my timesThe Korea Times
lkm

Lee Kyung-min

Korea Times AI content 2 team Reporter

Value context and insight. lkm@koreatimes.co.kr

Go to EmailGo to URL

Read more

Companies

KAIST student becomes first Korean recipient of Apple Scholars fellowship

Lee Sea-nieBy Lee Kyung-minLee Sea-nie, a second-year doctoral degree student at the Korean Advanced Institute of Science and Technology (KAIST) has made the list of 2023 recipients of the Apple Scholars in AI/ML PhD fellowship, a program for developing excellence in the fields of artificial intelligence and machine learning, according to the university, Sunday.Lee is the first Korean to receive the Apple Scholars in AI/ML PhD fellowship. He will be mentored by Apple engineers.He will be among 22 Ph.D. students from leading universities around the world, including Johns Hopkins University, Massachusetts Institute of Technology (MIT) and Stanford University. Only four Asian students were among the recipients. Two are from China and one is from Hong Kong. Lee is a researcher in the field of “transfer learning,” a research problem in machine learning that focuses on storing gained knowledge while solving a problem and applying it to a different but related problem. For example, knowledge gained while learning to recognize cars could be applied when trying to recognize trucks

Mar 20, 2023By Lee Kyung-min
KAIST student becomes first Korean recipient of Apple Scholars fellowship
Companies

Land minister fortifies city building cooperation with Indonesia

Minister of Land, Infrastructure and Transport Won Hee-ryong, center left, and Kao Kim Hourn, center right, Secretary-General of the Association of Southeast Asian Nations (ASEAN), discuss ways to fortify cooperation between Korea and ASEAN nations during a meeting in Indonesia, March 17 (local time). Courtesy of Ministry of Land, Infrastructure and TransportBy Lee Kyung-minMinister of Land, Infrastructure and Transport Won Hee-ryong has met with top policymakers in Indonesia, in a move to fortify cooperation in the areas of mobility, infrastructure and city building, as well as overseas development assistance (ODA) in the logistics, aviation and transport industries, the ministry said Sunday. The top transport policymaker is on a five-day trip to the Southeast country seeking expanded bilateral cooperation to help 52 strong industry players win large orders for development projects there.Other than Indonesia's authorities, Won met with Kao Kim Hourn, Secretary-General of the Association of Southeast Asian Nations (ASEAN) to advance the reciprocity between Korean and ASEAN nations, a

Mar 19, 2023By Lee Kyung-min
Land minister fortifies city building cooperation with Indonesia
Companies

Seoul withdraws WTO suit about Japan's export curb

Minister of Trade, Industry and Energy Lee Chang-yang speaks during a press briefing at the Prince Park Tower Tokyo, Thursday. YonhapBy Lee Kyung-minKorea decided to withdraw a lawsuit filed with the World Trade Organization (WTO) over Japan's curbs on three key materials needed to manufacture semiconductors and displays, the trade ministry said Thursday.The announcement coincided with Japan's move to lift a four-year export restriction on fluorine polyimide, photoresist and hydrogen fluoride.Japan produces about 90 percent of fluorine polyimide and photoresist and around 70 percent of hydrogen fluoride, which is why local semiconductor industries were left helpless following the export curbs.Propelling the rapprochement between the two countries is an ongoing summit in Japan between President Yoon Suk Yeol and his Japanese counterpart Fumio Kishida.“Today's development is not limited to resolving export control issues. It will become the cornerstone of the new future-oriented Korea-Japan ties,” Minister of Trade, Industry and Energy Lee Chang-yang said after the summit i

Mar 16, 2023By Lee Kyung-min
Seoul withdraws WTO suit about Japan's export curb
  • Yoon announces 'complete normalization' of military intel-sharing pact with Japan
  • Yoon, Kishida agree to resume 'shuttle diplomacy'
Companies

