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The Korea Herald

Tech

June 02, 2024
Naver Webtoon eyes $4b Nasdaq listing

Naver Webtoon, also known as Webtoon Entertainment in the US, has kicked off the initial public offering process, as it filed a registration statement with the US Securities Exchange Commission for listing on the Nasdaq market. Despite the unsettled atmosphere within Naver due to recent controvers...
June 02, 2024
[Herald Interview] Korea’s space sector should strive for ‘balanced portfolio’

The Korea AeroSpace Administration, the government’s new space body, officially began operations last week with the hope of vaulting the country into the category of the top five space leaders across the globe. Steve Chien, a longtime artificial intelligence expert at the US National Aeronautics a...
May 30, 2024
Nvidia dethrones Tesla as Korea's top stock pick

US chip giant Nvidia has become South Korea's most-owned foreign stock, replacing Tesla in the top spot after four years. As of Thursday, South Koreans held a combined $11.07 billion worth of Nvidia stocks, according to the Korea Securities Depository's securities information portal. This figure ...
May 30, 2024
Samsung's new semiconductor chief urges collective efforts to stay atop

Jun Young-hyun, the new head of Samsung Electronics’ semiconductor business, called Thursday for unity among management and employees to retain its leadership in the ever-evolving chip industry. “Samsung’s semiconductor business has 50 years of history and has maintained the No. 1 position in m...
May 29, 2024
Corning eyes leadership in glass substrate market for chips

Corning is looking to expand its presence in the burgeoning glass substrate market for semiconductors, using its special proprietary technologies, the company's president in charge of Korea operation said Wednesday. Speaking at his first press conference here after assuming his role as the preside...
May 28, 2024
SK C&C, Hana team up to develop smart battery plant machines

SK Inc. C&C, an IT solutions unit of SK Group, said Tuesday that it inked a memorandum of understanding to jointly develop plant machines tailored for secondary battery manufacturing with Hana Technology, a local equipment maker, eyeing exports to North America and Europe. Hana’s key equipment wi...
May 23, 2024
LG, UNESCO to develop online education course on AI ethics

LG AI Research, LG Group’s artificial intelligence think tank, said Wednesday that it has inked a strategic partnership with UNESCO to develop an education course on AI ethics. The partnership, signed on the sidelines of this week’s AI Seoul Summit, LG and UNCESO agreed to convene an advisory gr...
May 22, 2024
Global leaders vow to promote safe, inclusive AI at Seoul summit

Leaders of major global powers on Tuesday adopted a declaration pledging to promote safe, innovative and inclusive artificial intelligence amid the fast-evolving tech environment. The “Seoul Declaration” was adopted during a virtual leaders' session of the AI Seoul Summit, co-hosted by President...
May 21, 2024
K-water boasts 'super-gap' technoloiges at World Water Forum

Korea Water Resources Corp., or K-water, said Tuesday that it presented three "super gap" technologies the agency has developed to tackle water issues at the 10th World Water Forum in Bali, Indonesia. The technologies include digital twin technology for water management, AI-based water purificatio...
May 20, 2024
XR partnership between LG, Meta falls through

The partnership between LG Electronics and Meta for developing an extended reality device has fallen through, as their joint work turned out to be “less-than-anticipated,” according to industry sources Monday. LG Electronics is still expected to launch its XR device next year as planned, and wil...
May 19, 2024
Samsung eyes W1tr in sales of pricey capacitors for cars

Samsung-Electro Mechanics, a leading electronic parts maker affiliated with Samsung Electronics, has set a sales goal of 1 trillion won ($736 million) for its flagship Multi-Layer Ceramic Capacitor or MLCC products this year, strategically targeting the automotive sector. "Leveraging our technolog...
May 19, 2024
Samsung expected to introduce new Exynos processor in next Galaxy series

Samsung Electronics is expected to introduce its new flagship Exynos 2500 mobile processor made with its cutting-edge 3-nanometer process, in the upcoming Galaxy S25 smartphone lineup, according to industry sources on Friday. The envisioned chipset, which will be produced on Samsung Foundry’s sec...
May 16, 2024
LG Electronics strengthens medical robot services

LG Electronics joined hands Hanllym University Sacred Heart Hospital as part of its effort to strengthen medical robot services with its “affectionate intelligence” robot, Cloi, the company said on Wednesday. In an agreement, LG and the hospital agreed to collaborate to discover various scenario...
May 14, 2024
[KH Explains] Naver’s Line dilemma: Lose global footing for cash?

Regardless of the ongoing diplomatic brouhaha, many industry watchers expect Naver to divest its stake in the 50:50 joint venture with SoftBank that controls the Line messenger app and Yahoo Japan. The issue is how much cash it could secure from the stake sale and its business impact in the future...
May 13, 2024
Samsung doubles down on Vietnam

Samsung Electronics has pledged to increase its annual spending in Vietnam to $1 billion as the Southeast Asian country emerges as a strategic base for manufacturing in the region. According to industry sources on Monday, Samsung Electronics Chief Financial Officer Park Hark-kyu on Thursday met wi...

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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
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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