The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Apr. 18 (Korea Bizwire) – Over the past decade, Taiwan’s 100 largest companies by market capitalization have surpassed their South Korean counterparts in terms of total market value and operating profits, according to a new analysis. A study by the corporate data research firm CEOScore, which examined the top 100 non-financial companies in South Korea [...]
SEJONG, Apr. 18 (Korea Bizwire) – The Fair Trade Commission of South Korea has launched an investigation into allegations that the online game “Night Crows” manipulated the probabilities of obtaining in-game items. According to industry sources, the commission dispatched investigators to the headquarters of WeMade, the game’s developer, in Seongnam, Gyeonggi Province, to secure data related [...]
SEOUL, April 17 (Korea Bizwire) – While South Korea demonstrates robust human capital for artificial intelligence (AI) development, the country failed to produce any foundational AI models last year and is experiencing an outflow of talent to other nations, according to a new report from Stanford University’s Human-Centered Artificial Intelligence Institute (HAI). The “AI Index 2024″ [...]
SEOUL, April 17 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chipmaker, said Wednesday it has developed the industry’s first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications. The new chip supports the industry’s highest performance of up to 10.7 gigabits-per-second (Gbps), improving performance by [...]
MILAN, Apr. 16 (Korea Bizwire) – The crucial moment when a product captivates a consumer’s heart lasts an average of 0.6 seconds, and if a company fails to seize that fleeting opportunity, it cannot emerge victorious. This realization prompted Lee Kun-hee, the former chairman of Samsung, to gather his top executives in Milan, the global capital [...]
SEOUL, Apr. 17 (Korea Bizwire) — World IT Show 2024, the largest information and communications technology exhibition in South Korea, kicked off Wednesday in Seoul to showcase cutting-edge technologies of local and global companies, its organizer said. The three-day event is themed on “Innovation in everyday life, created by artificial intelligence (AI),” with 446 companies [...]
SEOUL, Apr. 17 (Korea Bizwire) – Samsung Electronics announced on April 16 that its flagship Galaxy S24 smartphone series incorporates an amount of recycled plastic equivalent to approximately 50 million 500-milliliter plastic water bottles. In a post from its official newsroom, the company estimated that the recycled plastic used in the Galaxy S24 series this year [...]
SEOUL, Apr. 17 (Korea Bizwire) – As the new Korean Baseball Organization (KBO) season kicks off, baseball enthusiasts are flocking to interest-based chat services operated by Naver and Kakao, South Korea’s leading internet companies. According to industry sources, Naver’s open chat service, Open Talk (Naver Talk), now features dedicated chat rooms for each of the KBO’s [...]
SEOUL, Apr. 17 (Korea Bizwire) – As controversy swirled over the global circulation of an online slot machine game featuring the revered Korean naval commander Admiral Yi Sun-sin, the Korea Communications Standards Commission vowed to actively monitor and review such offerings to prevent their proliferation. The commission first requested that platform operators like YouTube enforce self-regulation [...]
INJE, Apr. 17 (Korea Bizwire) – Inje County in Gangwon Province, South Korea, has unveiled a smart farm greenhouse facility that utilizes renewable energy sources to cultivate subtropical plants. The county announced the completion of the project and its opening to the public on April 16. Covering an area of approximately 4,950 square meters, the smart [...]