SEOUL, Aug. 4 (Korea Bizwire) – Samsung Electronics Co. has launched a new companywide task force focused on artificial intelligence (AI) projects, part of a broader push to transform itself into an AI-focused company, according to industry sources Monday. According to the sources, the tech giant’s Device eXperience (DX) division has announced the establishment of [...]
SEOUL, July 31 (Korea Bizwire) — As South Korean consumers grapple with rising food prices, ultra-low-cost products priced under 1,000 won are gaining popularity—prompting convenience stores to expand their “super-value” offerings. On July 30, 7-Eleven announced the launch of two canned coffee products, “Seven Select Black Coffee” and “Seven Select Café Latte,” each priced at [...]
SEOUL, July 23 (Korea Bizwire) — Kia Corp. has unveiled key features of its PV5 purpose-built vehicle (PBV), highlighting the model’s class-leading interior space but with compact exterior dimensions, the company said Wednesday. The PV5 is a mid-sized PBV built on Hyundai Motor Group’s dedicated electric platform E-GMP.S, and designed to serve both personal and [...]
SEOUL, July 22 (Korea Bizwire) — Samsung Display has demonstrated the exceptional durability of its latest foldable OLED panel, featured in the Galaxy Z Fold7, by successfully completing a rigorous 500,000-fold test conducted by global certification agency Bureau Veritas. In a statement on Tuesday, the company said the panel remained fully functional after being folded [...]
IKSAN, July 18 (Korea Bizwire) – McDonald’s Korea’s latest local specialty, the “Iksan Sweet Potato Mozzarella Burger,” has become a viral sensation on social media, surpassing 500,000 units sold within just four days of its release on July 10. The burger is now poised to reach the one-million mark by this weekend, according to officials [...]
SEOUL, July 18 (Korea Bizwire) — South Korean streaming platform Tving announced Wednesday that it will launch a new interactive viewing service called “Watch Together” on July 19, allowing users to watch content simultaneously while engaging in real-time chat with special hosts and fellow viewers. The new feature aims to tap into the growing demand [...]
SEOUL, July 17 (Korea Bizwire) — South Korean internet conglomerate Naver Corp. said Thursday it plans to introduce a suite of artificial intelligence-powered video tools and extended-reality platforms in the second half of 2025, as it ramps up efforts to establish its own live broadcast media ecosystem. The company said it has expanded its Immersive [...]
SEOUL, July 16 (Korea Bizwire) — LG Innotek has unveiled its latest automotive innovation—a next-generation digital key solution that enhances vehicle security, driver convenience, and child safety through precision wireless communication and AI-powered features. At a technology showcase held on July 15 at its Seoul headquarters, LG Innotek demonstrated a range of functionalities enabled by [...]
SEOUL, July 16 (Korea Bizwire) — Hyundai Motor Co. on Wednesday launched an upgraded model of its ST1 electric van, enhancing convenience features and adding a new budget-friendly trim for the cargo model. First launched last year, the ST1 is equipped with a 76.1 kilowatt-hour (kWh) battery that offers a range of up to 317 [...]
SEOUL, July 15 (Korea Bizwire) — LG AI Research, the artificial intelligence (AI) lab under South Korea’s LG Group, on Tuesday unveiled EXAONE 4.0, the country’s first hybrid AI model. The hybrid AI model delivers world-class performance by combining the strengths of large language models (LLMs) and reasoning AI, the company said in a press [...]