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Sat, May 21, 2022 | 23:45

Biden becomes first US president to visit Samsung chip plant

U.S. President Joe Biden let the world know that Samsung Electronics is playing a huge role in the global chip industry as he became the first U.S. president to visit the world's No. 1 memory chip maker's plant in Pyeongtaek, south of Seoul, right after he stepped on Korean soil, Friday. The U.S. president arrived at Osan Air Base in Pyeongtaek at 5:23 p.m. to start his three...

2022-05-20 21:51

Netflix to invest $100 million in Korea to set up special visual effects facilities

A subsidiary of Netflix will invest $100 million in Korea over the next six years to build special visual effects facilities. The announcement of the investment coincides with U.S. President Joe Biden's visit to Korea.

2022-05-20 15:08

Samsung, LG expand into appliances with pet care features

Samsung Electronics and LG Electronics are increasingly offering home appliances with pet care features, targeting the growing number of pet owners here, company officials said, Thursday.

2022-05-20 08:58

Samsung expected to show cutting-edge 3-nm chip to Biden during Pyeongtaek campus visit

Samsung Electronics Co. is expected to showcase one of its most advanced chipmaking technologies to U.S. President Joe Biden when he visits its Pyeongtaek campus this week, sources said Thursday.Biden is set to arrive in Seoul Friday on his first visit to the country since taking office, and only 10 days after South Korea's new President Yoon Suk-yeol took office.

2022-05-19 20:42

Biden's visit to Samsung chip plant to boost tech alliance: experts

U.S. President Joe Biden is expected to tour Samsung Electronics' semiconductor manufacturing plant in Pyeongtaek, south of Seoul, with President Yoon Suk-yeol on the first day of his official visit to Korea on Friday, a move designed to enhance the technology alliance between the two countries, according to industry experts, Thursday. The American president starting his visi...

2022-05-19 16:39

Google says its Russian bank account has been seized

Russian authorities have seized Google Russia's bank account, making it impossible for its Russian office to function, a Google spokesperson said on Wednesday after Google's Russian subsidiary declared its intention to file for bankruptcy.

2022-05-18 21:11

Game companies set eyes on virtual human projects for non-gaming biz endeavors

Korean game companies are increasingly setting their eyes on projects centered on virtual human character development, aimed at carving out new endeavors in non-gaming areas such as music and marketing sponsorships.

2022-05-18 16:06

Protecting Korea's semiconductor leadership

President Yoon Suk-yeol, congratulations on being chosen to lead the Republic of Korea's government. I am sure that these are very exciting times for you. It seems presumptuous of me to try to give insight and advice to an important nation's leader, but I feel that I may be qualified to provide some input in my area of expertise.

2022-05-18 08:27

Samsung frequent target of industrial technology theft

The government is being urged to toughen its legal punishment of people who have leaked crucial industrial technologies of local companies such as Samsung Electronics, as more illegal attempts are being made to steal Korea's advanced technologies, such as semiconductors and displays, as competition between neighboring countries intensifies, industry experts and officials said...

2022-05-17 16:54

Competition heats up in urban air mobility market

Korea has emerged as a battlefield among domestic and foreign companies that seek to gain supremacy in the urban air mobility (UAM) market, since the government unveiled its roadmap in 2020 to commercialize drone taxis by 2025 at the earliest to ease traffic congestion on Seoul's roads. As the newly launched Yoon Suk-yeol administration also selected UAM as one of the key ind...

2022-05-17 12:55

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