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 [...]
SEOUL, May 24 (Korea Bizwire) — In line with Samsung Electronics’ new plans to nurture AI as its new motor of growth, the Korean electronics giant will open an AI Center in Moscow on May 29 (local time). In addition to its AI centers in Seoul and Silicon Valley, both having opened within the last [...]
SEOUL, May 11 (Korea Bizwire) — South Korea will lower regulatory hurdles for five promising industries and support their research and development (R&D) to help local companies lead fast-changing technology trends and create quality jobs, the government said Friday. The Ministry of Trade, Industry and Energy launched a consultative body composed of government and company [...]
SEOUL, May 10 (Korea Bizwire) — SK Chemicals Co., a South Korean vaccine maker, said Thursday it has joined with Daewoong Pharmaceutical Co. to sell its herpes zoster vaccine in South Korea. Under the agreement, the two companies will work together on the sales and marketing of Skyzoster, a shingles vaccine developed by SK Chemicals, [...]
SEOUL, May 9 (Korea Bizwire) — E-Mart Inc., South Korea’s leading discount store chain operator, said it launched a test operation of a robot to provide automated concierge service to shoppers on Wednesday, as the company moves to strengthen its competitiveness in its offline distribution network with cutting-edge technologies. The proof of concept for the [...]