new AI chapter
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Korean chipmakers
Chip winter looming? Micron, Samsung give opposite views
Micron Technology Inc. on Wednesday delivered stronger-than-expected quarterly results and gave a bullish outlook for the current quarter, shrugging...
Sep 26, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband unveils upgraded AI-powered IPTV service
SK Broadband Co., South Korea’s No. 2 internet service provider, has upgraded the voice command function of its internet protocol television (...
Sep 26, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix mass-produces 12-layer HBM3E for Q4 shipment
SK Hynix Inc. said on Thursday it has begun mass-producing the world’s first 12-layer HBM3E with a capacity of 36 gigabytes (GB) for shipment ...
Sep 26, 2024 (Gmt+09:00)
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Sovereign wealth funds
Korea Investment Corp. appoints Park Il Young as its new CEO
South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...
Sep 26, 2024 (Gmt+09:00)
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Korean games
Netmarble unveils teaser video for its new game ‘The King of Fighters’
Netmarble Corp. announced on Thursday that it premiered a teaser video for its new game “The King of Fighters (KOF) AFK” at the SNK boot...
Sep 26, 2024 (Gmt+09:00)
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Airlines
S.Korea’s T’way Air to introduce A330-900 Neo aircraft
T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...
Sep 26, 2024 (Gmt+09:00)
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Automobiles
Chabot Mobility raises $900,000 in Series C round
South Korea's automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a Series C inv...
Sep 25, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, KT win at Leading Lights Awards
SK Telecom Co. and KT Corp. received the Leading Lights Awards 2024. SK Telecom and KT were named winners of Outstanding Use Case: AI/Machine L...
Sep 25, 2024 (Gmt+09:00)
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Artificial intelligence
KT to develop AI tech to filter spam messages
South Korea's KT Corp. said on Tuesday it will work with the Korea Internet & Security Agency (KISA) to launch an artificial intelligence (AI)...
Sep 25, 2024 (Gmt+09:00)
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Artificial intelligence
LG Innotek develops AI for raw material inspection
LG Innotek, a leading South Korean electronics parts maker, said on Wednesday it developed an artificial intelligence (AI) system that can filter ou...
Sep 25, 2024 (Gmt+09:00)
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Korean stock market
KRX launches Korea Value-up Index featuring 100 best practice firms
South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank for the government...
Sep 25, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s CXL optimization software tool installed on Linux
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Monday the key features of its computer expr...
Sep 23, 2024 (Gmt+09:00)
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Artificial intelligence
Naver to set up Middle Eastern headquarters in Saudi Arabia
Naver Corp., which has been actively seeking to unlock opportunities in the Middle East with its new growth engines artificial intelligence, cloud a...
Sep 23, 2024 (Gmt+09:00)
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Batteries
Lotte Energy, Isu Petasys to co-work on HVLP copper foil supply
South Korea's Lotte Energy Materials Corp. said on Monday that it signed a memorandum of understanding (MOU) last Friday with Isu Petasys regardin...
Sep 23, 2024 (Gmt+09:00)
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Artificial intelligence
NCSOFT launches evaluation model to verify performance of AI LLMs
NCSOFT Corp. announced on Monday that it has launched VARCO Judge LLM, the first evaluation model in South Korea to verify the performance and capab...
Sep 23, 2024 (Gmt+09:00)
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K-pop
Aespa to release its new album ‘Whiplash’ in October
K-pop girl group aespa is aiming to follow up its hit song “Supernova” with a string of hits with its new album “Whiplash."Managem...
Sep 23, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix to participate in TSMC's OIP 2024
South Korean chipmaker SK Hynix Inc. will participate in the Open Innovation Platform (OIP) Ecosystem Forum hosted by Taiwan's TSMC, the world's lar...
Sep 20, 2024 (Gmt+09:00)
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Artificial intelligence
42Maru builds defense-specialized GenAI platform
42Maru, South Korea's generative AI and language AI startup said on Friday that it was selected as the lead organization for the Defense Technolog...
Sep 20, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities introduces AI assistant platform for its employees
South Korea's Mirae Asset Securities said on Friday that it introduced an artificial intelligence (AI) assistant platform to enhance company-wide op...
Sep 20, 2024 (Gmt+09:00)
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Leadership & Management
Samjong KPMG reappoints CEO Kim Kyo Tae for 4th term
Kim Kyo Tae on Friday was reappointed to a fourth term as chief executive of Samjong KPMG, announced the South Korean unit of the global audit and a...
Sep 20, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank opens branch for foreign customers in Pyeongtaek
South Korea's Hana Bank said on Thursday that it opened a branch for foreigners in Pyeongtaek.The Pyeongtaek Foreign Customer Center, located in Pye...
Sep 20, 2024 (Gmt+09:00)
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Corporate strategy
Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted
South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chines...
Sep 19, 2024 (Gmt+09:00)
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Korean stock market
Mirae Asset named as Best Securities House in S.Korea by Euromoney
Mirae Asset Securities announced on Thursday that it has been named “Best Securities House in South Korea” at the Euromoney Securities H...
Sep 19, 2024 (Gmt+09:00)
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Retail
Duty-free underdog Kyung Bok Kung outshines Lotte, Shilla
Kyung Bok Kung Duty-Free Co., a lesser-known travel retailer, has bucked the trend of South Korea's sluggish duty-free retail industry on a downward...
Sep 18, 2024 (Gmt+09:00)
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Automobiles
Hyundai, GM deepen ties to jointly develop cars
South Korea’s auto juggernaut Hyundai Motor Co. and US auto giant General Motors Co. will explore ways to jointly develop new vehicles and sou...
Sep 12, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung mass-produces QLC V9 NAND to lead AI storage market
Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it has begun mass production of a 286-layer high-capacity NAND...
Sep 12, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha teams up with Australian startup for space business
South Korea’s Hanwha Aerospace Co. has joined hands with Australian startup Gilmour Space Technologies in the space business, bolstering coope...
Sep 12, 2024 (Gmt+09:00)
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Artificial intelligence
OpenResearch gets $7.5 mn seed round
OpenResearch, an AI search service founded by former Kakao Brain CEO Kim Il-Doo, said on Thursday that it got a seed round 10 billion won ($7.5 mill...
Sep 12, 2024 (Gmt+09:00)
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Korean food
Pulmuone to boost K-food boom in China with gimbap
Leading South Korean food company Pulmuone Corp. is poised to crank up the K-food craze in China, the world’s second most populous country, wi...
Sep 12, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix unveils powerful data-center SSD to maintain AI memory lead
South Korean chipmaker SK Hynix Inc. on Wednesday unveiled a new solid-state drive (SSD) for data centers to expand its memory leadership in the AI ...
Sep 11, 2024 (Gmt+09:00)
Latest News
- 1 BMW Surpasses Mercedes in Sales – Imported Car Market 'Shake-Up'
- 2 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 3 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google