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The Korea Herald

Tech

April 18, 2024
LG Electronics-SM Entertainment JV, Fitness Candy, to be liquidated

Fitness Candy, a fitness tech joint venture between South Korean tech giant LG Electronics and K-pop powerhouse SM Entertainment, said Thursday it will be liquidated some two years after its creation. The decision came after its shareholders approved the dissolution of the company and the beginnin...
April 17, 2024
Samsung develops fastest DRAM chip optimzied for ondevice AI

By Jo He-rim ( herim@heraldcorp.com ) The Korea Herald
April 17, 2024
LG sets W1tr sales goal for built-in appliances by 2027

LG Electronics unveiled the ambitious target of 1 trillion won ($722 million) in sales solely from built-in appliances by 2027 at this year’s Milan Design Week, one of the largest international design and furniture exhibitions. “Within three years, we will be able to make our built-in (appliance...
April 17, 2024
Samsung CEO bets big on connectivity to take on Apple

Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said its home appliance division, backed by enhanced connectivity with mobile devices, will enjoy its heyday in the second half of this year, showing confidence in the competition with its powerful rival Apple. “We may not yet be the No. 1...
April 17, 2024
Samsung Electronics develops industry-first LPDDR5X DRAM

Samsung Electronics, the world's largest memory chipmaker, said Wednesday it has developed the industry's first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications. The new chip supports the industry's highest performance of up to 10.7 gigabits-per-se...
April 17, 2024
World IT Show 2024 kicks off in Seoul

World IT Show 2024, the largest information and communications technology exhibition in South Korea, kicked off Wednesday in Seoul to showcase cutting-edge technologies of local and global companies, its organizer said. The three-day event is themed on "Innovation in everyday life, created by arti...
April 16, 2024
Line Next redefines digital market in Web3 era

On Dosi, however, digital products are grouped into specific categories that are most in-demand by users, including limited-edition memberships, special discounts, game items, exclusive content and access to private events related to the arts, sports and entertainment. Users can make mobile paymen...
April 16, 2024
SK hynix sees 30% surge in market cap in Q1

South Korea’s total market cap increased by nearly 100 trillion won ($72 billion) during the first quarter of this year, backed by jumps in stock prices in key industries, including semiconductors, data showed Tuesday. According to a report from local corporate tracker Korea CXO Institute, the co...
April 16, 2024
SK Group emerges as second-most-valuable conglomerate

SK Group, South Korea's chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK Group's emergence was helped by a sharp increase in the value of its chip-making affili...
April 16, 2024
Samsung Electronics set to expand chips supply chain after $6.4b US grants

Samsung Electronics is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of $6.4 billion from the US government and its extended investment plan. Under the Biden Administration's announcement, the South Korean c...
April 16, 2024
US confirms $6.4 billion chip subsidy for Samsung

The US government announced Monday that it will award up to $6.4 billion to Samsung Electronics for its chip fabrication facilities in Taylor, Texas. "The return of leading-edge chip manufacturing to America is a major new chapter in our semiconductor industry," said White House National Economic ...
April 15, 2024
Samsung, LG showcase built-in lineup at Milan Design Week

LG Electronics is targeting the European built-in appliance market with premium design and AI features at its 483-square-meter booth, decorated under the concept of a food lifestyle magazine. According to the company, the booth consists of three different areas. The main kitchen zone displays the ...
April 15, 2024
LG Uplus chief lures AI talent in Silicon Valley

LG Uplus CEO Hwang Hyeon-sik traveled to Silicon Valley and hosted a special event to lure young talents in the field of artificial intelligence, the telecom carrier said Monday. Hwang hosted the “2024 LG Uplus AI Visionaries Summit" at the Four Seasons Hotel Silicon Valley in San Francisco on Sa...
April 12, 2024
Kakao joins AI Alliance, promotes safe, responsible AI

By Jo He-rim ( herim@heraldcorp.com ) The Korea Herald
April 12, 2024
Kakao becomes 1st S. Korean firm to join global open-source AI Alliance

Kakao said Friday it has joined a global consortium that promotes open-source artificial intelligence (AI) research and development, becoming the first South Korean corporate member of the initiative. Kakao said it is the first South Korean firm to join the AI Alliance led by global tech giants IB...

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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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