my timesThe Korea Times
Business

Tech & Science

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.

LG Electronics sets up 1st overseas TV R&D branch in Indonesia

Park Hyoung-sei, head of LG Electronics' Home Entertainment (HE) Division, speaks during an opening ceremony of the company's Indonesia R&D Lab in Cibitung, Indonesia, Thursday. Courtesy of LG Electronics By Baek Byung-yeulLG Electronics established its first overseas R&D Lab in Indonesia dedicated to conducting research activities on TV products as part of its strategy to improve efficiency of new model development in the Southeast Asian nation, its largest TV production base in Asia, according to the company, Thursday.The home appliance maker said its Home Entertainment (HE) Division, which supervises its TV business, opened the R&D Lab in Cibitung, 3.5 kilometers from its TV production facility and about 40 kilometers from Jakarta where its sales entity is located.With the R&D Lab, LG Electronics completed its localized business structure, which starts with R&D and continues with production, sales and after-sales service.“As the variety of TVs made at our Indones

Jul 6, 2023By Baek Byung-yeul
LG Electronics sets up 1st overseas TV R&D branch in Indonesia

INTERVIEW Seoul's AI legislation could be game changer

Text from the ChatGPT page of the OpenAI website is shown in New York, Feb. 2. More than 150 executives are urging the European Union to rethink the world's most comprehensive rules for artificial intelligence. In an open letter to EU leaders, June 30, the executives said the upcoming regulations will make it harder for companies in Europe to compete with rivals overseas, especially when it comes to the technology behind systems like ChatGPT. AP-YonhapThis is the first in a three-part series of interviews with global artificial intelligence (AI) technology experts regarding South Korea's ambition to become a hub for AI innovation so that the country can reap AI's national security and economic benefits. _ ED.Seoul plays delicate balancing act in Washington-Beijing AI rivalry: US expert By Kim Yoo-chulKorea has made notable strides in the field of artificial intelligence (AI), particularly in the development of large-scale AI models that have gained widespread attention for their parameters that surpass previous benchmarks.The rising popularity of real-time speech-to-text services pow

Jul 6, 2023By Kim Yoo-chul
[INTERVIEW] Seoul's AI legislation could be game changer

Korean scientists emphasize need to increase collaboration with global researchers

Young-Kee Kim, a physics professor at the University of Chicago, delivers a greeting during the inaugural World Congress of Korean Scientists & Engineers at KOFST's headquarters in southern Seoul, Wednesday. YonhapBy Baek Byung-yeulKorean scientists and researchers from around the world gathered in Seoul, Wednesday, to interact with scholars and researchers at the inaugural World Congress of Korean Scientists & Engineers. To advance, Korea's science and technology, they also emphasized the importance of forging more connections with global researchers."It is important for Korean researchers to collaborate with international research organizations and pursue diverse kinds of human resource exchange,” Young-Kee Kim, a physics professor at the University of Chicago, said during the event, introducing research about particle accelerators conducted in collaboration with countries around the world.“We are very grateful to the president for fulfilling his promise to invite Korean researchers from around the world for exchanges. We have already laid the foundation for coo

Jul 5, 2023By Baek Byung-yeul
Korean scientists emphasize need to increase collaboration with global researchers

More autonomous buses introduced across Seoul

An autonomous Hyundai Solati is in front of the National Assembly Hall, Wednesday. Courtesy of Seoul Metropolitan GovernmentBy Ko Dong-hwanSelf-driving transit buses are expanding their presence in Seoul, as the city introduced, Wednesday, a new route in Yeouido, western Seoul. It is the city's fifth autonomous bus service route.At 12 p.m., a Hyundai Solati, a diesel minibus accommodating up to 13 people, took to the road around the National Assembly and it drove a round trip of 3.1 kilometers that featured six stops around the parliament. Two autonomous buses run every 30 minutes from 10 a.m. to 4 p.m. from Monday to Friday, but they do not operate on statutory holidays and weekends. Those who want to ride the bus need a smartphone app called TAP!, where users can pre-book a ride by setting their departure and destination.With the new service route in Yeouido, autonomous transit bus services in Seoul took another step forward, showing off the technology to the world, said Yoon Jong-jang, head of the City Transportation Office under the Seoul Metropolitan Government. The route of Se

Jul 5, 2023By Ko Dong-hwan
More autonomous buses introduced across Seoul

Korea's 1st robot conductor offers glimpse into future of technology

Humanoid robot EveR 6 bows to the audience after co-conducting a performance of the National Orchestra of Korea with conductor Choi Soo-yeoul, left, in Seoul, Friday. Courtesy of National Theater of KoreaConcert shows robot, human conductors can complement each other By Holly ChikWhen a robot took the conductor's podium at the National Theater of Korea, a packed audience greeted the unusual maestro with an ovation. The locally developed robot led musicians of the country's national orchestra of traditional music in its debut performance, Friday.After the country's first attempt by a robot to conduct an orchestra, its developer told The Korea Times that it was an effort to explore robots' potential to replace humans in areas traditionally reserved for humans and to reflect on human-robot coexistence.“In the near future, the development of artificial intelligence (AI) and robot technology will lead to an era in which robots coexist with us in many areas of our lives,” Lee Dong-wook, a principal researcher at the Korea Institute of Industrial Technology, said in a recent ema

Jul 5, 2023By Holly Chik
Korea's 1st robot conductor offers glimpse into future of technology

