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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 Display sues China's BOE for OLED patent infringement in US

Samsung Display's Rollable Flex displays, OLED displays that can be rolled and unrolled, are displayed at SID Display Week in Los Angeles, May 23. Courtesy of Samsung DisplayBy Baek Byung-yeulSamsung Display filed a lawsuit against Chinese display maker BOE for infringing on its smartphone organic light emitting diodes (OLED) display technologies in the United States, according to industry sources, Sunday.This is the first time that the display arm of Samsung Electronics filed a lawsuit against BOE. Samsung Display's move is interpreted as a response to the growing influence of the Chinese display maker.The move also shows the determination that they will take strong measures to protect their technology at a time when Chinese makers are increasing their presence in OLED, the next-generation display for LCD, after gaining market influence by selling large quantities of LCDs at low prices.The company filed lawsuits with the U.S. District Court for the Eastern District of Texas on June 26, alleging that BOE infringed on its four patented OLED technologies, especially those used in Apple

Jul 2, 2023By Baek Byung-yeul
Samsung Display sues China's BOE for OLED patent infringement in US

US antitrust regulator plans to target Amazon's online marketplace

The logo of the web service Amazon is pictured in this June 8, 2017, file photo. Reuters-YonhapThe U.S. antitrust regulator is planning to file a suit targeting Amazon.com's core online marketplace in the coming weeks, Bloomberg News reported on Thursday, citing documents and people familiar with the matter.The main allegation by the U.S. Federal Trade Commission (FTC) is expected to be that Amazon leverages its power to reward those online merchants that use its logistics services and punish the ones who don't, the report said.The e-commerce giant did not immediately respond to a Reuters request for comment.The potential suit adds to the agency's latest action against Amazon in recent weeks. FTC boss Lina Khan's office has been honing the complaint for several months and finalizing key details like where to file the suit, the report said.Just last week, the FTC accused Amazon of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent and making it hard for them to cancel. (Reuters)

Jun 29, 2023
US antitrust regulator plans to target Amazon's online marketplace

Will AI save Naver, Kakao?

Kim Yoo-won, co-CEO of Naver Cloud, introduces the company's hyper-scale AI model HyperCLOVA X during the Naver DEVIEW developers' conference at the COEX convention center in Seoul, Feb. 27. Kim said recently that the company will unveil the AI model on Aug. 24. Courtesy of Naver.By Baek Byung-yeulNaver and Kakao are betting big on artificial intelligence (AI) services they are scheduled to release in the second half of this year to buoy falling company value amid intensifying competition with global rivals, high-interest rates and other unfavorable conditions, according to industry analysts and officials, Thursday.Naver and Kakao's stock prices rose from 2020 onward on expectations that online communication would be more vitalized during the COVID-19 pandemic and a favorable investment environment for tech companies with high future growth potential, but they had to give back their gains when interest rates began to rise last year.As of Thursday, Naver's stock price was closed at 183,400 won while Kakao's was closed at 49,000 won. These are about 25 percent and 30 percent decreases

Jun 29, 2023By Baek Byung-yeul
Will AI save Naver, Kakao?

LG vows to become global automotive electronics leader by 2030

Employees of LG Electronics look at a photo exhibition shedding light on the company's vehicle component solutions (VS) unit's 10-year history, at LG Science Park in Seoul, Wednesday. The company said Thursday that it will become a leader in the global automotive electronics market by 2030. Courtesy of LG ElectronicsBy Baek Byung-yeulLG Electronics has vowed to become a global leader in the automotive electronics market at a time when demand for electric vehicles (EVs) and autonomous vehicles continues to increase, the company said Thursday.LG said this year marked the 10th anniversary of its vehicle component solutions (VS) unit, which supervises the in-vehicle infotainment system business, in 2013. The VS unit showed disappointing results in the early years, but it succeeded in turning a profit in 2022 and has become a solid profit source for the company, which has turned its focus toward selling home appliances.To commemorate the 10th anniversary of the VS unit, the company held a photo exhibition at LG Science Park in Seoul, for two days on Wednesday and Thursday, shedding light

Jun 29, 2023By Baek Byung-yeul
LG vows to become global automotive electronics leader by 2030

Samsung Electronics to start mass production of 2nm mobile chips in 2025

Choi Si-young, president and general manager of foundry business at Samsung Electronics' Device Solutions Division, speaks during the Samsung Foundry Forum in San Jose, Calif., Tuesday (local time). Courtesy of Samsung ElectronicsBy Baek Byung-yeulSamsung Electronics plans to catch up with Taiwan's TSMC in the foundry business by starting mass production of 2-nanometer mobile chips in 2025, the Korean chip giant announced at the Samsung Foundry Forum held in San Jose, Calif., Tuesday (local time).During the forum, Samsung said it will continue to expand the use of the 2-nanometer process to high-performance computing (HPC) chips in 2026 and automotive semiconductors in 2027.This is the first time that Samsung shared a detailed roadmap of mass production using the 2-nanometer process, although the company announced in 2022 that it would begin producing chips using the process in 2025 and the 1.4-nanometer process in 2027.The lower the number, the more advanced the semiconductor process. Mass production using the 1.4-nanometer process will begin in 2027 as planned, the company said.The

Jun 28, 2023By Baek Byung-yeul
Samsung Electronics to start mass production of 2nm mobile chips in 2025

