JEJU, Sept. 18 (Korea Bizwire) – In a sign of agriculture’s digital future, cows on a dairy farm on Jeju Island are being milked and cared for by robots around the clock. Dawon Farm, located in Jeju City’s Jocheon-eup district, has embraced automation with the introduction of eight digital robotic milking machines. These tireless devices operate [...]
SEOUL, Apr. 15 (Korea Bizwire) — South Korea’s exports of information and communication technology (ICT) products gained ground for the fifth consecutive month in March, driven by a yearly high performance of semiconductors, data showed Monday. Outbound shipments of ICT products came to US$18.8 billion last month, up 19.4 percent from $15.8 billion a year [...]
SEOUL, Oct. 18 (Korea Bizwire) — Some 200 corporate and government officials from South Korea and Latin American countries will gather in Mexico this week to discuss ways to enhance bilateral trade and cooperation on advanced technology sectors and explore new business chances, Seoul’s finance ministry said Wednesday. The inaugural Korea-Latin America and the Caribbean [...]
SEOUL, Sept. 14 (Korea Bizwire) — South Korea’s exports of information and communication technology (ICT) products extended their losing streak to 14 months in August but fell at the slowest clip in about 10 months, government data showed Thursday. Outbound shipments of ICT products came to US$16.1 billion last month, down 16.7 percent from $14.6 [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s exports of information and communication technology (ICT) products hit a fresh high last year on strong overseas demand for chips and mobile phones, data showed Thursday. Outbound shipments of ICT products rose 2.5 percent on-year to US$233.3 billion for 2022, outnumbering the previous high of $227.6 billion [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s output in the information and communication technology (ICT) industry rose 24 percent in 2021 from a year earlier to reach an all-time high, data showed Wednesday. The record-high output of US$227.6 billion comes on the back of solid global demand for chips, displays and rechargeable batteries, according [...]
SEOUL, Nov. 30 (Korea Bizwire) — The education ministry has launched an assistance project to build a smart classroom in Cambodia to help the country experiment with teaching and learning through up-to-date information and communications technology (ICT) devices, officials said Tuesday. Under the joint project launched with the Busan city education office and the APEC [...]
SEOUL/WASHINGTON, Oct. 26 (Korea Bizwire) — A U.S. trade panel on Monday postponed its final decision on a high-stakes trade secret case involving two South Korean electric vehicle battery markers — LG Chem Ltd. and SK Innovation Co. — to early December. The delay marks the second of its kind after the U.S. International Trade [...]
SEOUL, March 13 (Korea Bizwire) — South Korea’s excellent information and communications technology (ICT) is showing its true value in the wake of the novel coronavirus outbreak. The Ministry of Science and ICT on Thursday unveiled major cases in which ICT has been applied in efforts to overcome the virus. ICT is being used to [...]
SEOUL, Feb. 21 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. announced Thursday the development of the world’s first predictive Information and Communication Technology (ICT) Connected Shift System, enabling a vehicle to automatically shift to the optimal gear after identifying the road and traffic conditions ahead. The two companies have submitted [...]