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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.

'Online platform regulation needed to correct abuse of power by dominant players': KCC chief

The Korea Communications Commission (KCC), the nation's broadcasting regulator, said the government’s move to regulate online platform operators is necessary to protect the interests of consumers and promote small and medium-sized companies, saying it will work to correct the dominant players’ abuse of power and unfair business practices, according to its chairman, Monday.

Feb 5, 2024By Baek Byung-yeul
'Online platform regulation needed to correct abuse of power by dominant players': KCC chief

Land minister vows to make smart cities Korea's key export

Korea will push forward with urban development in foreign countries using state and private firms' smart city technologies to support them in dealing with increasing population and rising housing demand, Land, Infrastructure and Transport Minister Park Sang-woo said Monday.

Feb 5, 2024By Ko Dong-hwan
Land minister vows to make smart cities Korea's key export

Merck vows to expand investment in Korea to support AI chips

Merck will actively support its Korean customers such as Samsung Electronics and SK hynix, which are expanding their investment in AI memory chips to meet surging demand for AI semiconductors, the head of the German company’s electronics business said Friday.

Feb 2, 2024By Baek Byung-yeul
Merck vows to expand investment in Korea to support AI chips

Samsung-Baidu partnership unlikely to bolster appetite for Galaxy S24 among Chinese consumers

The latest partnership between Samsung Electronics and Baidu on the Galaxy S24 series might hardly help the Korean smartphone giant regain its lost market share in China, according to consumers and analysts, Thursday.

Feb 2, 2024By Ann Cao
Samsung-Baidu partnership unlikely to bolster appetite for Galaxy S24 among Chinese consumers

Korea, US, Japan join forces to enhance cybersecurity, network, digital capabilities

Korea has agreed to strengthen cooperation in the digital field, including cybersecurity, network technology and digital capacity building, with the United States and Japan in a meeting with representatives of the three countries' digital sectors, the ICT ministry said Thursday.

Feb 1, 2024By Baek Byung-yeul
Korea, US, Japan join forces to enhance cybersecurity, network, digital capabilities

Stage X picked as new mobile carrier in Korea

A local consortium was selected as the new operator of the 28 gigahertz (GHz) band of the fifth-generation network (5G) in South Korea on Wednesday, the science ministry said, becoming the country's fourth mobile carrier.

Jan 31, 2024
Stage X picked as new mobile carrier in Korea

Samsung expects chip business to shift to profit in Q1 on rising AI demand

Samsung Electronics expects to see its semiconductor business swing back to profit from the first quarter of this year buoyed by robust demand for AI memory chips, the chipmaker said Wednesday.

Jan 31, 2024By Baek Byung-yeul
Samsung expects chip business to shift to profit in Q1 on rising AI demand

LG CNS develops coding service based on generative AI

LG CNS has developed a large language model (LLM) optimized for generative AI services that can write code, targeting markets such as finance companies that place importance on data security, the company said Wednesday.

Jan 31, 2024By Baek Byung-yeul
LG CNS develops coding service based on generative AI

Korea to foster AI-led manufacturing to boost productivity, cope with worker shortage

Manufacturing sectors in the country will begin a transformation by deploying artificial intelligence (AI) technologies around assembly lines in production plants as the government is seeking to resolve a chronic worker shortage problem, according to the Ministry of Trade, Industry and Energy, Wednesday.

Jan 31, 2024By Ko Dong-hwan
Korea to foster AI-led manufacturing to boost productivity, cope with worker shortage

Why Samsung, TSMC build advanced chip production lines on home turfs, not overseas

Samsung Electronics and Taiwan Semiconductor Manufacturing Co. (TSMC) are building the most cutting-edge semiconductor plants only on their home turfs, even when they rush to expand investments in the U.S., Japan and elsewhere, because setting up advanced facilities abroad costs more and poses more political uncertainties, according to industry officials, Tuesday.

Jan 30, 2024By Ann Cao
Why Samsung, TSMC build advanced chip production lines on home turfs, not overseas
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