The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
MUAN, Oct. 22 (Korea Bizwire) — In a country racing to secure its place in the global artificial intelligence arms race, South Jeolla Province has quietly become a surprising frontrunner. Backed by abundant renewable energy and vast land resources, the region is drawing some of the world’s biggest technology investments—including the government’s next national AI computing [...]
DAEJEON, Oct. 22 (Korea Bizwire) — As South Korea’s single-person households surpass 8 million, researchers at the Korea Advanced Institute of Science and Technology (KAIST) have unveiled a new approach to monitoring mental health using Internet of Things (IoT) data collected from home environments. KAIST announced Tuesday that a research team led by Professor Lee [...]
SEOUL, Oct. 22 (Korea Bizwire) — Amid a growing presence of service robots in South Korea’s restaurants and public facilities, concerns are mounting over potential hacking risks and the absence of government oversight to ensure their cybersecurity. According to data submitted by the Korea Internet and Security Agency (KISA) to Rep. Choi Su-jin of the opposition [...]
SEOUL, Oct. 21 (Korea Bizwire) — South Korea’s National Police Agency has suspended its use of a domestic artificial intelligence–based legal information platform, citing cost pressures and growing concerns over the reliability of AI-generated content after a recent controversy involving ChatGPT-created false legal citations. According to police officials on Tuesday, the agency announced on its internal [...]
SEOUL, Oct. 21 (Korea Bizwire) — A Seoul court on Tuesday acquitted Kim Beom-su, founder of tech giant Kakao Corp., of charges that he manipulated stock prices during the company’s high-profile takeover battle for K-pop powerhouse SM Entertainment, ending a nearly three-year legal saga that had clouded the firm’s reputation. The Seoul Southern District Court [...]
SEOUL, Oct. 21 (Korea Bizwire) – LG Electronics Inc. said Tuesday it has teamed up with Korea Aerospace Industries (KAI) Ltd. to jointly develop a next-generation flight simulator using the tech company’s advanced micro light-emitting diode (LED) display technology. The companies signed a memorandum of understanding (MOU) for the partnership centered around the Magnit micro [...]
SEOUL, Oct. 21 (Korea Bizwire) — Samsung Asset Management said Monday it will launch a new exchange-traded fund (ETF) that invests in companies participating in South Korea’s national “Sovereign AI” project, underscoring growing investor confidence in the country’s bid to develop its own artificial intelligence infrastructure. The KODEX Korea Sovereign AI ETF, set to debut on [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s three major telecom operators — SK Telecom, KT, and LG Uplus — are preparing to launch unified mobile pricing plans by the end of this year, in a bid to simplify what critics say has become an excessively complicated and confusing system for consumers. According to data submitted [...]
SEOUL, Oct. 20 (Korea Bizwire) — Samsung Electronics has launched a bold new marketing campaign calling out Chinese television makers for misleading consumers with what it describes as “fake QLED” technology — a rare instance of the South Korean tech giant directly confronting its competitors. On October 16, Samsung posted a video titled “Where Is the [...]
SEOUL, Oct. 19 (Korea Bizwire) — LG Display is on track to post its first annual profit in four years, buoyed by a sweeping shift toward organic light-emitting diode (OLED) technology and a sustained focus on cost efficiency. Analysts expect the company to report an operating profit exceeding 800 billion won ($580 million) this year, marking [...]