SEOUL, Jul. 13 (Korea Bizwire) — South Korea’s ICT ministry said Thursday that it will open two additional new complexes to promote virtual reality (VR) and augmented reality (AR) technology as the country aims to become a global powerhouse in the sectors. The two centers will be set up at Korea National University Of Arts [...]
SEOUL, June 1 (Korea Bizwire) – South Korea’s largest virtual reality (VR) event will kick off in the southern port city of Busan later this week to showcase the latest technologies and content as the country aims to become a global powerhouse in the sector, the government said Wednesday. Busan VR Festival 2017, the first [...]
INCHEON, April 3 (Korea Bizwire) – The 2017 Korean Baseball Organization season began on Friday at the Incheon SK Happy Dream Park, highlighted by the latest 5G technology and virtual and augmented reality. Before the game between the SK Wyverns and the KT Wiz, visitors had the chance to experience free VR rides in front [...]
SEOUL, March 27 (Korea Bizwire) – The Ministry of Trade, Industry & Energy said Sunday that it will be rolling out a Virtual Reality Shopping Mall during this year’s Korea Sale Festa – Korean Black Friday – that consumers will be able to use to shop and place orders and have the goods delivered to [...]
DAEJEON, Feb. 20 (Korea Bizwire) – The Daejeon Global Game Center opened Monday at the city’s Information & Culture Industry Promotion Agency headquarters, with the goal of supporting and nurturing the development of next generation AR, VR, and simulation videogames. Since last year, the agency, along with the metropolitan government, has been helping local videogame [...]
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 [...]
SEOUL, Feb. 16 (Korea Bizwire) – South Korea announced plans Thursday to ease regulations on three industries — artificial intelligence (AI), virtual reality (VR) and financial technology, or fintech — as part of the government’s aggressive deregulation drive to find a new growth engine. The Ministry of Science, ICT and Future Planning reported a set [...]
SEOUL, Feb. 15 (Korea Bizwire) – A new PC bang, an internet café for playing computer games, has opened in Hongdae, a trendy business district in Seoul popular with young people. But this new establishment has a unique hi-tech way of separating itself from its competitors – it features virtual reality games. VRIZ is the name [...]
SEOUL, Feb. 9 (Korea Bizwire) – Samsung Electronics Co. emerged as the leader in the global virtual reality (VR) market in 2016, accounting for more than 70 percent of 6.3 million VR devices shipped worldwide, a report showed Thursday. The South Korean tech giant sold about 4.51 million units last year, or 71.6 percent of [...]
SEJONG, Feb. 2 (Korea Bizwire) – Two South Korean public institutes said Thursday that augmented reality and virtual reality are two of the most promising industries in the next eight years. A joint analysis by the Korea Institute for Advancement of Technology and the Korea Institute for Industrial Economics and Trade showed that augmented reality [...]