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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Tech

Thu, June 1, 2023 | 11:32

Major Korean companies vie for UAM leadership

Major Korean companies vie for UAM leadership

Hyundai Motor and three mobile carriers - SK Telecom, KT and LG Uplus - are vying for leadership in urban air mobility (UAM) as they prepare to kick off demonstration projects for air taxi service, which is expected to begin commercial operation in 2025, according to the government and the companies, Wednesday.

Baek Byung-yeul | 2023-02-22 16:30

Samsung chases after TSMC in foundry business

Samsung chases after TSMC in foundry business

Samsung Electronics is closing in on TSMC in the foundry business, which manufactures chips ordered by chip design companies. The global No. 2 foundry maker said Tuesday that it will begin producing chips for autonomous driving vehicles of U.S. chip design company Ambarella. Samsung said it produces Ambarella's CV3-AD685 automotive AI central domain controller chips using its...

Baek Byung-yeul | 2023-02-21 16:18

SKT, KT to showcase AI, UAM, 6G at Mobile World Congress

SKT, KT to showcase AI, UAM, 6G at Mobile World Congress

SK Telecom and KT will showcase emerging technologies, such as artificial intelligence (AI), urban air mobility (UAM), 6G and metaverse at the upcoming Mobile World Congress (MWC), the mobile communication industry's annual trade show, the companies said Monday. This year's MWC event, taking place in Barcelona, Spain from Feb. 27 to March 2, will deal with five themes includi...

Baek Byung-yeul | 2023-02-20 16:58

Korea to unveil detailed road map for growth strategies, including AI tech

Korea to unveil detailed road map for growth strategies, including AI tech

Korea plans to unveil details of its new growth strategy for the chip and display sectors as well as emerging areas such as artificial intelligence (AI), the finance ministry said Monday.

2023-02-20 09:45

Security concerns arise over allowing foreign nationals to lead Korean version of NASA

Security concerns arise over allowing foreign nationals to lead Korean version of NASA

The government has sparked controversy over its plan to allow foreigners and dual nationality holders to work for the state-run space agency. The agency is Korea's version of the U.S.' National Aeronautics and Space Administration, otherwise known as NASA, and it is supposed to be established by the end of this year. Given that most space projects are connected closely with t...

Park Jae-hyuk | 2023-02-20 08:33

LG CNS expands into private 5G service

LG CNS expands into private 5G service

LG CNS is diversifying its business portfolio by jointly developing technologies for a private 5G service, known as e-Um in Korea, for future clients in manufacturing and logistics businesses, according to the IT arm of LG Group, Thursday. The company said it signed a memorandum of understanding (MOU) with Kyung Hee University early this month.

Baek Byung-yeul | 2023-02-16 16:57

ChatGPT fever prompts Korean firms to seek profits from AI services

ChatGPT fever prompts Korean firms to seek profits from AI services

The launch of the paid version of ChatGPT has prompted Korean IT and telecommunication firms to seek ways to earn money from their artificial intelligence (AI) services, according to industry officials, Thursday. Naver has been the most aggressive in commercializing its AI services, as its subsidiary, Snow, is already charging 4,500 won ($3.5) to 9,900 won per month for its A...

Park Jae-hyuk | 2023-02-16 16:56

ChatGPT-themed stocks report triple-digit growth on Kosdaq

Korea opens massive data center for AI research

Korea opens massive data center for AI research

Korea's science ministry said Wednesday it has opened a massive computing data center for artificial intelligence studies as part of the country's plan to build a world-class AI research network.

2023-02-15 13:43

Samsung adopts more recycled parts for Galaxy S23

Samsung adopts more recycled parts for Galaxy S23

Samsung Electronics said on Monday that it has been increasing the use of recycled materials and components for its new gadgets, such as the Galaxy S23 smartphone, as part of efforts to tackle climate change. Samsung said for the S23 series, which will hit the global market on Feb. 17, it used abandoned fishing nets for the casing of the S Pen stylus, water bottles for volume...

Baek Byung-yeul | 2023-02-13 16:51

Danuri captures images of moon's surface

Danuri captures images of moon's surface

Seen is a photo of the moon's largest dark spot, also known as the Ocean of Storms, taken on Jan. 13 by a camera embedded in the Danuri lunar orbiter. On Monday, the science ministry unveiled photos that the Danuri took just 100 kilometers above the moon from Jan. 2 to Feb. 3. After completing a month-long test operation, the spacecraft began its scientific research on Feb. 4...

Baek Byung-yeul | 2023-02-13 16:47

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