The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Sept. 23 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will participate in a global consortium of tech companies led by U.S. mobile carrier Verizon Communications Inc. to commercialize sixth-generation (6G) networks. The South Korean tech giant will join the Verizon 6G Innovation Forum, along with Meta Platforms Inc., Ericsson, Nokia Corp. and [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korea’s semiconductor rally is spilling over into smaller suppliers, as investor optimism over improving memory prices boosts not only giants like Samsung Electronics and SK hynix but also makers of materials, components and equipment. On Monday, Samsung Electronics closed up 4.77 percent at 83,500 won, touching an intraday [...]
SEOUL, Sept. 22 (Korea Bizwire) — Prime Minister Kim Min-seok said Monday the government will overhaul data protection systems at telecoms and financial companies following a series of security breaches at mobile carriers and a credit card issuer. Kim made the remark during an emergency government meeting convened to discuss responses to the hacking incidents [...]
SEOUL, Sept. 22 (Korea Bizwire) — Kakao Corp.’s simplified advertising platform for small businesses has surpassed 5,000 active accounts just two and a half months after its launch, the company said Sunday. Rolled out in June, the “Easy Ads” platform allows merchants to promote their shops on Kakao Map and KakaoTalk’s Biz Board with daily [...]
SEOUL, Sept. 22 (Korea Bizwire) — Naver’s artificial intelligence search service “AI Briefing” is gaining traction in image recognition, underscoring the company’s push to differentiate itself from global rivals like Google. Since late July, the Korean tech giant has integrated its Smart Lens feature with AI Briefing, allowing users to upload photos of restaurants, menus, or [...]
SEOUL, Sept. 18 (Korea Bizwire) — KT Corp. said Thursday the number of victims of a recent mobile payment breach has reached 362, with total damage estimated at 240 million won (US$173,000). South Korea’s No. 2 mobile carrier, which recently reported a series of unauthorized mobile payments following a suspected data leak, had initially reported [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Wednesday it has signed a supply deal with U.S. construction company Century Communities Inc. to provide its artificial intelligence (AI) home appliances to newly built houses. Under the agreement, LG Electronics will supply energy-efficient AI home appliances, including refrigerators, washing machines, [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s top electronics makers, Samsung Electronics and LG Electronics, are restructuring their television businesses amid mounting losses and intensifying competition from Chinese rivals. Samsung’s video display unit has expanded its voluntary retirement program to include more senior staff and halted the intake of new employees through internal transfers, [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea is rolling out an ambitious blueprint to transform its manufacturing base with artificial intelligence, advanced semiconductors, and clean energy infrastructure, part of President Lee Jae-myung’s drive to position the country among the world’s top four manufacturing powers by the end of the decade. The Ministry of Trade, [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea has entered the ranks of the world’s top four most innovative economies, according to the 2025 Global Innovation Index (GII) released Tuesday by the World Intellectual Property Organization (WIPO). The country placed fourth overall among 139 economies, its highest ranking to date, and claimed the top spot in [...]