Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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LG teases new UltraGear gaming laptop, eyes Korea release in Dec.
LG Electronics said Monday it is looking to release its newest LG UltraGear laptop for 2022 -- a high-performance model designed for gamers -- within December in Korea. The laptop features a 17.3-inch monitor with a 1080p display resolution, using an in-place switching panel of 300-hertz refresh rate, as well as DTS: X Ultra system for multidimensional sound, in order to deliver a more immersive gaming experience, according to the company. It is powered by Intel‘s 11th-generation Tiger
Dec. 20, 2021
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Samsung’s new China team signals strategy reboot
Samsung Electronics has reportedly launched a new China team under the direct supervision of vice chairman and Chief Executive Officer Han Jong-hee, signaling a change in its strategy to reenter Asia’s largest market that is already dominated by homegrown manufacturers. According to media reports, Samsung Electronics has kicked off a new operation, loosely translated as the China Business Innovation Team. The unit is dedicated to businesses ranging from mobile handsets to semico
Dec. 19, 2021
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Samsung rolls out chips for self-driving cars
Samsung Electronics said Thursday it has begun mass-producing cutting-edge memory chips for an undisclosed auto manufacturer to power a range of connected features including autonomous driving. The newest lineup of chips includes 2-gigabyte GDDR6 graphic dynamic random access memory chips, as well as 128-gigabyte universal flash storage. Both products are designed to support autonomous driving features, including advanced driver assistance systems. Samsung unveiled the industry‘s first u
Dec. 16, 2021
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Once-popular Cyworld aims to revive past glory with metaverse
Long before the metaverse and cryptocurrency craze, South Korea had Cyworld, the microblogging platform where people used “dotori” digital money to decorate their personal avatars. It didn’t just exist. It was rabidly popular, counting 32 million users out of the country’s population of 50 million at one point. The once-mighty homegrown platform, however, became a relic of the past with the rise of Facebook, Twitter and the like. It suffered a similar fate to MySpace
Dec. 16, 2021
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New tech by IBM, Samsung may allow phone battery to last for a week
A new breakthrough in semiconductor design jointly developed by global tech giants IBM and Samsung Electronics could allow phone batteries to hold a charge for a week, according to the companies on Wednesday. This architecture -- which, in essence, is to align transistors vertically on a semiconductor chip -- has the potential to reduce energy usage by 85 percent compared to a conventional scaled fin field-effect transistor by allowing greater current flow with less wasted energy, IBM said. I
Dec. 15, 2021
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LG Chem, LG Energy Solution acquire W60b stake in Canada’s Li-Cycle
LG Group’s chemicals and battery units, LG Chem and LG Energy Solution, said Wednesday that they had acquired a 2.6 percent stake in Canadian battery recycling company Li-Cycle Holdings by investing 30 billion won ($25.3 million) each. Li-Cycle, based in Toronto, operates North America’s largest lithium-ion battery recycling facility. The firm recycles waste from the EV battery manufacturing process and recovers battery metals for reuse. The Canadian firm recently issued new shar
Dec. 15, 2021
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SK chairman appears in antitrust session to defend stock purchase
SK Group Chairman Chey Tae-won made a rare appearance in a session held by the nation’s top antitrust watchdog to defend his controversial stock purchase in 2017, when SK acquired a silicon wafer unit from its crosstown rival LG Group. The Fair Trade Commission has reviewed the case over allegations that SK Inc., the holding company of SK Group, deliberately helped its chairman purchase the stock at a cheaper price to benefit from hefty dividends. The deliberation session was
Dec. 15, 2021
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Race for next-gen DRAM chips heats up with SK hynix’s new release
The race for next-generation DDR5 memory chips is intensifying, with SK hynix unloading its latest chip featuring an enhanced density enough to boost performance of cloud data centers and potentially of high-performance servers. SK hynix said Wednesday it has shipped samples of 24-gigabit DDR5 dynamic random access memory chips, touting its technology leadership in commercializing a single DRAM chip that has the largest density in the industry. DDR5, or double data rate 5, refers to a newest it
Dec. 15, 2021
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Kakao Brain unveils image-generating AI model
Kakao Brain, the artificial intelligence technology research and development subsidiary of Kakao, said Wednesday it has launched its second AI model that self-generates images, allowing the company to quickly expand its presence in Korea’s mammoth AI space. The AI model, dubbed “minDALL-E,” creates images the users wish to see, according to the company. For instance, when users type in requests such as “draw a picture in a Salvador Dali style” or “create an
Dec. 15, 2021
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LG debuts hyperscale AI Exaone
LG Group’s AI research hub LG AI Research on Tuesday unveiled its new “ultra-large” artificial intelligence language model Exaone that boasts more parameters than any other similar models created by its South Korean rivals. Exaone, which refers to “expert AI for everyone,” has some 300 billion different parameters or variables that it can tune in. Being large means that the AI model has a better capacity to process data more efficiently and perform more advanced l
Dec. 14, 2021
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Dyson’s formaldehyde-busting air purifiers hit Seoul
UK-based home appliance maker Dyson said Tuesday it started selling its air purifiers equipped with technologies to sense and destroy indoor air pollutants including formaldhyde more precisely in South Korea. Its new fanless air purifiers feature algorithm-powered, solid-state formaldehyde sensors that distinguish the colorless gas pollutant from other volatile organic compounds. Dyson said the solid-state sensor, using electrochemical cell technology, is superior to gel-based sensors in that
Dec. 14, 2021
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LG Energy Solution, Siemens team up for smart manufacturing
LG Energy Solution, the battery-making unit of LG Group, said Tuesday it has joined forces with German industrial giant Siemens to upgrade its battery plants into more advanced smart factories. Under a deal signed earlier in the day, the battery firm agreed to adopt Siemens’ software and other technologies to build an “intelligent manufacturing system.” Intelligent manufacturing, or smart manufacturing, is designed to optimize energy efficiency and quality control at product
Dec. 14, 2021
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[Market Eye] Will Samsung’s anti-OLED campaign end with imminent panel deal?
