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, 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 [...]
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, [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]