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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEJONG, March 30 (Korea Bizwire) – South Korea will invest a combined 260 billion won (US$233.1 million) in the system semiconductor sector to develop core technologies and foster experts in the coming four to six years as part of a broader effort to keep up with the fourth industrial revolution, the government said Thursday. The [...]
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 [...]
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 [...]