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The Korea Herald

Tech

September 29, 2024
KT and Microsoft to develop AI models for Korea

South Korean mobile carrier KT has forged a five-year, multibillion-dollar partnership with Microsoft to develop customized artificial intelligence solutions for Korea and to build a tech innovation center, the company said Sunday. Signing the agreement at the Microsoft headquarters in Redmond, Wa...
September 29, 2024
Hyundai Steel's e-commerce platform evolves to boost B2C sales

South Korean steelmaker Hyundai Steel is seeking to beef up its online sales capabilities through Hcore Store, the company’s e-commerce platform dedicated to steel products for construction, by diversifying offerings and introducing services to enhance customer convenience on the platform. Launch...
September 29, 2024
KFCC unites global leaders to promote digital financial inclusion

The Korean Federation of Community Credit Cooperatives, the nation's leading mutual financial institution, held an international forum in collaboration with the United Nations to discuss ways to boost digital financial inclusion in Jeju last week. The event drew ministers from 15 UN member states,...
September 29, 2024
SK Broadband unveils AI-powered IPTV service

SK Broadband said Thursday it is introducing an internet protocol television service using artificial intelligence to offer more tailored content to users. The internet service provider's IPTV platform B tv newly applies SK Telecom's AI assistant service A., allowing users to easily find desired c...
September 27, 2024
LG chairman urges to “aim higher” at CEO workshop

LG Group Chairman Koo Kwang-mo convened a strategy meeting Wednesday to discuss mid- to long-term management directions with some 40 top executives at LG companies. The meeting, held at LG Inwhawon in Icheon, Gyeonggi Province, began with a discussion on strategies to navigate and respond to the r...
September 27, 2024
Seoul court denies Elliott’s W26.7b claims over Samsung merger

A Seoul court on Friday rejected American hedge fund Elliott’s payment claims for its alleged losses in the 2015 merger between Samsung C&T Corp. and Cheil Industries. Elliott, then a minority stakeholder in Samsung C&T, opposed the merger deal and received 72.4 billion won ($54.9 million) in 202...
September 26, 2024
SK hynix outpaces Samsung, Micron with more powerful AI chips

SK hynix, the world's second-largest memory chip-maker, said Thursday it has started mass production of the world’s first 12-layer high bandwidth memory chips, solidifying its competitive edge over its global rivals -- Samsung Electronics and Micron Technology. The new 36-gigabit 12-layer HBM3E c...
September 25, 2024
LG Innotek develops AI-powered materials monitoring system

LG Innotek said Wednesday that it has developed the industry’s first artificial intelligence that detects defective raw materials for its chip substrates. The new system, combining AI-based material information and image processing technologies, has already been adopted for the company’s product...
September 25, 2024
Samsung Biologics unveils new contract development platforms in US

Samsung Biologics said Wednesday that it is participating in BioProcess International 2024, a global biopharmaceutical conference in Boston, where it has been showcasing new contract development platforms. BioProcess International 2024, which began Monday and runs through Thursday, is an annual ev...
September 25, 2024
[Exclusive] Texas development exec shuts down layoff rumors at Samsung chip plant

Amid growing uncertainties about the timely operation of Samsung Electronics' $40 billion semiconductor fabrication plant in Taylor, Texas, regional economic development chiefs in the state dismissed downsizing rumors, saying construction would be completed by mid-2025. “There was a recent story ...
September 25, 2024
Samsung, top banks to create W2tr green growth fund for SMEs

Samsung Electronics and the nation’s top five lenders have collaborated to create a 2 trillion won ($1.5 billion) fund to support small and medium-sized companies struggling to meet toughening carbon regulations at home and in overseas markets. On Tuesday, the tech giant, together with the nation...
September 23, 2024
Middle East’s big AI push lures Korean tech firms

In the wake of the artificial intelligence boom, Korean tech giants are seen swiftly expanding their foothold in the Middle East, where countries are turning their eyes to the technology as a hedge to diversify their oil-centric economies. On Monday, Wall Street Journal reported that the world’s ...
September 23, 2024
[From the Scene] SKIET develops world’s most heat-resistant battery separator

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
September 23, 2024
SK hynix applies CXL optimization solution to Linux

SK hynix said Monday it has introduced the main features of its heterogeneous memory software development kit, a self-developed memory control solution that optimizes the operation of Compute Express Link, or CXL, a next-generation memory technology, to Linux, the world’s largest open-source opera...
September 23, 2024
Samsung Electro-Mechanics develops first all-solid-state battery

Samsung Electro-Mechanics, the electronic parts manufacturing subsidiary of the chip giant Samsung Electronics, has developed the world’s first all-solid-state battery for wearable devices, industry sources said Monday. According to sources, the company made an all-solid-state battery prototype w...

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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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