Most Popular
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Samsung entangled in legal risks amid calls for drastic reform
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Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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Seoul blanketed by heaviest Nov. snow, with more expected
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[Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
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K-pop fandoms wield growing influence over industry decisions
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Korea's auto industry braces for Trump’s massive tariffs in Mexico
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Seoul's first snowfall could hit hard, warns weather agency
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LG Innotek expands global talent hunt
LG Innotek Chief Executive Officer Moon Hyuk-soo is stepping up efforts to recruit top talent from around the globe with the goal of boosting the company's competitive edge in the global market, where it makes the vast majority of its sales, the company said Sunday. Moon recently traveled to the US and hosted the company's main hiring event, "Inno Connect," in San Francisco, where he and Chief Human Resources Officer Kim Heung-sik and Chief Technology Officer Roh Sung-won pre
Oct. 13, 2024
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SK heiress weds Chinese American entrepreneur
SK Chairman Chey Tae-won's second daughter Chey Min-jung, 33, tied the knot with Chinese American entrepreneur Kevin Huang in a private wedding in Seoul, where some 500 guests, including the country's top business leaders, gathered for the celebration. Amid their ongoing divorce suit, Chey Tae-won and his ex-wife Roh Soh-yeong both attended the wedding, facing each other for the first time since the latest court ruling in May. Chey Min-jung and Huang reportedly met as neighbors in Wash
Oct. 13, 2024
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Samsung SDI seeks out top tech talent in Europe
Samsung SDI invited over 60 students and industry experts from Europe’s top institutions at its tech and career forum in London, aiming to secure global talent to strengthen the firm's technological competitiveness, the company said Sunday. The Tech & Career Forum, held on Saturday local time, attracted master’s and Ph.D. students, as well as industry experts, from prestigious universities such as Cambridge, Oxford, the Technical University of Munich and the Swiss Federal In
Oct. 13, 2024
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KT, Microsoft to debut Hangeul AI language model next year
South Korean mobile carrier KT Corp. said Thursday it will team up with US tech giant Microsoft to develop a new artificial intelligence model tailored to the Korean language and culture within the first half of next year. KT CEO Kim Young-shub presented its vision at the event and announced the goal of jointly developing a Korea-specific AI and cloud model aligned with Microsoft’s objectives. “Microsoft is well aware of Korea's significance in the global information and communi
Oct. 10, 2024
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[KH Explains] Samsung chief says he is still ‘hungry’ for foundry growth
Samsung Electronics Chairman Lee Jae-yong on Monday put an end to the long-standing rumor that the memory chip giant might spin off its lackluster foundry business, saying he is still “hungry” for growth. “We are hungry to grow (our) business, not interested in spinning (it) off,” the Samsung chief told Reuters upon his visit to the Philippines. Regarding the delayed operation of the company's new foundry plant currently under construction in Taylor, Texas, Lee said,
Oct. 8, 2024
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Samsung unveils 'personalized AI' for all devices
Samsung Electronics announced it would be introducing artificial intelligence in all of its major home appliances and mobile devices to offer a more personalized and secure user experience, at this year's Samsung Developer Conference on Thursday. Celebrating the 10th year of the annual event, Samsung Electronics Vice Chairman and CEO Han Jong-hee revealed the company's "AI for All" vision, renewing the company's commitment to using AI technology to enhance security and p
Oct. 4, 2024
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Samsung starts mass production of industry's top-level SSD for on-device AI PCs
Samsung Electronics, the world’s largest maker of memory chips, announced Friday it started mass producing the industry’s highest-performing solid-state drive with the largest capacity, making it optimal for on-device artificial intelligence applications for personal computers. The new PM9E1, which is a PCIe 5.0 SSD, provides a powerful performance and enhanced power efficiency built on its in-house 5-nanometer-based controller and eighth-generation V-NAND technology, the chipmaker s
Oct. 4, 2024
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HD Hyundai's hydrogen engine wins top award at H2 MEET
HD Hyundai Infracore's hydrogen engine HX12 has won the top award at a global hydrogen exhibition, H2 MEET 2024, the Korea Automobile Journalists Association announced Friday. Journalists from the KAJA's 58 press members visited H2 MEET at Kintex in Gyeonggi Province from Sept. 25 to 27, to assess the latest hydrogen technologies of the participants and graded them based on the public's feedback, market potential and innovativeness, in cooperation with the exhibition organizers. H
Oct. 4, 2024
