my timesThe Korea Times
namhw

Nam Hyun-woo

Korea Times Business Reporter

Nam Hyun-woo has worked as a staff writer at The Korea Times since 2013, mostly covering business and politics. He currently belongs to the Business Desk where he covers topics such as emerging tech, AI, ICT and Korea's chaebol community. Prior to joining the team, he was the paper's correspondent for the presidential office of Korea during the Yoon Suk Yeol and Moon Jae-in administrations.

Go to Email

Read more

Companies

Doosan on track for growth as portfolio aligns with AI industry

Doosan Group is expected to post strong growth as its key businesses are increasingly aligned with the core supply chain of the artificial intelligence (AI) industry. According to market tracker FnGuide, the consensus estimate among brokerages for Doosan Corp.'s second-quarter earnings is 5.5 trillion won ($3.62 billion) in sales and 465 billion won in operating profit, up 3 percent and 30 percent year-on-year, respectively. Doosan Corp. is the holding company of the conglomerate but is gaining market attention with its own electromaterials business, which supplies copper clad laminates (CCL) to chipmakers. CCL is a key material used in advanced chip substrates and printed circuit boards found in virtually all electronic devices. As AI servers and high-performance computing systems require fast processing of massive amounts of data, demand is growing for high-frequency, low-loss CCLs. In the first quarter of this year, the business group’s sales reached 617.3 billion won, growing 53.2 percent year-on-year to set a new record. Operating profit soared 59.9 percent year-on-year to stand a

Jun 19, 2026By Nam Hyun-woo
Doosan on track for growth as portfolio aligns with AI industry
Tech & Science

SK hynix ships 12-high HBM4E samples to customers

SK hynix said Thursday it has shipped samples of high-bandwidth memory 4E (HBM4E) for next-generation artificial intelligence (AI) processors to major customers. The company said it delivered 12-high HBM4E samples on schedule, and will work closely with partners for mass production “in a timely manner.” HBM4E is the seventh generation of HBM, a high-performance DRAM designed for rapid data processing and used in graphics processing units (GPUs) and other AI accelerators that require massive computing power. The previous version, HBM4, is set to be used for Nvidia’s Vera Rubin AI supercomputer, which will be released in the third quarter. HBM4E is also expected to be used for Vera Rubin Ultra platform next year. SK hynix said the 12-high HBM4E delivers improvements in both performance and power efficiency. The product offers a maximum data transfer speed of 16 gigabits per second (Gbps) per pin and more than 20 percent higher power efficiency compared to previous models. The HBM4E reduces data transfer latency through its latest interface and design optimization while maintaining sta

Jun 18, 2026By Nam Hyun-woo
SK hynix ships 12-high HBM4E samples to customers
Tech & Science

Anthropic opens Seoul office to expand ties with Korean AI ecosystem

U.S. artificial intelligence (AI) firm Anthropic opened its Seoul office on Wednesday, as the operator of Claude seeks to expand its ties with Korea’s AI ecosystem. “Korean companies and institutions recognize innovation and safety as goals that must go hand in hand, not a contradicting value,” Anthropic Korea Representative Director Choi Ki-young said during a press conference. “Various organizations in the country are using Claude to create positive changes in the lives of millions of people around the world, and the opening of the Seoul office reflects our commitment to build a long-term foundation for collaboration with those leading Korea’s AI ecosystem.” Choi, who joined Anthropic two weeks ago, is a seasoned expert in Korea’s digital infrastructure industry, having served in leadership roles at Google Cloud, Microsoft Korea, Adobe and Snowflake. Anthropic International Managing Director Chris Ciauri said Anthropic believes its ultimate responsibility is AI safety, aligning the company with the Korean government and its AI Framework Act, a law designed to address risk

Jun 18, 2026By Nam Hyun-woo
Anthropic opens Seoul office to expand ties with Korean AI ecosystem
Tech & Science

IITP recognizes domestic AI chip ecosystem growth as Korea's top R&D achievement

The growth of Korea’s domestic artificial intelligence (AI) chip ecosystem is recognized as the country’s top research and development achievement in the field of information technology, the Institute of Information & Communications Technology Planning & Evaluation (IITP) said Wednesday. During a media conference, IITP, the policy-planning and management arm of the Ministry of Science and ICT, selected Korean firms’ improved presence in AI computing infrastructure, AI model developments, expanded AI transformation and nurturing researchers as noteworthy policy achievements. "Research and development, along with talent cultivation, are key drivers of Korea's competitiveness in AI and ICT," IITP President Hong Jin-bae said. "We will further strengthen our performance-oriented R&D support system to ensure that the AI and information and communication technology achievements accumulated over the years translate into industrial growth and tangible benefits for people's lives." Since 2020, the government has been making R&D investment worth over 470 billion won ($310.7 million) in the f

Jun 17, 2026By Nam Hyun-woo
IITP recognizes domestic AI chip ecosystem growth as Korea's top R&D achievement
Companies

Samsung Display showcases next-generation XR displays at AWE USA

Samsung Display is stepping up its push into the extended reality (XR) market by showcasing its latest RGB OLED on Silicon (OLEDoS) technology at AWE USA 2026 in Long Beach, California. The world's largest XR-focused exhibition opened Tuesday (local time) and will run through Thursday. The company said Wednesday it will present a range of RGB OLEDoS displays for mixed reality (MR) headsets and augmented reality (AR) smart glasses, highlighting the technology's high brightness, color reproduction and suitability for next-generation wearable devices. A centerpiece of the exhibition is a dark-room installation dubbed "The Big Dipper," where seven display panels recreate the constellation. Two of the panels feature Samsung Display's 1.3-inch RGB OLEDoS display capable of reaching 40,000 nits of brightness, allowing visitors to compare its performance with conventional displays. The company is also demonstrating prototype AR smart glasses equipped with a 0.62-inch RGB OLEDoS display. Through AR-based applications, visitors can access functions such as real-time translation, navigation and we

