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  • 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
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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.

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Tech & Science

POSCO develops lightweight pad for vertiports

POSCO recently developed a lightweight pad for takeoffs and landings at vertiports.

Aug 28, 2024By Park Jae-hyuk
POSCO develops lightweight pad for vertiports
Companies

Samsung SDI, GM sign contract for $3.5 bil. joint EV battery plant in US

Samsung SDI and General Motors (GM) have signed a contract to build a joint factory for electric vehicle (EV) batteries in the U.S. state of Indiana by investing $3.5 billion (4.65 trillion won), they said Wednesday.

Aug 28, 2024By Lee Min-hyung
Samsung SDI, GM sign contract for $3.5 bil. joint EV battery plant in US
Tech & Science

Space agency seeks 27% hike in 2025 budget

The Korea AeroSpace Administration (KASA) said Wednesday it seeks a sharp increase in next year's budget to develop advanced satellites and upgrade its space launch vehicle.

Aug 28, 2024By Yonhap
Space agency seeks 27% hike in 2025 budget
Companies

Czech special envoy to visit Korea next month after nuclear plant deal

A Czech special envoy is scheduled to visit Korea early next month to discuss potential bilateral industrial cooperation after a Korean consortium was chosen as the preferred bidder for a nuclear plant project in the Czech Republic, government sources said Wednesday.

Aug 28, 2024By Yonhap
Czech special envoy to visit Korea next month after nuclear plant deal
Companies

Hyundai Motor chief honors Korean archers

Hyundai Motor Group Executive Chair Chung Euisun delivers a speech to commemorate the national archery team’s achievement at the 2024 Paris Olympics, during a dinner gathering at a hotel in Seoul, Tuesday. Korean archers won five golds during the global sporting event. Courtesy of Hyundai Motor Group

Aug 27, 2024By Lee Min-hyung
Hyundai Motor chief honors Korean archers
Companies

Overseas Koreans Agency to host cosmetics export conference

The Overseas Koreans Agency (OKA), a government authority overseeing the welfare and interests of Koreans living abroad, will host an export conference to connect local cosmetics companies with potential overseas buyers.

Aug 27, 2024By Jhoo Dong-chan
Overseas Koreans Agency to host cosmetics export conference
Companies

Westinghouse feud complicates Korea's Czech nuclear deal

A U.S. nuclear energy firm's objection to the Czech Republic's choice of Korea as the preferred bidder for building two nuclear power units in the Central European country is feared to disrupt the project.

Aug 27, 2024By Ko Dong-hwan
Westinghouse feud complicates Korea's Czech nuclear deal
Companies

POSCO faces union backlash over restructuring plan

POSCO Group’s labor and management are at odds as the nation’s fifth-largest business group prepares to restructure unprofitable and non-core assets to secure cash for shareholder returns and investments in its core businesses.

Aug 27, 2024By Park Jae-hyuk
POSCO faces union backlash over restructuring plan
Banking & Finance

Hana Financial Group holds workshop for international employees

Overseas employees of Hana Financial Group gathered in Korea to eqiup themselves with the "customer-centered DNA" of Hana, the group announced Tuesday.

Aug 27, 2024By Yoon Ja-young
Hana Financial Group holds workshop for international employees
Companies

SK strengthens energy portfolio by merging SK Innovation, SK E&S

SK Innovation shareholders approved the firm's high-profile merger with SK E&S in a landslide vote of 85.75 percent on Tuesday, paving the way for the launch of a mega-sized energy company.

Aug 27, 2024By Lee Min-hyung
SK strengthens energy portfolio by merging SK Innovation, SK E&S
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