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Multiple spelling errors have been found in the Korea AeroSpace Administration’s English-language job application, raising questions about the country’s professionalism and sincerity in recruiting professionals from overseas to its soon-to-be-established space body. KASA’s English...
Spatial information firm Dabeeo has been selected for investment by Defense Innovation Technology Investment Consortium No. 1, South Korean fund for fostering future defense technology. The fund is formed by the Military Mutual Aid Association, IBK Capital, and LIG Nex1, a leading South Korean defe...
South Korean chipmaker SK hynix said Thursday it will invest $3.87 billion to build an advanced packaging fabrication and R&D facility in the United States amid intensifying competition in the high-performance artificial intelligence (AI) memory semiconductor sector. The new facility, located i...
Samsung Electronics on Wednesday unveiled its latest lineup of home appliance innovations with the global launch of its artificial intelligence (AI)-powered products in a bid to offer synchronizing consumer experiences worldwide. At a press conference in Seoul, the tech giant unveiled its latest BE...
The financial regulator and Naver, the top online portal operator, signed an agreement Wednesday on cooperation for the digitalization of the financial sector. Under the memorandum of understanding, the Financial Supervisory Service (FSS) will seek to utilize Naver's latest information technology, ...
As governments around the world fiercely compete to boost their semiconductor industries by distributing large subsidies, South Korea is pointed out as falling behind other chip powerhouses, raising concerns about the gap widening in the future. On Tuesday, the Japanese Ministry of Economy, Trade a...
Samsung Electronics has established a special team dedicated to High Bandwidth Memory, going all-out to get an edge in the advanced memory chip, which is currently in the spotlight as a key component in raising the processing speed for artificial intelligence applications. Highlighting the importan...
Samsung Electronics said Friday it has opened a new TV experience zone in Singapore's Jewel Changi Airport -- the lush entertainment and retail complex connecting Changi Airport's terminals 1, 2 and 3 -- to introduce its latest products. The tech giant will display there its newest products, includ...
Korean IT giant Kakao on Thursday appointed Chung Shin-a as its first female, chief while it is facing urgent challenges in revamping its corporate culture and management. The announcement was made as she gained a nod from shareholders during the annual meeting and a separate approval from the boar...
Marking the 40th anniversary of its founding, SK Telecom, South Korea's largest wireless carrier by the number of accounts, promised to transform into a global artificial intelligence company, Thursday. The mobile carrier, first established in March 1984 under the name, Korea Mobile Telecommunicati...
In the latest artificial intelligence boom, SK hynix will boost sales of its high bandwidth memory, or HBM, a critical chip to generative AI tools, to improve profitability, SK hynix Chief Executive Officer Kwak Noh-jung said at a general shareholders meeting Wednesday. Concerning the Wall Street J...
LG Group said Wednesday it will invest 100 trillion won ($74.4 billion) in South Korea by 2028 to sharpen future technologies and seek new growth drivers. Unveiled at the group's annual shareholders meeting in Seoul, the long- and mid-term investment plan places an emphasis on advancing future tech...
LG Electronics Chief Executive Officer Cho Joo-wan vowed "winning" changes and growth to overcome continuing uncertainties in the business environment at the regular shareholders meeting on Tuesday. Organizing this year's shareholders event under the concept of "openness," the c...
South Korea's major appliances company LG Electronics said Tuesday it will pay out more dividends to its shareholders in a move to increase shareholder value. At an annual shareholders' meeting in Seoul, CEO Cho Joo-wan announced a new shareholder return policy for the next three years, improving t...
From the red and blue shortcut buttons with Netflix and Disney+ logos to fancier features and operating systems, Samsung Electronics and LG Electronics, the world’s top two TV makers, are pouring resources into content, not just hardware itself, to elevate profits. Remote control devices have...
SK hynix profits soar on AI chip boom
Korea enters clear growth path as Q1 growth hits 2-year high
Hyundai, Kia seek to boost presence in China market
7 out of 10 wealthy Koreans offer grim outlook for 2024
[KH Explains] Korean shipbuilding stocks rally: Real growth or bubble?
[Hello India] Hyundai Motor vows to boost 'clean mobility' in India