Naver to develop Arabic-based LLM, expand AI cooperation with Saudi Arabia

Naver Corp., the operator of South Korea’s largest internet platform, has signed an initial agreement with Saudi Arabia’s artificial intelligence (AI) agency to jointly develop an Arabic language-based large language…

Samsung produces industry’s first 1-terabit QLC 9th-gen V-NAND

Samsung Electronics, the world’s No. 1 memory chipmaker, said Thursday it has begun mass production of its one-terabit quad-level cell ninth-generation vertical NAND, solidifying its leadership in the high-capacity and…

US ups pressure on Korea to join China chip curbs

The US is ramping up pressure on South Korea to align with its export control measures against China, urging advanced chips like High Bandwidth Memory be provided only to allies.…

Hanwha, SK develop world’s 1st non-flammable ESS for ships

Hanwha Aerospace and SK Enmove announced Tuesday that they have developed the world’s first non-flammable energy storage system, or ESS, seeking to secure the lead in the eco-friendly maritime solution…

[2024 IFA] Samsung’s AI push has long way to go: CEO

Han Jong-hee picks security as top priority for wider spread of AI-powered home appliances BERLIN — Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said Saturday that the tech giant’s…

[Business Diplomacy] SK’s US control tower revamped to boost negotiating power

Endless guesses are made over who will win the race to the White House between former US President Donald Trump and current Vice President Kamala Harris, but both look likely…

LG Innotek eyes digital twin tech for better efficiency

LG Innotek announced Thursday that it will expand the integration of digital twin technology throughout its operations in partnership with Ansys, a US engineering simulation software developer. Digital twin technology…

SK hynix wins $950 mil. in US grants, loans for AI chip plant in Indiana

The U.S. Department of Commerce announced Tuesday (Korea Standard Time) that it will provide up to $450 million in incentives and $500 million in loans to SK hynix in return…

Tech giants eye growing home appliances subscription market

Subscription services in the home appliances market are fast expanding in South Korea, with the country’s top players targeting younger and smaller households. LG Electronics, the country’s leading home appliance…

Samsung projects 15-fold surge in Q2 earnings on AI chip boom

Samsung Electronics said on Wednesday it will continue its earnings growth by expanding sales of the high-performance high bandwidth memory chip in the second half, particularly the fifth-generation HBM3E, to…