Fourth Industrial Revolution Archives | Be Korea-savvy
Patents for Exosuits On the Rise

Patents for Exosuits On the Rise

DAEJEON, Oct. 23 (Korea Bizwire) – The number of patent applications filed for powered exoskeletons, also known as exosuits, are increasing steadily in South Korea, as the economy shifts towards the so-called Fourth Industrial Revolution. Reports of an increasing number of patent applications for exosuits come with emphasis being placed on the field of robotics, one [...]

Report Shows Korean Doctors Will Benefit from Fourth Industrial Revolution

Report Shows Korean Doctors Will Benefit from Fourth Industrial Revolution

SEOUL, April 25 (Korea Bizwire) – It seems like doctors’ jobs are safe amidst the emergence of the fourth industrial revolution, the latest data from the Korea Employment Information Service indicates.  According to the KEIS 2017 Korea Occupational Outlook published on Monday, most medical practitioners will benefit from Korea’s aging society and further government support [...]

South Korean Government Plans to Establish 30,000 Smart Factories by 2025

South Korean Government Plans to Establish 30,000 Smart Factories by 2025

SEOUL, Apr. 21 (Korea Bizwire) — The South Korean government is poised to bring the number of smart factories in the country up to 30,000 by 2015, with plans to train 40,000 skilled workers in preparation for the ever-expanding fourth industrial revolution. Speaking to small and medium size business owners during a meeting at the [...]

Technology Replacing Security Guards at Seoul National University

Technology Replacing Security Guards at Seoul National University

SEOUL, April 10 (Korea Bizwire) – Security guards at Seoul National University are quickly losing ground to the advance of Information and Communications Technology (ICT), as new unmanned security systems are being deployed at its Gwanak campus, a move that some fear will result in job losses for current employees. As night security guards are [...]

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 [...]

S. Korea to Invest 1.6 Tln Won into 4th Industrial Revolution: Finance Minister

S. Korea to Invest 1.6 Tln Won into 4th Industrial Revolution: Finance Minister

SEJONG, Oct. 28 (Korea Bizwire) – South Korea will invest 1.6 trillion won (US$1.4 billion) into fundamental technologies for the so-called “fourth industrial revolution” in the next decade in a bid to lead the new evolution trend, the country’s top economic policymaker said Friday.  “The government will give full support to the development of new [...]

Koreans Take Interest in Industry 4.0

Koreans Take Interest in Industry 4.0

SEOUL, Oct. 27 (Korea Bizwire) – Interest in Industry 4.0, or the fourth industrial revolution, is quickly spreading.  The idea was brought to the spotlight with WEF President Klaus Schwab’s visit to Korea this month, and sales of books related to future forecasts and upcoming business trends are soaring.  Online bookstore Interpark Books saw a [...]