KoreaTimes - Tech

The Korea Times

The Korea Times

The Korea Times

Business

Tech

Thu, November 30, 2023 | 00:29

Merck considers further investment in Korea

Merck considers further investment in Korea

Merck, a German multinational science and technology company, is considering making further investments in Korea to strengthen its semiconductor supply chain, according to its Korean unit, Thursday.

2023-10-26 16:39

SK hynix cuts losses in Q3 on higher AI memory chip sales

SK hynix cuts losses in Q3 on higher AI memory chip sales

SK hynix posted an operating loss of 1.79 trillion won ($1.31 billion) in the third quarter, but the memory chip maker was able to reduce its deficit by focusing on high-priced and high-performance AI memory chips such as high-bandwidth memory (HBM), according to the company, Thursday.

2023-10-26 15:59

LG Energy Solution Q3 net soars on U.S. demand, tax credits

LG Energy Solution Q3 net soars on U.S. demand, tax credits

LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said Wednesday its third-quarter net profit more than doubled from a year earlier on strong demand in the United States and U.S. government's tax credits.

2023-10-25 13:32

Korea to take contingency plans as China curbs exports of key battery material

Korea to take contingency plans as China curbs exports of key battery material

Korea's industry ministry said Monday it will make contingency plans to ensure a smooth supply of some graphite products as China curbs exports of the key battery material.

2023-10-23 16:17

KT to export Mi:dm AI to Thailand

KT to export Mi:dm AI to Thailand

KT will export Mi:dm, its large language AI model, to Thailand and the Southeast Asian market as the Korean telecommunications company agreed on AI expansion in the region with the Thai telecom giant, Jasmine Group, the company said, Sunday.

2023-10-22 16:29

Samsung chief inspects chip R&D construction site

Samsung chief inspects chip R&D construction site

Lee Jae-yong, right, executive chairman of Samsung Electronics, visits the company’s Giheung campus in Yongin, Gyeonggi Province, Thursday, to inspect the construction site of a semiconductor R&D complex and review the company’s semiconductor business strategy. Courtesy of Samsung Electronics

2023-10-19 17:05

McKinsey expects GenAI to bring 'less toil, more joy'

McKinsey expects GenAI to bring 'less toil, more joy'

McKinsey & Company dismissed skepticism over the future of generative artificial intelligence (AI), saying the technology is unlikely to follow in the footsteps of Amazon’s hiring tool and IBM Watson, which both had disadvantages.

2023-10-19 16:53

Korea projected to join world's top 7 economies by 2040: McKinsey

Korea Times Forum navigates uncharted future of AI

Korea Times Forum navigates uncharted future of AI

Hundreds of participants, including ministers, ambassadors, and business insiders, at the Korea Times Forum, converged on a shared understanding: the digital revolution, ignited by artificial intelligence (AI), possesses the power to transform the landscape of possibilities, resetting our benchmarks for what can be achieved.

2023-10-18 16:17

Ethical framework crucial to cope with fast growth of AI: finance minister

'AI will have significant impact across all industries': McKinsey

'AI will have significant impact across all industries': McKinsey

OpenAI’s ChatGPT allowed many people to experience the revolutionary changes that generative AI can bring to our lives. This emerging technology is forecast to continue to develop and have a major impact across all industries, bringing about many changes in our lives, a partner at global consulting company McKinsey & Company said during the Korea Times Forum titled “Survival ...

2023-10-18 15:40

Experts see benefits of AI outweighing risks

‘AI will drive more companies to develop business models’

KT launches high-performance cloud specialized for AI service

KT launches high-performance cloud specialized for AI service

KT Cloud launched a powerful cloud computing service designed for AI service development, which will help boost its AI infrastructure business, the cloud subsidiary of KT said on Monday.

2023-10-16 16:09

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	Busan eyes Expo 2035 after losing to Riyadh

2	US, S. Korea cast doubt over NK's satellite photos

3	SPECIAL REPORTKorea should embrace cultural diversity in integrating immigrants

4	Saudi Expo win puts Korean firms in line for contracts

5	Journey into Tomorrow: Commemorating 140 years of Korean-German diplomatic relations

6	Busan citizens disappointed but ready for World Expo 2035 bid

7	Birthrate might fall below 0.7 in Q4

8	Chanel, Hermes, Nike rectify customer policies after FTC warning

9	Air Force awards 2 warrant officers as top air defense weapons controllers

10	Retailers, food firms rush to reduce workforce amid economic downturn

DARKROOM