Animal waste generates alternative energy

A bird's-eye view of Chilseong Energy in Cheongyang, South Chungcheong Province / Joint Press CorpsBy Lee Kyung-minWhat if you could make 140 million won ($106,670) with just 10 million won? And what if such investment was part of a government project to foster energy recycling?This seemingly self-explanatory windfall opportunity has been met with cynicism by some who have spent their whole lives growing crops and raising livestock. These farmers are many things, but being open to change is not one of them.Kang Seok-jin, who farms tomatoes and melons in Cheongyang, South Chungcheong Province, could have remained one of them, but he did not. He was the only one who netted a 14-fold return on investment.He had not given it too much thought. Then he met with a group of agriculture ministry officials who convinced him that the ministry-promoted animal waste recycling project will save him the money needed to keep his farm warm enough to make his tomatoes and melons bigger and more flavorful. “The bigger they are, the healthier and more valuable they are,” Kang said.This not o

Mar 16, 2023By Lee Kyung-min
Animal waste generates alternative energy
Companies

Korean steelmakers downsize China operations amid intensifying competition

A steel mill operated by Hyundai Steel in Dangjin, South Chungcheong Province / Korea Times fileBy Lee Kyung-minHyundai Steel, the steel affiliate of Hyundai Motor Group, has decided to sell its Beijing entity, crushed by a net loss of over 100 billion won ($70 million) over the past five years, according to market watchers, Thursday. The rapid losses of Hyundai's China entity, Hyundai Beijing Steel Process, which marked a net loss of 49.6 billion won in 2021, was in line with the declining Chinese market presence of Hyundai Motor and its sister firm Kia, the major buyers of the steel affiliate's products.Hyundai Steel is among many leading local steel manufacturers downsizing their Chinese operations in recent years. POSCO, Korea's steel titan, sold its stakes in Continuous Galvanizing Line (CGL), its automotive steel sheet manufacturing entity in Guangdong, to a joint entity it set up with a Chinese steelmaker.Similarly, Dongkuk Steel sold 90 percent of its stake in Dongkuk Steel China last year to a local government in China.The recent poor performance of local steel firms is expl

Mar 16, 2023By Lee Kyung-min
Korean steelmakers downsize China operations amid intensifying competition
Companies

Korea to build $229 bil. mega chip cluster in Seoul metro area by 2042

President Yoon Suk Yeol, third from right in the front, speaks during a meeting at Cheong Wa Dae, the former presidential compound, in Seoul, Wednesday. Joint Press CorpBy Lee Kyung-minThe government will seek 300 trillion won ($229 billion) in investments from the private sector to establish the world's largest high-tech semiconductor cluster in Gyeonggi Province surrounding Seoul by 2042, the trade and land ministries said Wednesday.The massive investment will be handled solely by Samsung Electronics. The Korean semiconductor powerhouse plans to invest the amount to build the Yongin cluster over the next two decades. Market watchers say this will be a game changer for the Korean firm to challenge the dominant global market presence of its competitor TSMC of Taiwan.Samsung and TSMC are the only two able to mass-produce chips using the 5-nanometer (nm) process, the latest and the most advanced technology in semiconductor manufacturing. Samsung's strengthening of its foundry facility capacity will drastically increase its competitiveness in technological development, output and subseq

Mar 15, 2023By Lee Kyung-min
Korea to build $229 bil. mega chip cluster in Seoul metro area by 2042
  • Samsung to invest $46.2 billion over next decade for regional growth
Companies

UNICEF, LG Chem ink $200 mil. contract to supply vaccines for 80 mil. infants

Eupolio, a polio vaccine, manufactured by LG Chem / Courtesy of LG Chem.By Lee Kyung-minLG Chem has signed a $200 million (261 billion won) contract with the United Nations International Children's Emergency Fund (UNICEF), to supply vaccines for up to a combined 80 million infants worldwide, the firm said Tuesday. The international agency under the United Nations is responsible for providing humanitarian and developmental aid to children.Of particular significance is the fact that the firm won over 30 percent of the order total, cementing its place as a global leader in the manufacturing of vaccines for infants. Half of the supplies are for Eupolio, a polio vaccine. The other half is for Eupenta, a vaccine that can help treat five diseases: diphtheria, tetanus, pertussis (whooping cough), hepatitis B and Haemophilus influenzae type b. Polio, or infantile paralysis, is an acute viral infectious disease of the nervous system. Newly infected persons typically experience symptoms of fever, headache, nausea, fatigue and muscle pains and spasms. In less than 1 percent of cases, those sympt

