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The Korea Herald

Tech

November 07, 2024
LG Uplus eyes W3tr investment in AI by 2028

LG Uplus CEO Hwang Hyeon-sik said Thursday the company would invest up to 3 trillion won ($2.15 billion) in the telecom carrier's artificial intelligence business over the next four years. The announcement came as the CEO introduced the company's AI transformation strategy during a press briefing ...
November 06, 2024
LG wins top patent award for AR navigation tech

LG Electronics received the top recognition from the country’s patent agency for its advanced vehicle augmented reality technology used to guide drivers on complex and unfamiliar roads on Wednesday. At this year’s Patent Technology Awards hosted by the Korean Intellectual Property Office, LG Ele...
November 05, 2024
KT unveils world’s first 8K IPTV set-top box

South Korean telecom carrier KT Corp. on Tuesday released the world’s first artificial intelligence IPTV set-top box that supports advanced 8K resolution with on-device AI capabilities. The company said the Genie TV set-top box 4 is the first IPTV set-top box globally equipped with an 8K UHD chip...
November 05, 2024
SK Telecom unveils AI assistant Aster for global users

SK Telecom, South Korea’s largest wireless carrier by membership, on Tuesday unveiled its new artificial intelligence-powered personal assistant Aster for global markets. Designed as an agentic AI, Aster goes beyond simple question-and-answer or search functions. It engages users in an interactiv...
November 05, 2024
MCCAAi shows AI prowess through product placement solution, context-aware generative content

According to MCCAAi, reloAD is being developed in collaboration with advertising agency Innocean, along with media and broadcasting companies including JTBC and MBC Plus, and the IT infrastructure company Oracle. The launch is planned for the first half of 2025. MCCAAi says its core R&D team, cons...
November 04, 2024
SK hynix unveils 2025 shipment plans for most up-to-date HBM chip

SK hynix CEO Kwak Noh-jung unveiled the company’s plan to start mass production of the industry's most up-to-date high-bandwidth memory chips early next year. “We anticipated that the market for the 16-layer product will begin to open (the sixth-generation) HBM4,” he said in a keynote speech at...
November 04, 2024
SK chief vows to tackle AI bottleneck along with Nvidia, TSMC

SK Group Chairman Chey Tae-won renewed his commitment to building a robust artificial intelligence ecosystem and vowed to overcome bottlenecks in the process with AI pioneers and key partners Nvidia and TSMC. Speaking at SK AI Summit 2024, held in Seoul on Monday, Chey listed a number of difficult...
November 04, 2024
Korean luxury e-boutique Jente launches global service

South Korean luxury e-boutique Jente has launched a global service to spur its business expansion overseas. The company said Monday the website is now available for shoppers in North America, Asia and Europe, with plans for expansion in the Middle East by 2025. Established in 2020, Jente has gain...
November 01, 2024
Samsung CEO calls for unrivaled technological leadership

Samsung Electronics Vice Chairman and co-CEO Han Jong-hee told employees Friday to fully commit to strengthening their key technological leadership to secure uncompromising quality competitiveness. “Without change, neither innovation nor growth is possible," he said during a joint commemorative s...
November 01, 2024
Samsung’s Luxembourg-listed DRs to transfer to London Stock Exchange

Samsung Electronics’ depositary receipts listed in Luxembourg Stock Exchange are to transfer to the London Stock Exchange, according to the company’s filing on Friday. A depositary receipt is a financial security that allows investors to own shares in a foreign company without trading on a forei...
October 31, 2024
Samsung vows to boost AI chip sales after earnings miss

Samsung Electronics said Thursday it will focus on producing high-value chips and is ready to supply the cutting-edge AI chips high in demand after announcing disappointing quarterly earnings. The company hinted it is making strides to supply its cutting-edge HBM3E chips to Nvidia, which controls ...
October 31, 2024
LG’s transparent OLED TV makes Time's best inventions list

The world’s first wireless and transparent OLED TV and a premium built-in appliance introduced by LG Electronics have been selected among the 200 best inventions of the year by Time magazine. The transparent OLED TV, dubbed LG Signature OLED T, was included in the consumer electronics criteria, a...
October 30, 2024
Mobile carriers raise severance pay to slim down workforce

Mobile carriers are strengthening their severance packages to encourage early retirement amid efforts to renew their business portfolio and restructure stagnant workforce. Kicking off voluntary redundancy, KT Corp., the country's second-largest telecommunication company, recently raised the maximu...
October 30, 2024
Nexon expands game pipeline to target global market

“Nexon must become a company that keeps adding value, which means we have to continue to grow based on the experiences and lessons we've accumulated over the last 30 years,” said Kim Jung-wook, co-CEO of Nexon Korea. “It’s called ‘Creative Attack.’ We will keep moving forward to develop game...
October 30, 2024
SK Networks teams up with Malaysia’s Sunway in AI push

SK Networks said Wednesday it has joined forces with Malaysia’s Sunway Group, a leading conglomerate in Southeast Asia with key interests in real estate and construction, to drive artificial intelligence innovation. Founded in 1974, Sunway is one of Malaysia’s top 20 conglomerates, operating in ...

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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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