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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.

Nvidia to hold 'AI Day Seoul' to showcase core AI technologies

Nvidia Corp. will hold a special event in Seoul this month to showcase and introduce its latest artificial intelligence (AI) technologies to local developers, researchers and industry leaders, the U.S. tech giant said Thursday. The "Nvidia AI Day Seoul" will be held for two days from Nov. 17 at the COEX exhibition hall in southern Seoul. On Nov. 17, Nvidia's Deep Learning Institute (DLI) will host a one-day, hands-on workshop offering participants an opportunity to experience the company's latest AI technologies in a graphics processing unit (GPU)-accelerated cloud environment and earn an official Nvidia DLI certificate, the company said in a press release. The workshop will cover the optimization of large language models (LLMs) using Nvidia's NeMo platform for building customized generative AI, model parallelization, and the development and deployment of large-scale neural networks, according to Nvidia. On Nov. 18, industry experts will discuss key topics, such as sovereign AI, agentic AI, AI factories, industrial AI, robotics and Nvidia's CUDA-X open-source library. A Q&A session with

Nov 6, 2025By Yonhap
Nvidia to hold 'AI Day Seoul' to showcase core AI technologies

Naver to debut agentic AI service Agent N next year

Naver has set a strategic goal of introducing agentic artificial intelligence (AI) for its major services next year, while also expanding its portfolio to assist in the AI transformation of businesses. At Coex in southern Seoul on Thursday, the Korean internet giant outlined its new strategies at DAN25, an annual conference where its affiliates and partner companies showcased their latest updates and shared AI insights with the broader tech industry. “Naver has seen positive signals over the past year as its AI technologies were applied to key services including search, shopping and finance, resulting in higher user satisfaction and sales growth,” Naver CEO Choi Soo-yeon said during her keynote speech. “Building on that experience and technological expertise, Naver plans to roll out advanced AI agents across major services, starting with shopping, followed by search and advertising.” As part of the plan, Naver will introduce a shopping agent on Naver Plus Store, its e-commerce platform, in the first quarter of next year, and will expand its AI services the following quarter with

Nov 6, 2025By Nam Hyun-woo
Naver to debut agentic AI service Agent N next year

Spotify tops 700 mil. users after price hike, accelerates expansion in Korea

Spotify secured a significant milestone this quarter, reaching a total of 700 million monthly active users (MAUs) even after raising subscription prices in key global markets. The streaming company announced its third-quarter earnings on Tuesday (local time), sharing an 11 percent year-on-year increase in MAUs to 713 million. The service’s premium subscribers grew 12 percent from the previous year to 281 million. The company reported quarterly revenue of 4.27 billion euros ($4.9 billion), a 7 percent rise from the same period last year, with operating profit reaching 582 million euros, reflecting a 43 percent surge. Its net income turned positive from the previous quarter’s loss, hitting 899 million euros. The jump in users was driven both by the subscription fee increase and a successful global marketing push, with signups outpacing the company’s expectations. The increased subscription fees have contributed to boosting its revenue. In August, Spotify raised its monthly premium subscription price from 10.99 euros ($12.63) to 11.99 euros across major markets, including Europe, Asia

Nov 6, 2025By Lee Gyu-lee
Spotify tops 700 mil. users after price hike, accelerates expansion in Korea

LG Display CEO urges innovation, unity to build lasting competitiveness

LG Display CEO Jeong Cheol-dong expressed confidence that the company could achieve full-year profitability, citing a strong rebound with an operating profit of 431 billion won ($297.7 million) in the third quarter. During CEO On Air, the company’s town hall meeting in Paju, Gyeonggi Province, on Friday, the CEO shared the company’s third-quarter earnings and strategies to strengthen its competitiveness. “It has become highly likely that we will turn a profit for the full year,” Jeong said, adding the result reflects meaningful improvements in quality, safety, cost innovation and customer satisfaction. “These results were achieved thanks to everyone’s hard work.” Emphasizing the importance of securing a competitive edge that is difficult to replicate, he proposed a framework for the company’s unique strengths to serve as the foundation for sustainable growth. He explained that the model represents technology (T), cost (C), quality (Q), delivery (D) and relationship (R) — the key pillars that will define LG Display’s lasting competitiveness. “Q, D and R are the fundam

Nov 5, 2025By Lee Gyu-lee
LG Display CEO urges innovation, unity to build lasting competitiveness

Naver to invest over $690 mil. in GPU from next year

Naver plans to invest at least 1 trillion won ($690 million) starting next year to secure graphics processing units (GPUs) and expand infrastructure for its artificial intelligence (AI) business, including physical AI, the company said Wednesday. During its third-quarter earnings call, Naver CFO Kim Hee-cheol said the company’s AI services are beginning to have tangible results, and that “capital expenditures will gradually expand in line with this trend.” “As we strengthen new businesses such as physical AI starting next year, we expect to invest around 1 trillion won solely in GPUs,” he said. “The recent agreement reached with Nvidia to secure 60,000 GPUs will also be included as part of this investment.” During Nvidia CEO Jensen Huang’s visit to Korea on Oct. 31, Nvidia announced that it would supply a total of 260,000 GPUs, worth 14 trillion won, to major Korean partners, including the government, Samsung, SK Group, Hyundai Motor Group and Naver Cloud. Naver agreed to secure 60,000 Blackwell GPUs, the largest allocation among the partner entities. Naver plans to use t

