SEOUL, Apr. 16 (Korea Bizwire) — South Korean IT giant Kakao Corp. said Tuesday that it has joined hands with what3words Ltd. to insert the London-based startup’s innovative geo-coding system into its mapping service, Kakao map. Kakao started its mapping service early this month by adopting the British startup’s technology. What3words launched the service that [...]
SEOUL, Feb. 3 (Korea Bizwire) – Kakao Corp., an internet company that operates the country’s top mobile messenger KakaoTalk, said Friday it will provide its map tools to local game developers from the first half of this year to help them produce a megahit like Pokemon Go. The move was disclosed by Namkoong Whon, the [...]
SEOUL, Jan. 6 (Korea Bizwire) – LG Electronics Inc. forecast Friday that it is likely to have returned to the red in the fourth quarter of last year, indicating that its money-losing smartphone business appears to have continued to crumble. LG said it expects an operating loss of 35.3 billion won (US$29.6 million) for the [...]
SEOUL, Aug. 24 (Korea Bizwire) – South Korea said Wednesday it has put off a decision on whether to allow Google to export government-supplied map data outside the country and will re-deliberate the request by the U.S. search giant. The decision, which was made after a closed-door meeting with officials from foreign, defense and other-related [...]
SEJONG, July 21 (Korea Bizwire) – The government said Thursday that it will draw up a 3D map to provide safe roads for drones, in line with the effort to boost the fledgling industry. The Ministry of Land, Infrastructure and Transport said it selected a civilian subcontractor that will provide detailed aerial data for the [...]