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Police to Introduce SNS Traffic & Accident Detection System and Other Road Safety Measures

Police to Introduce SNS Traffic & Accident Detection System and Other Road Safety Measures

SEOUL, April 6 (Korea Bizwire) — The National Police Agency is set to establish an SNS scanning system to detect emergencies or traffic jams in the second half of the year, said agency officials on April 2. The agency will be developing a system that detects keywords such as accident, traffic and bumper-to-bumper on Twitter and Facebook and other [...]

North Korea Opens Its Own Version of Amazon… And It Even Works on Smartphones

North Korea Opens Its Own Version of Amazon… And It Even Works on Smartphones

SEOUL, April 2 (Korea Bizwire) – North Korea now has a state-run online shopping mall that sells various goods, medicines and food items, following the country’s recent efforts to develop its IT infrastructure. According to the Korean Central News Agency (KCNA) on April 1, the online retail site is called ‘Okryoo.’ Customers can pay using [...]

Remote Controlled “Active Capsule Endoscope” to be Commercialized

Remote Controlled “Active Capsule Endoscope” to be Commercialized

SEOUL, April 1 (Korea Bizwire) – Scenes from the 1987 Hollywood movie “Innerspace,” which depicted a human controlled micro-capsule stuck inside a human body, will soon become reality in  Korea as the title holder of similar technology is transferring its patents to a medical company. On March 31, the Robot Institute of Chonnam National University announced [...]

SK Telecom and Nokia Networks Demonstrate 600Mbps Data Transmission Rates with 4X4 MIMO Technology

SK Telecom and Nokia Networks Demonstrate 600Mbps Data Transmission Rates with 4X4 MIMO Technology

Seoul, Korea, Feb. 25 (Korea Bizwire) – SK Telecom (NYSE:SKM) announced today that it successfully demonstrated a 600 Mbps data transmission rate by using Nokia Networks’ 4X4 Multiple-Input Multiple-Output (MIMO) technology. 4X4 MIMO is a technology that doubles download speeds by using four transmit antennas and four receive antennas for communication between a mobile device [...]

South Korea’s Public Pension Fund Considers Loan for Wedding Expenses

South Korea’s Public Pension Fund Considers Loan for Wedding Expenses

SEOUL, Feb. 15  (Korea Bizwire) – South Korea’s national pension service is considering lending money to singles who delay or are reluctant to tie the knot because of wedding costs as a way to promote marriage and help raise chronically low birth rates, officials said Sunday. South Korea is faced with mounting demographic problems as [...]

High Functioning Supercapacitor Suitable For Electric Cars Developed In Korea

High Functioning Supercapacitor Suitable For Electric Cars Developed In Korea

SEOUL, Feb. 15 (Korea Bizwire) – A research team at the Korea Institute for Basic Science (KIBS) has developed a new type of supercapacitor that can store as much energy as typical commercialized lithium-ion batteries. Supercapacitors are high-capacity electrochemical capacitors, which can store 10 to 100 times more energy than electrolytic capacitors. The synthesis of supercapacitors is [...]

Korea To Develop The Largest Aquarium In The World for Maritime Engineering Research

Korea To Develop The Largest Aquarium In The World for Maritime Engineering Research

Busan, Korea, Feb. 14 (Korea Bizwire) – Korea is to develop the largest maritime engineering aquarium in the world for deep-sea research purposes, such as simulation experiments for the construction of maritime plants. The Ministry of Oceans and Fisheries (MOF), the Ministry of Trade, Industry and Energy (MOTIE) and the city of Busan hosted a [...]