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The latest technology news coverage. We bring you the latest information on what is happening in Korea today.

Hyundai Motor Group Accelerates Mobile Robot Development

Hyundai Motor Group Accelerates Mobile Robot Development

SEOUL, May 18 (Korea Bizwire) — Hyundai Motor Group said Tuesday it had signed a two-year deal with SOS Lab, a specialist in solid state light detection and ranging (LiDAR) sensors, to promote cooperation as part of efforts to accelerate the development of mobile robots. At present, SOS Lab sells high-resolution 2D/3D LiDAR for use in industrial robots and [...]

Qualcomm Among Samsung’s Top 5 Clients for 1st Time Due to Foundry Biz

Qualcomm Among Samsung’s Top 5 Clients for 1st Time Due to Foundry Biz

SEOUL, May 17 (Korea Bizwire) — U.S. chipmaker Qualcomm was included among Samsung Electronics Co.’s top five clients in the first quarter, a document showed Tuesday, largely due to chip contract manufacturing. In a quarterly corporate filing, the South Korean tech giant named Apple, Best Buy, Deutsche Telekom, Qualcomm and Supreme Electronics as its five [...]

Hyundai E&C to Issue Non-fungible Tokens for 75th Anniversary

Hyundai E&C to Issue Non-fungible Tokens for 75th Anniversary

SEOUL, May 17 (Korea Bizwire) — Major South Korean builder Hyundai Engineering & Construction Co. said Tuesday it will issue non-fungible tokens (NFTs) to celebrate the 75th anniversary of its foundation this year. To that end, Hyundai E&C recently signed a memorandum of understanding with local digital entertainment provider Sandbox Network on mutual exchange and [...]

Blockchain Gaming Industry Concerned over TerraUSD, Luna Debacle

Blockchain Gaming Industry Concerned over TerraUSD, Luna Debacle

SEOUL, May 16 (Korea Bizwire) — South Korean game companies with products featuring virtual coins and other blockchain functionalities remain on heightened alert over adverse effects from the recent collapse of the TerraUSD and Luna cryptocurrencies, industry officials said Monday. Cryptocurrencies operated by South Korean gaming companies for in-game purchases and trading have undergone volatile [...]