The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Feb. 2 (Korea Bizwire) — Kakao Brain, an artificial intelligence (AI) unit of South Korea’s tech giant Kakao Corp., has announced that it participated in the creation of the cover of the February edition of Fortune Korea in collaboration with local firm VAIV Company Inc. VAIV Company extracted a total of 56 associated words [...]
SEOUL, Feb. 1 (Korea Bizwire) — SK hynix Inc. said Wednesday it swung to a deficit in the fourth quarter due to the global chip market’s slowdown amid weak demand and oversupply. The world’s second-largest memory chip maker logged an operating loss of 1.7 trillion won (US$1.37 billion) for the three months ending in December, [...]
SEOUL, Feb. 1 (Korea Bizwire) — Twelve South Korean websites attacked by a Chinese hacking group have been fully restored more than a week after the incident, officials said Wednesday. The Chinese attackers, identifying themselves as Xiaoqiying, hacked into the websites of 12 academic organizations and institutions on Jan. 22, including the Korea Research Institute [...]
SEOUL, Feb. 1 (Korea Bizwire) — Woowa Brothers Corp., the operator of food delivery app Baedal Minjok, said Wednesday it has established a new company to sell and develop server robots, as demand for automated services grows in South Korea. The subsidiary called B-Robotics is wholly-owned by Woowa Brothers. The move came amid growing demand [...]
SEOUL, Feb. 1 (Korea Bizwire) — South Korean tech firms are cutting off support for various add-on services to focus on their primary services and overcome the current economic downturn. Kakao Corp., the operator of South Korea’s largest messenger app KakaoTalk, shut down a subscription platform service last month. This service was launched in June [...]
DAEJEON, Feb. 1 (Korea Bizwire) — The Korea Advanced Institute of Science and Technology (KAIST) announced on Tuesday that its researchers had developed a counter-terror anti-drone technology for use in urban areas. After finding that drone makers’ control function components have different electromagnetic sensitivity, the research team analyzed the sensitivity-maximizing frequency by drone brand. With [...]
SEOUL, Feb. 1 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday it developed a new cell tower safety inspection system using drones and image analysis artificial intelligence (AI). The newly-developed image analysis AI model checks the status of nuts and bolts by analyzing images taken by drones. Cell towers with [...]
SEOUL, Jan. 31 (Korea Bizwire) — The South Korean government said Tuesday it will give a new operator the exclusive rights to an additional 5G network frequency band for three years in a bid to help local businesses enter the new high-speed network service sector. The new operator will be given the priority to use [...]
SEOUL, Jan. 31 (Korea Bizwire) — Samsung Electronics Co. reaffirmed Tuesday it has no plan to cut investment for this year despite disappointing earning results in the fourth quarter on a slump in demand. While unfavorable market conditions are expected to persist, “on the flip side, this is a great opportunity for us to prepare [...]
SEOUL, Jan. 29 (Korea Bizwire) — Toss Mobile, a new budget telecom arm of South Korean fintech service provider Viva Republica Inc., said Sunday it has attracted 150,000 pre-applications ahead of its official launch this week. Toss Mobile, which will open Monday, is a mobile virtual network operator (MVNO) that aims at providing affordable subscription [...]