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.”
The Military Mutual Aid Association, the Employment Insurance Fund and an unidentified South Korean institutional investor have committed a total of $110 million to LaSalle Investment Management’s 804 million-pound ($1 billion) debt fund focusing on the UK and western Europe.&hellip
Private equity firm KKR & Co. and the Public Officials Benefit Association (POBA) have put two commercial buildings in South Korea up for sale separately, in transactions expected to fetch a combined $1 billion and in what would be KKR’s&hellip
The Public Officials Benefit Association (POBA) will select two to three US private debt fund houses to make senior secured, direct lending of around $150 million to US mid-market companies with sales of $50 million to $1 billion. The amount&hellip