Most Popular
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Actor Song Jae-rim dies at 39
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'Are you a T?' is a new put-down in S. Korea
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Bitcoin hits record in Korea, even without ‘kimchi premium’
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Trump sours K-food outlook in US
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Korean study finds 'obese' BMI may actually be healthiest
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Boston Dynamics robot dog joins Trump’s security detail
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Suneung for all: Opportunity, redemption and the right to dream
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Hyundai’s Atlas robot takes the spotlight as Tesla's Optimus stumbles
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Korean model admits drug use, seeks help from embassy in Manila: report
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[Herald Interview] 'Korea, don't repeat Hong Kong's mistakes on foreign caregivers'
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KB Kookmin Bank to launch ‘Starbucks Account’ for coffee aficionados
KB Kookmin Bank and Starbucks Korea on Wednesday announced a partnership to launch a bank account product exclusively for local devotees of the US coffee chain. Set for launch in early 2025, the new partnership will introduce the first-ever "Starbucks Account," a savings account tailored to Starbucks customers, offering unique benefits that blend banking services with daily coffee purchases. Additionally, KB Kookmin Bank’s digital certificate service will be integrated into the S
Oct. 16, 2024
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RIAD launches new AI-powered platform for booking group travel
RIAD Corporation, a South Korean travel startup specializing in B2B trade, has launched a new AI-powered trading platform called RIA, aimed at automating the coordination of group bookings between hotels and travel agents. The new platform allows business clients to save time when handling group bookings, streamlining the process from days of back-and-forth communication to just minutes. “Traditionally, the group booking process relied heavily on analogue methods such as emails, phone call
Oct. 16, 2024
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Starlink services may be available in S. Korea next year: sources
US space firm SpaceX may launch its Starlink satellite internet services in South Korea next year, industry sources said Tuesday. According to the sources, the science ministry had notified the revisions of related regulations for Starlink's internet services. After a six-month period, the science ministry will launch the process for the approval of a deal between SpaceX and its Korean unit, Starlink Korea. The sources said once all required processes are completed, SpaceX will launch the s
Oct. 15, 2024
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Samsung Display showcases OLED for AI monitors in Taipei
South Korean display maker Samsung Display showcased its latest organic light-emitting diode panels for monitors and laptops optimized for artificial intelligence applications at the Samsung OLED IT Summit in Taipei, Taiwan, Tuesday. To address growing demand for OLED panels in the IT device market, Samsung Display reorganized its original Samsung OLED Forum as the Samsung OLED IT Summit to emphasize its focus on OLED panels for IT devices, the company said. Some 300 officials from 20 companies,
Oct. 15, 2024
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[Photo News] Masterpiece on the frame
Samsung Electronics said Tuesday it has forged an exclusive partnership with the Museum of Modern Art in New York to showcase a curated collection of 27 masterpieces, including Piet Mondrian's Trafalgar Square, on The Frame, the company's premium TV. Samsung said users will be able to enjoy iconic artworks of the most distinguished artists in 4K quality directly in their homes via Samsung Art Store, the company’s digital curator service. (Samsung Electronics)
Oct. 15, 2024
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Korean chipmakers should not repeat mistakes of Toshiba, Intel: ex-ministers
Former industry and science ministers urged the government to take a more proactive approach to support the domestic chip industry, including providing direct subsidies, to maintain an edge in the intensifying global semiconductor race. Five former ministers and chip experts on Monday discussed the future of Korea's chip industry at a special panel discussion organized by the Federation of Korea Industries in Seoul, where they agreed on the need for "all-around" support from the g
Oct. 14, 2024
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[Herald Interview] JM.Wave 'repowers' pollutant vehicles into emissions-free EVs
As global carmakers rush to make the costly transition to carbon-free electric vehicles, Park Jeong-min, CEO of the Seoul-based startup JM.Wave, asks, “What about the remaining internal combustion engine cars?” The 7-year-old company holds the "repowering technology" that converts vehicles with internal combustion engines into EVs. It is also the first to get regulatory sandbox approval from the Ministry of Land, Infrastructure and Transport after passing a safety verificat
Oct. 13, 2024
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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