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.
AfreecaTV is outperforming local internet giants Naver and Kakao in the local video streaming market as high-profile streamers have announced their move to the domestic platform after the U.S. company Twitch announced its withdrawal from the Korean market, according to industry experts, Sunday.
The year 2023 was a year of significant events for Korea's space industry. The Danuri, Korea's first lunar orbiter, which entered the moon's orbit in December 2022, officially began scientific observations from lunar orbit in January. In May, the country successfully launched a Nuri space launch vehicle for the third time, placing eight satellites in orbit, and solidified its position as an emerging space power.
OCI Group, a chemical, solar power and electric car battery material maker, and drug developer Hanmi Pharmaceutical Group, will merge under a new corporate body to enhance competitiveness in the bio health care sector, according to the companies, Sunday.
The Korea Aerospace Administration (KASA), which will open in May, will help create 500,000 jobs in the space industry and nuture more than 2,000 companies by 2045, according to Minister of Science and ICT Lee Jong-ho, Thursday.
A video promoting Samsung Electronics’ new Galaxy smartphone unveiling event is being showcased at the Sphere, a music and entertainment arena in Las Vegas, Monday (local time). Samsung will host the Galaxy Unpacked event in San Jose, Jan. 17, where the company will unveil the new Galaxy smartphone, forecast to be called the Galaxy S24 and featuring AI functions. Courtesy of Samsung ElectronicsA video promoting Samsung Electronics’ new Galaxy smartphone unveiling event is being showcased at the Sphere, a music and entertainment arena in Las Vegas, Monday (local time). Courtesy of Samsung ElectronicsA video promoting Samsung Electronics’ new Galaxy smartphone unveiling event is being showcased at the Sphere, a music and entertainment arena in Las Vegas, Monday (local time). Courtesy of Samsung Electronics
Samsung Electronics revealed its vision for AI, pledging to make the burgeoning technology easily and safely usable in everyday life for everyone, its vice chairman said at the Consumer Electronics Show (CES) in Las Vegas, Monday (local time).
Samsung Electronics posted an operating profit of 6.54 trillion won ($4.98 billion) in 2023, which was the lowest in 15 years, due to a slump in the global semiconductor market, the company said, Tuesday.
Hyundai Motor Group is one of the largest conglomerates here and is involved in various sectors including automobiles and other mobility fields, as well as steel, construction, defense and finance.
Samsung Electronics and LG Electronics are seeking to strengthen their positions as global tech leaders by showcasing artificial intelligence (AI)-based innovative technologies and products at CES, the world’s largest tech show, according to the Korean tech companies, Monday.
Kia said its electric SUV EV9 was named the winner of the North American Utility Vehicle of the Year at the 2024 North American Car, Truck and Utility Vehicle of the Year (NACTOY) awards, being recognized for competitiveness in the U.S. and Canada, the company said Friday.