The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Oct. 22 (Korea Bizwire) — The industry ministry on Tuesday kicked off the annual Korea Electronics Show (KES), where businesses will showcase their visions for a sustainable future through the use of cutting-edge artificial intelligence (AI) technologies. The KES 2024 will run for four days at the COEX convention center in southern Seoul, inviting [...]
SEOUL, Oct. 22 (Korea Bizwire) – Lee Ki-jin, a physics professor at Sogang University known for declining a blank check offer from Chinese tech giant Huawei, has recently made headlines for a different reason: a breakthrough in non-invasive blood glucose monitoring. Lee, also recognized as the father of K-pop star CL from the group 2NE1, has [...]
SEOUL, Oct. 21 (Korea Bizwire) – In a rare admission of weakness, Samsung Electronics has acknowledged internal problems affecting its semiconductor business, marking a formal recognition of the crisis that has been brewing throughout the year. The head of Samsung’s semiconductor division, Kyung Kye-hyun, expressed remorse for the company’s weakening technological competitiveness, conceding that the issues [...]
SEOUL, Oct. 21 (Korea Bizwire) – Hyundai Motor Company’s high-performance division, Hyundai N, is making a bold move into the world of e-sports with the announcement of its global virtual racing competition, the Hyundai N Virtual Cup. The announcement came on October 20 at the ADAC Sim Racing Expo in Dortmund, Germany, marking a significant step [...]
SEOUL, Oct. 21 (Korea Bizwire) – Samsung Electronics has reported a significant increase in sales of its ultra-large televisions, indicating a shift in consumer preferences towards bigger screens regardless of living space constraints. According to data released by Samsung on October 20, sales of TVs 80 inches and larger have grown by approximately 15% in the [...]
SEOUL. 19 (Korea Bizwire) –The battle for supremacy in the global smartphone market has intensified, with Apple’s recent release of the iPhone 16 series bringing it within striking distance of long-time leader Samsung. Industry analysts suggest that the new camera button on the iPhone 16 has resonated with users, potentially driving a significant increase in [...]
SEOUL, Oct. 18 (Korea Bizwire) –Kakao Mobility, a leading South Korean tech company, announced on October 16 the launch of a new feature called Trending Now for its navigation app, Kakao Navi. This innovative service utilizes big data from user driving patterns to recommend real-time hotspots based on user preferences. Unlike traditional restaurant and nearby [...]
SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Card, a major South Korean credit card company, has successfully exported its proprietary artificial intelligence software to Japan, marking the first such international sale by a South Korean financial institution. The company announced on October 17 that it had signed a contract to sell its AI software, Universe, to [...]
SEOUL, Oct. 17 (Korea Bizwire) – A group of South Korean scientists has discovered electronic crystallites in a solid material for the first time in the world, which is expected to help make progress in studies on high-temperature superconductivity, the science ministry said Thursday. A research team, led by Professor Kim Keun-su at Yonsei University [...]
SEOUL, Oct. 16 (Korea Bizwire) – As Samsung Electronics grapples with an earnings shock in its third-quarter results, the company’s Mobile eXperience (MX) and Networks (NW) divisions have managed to remain profitable, earning praise for their resilience. However, the tech giant now faces a critical decision that could significantly impact its future smartphone offerings and bottom [...]