KB News DeskDaejeon takes steps to secure foothold in global space market
The Daejeon Metropolitan Government is taking steps to secure a foothold in global markets, marking a move in its strategy to nurture this future-oriented sector. Chang Ho-jong, deputy mayor for…
Kakao faces gloomy outlook following founder’s arrest
Kakao, Korea’s leading messaging app operator, faces a troubling outlook following a court’s decision to arrest its founder, Kim Beom-su, on allegations of stock price rigging. The escalating prospect of…
Samsung’s possible HBM supply for NVIDIA draws mixed outlook
Market shows disappointment over delayed tests for advanced HBM chips Samsung Electronics’ fourth-generation high bandwidth memory 3 (HBM3) chips have been cleared by NVIDIA for use in NVIDA’s China-bound processors,…
Korean chipmakers wary of possible US subsidy flip-flop
Korean firms are wary of a possible flip-flopping of U.S. programs that award subsidies to chipmakers investing in the United States, as Republican presidential candidate Donald Trump continues to express…
iPhone users in Europe to access Samsung Wallet as Apple lets rivals use tap-and-go payments
Apple has decided to open its tap-and-go mobile payments system to rivals in Europe, which will give iPhone users more choices beyond Apple Pay, such as Samsung Wallet and Google…
Kakao’s future uncertain as leader faces arrest
Korean messenger and app giant Kakao is facing growing doubts about its efforts to revamp its governance and business structure, as prosecutors have set their sights on Kim Beom-su, the…
Innospace strives to become space platform provider
Innospace, a local rocket startup, aims to grow into a leading space mobility platform company that sets the standard for the era of private space transportation, its founder and CEO…
Taihan suspected of stealing cable technologies from LS
LS considers lawsuit against industrial espionage Taihan Cable & Solution (C&S) faced a police investigation for alleged theft of LS Cable & System’s (C&S) technologies to produce high-voltage submarine cables,…
KASA R&D chief stresses collaboration for safe lunar exploration
John Lee, deputy administrator of the mission directorates at the newly launched Korea AeroSpace Administration (KASA), emphasized the need for the international community to strengthen collaboration for sustainable and safe…
Demand for cooling devices soars as summer heat arrives early
Samsung, LG, Coway operate plants at full capacity A 40-year-old man surnamed Park recently replaced his decades-old air conditioner with a new model. He opted for the latest energy-efficient model,…
