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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Tech

Wed, July 24, 2024 | 03:23

Kakao faces gloomy outlook following founder's arrest

Kakao faces gloomy outlook following founder's arrest

Kakao, Korea’s leading messaging app operator, faces a troubling outlook following a court’s decision to arrest its founder, Kim Beom-su, on allegations of stock price rigging. The escalating prospect of his conviction threatens to disrupt the company’s future investment strategies and business restructuring efforts.

2024-07-23 16:12

Shares of KakaoBank fluctuate: what's next?

Daejeon takes steps to secure foothold in global space market

Daejeon takes steps to secure foothold in global space market

The Daejeon Metropolitan Government is taking steps to secure a foothold in global markets, marking a move in its strategy to nurture this future-oriented sector.

2024-07-23 14:23

[INTERVIEW] Sodium-ion, solid-state batteries still risky: Alsym Energy CEO

INTERVIEWSodium-ion, solid-state batteries still risky: Alsym Energy CEO

An Indian American entrepreneur running a battery startup in Massachusetts claimed that sodium-ion and all-solid-state batteries are not suitable alternatives to lithium-ion batteries in terms of reducing risks of fire and explosion.

2024-07-23 01:00

Korean chipmakers wary of possible US subsidy flip-flop

Korean chipmakers wary of possible US subsidy flip-flop

Korean firms are wary of a possible flip-flopping of U.S. programs that award subsidies to chipmakers investing in the United States, as Republican presidential candidate Donald Trump continues to express negative views on such initiatives.

2024-07-22 16:43

Will shares of Hyundai, Kia continue reeling amid heightened Trump risk?

Trumpflation concerns grip Korea

LG Innotek eyes bigger market share with next-generation digital key

LG Innotek eyes bigger market share with next-generation digital key

LG Innotek seeks to grab a bigger share of the automotive communication components market with its next-generation digital key, the company said, Monday.

2024-07-22 15:30

LS Metal develops high-strength alloy tube

LS Metal develops high-strength alloy tube

The LS Electric subsidiary introduced the tubing, Thursday. It combines a small amount of tin with oxygen-free copper tubes.

2024-07-22 13:12

Giant panda-themed exhibition helps to promote Samsung's new foldable phones

Giant panda-themed exhibition helps to promote Samsung's new foldable phones

Visitors to Everland show interest in the Galaxy Z Fold 6 and Z Flip 6 experience zone at the amusement park in Yongin, Gyeonggi Province in this undated photo. Samsung Electronics said Sunday that visitors to Everland will be able to test the company's new foldable smartphones at the experience zone until Aug. 11, while enjoying an exhibition related to the famous Bao Family...

2024-07-21 16:13

Korea needs infrastructure for 'AI warriors': KCCI chief

Korea needs infrastructure for 'AI warriors': KCCI chief

SEOGWIPO, Jeju Island - Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group, advised the government and companies to build more data centers and infrastructure to support people with a strong understanding of artificial intelligence (AI) technology to aid them in finding new business opportunities.

2024-07-21 14:45

Budget airlines' check-in, booking systems operate normally after global tech outage

Budget airlines' check-in, booking systems operate normally after global tech outage

Some low-cost airlines in Korea had fully restored their check-in and booking systems 12 hours after disruptions caused by a global technical outage, which also affected the IT and financial sectors around the globe, the state-run airport operator said Saturday.

2024-07-20 09:23

What caused global cyber outage?

SK chief expects Nvidia to maintain dominance in chip sector for at least 3 years

SK chief expects Nvidia to maintain dominance in chip sector for at least 3 years

SEOGWIPO, Jeju Island — SK Group and Korea Chamber of Commerce and Industry (KCCI) Chairman Chey Tae-won said, Friday, that Nvidia will maintain its lead in the AI chip industry for at least the next three years.

2024-07-19 16:13

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Top 10 Stories

1	N. Korea says it does not care about Trump's boasting of friendship with Kim

2	Fewer foreign residents in Korea wire money back to family

3	Kakao faces gloomy outlook following founder's arrest

4	INTERVIEWSenior models in Korea redefine age and beauty

5	Kim Jong-un anticipates Donald Trump's reelection: experts

6	Gov't ups limit on meal prices under anti-graft law to 50,000 won

7	Jamsu Bridge closed due to rising river levels

8	'Chaebols, NPS drive Korea discount': London-based proxy adviser

9	Korean wine importers struggle with falling sales

10	Former interim leader elected as new ruling party chief

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