LG AI center joins forces with Parsons School for creative AI development 

LG AI center joins forces with Parsons School for creative AI development 

South Korea’s LG Corp. announced it signed an academic collaboration agreement with the New York City-based Parsons School of Design on Monday...

Hancom to focus on cloud computing and AI services

Hancom to focus on cloud computing and AI services

South Korea’s homegrown software giant Hangul and Computer Group, also known as Hancom Inc. Group, is slated to transform itself into a cloud ...

Naver Webtoon to pursue profitability with more paying subscribers

Naver Webtoon to pursue profitability with more paying subscribers

South Korea’s Naver Webtoon Corp. is seeking to increase the number of its paying subscribers as the company is shifting its business paradigm...

Demand for Samsung foldables keeps smartphone parts makers busy

Demand for Samsung foldables keeps smartphone parts makers busy

Smartphone parts suppliers to Samsung Electronics Co. are running their plants at full capacity as the South Korean tech giant’s latest fold...

LG unveils AI ethics principles focusing on respect to humans

LG unveils AI ethics principles focusing on respect to humans

LG Group announced on Wednesday artificial intelligence ethics principles focusing on respect for humans that employees in the sector must follow as...

Hyundai Motor to redirect its TaaS, AI functions to self-driving arm 42dot 

Hyundai Motor to redirect its TaaS, AI functions to self-driving arm 42dot 

Hyundai Motor Group will redirect the core functions of its Transportation-as-a-Service (TaaS) division and AIRS Company to its recently acquired se...

Drones, AI, big data power Korean fisheries’ earnings

Drones, AI, big data power Korean fisheries’ earnings

The Jubilee, a 2,200-ton tuna fishing vessel operated by South Korea’s leading fishing company Dongwon Industries Co., has been using drones t...

Silicon Valley-based AI startup Allganize revs up to go public in Japan 

Silicon Valley-based AI startup Allganize revs up to go public in Japan 

Allganize Inc., a Silicon Valley-based artificial intelligence (AI) startup, recently announced the company will relocate some of its headquarters f...

Boston emerges as Korean firms’ R&D hub for AI, batteries

Boston emerges as Korean firms’ R&D hub for AI, batteries

Top South Korean conglomerates Samsung and Hyundai have selected Boston as the home of their first overseas research centers for batteries and artif...

Hyundai to set up AI robotics R&D center near Boston

Hyundai to set up AI robotics R&D center near Boston

South Korea’s Hyundai Motor Group will set up an artificial intelligence research center in the Boston area to develop AI-driven robotics tech...

Foldable smartphones will go mainstream at Samsung: Mobile chief

Foldable smartphones will go mainstream at Samsung: Mobile chief

NEW YORK – Samsung Electronics Co. has vowed to make foldable smartphones its mainstream products in the high-end segment, setting its sales t...

Samsung’s new foldables: High-stakes game changers in smartphones

Samsung’s new foldables: High-stakes game changers in smartphones

Samsung Electronics Co. on Wednesday unveiled its fourth-generation foldable phones – new additions to its high-end line of Galaxy Z Fold and ...

LG Group to launch AI education programs for teenagers

LG Group to launch AI education programs for teenagers

South Korea’s LG Group will include teenagers in its mid- to long-term project to nurture artificial intelligence talent, as AI technology is ...

Voyager X plans to beat conglomerates by executing weird, unique ideas

Voyager X plans to beat conglomerates by executing weird, unique ideas

Voyager X is a relatively new artificial intelligence (AI) startup in South Korea. Its founder Nam Se-dong, however, has been a well-known figu...

Chips, forex gains shore up Samsung's Q2 earnings

Chips, forex gains shore up Samsung's Q2 earnings

Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...

Korean smartphone parts makers' stocks rebound in July

Korean smartphone parts makers' stocks rebound in July

South Korea’s smartphone parts makers' shares are showing signs of a rebound following a steady decline since early this year. China’s s...

Korea startup unveils AI for sleep study with smartphones

Korea startup unveils AI for sleep study with smartphones

A South Korean startup has unveiled an artificial intelligence model for medical analysis of sleep based on breathing sounds recorded by smartphones...

Patents, LG Elec.’s legacy from smartphone business

Patents, LG Elec.’s legacy from smartphone business

LG Electronics Inc., the global home appliance leader, is targeting the quickly growing global earbuds market with new products based on technologie...

South Korean firms roll out AI chatbots that tug at the heartstrings

South Korean firms roll out AI chatbots that tug at the heartstrings

If you are using artificial intelligence-powered chatbot services in South Korea, you may soon be receiving messages like this: “Would you lik...

AI-powered translation startup XL8 raises $2.7 million in bridge investment

AI-powered translation startup XL8 raises $2.7 million in bridge investment

Artificial intelligence-powered translation startup XL8 Inc. said on Monday it raised 3.6 billion won ($2.7 million) in a bridge round prior to Seri...

Samsung Elec. to launch Korea's first dual SIM smartphones in August

Samsung Elec. to launch Korea's first dual SIM smartphones in August

Samsung Electronics Co. is slated to enable embedded subscriber identity modules (eSIMs) into its new foldable smartphones available in South Korea ...

KT injects $23 mn into fabless startup Rebellions

KT injects $23 mn into fabless startup Rebellions

South Korean fabless startup Rebellions Inc. received a 30 billion won ($23 million) extension to its Series A funding from telecom giant KT Corp.KT...

Plagiarism scandal hits top S.Korean university over AI-themed papers

Plagiarism scandal hits top S.Korean university over AI-themed papers

South Korea's most prestigious university is embroiled in a plagiarism scandal after two papers it published on artificial intelligence are believed...

South Korea to invest $794 million in AI chips, nurture 7,000 experts

South Korea to invest $794 million in AI chips, nurture 7,000 experts

The South Korean government has decided to invest 1.02 trillion won ($794 million) in the artificial intelligence semiconductor sector and foster ov...

DeepBrain AI to bring back deceased loved ones – virtually 

DeepBrain AI to bring back deceased loved ones – virtually 

Perhaps we will soon not be remembering our loved ones only through photos.Imagine a virtual rendition of the deceased speaking at his or her memori...

SK Telecom blocks voice phishing via AI, police database

SK Telecom blocks voice phishing via AI, police database

SK Telecom Co., a South Korean major mobile carrier, is strengthening its spam call filtering system to prevent voice phishing. The system blocked 3...

LG CNS launches AI robot subscription service for warehouse operators

LG CNS launches AI robot subscription service for warehouse operators

LG CNS unveiled a cloud-based logistics robot subscription service on Tuesday, which could save warehouse operators a significant amount in upfront ...

LG Elec looks to pluck AI talent from Amazon, Microsoft

LG Elec looks to pluck AI talent from Amazon, Microsoft

LG Electronics Inc.’s artificial intelligence head Lee Hyun-chul flew to Seattle this week to lure AI talent from Microsoft Corp. and Amazon.c...

LG Uplus to strengthen AI and data businesses with launch of voicebot

LG Uplus to strengthen AI and data businesses with launch of voicebot

LG Uplus Corp., the mobile network arm of LG Corp., is poised to strengthen its business-to-business (B2B) operations by utilizing its artificial in...

KT to spend near $10 bn on digital platform by 2026

KT to spend near $10 bn on digital platform by 2026

KT Corp., a South Korean telecom giant, plans to invest nearly $10 billion in its digital platform sector by 2026 as it aims to focus on the industr...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit