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Monday, April 15, 2024

BUSINESS

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...

SK hynix to break ground on mega chip cluster next March

SK hynix will break ground on its first chip fabrication plant in Yongin, Gyeonggi in March 2025 with hopes of completing construction by the...

SK hynix to break ground on mega chip cluster next March

SK hynix will break ground on its first chip fabrication plant in Yongin, Gyeonggi in March 2025 with hopes of completing construction by the...

Korean Air to purchase 33 aircraft from Airbus for $13.7 billion

  Korean Air will purchase 33 aircraft from Airbus for $13.7 billion, the carrier said Thursday. The deal involves 27 units of Airbus A350-1000s and six...