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Despite Growing Recognition, AI Adoption in South Korean Businesses Remains Limited

Despite Growing Recognition, AI Adoption in South Korean Businesses Remains Limited

SEOUL, Aug. 28 (Korea Bizwire) – As deepfake-related crimes capture headlines and artificial intelligence continues its rapid incursion into daily life, the call for robust AI ethics education is growing louder. Yet, in the corporate world, the actual adoption of AI technology remains surprisingly modest. A recent survey by the Korea Chamber of Commerce and [...]

Global Tech Giants Gain Ground in South Korea’s Search Engine Market

Global Tech Giants Gain Ground in South Korea’s Search Engine Market

SEOUL, Aug. 11 (Korea Bizwire) – In a market long dominated by homegrown players, South Korea’s internet search landscape is showing signs of a significant shift. Global tech giants Google and Microsoft’s Bing are steadily gaining market share, while local stalwarts Naver and Kakao’s Daum are seeing their once-ironclad grip on the market loosen. According to [...]

Drone Usage in South Korea Soars Ninefold in Five Years

Drone Usage in South Korea Soars Ninefold in Five Years

SEOUL, Jul. 1 (Korea Bizwire) – The number of registered drones in South Korea has increased ninefold over the past five years, reflecting their growing popularity for various applications including package delivery, search operations, and video filming. According to data released on June 30 by the Korea Transportation Safety Authority, there were 59,871 registered drones in [...]

SK Telecom Loses Ground in Overall Mobile Market but Maintains 5G Lead

SK Telecom Loses Ground in Overall Mobile Market but Maintains 5G Lead

SEOUL, Jun. 4 (Korea Bizwire) – As the growth of budget mobile carriers persists in South Korea, SK Telecom, the nation’s largest mobile operator, has continued to lose overall market share. However, a new report shows the company still commands a significant portion of 5G subscriptions. According to a report evaluating the competitiveness of South Korea’s [...]

South Korea Lags in AI Model Development Despite Human Capital Strengths

South Korea Lags in AI Model Development Despite Human Capital Strengths

SEOUL, April 17 (Korea Bizwire) – While South Korea demonstrates robust human capital for artificial intelligence (AI) development, the country failed to produce any foundational AI models last year and is experiencing an outflow of talent to other nations, according to a new report from Stanford University’s Human-Centered Artificial Intelligence Institute (HAI). The “AI Index 2024″ [...]

Number of Metaverse Users Rebounds Slightly from July

Number of Metaverse Users Rebounds Slightly from July

SEOUL, Aug. 31 (Korea Bizwire) — The number of South Korean metaverse users, which plunged after the lifting of social distancing rules earlier this year, started increasing again in late July. According to Mobile Index, the big data analysis unit of local data tracker IGAworks, the number of domestic weekly active users (WAU) for the [...]

Only 38 Percent of Online Posts Positive on Automated Convenience Stores

Only 38 Percent of Online Posts Positive on Automated Convenience Stores

SEOUL, Nov. 13 (Korea Bizwire) – With new breakthroughs in artificial intelligence, self-driving cars, and other next generation technologies seemingly unveiled every other day, the potential impact of these innovations has drawn a line between optimists and pessimists, with the latter found to outnumber the former by a considerable margin, at least in South Korea. [...]

[Stats] Number of Consumer Complaints Related to Mobile Games

[Stats] Number of Consumer Complaints Related to Mobile Games

[Related Article] PIN Becomes Essential for App Market Access (Korea Bizwire, May 1) To prevent unintentional mobile application payments, various institutional strategies will be provided such as obligated password input and exposure of payment information notice while using the app markets..… (see the full text of this news) Infographics Design Team (Infographic@kobizmedia.co.kr)