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LG Electronics to Supply Driver-assistance Cameras to German Carmaker

LG Electronics to Supply Driver-assistance Cameras to German Carmaker

SEOUL, Jun. 29 (Korea Bizwire) — LG Electronics Inc. said Thursday it will supply its advanced driver-assistance system (ADAS) cameras to a premium German carmaker, tapping deeper into the vehicle components business. Through the deal, the South Korean company will supply camera modules and software to its German counterpart. LG did not reveal the name [...]

Samsung Collaborates with Red Bull on Extreme Sports Content

Samsung Collaborates with Red Bull on Extreme Sports Content

SEOUL, June 29 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will showcase video content on extreme sports produced in collaboration with Austria-based Red Bull through its high-end TV products. Under the project named “See the unexpected,” the video will be showcased through its QLED TVs displayed at the company’s shops around the globe [...]

Naver to Cooperate with Qualcomm on AI Patform

Naver to Cooperate with Qualcomm on AI Patform

SEOUL, Jun. 20 (Korea Bizwire) — Naver Corp., South Korea’s top Internet portal operator, said Monday that it will work with global chipmaker Qualcomm Inc. to further develop its artificial intelligence (AI) platform, Clova. Under an agreement with Qualcomm’s subsidiary, Qualcomm Technologies, Naver will provide Clova for use with the global giant’s Internet of Things (IoT) [...]

S. Korea Calls for Strengthened Technology Cooperation with Israel

S. Korea Calls for Strengthened Technology Cooperation with Israel

SEOUL, Apr. 10 (Korea Bizwire) — South Korea’s vice trade minister called for strengthened cooperation in technology with Israel Sunday to cope with the technology-driven fourth industrial revolution, the ministry said. Speaking to a forum in Tel Aviv, Jeong Marn-ki said South Korea and Israel can create synergy by combining Israel’s technological prowess and startup [...]

Samsung SDI to Supply Batteries for New VW e-Golf: Source

Samsung SDI to Supply Batteries for New VW e-Golf: Source

SEOUL, Mar. 30 (Korea Bizwire) — South Korea’s Samsung SDI Co. will supply its electric-vehicle batteries to Volkswagen’s new 2017 e-Golf, an industry source said Wednesday. “The new e-Golf equipped with a Samsung battery will go on sale in global markets this spring,” the source told Yonhap News Agency. Samsung SDI and LG Chem Ltd. [...]

S. Korea to Promote Fintech Ties with Silicon Valley

S. Korea to Promote Fintech Ties with Silicon Valley

SEOUL, Nov. 4 (Korea Bizwire) — South Korea said Friday it will strengthen partnerships with Silicon Valley on financial technology, called fintech. The Fintech Center of Korea signed memorandums of understanding (MOUs) with two high-profile organizations — 500 Startups and Silicon Valley Forum — for the initiative on the sidelines of a South Korean Fintech [...]

LG Elecs Forges Partnership with Bang & Olufsen in TV Offerings

LG Elecs Forges Partnership with Bang & Olufsen in TV Offerings

SEOUL, Mar. 21 (Korea Bizwire) — South Korean tech giant LG Electronics Ltd. said Sunday it has signed a deal with Bang & Olufsen to supply high-end televisions to the Danish maker of premium hi-fi systems. Under the agreement, LG Electronics will supply organic light-emitting diode (OLED) televisions to the Danish company for five years [...]

Sequel to ‘D-War’, Hollywood-level Sci-fi Film, to Debut Next Year

Sequel to ‘D-War’, Hollywood-level Sci-fi Film, to Debut Next Year

BEIJING, Mar. 21 (Korea Bizwire) — Comedian-turned-film director Shim Hyung-rae announced Saturday the production of a sequel to his fantasy movie “D-War” from 2007. The sequel, “D-War II,” is the first “Hollywood-class” science fiction movie to be produced in China, Shim said at a news conference in Beijing. Production will begin around June with the [...]