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The Korea Herald

Mobile & Internet

October 22, 2024
Chung’s decade-long AI venture takes Hyundai Card to whole new level

Ten years and over a trillion won in investment — an extraordinary commitment to technology that few local finance companies can match. Hyundai Card Vice Chairman and CEO Chung Tae-young has shown that this massive bet was not a gamble but a visionary investment positioning the company for the ne...
October 22, 2024
Kumho Tire launches digital twin system in R&D push

South Korean tiremaker Kumho Tire announced Tuesday that it has officially launched its tire digital twin system, marking a major step in the company’s efforts to digitalize its tire development process. Shifting from traditional physical testing to virtual tire development, Kumho Tire said the n...
October 22, 2024
Kakao’s AI service Kanana aims for ‘next KakaoTalk’

South Korean IT giant Kakao on Tuesday unveiled its new conversational artificial intelligence service Kanana at the annual developers conference dubbed "if kakaoAI 2024." “Kakao’s key competitive advantage lies in connecting relationships and in the era of generative AI. We aim to offer hyper-p...
October 18, 2024
Naver’s AI research recognized at global natural language processing conference

South Korean internet giant Naver announced Friday that a number of its research papers have been accepted at the annual Empirical Methods in Natural Language Processing, one of the world’s leading natural language processing conferences, amidst the company’s ongoing efforts to advance AI-driven ...
October 16, 2024
KB Kookmin Bank to launch ‘Starbucks Account’ for coffee aficionados

KB Kookmin Bank and Starbucks Korea on Wednesday announced a partnership to launch a bank account product exclusively for local devotees of the US coffee chain. Set for launch in early 2025, the new partnership will introduce the first-ever "Starbucks Account," a savings account tailored to Starbu...
October 14, 2024
Large-scale restructuring looms at KT

South Korean telecom carrier KT is reportedly set to carry out an organizational revamp focused on artificial intelligence while elevating profitability and efficiency, according to industry sources Monday. KT plans to hold a board meeting on Tuesday, with organizational restructuring and personne...
October 10, 2024
KT, Microsoft to debut Hangeul AI language model next year

South Korean mobile carrier KT Corp. said Thursday it will team up with US tech giant Microsoft to develop a new artificial intelligence model tailored to the Korean language and culture within the first half of next year. KT CEO Kim Young-shub presented its vision at the event and announced the g...
October 10, 2024
Will K bank make W5tr jackpot debut?

Korea's first internet-only bank, K bank, is preparing for its upcoming initial public offering, with demand forecasting kicking off Thursday. According to its securities registration filing, K bank started a weeklong demand forecast from institutional investors on Thursday. This process allows in...
October 04, 2024
HD Hyundai's hydrogen engine wins top award at H2 MEET

HD Hyundai Infracore's hydrogen engine HX12 has won the top award at a global hydrogen exhibition, H2 MEET 2024, the Korea Automobile Journalists Association announced Friday. Journalists from the KAJA's 58 press members visited H2 MEET at Kintex in Gyeonggi Province from Sept. 25 to 27, to assess...
October 04, 2024
Coupang’s one-day luxury delivery service rebrands as R.LUX

South Korean e-commerce giant Coupang said Wednesday that it has rebranded its one-day delivery service for premium beauty products as R.LUX, introducing a dedicated app to enhance user experience. Initially launched as Rocket Luxury in July 2023 as part of Coupang’s strategy to expand into the p...
October 02, 2024
Zyx Technology eyes SE Asia expansion with cutting-edge design software

South Korean design software developer Zyx Technology unveiled its latest products at Automation World Vietnam 2024 held in Ho Chi Minh City, in an effort to expand its business in Southeast Asia, the company said Wednesday. At the event, Zyx Technology introduced its flagship products: its genera...
October 02, 2024
[Gadget Review] Apple's new iPhone 16 Pro: Professional camera phone

Apple’s latest flagship smartphone series -- the iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max -- debuted in Korea on Sept. 20 as the US tech giant included the country among the first regions for its newest phones’ launch. Since the first iPhone debuted here in 2009, it marks t...
October 02, 2024
KT chief vows to secure AI leadership

Telecom carriers can further expand their roles in the era of artificial intelligence as they hold the lead in offering diverse services, KT CEO Kim Young-shub said at a mobile conference in Seoul on Tuesday, saying collaboration with tech rivals is crucial to boost service quality. "AI-based serv...
September 30, 2024
Naver to cancel W400b of treasury shares to prop up value

South Korean portal giant Naver announced Monday it will buy back and cancel shares worth 400 billion won ($306 million) by the end of the year to boost its declining stock value. The latest measure will be separate from the ongoing shareholder return policy the company introduced in 2023, spannin...
September 30, 2024
Kakao to unveil Nvidia partnership at conference next month

South Korean IT giant Kakao will unveil its new artificial intelligence service Kanana at the upcoming developers conference next month, the company said Monday. Holding the annual event dubbed "if kakaoAI 2024" from Oct. 22-24, the company will also announce its AI partnership with Nvidia, the le...

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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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