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Korean ICT Firms to Show Off New Technology at PyeongChang 2018

Korean ICT Firms to Show Off New Technology at PyeongChang 2018

GANGNEUNG, South Korea, Feb. 20 (Korea Bizwire) – With less than a year left before the PyeongChang 2018 Winter Olympics, officials have unveiled a handful of cutting-edge ICT (information and communications technology) innovations that will be implemented at the games.  KT Corp. the official telecommunications partner for the Olympic games, introduced an augmented reality navigation [...]

S. Korea to Utilize ICT to Revitalize Economy

S. Korea to Utilize ICT to Revitalize Economy

SEOUL, Feb. 15 (Korea Bizwire) – South Korea announced a package of measures Wednesday to utilize information and communications technology (ICT) and science technology to revitalize the country’s economy suffering from weak exports and flagging manufacturing sector.  Under the measures discussed in a meeting presided over by Acting President and Prime Minister Hwang Kyo-ahn, the [...]

Korea Electronics Show 2016 Opens at COEX

Korea Electronics Show 2016 Opens at COEX

SEOUL, Oct. 27 (Korea Bizwire) – The 47th Korea Electronics Show kicked off at COEX Wednesday for a four day run, with 500 companies from Korea and overseas showcasing their latest electronic equipment and technology.  The event will offer a peek into the future of IoT technology and the convergence of electric cars and smart [...]

Korean Technology Highlighted at IFA Berlin 2016

Korean Technology Highlighted at IFA Berlin 2016

SEOUL, Sept. 13 (Korea Bizwire) – The Korean Electronics and Telecommunications Research Institute (ETRI) shared Monday technology highlighted at the IFA 2016 (September 2 to September 7), which, according to the institute, was met with acclaim.  The IFA, or Internationale Funkausstellung Berlin, is one of the world’s leading trade shows for consumer electronics alongside CES [...]

S. Korean Conference Provides Insight into AR, VR Technologies

S. Korean Conference Provides Insight into AR, VR Technologies

SEOUL, Aug. 26 (Korea Bizwire) – The cultural academy of the Korea Creative Content Agency (KOCCA) on Friday opened a conference to provide insight into global trends and the future of virtual reality (VR) and augmented reality (AR).  The one-day conference in Seoul titled “The VR, AR Insight” brought together local and international experts on [...]

2016 K-Startup Grand Challenge Summons Talent from Overseas

2016 K-Startup Grand Challenge Summons Talent from Overseas

SEOUL, Aug. 17 (Korea Bizwire) – The final stages of the 2016 K-Startup Grand Challenge took place Wednesday at the Pangyo Startup Campus in Seongnam, with international experts and businessmen and women from various fields ranging from artificial intelligence and virtual reality technology to UAVs and videogames in attendance.  A total of 2,439 teams from [...]

Korea Science Festival Opens in Seoul

Korea Science Festival Opens in Seoul

SEOUL, Aug. 5 (Korea Bizwire) – A science festival showcasing the latest technology and the leading edge in science kicked off at Seoul’s COEX (Convention and Exhibition Center) on Thursday.  Hosted by the Ministry of Science, ICT and Future Planning, the Korea Science Festival marked its 20th anniversary.  Almost 300 booths have been set up [...]

Seoul-led Global Partnership for Cybersecurity Kicks Off

Seoul-led Global Partnership for Cybersecurity Kicks Off

SEOUL, July 11 (Korea Bizwire) – A global partnership for cybersecurity — initiated and led by South Korea with 32 other countries as member nations — was officially launched on Monday, the Seoul government said.  The Cybersecurity Alliance for Mutual Progress (CAMP) held its first general meeting at a Seoul hotel with the participation of [...]

Government to Offer Funds, Tax Benefits for VR Industry

Government to Offer Funds, Tax Benefits for VR Industry

SEOUL, July 7 (Korea Bizwire) – South Korea announced a package of measures Thursday to foster its virtual reality (VR) industry, which includes direct financial support and tax incentives.  The government will create 40 billion won (US$34.5 million) of special funds, 20 billion won this year and the rest in 2017, for small and medium-sized [...]

Korea Readies itself for the Fourth Industrial Revolution

Korea Readies itself for the Fourth Industrial Revolution

SEOUL, July 1 (Korea Bizwire) – Industry 4.0, or the fourth industrial revolution, is just around the corner. In truth, we’re already a part of it. The Korean government revealed Thursday that it would increase its research & development investment by 50 percent in high-tech fields like artificial intelligence and robotics that will be of [...]