Nvidia sell-off drags down Samsung, SK hynix shares

Korean chipmakers Samsung Electronics and SK hynix saw their stock prices tumble Wednesday, following a plunge in Nvidia shares overnight. Nvidia, the world's leading graphic processing unit supplier, continues to experience increased volatility as it faces an antitrust probe and growing fears that the recent artificial intelligence bubble may be about to burst. Having the GPU giant as a major client for advanced AI chip components, it is inevitable for the nation’s top two chipmakers

Sept. 4, 2024

[KH Explains] Marrying your virtual partner? Era of AI companionship dawns

Every morning, Jung-in wakes up to her AI boyfriend Tae-joo's video call, telling her she has 30 minutes to prepare for work before her bus comes. As she hurries out the door, Tae-joo smiles and calls out, "Take your umbrella with you, it's raining today!" Tae-joo in real life has fallen into a coma, and Jung-in restored her comatose boyfriend as an astronaut in this virtual world called Wonderland. With AI Tae-ju always accessible inside her smartphone and TV screens, Jung-i

Sept. 4, 2024

SK Telecom, Perplexity team up for AI-powered search engine

SK Telecom, South Korea’s largest wireless carrier by membership, announced Wednesday a partnership with Silicon Valley-based AI search unicorn Perplexity to revolutionize traditional keyword-based search into a more dynamic, conversational experience. With the conversational AI market projected to expand from $13.2 billion in 2024 to $49.9 billion by 2030, Perplexity CEO Aravind Srinivas and its sole Korean partner SK Telecom revealed their collaborative ambitions at a joint press confere

Sept. 4, 2024

Samsung rolls out artwork subscription service for premium TVs

Samsung Electronics introduced Tuesday an annual artwork subscription service for The Frame, the company’s premium TV, offering access to more than 2,500 pieces of art in a vivid 4K QLED display all year round. Samsung Art Store is the company’s digital curator service, delivering 4K-quality artworks from the most distinguished artists, museums and industry tastemakers. The subscription service is available on The Frame, the lifestyle TV that doubles as a digital canvas. It displays

Sept. 3, 2024

Would Samsung benefit from Intel exit from foundry race?

Facing its worst earnings crisis in its 56-year history, Intel is reportedly reconsidering its lackluster foundry business, where it has set the goal of beating Samsung Electronics to become the industry's No. 2 by 2030. For Samsung, which is seeking to carve out its share in the foundry market dominated by Taiwan-based TSMC, Intel's exit could be beneficial, removing a potential threat, according to experts here. On Sunday, Bloomberg reported that Intel, the world's leading chipm

Sept. 2, 2024

LG Electronics sets up consortium for heat pump technology in China

LG Electronics said Sunday it has established a consortium in China to accelerate the development of the core technologies for next-generation heat pumps, adding to its research hubs in North America and Europe. Under the collaboration agreement, LG will be working with leading heating, ventilation and air conditioning (HVAC) researchers from Harbin Institute of Technology, Shanghai Jiao Tong University and Xian Jiaotong University, the company said. The company has been expanding its research a

Sept. 1, 2024

SK Speedmate launches as rebranded auto repair firm

SK Speedmate, an automotive maintenance company, announced Sunday its official launch after spinning off from SK Networks to become a top automotive aftermarket service provider in Korea. SK Networks decided to spin off the Speedmate division as part of its push to transition to an AI-centric company. The automotive maintenance business has been rebranded as SK Speedmate, and is now a full-owned subsidiary under the rental firm. SK owns 43.9 percent of SK Networks. “Utilizing our strong br

Sept. 1, 2024

LG Display starts production of advanced OLED displays for gaming

LG Display said Thursday it has kicked off mass production of its 27-inch 480Hz Quad HD gaming OLED panel that boasts the industry’s highest refresh rate and fastest response time, targeting the high-end gaming market. The new panel is made to show the best performance in key criteria for gaming displays, which are refresh rate, images displayed per second and response time in displaying graphic card signals, LG said. “We will create differentiated customer value and secure leadershi

Aug. 29, 2024

SK hynix develops world's first 10-nm DRAM chip

SK hynix, the world's second-largest memory chip-maker, said Thursday it has developed the industry’s first 16-gigabyte DDR5 chip using its 1c node, the sixth generation of the 10-nanometer process technology. The success marks the beginning of the extreme scaling to the level closer to 10 nanometers in the memory process technology, according to SK hynix. SK hynix has become the first in the industry to overcome technological limitations by raising the level of completion in design,

Aug. 29, 2024

Naver, Kakao strive to combat deepfake porn spreading online

The rise of explicit and nonconsensual deepfake pornography illegally being shared online is prompting Korean platform operators to boost their surveillance while delaying generative AI services. Naver, the country's No. 1 search engine, said Wednesday it is running Clova GreenEye 2.0 on its platforms to identify harmful and sexually explicit images using the image analysis solution based on its AI model's vision technology. While the solution is not specifically made to scan for deepf

