SEOUL, May 26 (Korea Bizwire) – An increasing number of clothing products are combining fashion and technology, part of a new trend called ‘fashionology’, using materials such as cooling fibers used in spacesuits, or those emitting far-infrared radiation. T-shirts that use such new materials are becoming popular, especially for outdoor brands. Cool 360, developed by [...]
SEOUL, May 26 (Korea Bizwire) – Lotte Department Store is implementing what it calls a ‘Virtual Fitting Service’ for customers to try on clothes virtually, without having to physically put them on. The service uses a special mirror that provides a virtual reflection of the customer wearing the clothing by applying a 3D image of [...]
SEOUL, May 20 (Korea Bizwire) – South Korea and Chile have agreed to speed up bilateral cooperation on the information, communication and technology (ICT) front, as the Latin American nation seeks to learn from Seoul’s experience, a government ministry here said Thursday. Choi Jae-you, vice minister of science, ICT and future planning, attended a ceremony [...]
SEOUL, May 17 (Korea Bizwire) – The South Korean government announced plans Tuesday to streamline its underperforming programs in efforts to advance the local unmanned vehicle industry. It will focus first on developing “common technologies” crucial to drones, driverless cars and unmanned vessels, according to the Ministry of Science, ICT and Future Planning. The government [...]
SEOUL, May 17 (Korea Bizwire) – Multinational technology firm IBM is aggressively enlarging its presence in South Korea, most recently adding financial tech to its list of services that already includes artificial intelligence (AI), robotics and security solutions, industry sources said Tuesday. The New York-headquartered company is exploring the local market for its “blockchain,” a [...]
SEOUL, May 12 (Korea Bizwire) – Strong winds have the capability to take down any man-made structure. Maintaining a wind-resistant building structure has always been a conundrum for architects. However, Korean researchers have recently come up with a structure that can reduce the effect of wind by 20 percent, by using daffodil stems as an [...]
SEOUL, May 12 (Korea Bizwire) – South Korea launched a presidential council on science and technology Thursday to oversee the nation’s efforts to overhaul the research and development (R&D) sector. The “strategic” panel, headed by President Park Geun-hye, will serve as a “control tower” and a “trouble shooter” for South Korea’s overall science and technology [...]
SEOUL, May 4 (Korea Bizwire) – AlphaGo may have beat Lee Sedol, but that hasn’t discouraged Koreans. A private AI research institute called the Intelligence Information Technology Institute is expected to open by the end of the year. The Software Policy & Research Institute (SPRi), which is leading the effort, held a press conference Tuesday [...]
SEOUL, May 2 (Korea Bizwire) — Tech giants from home and abroad are battling to garner a larger slice of the South Korean market for cloud computing solutions, industry watchers said Monday, as local demand for the services is expected to grow sharply down the road. The South Korean market for cloud computing solutions is [...]
DAEJEON, Jan.12 (Korea Bizwire) – A Korean and American joint research team has developed a nano-capsule that makes diagnosing cancer within 24 hours possible by injecting the substance into the human body. The organic fluorescent dye contained in the capsule glows in different colors in the presence of different types of cancer cells. Professor Song [...]