SK Telecom sees rise of personal AI assistants as game changer

SK Telecom sees rise of personal AI assistants as game changer

BARCELONA – SK Telecom Co., South Korea’s top mobile carrier, sees the emergence of personal artificial intelligence assistants as a gam...

Samsung to launch its 1st Galaxy Ring in H2 2024

Samsung to launch its 1st Galaxy Ring in H2 2024

Samsung Electronics Co. will launch its first Galaxy Ring in the second half of this year as the South Korean tech giant is finalizing research and ...

HyperCLOVA X surpasses GPT-4 in Korean AI evaluation

HyperCLOVA X surpasses GPT-4 in Korean AI evaluation

South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Tuesday that its HyperCLOVA X has scored higher than OpenAI and Goog...

Softbank to join SK Telecom-led global AI joint venture

Softbank to join SK Telecom-led global AI joint venture

BARCELONA -- Japan’s SoftBank Group Corp. tied up with major global telcos such as South Korea’s top mobile carrier SK Telecom Co. and E...

LG Electronics to release 2024 OLED, QNED TVs

LG Electronics to release 2024 OLED, QNED TVs

LG Electronics Inc. announced on Monday that it will release the 2024 LG OLED TV and QNED (Quantum nano-emitting diode)  TV with enhanced artif...

Line launches AI Assistant services in Japan

Line launches AI Assistant services in Japan

Line Corporation announced on Friday that it has launched paid and free AI Assistant services within the LINE Messenger in Japan.LINE AI Assistant i...

AIMMO’s global push gains speed with US foray

AIMMO’s global push gains speed with US foray

South Korean AI-powered data solution-providing startup AIMMO Inc. is expediting its global push with an aggressive advance into the US market, wher...

SK C&C wins Korea’s nod for brain infarct diagnosis AI solution

SK C&C wins Korea’s nod for brain infarct diagnosis AI solution

SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, said on Thursday it has secured medical device...

SK Telecom develops AI-powered 6G air interface

SK Telecom develops AI-powered 6G air interface

SK Telecom Co., South Korea’s leading mobile carrier, has successfully proved the efficacy of artificial intelligence technology on the improv...

Lotte Chemical builds AI organizations

Lotte Chemical builds AI organizations

South Korea's Lotte Chemical Corp. announced on Thursday that it has established artificial intelligence (AI) organizations tailored to the characte...

AI device solution startup Sorcerics gets seed round

AI device solution startup Sorcerics gets seed round

South Korea’s artificial intelligence (AI)  smart device solution startup Sorcerics, founded by former Google and Microsoft employees, an...

Meta’s Zuckerberg to visit Korea on possible AI partnership

Meta’s Zuckerberg to visit Korea on possible AI partnership

Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc. plans to visit South Korea later this month and meet key figures including Pre...

Samsung’s mobile AI journey ‘just getting started’: TM Roh

Samsung’s mobile AI journey ‘just getting started’: TM Roh

For Samsung Electronics Co., the Galaxy S24 series is not just an upgrade to its previous flagship models. It’s an evolution that opens a new ...

SK Telecom invests in Lambda to foray into AI cloud market

SK Telecom invests in Lambda to foray into AI cloud market

SK Telecom Co., South Korea’s largest mobile carrier, said on Wednesday it has invested in Lambda, a graphics processing unit (GPU) cloud prov...

Samsung, Arm reinforce alliance on future AI chips

Samsung, Arm reinforce alliance on future AI chips

Samsung Electronics Co. will offer Arm Inc.’s most advanced central processing unit (CPU) optimized on its latest gate-all-around (GAA) techno...

LG to use AI for early detection of air conditioner anomalies

LG to use AI for early detection of air conditioner anomalies

LG Electronics Inc. has introduced an artificial intelligence technology for early detection of anomalies in its commercial air conditioning systems...

KT to participate in MWC 2024 with five Korean startup partners

KT to participate in MWC 2024 with five Korean startup partners

South Korea’s KT Corp. announced on Tuesday that it will participate in the world's largest mobile exhibition MWC 2024 to be held in Barcelona...

Hanwha Ocean develops draft measuring with drones

Hanwha Ocean develops draft measuring with drones

South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed a system that utilizes drones and ...

Samsung, LG go head-to-head in washer-dryer combo market

Samsung, LG go head-to-head in washer-dryer combo market

Samsung Electronics Co. and LG Electronics Inc., South Korea’s tech giants, are in cut-throat competition to lead the all-in-one, single-drum,...

Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds

Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds

South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...

SK Networks looks to triple operating profit by 2026 with AI

SK Networks looks to triple operating profit by 2026 with AI

SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...

Korea's military fund, LIG Nex1, IBK to form $60 mn defense fund

Korea's military fund, LIG Nex1, IBK to form $60 mn defense fund

South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, will create an 80 billion won ($60 mil...

Samsung wins first 2 nm AI chip order from Japan’s PFN; a snub to TSMC

Samsung wins first 2 nm AI chip order from Japan’s PFN; a snub to TSMC

Samsung Electronics Co., the world’s largest memory chipmaker, has won its first 2-nanometer node artificial intelligence chip production cont...

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics Co. is ramping up its recruitment of experienced professionals across its Device eXperience (DX) and Device Solution (DS) divisi...

KAI to invest $76 mn in unmanned fighter jets

KAI to invest $76 mn in unmanned fighter jets

Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...

SK Group’s Chey Tae-won heads to Europe, seeks AI partnerships at MWC

SK Group’s Chey Tae-won heads to Europe, seeks AI partnerships at MWC

SK Group Chairman Chey Tae-won will embark on a business trip to Europe next week as South Korea’s second-largest conglomerate seeks to streng...

SK Telecom to enter Australian pet clinics market in H1

SK Telecom to enter Australian pet clinics market in H1

South Korea’s SK Telecom Co. announced on Tuesday that it has signed a commercial contract with ATX Medical Solutions, Australia's largest m...

Mirae Asset's Nasdaq-listed chip ETF soars amid AI craze

Mirae Asset's Nasdaq-listed chip ETF soars amid AI craze

Mirae Asset Global Investments Co., one of the largest asset managers in South Korea, said on Thursday that its exchange-traded fund (ETF) TIGER US ...

KT’s 2023 sales rise to all-time yearly high on wireless, internet business

KT’s 2023 sales rise to all-time yearly high on wireless, internet business

South Korea’s leading telecommunications company KT Corp. on Thursday posted record annual sales revenue for 2023, buoyed by steady growth in ...

Doosan to form $75 mn fund for new techs

Doosan to form $75 mn fund for new techs

Doosan Investment, the corporate venture capital (CVC) arm of South Korea's Doosan Group, has formed a 100 billion won ($75 million) fund, focusin...

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