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The Korea Times

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Thu, June 1, 2023 | 10:49

[ANALYSIS] Will ChatGPT provide new momentum to Samsung, SK?

ANALYSISWill ChatGPT provide new momentum to Samsung, SK?

Samsung Electronics and SK hynix are expected to benefit from emerging artificial intelligence (AI) services such as ChatGPT due to surging demand at processing centers for high-performance memory chips that can handle more data as AI technology becomes increasingly widespread, according to industry officials and analysts, Sunday. ChatGPT is a chatbot or conversational AI ser...

Baek Byung-yeul | 2023-02-12 16:22

Kakao views AI chatbot, SM's K-pop content as new growth engines

Kakao views AI chatbot, SM's K-pop content as new growth engines

Kakao said Friday it will come up with a cost-effective artificial intelligence (AI) powered chatbot fluent in Korean and that it will collaborate with SM Entertainment to utilize K-pop content for the global expansion of both companies.

Park Jae-hyuk | 2023-02-10 15:44

Never-satisfied attitude drives SK hynix engineers' DRAM technology innovation

Never-satisfied attitude drives SK hynix engineers' DRAM technology innovation

Engineers of SK hynix said Wednesday that they were able to develop LPDDR5T, the industry's fastest mobile DRAM memory chips, because they were not satisfied with the current technology and wanted to innovate it even more.

Baek Byung-yeul | 2023-02-09 15:40

LG CNS offers cloud service AM Discovery

LG CNS offers cloud service AM Discovery

LG CNS began offering AM Discovery, a service enabling its cloud computing clients to utilize the latest cloud technologies, according to the IT service arm of LG Group, Thursday. The company said it held a seminar introducing its AM Discovery service on Wednesday. AM refers to application modernization. To meet the needs of customers, the service builds and improves applicat...

Baek Byung-yeul | 2023-02-09 15:36

[INTERVIEW] Merck's chip material head vows to bolster investment in Korea

INTERVIEWMerck's chip material head vows to bolster investment in Korea

Merck has vowed to bolster its investments in Korea's semiconductor market even though the global chip industry has been struggling with weak demand, according to the head of the company's chip materials business. The executive said the Germany-based chip materials company forecasts more applications to require more semiconductors with the development of emerging technologies...

Baek Byung-yeul | 2023-02-08 16:32

Samsung, LG to nurture commercial robots as next growth engine

Samsung, LG to nurture commercial robots as next growth engine

Samsung Electronics and LG Electronics are trying to capitalize on the growing commercial robot market as they plan to release new products and increase the applications of their robots. Industry officials and experts said Tuesday that their expansion into robotics has been facilitated by the development of artificial intelligence technology.

Baek Byung-yeul | 2023-02-07 16:46

[INTERVIEW] 'Korea, US can create synergy in space industry': NASA ambassador

INTERVIEW'Korea, US can create synergy in space industry': NASA ambassador

President Yoon Suk Yeol's ambitious vision to send a spacecraft to Mars by 2045 will be easier to achieve if Korea further strengthens cooperation with the United States, which has the world's leading space technology, according to an ambassador of the U.S. National Aeronautics and Space Administration (NASA). “NASA values international cooperation with other countries includ...

Baek Byung-yeul | 2023-02-07 16:42

IBM Korea vows to focus on hybrid cloud, AI

IBM Korea vows to focus on hybrid cloud, AI

IBM successfully transformed its business structure from that of a hardware business in 2022 to software solution businesses such as hybrid cloud computing and artificial intelligence (AI). This trend will continue to intensify, according to the head of its Korean unit, Tuesday. “In 2022, software service and solution businesses grew to account for 70 percent of our revenue. ...

Baek Byung-yeul | 2023-02-07 16:34

[ANALYSIS] New order prevails in global battery industry

ANALYSISNew order prevails in global battery industry

After painful exits and bankruptcies, the global memory chip market has consolidated with three rational players - Korea's Samsung Electronics and SK hynix and the U.S.' Micron Technology. These structural market changes are truly responsible for the memory chip segment's bullish performance over the last few years.

Kim Yoo-chul | 2023-02-06 08:24

Naver to roll out conversational AI service

Naver to roll out conversational AI service

Naver will release a conversational artificial intelligence (AI) service similar to ChatGPT within the first half of this year as part of the internet company's efforts to diversify its business portfolio, its CEO said, Friday. “We are preparing measures in response to new search trends such as generative AI,” Naver CEO Choi Soo-yeon told investors during a conference call on...

Baek Byung-yeul | 2023-02-03 16:57

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