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Baek Byung-yeul

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.

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Tech & Science

Kakao to release generative AI models

Kakao Brain CEO Kim Il-doo, left, poses with company employees, Friday. Courtesy of Kakao BrainBy Baek Byung-yeulKakao has joined the boom of generative artificial intelligence (AI) services sparked by the explosive response to OpenAI's ChatGPT service, as its AI arm Kakao Brain will release the latest version of KoGPT, its own AI service, within the first half of this year, according to the company, Friday. “Using AI technology we will lead people to a better life and continue to pursue our vision, which is to keep asking unthinkable questions,” Kim Il-doo, CEO of Kakao Brain, said during an online event introducing its vision on Thursday night.Kakao Brain was established in 2017 as Kakao forecast that businesses derived from AI would become its future growth engine.As part of the vision, Kakao Brain will launch the upgraded generative AI service KoGPT, which will have strength in communicating with Korean language users. The company released a version of KoGPT in 2021 that was based on OpenAI's GPT-3 model, but the updated KoGPT will be based on GPT-3.5, the same versio

Mar 3, 2023By Baek Byung-yeul
Kakao to release generative AI models
Companies

Celltrion founder to return to management after 2 year-hiatus

Seo Jung-jin, founder and honorary chairman of Celltrion Group / YonhapBy Baek Byung-yeulSeo Jung-jin, founder and honorary chairman of Celltrion, may return to management after two years, on expectations he can save the biotechnology group that is facing growing business uncertainties, according to company officials, Friday.The biotechnology group said its affiliates held board meetings respectively and agreed to recommend the honorary chairman as an in-house director and co-chairman of each company's board.If Seo receives approvals at both the board meetings and shareholders' meetings, which are scheduled to be held on March 28, the founder will lead the group for the next two years.Celltrion said the management of each company requested Seo's return.“Amid recent global economic uncertainties, the management of the companies asked the board to return the founder to the business temporarily. The honorary chairman promised to return to the group as a 'firefighter' in the event of a drastic change in the environment surrounding the group when he resigned from management in March

Mar 3, 2023By Baek Byung-yeul
Celltrion founder to return to management after 2 year-hiatus
Companies

Kakao Healthcare to launch blood sugar managing app in Q3

Hwang Hee, CEO of Kakao Healthcare, speaks during a press conference at Kakao's building in Seongnam, Gyeonggi Province, Thursday. Courtesy of Kakao HealthcareBy Baek Byung-yeulKakao Healthcare, a subsidiary of internet company Kakao, revealed a detailed vision for digital healthcare, saying it will launch a blood sugar management app in the third quarter of this year, according to the CEO, Thursday.“Digital healthcare has emerged as a lucrative business,” Hwang Hee, CEO of Kakao Healthcare, said during a press conference at Kakao's building in Seongnam, Gyeonggi Province.The business is divided into prevention, treatment and aftercare. Many industry indicators show the market size of this business is around 100 trillion won ($77 billion) and will grow to 700 trillion won, which will be bigger than the semiconductor business,” Hwang said.“Currently, the government is focusing more on treatment, but how to create value and develop the market in terms of prevention and aftercare will be what both the country and society want,” he added.To make digital heal

Mar 2, 2023By Baek Byung-yeul
Kakao Healthcare to launch blood sugar managing app in Q3
Tech & Science

LG-Honda battery joint venture breaks ground in US

Lee Hyuk-jae, fifth from left, CEO of a joint venture between LG Energy Solution and Honda, Kim Dong-myung, center, president of LG Energy Solution, Toshihiro Mibe, fifth from right, CEO of Honda, and Mike DeWine, fourth from right, governor of Ohio, pose during a groundbreaking ceremony of the joint venture's battery plant in Fayette County, Ohio, Tuesday (local time). Courtesy of LG Energy SolutionBy Baek Byung-yeulA joint venture between Korean battery maker, LG Energy Solution, and Japanese auto giant, Honda, held a groundbreaking ceremony for its electric vehicle (EV) battery-manufacturing plant in the U.S. state of Ohio, the battery company said Wednesday. The joint venture, tentatively named L-H Battery Company, is scheduled to be completed at the end of 2024 and begin mass-producing batteries, which will be supplied only to Honda's plants in North America, from the end of 2025. The factory, which was built with an overall investment of $4.4 billion, will have an annual production capacity of 40 gigawatt-hours, LG said.“It is an honor to represent two great corporations,

Mar 1, 2023By Baek Byung-yeul
LG-Honda battery joint venture breaks ground in US
Companies

Hyundai Motor Group chairman seeks African, Caribbean, Pacific support for Busan's Expo bid

Chung Euisun, sixth from right in the first row, chairman of Hyundai Motor Group, and Cho Tae-yong, fifth from right in the first row, Korea's ambassador to the United States, pose with ambassadors from the Marshall Islands, Saint Kitts and Nevis, Malawi, Mali, Togo, Bahamas, Guyana, Antigua and Barbuda, Barbados, Central African Republic, Burundi and Mauritius at the Embassy of Korea in the U.S. in Washington, D.C., Tuesday (local time). Courtesy of Hyundai Motor Group By Baek Byung-yeulChung Euisun, chairman of Hyundai Motor Group, asked ambassadors from African, Caribbean and Pacific nations to support Busan's bid to host World Expo 2030 in a meeting in the United States, according to the automotive giant, Wednesday.The chairman joined the event held at the office of the Embassy of Korea in the U.S. in Washington, D.C., to strengthen cooperation with African, Caribbean and Pacific countries and explain why the Korean port city is trying to host the international

