AI media technology.
Scope
Date
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Tech, Media & Telecom
SK Telecom, Singtel partner for next-gen network tech
South Korea's SK Telecom Co. said on Monday that it signed a memorandum of understanding (MOU) with Singapore Telecommunications (Singtel) to collab...
Jul 08, 2024 (Gmt+09:00)
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Earnings
Samsung’s Q2 profit soars on AI chips; second-half outlook rosy
South Korean tech giant Samsung Electronics Co. on Friday flagged a more than 15-fold increase in its second-quarter operating profit as the artific...
Jul 05, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Liner launches beta service for Academic Mode AI Search
South Korea's generative AI startup Liner announced on Thursday that it launched a beta service of Academic Mode AI Search, which provides answers b...
Jul 04, 2024 (Gmt+09:00)
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Leadership & Management
AI to drive Mirae Asset's next-phase growth: chairman
Mirae Asset Group is a pioneer in South Korea’s mutual fund industry. It launched the country’s first equity mutual fund in the wake of ...
Jul 03, 2024 (Gmt+09:00)
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Mergers & Acquisitions
LG Electronics acquires Athom to facilitate AI smart home push
South Korea’s home appliance giant LG Electronics Inc. said on Wednesday it has acquired Athom B.V., a Netherlands-based home automation compa...
Jul 03, 2024 (Gmt+09:00)
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Artificial intelligence
AI plagiarism detection startup Muhayu eyes IPO in 2026
South Korean artificial intelligence (AI) startup Muhayu hired Mirae Asset Securities as the lead manager for its initial public offering (IPO) targ...
Jul 03, 2024 (Gmt+09:00)
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Artificial intelligence
Korea's LG Uplus aims for $1.4 bn in B2B AI sales by 2028
South Korea’s leading mobile carrier LG Uplus Corp., which is set to unveil its first artificial intelligence chip by the end of this year, ai...
Jul 02, 2024 (Gmt+09:00)
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Electronics
Solus to supply copper foil for AI accelerators to Nvidia
Solus Advanced Materials, a South Korean copper foil supplier, will provide copper foil for AI accelerators to Nvidia, a leading company in artifici...
Jul 01, 2024 (Gmt+09:00)
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Corporate investment
SK Group, led by SK Hynix, to invest $77 billion in AI, chips
SK Group, South Korea’s second-largest conglomerate after Samsung, is investing 106.4 trillion won ($77 billion) in artificial intelligence an...
Jul 01, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops SSD for AI PCs to be mass-produced this year
South Korea’s SK Hynix Inc. introduced a solid-state drive (SSD) for on-device artificial intelligence PCs for mass production this year, to e...
Jun 28, 2024 (Gmt+09:00)
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Artificial intelligence
Upstage, Amazon to cooperate on AI solutions
Upstage, South Korea’s artificial intelligence startup, announced on Thursday that it signed a multi-year strategic collaboration agreement (S...
Jun 28, 2024 (Gmt+09:00)
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Artificial intelligence
LG unveils Google’s generative AI-powered robot CLOi
LG Electronics Inc. on Thursday unveiled its service robot CLOi GuideBot powered by Google’s multimodal AI model Gemini to foray into the gene...
Jun 27, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, KB Kookmin Card launch IoT credit card
Samsung Electronics Co. announced on Thursday it launched an Internet of Things (IoT) credit card in collaboration with KB Kookmin Card. The card us...
Jun 27, 2024 (Gmt+09:00)
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Corporate restructuring
SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk
SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell a major asset of it...
Jun 25, 2024 (Gmt+09:00)
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Artificial intelligence
LG Uplus launches generative AI ixi-GEN
South Korean major mobile carrier LG Uplus Corp. officially launched its generative artificial intelligence model ixi-GEN on Tuesday, joining its bi...
Jun 25, 2024 (Gmt+09:00)
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Bio & Pharma
JLK gets FDA OK for prostate cancer diagnosis AI solution
South Korea’s JLK Inc., an AI-based diagnosis solution and platform maker, announced on Monday that it got approval from the US Food and Drug ...
Jun 25, 2024 (Gmt+09:00)
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Korean chipmakers
Booming AI industry boosts chip packaging equipment makers
Global chip packaging equipment manufacturers are enjoying surging demand and skyrocketing share prices thanks to the rapid growth of the artificial...
Jun 24, 2024 (Gmt+09:00)
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Electronics
LG Display bets big on Tandem OLED in AI computing era
LG Display Co., the world’s top organic light-emitting diode (OLED) TV panel maker, is raising the stakes in Tandem OLED technology to stay ah...
Jun 24, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT to make AI, media-focused reshuffle in July
KT Corp., South Korea’s largest telecom service provider, is slated for an organizational reshuffle next month to reinforce its business-to-bu...
Jun 21, 2024 (Gmt+09:00)
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Batteries
EcoPro BM in talks to produce sodium-ion battery cathodes
MUNICH, Germany – EcoPro BM Co., a South Korean cathode material producer, is in close discussion with a domestic carmaker to produce cathode ...
Jun 20, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...
Jun 20, 2024 (Gmt+09:00)
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Executive reshuffles
Shinsegae hires Alibaba Korea head to lead online mall Gmarket
Shinsegae Group, South Korea’s retail giant, on Wednesday launched sweeping top-level management overhauls for Gmarket Inc. and SSG.COM. to ti...
Jun 19, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS gets AWS Generative AI Competency
LG CNS Co., a cloud computing services arm of South Korea's LG Corp., announced on Wednesday that it achieved the AWS Generative AI Competency from ...
Jun 19, 2024 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem unveils 4th-gen unmanned military vehicle, HR-Sherpa
South Korea's Hyundai Rotem Co. unveiled the 4th generation HR-Sherpa, a multipurpose unmanned vehicle designed for military operations.The latest H...
Jun 19, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Kolmar Korea develops AI tech for diagnosing alopecia
Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, announced on Tuesday that it developed artificial intelligence (AI) techno...
Jun 18, 2024 (Gmt+09:00)
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Bio & Pharma
Noul, CDC to start Malaria diagnosis project in Kenya
South Korea's Noul Co., an in-vitro diagnostics maker and artificial intelligence (AI)-based blood and cancer diagnostic platforms company, said o...
Jun 18, 2024 (Gmt+09:00)
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Electronics
Samsung, SNU to open AI Joint Research Center
Samsung Electronics Co. announced on Monday that it signed a memorandum of understanding (MOU) with Seoul National University (SNU) to establish an ...
Jun 17, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s SK Telecom, Moloco join hands for AI ad platform
SK Telecom Co., South Korea’s top mobile carrier, has teamed up with Moloco Inc., a Silicon Valley-based ad-tech solution startup, for the glo...
Jun 17, 2024 (Gmt+09:00)
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Electronics
LG Display introduces proprietary GenAI in office
LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, announced on Monday that it developed and intr...
Jun 17, 2024 (Gmt+09:00)
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Korean startups
Korean IT firms prefer engineers with business capabilities
More South Korean information technology companies are seeking engineers with business capabilities as artificial intelligence is expected to take o...
Jun 17, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand