naver Archives | Be Korea-savvy
Controversy Over Facebook’s Free Network Usage Continues

Controversy Over Facebook’s Free Network Usage Continues

SEOUL, May 18 (Korea Bizwire) – The row between South Korean internet provider SK Broadband and social networking giant Facebook continues following reports of connection issues for Facebook users on SK Broadband connections. With the country witnessing for the first time a clash between a foreign content provider and a telecom network over shared broadband network [...]

World’s Digital Cartoon Market to Hit $1.17 bln in 2020

World’s Digital Cartoon Market to Hit $1.17 bln in 2020

SEOUL, May 4 (Korea Bizwire) – The global market for digital animation is expected to grow at an average of 10.8 percent annually to US$1.17 billion in 2020, an industry report said Wednesday. According to the annual report by the National IT Industry Promotion Agency (NIPA), the global digital cartoon market came to $814 million in 2016, up 15.7 percent from a year earlier. The findings showed digital cartoons accounted for only 4.1 percent of the entire animation industry in 2011 [...]

Naver Jumps into Cloud Computing Market

Naver Jumps into Cloud Computing Market

SEOUL, Apr. 18 (Korea Bizwire) — Naver Corp., the operator of South Korea’s dominant Internet portal, launched a new cloud-computing platform on Monday to join other IT firms in the fast-growing market. Naver Business Platform (NBP), a subsidiary firm under Naver providing IT infrastructure and solutions, released the platform, Naver Cloud Platform, to offer 30 [...]

Naver Reportedly Developing Location-Aware Recommendation  Service

Naver Reportedly Developing Location-Aware Recommendation Service

SEOUL, April 11 (Korea Bizwire) – Following its new artificial intelligence-based search service, Naver, South Korea’s biggest web portal, is developing its own location-aware recommendation system called LARS, which will assist people with detailed information about locations that are commonly visited. Researchers have been developing a new LARS system that analyzes the information gathered with the [...]

Naver’s Translation App to Help Foreigners at Convenience Stores

Naver’s Translation App to Help Foreigners at Convenience Stores

SEOUL, April 4 (Korea Bizwire) – South Korea’s top portal operator Naver Corp. said Tuesday that foreigners can shop for goods at local convenience stores through the company’s mobile translation application Papago.  Under the agreement with GS Retail Co., a major convenience chain operator, Naver will update its application this month with English, Japanese, and [...]

Autonomous Cars to Fully Take Off in S. Korea in 2028: Analysts

Autonomous Cars to Fully Take Off in S. Korea in 2028: Analysts

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 [...]

Naver’s Self-Driving Robot Highlights Future Ambitions

Naver’s Self-Driving Robot Highlights Future Ambitions

GOYANG, South Korea, March 31 (Korea Bizwire) – Making an appearance at an auto show for the first time, Naver, operator of Korea’s leading web portal, showcased its ambitious self-driving technology at the 2017 Seoul Motor Show.  But it wasn’t the Naver autonomous vehicle that the tech giant was bragging about at the show, it [...]

Naver Dominates Korean Advertising Market

Naver Dominates Korean Advertising Market

SEOUL, Feb. 20 (Korea Bizwire) – A new report has once again highlighted Naver’s dominant position in South Korea in terms of advertising revenue. MezzoMedia, a digital marketing agency, categorized revenue into three types – PC display ads (DA), mobile display ads, and video ads.  For PC DA, which mainly include online banners, Naver outperformed [...]