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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.

Samsung launches new Galaxy devices globally

Visitors to Samsung Electronics' store in New York try out the company's latest tablet PC Galaxy Tab S9 in this photo provided by the company, Thursday. The company said it launched its latest Galaxy devices, including the Galaxy Z Flip 5, the Galaxy Z Fold 5, the Galaxy Watch 6 and the Galaxy Tab S9 tablet PCs, in the global market. Courtesy of Samsung Electronics

Aug 10, 2023By Baek Byung-yeul
Samsung launches new Galaxy devices globally

Samsung, LG, Hyundai E&C, LH to launch smart home alliance, explore biz opportunities abroad

ICT Minister Lee Jong-ho announces a plan to develop the country's smart home industry during an emergency meeting of economy-related ministers at the Government Complex in Seoul, Wednesday. YonhapBy Baek Byung-yeulThe government will launch a smart home alliance with leading IT and construction companies, including Samsung Electronics, LG Electronics, Hyundai E&C and Korea Land & Housing Corp. (LH), by the end of the year, according to the ICT minister. "The smart home market is changing rapidly. Global companies are already leading standardization and focusing on service differentiation, so it is urgent to take advantage of the global market transition period to create new markets,” ICT Minister Lee Jong-ho said during an emergency meeting of economy-related ministers in Seoul.He added the government will cooperate with local companies to “discover leading intelligent home business models and services that apply global standards and support the development of the aftermarket to enable the use of smart homes.”The industry view is the future smart home will

Aug 9, 2023By Baek Byung-yeul
Samsung, LG, Hyundai E&C, LH to launch smart home alliance, explore biz opportunities abroad

SK hynix unveils industry's 1st 321-layer NAND memory chips

SK hynix's 321-layer NAND flash memory chips / Courtesy of SK hynixBy Baek Byung-yeulSK hynix unveiled a sample of its 321-layer 4D NAND flash memory chip, marking the industry's first development of a flash memory chip over 300-layer, the company said, Wednesday.The company added it will begin to mass-produce the 321-layer NAND flash memory chips with 1 terabit capacity in the first half of 2025 in order to better target the rapidly growing AI market that requires high-performance and high-capacity chips.The memory chip maker made the announcement at this year's Flash Memory Summit, the world's largest flash memory chip event, which is underway in Santa Clara, California.“Based on the experience of successfully developing the industry's highest 238-layer NAND, which is already in mass production, we are on smooth progress for the development of the 321-layer product,” a company spokesperson said. “With another breakthrough to address stacking limitations, SK hynix will open the era of NAND with more than 300 layers and lead the market.”The company said the pr

Aug 9, 2023By Baek Byung-yeul
SK hynix unveils industry's 1st 321-layer NAND memory chips

World scientists see no signs of superconductivity in Korea's LK-99

Scientists around the world have been trying to replicate LK-99 (pictured above), a material that is claimed to be a room-temperature superconductor by a team of Korean researchers. Courtesy of Quantum Energy Research CentreResearchers say Korean team's work provides new direction in search for high-temperature superconductorsBy Holly ChikLaboratories worldwide are working to replicate a material that Korean scientists claimed to be a room-temperature superconductor. But so far, international researchers have yet to observe signs of superconductivity in LK-99 produced in their laboratories.Scientists said the profound public attention on the new material shows the great interest in superconductors under ambient conditions for their wide applications, but also the importance of verifying scientific discoveries.Superconducting materials, sometimes demonstrated to be levitating over magnets, have zero electric resistance and expel magnetic fields. They have been achieved at extremely low temperatures and are in use for magnetic levitation trains and MRI medical imaging machines.A room-t

Aug 8, 2023By Holly Chik
World scientists see no signs of superconductivity in Korea's LK-99

SK Telecom on course to morph into AI company

Ryu Young-sang, right, CEO of SK Telecom, poses with Jonathan Abrahamson, left, head of product management for digital at Deutsche Telekom, Khalifa Al Shamsi, second from left, CEO of e& life, and Anna Yip, deputy CEO of Singtel during a Global Telco AI Alliance CEO Summit meeting at the Grand Walkerhill Seoul hotel, July 27. Courtesy of SK TelecomBy Baek Byung-yeulSK Telecom is rapidly diversifying its business portfolio from telecommunications to AI, data centers and cloud computing as sales of its data center and cloud businesses have seen significant growth in the second quarter, the leading mobile carrier said Tuesday.The company added it is also increasing its leadership in emerging businesses such as metaverse and urban air mobility (UAM) by increasing the number of service users and investing more in global leading aircraft maker Joby Aviation to improve its future capabilities.In its second-quarter earnings announcement, SK Telecom said it generated 4.3064 trillion won ($3.27 billion) in sales and an operating profit of 463.4 billion won, up 0.4 percent and 0.8 percent f

