The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Oct. 18 (Korea Bizwire) — Artificial intelligence (AI) technology that analyzes new articles related to inflation will be capable of predicting the rising trend of consumer prices in the near future, a central bank report said Monday. The Bank of Korea used an AI language model to measure the “written tone” of news articles [...]
SEOUL, Oct. 18 (Korea Bizwire) – The Ministry of Land, Infrastructure and Transport and the National Geographic Information Institute on Monday unveiled high-precision satellite images and the process of making high-precision maps. Drones play an important role in land surveying. The introduction of exclusive drones mounted with high-resolution cameras has contributed to improving both precision [...]
SEOUL, Oct. 18 (Korea Bizwire) — LG Electronics Inc. is speeding up efforts to gain a stronger foothold in the logistics robot market on the back of its next-generation self-driving logistics robot, CLOi CarryBot. The tech giant recently announced that it had signed a memorandum of understanding with artificial intelligence (AI) startup FASSTO to promote [...]
SEOUL, Oct. 16 (Korea Bizwire) — A fire at a data center near Seoul has disrupted services of South Korea’s dominant messenger and internet portal for a day, affecting nearly all sectors of the country, even finance and transportation. The fire broke out at 3:33 p.m. Saturday at the building of SK C&C located in [...]
SEOUL, Oct. 15 (Korea Bizwire) — South Korea’s two major tech giants — Kakao Corp. and Naver Corp. — suffered a service malfunction on Saturday due to a fire at a data center, officials said. The blaze broke out at around 3:33 p.m. at the building of SK C&C located in Pangyo, just south of [...]
SEOUL, Oct. 14 (Korea Bizwire) — South Korea has drawn investment of a combined US$20 billion from Dutch and German semiconductor companies, the industry ministry said Friday. The investment pledges were made as Moon Dong-min, a deputy minister for trade and investment, visited the Netherlands and Germany for trade talks earlier this week, according to [...]
SEOUL, Oct. 13 (Korea Bizwire) — SK Gas, a key energy affiliate of energy and telecom conglomerate SK Group, said Wednesday it had developed a new artificial intelligence (AI)-based system that anticipates and simulates the yield of chemical processing, and introduced it to its subsidiary SK Advanced Co. The company is the first to use [...]
SEOUL, Oct. 13 (Korea Bizwire) — LG Electronics Inc. announced that it has developed new technology that prevents fires caused by electric arcs and signed an agreement with the Korea Electronics Technology Institute on Wednesday to jointly verify and standardize the technology. Arcs can be caused by partial severance of an electric cable, a loose [...]
SEOUL, Oct. 13 (Korea Bizwire) — Samsung Electronics Co. on Thursday showcased its latest updates to software and services at an annual tech conference, which it said were aimed at improving overall user experience through technology innovations. At the Samsung Developer Conference (SDC) 2022 in San Francisco, the South Korean tech giant unveiled the upgraded, [...]
SEOUL, Oct. 12 (Korea Bizwire) – SK hynix Inc., the world’s second-largest memory chip maker, said Wednesday it has been temporarily exempted from the United States’ export control measures and is allowed to continue normal production activities in China for one year. The U.S. Department of Commerce allowed the chipmaker and its business partners to [...]