IT

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  SK Telecom's metaverse platform ready for global debut with strengthened functions SEOUL -- Ifland, a metaverse platform launched by SK Telecom, a top mobile carrier in South Korea, is ready for its global debut following its smooth domestic launch a year ago. The company highlighted the platform's usefulness as a new marketing channel that can expand an offline world to a metaverse world. For its global launch sometime in the second half of 2022, SK Telecom (SKT) has already developed the English version of Ifland, which maximizes user experience through 2022-07-13
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  Line Next attracts $10 million to establish new global NFT platform SEOUL -- Line Next, a U.S.-based venture launched by Line Corporation, a Japan-based messenger app operator, has attracted a strategic investment of $10 million that will be spent on establishing a new global non-fungible token (NFT) platform. Line Next's NFT platform called "DOSI" will be launched in the first half of 2022. The platform will allow business operators and creators to build their own NFT brand stores and global communities. They will be provided with 2022-07-13
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  Researchers develop cellulose-based conductive anode binder material for all-solid-state batteries SEOUL -- Researchers have developed an eco-friendly cellulose-based binder material for anode electrodes in all-solid-state secondary batteries. The simple and environmentally friendly production process of a binder material with a high energy density is ideal for mass production because it can be carried out in existing manufacturing facilities for lithium-ion batteries that use liquid electrolytes. All-solid-state batteries have a higher energy density than lithium-ion batteries 2022-07-12
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  KT partners with Hanwha Systems for commercialization of wireless quantum cryptography communication SEOUL -- KT tied up with Hanwha Systems, a defense contractor affiliated with South Korea's Hanwha Group, to develop and promote the commercialization of laser-based wireless quantum cryptography communication for aviation and space in the 6G era. Wireless quantum cryptography communication is stable and secure. Laser communication offers very high data rates, small antennas and privacy. Wireless quantum cryptography communication can be applied to future industries such as lo 2022-07-12
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  Storage and transportation for liquid hydrogen to be demonstrated in S. Korea's eastern province SEOUL -- Technologies for the storage and transportation of liquid hydrogen will be demonstrated in a regulation-free zone located in the northeastern province of Gangwon. Through the demonstration, South Korea will accelerate the commercialization of technologies for the production, storage, transportation, and utilization of liquid hydrogen. Liquid hydrogen, created by pressurizing hydrogen vapor, has about ten times more energy density than the vapor state. The liquid state is 2022-07-11
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  [INTERVIEW] Amore Pacific confident over successful cloud-based digital transformation SEOUL -- With confidence over its visible achievement in digital conversion, South Korea's top beauty product maker Amore Pacific aims to become "a de facto standard" for the introduction of cloud-based digital transformation by large domestic manufacturing companies. Amore, which was mainly recognized for door-to-door sales in the 1980s, has focused on expanding online sales channels targeting young female consumers. Digital marketing is important in the era of socia 2022-07-11
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  SK Telecom partners with two startups to develop Web 3.0 digital asset wallet SEOUL -- SK Telecom tied up with two domestic companies to develop and operate a Web 3.0 digital asset wallet that allows users to store, transmit, and receive tokens issued by blockchain networks. Security will be strengthened by adding encryption technology to a method that does not store users' private keys. SK Telecom (SKT) said the joint project with AhnLab Blockchain Company (ABC) and Atomrigs Lab is aimed at developing easy and safe wallet services. ABC develops a Web 2022-07-11
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  KT releases dedicated quantum-encrypted leased line service for enterprises SEOUL -- South Korea's biggest telecom company KT has released a leased line service that provides quantum encryption for enterprises that handle highly sensitive information and classified data. Companies already using leased line services can upgrade their security without having to install extra lines. Quantum encryption involves random keys generated by quantum computers. Only the sender and receiver with matching quantum keys can decrypt the data. When hacking attempts ar 2022-07-11
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  Researchers develop AI-based tracking system capable of seamless indoor and outdoor positioning SEOUL -- South Korean researchers have developed an artificial intelligence and satellite-based global positioning system technique that can seamlessly track signals in indoor and outdoor environments. The new system can be used for the development of indoor and vehicle navigation systems. Normally, global positioning system (GPS)-based tracking systems can only pick up signals sent by positioning devices located in an outdoor environment. When the devices move inside a building or 2022-07-08
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  Researchers develop 3D-printed island for extended lifespan of stretchable and flexible electronics SEOUL --South Korean researchers have developed a Ferris wheel-shaped polymer island capable of withstanding repetitive and excessive physical stress that can cause flexible and stretchable electronics to fail. The 3D-printed supporting material for tiny circuit boards can greatly increase the lifespan of flexible displays and stretchable skin-like sensors. An island is a small, flat, and rigid panel that provides physical support for electrical components used in various stretch 2022-07-08