Aug 8, 2023By Baek Byung-yeul
SK Telecom on course to morph into AI company

AWS to support Korean startups with Generative AI Accelerator

Luke Anderson, managing director of Generative AI and Machine Learning at AWS APJ, speaks during a press conference at AWS Korea's headquarters in Seoul, Tuesday. Korea Times photo by Baek Byung-yeulBy Baek Byung-yeulAmazon Web Services (AWS) will help Korean AI startups grow with its Generative AI Accelerator, a program that combines powerful AI tools with business, technical mentors and experts, the global-leading cloud computing service provider said Tuesday.Luke Anderson, managing director of Generative AI and Machine Learning at AWS APJ, said AWS Korea will launch a six-week-long AI startup accelerator program in cooperation with local venture capitals ― Saehan Venture Capital and KB Investment to help creative Korean companies grow with AWS' superior AI technology and accelerator programs.Startups participating in the AWS Generative AI Accelerator program will receive up to $200,000 in AWS credit in addition to a variety of technical support.AWS has been offering various support tools to better help customers in the field of generative AI, which has been recognized as a game ch

Aug 8, 2023By Baek Byung-yeul
AWS to support Korean startups with Generative AI Accelerator

LG Display becomes Bosch's top supplier

Kim Byeong-koo, second from right, head of LG Display's Auto Business Group, poses with Erik Rein, left, senior vice president of Bosch, Arne Flemming, second from left, senior vice president of Bosch, and Song Kyung-ho, head of LG Display Europe, after winning the top award at the Bosch Global Supplier Award 2023 ceremony, in this photo provided by LG, Monday. Courtesy of LG DisplayBy Baek Byung-yeulLG Display was named the top supplier for German auto parts maker Bosch, demonstrating its market dominance in the automotive display business, the display maker said Monday.LG Display said it recently became a top global supplier of Bosch, adding this is the first time for the global-leading auto parts maker to select display manufacturers. Every two years since 1987, Bosch has given out the global top supplier award to the top 0.1 percent of its 35,000 suppliers worldwide for outstanding performance.“As in-vehicle displays have become increasingly important due to advances in self-driving technology and the recent trend of launching more luxury and larger vehicles, Bosch establis

Aug 7, 2023By Baek Byung-yeul
LG Display becomes Bosch's top supplier

Danuri unveils lunar crater photos on first anniversary of launch

Seen is an image of the moon's Hermite-A crater taken by Danuri's high-resolution camera on July 9. Courtesy of Ministry of Science and ICTBy Baek Byung-yeulDanuri or Korea Pathfinder Lunar Orbiter (KLPO) unveiled photos of the moon, including exotic craters, to mark the first anniversary of its launch from Earth on August 5, 2022, to orbit the moon and conduct scientific research, the science ministry said Monday.The Ministry of Science and ICT and the Korea Aerospace Research Institute (KARI) held a ceremony to commemorate the first anniversary and released images of the moon taken by Danuri's cameras.The photos include images of Hermite-A Crater, which is expected to contain large amounts of ice, taken by a high-resolution camera, and Sverdrup Crater, a permanently shadowed area on the moon's South Pole, taken by the National Aeronautics and Space Administration's (NASA) ShadowCam equipment.Seen is a photo of Sverdrup Crater on the Moon taken by Danuri's ShadowCam equipment on Feb. 16. Courtesy of Ministry of Science and ICT“Danuri was launched at 8:08 a.m., Friday, August 5

Aug 7, 2023By Baek Byung-yeul
Danuri unveils lunar crater photos on first anniversary of launch

Microsoft Korea names IT expert as new CEO

Cho Won-woo, new CEO of Microsoft Korea / Courtesy of Microsoft KoreaBy Baek Byung-yeulMicrosoft Korea appointed Cho Won-woo, a well-known IT expert here, as its new CEO, as the company looks to strengthen its business in the Korean market to accelerate its digital transformation, the Korean unit of the U.S. IT giant said Tuesday.The company said the new CEO, also known by his English name Willy Cho, will officially take over the CEO's role on Aug. 21, adding that he has more than 25 years of experience in business-to-business (B2B) sectors, including cloud computing, digital solutions and enterprise software.Prior to joining Microsoft Korea, Cho served as president of Megazone Cloud and GE Digital Korea, where he was responsible for domestic business strategy, operations and new business development. He also served in senior leadership roles at Amazon Web Services (AWS) and Cisco Systems.Microsoft said the new CEO will lead the company's business, focusing on enabling a digital transformation and continuous innovation across domestic enterprises, communities and the country with its

Aug 6, 2023By Baek Byung-yeul
Microsoft Korea names IT expert as new CEO

ANALYSIS Samsung, SK warned over US moves to restrict 'legacy chips' in China

U.S. Secretary of State Antony Blinken, right, shakes hands with Wang Yi, then-head of the Foreign Affairs Commission of the Communist Party of China's Central Committee, during their bilateral meeting on the sidelines of the Association of Southeast Asian Nations (ASEAN) Foreign Ministers' Meeting in Jakarta, July 13. AFP-Yonhap US considers asking Korean chip duo to expand limit on expansion of 'mature' chip output in China: Washington sources By Kim Yoo-chulIt is no exaggeration to say that “legacy chips” are everywhere from military applications to automobiles, aircraft, home appliances, medical devices and consumer electronics.In the semiconductor industry, legacy, or mainstream chips are typically made using verified and established manufacturing processes. The clear determination about what exactly legacy chip means is still pending, however, the CHIPS and Science Act clarifies them as those manufactured with 28 nanometer (nm), or larger, technology.Regarding

Aug 6, 2023By Kim Yoo-chul
[ANALYSIS] Samsung, SK warned over US moves to restrict 'legacy chips' in China
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