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The Korea Herald

Tech

April 16, 2024
Samsung Electronics set to expand chips supply chain after $6.4b US grants

Samsung Electronics is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of $6.4 billion from the US government and its extended investment plan. Under the Biden Administration's announcement, the South Korean c...
April 16, 2024
US confirms $6.4 billion chip subsidy for Samsung

The US government announced Monday that it will award up to $6.4 billion to Samsung Electronics for its chip fabrication facilities in Taylor, Texas. "The return of leading-edge chip manufacturing to America is a major new chapter in our semiconductor industry," said White House National Economic ...
April 15, 2024
Samsung, LG showcase built-in lineup at Milan Design Week

LG Electronics is targeting the European built-in appliance market with premium design and AI features at its 483-square-meter booth, decorated under the concept of a food lifestyle magazine. According to the company, the booth consists of three different areas. The main kitchen zone displays the ...
April 15, 2024
LG Uplus chief lures AI talent in Silicon Valley

LG Uplus CEO Hwang Hyeon-sik traveled to Silicon Valley and hosted a special event to lure young talents in the field of artificial intelligence, the telecom carrier said Monday. Hwang hosted the “2024 LG Uplus AI Visionaries Summit" at the Four Seasons Hotel Silicon Valley in San Francisco on Sa...
April 12, 2024
Kakao joins AI Alliance, promotes safe, responsible AI

By Jo He-rim ( herim@heraldcorp.com ) The Korea Herald
April 12, 2024
Kakao becomes 1st S. Korean firm to join global open-source AI Alliance

Kakao said Friday it has joined a global consortium that promotes open-source artificial intelligence (AI) research and development, becoming the first South Korean corporate member of the initiative. Kakao said it is the first South Korean firm to join the AI Alliance led by global tech giants IB...
April 11, 2024
Kakao Healthcare boosts partnership with Google

Kakao Healthcare, the digital health care unit under platform giant Kakao, announced Thursday that the company would boost its collaboration with Google to improve its cloud-based data platform. The announcement came after Kakao Healthcare CEO Hwang Hee shared the company's recent progress with He...
April 11, 2024
SK hynix exec pins high hopes on new US packaging plant

By Jie Ye-eun ( yeeun@heraldcorp.com ) The Korea Herald
April 11, 2024
Naver, Intel team up to counter Nvidia’s dominance in AI chips

"I can't wait to see what Naver and Intel can create for a new AI chip environment, and the innovations this will bring." Ha Jung-woo, head of AI Innovation at Naver Cloud, appeared on the stage to explain how Naver and Intel established a joint lab to expand the Gaudi software ecosystem. With In...
April 11, 2024
Samsung retains No. 1 spot in US home appliance market

Samsung Electronics retained its No. 1 spot in the US home appliance market for an eighth consecutive year, dating to 2016, thanks to strong sales of key household products including refrigerators and washers, industry data showed Wednesday. According to market tracker TraQline, Samsung notched a ...
April 09, 2024
Dethroned king of apps, KakaoTalk user numbers in decline

Mobile messenger KakaoTalk's once-overwhelming lead in the instant messaging industry in Korea has continued to falter, as a report Tuesday showed that the number of people regularly using the application has fallen to the lowest figure in 22 months. The monthly active users -- those who used a se...
April 09, 2024
Samsung hopes to shed Galaxy brand's ‘ajeossi phone’ reputation

Samsung Electronics is striving to shed the reputation of its flagship Galaxy smartphones as "ajeossi" phones among teens and users in their 20s, with short films starring popular TV celebrities. An "ajeossi" is an older married man or an uncle in Korean, but in this context, it implies a sense of...
April 09, 2024
Samsung to receive over $6b subsidy from US: report

Samsung Electronics is set to receive between $6 billion and $7 billion in grants from the US government next week as the Korean chipmaker looks to bolster its US production, Reuters reported Monday. According to the report citing anonymous sources, the subsidy from the Biden administration will b...
April 09, 2024
Number of KakaoTalk users falls below 45m for 1st time in 22 months

KakaoTalk, South Korea's leading mobile messenger, saw its number of users fall below 45 million for the first time in 22 months last month, data showed Tuesday. The application had 44.97 million monthly active users (MAUs) in March, down more than 221,000 from the previous month, according to the...
April 09, 2024
US unveils some $11.6b in grants, loans to TSMC

The US government announced a plan Monday to award Taiwan Semiconductor Manufacturing (TSMC) some $11.6 billion in grants and loans to support the chipmaker's investment for three fabrication plants in Arizona, as it strives to boost domestic semiconductor production. The Department of Commerce ha...

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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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