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 [...]
SEOUL, June 3 (Korea Bizwire) – The South Korean government said Thursday it will open a virtual reality (VR) experience center this week in Pangyo, the nation’s mecca for the high-tech industry. The move is part of efforts to create a boom for indoor digital theme parks, according to the Ministry of Science, ICT and Future [...]
GOYANG, May 20 (Korea Bizwire) – A next generation video games exhibition titled PlayX4 is taking place at Kintex in Ilsan from May 19 to May 22. The exhibition is hosting a variety of next generation VR (virtual reality) and AR (augmented reality) games, which visitors can experience. “The gaming industry is one of the [...]
SEOUL, May 19 (Korea Bizwire) – A South Korean mountaineer and explorer, Huh Young-ho (63), has succeeded in filming an ascension of Mount Everest with a 360-degree VR camera. After 43 days of climbing and preparation, Huh reached the mountain’s summit for the fifth time on May 16 at 6AM local time. He now holds [...]
SEOUL, April 6 (Korea Bizwire) – KT broadcast the opening game of the KT Wiz’s season live through virtual reality (VR), the first mobile 360-degree live broadcast shared on the sports game site. The crowd wore exclusive VR cardboard viewers handed out by KT, and enjoyed a more dynamic view of the game. Even those sitting [...]
SEOUL, March 3 (Korea Bizwire) – LG Electronics Inc., a latecomer to the virtual-reality (VR) segment, said Thursday its new smartphone camera that rotates 360-degrees officially connects to Google Inc.’s Street View service, announcing its full-fledged debut in the industry. South Korea’s No. 2 tech giant said it marked the first time for a smartphone [...]
SEOUL, Feb. 17 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it plans to use its prowess in smartphones and close partnerships to build up an ecosystem in the virtual reality (VR) sector. The move comes as Samsung Group’s top executives tested Gear VR devices during their weekly meeting in Seoul, reflecting the conglomerate’s efforts [...]
SEOUL, Dec.15 (Korea Bizwire) – Following Google and Facebook, Naver is also set to launch 360 degree video services. The Korean web giant announced on December 14 that it will be launching 360 degree virtual reality (VR) video services within the month. Instead of watching videos taken from the perspective of the person making the [...]
SEOUL, Dec. 2 (Korea Bizwire) – Samsung Electronics Co. introduced Wednesday the beta edition of a web browsing program for its virtual reality (VR) devices, allowing users to access more content online. The test edition of Samsung Internet for Gear VR will allow users of Samsung’s VR devices to stream various videos online and provide [...]
SEOUL, Nov.27 (Korea Bizwire) – Virtual Reality (VR) devices are making inroads into the homes of consumers, with lowered prices acting as the main catalyst. VR devices, which were out of reach of most consumers due to high prices, are now becoming more accessible. Samsung Electronics has released a new premium device called the ‘Gear [...]