ICT Archives | Be Korea-savvy
S. Korea, Latin America to Discuss Ways to Boost Trade, ICT Cooperation

S. Korea, Latin America to Discuss Ways to Boost Trade, ICT Cooperation

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 [...]

S. Korea’s ICT Exports Fall for 14th Straight Month in August

S. Korea’s ICT Exports Fall for 14th Straight Month in August

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 [...]

S. Korea’s ICT Exports Hit Record High of US$233 bln in 2022

S. Korea’s ICT Exports Hit Record High of US$233 bln in 2022

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 [...]

Education Ministry Project Builds ICT-powered Experimental Classroom in Cambodia

Education Ministry Project Builds ICT-powered Experimental Classroom in Cambodia

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 [...]

Hyundai Motor Group Develops World’s First Automatic Gear Shift System

Hyundai Motor Group Develops World’s First Automatic Gear Shift System

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 [...]

Nascent ‘Pet Tech’ Market Growing Steadily

Nascent ‘Pet Tech’ Market Growing Steadily

SEOUL, Oct. 4 (Korea Bizwire) — Advanced information and communication technology (ICT) for companion animals is spreading. The Institute of Information and Communications Technology Planning and Evaluation (IITP) said in a recent report that with an increase in the development of devices and systems related to pets incorporating technologies based on the Fourth Industrial Revolution [...]