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The Korea Times

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Asia

The Korea Times

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Tech

Thu, March 23, 2023 | 10:47

Parliamentary committee passes bill on expanding tax incentives for chipmakers

Parliamentary committee passes bill on expanding tax incentives for chipmakers

The parliamentary strategy and finance committee Wednesday passed a bill aimed at supporting the semiconductor industry by giving bigger tax incentives to chipmakers.

2023-03-22 14:33

Chips Act incentives limit expansion of semiconductor manufacturing capacity in China by 5%

Chips Act incentives limit expansion of semiconductor manufacturing capacity in China by 5%

The U.S. CHIPS and Science Act will limit to 5 percent the expansion of semiconductor manufacturing capacity in foreign countries of concern for companies that receive funds under the new act, the U.S. Department of Commerce has announced.

2023-03-22 09:40

Korea, Israel to jointly invest $10 mln in smart car tech development

Korea, Israel to jointly invest $10 mln in smart car tech development

South Korea and Israel agreed Tuesday to jointly invest $10 million in the development of key technologies for the smart mobility sector over the next three years, Seoul's industry ministry said.

2023-03-21 21:17

Kakao criticized for half-baked AI chatbot

Kakao criticized for half-baked AI chatbot

Kakao users expressed their disappointment with ddmm, Kakao's new artificial intelligence (AI)-based chatbot service, which became unavailable Monday, just a day after the launch of its beta service. Although the Korean IT firm promised to resume the service soon, incorrect answers given by the chatbot caused concerns that the company may lose its ground amid the intensifying...

Park Jae-hyuk | 2023-03-21 15:41

Samsung seeks to overcome downturn with energy-efficient home appliances

Samsung seeks to overcome downturn with energy-efficient home appliances

Samsung Electronics on Tuesday unveiled the lineup of its new range of energy efficient Bespoke home appliances, in a move to attract Korean consumers and satisfy strict environmental regulations in Europe and elsewhere. The tech giant said it will improve its profitability this year with upgraded products equipped with artificial intelligence (AI) technology.

Park Jae-hyuk | 2023-03-21 14:28

Auto exports hit record high in Feb. on high demand for eco-friendly cars

Auto exports hit record high in Feb. on high demand for eco-friendly cars

Korea's car exports jumped nearly 50 percent in February on-year to reach an all-time high on the back of solid demand for eco-friendly cars, data showed Monday.

2023-03-20 11:37

Korean startup Innospace launches test launch vehicle HANBIT-TLV

Korean startup Innospace launches test launch vehicle HANBIT-TLV

Innospace, a Korean space startup, said Monday its suborbital test launch vehicle, HANBIT-TLV, has been launched.

2023-03-20 10:14

Korea sees EU's new acts on critical raw materials, net-zero goals as 'not discriminatory'

Korea sees EU's new acts on critical raw materials, net-zero goals as 'not discriminatory'

The latest acts announced by the European Union on critical raw materials and net-zero goals do not contain discriminatory clauses against foreign companies, unlike the United States' Inflation Reduction Act (IRA), Korea's industry ministry said Friday.

2023-03-17 13:51

Samsung Display launches service to identify its OLED screens on phones

Samsung Display launches service to identify its OLED screens on phones

Samsung Display launched a service that helps users to find out whether their smartphones are equipped with the company's organic light-emitting display (OLED) screens. Called OLED Finder, the service is part of the display maker's efforts to confirm that consumers are using its products, the company said on Thursday.

Baek Byung-yeul | 2023-03-16 15:53

KAIST develops ultra-fast PIM chip for AI service

KAIST develops ultra-fast PIM chip for AI service

A research team at Korea Advanced Institute of Science and Technology (KAIST) developed a processing-in-memory (PIM) chip that added an arithmetic unit for the first time in the industry, which could be utilized as a memory chip for artificial intelligence (AI) services that require high-performance data processing, the Ministry of Science and ICT said Tuesday. The research t...

Baek Byung-yeul | 2023-03-14 16:38

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