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OpenAI CEO Sam Altman told President Lee Jae Myung that the company hopes to use Korea as a testbed for its first hardware product, the presidential office said Tuesday. The two met in San Francisco on Friday to discuss expanding cooperation, including on next-generation AI devices. Senior presidential spokesperson Kang Yu-jung said Altman "expressed expectations for using Korea as a testbed" for the device, which is due in the first quarter of next year, and signaled a willingness to broaden th
Naver disclosed Monday that Nvidia will buy a 4.5 percent stake through a 1.48 trillion won ($1 billion) share sale, attaching binding terms to one part of the $10 billion AI infrastructure package the two companies unveiled with Canadian asset manager Brookfield in San Francisco last week. The filing sets the issuance at 7,241,564 new common shares priced at 204,500 won each, roughly 1.4 percent below Friday's close, with payment due Oct. 30. It is Naver's first third-party share allocation sin
ChangXin Memory Technologies surged 472 percent at the opening of its Shanghai debut on Monday, briefly becoming China’s most valuable domestically listed company with a market capitalization of about 3.3 trillion yuan ($487 billion). But the line that matters most to Korea’s memory industry has been hiding in plain sight for months. In its listing prospectus, CXMT said it would deploy 29.5 billion yuan. Nearly 70 percent, or 20.5 billion yuan, goes to wafer lines and upgrading DRAM processes it
LONDON — Samsung Electronics has rebuilt its Galaxy Z8 foldables around titanium and silicon-carbon, betting that a new display structure and battery can make them thinner, tougher and longer-lasting. The overhaul goes beyond individual components, with Samsung redesigning the display, hinge, battery and thermal management system as an integrated platform rather than upgrading each part separately. "You cannot create meaningful innovation by improving just one component," Moon Sung-hoon, head of
South Korea moved to cement its role in the global artificial intelligence supply chain Friday as Samsung Electronics and SK Group unveiled massive AI infrastructure partnerships with leading US technology companies under President Lee Jae Myung's "San Francisco AI Declaration." The initiatives, announced at the San Francisco AI Summit, form part of nearly $950 billion (about 1,390 trillion won) in planned cooperation spanning semiconductors, AI infrastructure, robotics and autonomous driving. T
LONDON — Barely into a 2.5-kilometer run through St. James’s Park, a warning flashed on the Samsung Electronics’ Galaxy Watch9 strapped to my wrist: At my current pace, I was unlikely to make it to the finish. I had gone out too fast. I eased off, followed the prompts and began distributing my energy more carefully. By the end, I had enough left to complete the course. This Korea Herald reporter's run took place Thursday, a day after Samsung unveiled the Watch9 at Galaxy Unpacked 2026 in London.
LONDON — Samsung Electronics is betting that a lighter design and all-day comfort will help its first Galaxy AI glasses challenge Meta in the fast-growing smart eyewear market. “Meta and other competitors already have glasses on the market, but Samsung is taking a different approach,” Choi Jae-in, head of the extended reality research and development team at Samsung Electronics’ Mobile eXperience division, said at a product briefing at Old Billingsgate in London on Thursday. “We believe Samsung
AMD has begun production of Helios, the AI server rack it is positioning against Nvidia's data center systems, with Samsung Electronics supplying the high-bandwidth memory inside it. AMD CEO Lisa Su announced the milestone Thursday at the company's Advancing AI conference held in Seoul. According to Su, shipments will begin late in the third quarter and expand in the fourth. Helios is sold as a complete cabinet rather than as individual chips. Each unit contains 72 Instinct MI455X accelerators t
Krafton said Thursday it has made a strategic investment in Neon Commerce, a global game commerce infrastructure firm, as the Korean game developer moves to build its own payment ecosystem and strengthen direct engagement with players worldwide. Building on the partnership with Neon Commerce, Krafton plans to accelerate the development of its proprietary payment system and bolster its global commerce capabilities. "This investment is an important step toward building more direct relationships w
LONDON — Samsung Electronics said Wednesday it would continue to offer its most competitive Galaxy foldable pricing in Korea, even as soaring memory costs threaten to push smartphone prices higher worldwide. “Our aim is to offer Korean consumers the most competitive prices anywhere in the world, and we will do our utmost to keep it that way,” Roh Tae-moon, Samsung Electronics co-CEO and head of its Device eXperience division, said Wednesday at a briefing with Korean reporters at Old Billingsgate
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