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Korean materials startup aweXome Ray said Monday it has raised 7.5 billion won ($5.3 million) and opened a dedicated production line for carbon nanotube membranes used in extreme ultraviolet pellicles, taking its first step from research toward commercial supply. The company said customer evaluations are underway, with initial deliveries and revenue expected once they are completed. It did not identify potential customers or specify when supply would begin. The new clean room line in Anyang, Gye
LG Innotek is heading into Apple's September iPhone launch off its best-ever first half, pushing on two fronts: a variable-aperture camera module now ramping up for the iPhone 18 Pro, and a longer-term expansion in the semiconductor substrates used in AI servers. The Korean parts maker is supplying the module for a variable-aperture main camera expected in the iPhone 18 Pro, the first iPhone to use it. Adjustable apertures are standard on conventional camera lenses but new to the iPhone, which h
LX Semicon, South Korea's largest fabless chipmaker, has begun mass-producing its first automotive microcontroller unit and started shipping it to Hyundai Motor and Kia, the company said Monday. The Daejeon-based firm is part of the LX group, which was spun off from LG in 2021, and is best known as a supplier of display driver chips. The chip, called the LX61101, handles an essential job inside the car: Controlling small motors that move things like windows, mirrors and aerodynamic flaps. One ap
SK hynix said Friday it will invest about 54 trillion won ($38.1 billion) to build new semiconductor fabs in Yongin and Cheongju, accelerating its capacity expansion as artificial intelligence drives demand for memory chips. The chipmaker’s board approved 35.2 trillion won for Y2, its second fab at the Yongin Semiconductor Cluster in Gyeonggi Province, and 19.1 trillion won for M17, a new NAND flash production facility in Cheongju, North Chungcheong Province. The investments are part of a long-t
Naver said Friday during its second-quarter earnings call that its artificial intelligence factory business with Nvidia was expected to begin generating revenue in the first half of 2027. Chief Executive Officer Choi Soo-yeon said the factory, which will provide large-scale computing capacity for AI, would launch with 55 megawatts of capacity in 2027. This is set to expand to 100 MW by the end of that year and 200 MW in 2028. The company ultimately aims to build out the infrastructure to the gig
LG AI Research said Friday its Exaone models for tabular data analysis and time-series forecasting had topped global AI benchmarks, outperforming competing models from tech giants including Google and Alibaba. The benchmarks measure how well AI models make predictions using data from industries such as chemicals, healthcare, finance and manufacturing. Exaone Tabular, LG’s foundation model for structured data, posted an ELO rating of 1,760, ahead of Google’s TabFM at 1,749. Trained on large volum
Kakao has ruled out entering the capital-intensive AI infrastructure business, betting instead on consumer services built into KakaoTalk, its dominant mobile messenger. During its second-quarter earnings call Thursday, the Korean platform operator said it had considered AI data centers and GPU cloud services but concluded they offered little competitive advantage. “We determined that the infrastructure layer is not where Kakao can become most competitive in the AI era,” CEO Chung Shin-a said. “K
LG Uplus posted a record quarterly operating profit in the second quarter as rapid growth in its artificial intelligence data center business and cost-cutting efforts offset a decline in overall revenue, the company said Thursday. Operating profit rose 13.1 percent on-year to 344.5 billion won ($243.4 million), while revenue fell 3.9 percent to 3.69 trillion won. Service revenue, which excludes handset sales, increased 2 percent to 3.08 trillion won, and net profit edged up 0.3 percent to 217.7
Cohere will establish a standalone legal entity as its Asia-Pacific headquarters in Seoul as it expands operations and handles rising sovereign AI needs in the region, the Canadian AI startup said Wednesday. In a press conference in Seoul, Cohere announced it will expand its APAC business fourfold by the end of 2027. "Korea is one of the most dynamic competitive markets in the world, and we believe expanding our solution here in Korea would be a great test case to be able to expand it throughou
Samsung Electronics is placing high-bandwidth memory directly on top of AI processors, unveiling a 3D architecture that requires less power to deliver faster data transfers. The tech giant is showcasing concept models of the architecture, called zHBM, and a NAND flash solution dubbed zNAND-O at Future of Memory and Storage 2026, held from Tuesday to Thursday at the Santa Clara Convention Center in California. Samsung described the two concept models as industry firsts. Conventional HBM packages
Samsung, LG take AI home race beyond appliances at IFA 2026
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