The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, March 5 (Korea Bizwire) — Microsoft and Epic Games have withdrawn from the Korea Game Industry Association, marking a significant shift in their engagement with the South Korean gaming market. Both companies, which operate major gaming platforms Xbox and Epic Games Store, respectively, have been removed from the association’s membership roster, industry officials confirmed today. [...]
SEOUL, March 4 (Korea Bizwire) — SK Hynix saw a major surge in U.S. sales in 2024, fueled by booming demand for high-bandwidth memory (HBM) and AI-driven enterprise storage solutions, reinforcing the company’s position as a key supplier to American tech giants. According to SK Hynix’s latest financial disclosure on March 4, its U.S. subsidiary, SK [...]
SEOUL, March 4 (Korea Bizwire) — South Korea’s three major telecommunications companies said Tuesday they have outlined their artificial intelligence (AI) business strategies at this year’s Mobile World Congress (MWC) in Spain. SK Telecom Co., KT Corp. and LG Uplus Corp. underlined collaboration with local and global partners to make a presence in the AI [...]
SEOUL, March 4 (Korea Bizwire) — Samsung’s latest flagship smartphone, the Galaxy S25 Ultra, has been ranked as the best smartphone by consumer advocacy organizations in five major European countries, the company announced on Monday. According to Samsung, the Galaxy S25 Ultra secured the top spot in consumer evaluations conducted by Italy’s Altroconsumo, Spain’s OCU, [...]
SEOUL, March 4 (Korea Bizwire) — South Korea is taking the lead in developing international standards for brain-computer interface (BCI) technology, a cutting-edge field that enables users to control devices using only their thoughts. The Korean Agency for Technology and Standards (KATS), part of the Ministry of Trade, Industry and Energy, announced on March 3 that [...]
SEOUL, March 3 (Korea Bizwire) — U.S. President Donald Trump said Monday Taiwan Semiconductor Manufacturing Co. (TSMC) will invest US$100 billion to build advanced chip producing facilities in the United States, as he is seeking to use tariffs to bolster domestic manufacturing. The announcement came after Trump accused Taiwan last month of taking U.S. chip [...]
SEOUL, March 3 (Korea Bizwire) — South Korean electronics giants Samsung and LG are reporting sustained growth in India, as both companies intensify their focus on the country’s vast domestic market potential and skilled workforce. According to Samsung Electronics’ latest audit report, its Indian subsidiary recorded sales of 17.05 trillion won and net profit of 1.41 [...]
SEOUL, March 2 (Korea Bizwire) — More than half of South Koreans spend nearly two hours daily on YouTube, reinforcing its dominance in the country’s digital landscape, according to a report by Mobile Index from IGAWorks released on March 2. As of February 25, YouTube’s total usage time in South Korea reached 69.65 million hours, the [...]
SEOUL, Feb. 28 (Korea Bizwire) — In a significant advance toward more reliable artificial intelligence systems, researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a novel AI model that can question and verify its own assumptions, mimicking human cognitive processes. The research team, led by professors Lee Sang Wan and Jung [...]
SEOUL, Feb. 28 (Korea Bizwire) — Lotte Shopping Co., an affiliate of South Korean retail giant Lotte Group, said Friday it has adopted the Taiwan LINE Pay settlement system at its discount store chain to woo Taiwanese travelers. Lotte Shopping formed a partnership with LINE Pay Taiwan Ltd. to introduce the LINE Pay system at [...]