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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) [...]

South Korea’s Nascent AI Industry Focused on Medical and Service Sectors

South Korea’s Nascent AI Industry Focused on Medical and Service Sectors

SEOUL, June 1 (Korea Bizwire) – With artificial intelligence rapidly spreading across global industries, the latest study from the National Information Society Agency (NIA) has revealed that South Korean startups tend to focus their AI development on the medical and convenience service sectors.  The NIA based its study on 19 startups here that had a [...]

7 in 10 South Korean Companies Not Ready for 4th Industrial Revolution

7 in 10 South Korean Companies Not Ready for 4th Industrial Revolution

SEOUL, May 17 (Korea Bizwire) – Nearly seven in ten companies in South Korea are not prepared for the fourth industrial revolution, which is reshaping many economies and industries with a range of new technologies, a new report revealed. According to the report released yesterday by the Hyundai Research Institute on the perception of the fourth [...]

Samsung to Start Full-fledged Service of Bixby AI Program

Samsung to Start Full-fledged Service of Bixby AI Program

SEOUL, May 2 (Korea Bizwire) — Samsung Electronics Co. said it plans to start the full-fledged service of Bixby, an artificial intelligence (AI) program installed in its latest flagship Galaxy S8 smartphones. While Samsung officially released the Galaxy S8 smartphone last month, the Bixby service was still in launch preparations. Through deep-learning technology, Samsung said [...]

Social Robot Patent Applications Rise Sharply on AI, Robotics Advances: Data

Social Robot Patent Applications Rise Sharply on AI, Robotics Advances: Data

SEOUL, Apr. 26 (Korea Bizwire) — The application of patents for social robots that can interact and communicate with humans has risen sharply in South Korea in recent years with the advances being made in robotics and artificial intelligence, government data showed Tuesday. Social robot patent applications have surged more than 20 percent annually since [...]

Pre-orders for Galaxy S8 Greater than Expected: Samsung’s Mobile Chief

Pre-orders for Galaxy S8 Greater than Expected: Samsung’s Mobile Chief

SEOUL, Apr. 14 (Korea Bizwire) — Consumer response for Samsung Electronics Co.’s latest high-end smartphone, the Galaxy S8, has been better than expected, the company’s mobile division chief said Thursday, with pre-orders for the flagship device surpassing a whopping 720,000 units in just seven days in South Korea, heralding a major hit for the company. [...]

Kakao Joins Hands With Scholars To Develop AI Tech

Kakao Joins Hands With Scholars To Develop AI Tech

SEOUL, April 10 (Korea Bizwire) – South Korea’s top mobile messenger operator Kakao Corp. said Monday it has joined forces with scholars to develop Artificial Intelligence (AI) technology as part of a broader effort to tap deeper into the prospective market. Under an agreement with Seoul National University, Korea Advanced Institute of Science and Technology [...]

Government to Adopt Cutting Edge Technology for Public Service

Government to Adopt Cutting Edge Technology for Public Service

SEOUL, April 6 (Korea Bizwire) – The South Korean government is introducing a series of new public services using cutting-edge technology that will allow people to dispose of bulky waste and rent state-owned cars through their smartphones. The Ministry of the Interior (MOI) and the National Information Society Agency (NIA) announced yesterday trials of four public [...]

8 in 10 South Koreans Believe 4th Industrial Revolution Will See Fewer Jobs

8 in 10 South Koreans Believe 4th Industrial Revolution Will See Fewer Jobs

SEOUL, April 6 (Korea Bizwire) – Eight out of ten people in South Korea believe the fourth industrial revolution will see advanced technologies such as AI and automation take away jobs from people, a recent survey has revealed. The survey, conducted by market researcher Trend Monitor and published yesterday, asked 1,000 smartphone users aged between [...]

Fourth Industrial Revolution is Reshaping Retail Industry

Fourth Industrial Revolution is Reshaping Retail Industry

SEOUL, March 30 (Korea Bizwire) – A wave of artificial intelligence (AI) is sweeping the retail industry in South Korea, as major department stores and online shopping malls rush to adopt the latest technology to attract consumers. Shinsegae is the first in the retail industry to deploy a marketing strategy involving AI technology. Starting today, Shinsegae [...]