SEOUL, Apr. 2 (Korea Bizwire) – As cyberattacks escalate in South Korea, new data reveals that smaller enterprises are bearing the brunt of the damage, according to the Korea Internet and Security Agency (KISA). KISA figures show a sharp rise in reported cyber incidents, from 630 cases in 2020 to 1,227 in 2023 – nearly doubling [...]
WASHINGTON, Apr. 1 (Korea Bizwire) – The Office of the U.S. Trade Representative (USTR) has taken issue again with South Korean bills calling on foreign online content providers to pay network usage fees in a recent report, saying they could be “anticompetitive.” On Friday, the office issued the 2024 National Trade Estimate Report on Foreign [...]
SEOUL, Mar. 25 (Korea Bizwire) — SK Telecom has announced that its artificial intelligence (AI) personal assistant ‘A.’ (pronounced A Dot) will now provide crowding information for 37 popular cherry blossom viewing locations across the country. Through the A. application, users can access anticipated crowd levels by day and time slot, real-time congestion updates, recent [...]
SEOUL, Mar. 25 (Korea Bizwire) – KT Corporation has announced the introduction of a complimentary value-added service called ‘AI Spam Blocking Service’ that leverages artificial intelligence technology to automatically block spam text messages. The AI system, trained on over 1.5 million daily spam data points using deep learning, can automatically identify and block promotional spam [...]
SEOUL, Mar. 14 (Korea Bizwire) – In the latest assessment of telecom operators’ efforts to protect users, LG U+ and SK Telecom have set a high standard by receiving the highest rating of “Outstanding.” In contrast, Apple’s App Store and Meta have struggled to improve, maintaining the lowest rating of “Poor” for another year. The evaluation, [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea will launch cloud services using indigenous quantum computers and begin test flights of urban air mobility (UAM) vehicles in Seoul metropolitan areas this year, the finance ministry said Wednesday. They are part of the major projects that the government is pushing to nurture advanced technologies and spur [...]
SEOUL, Feb. 13 (Korea Bizwire) –According to a report by American market research company Polaris Market Research, the global telecommunications industry is set to witness a nearly tenfold increase in AI utilization, reaching $17.16 billion (approximately 22.82 trillion KRW) by 2032. This marks a significant growth from $1.82 billion (2.42 trillion KRW) recorded last year, [...]
SEOUL, Feb. 13 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that Samsung Research America (SRA), its research and development organization, has partnered with Princeton University in the United States to jointly develop next-generation 6G network technologies. Under the collaboration, SRA will become a founding member of Princeton University’s “NextG Initiative Corporate Affiliates Program,” aiming [...]
SEOUL, Jan. 31 (Korea Bizwire) — A local consortium was selected as the new operator of the 28 gigahertz (GHz) band of the fifth-generation network (5G) in South Korea on Wednesday, the science ministry said, becoming the country’s fourth mobile carrier. Stage X, a consortium of Stage Five, a communications affiliate of tech giant Kakao [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korea’s Ministry of Science and ICT will kick off the bidding process for the 28 gigahertz spectrum Thursday, aimed at establishing the country’s fourth official mobile carrier. Three companies — Sejong Telecom Inc., Stage X Co. and My Mobile Consortium — will participate in the auction for the [...]