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Today Technology

KT launches IoT-based electric bicycle

Mobile carrier KT said Friday that it had built an internet of things-based electric bicycle in partnership with bicycle maker Recon Hi-Tech. Dubbed “Air i,” the electric bicycle uses IoT technologies to reduce the risk of loss or theft. KT applied its IoT technologies and smart mobility platform to the bicycle in order to connect it to the company’s LTE-M network, allowing users to keep track of the bicycle’s real-time positions and remotely control operations. A model sits on Air i, an IoT-bas

Samsung focuses on solid-state batteries at forum

Professor Lee Se-hee of the University of Colorado delivers a presentation on solid-state batteries at a forum hosted by Samsung Electronics on Friday. (Samsung Electronics)Samsung Electronics focused on solid-state batteries as the next generation of lithium-ion batteries at an open forum on related technologies, it said Friday. The South Korean tech titan held the event to keep track of the latest progress in development of the new batteries and share industry cases. The forum held at Seoul Na

Today
Technology
Fall of Korea’s top carpool app amid financial struggle, regulatory hurdles

South Korea’s top carpooling startup Poolus has laid off around 70 percent of its employees as part of business restructuring initiated by growing financial difficulties and regulatory hurdles that have weighed down on the app’s growth.　　Poolus confirmed Thursday that its CEO Kim Tae-ho had resigned as of June 7 during a board meeting. The startup said it has been seeing “stagnant earnings and operational difficulties due to regulatory issues” and will “re-examine the viability of its business a

Today
Technology
Samsung SDI launches new high-voltage home ESS battery module

South Korea’s leading battery maker Samsung SDI unveiled its newest high-voltage home energy storage system battery module at a tradeshow in Germany, vowing to accelerate its penetration into the growing home ESS market, the company said Thursday. The latest residential ESS battery module revealed at the Electrical Energy Storage Europe 2018 in Munich features doubled energy density from last year’s products through the use of newly applied cell and module design technologies. A visitor takes a

Today
Technology
KT provides AI solutions for Ambassador Hotel Group

South Korea’s KT will provide its artificial intelligence solutions for Ambassador Hotel Group, helping the global hotel chain to provide AI-based services, the company said Thursday. The Korean mobile carrier and the hotel group signed a memorandum of understanding to cooperate on building hotels with AI services in the country, starting with Novotel Ambassador Seoul Dongdaemun & Residences that is slated for opening in July. Under the memorandum, the two companies are planning to connect the h

Today
Technology
Hyundai Motor partners with Audi to boost fuel cell electric vehicles

Two leading automakers collaborate to open new market for hydrogen-powered cars beyond pure electric vehicles

Jun 21, 2018
Technology
Korean market grows for online, mobile games

South Korea was the world’s third-largest market for online video games and the fourth-largest for mobile games last year, according to data provided by market research firm Euromonitor International on Wednesday.Korea’s online video game market was valued at $1.69 billion in 2017, marking an on-year growth of 23.2 percent. The country’s mobile game market was valued at $2.34 billion in the same year, up 36 percent from the previous year.China ($11.9 billion) and the US ($2.24 billion) were the

Jun 21, 2018
Technology
KAIST to host forum in Seoul discussing AI ethics, policymaking

KAIST, South Korea’s leading science and technology research university, will host a forum in Seoul on Thursday to discuss the ethics of artificial intelligence technology development as well as policymaking around the world. Titled “Taming Artificial Intelligence: Engineering, Ethics and Policy,” the forum will invite some of the world’s leading AI researchers, including those who recently made headlines for announcing a boycott of KAIST over its alleged contribution to developing autonomous “k

Jun 21, 2018
Technology
SK Telecom separates 11Street from SK Planet to catch up with Amazon

SK Telecom’s board of directors decided to split money-losing subsidiary SK Planet into an e-commerce and a data tech firm as part of strategies to boost the online shopping business, it said Tuesday. The parent company also said it has helped finance 500 billion won ($448 million) for SK Planet’s e-commerce platform 11Street with a goal of developing the platform as the Korean version of Amazon. The mobile carrier attracted the investment from various investors including private equity H&Q Kore

Jun 20, 2018
Technology
[News Focus] Mobile operators speed up 5G commercialization after allocation

South Korea’s three mobile operators are speeding up their plans to commercialize fifth-generation network services after the completion of the auction for 5G frequency bands. According to the plans, the mobile carriers are preparing to select equipment vendors in the third quarter and start building 5G stations in the fourth quarter. “Some are expecting the vendor selection to be completed by early July,” said an industry official. “Now with the frequency auction being completed, each company w

Jun 20, 2018
Technology
[Photo News] Game industry trade show kicks off in Seoul

DISCUSSING GAME EXPORTS -- Business meetings are held at the “2018 ITS GAME” game industry trade show, which kicked off at Coex in Seoul on Tuesday. In its ninth edition, the event has the participation of 110 game publishers and buyers from 14 countries including the US and China. Yonhap

Jun 20, 2018
Technology
WHO says game addiction is mental disorder in final disease classification draft

The World Health Organization has recognized game addiction as a mental disorder in its latest version of the revised 11th International Classification of Diseases released Monday, drawing backlash from the gaming industry and medical professionals worldwide, including Korea’s.Though technically a draft, the ICD-11 in its present state is the final copy that will be considered for official endorsement upon discussion by the WHO’s decision-making body, the World Health Assembly, in May 2019.The I

Jun 20, 2018
Technology
Koreans spend more time on Instagram, less on Facebook

Instagram’s growing popularity driven by women in 30s with money, social status, experts say

Jun 20, 2018
Technology
Mobile carriers secure 5G frequencies at W3.6tr

South Korean mobile carriers on Monday secured frequency spectrums for the upcoming fifth-generation network in an auction at a total of 3.6 trillion won ($3.26 billion), the Ministry of Science and ICT said. The auction ended on its second day, and the total winning price was higher than the government’s asking price of 3.3 trillion won. An official at the Ministry of Science and ICT speaks at a press conference about the result of 5th-generation network auction at the Government Complex Gwach

Jun 19, 2018
Technology
Samsung’s global sales grow alongside increased risks

Tech titan expected to mull measures at upcoming global strategy meetings

Jun 19, 2018
Technology

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