LG Electronics Enters Smart Factory Market with $725 Million Sales Goal by 2030
LG Electronics has ventured into the smart factory solution market, aiming to generate over 1 trillion South Korean won (approximately...
EV Battery Maker SK On Declares ‘Emergency Management: FT
The electric vehicle (EV) battery manufacturer SK On has declared a state of crisis due to disappointing EV sales in...
Reviving Operations: SK Group’s $75 Billion Investment in AI and Chips
SK Hynix, the world's second-largest memory chip maker, announced an investment of 103 trillion won ($74.6 billion) through 2028 to...
SK Telecom’s Metaverse Hotel Brings Fans Closer to K-pop Stars
South Korean mobile carrier SK Telecom has introduced a new K-pop fan community space on its metaverse platform, ifland. Conceptualized...
Intel and Naver Team Up to Counter Nvidia in AI Chip Market
Intel and Naver are reportedly joining forces to expand the software ecosystem for Intel's Gaudi AI accelerator, an open-source platform....
Tech Diplomacy: UAE President Sheikh Mohammed bin Zayed Al Nahyan Meets South Korean Business Leaders
United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan arrived in South Korea on Tuesday. His plane was welcomed...
Uncertainty Looms: Has LG and Meta’s XR Partnership Hit Roadblocks?
LG and Meta's partnership, announced in February to develop a next-gen extended reality (XR) headset, faces significant challenges. Recent reports...
Instagram Overtakes Naver in South Korea: Insights and Implications
Last month, industry data revealed that Instagram, a social media platform for sharing photos and videos, surpassed Naver, South Korea's...
Hyundai Invests Nearly $1 Billion in Motional for Autonomous Driving Future
Hyundai has announced around $1 billion in investment support for Motional, its autonomous driving joint venture with Aptiv PLC. This...
Samsung Boosts Chip Production Capabilities through Partnership with ZEISS Group
Samsung Electronics has partnered with ZEISS Group for the chip production technologies, aiming to enhance yields and boost performance in...
LG and Kakao Mobility Collaborate for Robot Last-Mile Delivery
Kakao Mobility Corp., a ride-hailing app operator in South Korea, is set to introduce an indoor robot delivery service in...
Seoul Hosts World IT Show 2024: A Showcase of AI Innovations
The Ministry of Science and ICT of South Korea has kickstarted the World IT Show 2024, the country's largest ICT...
LG Energy Solution Rises to Second Place in Global EV Battery Rankings
In January and February, South Korea's LG Energy Solution emerged as the world's second-largest battery supplier for automobiles, surpassing China's...
Samsung Explores Generative AI Upgrade for Bixby: Enhancing Device Functionality
According to reports from CNBC, Samsung Electronics is exploring the integration of generative artificial intelligence (AI) technology into its voice...
Hyundai Motor Group’s $51 Billion Investment: Accelerating Electric Vehicle Innovation
Hyundai Motor Group announced an investment of 68 trillion won ($51 billion) over three years to support its plans in...
SK Hynix To Launch of Next-Generation HBM3E DRAM Chips
SK Hynix, the world's second-largest producer of memory chips, announced on Tuesday the commencement of mass production for its latest...
Samsung Display CEO Charts Korea’s Path to Global Display Market Dominance by 2027
Samsung Display CEO Choi Joo-sun has expressed confidence that Korea will regain its position as the top player in the...
Samsung Joins Global AI-RAN Alliance to Spearhead 6G Technology
Samsung Electronics, along with global tech giants including Nvidia, Arm, and Microsoft, has joined forces to advance 6G technology. The...
South Korean Telcos Set to Unveil AI Breakthroughs at MWC 2024
South Korea's top telecommunications companies are gearing up to present their latest artificial intelligence (AI) technology advancements at the Mobile...
Samsung, Vodafone, and AMD Achieve First AMD-driven Open RAN Call
Samsung Electronics has Vodafone and AMD in the field of Open RAN technology. The three companies announced today the successful...
