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Sat, February 4, 2023 | 10:57

Naver to roll out conversational AI service

Naver to roll out conversational AI service

Naver will release a conversational artificial intelligence (AI) service similar to ChatGPT within the first half of this year as part of the internet company's efforts to diversify its business portfolio, its CEO said, Friday. “We are preparing measures in response to new search trends such as generative AI,” Naver CEO Choi Soo-yeon told investors during a conference call on...

Baek Byung-yeul | 2023-02-03 16:57

SEMICON Korea defies chip industry downturn

SEMICON Korea defies chip industry downturn

SEMICON Korea, an annual semiconductor exhibition, has proven that the industry has unlimited growth potential despite currently being overshadowed by its worst-ever slump, as many industry officials and jobseekers filled the exhibition hall on Friday, the last day of the three-day event.

Baek Byung-yeul | 2023-02-03 15:43

Samsung unveils new Galaxy S23 smartphone

Samsung unveils new Galaxy S23 smartphone

Samsung Electronics unveiled the Galaxy S23 smartphone, Thursday, which offers enhanced camera functions and game playing experiences, reflecting the tech giant's intention to boost its presence in the premium smartphone market. The company held the Galaxy Unpacked event in San Francisco to introduce this year's flagship smartphones. It said the Galaxy S23 is available in thr...

Baek Byung-yeul | 2023-02-02 03:05

President pledges support for Korean chipmakers to overcome crisis

President pledges support for Korean chipmakers to overcome crisis

President Yoon Suk Yeol said Wednesday the government will make all-out efforts to help Korean chipmakers overcome the current down cycle, citing semiconductors as a “national security asset that underpins the economy.” “Semiconductors are the backbone of our economy and a national security asset,” Yoon said during his visit to an SK Siltron plant in Gumi, North Gyeongsang Pr...

Nam Hyun-woo | 2023-02-01 16:56

SK hynix reaffirms 50% cut in investments after $1.4 billion loss in Q4 2022

SK hynix reaffirms 50% cut in investments after $1.4 billion loss in Q4 2022

SK hynix reaffirms 50% cut in investments after $1.4 billion loss in Q4 2022

SK hynix suffered its first quarterly operating loss in 10 years, reiterating that the size of its annual investment will be halved this year compared to last year. During Wednesday's conference call on its fourth-quarter earnings, the chipmaker attributed its performance to falling global memory chip demand and declining product prices leading to its quarterly operating loss...

Park Jae-hyuk | 2023-02-01 14:57

President pledges support for Korean chipmakers to overcome crisis

Space industry takes off in South Jeolla Province

Space industry takes off in South Jeolla Province

June 21, 2022, marks the turning point for Korea's space industry. The KSLV-2, better known as the Nuri, is a Korean-made three-stage launch vehicle that shot through the sky of Goheung County in South Jeolla Province and successfully released a test satellite into a 700-kilometer orbit.

Ko Dong-hwan | 2023-02-01 08:45

POSCO Chemical signs $33 bil. deal to supply cathode materials to Samsung SDI

POSCO Chemical signs $33 bil. deal to supply cathode materials to Samsung SDI

POSCO Chemical said Monday it has signed a largest-ever long-term contract to supply a key component used in electric vehicle (EV) battery cells to Samsung SDI. POSCO Chemical will supply high-nickel cathodes, consisting of lithium, nickel, cobalt and aluminum, to Samsung SDI, for a 10-year period starting this year for 40 trillion won ($32.5 billion), the chemical unit of st...

2023-01-30 20:13

Hyundai Motor unveils mobility's future as mobile living space

Hyundai Motor unveils mobility's future as mobile living space

Hyundai Motor Group unveiled an animated video called “Mobile Living Space,” which it says will redefine future mobility as an organic connection mechanism between vehicles and buildings.

Lee Kyung-min | 2023-01-30 17:04

LG Innotek CEO vows to become leader in FC-BGA substrates

LG Innotek CEO vows to become leader in FC-BGA substrates

Jeong Cheol-dong, CEO and president of LG Innotek, vowed that his company will become a global leader in a next-generation semiconductor packaging substrate known as flip chip ball grid array (FC-BGA), according to the IT parts arm of LG Group, Monday. LG Innotek said it held a ceremony recently at its FC-BGA factory in Gumi, North Gyeongsang Province, to commemorate bringing...

Baek Byung-yeul | 2023-01-30 17:04

[ANALYSIS] Pandemic awakens demand for data-driven automation

ANALYSISPandemic awakens demand for data-driven automation

The COVID-19 pandemic presented an opportunity for manufacturers in global supply chain systems to embrace significant challenges. Korean conglomerates like Samsung, LG and SK groups also had to adjust to the crisis by revamping their supply chains and embracing more innovative manufacturing processes.

Kim Yoo-chul | 2023-01-30 08:25

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Top 10 Stories

1	Teens feel peer pressure to buy luxury goods endorsed by K-pop stars

2	Itaewon tragedy's bereaved families harassed by far-right protesters

3	Plan to construct new memorial center for ex-president faces backlash

4	Too many emergency text alerts? Gov't to halt daily COVID-19 notifications

5	First lady expands presence in domestic politics

6	Able C&C sale attracts dozens of potential buyers

7	FSC OKs Apple Pay to be available in Korea

8	Naver to roll out conversational AI service

9	SEMICON Korea defies chip industry downturn

10	K bank decides to delay IPO plan

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