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The Korea Herald

Tech

April 11, 2024
Kakao Healthcare boosts partnership with Google

Kakao Healthcare, the digital health care unit under platform giant Kakao, announced Thursday that the company would boost its collaboration with Google to improve its cloud-based data platform. The announcement came after Kakao Healthcare CEO Hwang Hee shared the company's recent progress with He...
April 11, 2024
SK hynix exec pins high hopes on new US packaging plant

By Jie Ye-eun ( yeeun@heraldcorp.com ) The Korea Herald
April 11, 2024
Naver, Intel team up to counter Nvidia’s dominance in AI chips

"I can't wait to see what Naver and Intel can create for a new AI chip environment, and the innovations this will bring." Ha Jung-woo, head of AI Innovation at Naver Cloud, appeared on the stage to explain how Naver and Intel established a joint lab to expand the Gaudi software ecosystem. With In...
April 11, 2024
Samsung retains No. 1 spot in US home appliance market

Samsung Electronics retained its No. 1 spot in the US home appliance market for an eighth consecutive year, dating to 2016, thanks to strong sales of key household products including refrigerators and washers, industry data showed Wednesday. According to market tracker TraQline, Samsung notched a ...
April 09, 2024
Dethroned king of apps, KakaoTalk user numbers in decline

Mobile messenger KakaoTalk's once-overwhelming lead in the instant messaging industry in Korea has continued to falter, as a report Tuesday showed that the number of people regularly using the application has fallen to the lowest figure in 22 months. The monthly active users -- those who used a se...
April 09, 2024
Samsung hopes to shed Galaxy brand's ‘ajeossi phone’ reputation

Samsung Electronics is striving to shed the reputation of its flagship Galaxy smartphones as "ajeossi" phones among teens and users in their 20s, with short films starring popular TV celebrities. An "ajeossi" is an older married man or an uncle in Korean, but in this context, it implies a sense of...
April 09, 2024
Samsung to receive over $6b subsidy from US: report

Samsung Electronics is set to receive between $6 billion and $7 billion in grants from the US government next week as the Korean chipmaker looks to bolster its US production, Reuters reported Monday. According to the report citing anonymous sources, the subsidy from the Biden administration will b...
April 09, 2024
Number of KakaoTalk users falls below 45m for 1st time in 22 months

KakaoTalk, South Korea's leading mobile messenger, saw its number of users fall below 45 million for the first time in 22 months last month, data showed Tuesday. The application had 44.97 million monthly active users (MAUs) in March, down more than 221,000 from the previous month, according to the...
April 09, 2024
US unveils some $11.6b in grants, loans to TSMC

The US government announced a plan Monday to award Taiwan Semiconductor Manufacturing (TSMC) some $11.6 billion in grants and loans to support the chipmaker's investment for three fabrication plants in Arizona, as it strives to boost domestic semiconductor production. The Department of Commerce ha...
April 08, 2024
Samsung, SK boost investment to secure hefty chip subsidies in US

South Korean chipmakers Samsung Electronics and SK hynix have been boosting investment in the US to secure federal subsidies and get ahead in the intensifying competition in the advanced chip packaging and artificial intelligence chip sectors. Samsung Electronics, the world's top memory chipmaker ...
April 08, 2024
Taiwan quake may push up memory chip prices in Q2: analysts

The powerful earthquake that hit semiconductor powerhouse Taiwan last week may push up memory chip prices temporarily, as chipmakers there face operational disruptions, according to market watchers on Sunday. The earthquake, which struck off the east coast of island with a magnitude of 7.4 on Wedn...
April 05, 2024
LG Electronics expects Q1 profit to drop 11% despite robust sales

LG Electronics said Friday it expected its first-quarter operating earnings to decline more than 10 percent on-year despite the company strong overall sales of its home appliances. LG estimated that its operating profit for the January-March period came in at 1.33 trillion won ($983.2 million), do...
April 05, 2024
Samsung Electronics anticipates tenfold profit surge in Q1 amid chip market rebound

Samsung Electronics predicted a more than tenfold increase in its operating profit for the the January-March period, signaling a dramatic resurgence in its semiconductor business on rebounding demand for memory chips. Samsung’s first-quarter operating profit is estimated to hit 6.6 trillion won (...
April 04, 2024
SK hynix to build $3.87b chip packaging plant in Indiana

South Korean semiconductor powerhouse SK hynix said Thursday it will invest about $3.87 billion to build an advanced chip packing fabrication and research and development facility in West Lafayette, Indiana, amid intensifying global competition in the burgeoning artificial intelligence memory semic...
April 04, 2024
[Exclusive] Spelling errors raise doubts about new space agency's efforts to recruit foreign talent

The recruitment process for to hire foreign nationals for research and leadership positions at the agency began on March 14 and will end on April 15. According to the KASA preparatory office, there have been few foreign applicants so far. “In the previous recruitment process (for Korean national ...

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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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