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Thursday, March 28, 2024

BUSINESS

Samsung, LG win big at CES 2024 Innovation Awards

Samsung Electronics and LG Electronics swept prizes at CES 2024 Innovation Awards, which were held before the trade show that will take place next...

Yoon, Apple CEO stress supply chain cooperation in surprise meeting

President Yoon Suk Yeol held a surprise meeting with Apple CEO Tim Cook, discussing solidifying supply chain cooperation on the margins of the APEC...

Samsung dumps ASML shares for $3.3 billion investment war chest

Samsung Electronics shed additional shares of ASML as part of its efforts to rack up billions of dollars for future investment in chips, bracing...

Pulmuone to make noodles fresh in California with new production line

Korean fresh food company Pulmuone added a new noodle production line at its plant in Gilroy, California, achieving an annual production capacity of 24...

Korean battery makers cut U.S. jobs as EV demand declines

Korean battery makers are laying off hundreds of workers from their U.S. plants as part of efforts to cut production amid faltering demand for electric...

HYBE to target Latin American market with new subsidiary in Mexico

HYBE, an entertainment giant behind BTS, will enter the Latin American market with the launch of its subsidiary in Mexico amid a perceived slowdown...

Exporters to be able to exchange currencies through foreign brokers

Exporters will be allowed to hire a foreign exchange broker to convert currencies instead of directly transacting through a financial firm, the Ministry of...

Samsung to offer live phone call translation on Galaxy S24

사진 크게보기 Samsung Electronics will offer real time translation of phone conversations in the upcoming Galaxy S24 series as early as next year. The tech...

Samsung unveils generative AI model ‘Gauss’

Samsung Electronics has introduced its own generative AI model “Samsung Gauss” — named after the German mathematician — with the possibility of applying it...

Seven Korean startups honored for cutting-edge innovations

Seven startups at the forefront of Korea’s technological advances were recognized as the winners during the annual startup conference co-hosted by The JoongAng Media...