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Reporter : Baek Byung-yeul
Sat, June 3, 2023 | 07:02
KT launches 2 service robots for restaurants
KT launched two new service robots that are both based on artificial intelligence (AI) technology, targeting restaurants that are seeking to ease their operational burden by using robots, the company said Tuesday.
Quest vows to help Korean clients manage cloud risk
Quest Software, a U.S.-based IT management and security software company, will provide comprehensive solutions in IT system digitization and cloud computing backup for enterprise clients in Korea to help them reduce operational risks, according to the head of its Korean branch, Tuesday.
Washington agrees to lessen burden on Korean firms investing in US
South Korea and the United States have agreed to minimize uncertainty and business burdens for Korean companies investing in the U.S. arising from the implementation of the CHIPS Act, according to the Ministry of Trade, Industry and Energy, Friday. The two nations also decided to work closely with Korean companies to address their concerns regarding the Inflation Reduction Ac...
SK bioscience to invest $1.8 bil. by 2027 to become top-tier bio firm
SK bioscience, the country's prominent vaccine developer and producer, will invest around 2.4 trillion won ($1.8 billion) over the next five years until 2027 to become a top-tier bio and vaccine powerhouse, its CEO said Friday.
Hyundai Motor chief applauds President Yoon's speech to US Congress
Hyundai Motor Group Executive Chair Chung Euisun, front row third from left, applauds during South Korean President Yoon Suk Yeol's speech to a joint session of U.S. Congress in commemoration of the 70th anniversary of the South Korea-U.S. alliance in Washington, D.C., Thursday (local time). Yonhap
Samsung's chip business posts $3.4 bil. loss for Q1
Samsung Electronics' semiconductor business posted an operating loss of 4.58 trillion won ($3.4 billion) in the first quarter due to the prolonged downturn of the global chip industry, the chip giant said, Thursday. Despite suffering slumping demand and price declines, the company expects its business will rebound in the second half of the year.
Summit fails to bear fruitful results for Korean chipmakers: experts
President Yoon Suk Yeol and his U.S. counterpart Joe Biden held a summit in Washington, D.C., Wednesday (local time), where U.S. laws aimed at scrapping tax credits for electric vehicles not made in North America and curbing China's power in the global IT market, were on the agenda. But Yoon failed to draw concessions from Biden on the Inflation Reduction Act (IRA) and the CH...
Korean astronomers help spot black hole launching jets
This image obtained by global astronomers shows the jet and the black hole shadow in Messier 87, or M87, a galaxy located about 53 million light years from Earth. A global collaboration that includes astronomers from Korea identified the shadow of the black hole and the jets ejected from it, Korea Astronomy and Space Science Institute (KASI) said Thursday, publishing the find...
SK hynix suffers $2.54 bil. loss in Q1 on memory chip bust
SK hynix posted an operating loss of 3.4 trillion won ($2.54 billion) in the first quarter of this year, suffering a loss for the second consecutive quarter due to deteriorating semiconductor industry conditions, the memory chipmaker said, Wednesday. However, the company added it expects global chip market conditions to recover in the second quarter after bottoming out in the...
AWS expands into financial cloud market in Korea
Amazon Web Services (AWS), a global top cloud computing service provider, is expanding its presence in Korea's financial market as customers look for flexibility in an increasingly uncertain market, an official at its Korean branch said Wednesday.
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