SEOUL, Jul. 8 (Korea Bizwire) — South Korea will invest 500 billion won (US$425 million) in overseas smart city projects to be built by local companies as it seeks to foster smart cities as a future growth driver, the transport ministry said Monday. In partnership with local pension funds and private investors, the ministry aims [...]
SEOUL, Jul. 4 (Korea Bizwire) — South Korea is aiming to establish a presence in China’s smart city market amid a steady decline in information and communications technology (ICT) exports, the government said Thursday. At the 2019 Korea Smart City Inside China event held in the Chinese city of Xian, South Korea made clear it [...]
GLASGOW, Scotland, Apr. 16 (Korea Bizwire) — IES, the leading innovator in sustainable analytics for the built environment, has today released new cutting-edge digital twin technology that will revolutionise the smart city movement. The ICL (Intelligent Communities Lifecycle) is a platform of interconnected decision support tools that facilitate the planning, design and operation of energy [...]
SEOUL, Mar. 13 (Korea Bizwire) — The Seoul Metropolitan Government said Wednesday it will install 50,000 Internet of Things (IoT) smart sensors throughout the capital city by 2022 to collect information on fine dust, traffic and other things related to citizens’ lives. The Seoul government will also introduce chatbots to its 120 Dasan Call Center [...]
SEJONG, Feb. 8 (Korea Bizwire) — The infrastructure ministry on Friday announced three locations that will be turned into themed smart cities that will receive a total of 12 billion won (US$10.65 million) in investment. Daejeon, Gimhae and Bucheon were picked for this year in the government project that aims to improve the daily convenience [...]
SEOUL, Jan. 31 (Korea Bizwire) — The Seoul Metropolitan Government plans to designate a number of ‘smart city districts’ to resolve various urban issues with cutting-edge information and communications technology. The city announced on Wednesday that it has selected Seongdong and Yangcheon districts as the first two smart city districts. Smart city districts designated by [...]
HONGSEONG, Jan. 16 (Korea Bizwire) — The government of South Chungcheong Province held a final briefing regarding strategies for so-called ‘smart city’ projects on Tuesday. The province is pushing to establish a welfare city for elders, digital underdogs. The smart city will utilize IoT and ICT to solve regional problems related to the environment, industry, [...]
SEOUL, Oct. 30 (Korea Bizwire) — North Korea is an ideal location for the construction of smart cities, a South Korean expert has said, proposing concrete measures to boost inter-Korean economic cooperation. Min Kyung-tae, a North Korea expert at the Seoul-based Yeosijae, Future Consensus Institute, said that it is very efficient to build smart cities [...]
SEOUL, Jul. 17 (Korea Bizwire) — Sejong, South Korea’s central administrative city, will soon transform into a futuristic high-tech municipality having been designated by the government as a trial space where all aspects of daily life will be incorporated with high technology, the likes of which are commonly found in science fiction films. Yesterday at [...]
DAEGU, May 24 (Korea Bizwire) — The city of Daegu will be participating in a government project that aims to develop services that would create high-tech infrastructure based on 5th-Generation Wireless Systems (5G), allowing for autonomous vehicles and a “smarter city.” The local government of Korea’s fourth largest city announced yesterday that its consortium had [...]