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Samsung and Hyundai Motor Group’s Strategic Alliance Brings IoT Advancements to Connected Car Services

SEOUL, Jan. 4 (Korea Bizwire) – Samsung Electronics’ Internet of Things (IoT) platform, SmartThings, is set to extend to Hyundai Motor Group’s connected car services, forging a seamless integration between vehicles and homes. Samsung Electronics and Hyundai Motor Group have announced a business partnership to develop Home-to-Car and Car-to-Home services. This collaboration, disclosed on January 4, [...]

Korean Scientists Develop Ultra-precision Location Recognition Technology

DAEJEON, Aug. 9 (Korea Bizwire) — A South Korean research team has developed ultra-precision, large-scale location recognition technology capable of intricately controlling the movements of Internet of Things (IoT) devices and robots. Researchers from the Korea Advanced Institute of Science and Technology (KAIST) said Tuesday they have created a wireless tag integrated with ultra-precision location [...]

Smart Container Developed to Transport Chips and Batteries

SEOUL, Jan. 18 (Korea Bizwire) — The Ministry of Oceans and Fisheries said Tuesday it had completed a pilot project to distribute shipping container Internet of Things (IoT) equipment that had been carried out for two years as part of an initiative to enhance export competitiveness. Under this project, IoT equipment was installed on the [...]

SK Telecom Prevents Manhole Accidents Through IoT Technology

SEOUL, Dec. 1 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Wednesday it will introduce a new safety management solution in which smartphones are used to remotely monitor the risk factors of manhole accidents. The solution is a combination of TANGO, SK Telecom’s artificial intelligence (AI)-based system; cybersecurity service provider SK [...]

Researchers Develop IoT Technology to Monitor Location of Fishing Nets

SEOUL, Nov. 11 (Korea Bizwire) — A South Korean research team has developed a new technology that enables remote real-time monitoring of the location and owner of fishing nets via electronic tags. The Gwangju Institute of Science and Technology (GIST) said Thursday that it will carry out a marine demonstration test for the commercialization of [...]

LG Uplus, Hyundai Elevator Apply IoT Technology to Prevent Falls

SEOUL, Oct. 19 (Korea Bizwire) — LG Uplus Corp., a major wireless carrier, and Hyundai Elevator Co., South Korea’s No. 1 lift manufacturer, announced on Tuesday that they will distribute safety devices that make use of Internet of Things (IoT) technology to elevator installation workers. After signing a business agreement early this year, the two [...]

Samsung SmartThings Tops 10 mln Mark for Connected Devices

SEOUL, Sept. 29 (Korea Bizwire) — Samsung Electronics Co. said Wednesday that the number of home electronics devices worldwide connected to its SmartThings platform had exceeded the 10 million milestone as of Sept. 12. SmartThings, released in 2018, is a smart home platform that connects a wide range of Samsung home appliances through Internet of [...]

Zigbang Completes Acquisition of Home IoT Business from Samsung SDS

SEOUL, July 29 (Korea Bizwire) — South Korea’s app-based home-finding platform Zigbang Co. has completed its acquisition of Samsung SDS Co’s home internet of things (IoT) division. The company announced on Thursday that it took over home IoT business-related intellectual property rights and business rights for major sales, production and contracts from the Korean and [...]

Seoul City to Expand IoT-harnessed Monitoring Program to Prevent Unattended Deaths

SEOUL, May 2 (Korea Bizwire) — The Seoul city government will put an additional 2,000 single-person households on a special program that harnesses Internet of Things (IoT) technology to monitor and prevent unattended deaths, officials said Monday. Since late 2020, the city has been operating the “smart plug” program, under which the amounts of electricity [...]

IoT Market Worth $650.5 Billion by 2026 – Exclusive Report by MarketsandMarkets™

Northbrook, IL , April 6 (Korea Bizwire) — According to a new market research report “IoT Market with COVID-19 analysis by Component (Hardware, Software Solutions and Services), Organization Size, Focus Area (Smart Manufacturing, Smart Energy and Utilities, and Smart Retail) and Region – Global Forecast to 2026 ” published by MarketsandMarkets™, the global IoT market size is expected [...]