MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end smartphones and other advanced electronics gadgets.Armed with artificial intelligence technology, however, Samsung is on an equal fo

POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the Korea National Oil Corporation (KNOC) on April 17. The two companies aim to jointly develop technologies for extracting key minerals su

SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while not planning to slow investment in the electric vehicle battery sector as its cell and materials units are expected to successfully emerge from the re

SILICON VALLEY – LG Uplus Corp., the third-largest mobile carrier in South Korea seeking to transform into a platform company, will expand its investments in artificial intelligence, including acquisition of an AI company and talent, this year, said its chief. “The company will ramp up investment in AI this year by 30 to 40% from last year and double its AI talent,” LG Uplus Chief Executive Officer Hwang Hyeon-sik told reporters