Science minister vows to turn Korea into AI powerhouse

Minister of Science and ICT Lee Jong-ho speaks during a press conference at the Korea Press Center in Seoul, Tuesday. Lee said the country aims to become the global leader in hyperscale artificial intelligence (AI) platforms. Courtesy of Ministry of Science and ICTBy Holly ChikKorea aims to become the global leader in hyperscale artificial intelligence (AI) platforms and preemptively dominate non-English markets around the world, according to the science ministry, Tuesday.The country will create an ecosystem for the technology to be applied in professional fields, including the legal and medical industries, Science Minister Lee Jong-ho said in a press conference.For example, AI can support the filing of legal complaints and the writing of medical opinions, as well as recommend treatment methods.Hyperscale AI refers to more powerful AI models, much like ChatGPT and local conversational AI products which are set to be launched. They are powered by a large amount of parameters ― comparable to the humongous number of synapses in the brain where neurons connect and communicate with each o

Jul 4, 2023By Holly Chik
Science minister vows to turn Korea into AI powerhouse

SK Square, SK hynix to invest in semiconductor startups in US, Japan

SK hynix Icheon plant in Gyeonggi Province / Courtesy of SK hynixBy Kim Hyun-binSK Square and SK hynix are seeking to invest in semiconductor materials, components and equipment in the U.S. and Japan, according to SK officials, Tuesday.The two affiliates announced plans to invest approximately 100 billion Korean won ($76.8 million) in U.S. and Japanese overseas semiconductor material and component companies, along with major domestic financial firms. They will invest in companies with strong technological capabilities in the semiconductor material and component sector, in order to establish a stable supply chain and enhance advanced technological competitiveness.SK Square has established an investment firm called TGC Square, with participation from SK hynix, Shinhan Financial Group and LIG Nex1, among others. They aim to collaborate with technologically advanced small and medium-sized companies in the semiconductor value chain, specializing in design, production and packaging processes. TGC Square also plans to operate a semiconductor advisory committee to provide insights from semic

Jul 4, 2023By Kim Hyun-bin
SK Square, SK hynix to invest in semiconductor startups in US, Japan

LG Innotek wins best partner award from JLR

Yoo Byaeng-kuk, second from right, head of Automotive Components Business Unit at LG Innotek, poses with Barbara Bergmeier, left, executive director of JLR, Ju Won-rae, second from left, head of EU Representative office of LG Innotek and Tobias Moch, right, CPO of JLR, during JLR Supplier Excellence Awards ceremony in Gaydon, U.K., May 30. Courtesy of LG InnotekBy Baek Byung-yeulLG Innotek won the best partner award from British luxury car brand JLR for its high-quality auto parts, according to the company, Monday.JLR was formerly known as Jaguar Land Rover, but as of June 1, the company rebranded to JLR. Each year the British automobile manufacturer recognizes its top global suppliers. At this year's JLR Supplier Excellence Awards, JLR recognized suppliers based on five values: Customer Love, Unity, Integrity, Growth and Impact. LG Innotek was selected in the Impact category.“LG Innotek could have been nominated for any of the five supplier award categories but the way they innovate their products and improve their customer services makes an Impact award particularly appropria

Jul 3, 2023By Baek Byung-yeul
LG Innotek wins best partner award from JLR

Naver, KT, Maum AI to help state-run agencies, SMEs use AI services

Science and ICT Minister Lee Jong-ho, center, poses with Naver Cloud CEO Kim Yoo-won, left, Presidential Committee on the Digital Platform Government Chairman Koh Jean, second from left, Korea Software Industry Association Chairman Cho Joon-hee, second from right, and LG AI Research chief Bae Kyung-hoon during the inaugural ceremony of the AI Promotion Council at Naver's headquarters in Seongnam, Gyeonggi Province, June 29. The ICT ministry and the digital platform government committee said Monday that they will start a project to support the utilization of hyperscale AI services developed by the private sector. Courtesy of Naver CloudBy Baek Byung-yeulNaver Cloud, KT, VAIV Company and Maum AI will provide their hyperscale artificial intelligence (AI) services to government agencies and small and medium-sized enterprises (SMEs) here to improve administrative work efficiency and develop innovative services using emerging technology, according to the digital government platform committee and the ICT ministry, Monday.The Presidential Committee on the Digital Platform Government and the

Jul 3, 2023By Baek Byung-yeul
Naver, KT, Maum AI to help state-run agencies, SMEs use AI services

ANALYSIS How can Korea expand AI ecosystem?

The ChatGPT app is displayed on an iPhone in New York, May 18. A federal judge imposed $5,000 fines on two lawyers and a law firm, June 22, in an unprecedented instance in which ChatGPT was blamed for their submission of fictitious legal research in an aviation injury claim. AP-YonhapCountries with no regulations will become havens for 'bad actors' By Kim Yoo-chulAdvanced economies are seeking to maximize the economic and national security benefits of artificial intelligence (AI) because of its applications in sectors such as connected vehicles, embedded technology solutions, healthcare, education and even military systems.To take up the opportunities available and move forward with technological innovation, countries are seeking ways to build solid and sustainable AI ecosystems. AI systems are actually advancing at a breakneck pace with the rise of ChatGPT and Stability Diffusion, which exponentially expand the possibilities of the technology.Within that context, Korea ― home to the world's two largest memory chipmakers ― hopes to maintain its economic vitality. And AI, a transforma

Jul 3, 2023By Kim Yoo-chul
[ANALYSIS] How can Korea expand AI ecosystem?
previous page
168169170171172
next page

Most Read in Business