Seoul, March 29 (IANS) Major commercial districts in Seoul saw a sharp rise in foreign visitors on the day of BTS’ concert in the capital earlier this month, with Seongsu-dong emerging as a new shopping hub, industry data showed on Sunday.More than 78,000 foreigners visited Jung Ward, home to the popular Myeongdong shopping district, on March 21, when BTS held its comeback concert at Gwanghwamun Plaza in central Seoul, up 15.1 percent from a year ago, according to data compiled by a statistics p…
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Seoul, March 22 (IANS) Two South Korean artificial intelligence services have ranked among the world’s top 50 most-used generative AI tools, a report from Silicon Valley venture capital firm Andreessen Horowitz (a16z) showed on Sunday.Domestic telecommunications provider SK Telecom Co.’s AI personal assistant service, Adot, came in 39th in the top 50 most used generative AI web products list, according to the report from the California-based firm Andreessen Horowitz.Two AI-powered mobile apps fr…
Seoul, Jan 29 (IANS) South Korea’s science ministry on Thursday unveiled the road map to foster the quantum industry, aiming to become the world’s top quantum chip producer by 2035.The Ministry of Science and ICT stated that the plan includes fostering 10,000 experts in the field and nurturing 2,000 businesses, to secure homegrown quantum technologies that can deliver industrial breakthroughs by building advancements in the artificial intelligence (AI) sector, Yonhap news agency reported.The gov…
Seoul, Jan 4 (IANS) More than 50,000 customers of KT Corp., South Korea’s second-largest mobile carrier, have canceled their subscriptions after the telecom company began waiving early termination penalties following a major data breach, industry sources said.According to the sources, 52,661 KT users moved to rival carriers between Wednesday and Saturday. More than 70 percent of them switched to SK Telecom Co, reports Yonhap news agency.On Saturday alone, 21,027 people left KT, including 13,616 …
Seoul, Jan 3 (IANS) More than 30,000 customers of KT Corp, the country’s second-largest mobile carrier, canceled their subscriptions after the telecom company began waiving contract termination penalties following a major data breach incident, industry sources said on Saturday.According to the sources, 31,634 KT users moved to other carriers between Wednesday and Friday. Of those, 18,720 subscribers, or more than 70 percent, switched to SK Telecom Co., while some 7,200 users moved to LG Uplus Co…
Seoul, Dec 23 (IANS) South Korea on Tuesday launched a trial period for a new policy requiring people to undergo real-time face recognition when registering a new mobile phone number, as the government aims to curb scam attempts using illegally registered accounts.The country’s three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus — along with mobile virtual network operators, will be required to follow the procedure in both in-person and remote settings under the new policy, which is …