SEOUL, Oct. 28 (Korea Bizwire) – Naver is building substantial technological expertise in spatial intelligence, a field emerging as the next frontier beyond artificial intelligence (AI). According to ICT industry sources on October 27, Naver Labs, the company’s technology research subsidiary, has accumulated 521 patents in spatial intelligence since its establishment in 2017. These patents cover [...]
SEOUL, Oct. 25 (Korea Bizwire) – SK Hynix reported its highest-ever quarterly revenue and a dramatic return to profitability in the third quarter, driven by surging demand for artificial intelligence memory chips. The South Korean memory chip maker announced on October 24 that its revenue jumped 93.8% year-over-year to 17.57 trillion won in the July-September period, [...]
SEOUL, Oct. 24 (Korea Bizwire) – South Korean tech giant Kakao announced on October 23 that it is taking aggressive steps to integrate artificial intelligence into its workforce operations, signaling a major shift in how one of Asia’s leading technology companies approaches AI adoption. Speaking at the company’s annual developer conference “if kakao AI 2024″ at [...]
DAEJEON, Oct. 24 (Korea Bizwire) – The Electronics and Telecommunications Research Institute (ETRI) of South Korea announced on October 23 that it has developed an intelligent fire detection system capable of significantly reducing false alarms. According to the National Fire Agency, a staggering 96.6% of fire alarm responses between 2021 and July 2022 were triggered by [...]
SEOUL, Oct. 24 (Korea Bizwire) – RobotWorld 2024, South Korea’s largest robotics industry exhibition, opened on October 23 at KINTEX in Goyang, marking its largest edition yet in its 19-year history with 291 companies and institutions participating across 880 exhibition booths. The four-day event, organized by the Ministry of Trade, Industry and Energy and co-hosted by the [...]
SEOUL, Oct. 23 (Korea Bizwire) – Samsung Electronics and LG Electronics unveiled their visions for AI-integrated daily life at the 55th Korea Electronics Show (KES 2024), which opened on October 22 at COEX in Seoul’s Gangnam district. Samsung Electronics announced the creation of an AI Village at the four-day event, demonstrating how artificial intelligence can transform [...]
SEOUL, Oct. 22 (Korea Bizwire) — The industry ministry on Tuesday kicked off the annual Korea Electronics Show (KES), where businesses will showcase their visions for a sustainable future through the use of cutting-edge artificial intelligence (AI) technologies. The KES 2024 will run for four days at the COEX convention center in southern Seoul, inviting [...]
SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Card, a major South Korean credit card company, has successfully exported its proprietary artificial intelligence software to Japan, marking the first such international sale by a South Korean financial institution. The company announced on October 17 that it had signed a contract to sell its AI software, Universe, to [...]
SEOUL, Oct. 14 (Korea Bizwire) – The familiar “Settings” menu, long a staple of smartphone interfaces, may soon become a relic of the past on Samsung Galaxy devices. This shift reflects a broader trend in the digital manufacturing industry, where artificial intelligence (AI) is increasingly being used to interpret and execute user intentions without explicit commands. [...]
SEOUL, Oct. 10 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, will jointly open an innovation center for research of artificial intelligence (AI) and cloud computing technologies with Microsoft Corp. next year, the Korean company said Thursday. The establishment of the Innovation Center comes as part of KT and Microsoft’s five-year partnership [...]