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Thursday, April 18, 2024

BUSINESS

LG Energy Solution starts on $5.5 billion Arizona plant for Tesla

Ground was broken on Wednesday for LG Energy Solution’s $5.5 billion battery plant in Arizona to produce cylindrical batteries for Tesla, possibly for the...

Samsung simultaneously unveils AI-powered appliances to the world

Samsung Electronics is, for the first time, launching its AI-topped Bespoke lineup of home appliances at the same time worldwide in order to make...

Korea launches forum to match AI chip producers with companies

A consultative forum for AI semiconductors has launched to help Korea take an early lead in the fast-growing industry. The group will match companies in...

Korea’s former fashion mecca hangs on by a thread as Chinese apps move in

When Good Morning City, a 16-story shopping complex, flung open its doors in 2008 in a prime spot in Dongdaemun, once Seoul's fashion mecca,...

Samsung Electronics CEO hints at second-gen Mach AI chip

Samsung Electronics CEO Kyung Kye-hyun in charge of chip business hinted at the second generation of its own "Mach" AI inference chip in an...

HD Hyundai Heavy wins $463 million contract with Peru for warships

HD Hyundai Heavy Industries has been selected as Peru's preferred bidder for a $462.9 million construction deal involving four warships in collaboration with the...

Micron’s attempt to scout Korean chip engineer blocked by Korean court

Recruiting and scouting chip talent has become a top priority for global chipmakers as the boundaries between designing and manufacturing, once strictly segmented, are...

Hotels in Korea will no longer provide disposable toothbrushes for free

  Starting tomorrow, hotels operating in Korea will no longer be allowed to provide disposable items like toothbrushes for free. This shift follows the implementation of...

NCSoft, Google join hands to improve AI, cloud computing

NCSoft, a major Korean online and mobile game developer, said Wednesday it has joined hands with Google Cloud to improve AI and cloud computing...

SM Entertainment founder Lee Soo-man invests $5.2 million in AI startup Mindlogic

SM Entertainment founder Lee Soo-man invested 7 billion won ($5.23 million) in the Korean AI startup Mindlogic during its Series B funding round, continuing...