Articles by Jo He-rim
Jo He-rim
herim@heraldcorp.com-
Mixed feelings as big firms announce hefty or zero bonuses
South Korea’s top conglomerates are announcing their plans for employee compensation for 2023 following mixed earnings reports last week. LG Electronics, which posted another year of record sales, pledged to give out hefty bonuses to employees, while the nation’s top two chipmakers, Samsung Electronics and SK hynix, hit hard by a chip slump last year, seem to be tightening their belts, reducing spending including on employee benefits. LG Electronics, the crown jewel of the nation&r
Industry Jan. 29, 2024
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[KH Explains] Will OpenAI, Korean chipmakers team up to take on Nvidia?
Sam Altman, the chief executive officer of OpenAI, visited Seoul last week to hold a series of meetings with top executives of Samsung Electronics and SK hynix, the world’s top two memory chipmakers, fueling speculation that the “father of ChatGPT” is in search of allies to take on Nvidia, the unrivaled market leader in chips for artificial intelligence. For Samsung and SK, being part of a possible alliance would provide a chance for them to step up their game in the heated com
Industry Jan. 28, 2024
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Galaxy S24 series set new all-time presales record in Korea
Samsung Electronics’ latest Galaxy S24 series, touted as its first artificial intelligence smartphone, broke the company’s presales record in Korea, selling 1.21 million units in just a week. After the global Unpacked event in San Jose, California on Jan. 17, Samsung carried out a presales event for the latest Galaxy S24 series from Jan. 19 to 25 in Korea. During the weeklong event, the smartphone maker sold 173,000 units per day on average. The latest presale record not only surpass
Industry Jan. 26, 2024
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[Newsmaker] SK hynix posts surprise Q4 profit, signaling chip recovery
SK hynix will upgrade its legacy chip fab in China to produce high-value-added products to enhance profitability and meet the demand for recovery, the company said on Thursday. In its regulatory filing on the same day, the world's second-largest chipmaker reported an earnings surprise for the October-December period in 2023, marking a turnaround after struggling from losses for four straight quarters earlier. "Unlike in the past, we will focus our investment decisions to deliver value
Industry Jan. 25, 2024
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[From the scene] Immersive ‘Squid Game’ challenge thrills fans in LA
LOS ANGELES -- For fans of the Netflix series "Squid Game," the "Squid Game: The Trials" immersive experience at the CBS Television lot in Los Angeles is a must-visit spot for putting their competitive spirits to the test. Spanning about 3,000 square meters, the venue features "Squid Game"-inspired games, including the dalgona, marbles and glass tiles challenges. Visitors have to pass a total of six games to become the final winner. The 70-minute gameplay is made po
Industry Jan. 24, 2024
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Samsung exec touts Galaxy S24 as true phone camera revolution
SAN JOSE, California -- The Galaxy S24 series is the "ultimate collection" of Samsung Electronics' artificial intelligence technology for cameras, allowing users to become "expert photographers" with just a few intuitive taps on the screen, according to the tech giant's visual solutions chief. Samsung Electronics Executive Vice President Cho Sung-dae, who is in charge of the visual solutions team, explained how the latest Galaxy S24 series employs 112 visual AI mode
Industry Jan. 23, 2024
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Corning glass-backed Galaxy S24 boasts enhanced durability
SAN JOSE, California -- Samsung Electronics' Galaxy S24 Ultra can withstand a drop on a concrete surface thanks to an exclusive high-strength glass known as Corning Gorilla Armor, which was developed with Corning for greater durability and visual clarity, according to the global glass maker. With live demonstrations of the new screen glass, John Bayne, the senior vice president and general manager in charge of mobile consumer electronics at Corning, presented the Corning Gorilla Armor, whic
Industry Jan. 22, 2024
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Hybrid operation key to Galaxy AI: Samsung AI chief
SAN JOSE, California – Artificial intelligence is everywhere, but it has only been in the past couple of years that people have been able to visualize what AI might be able to do for them, with the advent of ChatGPT. In its latest Galaxy S24 series, its first AI-powered smartphone, Samsung Electronics took it further to introduce AI features for everyday use, and made the complex process operate on-device via highly advanced optimization technology, the tech giant's AI chief said on T