Mar 1, 2023By Baek Byung-yeul
Hyundai Motor Group chairman seeks African, Caribbean, Pacific support for Busan's Expo bid
Tech & Science

KT showcases self-driving delivery robot at MWC

A visitor to KT's booth at the MWC tech show in Barcelona takes a look the company's delivery robot, Monday (local time). Courtesy of KTBy Baek Byung-yeulKT showed off its robotics tech at the Mobile World Congress (MWC) in Barcelona as part of the mobile carrier's effort to meet with more global clients in the emerging service robot market, according to the company, Tuesday.During the first day of the MWC tech show, the company displayed its delivery robots that can be used in various fields such as hotels, resorts and hospitals. The company also introduced a robotics business management platform service Robot Makers.The company said its Robot Makers platform is a cloud-based integrated control platform that can connect between different types of robots. Also, the platform can connect the robots with various kinds of infrastructure they can use such as elevators, product order and payment apps, doors, interphones and even cold-chain storage, a supply chain for temperature-sensitive products.“It is an open structure system that can apply various robots to various businesses. To

Feb 28, 2023By Baek Byung-yeul
KT showcases self-driving delivery robot at MWC
  • SK chairman vows to nurture AI ecosystem
Companies

SK chairman vows to nurture AI ecosystem

SK Group Chairman Chey Tae-won, front row third from right, and SK Telecom CEO Ryu Young-sang, right, listen to an explanation about AI technology at SK Telecom's booth during the MWC event in Barcelona, Monday (local time). Courtesy of SK TelecomBy Baek Byung-yeulSK Group Chairman Chey Tae-won said in Barcelona, Monday (local time) that he will work on nurturing Korea's artificial intelligence (AI) industry ecosystem, saying the emerging technology can create more value when it is combined with other fields of industry.“SK Telecom is switching from a telecommunications company to an AI company. We will try to contribute to the people and society by converging the technologies we have developed so far with other areas,” the chairman told reporters when he visited SK Telecom's booth during the Mobile World Congress (MWC) tech show in the Spanish city.The chairman participated for the first time in the MWC, one of the world's largest tech shows, and encouraged employees working in the global ICT market. He also held meetings with CEOs from some prominent companies to discus

Feb 28, 2023By Baek Byung-yeul
SK chairman vows to nurture AI ecosystem
  • KT showcases self-driving delivery robot at MWC
Companies

Samsung seeks support from Germany for Busan's Expo bid

Samsung Electronics Vice Chairman Han Jong-hee, left, poses with German Vice Chancellor Robert Habeck at a government building in Berlin, Monday (local time). During the meeting, the vice chairman requested Germany's support for Busan's bid to host the World Expo 2030. He also introduced Samsung Electronics' efforts for sustainability and eco-friendly approaches, topics that also interest the German government. Courtesy of Samsung Electronics

Feb 28, 2023By Baek Byung-yeul
Samsung seeks support from Germany for Busan's Expo bid
Companies

Samsung Biologics hit by series of attempts to steal trade secrets

Samsung Biologics' plant in Songdo, Incheon / Courtesy of Samsung BiologicsBy Baek Byung-yeulSamsung Biologics has been grappling with a series of attempts to steal its trade secrets as competition is intensifying in contract-based drug development and manufacturing, according to police and industry officials, Monday.Incheon Metropolitan Police said one of Samsung Biologics' employees was arrested recently for attempting to take company data from a worksite without permission. The police agency said it is investigating the employee on suspicion of stealing trade secrets.The employee is suspected of trying to leave with company data printed on 300 pieces of A4 paper in December 2022. The documents were related to U.S. Food and Drug Administration standards.Upon being caught by security guards, the employee was handed over to the police, and Samsung Biologics sued the employee on charges of violating the Unfair Competition Prevention and Trade Secret Protection Act and breach of trust.“It is difficult to reveal details about the issue because the police investigation is underway,

Feb 27, 2023By Baek Byung-yeul
Samsung Biologics hit by series of attempts to steal trade secrets
Tech & Science

Naver to launch hyperscale AI service HyperCLOVA X in July

Kim Yoo-won, co-CEO of Naver Cloud, introduces the company's hyperscale AI HyperCLOVA X during the Naver DEVIEW developers' conference at the COEX convention center in Seoul, Monday. Courtesy of Naver 'HyperCLOVA X learns Korean language 6,500 times more than ChatGPT'By Baek Byung-yeulNaver will introduce HyperCLOVA X, its hyperscale artificial intelligence (AI) model that has learned 6,500 times more Korean than American AI company OpenAI's ChatGPT, in order to compete with prominent global AI services, according to CEO of Naver Cloud, Monday.“Team Naver is ready to join the changing global trends with its global-level AI technology and capabilities,” Kim Yoo-won, co-CEO of Naver's cloud service arm Naver Cloud, said during the Naver DEVIEW developers' conference in Seoul.Kim said the service, which will be introduced in July, is an upgrade of its hyperscale AI model HyperCLOVA, which was unveiled in May 2021.“HyperCLOVA X is a hyperscale AI that has been upgraded so that users can combine their own data with HyperCLOVA to provide immediate responses that meet cust

Feb 27, 2023By Baek Byung-yeul
Naver to launch hyperscale AI service HyperCLOVA X in July
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