my timesThe Korea Times

Business

Tech & ScienceCompaniesBanking & FinanceMost respected CEOsAPEC 2025Others
  • Tech & Science

    Hyosung launches hyperscale AI data center in Seoul

    Hyosung Group is expanding its push into artificial intelligence (AI) infrastructure with the launch of a hyperscale data center in Seoul, marking its entry into Korea’s fast-growing data center market. The company announced Wednesday that Hyosung-STT GDC, a joint venture between Hyosung Heavy Industries and Singapore-based operator ST Telemedia Global Data Centres (STT GDC), opened STT Seoul 1, a 30-megawatt data center, in Geumcheon District, Seoul, the previous day. Designed to support cloud and AI workloads, the new facility combines Hyosung’s power infrastructure expertise with STT GDC's global standards in data center design, operation and service management. The facility is capable of accommodating increasingly power-intensive and high-density computing environments driven by generative AI applications. The company explained that one of the center's biggest advantages is its location in Seoul, where securing large-scale power capacity has become increasingly difficult due to energy regulations and grid constraints, providing low-latency connectivity to major business districts

    2 MIN READBy Lee Gyu-lee
    Hyosung launches hyperscale AI data center in Seoul
  • Companies

    Samsung Display showcases next-generation XR displays at AWE USA

    2 MIN READBy Nam Hyun-woo
    Samsung Display showcases next-generation XR displays at AWE USA
  • Tech & Science

    Anthropic opens Seoul office to expand ties with Korean AI ecosystem

    3 MIN READBy Nam Hyun-woo
    Anthropic opens Seoul office to expand ties with Korean AI ecosystem
  • Companies

    'Wide Cup' fuels World Cup fever among Korean fans

    2 MIN READBy Ko Dong-hwan
    'Wide Cup' fuels World Cup fever among Korean fans
  • Companies

    Hanwha Ocean faces mounting costs from blocked icebreaker delivery to Russia

    2 MIN READBy Lee Min-hyung
    Hanwha Ocean faces mounting costs from blocked icebreaker delivery to Russia
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.

Read more

Tech & Science

Nexon captivates cinema fans with documentary on Korea's game developing history

Nexon Foundation’s documentary film on Korea’s game developing history is grabbing the attention of cinema fans and gamers, as the documentary sheds new light on how the country’s game industry achieved its success from scratch in just three decades.

Oct 15, 2024By Nam Hyun-woo
Nexon captivates cinema fans with documentary on Korea's game developing history
Banking & Finance

Customs agency running out of space for unapproved overseas items: data

As Koreans are increasingly buying goods from abroad through online shopping platforms, the customs agency is having a headache with storing goods that are not approved for import and must be kept temporarily at customs checkpoints.

Oct 15, 2024By Yi Whan-woo
Customs agency running out of space for unapproved overseas items: data
Companies

Weight-loss drug available in Korea

Mock-ups of injectors for Wegovy, a weight-loss drug developed by Denmark's Novo Nordisk, are on display during a ceremony to celebrate its launch in the Korean market at a hotel in Seoul, Tuesday. Wegovy's local distributor started receiving orders for the drug the same day. Its product supply price is set at 372,025 won ($273) per unit, but the estimated final retail price for consumers exceeds 800,000 won since it is not covered by Korea's national health insurance. Yonhap

Oct 15, 2024By Park Jae-hyuk
Weight-loss drug available in Korea
Companies

McDonald's Korea reduces tomatoes in burgers due to shortage

McDonald’s Korea has been forced to take tomatoes out of its burgers, due to a supply shortage caused by the record-breaking heat wave this summer, the local unit of the fast food giant said Tuesday.

Oct 15, 2024By Park Jae-hyuk
McDonald's Korea reduces tomatoes in burgers due to shortage
Companies

Paris Baguette opens 600th overseas store in Toronto

SPC Group opened Paris Baguette’s Bloor Street branch in the Canadian city of Toronto, which became the 600th overseas store of the Korean bakery brand, the company said Tuesday.

Oct 15, 2024By Park Jae-hyuk
Paris Baguette opens 600th overseas store in Toronto
Companies

BioTNS launches global blood cancer project with Digital PCR platform

BioTNS, a specialist in ultra-precision liquid biopsies, said Tuesday that it has embarked on an international blood cancer project using its self-developed Digital PCR platform, LQ Suite.

Oct 15, 2024By Kang Seung-woo
BioTNS launches global blood cancer project with Digital PCR platform
Companies

Air France-KLM sees Korea as key Asian market for young, trendy travelers

Air France-KLM Group identifies Korea as its next major revenue area in Asia, driven by a significant increase in demand from young independent travelers seeking European routes following the COVID-19 pandemic, according to a senior executive at the European airline.

Oct 15, 2024By Lee Min-hyung
Air France-KLM sees Korea as key Asian market for young, trendy travelers
Business

Minister vows to host 2028 UN Ocean Conference in Korea

Oceans and Fisheries Minister Kang Do-hyung expressed optimism, Monday, that Korea will host the fourth United Nations Ocean Conference (UNOC) in 2028. Kang's statement followed his visit last month to New York, where he attended a high-level meeting on the rising sea level on the sidelines of the U.N. General Assembly (UNGA).

Oct 14, 2024By Park Jae-hyuk
Minister vows to host 2028 UN Ocean Conference in Korea
  • Korea braces for Trump's impacts on shipping industry
Banking & Finance

MBK secures over 5% of Korea Zinc shares through tender offer

An alliance between private equity firm MBK Partners and Young Poong has acquired more than 5 percent of Korea Zinc's total outstanding shares through a monthlong tender offer, giving them a strategic advantage in the battle for management control of the world’s largest zinc smelter, according to investment banking (IB) industry insiders.

Oct 14, 2024By Jun Ji-hye
MBK secures over 5% of Korea Zinc shares through tender offer
Tech & Science

Telecoms break through subscriber stalemate with AI services

Korea’s top three mobile carriers are aiming to drive new growth with their artificial intelligence (AI) services, seeking to break through the stagnation in 5G subscriber growth.

Oct 14, 2024By Nam Hyun-woo
Telecoms break through subscriber stalemate with AI services
previous page
694695696697698
next page

Most Read in Business