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The Korea Herald

Tech

April 04, 2024
AI technology company Dabeeo wins fund from major defense investors

Spatial information firm Dabeeo has been selected for investment by Defense Innovation Technology Investment Consortium No. 1, South Korean fund for fostering future defense technology. The fund is formed by the Military Mutual Aid Association, IBK Capital, and LIG Nex1, a leading South Korean def...
April 04, 2024
SK hynix to invest $3.87b to build packaging facility in US

South Korean chipmaker SK hynix said Thursday it will invest $3.87 billion to build an advanced packaging fabrication and R&D facility in the United States amid intensifying competition in the high-performance artificial intelligence (AI) memory semiconductor sector. The new facility, located in W...
April 03, 2024
Samsung Electronics to release new products globally at same time

Samsung Electronics on Wednesday unveiled its latest lineup of home appliance innovations with the global launch of its artificial intelligence (AI)-powered products in a bid to offer synchronizing consumer experiences worldwide. At a press conference in Seoul, the tech giant unveiled its latest B...
April 03, 2024
Regulator, Naver agree to cooperate on digitalization of financial inspection

The financial regulator and Naver, the top online portal operator, signed an agreement Wednesday on cooperation for the digitalization of the financial sector. Under the memorandum of understanding, the Financial Supervisory Service (FSS) will seek to utilize Naver's latest information technology,...
April 02, 2024
Korea urged to step up incentives for chipmakers

As governments around the world fiercely compete to boost their semiconductor industries by distributing large subsidies, South Korea is pointed out as falling behind other chip powerhouses, raising concerns about the gap widening in the future. On Tuesday, the Japanese Ministry of Economy, Trade ...
April 01, 2024
Samsung CEO vows High Bandwidth Memory leadership

Memory chip aside, Samsung also runs foundry and logic chip design businesses and aims to become the world's top memory chipmaker by 2027. "Clients’ interest is also growing in the Mach-1, which is used for AI inference. Some clients want to use Mach for applications with over 1 trillion paramete...
March 29, 2024
Samsung opens AI TV experience zone in Singapore Changi Airport

Starting with Singapore, Samsung plans to make a sales push on AI TVs in the Southeast Asia and Oceania markets, the company said. “Based on our technologies that have led the global TV market for 18 years in a row, we aim to provide the best TV viewing and connection experience to more consumers...
March 28, 2024
First female CEO takes helm at Kakao

Korean IT giant Kakao on Thursday appointed Chung Shin-a as its first female, chief while it is facing urgent challenges in revamping its corporate culture and management. The announcement was made as she gained a nod from shareholders during the annual meeting and a separate approval from the boa...
March 28, 2024
SKT marks 40th anniversary with new emblem

Marking the 40th anniversary of its founding, SK Telecom, South Korea's largest wireless carrier by the number of accounts, promised to transform into a global artificial intelligence company, Thursday. The mobile carrier, first established in March 1984 under the name, Korea Mobile Telecommunicat...
March 27, 2024
SK hynix aims to boost profits with advanced HBM chips

For the company's NAND memory chip business, SK hynix will change its strategy from focusing on market share to improving profitability this year. On the company's plan to build an advanced chip packaging facility in the US, Kwak said it is reviewing several regions, but nothing has been decided y...
March 27, 2024
LG Group to funnel W100tr into future tech, growth drivers by 2028

LG Group said Wednesday it will invest 100 trillion won ($74.4 billion) in South Korea by 2028 to sharpen future technologies and seek new growth drivers. Unveiled at the group's annual shareholders meeting in Seoul, the long- and mid-term investment plan places an emphasis on advancing future tec...
March 26, 2024
LG CEO vows to elevate shareholder benefits

LG Electronics Chief Executive Officer Cho Joo-wan vowed "winning" changes and growth to overcome continuing uncertainties in the business environment at the regular shareholders meeting on Tuesday. Organizing this year's shareholders event under the concept of "openness," the chief came to presen...
March 26, 2024
LG Electronics to increase dividend payout ratio

South Korea's major appliances company LG Electronics said Tuesday it will pay out more dividends to its shareholders in a move to increase shareholder value. At an annual shareholders' meeting in Seoul, CEO Cho Joo-wan announced a new shareholder return policy for the next three years, improving ...
March 25, 2024
How TV remote button shortcuts for streamers have led to major profit for Samsung, LG

From the red and blue shortcut buttons with Netflix and Disney+ logos to fancier features and operating systems, Samsung Electronics and LG Electronics, the world’s top two TV makers, are pouring resources into content, not just hardware itself, to elevate profits. Remote control devices have bec...
March 25, 2024
Competition heats up in HBM market as Nvidia endorses Samsung chip

In order to secure an edge, Samsung announced it has developed 12-stack HBM3E, with the industry’s largest capacity of 36 gigabytes, and said it plans to start volume production in the first half of this year. The chip giant also confirmed it is in preparation of mass producing the eight-stack HBM...

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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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