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  Bodyfriend rolls out massage chair upgraded into healthcare product SEOUL -- A conventional massage chair mounted with a simple pressing and kneading function has evolved into a sophisticated medical device for rehabilitation. The robot-like massage chair created by South Korean medical experts enables both legs to move separately and stimulates various muscles so that patients can quickly recover from muscle knots after having an operation. "Phantom Rovo, "a new chair developed by Bodyfriend, a Seoul-based massage chair and 2022-07-07
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  LS Cable to mass-produce liquid-cooled ultra-fast cables SEOUL -- LS Cable & System, a major cable maker in South Korea, has localized liquid-cooled ultra-fast cables that can be used for charging electric vehicles. The company improved a method used by European companies to reduce the possibility of failure due to the leakage of coolant. According to South Korea's charging standards, ultra-fast chargers for 400 kilowatts or higher must be liquid-cooled. Their charging speed is twice faster as air-cooled chargers for 50 to 250 kW 2022-07-06
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  Nokia bolsters cooperation with LG Uplus to acquire 6G technologies SEOUL -- Nokia, a Finnish telecom equipment maker, joined hands with its South Korean partner, LG Uplus, to strengthen cooperation in their research and development related to 5G Advanced and 6G. 5G Advanced is the next evolutionary step in 5G technology and supports advanced applications with enhanced mobility and high reliability. Cooperation covers network structure expansion, frequency expansion, and service space expansion technologies required for 6G networks in which s 2022-07-06
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  KT bolsters bid to localize GPUs through investment in AI semiconductor fabless company SEOUL -- South Korea's top telecom company KT bolstered its bid to localize high-performance graphic processing units (GPUs) and establish a mega-sized GPU farm by making a strategic investment worth 30 billion won ($23 million) in Rebellions, a domestic AI semiconductor fabless company. The goal is to reduce South Korea's heavy dependence on imported products. Rebellions has a competitive technology in designing an application-specific integrated circuit (ASIC), which is an 2022-07-06
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  Taiwan's Cathay Life signs license agreement to adopt Lunit's chest x-ray analysis software SEOUL -- Cathay Life Insurance, a major life insurance company in Taiwan, signed a licensing agreement with Lunit, a medical artificial intelligence company in South Korea, to adopt a deep learning-based software that helps radiologists or clinicians to better analyze chest x-ray images. The chest x-ray analysis solution called "Lunit INSIGHT CXR" will be used for reviewing users' health conditions when taking out insurance. This is the first time that Lunit's sol 2022-07-06
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  POSCO ICT to incorporate digital twin technology into smart factories SEOUL -- POSCO ICT, an IT and engineering wing of South Korea's top steelmaker POSCO, will upgrade its smart factory system by converging digital twin technology to test various technologies in virtual space. After applying the digital twin-based smart factory system to its steel mills, it will be expanded to other production sites. A digital twin is a virtual clone of an object or an infrastructure. Digital twins are frequently used as testing grounds for new technologies or o 2022-07-05
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  Tagless payment introduced for pilot operation at subway stations in S. Korea SEOUL -- A tagless payment service was introduced for pilot operation at selected subway stations to make South Korea's public transportation system more convenient using sensor devices installed at ticket gates and Bluetooth low energy (BLE), a wireless personal area network technology intended to provide reduced power consumption. A smartphone app equipped with a tagless payment function will automatically pay just after passing through subway gates, said Tmoney, a smart mobil 2022-07-05
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  Samsung rolls out all-in-one streaming discovery platform for playing games with smart TVs SEOUL -- Samsung Electronics rolled out an all-in-one game streaming discovery platform where players can use smart TVs and monitors to play games with no additional hardware or downloads needed. Gamers can simply select any game and play it instantly without downloading. It's all there, right away, Samsung said, adding its gaming hub also supports multitasking, allowing users to explore videos or listen to music while playing games. "With expanding partnerships across 2022-07-01
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  Kakao Games ready for Odin's active overseas expansion after successful domestic service SEOUL -- The game publishing wing of South Korea's web service giant Kakao is ready for the full-fledged overseas expansion of "Odin: Valhalla Rising," a blockbuster mobile game that has garnered the explosive popularity of domestic fans since its launch a year ago. Kakao Games vowed to make full preparations for Odin's services in Japan and other regions by establishing a differentiated game with next-generation technology, after it completed the acquisition of 2022-07-01
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  KT ties up with i3DMeta to apply fast 3D image conversion solution to metaverse and IPTV SEOUL -- As animation markets face a technical transition from 2D to 3D in the metaverse era, i3DMeta, a startup based in South Korea, is drawing attention with a fast 3D image conversion solution that can provide competitive prices. Traditionally, converting 2D images into 3D has required a large number of manpower and long hours of work, However, i3DMeta's solution was seen as an effective tool to save time and cost. The startup hopes to open an era where 3D videos of various 2022-07-01