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S. Korea’s Cutting Edge ICT Prowess to be Highlighted at PyeongChang Olympics

S. Korea’s Cutting Edge ICT Prowess to be Highlighted at PyeongChang Olympics

SEOUL, Aug. 24 (Korea Bizwire) — The upcoming 2018 PyeongChang Olympics will likely be a showcase of South Korean know-how in state-of-the-art information and communication technology (ICT), with mobile operators and carmakers to highlight their prowess at the world’s biggest winter sports competition. KT Corp., the country’s No. 1 fixed-line Internet operator, will test run [...]

S. Korea to Open 2 More VR, AR Complexes

S. Korea to Open 2 More VR, AR Complexes

SEOUL, Jul. 13 (Korea Bizwire) — South Korea’s ICT ministry said Thursday that it will open two additional new complexes to promote virtual reality (VR) and augmented reality (AR) technology as the country aims to become a global powerhouse in the sectors. The two centers will be set up at Korea National University Of Arts [...]

S. Korea Lags Behind Rivals in Attracting Foreign Talent

S. Korea Lags Behind Rivals in Attracting Foreign Talent

SEOUL, May 17 (Korea Bizwire) — South Korea lags behind rival industrialized countries in attracting talented foreign workers, various industry data showed Tuesday, despite the government’s effort to ease its visa issuance system to cope with the country’s declining labor force. The number of foreigners residing in South Korea jumped from 1.4 million in 2011 [...]

Chungju’s Smart Farming Technologies Bear Fruitful Results

Chungju’s Smart Farming Technologies Bear Fruitful Results

CHUNGJU, South Korea, April 24 (Korea Bizwire) – Chungju, North Chungcheong Province, is making optimistic progress with its smart farm initiatives.  The city launched the project in 2015 by equipping a laboratory at the local Agricultural Technology Center with ubiquitous information technology (u-IT).  The horticulture lab, used mainly for plant research and production, can monitor [...]

S. Korea Calls for Strengthened Technology Cooperation with Israel

S. Korea Calls for Strengthened Technology Cooperation with Israel

SEOUL, Apr. 10 (Korea Bizwire) — South Korea’s vice trade minister called for strengthened cooperation in technology with Israel Sunday to cope with the technology-driven fourth industrial revolution, the ministry said. Speaking to a forum in Tel Aviv, Jeong Marn-ki said South Korea and Israel can create synergy by combining Israel’s technological prowess and startup [...]

Autonomous Cars to Fully Take Off in S. Korea in 2028: Analysts

Autonomous Cars to Fully Take Off in S. Korea in 2028: Analysts

SEOUL, Apr. 4 (Korea Bizwire) — Autonomous cars are forecast to become popular in the South Korean auto market in 2028, five years after they do so in the United States, according to analysts Monday. According to the industry analysts in a book published by the Ministry of Science, ICT and Future Planning, self-driving cars [...]

Gov’t to Spend 41 bln Won on 3D Printing Technology in 2017

Gov’t to Spend 41 bln Won on 3D Printing Technology in 2017

SEOUL, Apr. 3 (Korea Bizwire) — South Korea’s science ministry said Sunday that it will spend 41.2 billion won (US$37 million) this year to develop core 3D printing expertise to nurture the fledging industry. The 2017 budget will be spent on various 3D printing businesses to spur demand and strengthen national competitiveness, the Ministry of [...]