The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Dec. 2 (Korea Bizwire) – South Korea’s gaming industry, long reliant on the lucrative “loot box” model, faces mounting legal and regulatory challenges after a landmark court ruling against Nexon. The Supreme Court upheld a decision ordering Nexon to partially refund a player for misrepresenting item probabilities in its popular game, MapleStory. The ruling is [...]
SEOUL, Dec. 2 (Korea Bizwire) — South Korea’s industry minister said Monday that the country plans to foster cooling equipment for data centers as one of its new export engines amid the growing demand for infrastructure to support the artificial intelligence (AI) boom. Industry Minister Ahn Duk-geun made the remark during his visit to LG [...]
SEOUL, Dec. 2 (Korea Bizwire) — Samsung Electronics Co., a pioneer in the semiconductor industry in South Korea, is facing significant challenges as the global memory market shifts toward artificial intelligence (AI)-focused technologies. The company’s three-decade reign as the world’s leading memory chipmaker is under pressure, largely due to its slower response to the growing [...]
SEOUL, Dec. 1 (Korea Bizwire) – As AI-integrated appliances cement their position as the mainstream in South Korea’s home electronics market, LG Electronics has emerged as the leader in customer satisfaction, according to a recent report. A study by corporate data research firm CEO Score, released Sunday, analyzed the top 100 products in five major appliance [...]
SEOUL, Dec. 1 (Korea Bizwire) – Samsung Electronics has officially launched its home appliance subscription service, directly competing with LG Electronics, which has established a strong foothold in this sector. Starting December 1, Samsung will roll out its “AI Subscription Club” through Samsung stores nationwide and its online platform, Samsung.com. The service allows customers to pay [...]
SEOUL, Nov. 29 (Korea Bizwire) – Samsung Electronics is expected to announce a significant reduction in its executive ranks during its upcoming annual leadership reshuffle scheduled for November 29. Among the most notable changes, around 100 executives from the semiconductor division (DS) are set to retire—a move that marks an unprecedented level of departures in [...]
SEOUL, Nov. 29 (Korea Bizwire) — Seventy-six artificial intelligence-based digital textbooks have been certified for classroom use for the first time, covering elementary to high school students, the education ministry said Friday. The textbooks, which were listed in the official gazette, are for the subjects of math, English and information for elementary school grades 3 [...]
SEOUL, Nov. 29 (Korea Bizwire) – Major South Korean pay TV operators are implementing voluntary retirement programs amid deteriorating business conditions, drawing criticism for shifting the burden of financial challenges onto workers. Following LG HelloVision, the country’s largest cable TV operator by subscribers, both Skylife and HCN have announced voluntary retirement plans. Skylife revealed its program during [...]
SEOUL, Nov. 29 (Korea Bizwire) — South Korea’s industry ministry on Friday hosted a session to discuss strategies for applying quantum computing technologies in industries, including biohealth, chemical and materials. The event at Yonsei University, attended by government, business and academic officials, came as the government aims to offer tailored support for the initiative, according [...]
SEOUL, Nov. 28 (Korea Bizwire) – Samsung is reinforcing its management structure to address challenges stemming from the downturn in its semiconductor business, which has contributed to a broader corporate crisis. The move follows a leadership reshuffle in Samsung Electronics’ semiconductor division on November 27 and involves the strategic deployment of trusted executives, including former members [...]