How 6 young men created popular generative AI platform in Korea
As tech companies fight to gain a foothold in the booming generative AI market, it’s not just the U.S. and China that are fighting it out.

As tech companies fight to gain a foothold in the booming generative AI market, it’s not just the U.S. and China that are fighting it out.
In an office building located in southern Seoul, a dozen chips are laid side by side on shelves, Monday afternoon, each next to its own electric fan to cool it down as it operates.
Korean video gaming companies, grappling with geopolitical risks and regulatory pressure in China over the past few years, are seeing a future in the world’s largest video gaming market with newly granted licenses and more upcoming titles, according to industry insiders and analysts, Thursday.
The latest partnership between Samsung Electronics and Baidu on the Galaxy S24 series might hardly help the Korean smartphone giant regain its lost market share in China, according to consumers and analysts, Thursday.
Samsung Electronics and Taiwan Semiconductor Manufacturing Co. (TSMC) are building the most cutting-edge semiconductor plants only on their home turfs, even when they rush to expand investments in the U.S., Japan and elsewhere, because setting up advanced facilities abroad costs more and poses more political uncertainties, according to industry officials, Tuesday.
League of Legends Champions Korea (LCK), Korea's top-tier esports league, is expected to grapple with publicity and financial challenges despite its success in the Asian Games and World Championship last year, according to industry officials, Thursday.
Shen Ling, 48, a resident of eastern Jiangsu province in China, used to be the owner of a number of Samsung smartphones in the 2010s, attracted by their well-designed appearance and popularity among Chinese consumers.
Chinese telecommunications equipment giant Huawei Technologies is faced with lingering impacts of U.S. sanctions as well as intense competition with its Korean and other rivals in 2024 in Korea, despite a positive outlook for 2024 given by industry watchers.
Chinese e-commerce giants are rising as the fastest-growing online platforms for Korean consumers, but they are still grappling with problems of long delivery time and unstable product quality, according to consumers and retail industry officials, Thursday.