The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Oct. 27 (Korea Bizwire) — Samsung Electronics Co. on Thursday posted a sharp drop in profits for the third quarter, as its main semiconductor business faced major headwinds from weakening memory chip prices and demand. The world’s largest memory chip and mobile phone maker said in a regulatory filing its third-quarter net profit declined [...]
DAEJEON, Oct. 27 (Korea Bizwire) — The Korea Institute of Geoscience and Mineral Resources said Wednesday its researchers had developed a new recycling process for waste coffee capsules. The research team crushed and washed waste coffee capsules composed of plastics (97.3 percent) and aluminum (2.7 percent) to remove coffee residue. With a secondary crushing process [...]
SEOUL, Oct. 26 (Korea Bizwire) — LG Display Co. said Wednesday its operating losses widened in the third quarter on slowing demand for its key products and falling prices, while remaining in deficit for the second quarter in a row. The major panel maker reported a third-quarter net loss of 774 billion won (US$542.7 million) [...]
SEOUL, Oct. 26 (Korea Bizwire) — SK hynix Inc. reported its third-quarter earnings Wednesday, falling short of analysts’ expectations on the top and bottom lines, amid a cyclical downturn of the global semiconductor industry. The chipmaker’s third-quarter net income was 1.1 trillion won (US$769.4 million), down 66.7 percent from a year earlier, according to a [...]
SEOUL, Oct. 26 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, said Tuesday it will operate a self-driving smart robot chair for three weeks on a trial basis at the Dongdaemun Design Plaza (DDP) in collaboration with the Seoul Design Foundation. Visitors can ride on the robot chair to take a look [...]
SEOUL, Oct. 26 (Korea Bizwire) — Hyundai Engineering & Construction Co., South Korea’s leading builder, has developed new technology that ensures smoother communication between inside and outside tunnels. The company announced on Tuesday that its “TV white-space (TVWS) serious industrial disaster prevention solution for underground tunnels” was designated as a regulatory sandbox case by the [...]
SEOUL, Oct. 25 (Korea Bizwire) — The Korean Publishers Association (KPA) said Tuesday it has filed a suit against Google over forcing content providers to use its in-app payment system on Android apps, marking the first such suit filed in South Korea. The association claimed the U.S. tech giant abused its monopoly power to force [...]
SEOUL, Oct. 25 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest wireless carrier, on Tuesday unveiled its new artificial intelligence (AI) services as part of its long-term strategy to transform itself from its traditional telecom identity into a digital platform service provider. Its AI brand, named “ixi,” offers AI-powered services for sports match predictions, [...]
SEOUL, Oct. 25 (Korea Bizwire) — A South Korean research team has developed a new technology that uses artificial intelligence (AI) deep learning to clearly recognize and identify the key features of human faces such as eyes, nose and lips, even in low-resolution images. The Gwangju Institute of Science and Technology (GIST) said Monday that [...]
SEOUL, Oct. 21 (Korea Bizwire) — Until recently, the robot market has been largely comprised of large, expensive industrial robots with fixed arms and manipulators used primarily for production and distribution of goods. Major customers for those industrial or factory robots are carmakers, electronics producers and metal and machinery manufacturing companies. However, the yearslong COVID-19 [...]