The market is closely watching Samsung Electronics’ possible move to diversify its panel supplier list amid circulating rumors that the South Korean tech giant is even mulling a deal with its archrival’s panel-making arm for large flat-screen televisions. According to rumors and reports, Samsung is considering placing orders for white organic light-emitting diode panels from LG Display, with which it has locked horns for a long time over who has the technological edge, and that its
Dec. 13, 2021
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Robotics stocks surge on Samsung’s new team
Shares of robotics tech firms surged Monday following news reports that Samsung Electronics is setting up a new team solely dedicated to the robotics business, one of the frequently-cited new growth engines for the Korean tech giant. Yujin Robot, one of the first-generation robotics companies here with more than 30 years of history, saw a 30 percent jump in its stock price and was trading at 4,150 won ($3.52) as of 2 p.m., as investors cheered for its business potential with Samsung, the natio
Dec. 13, 2021
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Samsung’s Bespoke water purifier becomes first to remove microplastics
Samsung Electronics said Monday its Bespoke water purifier, whose trade name is RWPaxy1bcde(z), has been certified by NSF International, a US-based product testing and certification organization, for removing microplastics from water – an industry first globally. Microplastics are tiny pieces of plastic, less than 5 micrometers in length, that are extremely difficult to detect. They are known to cause harmful effects to human body, including cell death and allergic reactions. NSF Intern
Dec. 13, 2021
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Samsung names mobile, appliance business DX, promotes robotics as future growth driver
Samsung Electronics Co. named its newly merged unit for mobile and appliances the device experience (DX) division, the company has said, in a sign of its resolve to provide its customers with new, meaningful experiences. Last week, the tech giant announced it had merged the consumer electronics and IT and mobile communications divisions, and named a new CEO, Han Jong-hee, a former head of the visual display business, to lead the new division. The new name shows Samsung's "ongoing commitme
Dec. 13, 2021
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'PUBG: Battlegrounds' to be free to play in Jan.
Krafton Inc., a South Korean gaming giant, said Friday that its global smash hit "PUBG: Battlegrounds" will be going free to play starting next month. The game will start a free-to-play mode on all platforms, including computers and consoles, on Jan. 12, 2022, to enable more people to enjoy the battle royale style game, Krafton said. The global-hit game, in which users fight to remain the last person alive, launched in 2017 as a paid game. It has quickly gained global popularity, s
Dec. 10, 2021
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Samsung's Lee returns from UAE amid expectation of 5G partnership
Samsung Electronics Vice Chairman Lee Jae-yong returned to Seoul on Thursday, ending a three-day trip to the United Arab Emirates involving a “small meeting.” “I had a small meeting in Abu Dhabi,” Lee told reporters as he arrived in Seoul, referring to a capital of the UAE. “It was a good opportunity, because experts from around the world in various fields got together to learn how each country or each industry stands ready for the future.” The de facto le
Dec. 9, 2021
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'Squid Game' 9th most searched keyword on Google in 2021
South Korean megahit “Squid Game” ranked as the No. 9 most-searched keyword by worldwide users on Google this year, Google Korea said Thursday. No. 1 on the list of most searched terms was “Australia vs. India,” referring to cricket matches between the two countries. “India vs. England” took second, followed by “IPL,” which stands for the Indian Premier League. Among the TV shows searched on Google worldwide, the Korean drama series was the mos
Dec. 9, 2021
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LG CNS joins hands with Fujitsu for optimization consulting
South Korean information technology solutions company LG CNS said Thursday it has teamed up with Japanese counterpart Fujitsu to strengthen its mathematical optimization consulting capacity to improve client services. LG CNS and Fujitsu‘s Korean unit has recently signed a memorandum of understanding to develop an optimization algorithm that runs on Fujitsu’s digital annealer computational architecture. Fujitsu‘s digital annealer is a quantum computing-inspired technology to s
Dec. 9, 2021