The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, March 18 (Korea Bizwire) — A battle is brewing in South Korea’s semiconductor equipment industry as SK Hynix, one of the world’s largest memory chip makers, moves to diversify its suppliers of crucial chip-stacking machinery, challenging the longtime market dominance of Hanmi Semiconductor. The competition centers on thermal compression bonders (TC bonders), essential equipment used in [...]
SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Chairman Lee Jae-yong has issued a stern warning to the company’s executives, criticizing the loss of Samsung’s competitive strength and urging a bold, all-or-nothing approach to overcoming the crisis. According to industry sources, Samsung shared Lee’s message during an executive seminar aimed at restoring the company’s founding values. The [...]
SEOUL, March 17 (Korea Bizwire) — LG Electronics set a new record for research and development (R&D) spending in 2024, investing heavily in AI-driven smart home technology, automotive electronics, and heating, ventilation, and air conditioning (HVAC) systems. According to LG’s latest business report, the company spent ₩4.76 trillion ($3.28 billion) on R&D in 2024, marking a [...]
ULSAN, South Korea, March 17 (Korea Bizwire) — HD Hyundai Heavy Industries has developed the world’s first 3D printing technology for emergency maintenance, repair, and overhaul (MRO) on operating vessels, the company announced Monday. The company successfully completed final testing and demonstrations of the “3D Printing Digital Workshop” at HD Hyundai Samho in Mokpo, South Korea. [...]
SEOUL, March 17 (Korea Bizwire) — In the automotive industry, bigger is increasingly better — at least when it comes to screens. As vehicles evolve beyond simple transportation into mobile living spaces, Korean display manufacturers are racing to capture a growing market for increasingly large in-vehicle displays. LG Display, currently the market leader, is set to supply [...]
SEJONG, South Korea, March 17 (Korea Bizwire) — More than 22,000 cases of suspected deceptive advertising on social media were identified in South Korea last year, as authorities intensified efforts to regulate undisclosed sponsored content. The Fair Trade Commission (FTC) released its 2024 Social Media Deceptive Advertising Monitoring Report on Sunday, revealing that 22,011 posts [...]
SEOUL, March 17 (Korea Bizwire) — As global consumer electronics sales continue to slump, South Korea’s tech giants are finding new growth in an unexpected direction: business-to-business solutions, particularly in heating, ventilation, and air conditioning (HVAC) systems. Samsung Electronics has seen its consumer electronics and visual display division revenue stagnate, with annual sales of 60.64 trillion won [...]
SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong has urged executives to adopt a “death-defying” mindset to navigate the intense challenges posed by the new era driven by artificial intelligence (AI), industry sources said Monday. His call was made in a video message delivered to some 2,000 executives of the company’s [...]
SEOUL, March 17 (Korea Bizwire) — A pilot program implementing artificial intelligence monitoring on LG Electronics’ employee shuttle buses has led to significant improvements in driver safety, according to findings released today by the Korea Transportation Safety Authority. The three-month trial, conducted from September to November last year on 14 long-distance shuttle buses serving LG Electronics’ Changwon [...]
SEOUL, March 16 (Korea Bizwire) — South Korea’s LG Electronics and Samsung Electronics have once again secured top rankings in U.S. Consumer Reports, extending their dominance from washing machines to refrigerators. According to industry sources, LG Electronics was recently ranked No. 1 in the 30-inch and 33-inch top-freezer refrigerator categories in Consumer Reports’ 2025 Best Refrigerators [...]