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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.

LG unveils Korea’s 1st open-source AI EXAONE 3.0

LG Artificial Intelligence (AI) Research announced, Wednesday, the release of its latest AI model, EXAONE 3.0, as an open-source resource for research purposes. This marks the first time a Korean company has launched an open-source AI system, enabling developers to use the model without needing to obtain permission.

Aug 7, 2024By Nam Hyun-woo
LG unveils Korea’s 1st open-source AI EXAONE 3.0

Expectations grow on Samsung's possible HBM3E chip supply to Nvidia

Expectations are growing over Samsung Electronics' possible supply of fifth-generation high-bandwidth memory chips, or HBM3E, to Nvidia, upon a report on Wednesday that Samsung's eight-layer HBM3E has passed Nvidia's qualification tests.

Aug 7, 2024By Nam Hyun-woo
Expectations grow on Samsung's possible HBM3E chip supply to Nvidia

Hyundai Motor to invest $28 mil. in Thailand to assemble EVs, batteries: Thai BOI

Hyundai Motor, Korea's leading automotive company, plans to invest $28 million in Thailand to establish a production facility for electric vehicles (EVs) and batteries, the country's Board of Investment (BOI) said Wednesday.

Aug 7, 2024By Yonhap
Hyundai Motor to invest $28 mil. in Thailand to assemble EVs, batteries: Thai BOI

SK hynix wins $950 mil. in US grants, loans for AI chip plant in Indiana

The U.S. Department of Commerce announced Tuesday (Korea Standard Time) that it will provide up to $450 million in incentives and $500 million in loans to SK hynix in return for the chipmaker’s construction of a memory packaging plant for artificial intelligence (AI) products and an advanced packaging R&D facility in Indiana.

Aug 6, 2024By Nam Hyun-woo
SK hynix wins $950 mil. in US grants, loans for AI chip plant in Indiana
  • Korean investors dump Nvidia stocks as AI's luster fades

Why Apple considers early launch of iPhone 16 in Korea

Expectations are growing among Apple users in Korea as rumors suggest that Korea could be among the first regions for the iPhone 16 launch. If true, this would mark the first time since the iPhone 3GS debuted in 2009 that Korea is included in the initial-release countries for a new iPhone model.

Aug 6, 2024By Nam Hyun-woo
Why Apple considers early launch of iPhone 16 in Korea

PUBG developer Krafton hires ex-Riot Games exec to boost global publishing

Jin Oh, a former executive at Riot Games and Blizzard Entertainment, will join the top brass of Krafton as chief global publishing officer (CGPO), as part of the company’s efforts to enhance its capabilities in publishing titles globally, the PUBG: Battlegrounds developer said Tuesday.

Aug 6, 2024By Nam Hyun-woo
PUBG developer Krafton hires ex-Riot Games exec to boost global publishing

LG Display seeks rebound by selling Guangzhou LCD plant

LG Display will negotiate with a preferred bidder over the sale of its large LCD plant in Guangzhou, aiming to improve the panel giant's fiscal prudence and accelerate its focus on OLED technology.

Aug 5, 2024By Nam Hyun-woo
LG Display seeks rebound by selling Guangzhou LCD plant

SK hynix to focus on advanced packaging tech for next-generation HBM chips

SK hynix, the world's second-largest maker of memory chips, said Monday it will focus on developing advanced packaging technologies for next-generation high bandwidth memory (HBM) chips, aiming to solidify its leadership position in the booming artificial intelligence (AI) chip market.

Aug 5, 2024By Yonhap
SK hynix to focus on advanced packaging tech for next-generation HBM chips

Samsung takes different path from LG, SK to counteract battery industry slump

Samsung SDI’s commitment to making large-scale investments as planned is differentiating the battery maker from its competitors — LG Energy Solution (LGES) and SK On — and Korean cathode materials producers, all of which have decided to slow down their investments amid decelerating global demand for electric vehicles (EVs), according to industry officials, Sunday.

Aug 4, 2024By Park Jae-hyuk
Samsung takes different path from LG, SK to counteract battery industry slump
  • SK, Lotte delay building copper foil plants in Europe amid EV glut

Line app operator announces buyback, SoftBank, Naver voting rights to fall

Japan's LY Corp, operator of the Line messaging app, announced a share buyback on Friday that will lower the voting rights of heavyweight joint stakeholders SoftBank Corp and South Korea's Naver.

Aug 2, 2024By Reuters
Line app operator announces buyback, SoftBank, Naver voting rights to fall
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