The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Jan. 23 (Korea Bizwire) — Battery stocks, long sidelined by a global slowdown in electric vehicle demand, are staging a sharp comeback in South Korea’s exchange-traded fund market, buoyed by growing investor optimism around the emerging humanoid robot industry. Data released Friday by Koscom show that battery-related ETFs dominated the top of last week’s [...]
SEOUL, Jan. 23 (Korea Bizwire) – Samsung Electro-Mechanics Co. said Friday its fourth-quarter net profit rose 7.6 percent from a year earlier, amid strong global investment in artificial intelligence (AI) infrastructure. Net profit for the October-December period came to 227.3 billion won (US$154.8 million), compared with 208.4 billion won tallied a year earlier, the company [...]
SEOUL, Jan. 22 (Korea Bizwire) – South Korea on Thursday formally enacted a far-reaching law governing the use of artificial intelligence, positioning itself as the first country to introduce a comprehensive legal framework aimed at curbing misinformation, deepfakes and other emerging risks tied to the technology. The legislation, known as the AI Basic Act, establishes national [...]
SEOUL, Jan. 22 (Korea Bizwire) — Com2uS Corp. said Wednesday that cumulative revenue from its baseball game franchises has exceeded 1 trillion won, marking a major milestone for one of South Korea’s longest-running mobile sports gaming series. The company has built its baseball gaming business steadily since launching the original “Com2uS Pro Baseball” series in 2008, [...]
SEOUL, Jan. 22 (Korea Bizwire) — Kakao Corp. said Wednesday that it has begun rolling out a major update to KakaoTalk, introducing artificial intelligence tools that turn shared photos into short videos and expand the capabilities of its in-app digital assistant. The new feature, called the “Canana Template,” allows users to convert images exchanged in chat [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korea said Wednesday it will sharply increase investment in nuclear fusion research this year, nearly doubling its budget as the government accelerates efforts to move the technology from laboratory development toward real-world demonstration and eventual commercialization. The Ministry of Science and ICT announced that it has finalized its 2026 [...]
SEOUL, Jan. 21 (Korea Bizwire) – Samsung Display Co. said Wednesday it is supplying three types of organic light-emitting diode (OLED) panels for automotive displays to China’s luxury electric vehicle (EV) brand Zeekr. The Korean company’s center information display (CID), passenger information display (PID) and rear seat entertainment (RSE) display are installed in Zeekr’s 9X [...]
SEOUL, Jan. 21 (Korea Bizwire) — The Bank of Korea on Wednesday introduced an in-house artificial intelligence system developed in partnership with Naver, the country’s largest internet company, as the central bank moves to strengthen its research capacity and safeguard control over sensitive financial data. The system, known as BOKI — short for Bank of Korea [...]
SEOUL, Jan. 21 (Korea Bizwire) — LG Electronics said Tuesday it will launch a new all-in-one garment care solution later this month, reinforcing its push to broaden the role of home appliances in daily clothing maintenance. The product, called the LG System Ironing, will be released on Jan. 26 and combines a steam iron, a handheld [...]
SEOUL, Jan. 20 (Korea Bizwire) – The market capitalization of Hyundai Motor Co. was seen approaching the 100 trillion-won (US$67.7 billion) level for the first time Tuesday, as growing investor optimism over its robotics and autonomous driving initiatives drove the company’s share price toward record highs. The share price of Hyundai Motor rose as high [...]