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.”
Mirae Asset Global Investments Co. Ltd. invested 54 billion won ($48 million) last week in mezzanine debt secured on two warehouses leased to FedEx Corporation on behalf of South Korean institutional investors, in its second investment in the logistics facilities&hellip
Hana Financial Group, the parent company of KEB Hana Bank, will acquire a shopping center building and its surrounding land in a small Japanese city in a deal worth around 50 billion won ($44 million), with a view to reselling&hellip
KEB Hana Bank, a leading South Korean lender, has arranged $300 million lease financing for an aircraft portfolio of Avolon, in the first financing arrangement by a South Korean bank for the Irish aircraft leasing firm, according to local newspaper reports.&hellip