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Naver to Cooperate with Qualcomm on AI Patform

Naver to Cooperate with Qualcomm on AI Patform

SEOUL, Jun. 20 (Korea Bizwire) — Naver Corp., South Korea’s top Internet portal operator, said Monday that it will work with global chipmaker Qualcomm Inc. to further develop its artificial intelligence (AI) platform, Clova. Under an agreement with Qualcomm’s subsidiary, Qualcomm Technologies, Naver will provide Clova for use with the global giant’s Internet of Things (IoT) [...]

Naver Facility Among the World’s Top 10 Most Beautiful Data Centers

Naver Facility Among the World’s Top 10 Most Beautiful Data Centers

SEOUL, Jun 15 (Korea Bizwire) — Naver’s data center ‘Gak’, which is located in Chuncheon, Gangwon Province, has made it to a list of the top ten of the world’s best-looking data centers, joining the likes of Google and aql. British IT journal Data Center Dynamics has recently announced ten of the most beautiful data centers [...]

Naver Named as Top-Performing Firm in South Korea

Naver Named as Top-Performing Firm in South Korea

  SEOUL, May 24 (Korea Bizwire) – Naver Corp. was picked as the top firm for its business performance among the country’s major 500 companies, data showed Tuesday, beating Samsung Electronics Co. According to the data compiled by industry tracker CEO Score, South Korea’s No. 1 Internet portal operator received top remarks in a business evaluation that centered on eight areas, including earnings, investment, job creation and transparency. While Naver stood as the [...]

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 [...]