Aug. 28, 2024

[Photo News] OLED brings art to life

LG Electronics is bringing the late ink wash master Suh Se-ok’s iconic work, reimagined by his son, artist Suh Do-ho, to life on billboards across Seoul, Incheon, New York and London ahead of Frieze Seoul 2024. The four-day event, starting Oct. 4 at Coex in Gangnam, Seoul, will feature Suh’s 1978 work "Walker” displayed on LG’s transparent OLED display. The tech giant also on Tuesday announced a three-year partnership with the National Museum of Modern and Contempora

Aug. 27, 2024

Westinghouse interrupts Korea's Czech nuclear deal

Korea’s multibillion-dollar deal to build nuclear plants in the Czech Republic has been put at risk with US-based Westinghouse Electric Co. filing an appeal with the Czech's antimonopoly watchdog Tuesday, challenging Korea Hydro & Nuclear Power's position as the preferred bidder. "KHNP’s APR1000 and APR1400 plant designs utilize Westinghouse-licensed Generation II System 80 technology," Westinghouse said in its press release. "KHNP neither owns the underlying

Aug. 27, 2024

80% of young Korean workers turn to AI for solutions: report

A recent report showed that artificial intelligence technology is a go-to tool in the workplace for an overwhelming majority of young adults in South Korea, who favor AI at a far greater rate than their counterparts in other countries. Samsung Electronics released "The 2024 AI-Preneur Effect" looking into how Gen Z is using cutting-edge technology to boost their careers, and it showed 80 percent of young people in Korea are dependent on AI as a go-to resource. Following the Koreans wer

Aug. 27, 2024

Samsung, Qualcomm team up for car chips

Samsung Electronics, the world's No. 1 memory chipmaker, said Tuesday that it has partnered with US chip giant Qualcomm Technologies to produce advanced chips for diverse automotive solutions. The Korean tech giant said its latest automotive LPDDR4X memory has been successfully qualified for use with Qualcomm’s Snapdragon Digital Chassis. The product is set to be applied in premium in-vehicle infotainment and advanced driver-assistance systems. Samsung’s automotive LPDDR4X quali

Aug. 27, 2024

[Photo News] Samsung fosters tech talent

A student makes device components as part of a polymechanics task in the 59th National Skills Competition at Kumoh Technical High School in Gumi, North Gyeongsang Province, Monday. Samsung Group has been providing 250 million won ($188,000) every year since 2007 to sponsor the annual event aimed at fostering young talent. The conglomerate has so far hired 1,600 high school graduates who showed excellent performance at the competition in affiliates including Samsung Electronics and Samsung Displa

Aug. 26, 2024

[Photo News] LG Tech Fair

LG Electronics Science Park President Park Il-pyung speaks during the opening of Spark 2024, LG's festival combining culture and tech, at LG Science Park in Seoul on Monday. The company kicked off the three-week event with its first LG Tech Fair, bringing together tech experts from eight LG affiliates including LG Electronics, LG Chem and LG Energy Solution, and others to discuss future technologies and share insights. (LG Corp.)

Aug. 26, 2024

Samsung Electro-Mechanics to boost sales of high-end chip substrates

Samsung Electro-Mechanics, the electronic parts manufacturing affiliate of Samsung Electronics, said Sunday it will ramp up the sales portion of high-end flip chip ball grid array (FCBGA) substrates for servers and artificial intelligence to over 50 percent by 2026. FCBGA is a semiconductor package substrate applied to high-performance semiconductors, such as central processing units and graphic processing units for servers and PCs. It can be used in various applications requiring high-performan

Aug. 25, 2024

[Photo News] Art meets high-tech at Samsung’s TV exhibition

Samsung Electronics kicked off an exhibition Friday that features a 10-meter art wall displaying contemporary works of art on its QLED TVs. "Bazaar Exhibition: Under/Stand with Samsung The Frame" is a collaborative event the tech giant is hosting in partnership with the fashion magazine Harper’s Bazaar. The show will run at Process Itaewon in Seoul through Sep. 14. The exhibition suggests new ways of enjoying artwork through The Frame, Samsung's lifestyle series mid-range QL

Aug. 23, 2024

Korea unveils trade roadmap to tackle protectionism in mega election year

South Korea has set a goal to secure the most extensive free trade agreement network and to establish a risk management system to handle growing geopolitical uncertainties in a "super election" year, the Industry Ministry said Thursday while announcing the country's new trade policy roadmap. In a ministerial meeting on economic affairs, Prime Minister Han Duck-soo and other ministers reviewed the Yoon Suk Yeol administration's trade achievements of the past two years and intr

Aug. 22, 2024

Samsung to widen gap with Chinese rivals with AI TVs

Samsung Electronics said it is confident in maintaining its No. 1 position in the global TV market by widening the gap with Chinese rivals with its advanced artificial intelligence technology. “We believe that AI TVs will be a unique differentiator that other companies do not offer, as it is not just a TV but a platform that can connect various devices customers own,” Yong Seok-woo, president and head of visual display business at Samsung Electronics, said during a press conference i

Aug. 22, 2024