The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, June 10 (Korea Bizwire) — Despite its wealth of manufacturing data, South Korea lacks the standardization and integration infrastructure necessary to fully leverage industrial artificial intelligence (AI), according to a new report calling for more proactive engagement from both government and industry. In its latest publication, “AI-Driven Transformation of Korea’s Key Export Industries,” the [...]
DAEJEON, June 10 (Korea Bizwire) – Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a groundbreaking self-powered carbon dioxide monitoring system that converts ambient vibrations into electricity—eliminating the need for external power sources. As global industries face increasing regulatory pressure to monitor and reduce carbon emissions, demand is growing for more [...]
SEOUL, June 9 (Korea Bizwire) — Samsung Electronics retained its position as the top-selling microwave brand in Europe last year, marking its 10th consecutive year at the top of the market, the company announced Monday. According to market research firm Euromonitor, Samsung captured a 12% share of microwave sales across 19 European countries in 2024, leading [...]
SEOUL, June 9 (Korea Bizwire) — A majority of South Korean exporters recognize the need to employ artificial intelligence (AI) in their businesses to boost efficiency, but only a small fraction are actively utilizing the technology, a survey showed Monday. According to the survey conducted from Feb. 17-19 by the Korea International Trade Association (KITA), [...]
SEOUL, June 9 (Korea Bizwire) — Four in ten South Korean companies have already implemented artificial intelligence technologies in their operations, marking a rapid acceleration of AI adoption across industries, according to a new government-backed report released on June 8. The report, commissioned by the Ministry of Trade, Industry and Energy and conducted by E-Consumer, [...]
SEOUL, June 9 (Korea Bizwire) — South Korea’s alternative trading system (ATS), NextTrade (NXT), is rapidly gaining traction as a go-to platform for off-hours stock trading, with pre-market and after-hours volumes soaring fivefold over the past two months. Despite the momentum, the company says it will prioritize stability over aggressive expansion. According to figures released by [...]
SEOUL, June 9 (Korea Bizwire) — LG Group Chairman Koo Kwang-mo has visited Indonesia this month to inspect the group’s battery manufacturing and research operations, according to the group Monday, underscoring efforts to strengthen its competitiveness amid a temporary slowdown in global electric vehicle (EV) demand. According to group officials, Koo toured the production lines [...]
SEOUL, June 9 (Korea Bizwire) — South Korea’s residential system air conditioner market is experiencing robust growth, driven by rising consumer demand for efficient space cooling and stylish home interiors, as well as a boom in home remodeling. According to industry data released on June 8, more than 80% of households moving into new apartments [...]
SEOUL, June 9 (Korea Bizwire) — As cybersecurity concerns mount across South Korea, Samsung Electronics is stepping up its smartphone security, unveiling a series of anti-theft upgrades through its latest AI-integrated platform, One UI 7. According to industry sources on June 8, the tech giant has introduced advanced identity verification and theft-prevention features in its newest [...]
AI-Generated Video Depicting the Life of a Korean Man (Video provided by AI video production studio OutOffline) SEOUL, June 8 (Korea Bizwire) — As artificial intelligence-generated videos reach a level nearly indistinguishable from reality, a growing chorus of concern is emerging on South Korean social media platforms, warning of the technology’s potential for deception and misuse. [...]