SEOUL, March 11 (Korea Bizwire) – China’s drone manufacturer DJI will open its first overseas store in South Korea this weekend, a business move that targets one of the most active markets for contents provided by the aerial device. The five-story DJI Flagship Store in western Seoul, opened to the press on Friday in an [...]
DAEJEON, Feb.15 (Korea Bizwire) – Competition for patents is fierce among domestic companies eager to get ahead in the drone market. The Korean Intellectual Property Office announced that a total of 389 patents related to drones were applied for in 2015, which was a 161 percent increase compared to the previous year. The number of [...]
SEJONG, Jan.27 (Korea Bizwire) – The Ministry of Land, Infrastructure and Transport has revealed a roadmap for the commercialization of drones in eight major industries. The eight industries have a high demand for the usage of drones, such as the product delivery, forest conservancy, coastal surveillance, national land survey, structural stability evaluation, communications network, filming [...]
SEOUL, Jan.21 (Korea Bizwire) – Personal transportation means such as Segways, drones, and smart devices were increasingly launched in the domestic market last year. An analysis of the suitability status evaluation of broadcasting communication equipment was conducted by the Ministry of Science, ICT and Future Planning. Suitability status evaluation is a policy to test and [...]
JEONJU, Dec.22 (Korea Bizwire) – The local government of Jeonju has designated an airway for drones, and announced that it will concentrate on fostering businesses related to drones. The drone business in Jeonju is gaining momentum as the Ministry of Land, Infrastructure and Transport selected Jeonju as a ‘Drone Zone’ to test the safety of [...]
SEOUL, Oct. 8 (Korea Bizwire) – As the government has started recruitment for demonstration businesses using drones, many companies have expressed interest in participating. A total of 41 companies showed interest, including Korean Air, CJ Korea Express and Hyundai Logistics. According to the Korea Institute of Aviation Safety Technology, in addition to Korean Air, parcel delivery [...]
SEOUL, Aug. 28 (Korea Bizwire) — South Korea plans to invest around 5.7 trillion won (US$4.83 billion) over the next five years to help nurture the fifth-generation (5G) network, unmanned drones and other high-end technology. Under the plan, the Ministry of Science, ICT and Future Planning will allocate the budget in 19 industry areas. “The [...]
BUSAN, Aug. 20 (Korea Bizwire) – What if explosive matter was mounted on a drone? A drill preparing for this kind of situation has taken place at Gimhae Airport near Busan. The virtual terror act occurred in the guest parking lot, which is used for hosting events. The joint investigation team searched the site, and [...]
Seoul, July 9 (Korea Bizwire) – ‘Kidults‘ were once thought of as childish 20-somethings with an enthusiasm for toys. But now, people in their 30s and 40s are adopting that kind of lifestyle, leading to an expansion of the market for kidult products. The term ‘kidult’ was coined by joining the words ‘kid’ and ‘adult’. It [...]
HADONG, Jul. 7 (Korea Bizwire) — A safety drone that can detect human thermal energy to locate individuals in danger flew over Cheonghak-dong, one of Korea’s traditional villages, on July 6. The 20 million won (US$ 17,730) drone was donated by telecommunications carrier KT to this village full of traditional scholars and institutions, as part [...]