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South Korean chipmaker SK hynix said Tuesday it has started mass production of the latest high band width memory (HBM) chips, solidifying its leadership position in the high-performance artificial intelligence (AI) memory semiconductor sector. It came seven months after the company announced the d...
A Korean research team has recently unveiled a bowl of pink rice, a new lab-made hybrid rice, which they say could offer a cheaper and more sustainable source of protein not just for those on a vegan diet, but also for countries still reeling from food crises. “The lab-made beef rice could hit su...
Samsung Electro-Mechanics is set to start mass production of “weatherproof” camera modules with cutting-edge water-repellent capabilities and heating features for cars this year, the company said Sunday. In the wake of growing demand for enhanced image quality in automotive assistance features a...
Korean internet giant Naver said Friday it would introduce a set of news service policies to enhance transparency and impartiality, with the intention of preventing defamatory media reports and strengthening measures againsts users who leave comments that violate election laws. To protect users wh...
The US Department of Commerce is poised to grant Samsung Electronics subsidies exceeding $6 billion, according to a news report Friday. “The US plans to award more than $6 billion to Samsung Electronics, helping the chipmaker expand beyond a project in Texas it has already announced,” Bloomberg ...
Thursday marked the second anniversary of Naver CEO Choi Soo-yeon taking office. Under the executive's leadership, the internet giant has enjoyed stable growth, setting annual earnings records two consecutive years. Naver logged an all-time high operating profit of 1.49 trillion won ($1.13 billion...
South Korea on Thursday began the official recruitment process for its new space body, Korea Aerospace Administration, or KASA, hoping to attract the best talent from in and outside the country. The government’s preparatory office for KASA held its first offline recruitment presentation in Sacheo...
TSMC, for instance, not only services Nvidia but also prominent tech giants such as Apple and Qualcomm, rendering its financial performance susceptible to numerous external factors. Apple's significant dependence on TSMC, constituting 25 percent of its revenue in the prior year, amplifies this vul...
The US has their own guidelines for the funding, and it is hard to predict whether Korean firms will be at an advantage or a disadvantage in their subsidies, the trade minister added. Intel, which is building a $20 billion facility in Ohio, undergoing a $20 billion expansion in Arizona and investi...
LG Electronics is making a strategic investment in Bear Robotics in the US in a move to expedite the advancement of its commercial service robotics, the company said Tuesday. The tech giant said it has executed a stock purchase agreement to acquire a stake in Bear Robotics, a prominent Silicon Val...
LG Electronics said Tuesday it has made a $60 million strategic investment in Silicon Valley-based startup Bear Robotics in a move to strengthen its business capabilities in the booming market of artificial intelligence-based service robots. Under a new stock purchase agreement, LG Electronics wil...
(3) Nvidia's strategic investment in Figure AI: Paving the way for next-generation robotics AI chips are revolutionizing the landscape of machine learning and computer vision, empowering robots to perceive and respond to their surroundings effectively. From collaborative robots aiding in agricultu...
LG Group said Monday that its artificial intelligence research lab is teaming up with US biomedical institution Jackson Laboratory to develop AI models that can be used to treat Alzheimer's disease and cancer. The new partnership comes after the two entities signed a memorandum of understanding in...
Samsung Electronics said Monday it would launch its latest Bespoke AI Combo, a combined washer and dryer powered by artificial intelligence, in global markets in the next few months. "Shipments to the US have already started for their launch later this month," Lee Moo-hyung, executive vice preside...
The state of Indiana has risen as one of the hottest investment destinations in the US for South Korean companies as of late, with Samsung SDI leading the pack by committing billions of dollars for joint battery plants there. Indiana is now hoping to expand the scope of collaboration with Korean p...
Samsung opens AI TV experience zone in Singapore Changi Airport
Daughter of late Samsung chairman becomes Samsung C&T president
Hana Financial teams up with Credit Agricole to expand presence in Europe
City Oil Field to export oil coverted from waste plastic to Vietnam
Baemin pays out W400b in dividends to Delivery Hero
Banks rush to cough up misselling compensation