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

Samsung Halve Performance Bonuses for Employees Due to Sluggish Sales

Samsung Halve Performance Bonuses for Employees Due to Sluggish Sales

SEOUL, Dec. 22 (Korea Bizwire) — The performance-based bonuses that Samsung Electronics Co. paid to its employees declined sharply in second-half of this year amid weaker than expected sales resulting from the economic slump, industry sources said Wednesday. Samsung unveiled what it calls target achievement incentives (TAI) based on its workers’ performance, which could be [...]

Institute Uncovers Cause of Reduction in EV Battery Life

Institute Uncovers Cause of Reduction in EV Battery Life

SEOUL, Dec. 21 (Korea Bizwire) — The Korea Institute of Science and Technology said Tuesday its research team had identified the cause of the sharp decline in the life of electric vehicle (EV) batteries using manganese-based spinel cathode materials. These findings are expected to greatly contribute to increasing the potential for commercialization. Thus far, it [...]

Man Nabbed for Hacking Built-in Home Cameras of 400,000 Households

Man Nabbed for Hacking Built-in Home Cameras of 400,000 Households

SEOUL, Dec. 20 (Korea Bizwire) — A hacker in his 30s was arrested on charges of infiltrating built-in home cameras at over 600 different apartment complexes and distributing recorded footage, police said Tuesday. In South Korea, it is common for internet-connected home security devices with cameras to be installed in apartment complexes. A wall-pad device, [...]

Game Companies Go All-Out to Secure New IP

Game Companies Go All-Out to Secure New IP

SEOUL, Dec. 20 (Korea Bizwire) – South Korean game companies are expanding their scope of business towards content like TV dramas, webtoons and web novels, encouraged by the success of local cable channel JTBC’s corporate drama “Reborn Rich” that was invested in and produced by a Com2uS Corp. affiliate. RaemongRaein Co., which participated in the production [...]

S. Korea’s Lunar Orbiter Danuri Succeeds 1st Lunar Orbit Insertion Maneuver

S. Korea’s Lunar Orbiter Danuri Succeeds 1st Lunar Orbit Insertion Maneuver

SEOUL, Dec. 19 (Korea Bizwire) — South Korea’s unmanned space vehicle Danuri has successfully performed its first lunar orbit insertion (LOI) maneuver, the initial step to enter the orbit of the moon, the state space research center said Monday. The unmanned space vehicle, which carried out the LOI maneuver at 2:45 a.m. on Saturday, carried [...]