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

Renault Korea's new brand ambassador

Fencer Oh Sang-uk poses with Renault Korea's Grand Koleos luxury SUV in this undated photo the carmaker released Thursday. According to the company, it has selected the double gold medalist at the Paris Olympics as a new ambassador for the vehicle. Courtesy of Renault Korea

Aug 29, 2024By Lee Min-hyung
Renault Korea's new brand ambassador
Companies

SK hynix develops world's first 6th-gen DRAM chip

SK hynix, the world's second-largest memory chip maker, said Thursday it has developed the world's first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology.

Aug 29, 2024By Yonhap
SK hynix develops world's first 6th-gen DRAM chip
Banking & Finance

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surge

Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.

Aug 29, 2024By AP
Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surge
Business

Gov't bets on new alcoholic drinks to counter dropping rice needs

The government will encourage private brewers and distillers to develop new beverages using domestic rice to boost rice consumption, which has been declining for years, the minister of agriculture, food and rural affairs said Wednesday.

Aug 28, 2024By Ko Dong-hwan
Gov't bets on new alcoholic drinks to counter dropping rice needs
Companies

Kumho Petrochemical boosts new products, sustainability amid slowing market

Kumho Petrochemical Group is developing new synthetic products and implementing sustainable strategies as the global petrochemical market shows signs of slowing down, prompting the company to explore new avenues for growth, Korea's leading petrochemical developer said, Wednesday.

Aug 28, 2024By Ko Dong-hwan
Kumho Petrochemical boosts new products, sustainability amid slowing market
Companies

LG Innotek tops 3,500 patents for electronic equipment parts in 5 years

LG Innotek has secured over 3,500 patents for its automotive electronic equipment parts over the past five years, cementing its footing in the global electronic parts market, LG Group's electronic parts development subsidiary said Wednesday.

Aug 28, 2024By Ko Dong-hwan
LG Innotek tops 3,500 patents for electronic equipment parts in 5 years
Banking & Finance

Almost 5% of births in Korea are outside marriage, hitting record high: stats agency

More babies in Korea are born to parents who are not legally married, and the ratio of births occurring outside of marriage hit a record high of 4.7 percent in 2023, data showed Wednesday.

Aug 28, 2024By Yi Whan-woo
Almost 5% of births in Korea are outside marriage, hitting record high: stats agency
Companies

Hyundai Motor to invest $90.1 bil. in mobility, energy

Hyundai Motor has unveiled a two-track growth strategy on mobility and energy to elevate its position as the world’s top-tier smart mobility solutions provider, the automaker said, Wednesday.

Aug 28, 2024By Lee Min-hyung
Hyundai Motor to invest $90.1 bil. in mobility, energy
Banking & Finance

Insurers encouraged to provide rental homes

The government plans to encourage insurance companies to participate in the rental market as part of its broader strategy to increase housing supply, aiming to involve larger private sector companies in this effort.

Aug 28, 2024By Yi Whan-woo
Insurers encouraged to provide rental homes
Companies

App market One store makes inroads into Taiwan

One store, the operator of a Korean mobile app market, said Wednesday it has made inroads into Taiwan by cooperating with a local partner.

Aug 28, 2024By Yonhap
App market One store makes inroads into Taiwan
previous page
736737738739740
next page

Most Read in Business