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South Korea to See Its Biggest OLED Exports in 2021 It is expected that South Korea’s OLED panel exports in 2021 will be the highest ever in the country’s history as supply of OLEDs has been increasing as many consumers around the world are purchasing TVs and IT devices due to creation of contact-free economies from the COVID-19 pandemic. Particularly, OLED is expected to be solidified as a vital item that is responsible for more than 70% of entire display exports of South Korea. Process of South Korea’s display industry withdrawing from LCD and transitioning towards new products with ...

Joy Drone Supplies Its AI-Based Patrol Drone to Korea Expressway Corporation Joy Drone (President Cho Hyeong-kyu) announced on Tuesday that the company supplied its AI-based highway patrol drones to Korea Expressway Corporation. Its patrol drones are able to patrol without being controlled by people and perform various tasks by flying over locations where it is difficult for people to patrol. The drone is able to find debris on a highway early and prevent a possible accident and fly over areas where there are constant traffic and accidents and monitor in real time. It is equipped with a 30...

NAMUTECH holds its ‘Smart DX Solution’ product suite launch at CES 2021 Jan 13, 2021 Smart DX Solution Key Image NAMUTECH, a cloud expert company in South Korea, launched its Smart DX Solution, a full-stack digital transformation product suite, on the 11th of January at CES 2021, the world's largest IT electronics show held from the 11th to 14th of January. With constant changes across all industry scenes, it is becoming essential for organizations to adopt the cloud, big data, AI, and smart city technologies. It is also a trend for many organizations to utilize multiple technologies si...

South Korea’s Semiconductor Industry Expected to See a Major Growth in 2021 It is expected that South Korea’s semiconductor exports will surpass $100 billion this year, which will be the second time ever for the country, and that South Korea will take back the top spot for amount of investments in semiconductor facilities from China and Taiwan after losing the spot two years ago. There will be strong demands for memory semiconductors, which are the main focus of Samsung Electronics and SK Hynix, as contactless economy continues to spread. Samsung Electronics’ foundry business will als...

South Korean Government to Ease Revaluation Standard for “Common Criteria Certification” Revaluation standard for common criteria (CC) certification are expected to be eased in South Korea in the upcoming year. The South Korean Government will also provide consulting for new security companies. According to the Ministry of Science and ICT (MSIT) on Tuesday, “CC Certification System Improvement Plan” based on above information is expected to be announced next month. The improvement plan will include specific plans that will solve issues that security companies currently face. “We c...