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 [...]
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 [...]
SEOUL, Mar. 27 (Korea Bizwire) — An increasing number of companies providing a platform business — a service that connects users on two or more sides of a market — has changed the landscape of the global labor market, government and industry officials here said. The comments were made during an open forum hosted by [...]
JINJU, South Korea, March 17 (Korea Bizwire) – The Foundation of Agricultural Technology Commercialization & Transfer (FACT) is testing a self-developed shipping container maintenance technology that allows for the export of fresh agricultural produce via container ships. According to officials, 614 kilograms of strawberries from Jinju, South Gyeongsang Province, are being shipped off to Singapore [...]
SEOUL, Mar. 15 (Korea Bizwire) — The government unveiled its research and development (R&D) plan for next year on Tuesday to secure a new growth strategy to cope with the fast-paced industrial transformation going forward. Under the road map crafted by the Ministry of Science, ICT and Future Planning, the government will increase R&D productivity [...]
Seoul, Korea, Feb. 21 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it will bring T.um Mobile, a travelling ICT museum, to Barcelona to provide Spanish children with the chance to experience cutting-edge technologies. T.um Mobile will be opened as part of the Youth Mobile Festival (YoMo) Barcelona at Fira Montjuic, from February 27 [...]
GANGNEUNG, South Korea, Feb. 20 (Korea Bizwire) – With less than a year left before the PyeongChang 2018 Winter Olympics, officials have unveiled a handful of cutting-edge ICT (information and communications technology) innovations that will be implemented at the games. KT Corp. the official telecommunications partner for the Olympic games, introduced an augmented reality navigation [...]
SEOUL, Feb. 15 (Korea Bizwire) – South Korea announced a package of measures Wednesday to utilize information and communications technology (ICT) and science technology to revitalize the country’s economy suffering from weak exports and flagging manufacturing sector. Under the measures discussed in a meeting presided over by Acting President and Prime Minister Hwang Kyo-ahn, the [...]
SEOUL, Feb. 13 (Korea Bizwire) – The percentage of Korean companies that have official websites languishes far below the OECD average, which might lead some to question whether Korea is really an ICT powerhouse. According to a Digital Economy Outlook report released by OECD on February 12, only 61.3% of Korean enterprises had a website, tied [...]
JINJU, South Korea, Dec. 6 (Korea Bizwire) – Three weeks have passed since the first detection of the H5N6 avian influenza virus in South Korea, but officials are still struggling to contain the outbreak. Over 4.4 million poultry had been culled as of Tuesday morning, according to the Ministry of Agriculture, Food and Rural Affairs, [...]