Mar 14, 2023By Lee Kyung-min
UNICEF, LG Chem ink $200 mil. contract to supply vaccines for 80 mil. infants
Companies

Daejeon plant fire adds to woes of Hankook Tire

Fire authorities inspect the site of fire at the manufacturing plant of Hankook Tire & Technology in Daejeon, Monday. YonhapBy Lee Kyung-minA fire at a manufacturing plant of Hankook Tire & Technology, Korea's largest tire manufacturer, is adding to concerns about the firm's bleaker corporate outlook for the foreseeable future, according to market watchers, Monday.The fire destroyed over 400,000 tires in Daejeon, Sunday, hospitalizing 11 people including rescue workers and firm employees being treated mostly for toxic smoke inhalation. It took about 10 hours to extinguish the fire, according to fire authorities.The profit-denting incident is the latest in a series of developments unfavorable to the tire manufacturer in recent months.Company CEO Cho Hyun-bum was arrested last week on charges of breach of trust and embezzlement of a combined 20 billion won ($15 million), fueling concerns that the firm under his leadership will see a slump in exports of its key products and delays in overseas investments.Stalled labor talks pose another risk to Hankook, as indicated by months of

Mar 13, 2023By Lee Kyung-min
Daejeon plant fire adds to woes of Hankook Tire
Companies

KAIST to develop advanced drones amid growing NK threat

A soldier engages in a response drill to counter attacks by small unmanned drones at an air force base in Gunsan, North Jeolla Province, Feb. 12. Korea Times fileYoon Yong-jin / Courtesy of Korea Advanced Institute of Science and TechnologyBy Lee Kyung-minKorea Advanced Institute of Science and Technology (KAIST) will initiate an in-depth research project to develop new drone technologies, the university said, Monday, to better prepare against attacks using remotely-piloted aircraft.The announcement coincides growing fears of North Korea's attempts to send surveillance drones to South Korea. In December of last year, a number of unmanned drones sent by North Korea infiltrated South Korean airspace and stayed about seven hours over areas in Gyeonggi Province. The military failed to detect them, amplifying concerns of security breaches. KAIST Professor of mechanical engineering Yoon Yong-jin at has won a 12.95 billion won ($9.9 million) government grant to advance research into the development and commercialization of drones through 2026, the university said Monday. The money is part o

Mar 13, 2023By Lee Kyung-min
KAIST to develop advanced drones amid growing NK threat
Companies

Doosan Enerbility strengthens SMR materials, liquefied hydrogen biz

Trade, Industry and Energy Second Vice Minister Park Il-jun, second from left, speaks during a meeting at Doosan Enerbility's hydrogen liquefaction plant in Changwon, South Gyeongsang Province, Thursday. YonhapDoosan Enerbility Chairman & CEO Park Gee-won / Korea Times fileBy Lee Kyung-minDoosan Enerbility, the energy affiliate of Doosan Group, is strengthening its small modular reactor (SMR) and liquefied hydrogen businesses, according to market watchers, Friday. SMRs are the next generation of nuclear reactors that are smaller and produce less output.The Doosan affiliate said it signed a contract with NuScale Power, a leading U.S. entity specializing in SMR technology, to produce the first upper reactor pressure vessel (RPV) long lead material (LLM).The material is essential to manufacturing the first NuScale power modules scheduled to be in commercial operation at a plant run by the Utah Associated Municipal Power Systems' Carbon Free Power Project as early as 2029.The contract followed a review of SMR production viability followed by prototyping in 2019, a three-year joint ef

Mar 10, 2023By Lee Kyung-min
Doosan Enerbility strengthens SMR materials, liquefied hydrogen biz
previous page
148149150151152
next page

Top 5 stories

Korea Times
About Us
Introduction
History
Contact Us
Products & Services
Subscribe
E-paper
RSS Service
Content Sales
Site Map
Policy
Code of Ethics
Ombudsman
Privacy Policy
Youth Protection Policy
Terms of Service
Copyright Policy
Family Site
Hankookilbo
Dongwha Group
FacebookXYoutubeInstagram
CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.