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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Tech

Thu, June 1, 2023 | 22:03

SK hynix issues $1.7 bil. exchangeable bond to fund operations

SK hynix issues $1.7 bil. exchangeable bond to fund operations

SK hynix, the world's second-largest memory chip producer, has issued exchangeable bonds to secure $1.7 billion in liquidity for the operation of its semiconductor-manufacturing business which has experienced difficulties due to sluggish chip demand, the memory chip maker said Tuesday.

2023-04-04 16:39

Apple's expansion in Korea puts Samsung on alert

Apple's expansion in Korea puts Samsung on alert

Apple opened its Apple Gangnam retail store near Sinnonhyeon Station in the southern Seoul on March 31, only a 15-minute walk from Samsung Electronics' Seocho headquarters. This may be seen as Apple's attempt to strengthen its presence in the country's capital, which has a high demand for premium products, according to industry officials Tuesday.

2023-04-04 16:20

Korean companies scramble to issue guidelines for ChatGPT over data leak fears

Korean companies scramble to issue guidelines for ChatGPT over data leak fears

Samsung, SK, LG, POSCO and other companies here are scrambling to make their own guidelines for using ChatGPT and other chatbot artificial intelligence (AI) services in order to prevent problems caused by the misuse of these programs, such as information leaks, according to companies and experts, Monday.

2023-04-03 16:47

Innospace requests more gov't support for space business

Innospace requests more gov't support for space business

Innospace, a local space startup, asked the government to offer more support for the country's space industry, such as fostering experts and strengthening support for private companies, the science minister said Monday. Kim Soo-jong, CEO of Innospace had a meeting with Lee Jong-ho, minister of Science and ICT, at the ministry's office in Sejong.

2023-04-03 16:47

Samsung considers chip packaging test line in Japan

Samsung considers chip packaging test line in Japan

South Korea's Samsung Electronics is considering setting up a chip packaging test line in Japan, five people said, to bolster its advanced packaging business and forge closer ties with Japanese makers of semiconductor equipment and materials.

2023-03-31 21:38

Lawmaker holds exhibition on Danuri lunar orbiter

Lawmaker holds exhibition on Danuri lunar orbiter

Rep. Jo Seoung-lae of the Democratic Party of Korea hosted an exhibition shedding light on the Danuri lunar orbiter to commemorate the space vehicle's successful entry into lunar orbit, the lawmaker said Tuesday. Hosted by the lawmaker, the exhibition, titled “Special Exhibition of Lunar Exploration,” will take place at the National Assembly Members' Office Building in Yeouid...

2023-03-30 15:35

SK hynix promises no production cuts amid sluggish demand

SK hynix promises no production cuts amid sluggish demand

SK hynix vowed that there will be no additional production cut in its memory chip business as the sluggish semiconductor market is showing signs of improvement from the second half of this year, its vice chairman said Wednesday.

2023-03-29 16:42

Celltrion chairman vows to develop new drugs, initiate M&As

Celltrion chairman vows to develop new drugs, initiate M&As

Seo Jung-jin, founder and chairman of Celltrion, vowed to transform the biosimilar maker into a leading new drug maker and launch a series of merger and acquisition (M&A) activities to diversify its business portfolio during an online press conference, Wednesday.

2023-03-29 16:13

Seoul participates in Asia's biggest smart city expo in Taipei

Seoul participates in Asia's biggest smart city expo in Taipei

The Seoul Metropolitan Government on Tuesday exhibited some of the city's best examples of how AI and other advanced future technologies can be applied to daily life during a global smart city expo in Taipei. The Seoul Digital Foundation under the Seoul Metropolitan Government and three companies selected by the city government are joining Smart City Summit and Expo (SCSE) 20...

2023-03-29 15:47

SKT uses AI to manage wireless network

SKT uses AI to manage wireless network

SK Telecom developed A-STAR, an artificial intelligence-based solution for wireless network quality management, and applied it to its network base stations nationwide as part of efforts to improve service quality by detecting abnormalities quickly, the company said Tuesday. A-STAR monitors the status of hundreds of thousands of base stations nationwide, finds equipment that i...

2023-03-28 16:27

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