How much in subsidies will Samsung Electronics get for US chip plant?
The Korea Times » Tech
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1w ago
Samsung Electronics is expected to receive more than $6 billion in subsidies from the U.S. government for its semiconductor investments in the country, marking its entry into the heated competition for chip investments alongside Intel and TSMC, according to media reports on Tuesday ..read more
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Former WeWork Korea chief's startup halts real estate brokerage service
The Korea Times » Tech
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1w ago
DNK, established by former WeWork Korea General Manager Matthew Shampine, recently ceased its real estate brokerage platform service Dongnae, to focus on its property management software system known as DNK, targeting the Asia Pacific region, the company said Thursday ..read more
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Samsung, LG account for 40% of US home appliance market
The Korea Times » Tech
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1w ago
Samsung Electronics and LG Electronics took up 40 percent of the home appliance market in the United States last year, proving that their technological and product design prowess is more than enough to entice U.S. consumers - known for having some of the highest purchasing power in the world - according to industry data and companies, Wednesday ..read more
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Will K-Chips Act survive ruling bloc’s defeat?
The Korea Times » Tech
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1w ago
The Yoon Suk Yeol administration's efforts to support the semiconductor industry may face setbacks following the ruling People Power Party's (PPP) pulverizing defeat to the main opposition Democratic Party of Korea (DPK) in Wednesday's general election, according to industry officials and experts Friday ..read more
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ICT firms go all out to recruit AI experts
The Korea Times » Tech
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1w ago
LG Uplus, SK Telecom and other ICT companies are scrambling to recruit experts in artificial intelligence at a time when enabling AI has become a top survival priority for companies, especially tech companies, according to the companies and industry officials, Monday ..read more
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LG CNS unveils enhanced generative AI platform
The Korea Times » Tech
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1w ago
LG CNS introduced an enhanced version of its generative AI platform DAP GenAI in a bid to offer its business customers more advanced AI services, the company said Tuesday ..read more
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Samsung enters high-stakes chip race with TSMC, Intel on back of US subsidy
The Korea Times » Tech
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1w ago
Samsung Electronics has entered into a full-fledged competition with its foundry business rivals, TSMC and Intel, in the rapidly-growing AI chip market, by receiving $6.4 billion in subsidies from the U.S. government, according to the company and industry experts, Tuesday ..read more
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Samsung, LG, SKT, KT showcase innovative AI products at World IT Show
The Korea Times » Tech
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1w ago
Samsung Electronics, LG Electronics, SK Telecom, KT and other companies are showcasing their innovative AI technologies and related products at the World IT Show as part of efforts to let visitors experience the changes AI is ..read more
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Hyundai Motor Group introduces delivery robot
The Korea Times » Tech
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2w ago
Seen is DAL-e Delivery, a delivery robot developed by Hyundai Motor and Kia. The carmakers released images and videos of their delivery robot, first unveiled at CES 2022, saying the robot can carry up to 10 kilograms in weight and is designed to work with buildings' elevator and door control systems to create optimal routes in real time for fast delivery. Courtesy of Hyundai ..read more
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Korea to invest $527 mil. to integrate AI into all sectors of society
The Korea Times » Tech
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2w ago
Korea plans to invest 710.2 billion won ($527 million) this year across 69 sectors to foster innovations propelled by artificial intelligence (AI) in people's daily lives, industries, and government administrative services, the Ministry of Science and ICT said Thursday ..read more
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