Internet of Things Archives | Be Korea-savvy
Loopholes in Security of IoT Devices

Loopholes in Security of IoT Devices

SEOUL, March 28 (Korea Bizwire) – Reports of security breach threats to Internet of Things (IoT) devices have tripled over the last year, according the Korea Internet & Security Agency. The KISA said yesterday that a total of 362 complaints were filed regarding security concerns, jumping 280 percent from last year’s 130. Reports of security vulnerability [...]

Busan Port Incorporates IoT to Boost Competitiveness

Busan Port Incorporates IoT to Boost Competitiveness

BUSAN, March 15 (Korea Bizwire) – Still reeling from the Hanjin Shipping crisis, South Korea’s largest port is incorporating Internet of Things technology to transform into a high-tech logistics destination.  In accordance with a MOU signed on Tuesday, Lotte Data Communication, with its IoT technology, and KL-NET, a port logistics IT company, will be developing [...]

Gov’t to Monitor Cyberattacks Utilizing IoT Devices

Gov’t to Monitor Cyberattacks Utilizing IoT Devices

SEOUL, Feb. 28 (Korea Bizwire) – The government will come up with a monitoring system linked to Internet of Things (IoT) devices by May to detect various cyberattacks from both home and abroad, the science ministry said Tuesday.  A set of measures was discussed during a meeting attended by officials from the Ministry of Science, [...]

Parents Use IoT Backpacks to Track Children’s Whereabouts

Parents Use IoT Backpacks to Track Children’s Whereabouts

SEOUL, Jan. 31 (Korea Bizwire) – The Musterbag Smart Edition is a backpack that uses IoT sensors so parents can check if their children arrive safely at school, and then back home in the afternoon. The bag was first introduced in early December in a joint venture between telecommunications company SK Telecom and children’s bag [...]

Outlook Rosy for IT, but Shipbuilders and Carmakers Face Tougher Year

Outlook Rosy for IT, but Shipbuilders and Carmakers Face Tougher Year

SEOUL, Jan. 31 (Korea Bizwire) – South Korea’s IT industry is expected to bask in robust business performance this year, while automakers and shipbuilders face tougher conditions, a report showed Tuesday.  According to the report compiled by the Korea Chamber of Commerce and Industry (KCCI), most sectors are faced with uncertainties at home and abroad, [...]

SK Telecom to Invest 5 Tln Won in AI, Internet of Things

SK Telecom to Invest 5 Tln Won in AI, Internet of Things

SEOUL, Jan. 11 (Korea Bizwire) – SK Telecom Co., South Korea’s top mobile carrier, said Wednesday it will spend 5 trillion won (US$4.2 billion) over the next three years to develop technology and services in artificial intelligence (AI) and the Internet of Things.  The AI wave and Internet of Things, which aims to connect objects [...]

Gov’t Unveils Plans to Nurture 3D Printing, 5G, Artificial Intelligence

Gov’t Unveils Plans to Nurture 3D Printing, 5G, Artificial Intelligence

SEOUL, Dec. 27 (Korea Bizwire) – South Korea on Tuesday unveiled a list of emerging technology sectors, including 3D printing, fifth-generation telecommunications and artificial intelligence-based security services, to develop them into the next-generation drivers of growth.  Virtual reality, augmented reality, self-driving vehicles and the Internet of Things technology were among the sectors named to receive [...]

LG Uplus, China’s Huawei Team up for Internet of Things

LG Uplus, China’s Huawei Team up for Internet of Things

SEOUL, Nov. 21 (Korea Bizwire) – LG Uplus Corp., South Korea’s third-largest mobile carrier, said Monday it has teamed up with China’s telecom firm Huawei in commercializing the Internet of Things (IoT) technology.  The move by LG Uplus came less than a month after it joined hands with bigger local rival KT Corp. to jointly [...]

Korean Startup Presents DIY Internet of Things

Korean Startup Presents DIY Internet of Things

SEOUL, Nov. 7 (Korea Bizwire) – The latest product by Korean startup Luxrobo brings IoT to a whole new level.  Unlike most IoT devices that come as a single complete product (i.e. robot vacuum), Luxrobo’s “MODI” allows users to turn electronics or household appliances of their choosing into IoT devices, using technology that the company [...]

Naver to Step up Investment in High-Tech Startups

Naver to Step up Investment in High-Tech Startups

SEOUL, Oct. 24 (Korea Bizwire) – The founder of Naver Corp. said Monday the nation’s biggest Internet portal will accelerate its investment in high-tech startups, signaling the need to increase spending on artificial intelligence.  Lee Hae-jin, who is also the chairman of the board at Naver, made the remarks at a conference with developers.  “From [...]