The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Nov. 17 (Korea Bizwire) – South Korean tech giant Samsung Group unveiled Sunday a 450 trillion-won (US$309.1 billion) investment plan for the next five years, as part of broader efforts to ramp up domestic investment after Seoul concluded its trade deal with the United States. Samsung Electronics Co., the crown jewel of the country’s [...]
SEOUL, Nov. 17 (Korea Bizwire) — South Korea’s Nuri rocket is set to lift off before dawn on Nov. 27 carrying 13 satellites, a diverse payload that underscores the country’s expanding ambitions in science, commercial space ventures and next-generation technology. According to the Korea Aerospace Research Institute (KARI), the fourth Nuri launch will carry the 516-kilogram [...]
SEOUL, Nov. 16 (Korea Bizwire) — LG Group said Sunday it reduced roughly 5.39 million tons of carbon emissions in 2024, marking a 26 percent drop from the previous year and putting the conglomerate ahead of its climate goals. The results were detailed in the latest LG Net Zero Special Reporting 2024, published on Nov. 14. [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea and the United States have agreed to strengthen digital trade freedoms and prevent discriminatory regulation against American firms operating in Korea, according to a joint fact sheet released Friday by the presidential office. Under the agreement, the two governments pledged to ensure that U.S. companies are not subjected [...]
SEOUL, Nov. 14 (Korea Bizwire) — OpenAI will begin piloting a new “group chat” feature for ChatGPT in South Korea, allowing multiple users to collaborate with the AI simultaneously within a single conversation window, the company announced Friday. The feature, which is also being tested in Japan, New Zealand and Taiwan, represents one of the company’s [...]
INCHEON, Nov. 14 (Korea Bizwire) – Mercedes-Benz Group AG plans to deepen its long-running technology and supply chain partnerships with leading South Korean companies, as the German automaker navigates evolving global supply chain dynamics, the company’s chief said Friday. Ola Kallenius, chairman and chief executive officer (CEO) of Mercedes-Benz, said during a media event in [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s drone exports have grown nearly tenfold over the past two years, yet the country remains a marginal player in the global market — a gap that analysts say requires urgent policy and industry action to close. According to a report released Friday by the Korea International Trade Association [...]
SEOUL, Nov. 14 (Korea Bizwire) — A South Korean appeals court has sided with game developer NCSOFT in a lawsuit filed by a Lineage M player who refused to share valuable in-game items obtained through joint play, ruling that the company’s action to confiscate the items and suspend the user’s account was justified. The Seoul High [...]
SEOUL, Nov. 13 (Korea Bizwire) — German business weekly WirtschaftsWoche (WiWo) has spotlighted South Korea’s aggressive push to become a global leader in artificial intelligence (AI), describing the country as one of the world’s most attractive emerging markets for technology investors. In an article titled “Why South Korea Is Becoming Increasingly Attractive to Tech Investors [...]
SEOUL, Nov. 13 (Korea Bizwire) – SK Telecom Co., South Korea’s largest mobile carrier, said Thursday it has conducted a major reorganization and personnel reshuffle aimed at restoring customer confidence and strengthening its focus on artificial intelligence (AI). The company said its organization has been regrouped into two main pillars — telecommunications and AI — [...]