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.
Kia is accelerating its shift to the electric vehicle (EV) business, which is facing concerns of slowing demand, by expanding the lineup and variety of EVs through the introduction of customizable vehicles based on the platform beyond vehicle (PBV) concept, the automaker's CEO said Friday.
Samsung’s operating profit of 6.6 trillion won, announced in its preliminary earnings report on Friday, shows an increase of 931.25 percent compared to the same period in 2023. The company also reported sales of 71 trillion won, up 11.37 percent year-on-year.
Moon Sun-il, left, general manager of the advertising bureau at The Korea Times, receives an award from Chang Seung-joon, vice chairman of the Korean Association of Newspapers and vice chairman of Maekyung Media Group, during the 68th Newspaper Day ceremony held at the Korea Press Center in Seoul, Thursday. Moon was honored by the association for his achievements in contributing to the newspaper’s profit growth. Korea Times photo by Nam Yoon-jae
SK hynix will invest $3.87 billion to construct its first advanced chip packaging plant in West Lafayette, Indiana, in cooperation with Washington, which possesses many big tech companies in the AI sector, the Korean chip maker said Thursday.
Korea plans to invest 710.2 billion won ($527 million) this year across 69 sectors to foster innovations propelled by artificial intelligence (AI) in people's daily lives, industries, and government administrative services, the Ministry of Science and ICT said Thursday.
Hanwha Ocean is moving to acquire Australian defense shipbuilder Austal, as part of its strategy to expand its presence in the global defense market and achieve further growth.
Seen is DAL-e Delivery, a delivery robot developed by Hyundai Motor and Kia. The carmakers released images and videos of their delivery robot, first unveiled at CES 2022, saying the robot can carry up to 10 kilograms in weight and is designed to work with buildings' elevator and door control systems to create optimal routes in real time for fast delivery. Courtesy of Hyundai Motor Group
LG Group Chairman Koo Kwang-mo emphasized that providing life-changing experiences beyond customers' expectations is the innovation that the conglomerate should pursue, the group said Wednesday.
Han Jong-hee, vice chairman and CEO of device experience division at Samsung Electronics, introduces the company’s Bespoke AI home appliances that feature enhanced AI function and better SmartThings internet of things (IoT) connectivity during a media conference at its Seoul office, Wednesday. Samsung said its refrigerators, robot vacuum cleaners, all-in-one washer-dryers, air conditioners and induction cooktops are powered with AI features to reduce energy use and provide seamless connectivity with users’ mobile devices, adding it will offer generative AI features in the second half of this year. Courtesy of Samsung Electronics
Korea is expanding its ecosystem of the e-Um 5G network service, as an amusement park launched a virtual roller coaster ride that utilizes the high-speed and ultra-low-latency private network service, the ICT ministry said Tuesday.