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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

Hyundai E&C wins $2.4 bil. contract to build 2 nuclear reactors

A Hyundai E&C-led consortium won a 3.1 trillion won ($2.4 billion) contract with Korea Hydro & Nuclear Power (KHNP) to build Shin-Hanul reactors 3 and 4 in Uljin, North Gyeongsang Province, according to the construction company, Monday.

Dec 25, 2023By Baek Byung-yeul
Hyundai E&C wins $2.4 bil. contract to build 2 nuclear reactors
Tech & Science

LG's US unit to showcase digital health, clean tech at CES 2024

LG Nova, a Silicon Valley-based innovation center of LG Electronics, will join the upcoming Consumer Electronics Show (CES) in January to showcase future technologies that LG has been focusing on, the company said Monday.

Dec 25, 2023By Baek Byung-yeul
LG's US unit to showcase digital health, clean tech at CES 2024
Companies

Hyundai's presence grows in India, shrinks in Russia

Hyundai Motor, which recently decided to sell its Russian plant due to the impact of the Russia-Ukraine war, is demonstrating successful market diversification into India and Southeast Asia, winning the India Car of the Year 2024 award, the company said Sunday.

Dec 24, 2023By Baek Byung-yeul
Hyundai's presence grows in India, shrinks in Russia
Companies

Novavax's updated COVID-19 vaccine to help provide wider array of choices

SK bioscience began its domestic supply of Novavax’s updated COVID-19 vaccine, which targets the XBB.1.5 variant, Dec. 18, as part of the country’s effort to provide a wider range of vaccine choices in addition to mRNA-based vaccines, according to the vaccine maker, Sunday.

Dec 24, 2023By Baek Byung-yeul
Novavax's updated COVID-19 vaccine to help provide wider array of choices
Tech & Science

Hyundai Motor to unveil self-driving unit 42dot's technology at CES 2024

42dot, a self-driving software subsidiary of Hyundai Motor Group, will participate in the upcoming Consumer Electronics Show (CES), to unveil its business strategy and technology for a software-defined vehicle (SDV) under the theme of AI Machine, the company said Friday.

Dec 23, 2023By Baek Byung-yeul
Hyundai Motor to unveil self-driving unit 42dot's technology at CES 2024
Companies

POSCO chairman likely to seek 3rd term

POSCO Group Chairman Choi Jeong-woo appears to be seeking a third term as he recently purchased additional shares of POSCO Holdings, the group's holding company, additionally the board has changed the chairman selection rules while remaining silent about the current chairman's future course of action, according to industry officials, Friday.

Dec 22, 2023By Baek Byung-yeul
POSCO chairman likely to seek 3rd term
Tech & Science

Bank of Korea, Naver join forces to offer new AI-based financial service

Rhee Chang-yong, right, governor of the Bank of Korea, and Naver CEO Choi Soo-yeon pose after signing a memorandum of understanding to cooperate on Naver’s AI technology regarding financial and economic sectors at the state-run financial institution’s headquarters in central Seoul, Friday. Naver said it plans to provide a public service that searches, summarizes and recommends various data held by the Bank of Korea by utilizing the tech giant's hyperscale AI HyperCLOVA X. Also, the two will work together on ways to improve productivity by incorporating advanced IT technologies such as AI, big data, IoT and the cloud into the Bank of Korea's business. Courtesy of Naver

Dec 22, 2023By Baek Byung-yeul
Bank of Korea, Naver join forces to offer new AI-based financial service
Companies

Coway solidifies dominance in bidet market

Coway is strengthening its dominance in the domestic bidet market with its new products that have enhanced self-sterilizing features, the company said, Thursday.

Dec 22, 2023By Baek Byung-yeul
Coway solidifies dominance in bidet market
Tech & Science

Gov't to inspect YouTube, Netflix over rate hikes

The government will inspect YouTube and Netflix over irregularities in service fee increases and service policy changes, the Korea Communications Commission (KCC) said Thursday.

Dec 21, 2023By Baek Byung-yeul
Gov't to inspect YouTube, Netflix over rate hikes
Tech & Science

Huawei vows to continue supporting Korea's digitalization, carbon neutrality

Huawei vowed to continue playing a crucial role in Korea’s digitalization and carbon neutrality and make efforts to nurture future ICT professionals, the CEO of its Korean unit said, Wednesday.

Dec 21, 2023By Baek Byung-yeul
Huawei vows to continue supporting Korea's digitalization, carbon neutrality
  • China's Huawei calls LG Uplus important global client
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