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

Companies

Spotify starts free streaming option in Korea

Spotify's free music and podcasts service option is now available in Korea, the audio streaming platform said on Thursday, as it looks to widen its audience base.

Oct 10, 2024By Reuters
Spotify starts free streaming option in Korea
Business

INTERVIEW After 50 years, Tteokgalbi master still uses briquettes for savory patties

DONGDUCHEON, Gyeonggi Province – Song Seong-ja, head chef of Songwol Kwan, a renowned tteokgalbi (grilled short rib patties) restaurant in Dongducheon, Gyeonggi Province, still expertly manages double-sided wrought-iron grills with minced beef, despite her age of 75 and petite frame. Positioned over a long pit with four fiery briquettes beneath, Song remains focused on her grills, a testament to her dedication and skill.

Oct 10, 2024By Ko Dong-hwan
[INTERVIEW] After 50 years, Tteokgalbi master still uses briquettes for savory patties
  • Korea Grand Masters sustain roots of Korea's culinary history
Tech & Science

Watchdogs lock horns over record-high fines for telecoms

Korea’s fair trade watchdog and telecommunications regulator are in dispute over the former’s purported intention to impose a total of 5.5 trillion won ($4 billion) in fines on the country’s three major mobile operators.

Oct 9, 2024By Nam Hyun-woo
Watchdogs lock horns over record-high fines for telecoms
Banking & Finance

Banks shell out W6.5 trillion in early retirement compensation since 2019

Commercial banks in Korea spent more than 6.5 trillion won ($4.83 billion) on their employees who have voluntarily quit since 2019 in line with the banking industry’s efforts to cut costs in the digital era, data showed Wednesday.

Oct 9, 2024By Yi Whan-woo
Banks shell out W6.5 trillion in early retirement compensation since 2019
Banking & Finance

Shares owned by Samsung family take hit due to earnings shock

Four family members of Korea’s top conglomerate, Samsung, saw the value of their shares across the group's affiliates decline due to the weaker-than-expected quarterly earnings posted by the company, data showed Wednesday.

Oct 9, 2024By Yi Whan-woo
Shares owned by Samsung family take hit due to earnings shock
Companies

Saudi Arabia's business delegation visits Naver headquarters

A group of top-ranking businesspeople from Saudi Arabia paid a visit to Naver’s second headquarters, Tuesday, to experience the latter’s much-hyped digital twin technology adopted at the symbolic robot-friendly office building, Korea’s leading internet portal operator said, Wednesday.

Oct 9, 2024By Lee Min-hyung
Saudi Arabia's business delegation visits Naver headquarters
Companies

Hyundai Motor, Singapore to build research center to develop cutting-edge manufacturing tech

Hyundai Motor Group has teamed up with the government of Singapore and the country's top tech university to establish a joint research center for manufacturing technology, such as artificial intelligence (AI), robotics and 3D printing, the carmaker said Wednesday.

Oct 9, 2024By Lee Min-hyung
Hyundai Motor, Singapore to build research center to develop cutting-edge manufacturing tech
Companies

LG Energy Solution, General Motors show signs of drifting apart

Uncertainties are growing regarding whether LG Energy Solution (LGES) will remain General Motors' main battery supplier as the U.S. carmaker has decided to drop the name of its joint venture with LGES for its electric vehicle (EV) batteries and supporting technologies.

Oct 9, 2024By Park Jae-hyuk
LG Energy Solution, General Motors show signs of drifting apart
  • LG Energy Q3 operating profit falls 39% amid EV slowdown
Companies

OCI Holdings expands presence in Malaysia with sports, cultural events

 

Oct 9, 2024By Kang Seung-woo
OCI Holdings expands presence in Malaysia with sports, cultural events
Companies

CONTRIBUTION Winds of change: Germany and Korea power green revolution

The clock is ticking on climate change, and the world is gearing up for a critical turning point.

Oct 9, 2024By Martin Henkelmann
[CONTRIBUTION] Winds of change: Germany and Korea power green revolution
previous page
699700701702703
next page

Most Read in Business