South Korea is falling behind in the field of 5G convergence, as foreign mobile carriers are leading the commercialization of automotive 5G and network slicing.According to market research firms, 5G network-connected cars are expected to account for 25 percent of all cars in 2025. In this market, T-
The Korea Institute of Science and Technology (KIST) announced on March 6 that its research team led by Dr. Lee Su-yeon has developed a low-power consumption and high-efficiency artificial sensory neuron device, which is expected to facilitate the commercialization of in-sensor computing imitating t
SK Telecom (SKT) aims to enter the global market with ‘Next Big Tech,’ which refers to its three key future technologies, namely metaverse, AI semiconductor and quantum cryptography.The company disclosed its new business plan at a news conference at MWC Barcelona 2022 on Feb. 28 (local time). SKT CE
Samsung Electronics reduced the number of its subsidiaries by 13 in 2021. This is the largest drop in the past five years since 2017 when the company reduced the figure by 18 after acquiring Harman, an automotive electronics and audio company, in 2016. Analysts say that Samsung Electronics has liqui
Chinese newspapers reported that Volkswagen Group is planning to acquire the autonomous driving business unit of Huawei and talks to that end have been in progress for months.The potential acquisition has been mentioned since November last year, when some mentioned that the two would set up a joint
KT's AI-based connected car solution will be used for Mercedes-Benz vehicles.KT announced on Feb. 17 that it has launched an AI voice recognition service for Mercedes-Benz models such as the S-Class and the EQA in cooperation with Cerence, an AI voice recognition solution company for vehicles in
Korean researchers have developed a semiconductor that receives signals only when the stimulus is strong enough. This technology can facilitate the development of a robot that can feel pain from external stimuli.The Korea Institute of Science and Technology (KIST) announced on Feb. 13 that a researc
Oracle and Microsoft has launched their cloud interconnection service in South Korea.The two companies formed a partnership for the purpose in 2019. They have interconnected data centers in major cities since then. Recently, the interconnection service was launched in Phoenix as well as Seoul. The s
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Following the spin-off into SKT and SK Square, the wired and wireless telecommunication domains remain SKT’s main focus. That said, we expect SKT to start in earnest marshalling its stable cash f
SK Telecom (SKT) has joined hands with Joby Aviation of the United States to introduce emissions-free aerial ride-sharing services to cities and communities across South Korea.Joby Aviation is a California-based company developing an all-electric, five-seat aircraft that can take off and land vertic
Experts point out that the National Cyber Security Act, which is pending in the National Assembly, will undermine the information and communication technology industry of South Korea when enacted.At present, the National Cyber Security Center of the National Intelligence Service (NIS) is in charge o
AIA Korea announced on Jan. 27 that AIA Vitality is partnering with Golfzon, the largest screen golf company in the country. Starting this month, AIA Vitality members can enjoy 18-hole screen golf game at Golfzon and receive points towards Weekly Missions. AIA Vitality is the first health, wellness
Samsung Electronics is expected to introduce a foldable laptop soon, following the success of foldable smartphones.According to the World Intellectual Property Organization (WIPO) on Jan. 16, Samsung Electronics filed an application for a patent for “a multi-foldable electronic device” on Jan. 13.Th
KAIST research team led by professor Kim Bum-jun and Georgia Tech research team led by professor Lee Seung-woo have developed a highly advanced all-solid-state battery by developing an elastomer polymer electrolyte.According to the teams, the development is capable of extending the driving range of
Pernod Ricard Korea has launched the Royal Salute 21YO Richard Quinn Edition, created by a collaboration between two British icons: Royal Salute, a prestige whisky brand, and Richard Quinn, a rising star in the British fashion world.Fashion designer Richard Quinn has captivated the world with his bo
LG Electronics announced on Jan. 10 that it will cooperate with IBM to develop quantum computing, a rapidly-emerging technology that harnesses the laws of quantum mechanics to deliver a huge leap forward in computation to solve complex problems. It has come into the spotlight with the emergence of a
Hyundai Motor Co. revealed its Plug & Drive (PnD) modular platform that enables mobility of traditionally inanimate things, from small objects to large community spaces, at CES 2022 on Jan. 4. At the event, the leaders of Hyundai Motor and Boston Dynamics presented a shared vision for robotics in bo
Play-to-earn (P2E) games are expected to change the paradigm of the game market, and related startups are attracting increasing investments.The Blockchain Game Alliance said on Jan. 5 that the sales of NFT-based games added up to US$2.32 billion in the third quarter of last year and the number of re
The daily use of cryptocurrencies is accelerating. More and more stores are adopting cryptocurrency-based payment, as this method is more economical than credit card-based payment and more convenient for users.At present, PCI and MLK support both online and offline payment in South Korea. PCI was de
Some news outlets reported that Samsung Electronics applied for a patent with the WIPO in May this year regarding a smartphone that combines foldable and rollable screen technology.The patent documents show that the smartphone's screen can be extended both vertically and laterally.According to W