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S. Korea Launches Alliance to Nurture “Smart Home” Industry

S. Korea Launches Alliance to Nurture “Smart Home” Industry

SEOUL, April 26 (Korea Bizwire) – South Korea launched an alliance of leading information and communication technology and construction firms on Wednesday to nurture the “smart home” industry that connects artificial intelligence (AI) and Internet of Things (IoT) to home appliances.  “We can make the world’s leading smart home industry with the combination of our [...]

More Studio Apartments Becoming “Smart” in Korea

More Studio Apartments Becoming “Smart” in Korea

SEOUL, Oct. 25 (Korea Bizwire) – Korea is seeing a rising number of studio apartments built with “smart” features based on IoT, with the growing popularity of smart homes.  According to construction industry watchers, these IoT-equipped efficiency apartments, also referred to as officetels in Korea, are particularly popular among members of the younger generation in their [...]

Gyeonggi to Build Energy-Efficient Smart Apartment Complex

GOYANG, South Korea, Oct. 7 (Korea Bizwire) – Gyeonggi’s Provincial Government announced Thursday that it will be establishing a smart apartment complex that will help residents boost energy sufficiency.  The endeavor will incorporate energy efficiency and information and communications technologies, with some 1,000 households at the Hoban Vertium Apartment Complex in Goyang benefiting from the [...]

Kitchen Appliances Gaining Popularity in Korea

Kitchen Appliances Gaining Popularity in Korea

SEOUL, July 19 (Korea Bizwire) — Many companies within the home appliances industry are expanding their product lines to include more kitchen appliances, as family activities and lifestyle patterns have evolved to take place more in the kitchen rather than in the living room. According to an industry official, the kitchen has transformed to become [...]

Korean IoT Market to See 38% Annual Growth, Reach ₩17 Trillion by 2020

Korean IoT Market to See 38% Annual Growth, Reach ₩17 Trillion by 2020

SEOUL, July 13 (Korea Bizwire) – According to a Hyundai Research Institute report entitled ‘The Trend of Promising Industries Related to Internet of Things (IoT)’ revealed on July 12, the global IoT market is expected to swell from $300 billion in 2015 to $1 trillion by 2020, with 28.8 percent annual growth. For South Korea, experts foresee [...]

LG Electronics Introduces ‘Smart Sensor’ for Home Appliances

LG Electronics Introduces ‘Smart Sensor’ for Home Appliances

SEOUL, June 21 (Korea Bizwire) – South Korean home appliance maker LG Electronics Co. introduced a set of brand new devices Monday that are able to transform conventional household appliances into smart and connected devices which can interact with the latest mobile communication devices.  They are SmartThinQ sensors and SmartThinQ Hub.  The smart sensor is [...]

Internet of Things Vulnerable in a Connected World

Internet of Things Vulnerable in a Connected World

SEOUL, June 20 (Korea Bizwire) – Last year, hackers took over a Jeep Cherokee travelling on a highway in the United States. They breached the vehicle’s Uconnect system from some 15 kilometers away with a single laptop, controlling everything from the car’s air conditioning system to the windshield wipers.  The age of the Internet of [...]

Samsung Electronics to Hold 2014 Developer Conference Exploring New IT Platforms

Samsung Electronics to Hold 2014 Developer Conference Exploring New IT Platforms

SEOUL, Oct. 29 (Korea Bizwire) – Samsung Electronics announced the names of lecturers who will give insights on emerging IT trends at Samsung Developer Conference scheduled to be held at San Francisco on November 11 to 13. During the conference, approximately 100 experts will give their speeches on 14 topics including smart health, smart home, wearable [...]