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Fitness Candy, a fitness tech joint venture between South Korean tech giant LG Electronics and K-pop powerhouse SM Entertainment, said Thursday it will be liquidated some two years after its creation. The decision came after its shareholders approved the dissolution of the company and the beginning...
Samsung Electronics, the world's top memory chip maker by revenue, has developed the industry's fastest LPDDR5X memory chip optimized for on-device artificial intelligence applications, the company said Wednesday. The new Low Power Double Data Rate 5X manifests the highest performance of up to 10.7...
LG Electronics unveiled the ambitious target of 1 trillion won ($722 million) in sales solely from built-in appliances by 2027 at this year’s Milan Design Week, one of the largest international design and furniture exhibitions. “Within three years, we will be able to make our built-in (...
Samsung Electronics, the world's largest memory chipmaker, said Wednesday it has developed the industry's first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications. The new chip supports the industry's highest performance of up to 10.7 gigabits-per-sec...
World IT Show 2024, the largest information and communications technology exhibition in South Korea, kicked off Wednesday in Seoul to showcase cutting-edge technologies of local and global companies, its organizer said. The three-day event is themed on "Innovation in everyday life, created by ...
Line Next, the Web3 unit of Japanese-based LY Corp., has redefined the digital market with its mobile service Dosi, which made its official debut in January this year. Line Next says it has transformed Dosi from an NFT platform into a dynamic digital service that integrates Web3 technology with exi...
South Korea’s total market cap increased by nearly 100 trillion won ($72 billion) during the first quarter of this year, backed by jumps in stock prices in key industries, including semiconductors, data showed Tuesday. According to a report from local corporate tracker Korea CXO Institute, th...
SK Group, South Korea's chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK Group's emergence was helped by a sharp increase in the value of its chip-making affilia...
Samsung Electronics is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of $6.4 billion from the US government and its extended investment plan. Under the Biden Administration's announcement, the South Korean ch...
The US government announced Monday that it will award up to $6.4 billion to Samsung Electronics for its chip fabrication facilities in Taylor, Texas. "The return of leading-edge chip manufacturing to America is a major new chapter in our semiconductor industry," said White House National ...
Samsung Electronics and LG Electronics, the leading home appliance giants in Korea, are participating in this year’s Milan Design Week this week to showcase their new built-in appliances incorporating artificial intelligence and connectivity. Milan Design Week is one of the largest internatio...
LG Uplus CEO Hwang Hyeon-sik traveled to Silicon Valley and hosted a special event to lure young talents in the field of artificial intelligence, the telecom carrier said Monday. Hwang hosted the “2024 LG Uplus AI Visionaries Summit" at the Four Seasons Hotel Silicon Valley in San Franci...
Korean IT giant Kakao joined AI Alliance, the global open-source community dedicated to the responsible development of artificial intelligence, becoming the first Korean firm to do so, the company said Friday. “We will work together with the AI Alliance to establish an open AI ecosystem meeti...
Kakao said Friday it has joined a global consortium that promotes open-source artificial intelligence (AI) research and development, becoming the first South Korean corporate member of the initiative. Kakao said it is the first South Korean firm to join the AI Alliance led by global tech giants IBM...
Kakao Healthcare, the digital health care unit under platform giant Kakao, announced Thursday that the company would boost its collaboration with Google to improve its cloud-based data platform. The announcement came after Kakao Healthcare CEO Hwang Hee shared the company's recent progress with Hea...
Samsung chief returns from Europe after meeting with Pope, business leaders
Hugel to develop next-generation botulinum toxin product
B-Robotics teams up with Hanwha Robotics for restaurant automation
Samsung Life Science Fund invests in US gene therapy firm
Hyundai Motor aims to lead hydrogen truck business in US
KASA chief vows full support for private-led space missions