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

(CES) LG CEO Vows to Drive Growth with Diversified Business Portfolio

(CES) LG CEO Vows to Drive Growth with Diversified Business Portfolio

LAS VEGAS, Jan. 4 (Korea Bizwire) — LG Electronics Inc. will continue to diversify its business portfolio well beyond home appliances and seek new ways to drive growth, its top executive said Wednesday. “While continuing to invest in its core business technologies like artificial intelligence and 6G, LG is expanding its business into electric vehicle charging, [...]

(CES) Samsung’s New TVs, Fridges Get Smarter with Incremental New Features

(CES) Samsung’s New TVs, Fridges Get Smarter with Incremental New Features

LAS VEGAS, Jan. 3 (Korea Bizwire) — There were few big surprises and eye-popping innovations at Samsung Electronics’ media events Tuesday, where its latest home gadgets were on full display ahead of the opening of CES 2023. To be fair, the South Korean tech giant did upgrade existing home appliances with new features, aimed at making [...]

S. Korea to Expand Tax Incentives for Chip Industry

S. Korea to Expand Tax Incentives for Chip Industry

SEOUL, Jan. 3 (Korea Bizwire) — South Korea will seek to expand tax incentives on strategic industries such as chips amid the heightening competition in the global market, the finance ministry said Tuesday. Under the proposed tax code revision, the government will apply a higher tax credit rate of 15 percent on facility investment in [...]

LG Unveils Vision for More Personalized, Smarter TV Ahead of CES 2023

LG Unveils Vision for More Personalized, Smarter TV Ahead of CES 2023

LAS VEGAS, Jan. 2 (Korea Bizwire) — LG Electronics Inc. unveiled a vision for its TV business on Monday ahead of the opening of CES 2023, emphasizing connectivity and customization. The consumer electronics giant will dedicate itself to fulfilling the vision of Sync to You, Open to All, it said, based on its advanced organic light-emitting [...]

Gyeonggi Prov. Introduces System to Track Down Virtual Assets of Delinquent Taxpayers

Gyeonggi Prov. Introduces System to Track Down Virtual Assets of Delinquent Taxpayers

SUWON, Dec. 30 (Korea Bizwire) — Gyeonggi Province said Thursday it will introduce an electronic delinquency tax management system that automatically tracks and confiscates the virtual assets of delinquent taxpayers to save time spent on processing tax payment failures. The provincial office began developing the system in January of this year, reaching completion in September. [...]