The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, July 28 (Korea Bizwire) — Meta, the operator of Facebook, on Thursday withdrew a controversial plan to deny access to users of its famous platform if they do not accept the terms of its privacy policy update, a government official said. The decision came as the Personal Information Protection Commission has been looking into [...]
SEOUL, July 28 (Korea Bizwire) — Samsung Electronics Co. on Thursday reported its second-quarter net profit of 11.09 trillion won (US$8.5 billion), up 15.2 percent from a year earlier, on the back of robust demand for server chips. Operating profit for the April-June period rose 12.2 percent on-year to 14.09 trillion won, the company said [...]
SEOUL, July 28 (Korea Bizwire) — Samsung Electronics Co. and LG Display Co. have aborted their negotiations over the supply of OLED panels for televisions. Kim Sung-hyun, senior vice president and CFO at LG Display, said during a conference call on Wednesday that the negotiations over OLED panel supply to Samsung Electronics had come to [...]
SEOUL, July 28 (Korea Bizwire) — South Korean builder SK ecoplant Co. plans to develop a technology to directly produce hydrogen from organic waste resources under an industry, academia and research institute collaboration system. The company said Wednesday it will jointly carry out the state project “Future Hydrogen Original Technology Development” launched by the National [...]
DAEJEON, July 28 (Korea Bizwire) — The Korea Advanced Institute of Science and Technology (KAIST) said Wednesday it had developed new artificial intelligence (AI) technology that can automatically decode chest X-ray images, identifying illnesses such as tuberculosis, pneumothorax and COVID-19. In collaboration with a domestic hospital, the research team developed a new AI algorithm featuring [...]
SEOUL, July 28 (Korea Bizwire) – Samsung Electronics Co. will showcase a visual archive of the 20th century through its “The Frame,” a premium TV which comes with stylish frame-like design to display artwork or photos when not in use. The tech giant said it had formed a partnership with the LIFE Picture Collection to [...]
SEOUL, July 27 (Korea Bizwire) – LG Display Co. said Wednesday it turned to red in the second quarter on production disruptions caused by China’s COVID-19 lockdowns and sluggish demand for display panels used in electronics products. The panel maker reported its second-quarter net loss of 382 billion won (US$290.8 million), turning from a profit [...]
SEOUL, July 27 (Korea Bizwire) — SK hynix Inc. said Wednesday it logged record quarterly sales and the best second-quarter operating profits in four years, driven by the sales of NAND flash and positive currency effects. The world’s second-largest memory chip maker reported its second-quarter net income of 2.87 trillion won (US$2.2 billion), up 44.7 [...]
SEOUL, July 27 (Korea Bizwire) — A senior official of the U.S. space agency has said he was “very impressed” by South Korea’s technical astuteness, as aerospace engineers of the two countries were working together to launch South Korea’s first lunar orbiter mission next month. The Korea Pathfinder Lunar Orbiter (KPLO) — also known as [...]
SEOUL, July 26 (Korea Bizwire) – “Extraordinary Attorney Woo,” a South Korean TV series about a rookie lawyer with autism spectrum disorder, has become the latest global K-drama sensation, dominating local cable show ratings and topping Netflix’s viewership chart of non-English shows for multiple weeks. And for all the praise the show has garnered, fans [...]