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The Korea Herald

Tech

May 09, 2024
Korea projected to outpace Taiwan in chip production by 2032: US report

South Korea is projected to account for nearly 20 percent of global semiconductor production in 2032, reaching an all-time high in output, a US report showed on Thursday. Asia’s fourth-largest economy is predicted to take up 19 percent of global chip production eight years later, according to a r...
May 09, 2024
Pressure mounts on Naver to shed stake in Line

Takeshi Idezawa, CEO of the Tokyo-based LY Corp., the operator of the messaging app Line, said Wednesday that the company has requested its key shareholder Naver to sell stakes in an apparent move to cut the Korean firm’s control over its management. The decision comes as Naver is under growing p...
May 07, 2024
Will China's self-sufficient dream in HBM come true?

With the US imposing strict trade restrictions on China's advanced semiconductors and chipmaking equipment, Beijing has been ramping up efforts to develop home-grown artificial intelligence chips to keep up with the global AI boom. Recently, the Chinese government and chipmakers have been working ...
May 07, 2024
[KH Explains] Can tech firms' AI alliances take on Nvidia?

Tech firms have joined forces both domestically and globally to take on US chip giant Nvidia in the AI chip sector, which has enjoyed a near monopoly in the burgeoning market. An increasing number of global Big Tech companies are building their own AI ecosystems amid expectations for continuous gr...
May 07, 2024
LG CNS hosts contest for math optimization talents

LG CNS said Tuesday it will host a contest that targets talented individuals in the field of mathematical optimization for bundle deliveries. Co-organized with the Korean Institute of Industrial Engineers, Optimization Grand Challenge 2024 aims to nurture exceptional talents in mathematical optimi...
May 06, 2024
Samsung SDI boasts e-bike leadership at China Cycle

Samsung SDI said Monday that it is showcasing its latest battery products, including cylindrical batteries, at this week’s China Cycle 2024, one of the largest bicycle and motorcycle exhibitions that is marking its 32nd year. The four-day event kicked off Sunday in Shanghai, with some 1,700 busin...
May 06, 2024
Samsung mocks Apple over iPhone alarm glitch

Korean tech giant Samsung Electronics made a mockery of its rival Apple on social media last week, after some iPhone users came forward complaining that their alarms had failed to go off. In a post on Instagram, Samsung UK shared a dog meme alongside text that reads "Rest assured our alarms go off...
May 06, 2024
Chip up cycle won’t stay long: SK chief

The chairman of Korea's chip-to-battery conglomerate SK Group said the fate of semiconductor manufacturers will hinge on how smartly they can map out capital expenditure plans, as he believes the recent chip recovery would be short-lived. The earnings surprise that SK hynix, the group’s crown jew...
May 06, 2024
Naver will consider company benefits in deciding on selling Line shares: CEO

While the Japanese government is pressuring Naver to shed ownership in Line, the dominating messaging app in Japan, the Korean internet giant said it will make a decision based on the benefit of the company's business, the chief executive officer said Friday. During an earnings call, Naver CEO Cho...
May 02, 2024
Kakao’s SM takeover gets conditional green light

Korea’s antitrust regulator has approved IT giant Kakao’s acquisition of a 39.87 percent stake in SM Entertainment, the K-pop agency behind EXO, aespa and NCT, contingent upon the implementation of corrective measures. The Fair Trade Commission said Thursday that it imposed two forms of correcti...
May 02, 2024
'Our HBM chips are sold out until 2025': SK hynix CEO

SK hynix on Thursday said that its high-bandwidth memory chips have already sold out until 2025, boasting its leadership in the advanced memory chip market for artificial intelligence. "Demand for ultra-fast, high-capacity and low-power memory products for AI applications is expected to see explos...
May 02, 2024
LG Uplus to build hyper-scale data center in Paju

LG Uplus, one of the nation's top telecom carriers, said Wednesday it plans to build a large-scale data center in response to the growing demand for such facilities, largely driven by the widespread adoption of artificial intelligence and cloud servers across industries. To build the new data cent...
April 30, 2024
Samsung chip business back on track, logs W1.9tr operating profit in Q1

After logging losses for five consecutive quarters, Samsung Electronics' chip business returned to the black in the first quarter this year, thanks to rising demand for high-end chips and a surge in chip prices. In its earnings report for the January-March period on Tuesday, Samsung said its chip ...
April 30, 2024
Naver, Intel, KAIST join forces to set up AI lab in Korea

Naver, Intel and the Korea Advanced Institute of Science and Technology will set up a joint lab in Korea to lead the new global ecosystem for artificial intelligence semiconductors, KAIST announced Tuesday. The joint lab called NIK AI Research Center will be established on the KAIST campus in Daej...
April 30, 2024
SKT to launch telecom-specific LLM in June

After the domestic launch following its development in early June, the company looks to develop multiple LLMs and launch them in other languages globally by taking advantage of the Global Telco AI Alliance. The GTAA was launched by SK Telecom in Seoul in July last year to develop a telco-specific ...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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