The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Nov. 15 (Korea Bizwire) — The CEO of the Dutch chip equipment maker ASML Holding NV said Tuesday building a new chip cluster in South Korea reflects the company’s preparation for sustained growth in what he said is an industry that will only continue to expand. Building a Korean supply base “is a significant [...]
SEOUL, Nov. 15 (Korea Bizwire) — The Seoul Metropolitan Government announced that its ‘Metaverse Seoul’ was named as one of the Best Inventions of 2022 by the U.S. news magazine TIME. Metaverse Seoul was recognized as the only case of innovation among public inventions in the metaverse category. It is a metaverse platform established for [...]
SEOUL, Nov. 15 (Korea Bizwire) — Air conditioners, once regarded as home appliance items only for the summer season, are evolving towards use in all four seasons thanks to the application of various functions, including not only air-conditioning but also air purifying and a variety of heating options. LG Electronics Inc. analyzed the data of [...]
SEOUL, Nov. 14 (Korea Bizwire) — Sleep deprivation is prevalent in the modern world. Smartphone lights confuse the natural sleep-and-wake cycle of ordinary people, and the remote working culture makes it harder for them to switch off, even at night. There is also an acceptance — or even a glorification — of forgoing sleep, fueled [...]
SEOUL, Nov. 11 (Korea Bizwire) — A South Korean research team has developed a new technology that enables remote real-time monitoring of the location and owner of fishing nets via electronic tags. The Gwangju Institute of Science and Technology (GIST) said Thursday that it will carry out a marine demonstration test for the commercialization of [...]
SEOUL, Nov. 11 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, said Thursday it will make a US$2 million strategic investment in U.S.-based digital medicine company Sonde Health Inc. Sonde Health has developed vocal biomarker technology that can analyze subtle signs of changes in the voice — the volume, pitch or difference [...]
SEOUL, Nov. 10 (Korea Bizwire) — The U.S. live video-streaming platform Twitch said Thursday it will suspend its video-on-demand (VOD) service in South Korea next month, seen as a protest against the country’s controversial network usage fee. “From Dec. 13, 2022, viewers in Korea will no longer be able to watch VOD content,” it said [...]
SEOUL, Nov. 10 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday its third-quarter net profit dropped 66.7 percent from a year earlier due mainly to last year’s spinoff of its semiconductor businesses. The company logged a net profit of 245.6 billion won (US$180.4 million) on a consolidated basis in the [...]
SEOUL, Nov. 9 (Korea Bizwire) — The photo- and video-sharing platform Instagram saw the largest increase among South Korean users in their teens and 20s among all social media apps in the last 12 months, data showed Tuesday. Mobile app tracker Wiseapp conducted a survey of Android and iOS users over 10 years of age, [...]
SEOUL, Nov. 9 (Korea Bizwire) — South Korea’s home appliance makers are targeting consumers with small-size home appliances amid the economic downturn. LG Electronics Inc. released the new LG Dios Dishwasher Objet Collection for 6 People, which can be installed in a smaller kitchen. It is suitable for households with one or two people, and [...]