Nov 5, 2025By Nam Hyun-woo
Naver to invest over $690 mil. in GPU from next year

Samsung Electro-Mechanics excels in race for glass substrate commercialization

Samsung Electro-Mechanics is gaining an edge in the industry's race to commercialize glass core substrates, a next-generation semiconductor packaging material, by agreeing to establish a joint venture for manufacturing glass core with Japan's Sumitomo Chemical. The Korean company said Wednesday that its CEO Chang Duck-hyun, Sumitomo Chemical Chairman Keiichi Iwata and Dongwoo Fine-Chem CEO Lee Jong-chan attended a memorandum of understanding (MOU) signing ceremony in Tokyo the previous day. Dongwoo Fine-Chem is Sumitomo Chemical’s Korean subsidiary. Through the agreement, the three companies plan to combine their technological expertise and global networks to accelerate the establishment of manufacturing and supply lines for glass cores used in package substrates and to strengthen their market presence. Under the joint venture, Samsung Electro-Mechanics will hold a majority stake, while Sumitomo will participate as an additional shareholder. The companies plan to finalize details such as the shareholding structure, business timeline and the name of the new entity before signing the of

Nov 5, 2025By Nam Hyun-woo
Samsung Electro-Mechanics excels in race for glass substrate commercialization

Why Korean STEM talent continues to move abroad

The importance of STEM talent continues to grow, as it drives a country's sustainable economic growth by fostering innovation and increasing productivity. However, according to research from the Bank of Korea (BOK) released Monday, many top talents in Korea tend to move abroad in search of better research environments and career opportunities — unless they have already chosen to attend medical school after high school. While Korea's science, technology, engineering and mathematics workforces have steadily expanded in size over the past several decades, the central bank noted that structural constraints within the country have hindered them from fully realizing their potential. As of 2022, Korea's research and development workforce reached approximately 170 researchers per 10,000 people — one of the highest ratios among major countries. "Satisfaction with job conditions and treatment among STEM professionals in Korea remains relatively low. Moreover, the ecosystem and investment base for technology startups — where such talent could expect higher economic rewards — are still under

Nov 4, 2025By Lee Yeon-woo
Why Korean STEM talent continues to move abroad

LG CNS launches cloud ERP project in Indonesia to accelerate global expansion

LG CNS has entered into a strategic agreement with Indonesia’s Korindo Group to migrate the group’s core enterprise resource planning (ERP) from on-premises to cloud, accelerating its global expansion strategy. The new partnership marks its first major project in Southeast Asia since becoming the first Korean company to join SAP’s regional strategic services partner (RSSP) program for the Asia-Pacific region in February. Under the agreement, LG CNS will migrate Korindo’s existing on-premises SAP ERP system to the cloud-based version SAP S/4HANA Cloud. ERP is an integrated system that allows companies to centrally manage all core business operations, including finance, human resources and sales. Korindo Group, headquartered in Jakarta, operates across multiple business sectors, including palm oil, heavy industry, finance, shipping, logistics and renewable energy such as wind power. Through this transition, the group aims to significantly reduce its infrastructure management overhead, such as servers and storage, while adopting globally standardized processes to boost business effi

Nov 3, 2025By Lee Gyu-lee
LG CNS launches cloud ERP project in Indonesia to accelerate global expansion

Korea’s telecoms face leadership turmoil after hacking fiascos

Korea’s top telecom companies — SK Telecom, KT and LG Uplus — are facing leadership turbulence following a series of massive hacking incidents, prompting management reshuffles and intensified scrutiny over executive accountability. SK Telecom took the first decisive action on Thursday, appointing Chief Governance Officer Jung Jai-hun as the new CEO, replacing Ryu Young-sang, who had served since 2021. The company’s leadership change accompanied the release of its third-quarter earnings, which revealed its first-ever operating loss since quarterly reporting began in 2000. It reported an operating loss of 52.2 billion won ($36.5 million), with revenue sliding 16.8 percent year-on-year to 2.66 trillion won. The company also suspended its third-quarter dividend. The financial setback was primarily due to sizable one-off costs from the massive hacking incident that leaked the information records of nearly 27 million users. The costs included around 500 billion won in customer compensation and contract cancellation fee waivers, and a 134.8 billion won fine from the Personal Informatio

Nov 3, 2025By Lee Gyu-lee
Korea’s telecoms face leadership turmoil after hacking fiascos

SK Group pivots from scale to efficiency to meet soaring AI market demand

SK Group showcased its capabilities for meeting the fast-growing market demand for artificial intelligence (AI) during its 2025 SK AI Summit Monday, where Chairman Chey Tae-won emphasized “efficiency over scale” in the group’s approach to providing memory chips, infrastructure and services. SK Group affiliates and partner companies across the semiconductor, energy, AI data center and agent services sectors joined the annual forum at Coex in southern Seoul, sharing the latest updates for their products and services to industry and academic leaders. “The exponential growth in demand for computing power is far more serious, as supply cannot keep up,” Chey said during his keynote speech. “It is time to shift the paradigm from a competition of scale to a competition of efficiency.” Chey said demand for AI computing power maintains a sharp growth trajectory with the rise of AI inferencing, which requires more tokens than current training-based models. He added that the trend is accelerating: As business-to-business AI adoption expands, agentic AI becomes more widespread and nati

Nov 3, 2025By Nam Hyun-woo
SK Group pivots from scale to efficiency to meet soaring AI market demand
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