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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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Companies

Contribution Navigating economic uncertainty with empathy

Vicky Katsabaris, director of Experience Management Solutions & Strategy, Asia-Pacific & Japan at SAP / Courtesy of SAP By Vicky KatsabarisMany organizations across Asia-Pacific are once again tasked with navigating economic uncertainty. As organizations across the region shift their focus from economic recovery to growing inflation, the rising costs of living and doing business are rapidly becoming an increasing concern for local citizens, businesses and government agencies.Business leaders are faced with a growing list of critical challenges, including the race for great talent, rethinking ways of working and finding and keeping loyal customers in post-pandemic landscapes.Despite the uncertainty, the rewards are huge for those that get their response right ― as demonstrated by the companies that led the way during the pandemic. This sentiment is shared by the Singapore Economic Development Board, which recently touched on the opportunity for Singapore to attract gl

Sep 27, 2022By Baek Byung-yeul
[Contribution] Navigating economic uncertainty with empathy
Tech & Science

Korea to introduce 6th supercomputer in 2023

Seen is the Nurion, the country's fifth supercomputer located at the Korea Institute of Science and Technology Information (KISTI) office in Daejeon. KISTI said Tuesday that it will introduce the sixth supercomputer, which will be 32 times faster than the Nurion, in 2023. Courtesy of KISTIBy Baek Byung-yeulKorea will introduce the country's sixth supercomputing system, which is 32 times faster than the currently most advanced Nurion supercomputer, in 2023 as part of the country's efforts to promote the advancement of science and contribute to the national economy in terms of disease research, materials development necessary for high-tech industries and artificial intelligence (AI) technology, a state-run research institution said Tuesday.“A supercomputer is a large-sized computing system that performs large-capacity operations. It is becoming important as a key infrastructure for utilizing AI technology and other technologies as well as computational science,” Lee Sik, director general of the division of national supercomputing at the Korea Institute of Science and Techno

Sep 27, 2022By Baek Byung-yeul
Korea to introduce 6th supercomputer in 2023
Companies

Samsung, LG hold CEOs' meetings amid deepening economic downturn

Lee Jae-yong, vice chairman of Samsung Electronics / Courtesy of Samsung Electronics By Baek Byung-yeulSamsung Group and LG Group are holding presidential-level meetings to prepare to cushion against the impact of a global economic downturn caused by high exchange rates, interest rates and prices, according to industry sources, Tuesday.The sources said Samsung Group held its presidential meeting on Monday at Samsung Electronics Talent Development Center in Yongin, Gyeonggi Province.The meeting featured Samsung Electronics Vice Chairman Lee Jae-yong and around 40 top executives from its IT arms such as Samsung Electronics, Samsung Electro-Mechanics, Samsung SDI, Samsung SDS and Samsung Display, as well as finance arms such as Samsung Life Insurance and Samsung Card.During the gathering, the participants listened to a lecture by a visiting instructor and discussed pending issues surround the group. The Samsung chief, who returned from a two-week business trip to Europe

Sep 27, 2022By Baek Byung-yeul
Samsung, LG hold CEOs' meetings amid deepening economic downturn
Companies

Gov't urges top conglomerates to share energy crisis burden

Trade, Industry and Energy Minister Lee Chang-yang, center, enters a meeting room with Samsung Electronics President Rhee In-yong, left, and SK SUPEX Council President Lee Hyung-hee, right, and other leaders of the country's top conglomerates at the Korea Chamber of Commerce and Industry's building in Seoul. YonhapPublic sector to reduce energy use by 10% this winterBy Baek Byung-yeulThe government is asking companies to actively join its energy saving campaign, while pledging to reduce state-run organizations' energy use by 10 percent this winter in response to the fast-approaching energy crisis, according to the industry minister, Monday. “Recently, our economy has faced many difficulties such as the global energy crisis, high exchange rates, high interest rates, high prices and an economic recession. To quickly overcome these internal and external crises and restore the economy's vitality, the public and the private sectors must work together,” Trade, Industry and Energy Minister Lee Chang-yang said during a meeting with top executives from 10 Korean conglomerates at t

Sep 26, 2022By Baek Byung-yeul
Gov't urges top conglomerates to share energy crisis burden
Companies

ICT ministry vows to make Korea leader in digital innovation

Park Yun-kyu, second vice minister of science and ICT, speaks during a meeting with heads of state-run science and ICT agencies at the Korea Chamber of Commerce and Industry building in Seoul, Monday. Courtesy of Ministry of Science and ICTBy Baek Byung-yeulThe ICT ministry said Monday that it will go all-out to help the country take a leadership role in the digital era by implementing President Yoon Suk-yeol's vision, which he formulated during his recent visit to North America last week.“President Yoon unveiled his New York initiative to make the country lead the digital era during his visit to the United States and Canada last week,” Park Yun-kyu, second vice minister of science and ICT, said during a meeting with the heads of the state-run science and ICT agencies at the Korea Chamber of Commerce and Industry building in Seoul.“Although the country was late to industrialize itself, it has been trying to lead the way in digitalization since the 1990s, and as a result, we have become a digital powerhouse country. The ministry will try to make efforts to establish

Sep 26, 2022By Baek Byung-yeul
ICT ministry vows to make Korea leader in digital innovation
Companies

