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 [...]
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 [...]
SEOUL, Jun. 27 (Korea Bizwire) — SK Group has introduced the SK Open API Portal, a platform that shares application programming interfaces (API) with external entities. An API is a basic component for software and services that forms the core asset of major services provided by ICT affiliates. SK Telecom Co., an affiliate of SK [...]
SEJONG, Apr. 4 (Korea Bizwire) — The Rural Development Administration (RDA) has developed a new livestock management system that uses information and communication technology (ICT) to allow for the management of livestock anywhere at any time. “Previously, the lack of systems that integrate various devices has forced farmers to use different, unsynchronized programs,” said RDA [...]
SEOUL, Apr. 2 (Korea Bizwire) — South Korean mobile carrier SK Telecom Co. said Tuesday it will collaborate with retail giant Shinsegae to develop a next-generation retail business model based on 5G and an advanced ICT platform. SK Telecom and Shinsegae I&C Co., Shinsegae’s IT subsidiary, signed a memorandum of understanding to develop a new [...]
SEOUL, Apr. 2 (Korea Bizwire) — A “Smart Street Light System” will be developed by 2023, which will attach sensors to street lamps erected close to the road and relay road information collected to vehicles and road facilities. The Ministry of Land, Infrastructure and Transport announced on Monday that it would hold an research and [...]
SEOUL, Jul. 17 (Korea Bizwire) — Sejong, South Korea’s central administrative city, will soon transform into a futuristic high-tech municipality having been designated by the government as a trial space where all aspects of daily life will be incorporated with high technology, the likes of which are commonly found in science fiction films. Yesterday at [...]
SEOUL, June 4 (Korea Bizwire) — South Korea’s cross-border mergers and acquisitions (M&A) in the ICT sector accounted for 15.7 percent of all such M&As, falling behind other major technology-driven countries, a report from the Institute for International Trade showed Monday. According to the report, 16.2 percent of all M&As around the globe last year [...]
SEOUL, May 18 (Korea Bizwire) — The number of “smart” farms integrated with the latest ICT technology has increased significantly recently, spurring a concomitant rise in productivity. This is according to the Ministry of Agriculture, Food and Rural Affairs, which announced these results at the Korea Innovation Growth Symposium held yesterday at the R&D Complex [...]