The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, July 6 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Wednesday it has reached a tentative deal with Finnish tech giant Nokia Corp. to cooperate in research and development (R&D) projects for next-generation wireless standards. According to LG Uplus, the two signed a memorandum of understanding Tuesday, calling for R&D [...]
SEOUL, July 6 (Korea Bizwire) — KT Corp., South Korea’s No. 2 mobile carrier, said Wednesday it has invested 30 billion won (US$23 million) in Rebellions Inc., a local artificial intelligence (AI) chip startup, to participate in the fast growing field of AI chips. The deal signed Monday marks KT’s second strategic investment in the [...]
SEOUL, July 6 (Korea Bizwire) — Two of South Korea’s biggest hospitals plan to develop an artificial intelligence (AI)-based platform to ensure early detection and diagnosis of autism spectrum disorder (ASD) for infants. A consortium formed by Seoul National University Hospital and Severance Hospital was selected as the lead organization for the development of ASD [...]
SEOUL, July 6 (Korea Bizwire) — Kakao Enterprise Corp., an artificial intelligence (AI) unit of the country’s largest mobile messenger operator Kakao Corp., ranked first in the kiosk category of the Face Recognition Vendor Test (FRVT) conducted by the U.S. National Institute of Standards and Technology. The FRVT is a globally-renowned facial recognition test that [...]
SEOUL, July 5 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has secured 8 trillion won (US$6.1 billion) worth of new orders for electric vehicle (EV) parts and solutions in the first half, a sign that its new growth engine is gaining ground. While the South Korean tech company did not reveal the details [...]
SEOUL, July 5 (Korea Bizwire) — SK hynix Inc. said Tuesday it has set up makeshift tents for workers in its chip fabrication factory in Wuxi, China, to prevent a potential citywide COVID-19 lockdown from disrupting its production. Eastern cities in China, including Wuxi, have recently reported an increasing number of coronavirus infections, raising fears [...]
SEOUL, July 5 (Korea Bizwire) — South Korea’s military is joining hands with IT representatives to train technology specialists. The Ministry of National Defense and the Ministry of Science and ICT announced Tuesday that they will start a joint artificial intelligence (AI) and software training program for military personnel, aimed at developing 1,000 military specialists for the [...]
SEOUL, July 5 (Korea Bizwire) — Samsung Electronics Co. is expected to report a more than 15 percent rise in operating profit for the second quarter, helped by strong semiconductor business despite slowing demand for smartphones and home appliances, a survey showed Tuesday. The world’s largest memory chip maker is forecast to log 14.5 trillion [...]
SEOUL, July 5 (Korea Bizwire) — South Korea on Tuesday started transporting the country’s first lunar orbiter to the United States ahead of next month’s launch using a SpaceX rocket, officials said. South Korea plans to launch the Korea Pathfinder Lunar Orbiter, also known as Danuri, aboard the SpaceX Falcon 9 rocket from Cape Canaveral [...]
BUSAN, July 5 (Korea Bizwire) — Pusan National University has developed a new device that can relieve pain as an alternative to opioid-based painkillers. The university announced on Monday that its researchers had developed a biometric implantable device using micro-electromechanical system (MEMS) fluid channel technology to relieve pain by cooling a targeted area of the [...]