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Samsung, Amazon to Start Streaming Premium Video Content

Samsung, Amazon to Start Streaming Premium Video Content

SEOUL, Dec. 12 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will start the streaming of videos that utilize the latest High Dynamic Range (HDR) 10 Plus technology via its premium TVs with the U.S.-based Amazon.com. Under the agreement, users of Samsung’s high-end QLED and UHD TVs can enjoy quality content through the Amazon [...]

S. Korea’s Top Theater Chain Starts Accepting Samsung Pay

S. Korea’s Top Theater Chain Starts Accepting Samsung Pay

SEOUL, Dec. 4 (Korea Bizwire) — Samsung Electronics Co. said users of its mobile transaction system, Samsung Pay, are able to make payments at the country’s top theater chain CJ CGV as of Monday. While CJ CGV theaters accepted Samsung Pay in 2015 after the service was first launched, the two companies later suspended cooperation [...]

Samsung Takes over S. Korean AI Startup

Samsung Takes over S. Korean AI Startup

SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has acquired a local startup that specializes in artificial intelligence (AI), in an apparent bid to improve its voice recognition system, Bixby. This is the first time that Samsung has acquired a South Korean startup. The size of the deal remains confidential. Established [...]

Hyundai Motor Ties Up with Michelin for EV Tires

Hyundai Motor Ties Up with Michelin for EV Tires

SEOUL, Nov. 15 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Co. said Wednesday that it has tied up with French tiremaker Michelin to develop next-generation tires for electric vehicles. The tie-up agreement on technological cooperation was signed between Yang Woong-cheol, a Hyundai Motor vice chairman, and his Michelin counterpart Florent Menegaux at Michelin’s [...]

Samsung Joins 20th Century Fox, Panasonic For HDR(High Dynamic Range) Alliance

Samsung Joins 20th Century Fox, Panasonic For HDR(High Dynamic Range) Alliance

SEOUL, Aug. 28 (Korea Bizwire) — Samsung Electronics Co. said Monday it agreed to join U.S. 20th Century Fox and Japan-based Panasonic Corp. to expand the ecosystem for the High Dynamic Range (HDR) 10 Plus technology. The South Korean tech giant said the companies agreed to establish an alliance for the HDR 10 Plus technology. [...]

KT Joins Forces with Nokia to Further Develop 5G Mobile Network

KT Joins Forces with Nokia to Further Develop 5G Mobile Network

SEOUL, Aug. 25 (Korea Bizwire) — KT Corp., a South Korean broadband Internet and mobile phone company, said Friday it has joined forces with Nokia Corp. to further develop the technology for a commercial use of the fifth-generation (5G) mobile network. KT said its head Hwang Chang-kyu and his counterpart Nokia President and CEO Rajeev [...]

PyeongChang, U.S. Olympic Body Launch Youth Mentorship Program

PyeongChang, U.S. Olympic Body Launch Youth Mentorship Program

SEOUL, Aug. 22 (Korea Bizwire) — The organizing committee for the 2018 PyeongChang Winter Olympics and the United States Olympic Committee (USOC) on Tuesday announced their launch of a Korean youth mentorship program. In a statement, the organizations said the goodwill campaign is part of the USOC’s “Thank You, PyeongChang” initiative, designed to “contribute to [...]