5G equipment feared to cause subway screen door malfunctions

Passengers wait for a subway train at Jamsil Station on Line 2 in Seoul, May 13, 2020. Korea Times fileBy Baek Byung-yeulThe high output of 5G relay base stations is found to have caused frequent malfunctions of sensors on subway screen doors that detect obstacles, threatening the safety of passengers, a lawmaker warned Sunday.Kim Young-joo, a lawmaker with the main opposition Democratic Party of Korea (DPK) and a member of the National Assembly's Science, ICT, Broadcasting and Communications Committee, said the 5G relay base stations installed in subway platforms by SK Telecom, KT and LG Uplus have caused the detection sensors of screen doors to malfunction.Since the country commercialized 5G network services in 2019, the three telecommunications companies have installed relay base stations in order to let their customers use network services inside the subway station platforms and trains.Screen doors are physical barriers that open and close automatically to ensure the safety of passengers as trains approach station platforms. According to state-run Korea Railroad Corporation (KORA

Sep 25, 2022By Baek Byung-yeul
5G equipment feared to cause subway screen door malfunctions
Tech & Science

LG CNS CEO meets with Google Cloud CEO

Kim Young-shub, right, CEO of LG CNS, poses with Thomas Kurian, CEO of Google Cloud, after signing a Digital Transformation Partnership at Google's headquarters in Sunnyvale, California, in this photo provided by LG CNS, Sunday. LG CNS said this is the first time that Google Cloud signed a partnership with a Korean company, adding that the two will cooperate on expanding leadership in Korea's enterprise artificial intelligence software market, cloud computing-based application modernization and other digital transformation-related businesses. Courtesy of LG CNS

Sep 25, 2022By Baek Byung-yeul
LG CNS CEO meets with Google Cloud CEO
Tech & Science

Samsung chief's comments viewed as intent to acquire British chip design company

Lee Jae-yong, vice chairman of Samsung Electronics, responds to reporters at the Seoul Gimpo Business Aviation Center, Wednesday. YonhapChip expert says monopoly issue won't be a big problemBy Baek Byung-yeulSamsung Electronics Vice Chairman Lee Jae-yong showed his intention to acquire British chip architecture design company Arm from Japan's SoftBank as the Samsung Group leader made public a plan to meet SoftBank CEO Masayoshi Son in Seoul next month. Considering Samsung's secretive nature, industry analysts said Thursday that the Samsung leader's remarks come as a surprise and signify a strong will to acquire Arm.The U.K.-based chip design firm is currently up for sale as U.S. graphic chip giant Nvidia failed to gain approval from the fair trade bodies of countries deeply involved in the chip industry, even though it reached a deal to purchase a 100-percent stake in Arm from SoftBank for $40 billion in October 2020.On Wednesday, the Samsung chief was asked when he arrived at the Seoul Gimpo Business Aviation Center whether there was a meeting to discuss the acquisition of Arm durin

Sep 22, 2022By Baek Byung-yeul
Samsung chief's comments viewed as intent to acquire British chip design company
Companies

LG CNS offers AI-powered English education service to schools nationwide

Models pose with LG CNS' artificial intelligence technology-based English language learning app Speaking Class, Thursday. Courtesy of LG CNSBy Baek Byung-yeulLG CNS is expanding the scope of its English language learning service ― based on artificial intelligence (AI) technology ― by distributing them to schools across the country for free to let more people learn English easily using the latest technology, the company said Thursday.LG CNS is a subsidiary of LG Corporation founded in 1987 that provides information technology services.The company explained that the language learning service, called Speaking Class, is a smartphone application-based service that lets users study English anywhere and anytime through their handsets. It said the service is designed to maximize learning efficiency by using AI, because the technology analyzes users' English pronunciation, speech speed and similarity of answers to measure their learning level on a scale of one to five.Users can also train to improve the accuracy of their English speaking by comparing model answers with their answers.The other

Sep 22, 2022By Baek Byung-yeul
LG CNS offers AI-powered English education service to schools nationwide
Tech & Science

Dyson launches powerful Gen5 Detect cordless vacuum cleaner

Charlie Park, vice president of Floorcare at Dyson, explains the motor technology used in the company's new cordless vacuum cleaner, the Dyson Gen5 Detect, at Layer57 studio in Seoul, Wednesday. Courtesy of Dyson KoreaBy Baek Byung-yeulDyson launched its new cordless vacuum cleaner the Dyson Gen5 Detect that reduces power consumption while enhancing suction power, the company said, Wednesday. The U.K.-based company said the Hyperdymium motor the new cleaner uses is smaller, faster and more powerful than the one in its previous cleaner the V15 Detect. It provides extra-powerful suction compared to existing high-efficiency particulate air (HEPA) filter-supported cordless vacuum cleaners and draws up particles as small as 0.1 micrometer ― including viruses ― in the home.The device uses a new Fluffy Optic cleaner head to make it twice as visible as the Laser Slim Fluffy cleaner head. It also a wider range with brighter light, allowing the user to more accurately check the cleaning location.“This machine is powered by the new Gen 5 Hyperdymium motor. With the new motor design, this

Sep 21, 2022By Baek Byung-yeul
Dyson launches powerful Gen5 Detect cordless vacuum cleaner
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