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Samsung Electronics President and mobile business chief Roh Tae-moon and Google Senior Vice President Rick Osterloh, who oversees the company’s platforms and devices team, met in Seoul on Thursday and discussed ways to strengthen their partnership on artificial intelligence. After a meeting with ...
SK hynix, the world's second-largest memory chip maker, said Thursday it has returned to profit, thanks to its leadership in advanced memory chips critical to generative artificial intelligence tools, recovering from a long slump in the memory market. The company reported a quarterly operating inc...
Kakao Mobility, the operator of South Korea's leading taxi-hailing service Kakao T, said Thursday it will introduce a new membership category with cheaper commissions for its taxi drivers. Starting from June, the new plan will require 2.8 percent commission from its drivers, compared with the curr...
SK hynix said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing. The world's second-largest memory chipmaker posted an operating profit of 2.88 trillion won ($2.09 bil...
SK hynix, the world's second-largest memory chip maker, said Wednesday it will expand the production capacity of next-generation DRAM, including High Bandwidth Memory, which is critical to generative artificial intelligence tools, in response to rapidly increasing demand for AI chips. The decision...
South Korea launched its first homegrown earth observation nanosatellite into orbit as part of the country’s project to create a satellite constellation by 2027, the Science Ministry said Wednesday. The Earth observation satellite, named NEONSAT-1, lifted off aboard Rocket Lab's Electron rocket f...
LG Energy Solution announced new stringent policies Wednesday to address rampant patent infringements by what it describes as "patent free-riders." The nation's top battery maker plans to enforce its intellectual property through legal actions and promote equitable competition by contributing to a...
South Korea’s military is considering a comprehensive ban on iPhones in military buildings due to increasing concerns about possible leaks of sensitive information through voice recordings, according to multiple military sources on Tuesday. The sources, a group of ranking officers who wished to s...
South Korean IT solutions provider LG CNS said Tuesday it has been named as the services partner of the year for the second consecutive year at the 2024 Google Cloud Partner Awards. The annual awards recognize the standout performance of both global and regional companies across 14 categories, inc...
Samsung SDI is exhibiting its next-generation "super-gap" battery technologies, including all-solid-state batteries and ultra-fast charging solutions, at the 37th Electric Vehicle Symposium & Exposition in Seoul from Tuesday, where it plans to show its ongoing progress in achieving future commercia...
By Jie Ye-eun ( yeeun@heraldcorp.com ) The Korea Herald
Investors of the two Korean chip makers – Samsung Electronics and SK hynix -- dumped their shares Monday after Nvidia, the US chip giant, lost almost 10 percent Friday -- its worst day since March 2020. Market heavyweight Samsung Electronics and its chip rival SK hynix opened weaker in the day co...
LG Innotek has clinched a silver Edison Award for its ultra-thin optical telephoto zoom camera module for smartphones, marking its second consecutive Edison win, the company said Sunday. The module, which allows for 3x to 5x magnification, brings what the company describes as near-DSLR-quality opt...
SK hynix is joining hands with TSMC, the world’s top foundry, to develop High Bandwidth Memory 4 and cutting-edge packaging technology, the company said on Friday. Under the partnership agreement, the two sides plan to proceed with the development of HBM4, the sixth-generation model of the advanc...
South Korean IT solutions provider LG CNS announced Friday that it has partnered with Yonsei University to establish a new Master's degree program dedicated to nurturing intelligent data and optimization specialists. During the signing ceremony on Thursday, LG CNS Chief Executive Officer Hyun Shin...
Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation
Samsung mobile chief, Google device head meet in Seoul
Posco Future M, Honda to launch battery materials venture in Canada
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
Experts raise concerns about Japan putting pressure on Naver over Line
SK hynix profits soar on AI chip boom