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LG Display to swing back to profit next year: Analysts
South Korean display maker LG Display is expected to emerge from the red next year as the company speeds up efforts to reorganize its business structure to focus on high-value-added organic light-emitting diode panels, market analysts said Thursday. LG Display has been experiencing consecutive yearly deficits, logging operating losses of 2.5 trillion won ($1.9 billion) and 2.08 trillion won in 2023 and 2022, respectively. This year, the losses will continue, but the company should be able to red
Oct. 3, 2024
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Samsung tightens its belt amid crisis winds
Samsung Electronics, a leading tech giant in smartphones and semiconductors, is seen implementing austerity measures, reducing headcounts and downsizing celebratory events as it falls behind global peers in its core product markets. On Wednesday, Bloomberg reported Samsung Electronics is expected to lay off about 10 percent of its total overseas staff of 147,000, with the latest headcount cut being carried out in its headquarters in Southeast Asia, Australia and New Zealand. The company already
Oct. 2, 2024
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[Gadget Review] Apple's new iPhone 16 Pro: Professional camera phone
Apple’s latest flagship smartphone series -- the iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max -- debuted in Korea on Sept. 20 as the US tech giant included the country among the first regions for its newest phones’ launch. Since the first iPhone debuted here in 2009, it marks the first time that Korea has been included in the list of the first countries to have new iPhones. Despite the early release, Korean sales remain lukewarm. Coupang, a major online seller, saw
Oct. 2, 2024
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KT chief vows to secure AI leadership
Telecom carriers can further expand their roles in the era of artificial intelligence as they hold the lead in offering diverse services, KT CEO Kim Young-shub said at a mobile conference in Seoul on Tuesday, saying collaboration with tech rivals is crucial to boost service quality. "AI-based services have already been realized across all areas, including telecommunications, health care, public transportation, manufacturing and logistics," Kim said in his keynote speech at this year
Oct. 1, 2024
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Naver to cancel W400b of treasury shares to prop up value
South Korean portal giant Naver announced Monday it will buy back and cancel shares worth 400 billion won ($306 million) by the end of the year to boost its declining stock value. The latest measure will be separate from the ongoing shareholder return policy the company introduced in 2023, spanning three years. “From Oct. 2 to Dec. 28, we will repurchase about 2,347,500 shares which accounts for 1.5 percent of the total issued shares, and cancel them by Dec. 31," Naver said. "Giv
Sept. 30, 2024
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Kakao to unveil Nvidia partnership at conference next month
South Korean IT giant Kakao will unveil its new artificial intelligence service Kanana at the upcoming developers conference next month, the company said Monday. Holding the annual event dubbed "if kakaoAI 2024" from Oct. 22-24, the company will also announce its AI partnership with Nvidia, the leading graphic processor unit maker, Kakao said. On the first day of the event, Kakao CEO Chung Shin-a will deliver a keynote speech on Kakao's AI road map and Chief AI Officer Lee Sang-ho
Sept. 30, 2024
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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, Washington, Friday, the two sides agreed to collaborate in the areas of AI, cloud technologies and information technology, and for Microsoft to commit its resources in the areas of infrastructure and peop
Sept. 29, 2024
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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 rapidly changing business environment. LG Electronics CEO Cho Joo-wan introduced key examples of the tech giant’s customer-centric management system, which has been a core focus over the past three
Sept. 27, 2024
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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 chip will be supplied to its customers, including US AI chip giant Nvidia, within the year, about six months after delivering an 8-layer HBM3E product to customers for the first time in the ind
Sept. 26, 2024
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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 production process. More recently, it has been used to upgrade the product quality of value-added chip substrates, including the flip-chip ball grid array. With chip substrates becoming increasingly
Sept. 25, 2024
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[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 that workers left, but Samsung every two years recycles in other employees. So the employees there came back to Korea, and they have a new group of employees or construction workers on site,&r
Sept. 25, 2024
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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 AI as a hedge to diversify their oil-centric economies. On Monday, the Wall Street Journal reported that the world’s leading chipmakers, Samsung Electronics and Taiwan Semiconductor Manufacturing Co., were reviewing the notion of building new semiconductor manufacturing facilities in the United Arab Emirates in the comin
Sept. 23, 2024