The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, May 22 (Korea Bizwire) – LG Electronics announced Wednesday that it has surpassed 10 million cumulative OLED TV sales in Europe, marking a major milestone in the company’s global expansion and long-standing dominance in premium television technology. Since launching its OLED TV lineup in the European market in 2013, LG reached 5 million units in [...]
SEOUL, May 22 (Korea Bizwire) — South Korea’s internet giant Kakao Corp. said Thursday it has spun off Daum, the country’s second-largest internet portal, in a bid to revive the platform’s competitiveness amid a declining market share. During a board of directors meeting, Kakao approved the plan to spin off the in-house team managing Daum [...]
SEOUL, May 22 (Korea Bizwire) — Lee Hae-jin, founder of South Korea’s top portal Naver Corp., met with Nvidia Corp. Chief Executive Officer (CEO) Jensen Huang in Taiwan on Thursday to discuss cooperation in artificial intelligence (AI) and other key areas, industry sources said. During the meeting, Lee, who serves as chairman of the company’s [...]
SEOUL, May 22 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. said Thursday they have partnered with Incheon International Airport Corp. for real-world testing of their artificial intelligence (AI)-powered automatic charging robot (ACR) for electric vehicles (EVs). Under a memorandum of understanding, the companies will conduct a pilot test program of the ACR system [...]
SEOUL, May 22 (Korea Bizwire) — Google may launch a cheaper version of YouTube Premium without its music streaming component in South Korea in a move aimed at addressing concerns over alleged anti-competitive practices, the country’s antitrust watchdog said Thursday. The self-proposed measure is part of negotiations between the U.S. tech giant and the Fair [...]
SEOUL, May 22 (Korea Bizwire) —SK hynix Inc. said Thursday it has developed a mobile universal flash storage (UFS) chip based on the world’s highest 321-layer 1 terabit NAND flash technology, delivering faster, more power-efficient data processing tailored for on-device artificial intelligence (AI). The new UFS 4.1 product offers a 7 percent improvement in power [...]
SEOUL, May 22, 2025 (Korea Bizwire) — After a prolonged slump driven by scandals and user attrition, South Korea’s blockchain gaming industry is showing signs of a robust revival, fueled by new product launches and anticipation of a more favorable regulatory climate under the incoming administration. Nexon, one of South Korea’s largest game developers, officially launched [...]
TAIPEI, May 21 (Korea Bizwire) — Samsung Display’s latest ultra-high-definition (UHD) QD-OLED panel for gaming monitors is receiving enthusiastic feedback at Computex 2025, Asia’s largest IT trade show, being held through May 23 in Taipei. Making its debut appearance at the event, Samsung Display unveiled a 27-inch UHD (3840×2160) QD-OLED monitor panel with a pixel density [...]
SEOUL, May 21 (Korea Bizwire) — KT Corp. announced Wednesday that it will join forces with SK Broadband and LG Uplus to launch a unified IPTV viewer data platform by the end of the year, aiming to provide more precise and representative audience metrics than traditional TV ratings systems. The platform will aggregate anonymized viewing logs [...]
SEOUL, May 21 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has signed a deal with CSC ServiceWorks Inc., a leading U.S. laundry service company, to supply commercial washers as part of its broader strategy to expand its business-to-business (B2B) operation. Through the agreement, LG Electronics aims to strengthen its presence in the North [...]