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LG Electronics Signs Wi-Fi Patent Licensing Deal With Amazon as It Expands Global IP Strategy

LG Electronics Signs Wi-Fi Patent Licensing Deal With Amazon as It Expands Global IP Strategy

SEOUL, Nov. 20 (Korea Bizwire) — LG Electronics said on Nov. 20 that it has signed a patent licensing agreement with Amazon covering the use of LG’s Wi-Fi standard-essential patents (SEPs) in the U.S. tech giant’s consumer devices, marking a significant step in the Korean company’s push to monetize its intellectual property portfolio. Under the agreement, [...]

Krafton, Former Subnautica Studio Heads Clash in U.S. Court Over Game Delays

Krafton, Former Subnautica Studio Heads Clash in U.S. Court Over Game Delays

SEOUL, Nov. 20 (Korea Bizwire) – Krafton Inc. has claimed that former leadership of its U.S. subsidiary Unknown Worlds was negligent in developing the survival game Subnautica 2, leading to delays that triggered a legal dispute in the United States, company officials said Thursday. Krafton Chief Executive Officer (CEO) Kim Chang-han filed such a claim [...]

Samsung Display Reaches Settlement With BOE in Major OLED Tech Dispute

Samsung Display Reaches Settlement With BOE in Major OLED Tech Dispute

SEOUL, Nov. 19 (Korea Bizwire) – Samsung Display Co. has reached a settlement with China’s BOE Technology Group Co. over technology infringement involving organic light-emitting diode (OLED) displays, ending a nearly three-year dispute in the South Korean company’s favor, sources said Wednesday. The U.S. International Trade Commission (ITC), which was originally set to deliver a [...]

LG Deepens Push Into Global Markets With AI-Powered Stock Prediction Model Developed With LSEG

LG Deepens Push Into Global Markets With AI-Powered Stock Prediction Model Developed With LSEG

SEOUL, Nov. 19 (Korea Bizwire) — LG AI Research is accelerating its entry into major global equity markets with a new artificial intelligence–driven forecasting model developed in partnership with the London Stock Exchange Group (LSEG), aiming to capture rising demand for automated investing tools. The model, called the AI Equity Forecasting Score (AEFS), analyzes roughly 5,000 [...]

Samsung Supplies TVs, Digital Signage to Royal Caribbean’s Star of the Seas

Samsung Supplies TVs, Digital Signage to Royal Caribbean’s Star of the Seas

SEOUL, Nov. 19 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it has supplied 6,000 units of TVs and signage displays to the Star of the Seas, the world’s largest cruise ship, operated by Royal Caribbean Group. The South Korean tech giant supplied Crystal UHD Hospitality TVs for guest cabins on the 365-meter-long cruise, offering [...]

Supreme Court Orders New Review in Philips Korea Transfer Pricing Tax Dispute

Supreme Court Orders New Review in Philips Korea Transfer Pricing Tax Dispute

SEOUL, Nov. 19 (Korea Bizwire) — South Korea’s Supreme Court has overturned a lower-court ruling that sided with Philips Korea in a high-profile dispute over transfer pricing taxes, sending the case back to an appellate court for further review. In a decision disclosed Wednesday, the court reversed a ruling that had canceled most of the 90.5 [...]

‘Ask ChatGPT First’: Elementary Classrooms Struggle With Early AI Overuse

‘Ask ChatGPT First’: Elementary Classrooms Struggle With Early AI Overuse

SEOUL, Nov. 18 (Korea Bizwire) —  As major universities grapple with cheating scandals linked to artificial intelligence, concerns are now spreading to the very start of the country’s education system: elementary schools, where students are increasingly outsourcing thinking and assignments to AI tools. Teachers in Seoul report that upper-grade students now instinctively turn to AI [...]