SEOUL, Nov. 8 (Korea Bizwire) — South Korea’s convenience store chains are testing a variety of technologies, running some fully unmanned stores and hybrid (unmanned night operations) stores in a smart store format. A good example of this is CU’s artificial intelligence (AI) face recognition kiosk. Once users register their face and customer information at [...]
SEOUL, Oct. 26 (Korea Bizwire) — North Korea’s official newspaper claimed that the country has developed and partially commercialized a string of state-of-the-art technologies. The Rodong Sinmun, an organ of the North’s ruling Worker’s Party, on Tuesday published an article covering the National Informatization Achievement Exhibition 2022, noting that a variety of Internet of Things (IoT), big [...]
SEOUL, July 1 (Korea Bizwire) — A digital transformation is taking place in South Korea’s convenience store industry, with local retailers racing to open stores installed with the latest retail technologies. GS Retail, the operator of local convenience store chain GS25, opened its first smart store, called the GS25 DX LAB, in southern Seoul on [...]
SEOUL, Jan. 5 (Korea Bizwire) — A new service will be introduced to make it easier to search the publicly-owned technologies with promising commercialization prospects among those developed by universities or research institutes. The Ministry of Science and ICT on Wednesday officially opened the public technology transfer and transaction platform ‘ETechS’ that was upgraded by [...]
SEOUL, June 2 (Korea Bizwire) — South Korea’s major defense companies are stepping into new businesses such as urban air mobility (UAM) and drones on the back of their long-accumulated expertise in military-purpose technologies. Hanwha Systems Co., the defense and ICT unit of Hanwha Group, signed a business agreement with Britain’s UAM infrastructure specialist Skyports [...]
SEOUL, Feb. 17 (Korea Bizwire) — As the aftermath of the novel coronavirus outbreak, technologies that can reduce anxiety and fear in daily life are rapidly gaining popularity. In particular, so-called ‘untact’ ordering services are quickly gaining ground at restaurants. These types of services allow customers to order and pay for their food at the [...]
SEOUL, Apr. 17 (Korea Bizwire) — The defense ministry said Wednesday that it plans to establish a defense “big data” system this year as part of efforts to enhance the military’s logistical capabilities by harnessing cutting-edge technologies. It is one of the ministry’s 18 plans to be pushed for this year under the Defense Reform [...]