Hyperscale AI Ecosystem Construction Project
Scope
Date
~
-
Electronics
LG Electronics to release 2024 OLED, QNED TVs
LG Electronics Inc. announced on Monday that it will release the 2024 LG OLED TV and QNED (Quantum nano-emitting diode) TV with enhanced artif...
Feb 26, 2024 (Gmt+09:00)
-
Machinery
Hyundai Everdigm enters NA construction machinery market
South Korea’s Hyundai Everdigm Corp. announced on Monday that it has signed a dealership agreement with the US-based heavy equipment special...
Feb 26, 2024 (Gmt+09:00)
-
Energy
Hyundai E&C likely to win Bulgaria’s nuclear project
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) was picked as the preferred bidder for Bulgaria's new nuclear react...
Feb 26, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Line launches AI Assistant services in Japan
Line Corporation announced on Friday that it has launched paid and free AI Assistant services within the LINE Messenger in Japan.LINE AI Assistant i...
Feb 23, 2024 (Gmt+09:00)
-
Korean startups
AIMMO’s global push gains speed with US foray
South Korean AI-powered data solution-providing startup AIMMO Inc. is expediting its global push with an aggressive advance into the US market, wher...
Feb 23, 2024 (Gmt+09:00)
-
Bio & Pharma
SK C&C wins Korea’s nod for brain infarct diagnosis AI solution
SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, said on Thursday it has secured medical device...
Feb 22, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
SK Telecom develops AI-powered 6G air interface
SK Telecom Co., South Korea’s leading mobile carrier, has successfully proved the efficacy of artificial intelligence technology on the improv...
Feb 22, 2024 (Gmt+09:00)
-
Chemical Industry
Lotte Chemical builds AI organizations
South Korea's Lotte Chemical Corp. announced on Thursday that it has established artificial intelligence (AI) organizations tailored to the characte...
Feb 22, 2024 (Gmt+09:00)
-
Energy
Taihan Cable wins order for UHV power grid in Egypt
South Korea's Taihan Cable & Solution Co. announced on Thursday that it has won a project for a 500-kilovolt (kV) UHV power grid project commiss...
Feb 22, 2024 (Gmt+09:00)
-
Korean startups
AI device solution startup Sorcerics gets seed round
South Korea’s artificial intelligence (AI) smart device solution startup Sorcerics, founded by former Google and Microsoft employees, an...
Feb 22, 2024 (Gmt+09:00)
-
Construction & Planning
SK Energy, PTC Korea team up for smart plant construction business
SK Energy Co., South Korea’s top oil refiner and energy company, said on Wednesday it has teamed up with PTC Korea Co. to jointly enter the gl...
Feb 21, 2024 (Gmt+09:00)
-
Artificial intelligence
Meta’s Zuckerberg to visit Korea on possible AI partnership
Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc. plans to visit South Korea later this month and meet key figures including Pre...
Feb 21, 2024 (Gmt+09:00)
-
Electronics
Samsung’s mobile AI journey ‘just getting started’: TM Roh
For Samsung Electronics Co., the Galaxy S24 series is not just an upgrade to its previous flagship models. It’s an evolution that opens a new ...
Feb 21, 2024 (Gmt+09:00)
-
Artificial intelligence
SK Telecom invests in Lambda to foray into AI cloud market
SK Telecom Co., South Korea’s largest mobile carrier, said on Wednesday it has invested in Lambda, a graphics processing unit (GPU) cloud prov...
Feb 21, 2024 (Gmt+09:00)
-
Korean chipmakers
Samsung, Arm reinforce alliance on future AI chips
Samsung Electronics Co. will offer Arm Inc.’s most advanced central processing unit (CPU) optimized on its latest gate-all-around (GAA) techno...
Feb 21, 2024 (Gmt+09:00)
-
Artificial intelligence
LG to use AI for early detection of air conditioner anomalies
LG Electronics Inc. has introduced an artificial intelligence technology for early detection of anomalies in its commercial air conditioning systems...
Feb 20, 2024 (Gmt+09:00)
-
Korean startups
KT to participate in MWC 2024 with five Korean startup partners
South Korea’s KT Corp. announced on Tuesday that it will participate in the world's largest mobile exhibition MWC 2024 to be held in Barcelona...
Feb 20, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha Ocean develops draft measuring with drones
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed a system that utilizes drones and ...
Feb 20, 2024 (Gmt+09:00)
-
Electronics
HD Hyundai to build power distribution device plant in Cheongju
South Korea's HD Hyundai Electric Co. announced on Tuesday that it will invest 117.3 billion won ($87.72 million) in building a new medium and low...
Feb 20, 2024 (Gmt+09:00)
-
Artificial intelligence
Kakao Brain releases medical GenAI tech for free
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has uploaded the Labeler ...
Feb 20, 2024 (Gmt+09:00)
-
Batteries
SK On seeks up to $1.5 billion in new funding
SK On Co., a South Korean electric vehicle battery maker, is seeking to raise up to 2 trillion won ($1.5 billion) to step up facility investments, b...
Feb 19, 2024 (Gmt+09:00)
-
Electronics
Samsung, LG go head-to-head in washer-dryer combo market
Samsung Electronics Co. and LG Electronics Inc., South Korea’s tech giants, are in cut-throat competition to lead the all-in-one, single-drum,...
Feb 19, 2024 (Gmt+09:00)
-
Bio & Pharma
Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds
South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...
Feb 19, 2024 (Gmt+09:00)
-
Artificial intelligence
SK Networks looks to triple operating profit by 2026 with AI
SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...
Feb 16, 2024 (Gmt+09:00)
-
Pension funds
Korea's military fund, LIG Nex1, IBK to form $60 mn defense fund
South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, will create an 80 billion won ($60 mil...
Feb 16, 2024 (Gmt+09:00)
-
Korean chipmakers
Samsung wins first 2 nm AI chip order from Japan’s PFN; a snub to TSMC
Samsung Electronics Co., the world’s largest memory chipmaker, has won its first 2-nanometer node artificial intelligence chip production cont...
Feb 16, 2024 (Gmt+09:00)
-
Artificial intelligence
Samsung Electronics to hire big for AI R&D careers
Samsung Electronics Co. is ramping up its recruitment of experienced professionals across its Device eXperience (DX) and Device Solution (DS) divisi...
Feb 15, 2024 (Gmt+09:00)
-
Chemical Industry
LG Chem, CJ CheilJedang to launch eco-friendly bio-nylon joint venture
South Korea’s top chemicals maker LG Chem Ltd. and food and biotechnology firm CJ CheilJedang Corp. have agreed to launch an eco-friendly bio-...
Feb 15, 2024 (Gmt+09:00)
-
Construction
Korea gives the nod for foreign workers at plant construction sites
South Korea is expected to allow foreigners to work at plant construction sites nearly two decades after non-native Koreans were banned from those p...
Feb 14, 2024 (Gmt+09:00)
-
Retail
Hypermarket chain E-Mart posts first annual loss in 2023
South Korea’s top supermarket chain E-Mart Inc. announced on Thursday that it provisionally recorded a consolidated operating loss of 46.9 bil...
Feb 14, 2024 (Gmt+09:00)
Latest News
- 1 NPS-backed new prime office struggles with poor demand
- 2 Affinity-backed SSG.COM offers first voluntary redundancy
- 3 Lotte to cut basic chemicals in portfolios for profitability
- 4 Young rich Koreans: Financially literate, self-directing
- 5 LG Elec logs record Q2 profit on home appliances, car parts