Jun 17, 2026By Nam Hyun-woo
Samsung Display showcases next-generation XR displays at AWE USA
Tech & Science

LG Innotek to co-develop large AI substrate with Big Tech firm

LG Innotek said it is working with a North American Big Tech company to develop large semiconductor substrates for artificial intelligence (AI) applications, with the company expecting "tangible results" by the end of this year. The company announced its substrate business road map during a press conference at its headquarters in western Seoul, Tuesday, noting that it plans to achieve over 1 trillion won ($662.6 million) in annual operating profit from the business by 2031, which is nearly a 10-fold growth compared to last year’s 128.9 billion won. However, it did not disclose the identity of its U.S. partner due to contractual restrictions. During the conference, Cho Ji-tae, head of LG Innotek's Package Solution Business, and Myeong Se-ho, vice president of development for the unit, said the company is developing large flip chip-ball grid array (FC-BGA) substrates and is discussing joint development plans with North American customers. "We are now working with North American customers to jointly develop over-100-body FC-BGA," Cho said. "These are customers that have made financial com

Jun 17, 2026By Nam Hyun-woo
LG Innotek to co-develop large AI substrate with Big Tech firm
Companies

Prospects of US-Iran deal open door for Korean builders, tech firms

The prospects for a peace deal between the United States and Iran are raising hopes for Korean firms to participate in postwar reconstruction efforts in the Middle Eastern country, with opportunities spanning the construction, energy and consumer electronics sectors. It is said that the Donald Trump administration plans to ease sanctions on Iran and also create a $300 billion investment fund to support the country's economic recovery. Should sanctions be eased, Iran's infrastructure and domestic economy could see renewed growth, creating opportunities for Korean companies to return to a market they once actively served. According to industry officials, major Korean construction companies, energy firms and consumer goods companies are reviewing potential opportunities linked to Iran’s reconstruction. The International Energy Agency said key energy assets had been damaged in more than 40 locations across nine countries, while independent research company Rystad Energy estimated the reconstruction market to be worth as much as $58 billion. Given their extensive track record in the region,

Jun 16, 2026By Nam Hyun-woo
Prospects of US-Iran deal open door for Korean builders, tech firms
Companies

CJ CheilJedang to roll out land-grown Korean seaweed

CJ CheilJedang will roll out land-grown Korean seaweed through a new commercialization facility, as the company looks to capitalize on growing global demand for Korean seaweed while responding to rising seawater temperatures and other climate change-driven disruptions. The company said Monday it will establish the land-based farming facility in Cheonan, South Chungcheong Province, in August. The move marks a commercialization stage following the company's development of Korea’s first seaweed land farming technology in 2018, successfully cultivating seaweed in a 3-ton tank in 2021 and securing a dedicated seaweed variety in 2022. The facility is scheduled for completion in the first half of next year, and seaweed products produced there will be marketed under the Bibigo Seaweed brand. To support the project, CJ CheilJedang will establish cooperation programs with local governments and fishing communities. The facility will be equipped with multiple tanks and cultivation systems. Based on its proprietary seaweed variety, seaweed life cycle control technology and integrated quality manage

Jun 15, 2026By Nam Hyun-woo
CJ CheilJedang to roll out land-grown Korean seaweed
Companies

LG Energy Solution courts battery experts in Chicago

LG Energy Solution said Monday it held a conference in Chicago to share its future vision and attract battery technology experts. The company hosted more than 40 researchers from leading U.S. universities and institutions at the Battery Tech Conference in Chicago on Saturday. The event served as both a technology showcase and a recruitment program, featuring LG Energy Solution CEO Kim Dong-myung and other senior executives. "Today, batteries are no longer just a product. They have become critical infrastructure powering virtually every aspect of the global energy ecosystem," Kim said in his opening remarks. "We organized this event to meet talented individuals who will help shape the future of the energy industry alongside us." Participants included master's and doctoral students, as well as researchers, from leading U.S. universities and research institutions, including Massachusetts Institute of Technology, Stanford University, the University of California, Berkeley, the University of Chicago and Argonne National Laboratory. They represented a diverse range of disciplines, including en

Jun 15, 2026By Nam Hyun-woo
LG Energy Solution courts battery experts in Chicago
Tech & Science

Ban on foreign access to Anthropic models highlights need for AI sovereignty

Anthropic's ban of foreign nationals' access to its most advanced artificial intelligence (AI) models in response to a U.S. government order highlights how cutting-edge AI tools have effectively become strategic assets subject to government export controls, experts said Sunday. With the Korean government and firms restricted from accessing those models, the move has reinforced calls for Korea to hedge against such risks through a more strategic approach and by strengthening its AI sovereignty. Anthropic on Friday cut off foreign access to its Fable 5 and Mythos 5 models, saying the U.S. government believes there is a method of bypassing a safeguard against using the model to find cybersecurity holes. Mythos 5 is Anthropic's security-focused model designed to identify software vulnerabilities at an expert level, while Fable 5 is a safety-tuned version developed for broader public deployment. The latest restrictions were imposed in the form of a U.S. export control measure, according to Anthropic. News website Semafor reported that the move was prompted by concerns that a China-linked grou

Jun 14, 2026By Nam Hyun-woo
Ban on foreign access to Anthropic models highlights need for AI sovereignty
previous page
678910
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.