics Co. has launched the trial distribution of its visual aid solution for visually impaired people. The solution, named Relumino, is a device that acts as a visual aid to visually impaired people with residual vision. This device was developed by Samsung’s in-house venture incubator program C-Lab. Relumino [...]

Samsung’s Chip Inventory Up 77 pct Last Year amid Slump

Samsung’s Chip Inventory Up 77 pct Last Year amid Slump

SEOUL, March 7 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chipmaker, saw inventory held by its chipmaking division shot up 76.6 percent last year amid weak demand for chips around the globe, its annual report showed Tuesday. According to the report, its chipmaking unit’s inventory reached 29.06 trillion won (US$22.3 billion) at [...]

SK On to Take On Chinese Monopoly with Development of Low-cost LFP Batteries

SK On to Take On Chinese Monopoly with Development of Low-cost LFP Batteries

SEOUL, March 7 (Korea Bizwire) – The Korean battery industry is making strides in developing lithium iron phosphate (LFP) batteries, with SK On Co. set to unveil a prototype at the Interbattery exhibition later this month and LG Energy Solution Ltd. (LGES) is also expanding its LFP battery product portfolio. SK On will be the [...]

SK Telecom’s Market Share Dips Below 40 pct for the First Time

SK Telecom’s Market Share Dips Below 40 pct for the First Time

SEOUL, March 7 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. has seen its market share drop below 40 percent for the first time since the establishment of the three-company telecom system, data showed Monday. As per the Ministry of Science and ICT’s wireless communication service subscription status report released on Monday, [...]

Chips’ Inventory-to-sales Ratio Hits Near 26-year High amid Sluggish Demand

Chips’ Inventory-to-sales Ratio Hits Near 26-year High amid Sluggish Demand

SEOUL, March 5 (Korea Bizwire) — Inventory of South Korean chipmakers has increased to a nearly 26-year high in January, data showed Sunday, reflecting the sluggish global demand amid the economic uncertainties. The inventory-to-sales ratio of chips came to 265.7 percent in January, the highest since 288.7 percent posted in March 1997, according to the [...]

LG Unveils Small Modular Housing Concept

LG Unveils Small Modular Housing Concept

SEOUL, March 3 (Korea Bizwire) — LG Electronics Inc. on Thursday unveiled a new concept of residential space offering a distinguished customer experience by converging space with home electronics and services. The conpect, tentatively named LG Smart Cottage, is a small modular house equipped with LG’s advanced energy and air conditioning technology and filled with [...]