SEOUL, May 29, 2025 (Korea Bizwire) — Despite having more flood infrastructure than rural areas, South Korea’s major cities such as Seoul, Incheon, and Busan are at higher risk of flooding, according to a new artificial intelligence-driven study. A joint research team from Pohang University of Science and Technology (POSTECH) and Kyungpook National University used [...]
SEOUL, May 28 (Korea Bizwire) — A South Korean-led research team has developed an artificial intelligence (AI) model capable of predicting a cancer patient’s response to immunotherapy, potentially offering a new level of precision in tailoring treatments for gastric and colorectal cancers. Professor Jae Ho Jeong of Yonsei University College of Medicine, in collaboration with researchers [...]
SEOUL, May 26 (Korea Bizwire) – E-commerce giant Coupang said Monday it has transitioned from a co-representative leadership system to a sole representative system under Park Dae-joon as part of efforts to drive growth through artificial intelligence (AI)-based logistics innovation. The company, wholly owned by New York-listed Coupang Inc., had been led by two representative directors, Park and Kang Han-seung. Park has spearheaded the nationwide expansion of Coupang’s renowned Rocket Delivery service and led the [...]
SEOUL, May 21 (Korea Bizwire) – As generative AI tools increasingly take over routine coding tasks, South Korea’s software industry is witnessing a growing polarization in developer hiring, with demand surging for high-skilled talent and declining for junior-level programmers. According to a new report released Monday by the Software Policy & Research Institute, the convergence of [...]
SEOUL, May 15 (Korea Bizwire) – The government held a consultative meeting with private sector stakeholders Thursday to promote the use of artificial intelligence (AI) in drug development in response to the intensifying global competition in the bio-health sector. The meeting brought together officials from the Ministry of Economy and Finance and other relevant government [...]
SEOUL, May 14 (Korea Bizwire) — Samsung Electronics has made its biggest acquisition in nearly a decade, purchasing Germany-based FläktGroup for €1.5 billion (approximately 2.38 trillion won or $1.68 billion) in a move to aggressively expand into the fast-growing global heating, ventilation, and air-conditioning (HVAC) market. The deal, announced Tuesday, positions Samsung to capitalize on soaring demand [...]
ULSAN, April 30, (Korea Bizwire) — South Korean scientists have created an advanced artificial tumor model using 3D printing and artificial intelligence (AI) to replicate the internal environment of cancer patients’ bodies, offering a breakthrough in personalized cancer prognosis. The joint research team from the Ulsan National Institute of Science and Technology (UNIST) and Seoul [...]
DAEJEON, April 23, (Korea Bizwire) — South Korean researchers have developed a breakthrough artificial intelligence model that selectively processes visual information much like the human brain, significantly enhancing image recognition capabilities. Announced on April 22, 2025, by the Institute for Basic Science (IBS), the innovation comes from a joint effort between the IBS Center for [...]
SEOUL, April 21, (Korea Bizwire) — LG Display announced Monday that it has developed and deployed its own artificial intelligence assistant — the first of its kind in the display industry — to streamline internal workflows and improve productivity. The AI assistant service, which debuted in early 2025, is designed to support individual productivity through [...]
SEOUL, April 17, (Korea Bizwire) — As artificial intelligence continues to transform societies, a new report reveals that AI-related negative incidents—ranging from deepfake pornography to suicide-linked chatbots—surged to a record high last year. Meanwhile, South Korea saw a decline in its global AI investment ranking, even as the number of domestically funded AI startups increased. [...]