Korea Times K-Culture Reporter
Baek Byung-yeul is a journalist at The Korea Times focused on cultural content, including films and cultural events in South Korea. You can contact him at baekby@koreatimes.co.kr to share your insights.
SK Telecom will triple its investment in AI technology in next five years as part of the domestic telecommunications giant’s plan to provide enhanced services with AI competitiveness and generate sales of 25 trillion won ($18.5 billion) by 2028, its CEO said Tuesday.
Late Samsung Group Chairman Lee Kun-hee’s (1942-2020) love of animals is being rediscovered through his efforts to preserve Jindo dogs, an indigenous Korean breed, and transform the country’s pet culture. Samsung recently celebrated the 30th anniversary of its guide dog training school, also founded by the late leader, according to the group, Tuesday.
A model poses with LG Electronics’ foldable LG Gram Fold laptop, Monday. The company said it launched the world’s first foldable laptop that can transform into a 12-inch laptop when folded and 17-inch tablet PC when unfolded. Courtesy of LG Electronics
SK Telecom successfully concluded Prompter Day Seoul 2023, a global AI hackathon event jointly held with U.S. AI company OpenAI, to discover teams developing AI services for the benefit of humanity, the company said Monday.
Upstage, a local AI startup, will create a large language model (LLM) evaluation platform with the state-run National Information Society Agency (NIA) in order to improve the competitiveness of Korean-based AI platform companies, the company said Monday.
Local startups specialized in generative AI gathered together to launch the Generative AI Startup Association (GAISA), which will create an ecosystem for domestic companies and explore collaboration opportunities in the emerging sector, they said Monday.
LG Chem agreed to build an LFP (lithium-phosphate-iron) cathode material plan with China’s Huayou Group in Morocco, which has a free trade agreement with the U.S., to mass produce cathode materials from 2026, the Korean company said Sunday.
Samsung Electronics and SK hynix appear to be breathing a sigh of relief over the U.S. CHIPS and Science Act’s guardrails as the regulation, which aims to restrict China’s chip development technology, limits the expansion of advanced semiconductor production capacity to no more than 5 percent in China, according to industry officials and experts, Sunday.
Employees of Japan Tobacco International (JTI) Korea pose after completing a community clean-up activity in downtown Seoul, Sept. 14. The company said Tuesday that about 40 employees joined the half-day volunteer activity, walking around central Jongno District to pick up litter and sort recyclables. Courtesy of JTI Korea
LG CNS CEO Hyun Shin-gyoon, left, poses with Kang Young-goo, chairman of IGIS Asset Management after agreeing to cooperate on digital transformation-related business at the former's office in Seoul, Tuesday. Courtesy of LG CNSBy Baek Byung-yeulLG CNS forged a partnership with real estate investor IGIS Asset Management to develop new businesses such as cloud data centers and micro fulfillment centers (MFCs), the company said Wednesday. Under the agreement, the two sides will cooperate on expanding the construction of cloud data centers at home and abroad, attracting new customers, building urban logistics centers and launching new businesses based on AI and cloud computing.LG CNS and IGIS Asset Management said they are currently working together to build large-sized data centers domestically. Utilizing LG CNS' overseas business partnerships and know-how in operating data centers internationally, and IGIS Asset Management's global network and capital, the companies plan to expand their global data center construction operations.In particular, they will actively seek new opportunities i