Hyundai Motor Group to take full control of Boston Dynamics

Hyundai Motor Group is set to take full control of Boston Dynamics after SoftBank exercised a put option on its remaining 9.65 percent stake in the US robotics company, as the Korean auto group accelerates its push into physical artificial intelligence. Hyundai said Thursday that SoftBank exercised the option under a 2020 agreement that allows the Japanese technology investor to sell its common shares in Boston Dynamics. Boston Dynamics is currently 28 percent owned by Hyundai Motor, 22.6 percen

2026-07-16 13:35:24:00

Wider fold to AI glasses: Five things to watch at Samsung Unpacked

Samsung Electronics is set to unveil its next-generation foldable phones and wearable devices at Galaxy Unpacked in London on July 22, with a new wider book-style foldable phone, a separate Ultra foldable model and an expanded lineup of devices powered by artificial intelligence expected to take center stage. Held under the slogan “A New Shape Unfolds,” the event is expected to go beyond the annual refresh of Samsung’s book-style Fold and clamshell Flip lineups. While Samsung has yet to confirm

2026-07-16 11:44:37:00

KT trains AI field engineers with Palantir for B2B push

KT Corp. is stepping up efforts to train forward-deployed engineers, or FDEs, with US artificial intelligence software company Palantir Technologies as it seeks to expand its business-to-business AI transformation services. “AI transformation is not simply about adopting AI. It is about putting AI to work in the field and using it to solve real problems,” Byun Woo-chul, senior vice president of the P-FDE department under the AX engineering unit at KT's AX business division, said during an online

2026-07-16 11:44:02:00

Samsung unveils titanium display for next Galaxy foldables

Samsung Electronics on Wednesday unveiled a titanium-based display technology for its next Galaxy foldables that it says will reduce crease visibility, improve durability and help make the devices slimmer and more power-efficient. Called Flex Titanium, the technology will debut in Samsung’s eighth-generation foldable smartphone lineup, set to be unveiled at the Galaxy Unpacked event in London on July 22. Developed from expertise accumulated over seven generations of foldable devices, Flex Titani

2026-07-15 14:18:07:00

Coupang secures injunction in FTC ownership dispute

A Seoul appeals court on Tuesday suspended the Fair Trade Commission's decision to designate Coupang founder Bom Kim as the e-commerce giant's controlling figure, or "same person," putting the accompanying disclosure requirements on hold while the case proceeds. The Seoul High Court's Administrative Division 7 granted an injunction sought by Coupang, Kim and other plaintiffs, suspending both the designation and the FTC's request that Kim submit additional disclosure information. The suspension w

2026-07-14 14:55:36:00

Korean firms moving beyond AI pilot projects: Google

Korean companies are moving beyond artificial intelligence pilot projects and embedding the technology into their core operations, the heads of Google Korea and Google Cloud Korea said Tuesday. "Korea was often described as a global test bed during the shift from desktop to mobile," Brandon Yoon, country managing director of Google Korea, said at the event Google AI for Business 2026 in Seoul. "In the AI era, it has become a battleground where the world's leading players compete head-on. What ha

2026-07-14 13:48:46:00

Beyond thinness: Samsung, Apple enter foldable showdown

Samsung Electronics will unveil its next-generation Galaxy foldables in London on July 22, looking to widen its lead before Apple enters the market with a first-generation device likely to face immediate scrutiny over its thickness, battery life and durability. The launch comes a year after the two companies tested demand for ultrathin phones, with the 5.8-millimeter Galaxy S25 Edge pitted against the 5.6-millimeter iPhone Air. Market research firm International Data Corp. estimated that Samsung

2026-07-13 14:45:24:00

Simular sees Korea’s hardware edge in AI agent era

Korea’s next artificial intelligence opportunity might not stop at chips, smartphones or devices. It may hinge on whether those devices can become the “bodies” for AI agents that operate computers and carry out work on behalf of humans. For Ang Li, CEO and co-founder of California-based AI agent startup Simular and a former Google DeepMind researcher, the shift now underway in AI is not simply from one chatbot to another. It is from AI that responds to users to AI that can use computers for them

2026-07-10 15:53:58:00

SK hynix sets foreign IPO record with $26.5b Nasdaq offering

SK hynix has priced its Nasdaq offering of American depositary receipts at $149 apiece, setting the deal at about $26.5 billion. The South Korean memory chipmaker said Friday it would offer 177.9 million ADRs, with each receipt representing one-tenth of a common share traded in Seoul. The offer price translates into a roughly 2.9 percent premium to SK hynix’s closing price of 2.19 million won ($1,450) on the Korean stock market Thursday. Large equity offerings are typically priced at a discount

2026-07-10 10:15:56:00

SK chief heads to New York for SK hynix’s Nasdaq debut

SK Group Chairman Chey Tae-won is set to attend SK hynix’s Nasdaq debut ceremony in New York this week, as the chipmaker moves to court global investors on the strength of its AI memory business. He will be joined at the Friday morning event by SK hynix CEO Kwak Noh-jung and other senior executives, according to industry sources on Thursday. The event is expected to give SK hynix’s management a chance to brief investors on its AI memory business and longer-term growth plans. Chey’s attendance co

2026-07-09 14:01:02:00