ULSAN, Jul. 9 (Korea Bizwire) — Administrators at the Ulsan National Institute of Science and Technology (UNIST) have revealed that the institution for higher learning is currently co-hosting a research internship program with Harvard University’s School of Engineering and Applied Sciences for the second year in a row. The UNIST-Harvard SEAS Summer Program enables students [...]
SEOUL, Jul. 6 (Korea Bizwire) — South Korean banks’ investment in crypto-assets remained low despite a recent craze for the new type of digital currencies, a central bank report said Friday. The outstanding balance of virtual accounts in local banks reached 2 trillion won (US$1.79 billion) as of December last year, according to the report [...]
SEOUL, Jul. 4 (Korea Bizwire) — LG Chem Ltd., South Korea’s top chemicals company, said Wednesday it has signed a five-year deal with Nemaska Lithium, a Canadian supplier of lithium hydroxide, a key material in making electric vehicle batteries. The deal allows LG Chem to receive 7,000 tons of lithium hydroxide per year, enough for [...]
SEOUL, Jul 2. (Korea Bizwire) — A new smartphone application that can identify heart diseases based on the sound of a heartbeat recorded via one’s smartphone is about to be released South Korea for the first time. During initial trials, the application demonstrated accuracy levels of up to 90 percent. A medical research team comprising [...]
WONJU, Jun. 25 (Korea Bizwire) — KT Corporation, South Korea’s largest telecommunications company, showcased a new emergency platform today that utilizes an unmanned aircraft and a drone to find survivors of natural disasters and other large-scale emergencies. The “Skyship” platform revealed at KT Corporation’s Wonju Campus includes an unmanned aircraft, a command, control & communications [...]
SEOUL, Jun. 14 (Korea Bizwire) — Samsung Electronics Co. launched a new fund through its U.S.-based innovation strategy arm Samsung NEXT on Thursday, seeking to make investments in startups devoted to artificial intelligence (AI) technologies. Samsung NEXT said it has launched the NEXT Q Fund to invest in “early stage AI startups taking on grand [...]
SEOUL, Jun. 7 (Korea Bizwire) — South Korea will spearhead a project to develop a drug platform based on artificial intelligence (AI) and big data, the government said Thursday, in the latest effort to transform the country into a global biotech and medical industry hub. A total of four research centers and universities — the [...]
DAEJEON, Jun. 5 (Korea Bizwire) — The Korea Forest Service’s National Institute of Forest Science has developed an LED technology that enables white forsythia, a rare plant that grows only in Korea, to multiply in large volumes. According to an announcement by the National Forest Service yesterday, the newly developed technology uses a specific wavelength [...]
SEOUL, May 28 (Korea Bizwire) — LG Display Co. said Monday it has developed a new breakthrough in virtual-reality (VR) technology to prevent dizziness, headaches and other symptoms associated with motion sickness by reducing the delay between users’ movements and the images shown on the screen. Under the joint research conducted with Sogang University, LG [...]
POHANG, May 25 (Korea Bizwire) — New technology could make it possible to elevate the performance of semiconductors, as development in the area has remained stagnant in recent years. Spintronics and valleytronics are the latest technologies that could play a significant role in developing next generation semiconductors. Spintronics is the study of an electron’s spin [...]