The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, July 11 (Korea Bizwire) — Science and ICT Minister Lee Jong-ho on Monday met with the heads of South Korea’s three major telecom operators and requested the introduction of a new mid-tier mobile data product category that better suits users’ data usage. The request came amid recent calls that currently available two tier 5G [...]
SEOUL, July 8 (Korea Bizwire) — The Seoul Metropolitan Government said Thursday that it will develop a new artificial intelligence (AI) service that automatically searches and deletes video footage of sexual crime online. The service is capable of tracking down videos of sexual crime online with high accuracy, sending out requests to take the videos [...]
SEOUL, July 8 (Korea Bizwire) — The most frequently used data in the two years since the launch of the public financial data open service was company-related information, a top financial regulator said Thursday. The Financial Services Commission (FSC) said Thursday that a total of 87 application program interfaces (APIs) and more than 1.2 billion data [...]
SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday that it will launch a program with its chipmaking affiliate SK hynix Inc. to share their practical knowledge and know-how in the areas of semiconductors and artificial intelligence (AI) with local universities. The two companies will establish an online [...]
SEOUL, July 7 (Korea Bizwire) — LG Electronics Inc. on Thursday estimated its second-quarter operating profit decreased 12 percent year-over-year on weaker demand for TV and home appliances amid rising inflation and raw material costs. Its earnings guidance for the April-June period showed the tech company’s operating profit declined 12 percent from a year ago [...]
SEOUL, July 7 (Korea Bizwire) — Samsung Electronics Co. said Thursday it is likely to report its best second-quarter earnings in four years on the back of solid chip demand. In its earnings guidance, the South Korean tech giant estimated its operating profit at 14 trillion won (US$11 billion) for the April-June period, up 11.38 [...]
SEOUL, July 7 (Korea Bizwire) — The latest software update for KakaoTalk, South Korea’s most popular mobile messaging app, remained suspended for a week on the Google Play store Thursday, following the refusal by tech giant Kakao Corp. to comply with Google’s new in-app payment policy. Google turned down Kakao’s submission application for the latest [...]
SEOUL, July 6 (Korea Bizwire) — LG Innotek Co., a South Korean major electronics parts maker, said Wednesday it will invest 1.4 trillion won (US$1.07 billion) to expand the production capacity of camera modules and other electronic parts. LG Innotek, a camera module supplier for Apple’s iPhone, signed a memorandum of understanding with the city [...]
SEOUL, July 6 (Korea Bizwire) — South Korean convenience chains said Wednesday they plan to introduce limited drone delivery services in selected stores in leisure destinations, as competition to provide faster deliveries heats up. BGF Retail, the operator of CU convenience stores, said Wednesday it will start offering drone deliveries from its store in the [...]
SEOUL, July 6 (Korea Bizwire) — LG Electronics Inc. announced that one of the company’s OLED TVs had been selected as the Best OLED TV at the 2022 Summer Best Buy Awards hosted by HiVi, one of most powerful HiFi magazines in Japan. HiVi selects the best LCD and OLED televisions from each screen size. The LG OLED [...]