Industry Jan. 21, 2024
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Samsung aims to adopt AI in 100m Galaxy phones
SAN JOSE, California – Samsung Electronics will carry out software updates for its Galaxy AI to be featured in 100 million Galaxy smartphones this year, the company’s mobile business chief said Wednesday. “Galaxy AI in the Galaxy S24 series is a hybrid AI using both on-device and cloud-based AI. This year, we will introduce Galaxy AI to about 100 million Galaxy smartphones for the global expansion of mobile AI,” Roh Tae-moon, president and head of the mobile business divi
Industry Jan. 18, 2024
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Galaxy S24 hands-on: Everything you want from mobile AI
SAN JOSE, California -- Samsung Electronics' much-anticipated Galaxy S24 series has debuted to present what artificial intelligence can offer to change our daily lives. Combining on-device and cloud-based AI technologies, the latest smartphone models showed off some competitive new features with decent performances in image editing and translation, presenting competition for third-party apps. At the SAP Center, a hands-on experience zone was prepared, where visitors could check out the AI f
Industry Jan. 18, 2024
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Samsung unveils AI-powered Galaxy, sets out to create new standards
SAN JOSE, CALIF. – Samsung Electronics on Wednesday unveiled the new flagship Galaxy S24 smartphone, its first smartphone powered by artificial intelligence, bringing generative AI to the everyday life of its users. The South Korean tech giant held its Galaxy Unpacked 2024 event at the SAP Center in San Jose, California, with some 2,000 journalists and industry people in attendance. It is the first time that Samsung has held its most important unveiling event of the year in Silicon Valley,
Industry Jan. 18, 2024
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[Herald Interview] Veteran trade lawyer urges readiness for heightened geopolitical uncertainty
Growing geopolitical risks are having profound impacts on the global economy, affecting policies, trade and competition in markets. In the business world, legal disputes across borders are likely to increase against this backdrop, and geopolitical factors may also affect how these cases play out, John Quinn, a veteran trial lawyer who specializes in patent and corporate law, said in a recent interview with The Korea Herald. Quinn founded Quinn Emanuel Urquhart & Sullivan, one of the top liti
Industry Jan. 16, 2024
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[CES 2024] LG Innotek’s CES booth attracts more than 60,000 visitors this year
LG Innotek, the electronic component manufacturing unit under LG Group, said Monday that it had attracted more than 60,000 visitors to its exhibition booth during the CES 2024 tech show last week, a threefold increase from a year before. “At this year’s CES, LG Innotek has positioned itself as a leading company in the field of future mobility as well as accelerating the acquisition of potential customers with highly scalable basic technologies,” said Moon Hyuk-soo, CEO of LG In
Industry Jan. 15, 2024
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[CES 2024] SK attracts over 60,000 visitors to 'theme-park' showroom of AI, net-zero future
SK Group showcased its artificial intelligence and carbon-neutrality visions at its "theme-park" concept exhibition at CES 2024, attracting over 60,000 visitors in the four-day tech show. Wrapping up the exhibition on Friday, SK Group said it received more than double the number of visitors at its pavilion set up at Las Vegas Convention Center compared to last year. SK's seven affiliates, including SK Inc., SK Innovation, SK hynix, SK Telecom, and SK E&S, participated in setti
Industry Jan. 12, 2024
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SK Networks invests W25b in Upstage
SK Networks on Friday announced that it will invest 25 billion won ($19 million) in Upstage, a Korean startup specializing in generative AI solutions, as it seeks to expand its business in the emerging technology. The company, a general trading affiliate of SK Group, said it forged the deal to support Upstage, which is leading in the private large language model market, becoming the lead investor in the startup's Series B funding. “We are looking to back Upstage's market expa
Industry Jan. 12, 2024
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