As the world’s big two smartphone makers actively embrace the face recognition technology, the competition to get the upper hand in the area of biometric identification is expected to flare up further.
Officials at Samsung Electronics said on March 8, “We decided to have Galaxy S8 mounted with the face recognition function since iris recognition is limited in terms of accuracy and speed of recognition.” They noted, “If face recognition is added, it would contribute to unlocking the smartphone within 0.01 second.
Other sources said, “The development of face recognition technology for the software of the Galaxy S8 has already been completed.”
South Korean asset managers are joining hands with French property investment firms to buy prime commercial buildings in the Netherlands and Belgium as they are turning eyes to the Benelux region for higher returns, sending their real estate values to&hellip
Blackstone, Kuwait Investment Authority (KIA) and three property investment firms are vying for Sony Center in Berlin which South Korea’s National Pension Service (NPS) has put on the block in a transaction expected to fetch around €1.1 billion ($1.3 billion),&hellip
The Carlyle Group will consolidate its South Korean operations divided into buyout and growth capital units by combining them, after the three-men growth capital unit focusing on minority stake deals was believed to have lost one or two managers recently.&hellip