Korea is latecomer in quantum technology, but not too late: IonQ CTO

Jungsang Kim, co-founder and CTO of IonQ, speaks during an interview with The Korea Times at Dongdaemun Design Plaza in Seoul, Wednesday. Courtesy of IonQBy Baek Byung-yeulKorea was late to join the quantum computing race, but the sector, which is expected to be a game-changer like the internet and AI, is still in the early stages of development and the country can still get ahead of the curve if it gets the jump on applications that will be used in the next few years, the co-founder of a U.S.-based quantum computing company said Wednesday.“Korea was definitely a late starter to the basic R&D of quantum computing technology. The United States and Europe started to begin their R&D in the mid-90s while Korea started seven or eight years ago,” Jungsang Kim, co-founder and chief technology officer of IonQ, told The Korea Times during an interview in Seoul.“However, what's more important is to have a proactive vision of the services we'll be using in a few years, when people aren't even thinking about it yet. If Korean companies and researchers think about whethe

Jun 28, 2023By Baek Byung-yeul
Korea is latecomer in quantum technology, but not too late: IonQ CTO

Korea extends Danuri lunar orbiter's mission period by 2 years to 2025

Seen is Vallis Schrodinger, a long and narrow valley on the far side of the moon. The Danuri lunar orbiter photographed the valley on March 24. The science ministry said Tuesday that it will extend Danuri's exploration period by two years to the end of 2025 from the end of 2023. Courtesy of Ministry of Science and ICTBy Baek Byung-yeulThe exploration period of Danuri, the country's first lunar orbiter, will be extended for two more years to the end of 2025 from the end of 2023, the science ministry said Tuesday, explaining that the lunar orbiter consumed less fuel than expected while traveling from the Earth to the moon. The Ministry of Science and ICT and the Korea Aerospace Research Institute (KARI) held a lunar exploration project implementation committee and announced that the Danuri's mission period has been extended to three years from January 2023 to December 2025. It was originally planned that the satellite would conduct exploration while in lunar orbit for one year.The science ministry said researchers have asked for an extension of the mission because the lunar orbiter has

Jun 27, 2023By Baek Byung-yeul
Korea extends Danuri lunar orbiter's mission period by 2 years to 2025

Nexon supports coding classes at schools in rural areas

Nexon Foundation Chairman Kim Jung-wook, right, poses with Association of Teachers for Computing Chairman Kang Sung-hyun, left, and Incheon Metropolitan City Office of Education Superintendent Do Seong-hoon at the education office in Incheon, June 7. Courtesy of NexonBy Park Jae-hyukAround 10,000 elementary school students living in remote parts of Incheon will take coding classes by 2024, according to Nexon Foundation, Monday. The nonprofit organization founded by the gaming firm signed a memorandum of understanding (MOU) about the provision of the classes with the Incheon Metropolitan City Office of Education and the Association of Teachers for Computing (ATC) on June 7.The agreement came after the foundation signed similar MOUs with the education offices of South Jeolla Province and Jeju Island. Nexon Foundation seeks additional cooperation with education offices in other provinces so as to narrow the regional gap related to coding education.In 2020, the foundation sponsored the ATC's development of the High-5ive Challenge, an education program created to help children learn about

Jun 26, 2023By Park Jae-hyuk
Nexon supports coding classes at schools in rural areas

Samsung going after SK hynix in AI memory chips

Samsung's HBM-PIM memory chip, a high-bandwidth memory chip integrated with AI processing power / Courtesy of Samsung ElectronicsBy Baek Byung-yeulSamsung Electronics will begin mass-producing high-bandwidth memory (HBM) chips for the booming artificial intelligence (AI) market in the second half of this year to catch up with SK hynix, the market leader in the nascent AI memory chip market, according to industry analysts, Monday.As the market for generative AI services continues to grow, HBM chips used for AI servers are gaining traction in the memory chip industry, which has been struggling with falling demand. By vertically connecting multiple DRAMs, HBM has superior performance, in terms of data processing speeds, over conventional DRAM. It is, however, more expensive at around two to three times the price of a standard DRAM.Industry analysts see the products will be increasingly used because AI services must be supported by high-performance and high-capacity DRAM to be implemented properly.SK hynix is currently leading the HBM market. According to market tracker TrendForce, SK ha

Jun 26, 2023By Baek Byung-yeul
Samsung going after SK hynix in AI memory chips

ANALYSIS Amid US-China rivalry, Seoul on high alert over tech theft

Flags of China and the U.S. are displayed on top of a printed circuit board with semiconductor chips, in this photo illustration made Feb. 17. Reuters-YonhapLaw enforcement agencies plan to strengthen punishment for economic espionageBy Kim Yoo-chulA few weeks ago, a 66-year-old semiconductor expert, who previously worked at Samsung Electronics and SK hynix, was indicted and eventually detained by South Korean prosecutors for allegedly stealing top industrial secrets worth millions of dollars to set up a “copycat” semiconductor-making facility in China.The expert, described as a “master in production yields,” was formerly a senior executive at Samsung Electronics, the world's top memory chip manufacturer. He was a three-time winner of Samsung's annual “proud Samsung men” awards. After 18 years at the electronics powerhouse, in 2001 he joined Hynix Semiconductor, which later became SK hynix, Samsung's toughest competitor in the global memory chip sector. There, he was a “hidden force” in improving SK's chip production yields. When he was

Jun 26, 2023By Kim Yoo-chul
[ANALYSIS] Amid US-China rivalry, Seoul on high alert over tech theft
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