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S. Korea Creates New ‘Control Tower’ on Sci-tech Policy

S. Korea Creates New ‘Control Tower’ on Sci-tech Policy

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 [...]

Tech Giants Lock Horns over S. Korean Cloud Market

Tech Giants Lock Horns over S. Korean Cloud Market

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 [...]

One-Shot Cancer Diagnosis Developed

One-Shot Cancer Diagnosis Developed

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 [...]

S. Korea’s New Energy Industry to Reach 100 tln Won by 2030

S. Korea’s New Energy Industry to Reach 100 tln Won by 2030

SEJONG, Nov. 23 (Korea Bizwire) – South Korea’s market for new energy industries is expected to reach 100 trillion won (US$86.4 billion) by 2030 on the back of efforts to expand existing know-how and develop next-generation technologies, the government said Monday. Unveiling a government strategy for boosting the new energy industry, the Ministry of Trade, [...]

VR Scenes from ‘Iron Man’ Soon to Become Reality

VR Scenes from ‘Iron Man’ Soon to Become Reality

Seoul, July 23 (Korea Bizwire) – A conference gauging the progress of augmented reality (AR) and virtual reality (VR) technologies, which are receiving attention as the multimedia services of the future, was held on July 22. SK Telecom hosted a forum to discuss the present and future of immersive multimedia services such as augmented reality and virtual reality. [...]

Korea’s Job Market Turns Face away from Humanities Graduates

Korea’s Job Market Turns Face away from Humanities Graduates

SEOUL, Oct. 22 (Korea Bizwire) – It becomes common that humanities majors are neglected while STEM (science-technology-engineering-math) majors take center stage in job markets across the world. The Wall Street Journal reported on June 6, 2013, that the unemployment rate of graduates majoring in English among recent college graduates in the United Sates was 9.8 percent. [...]