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Thu, October 6, 2022 | 05:45

Intel unveils new CPU

Intel introduced a new central processing unit (CPU) chip offering improved performance to meet the needs of gamers and content creators requiring fast data processing, its Korean unit said Wednesday. The 13th generation Intel Core i9-13900K “is the fastest CPU in the world,” Lee Ju-seok, vice president of Intel Korea, said during a press conference in Yeouido, Seoul. “The In...

Baek Byung-yeul | 2022-10-05 16:48

Naver acquires US fashion marketplace Poshmark for $1.6 billion

Naver acquired U.S.-based fashion marketplace operator Poshmark for $1.6 billion, Korea's top internet search portal said Tuesday. It was the largest acquisition deal so far for the Korean tech giant. Poshmark is the largest consumer-to-consumer (C2C) company in North America that operates an e-commerce marketplace where people can buy and sell new and secondhand apparel and ...

Baek Byung-yeul | 2022-10-04 16:58

StradVision aims to supply software to 50% of new cars by 2032

StradVision, a local automotive software company, announced an ambitious vision to supply its software to about half of the cars newly produced in the next 10 years, the company said Tuesday. Established in 2014, the Seoul-based company has become a leader in camera perception software that enables self-driving cars to recognize objects based on AI technology.

Baek Byung-yeul | 2022-10-04 16:56

Samsung to mass-produce 1.4-nano chip by 2027

Samsung Electronics will mass-produce 1.4-nanometer chips by 2027, after introducing its 2nm process by 2025 with enhanced gate-all-around (GAA)-based technology, the conglomerate said Tuesday. The Korean tech giant's announcement hinted at fiercer competition with its chief rival, Taiwan's TSMC, which also unveiled its own plan earlier this year to mass-produce 1.4-nm chips ...

Park Jae-hyuk | 2022-10-04 11:58

LG CNS, Unity Technologies forge partnership for metaverse business

LG CNS has forged a partnership with U.S.-based game engine maker Unity Technologies so that the two sides will perform businesses in emerging metaverse businesses such as virtual offices, virtual factories and virtual distribution, they said Thursday. LG CNS is the IT service arm of LG Group. Recently, the company has been concentrating on digital transformation-related busi...

Baek Byung-yeul | 2022-09-29 16:12

Korea could suffer huge losses as Russia sanctions inhibit satellite launches

Korea is feared to lose a total of 47.2 billion won ($33 million) paid to Russia in deposits for contracts to use Russian rockets to put Korean satellites into orbit, according to an independent lawmaker, Thursday.

Park Jae-hyuk | 2022-09-29 16:01

South Korea decides to scrap satellite launches using Russian rockets amid sanctions

South Korea has decided to cancel plans to launch satellites using Russian rockets later this year amid the international community's sanctions on Russia's space program over the Ukrainian war, a government document showed Wednesday.

2022-09-28 20:17

Korea to introduce 6th supercomputer in 2023

Korea will introduce the country's sixth supercomputing system, which is 32 times faster than the currently most advanced Nurion supercomputer, next year as part of the country's efforts to promote the advancement of science and contribute to the national economy in terms of disease research, materials development necessary for high-tech industries and artificial intelligence...

Baek Byung-yeul | 2022-09-27 16:39

[ANALYSIS] Will Samsung join Arm's US listing process?

SoftBank founder Masayoshi Son's plan to meet Samsung Electronics Vice Chairman Lee Jae-yong in Seoul comes just months after the global tech investor dropped plans for the London listing of British chip designer Arm due to the departures of investment minister Gerry Grimstone and digital minister Chris Philp following the resignation of of U.K. Prime Minister Boris Johnson. ...

Kim Yoo-chul | 2022-09-26 13:26

LG CNS CEO meets with Google Cloud CEO

Kim Young-shub, right, CEO of LG CNS, poses with Thomas Kurian, CEO of Google Cloud, after signing a Digital Transformation Partnership at the latter's headquarters in Sunnyvale, California, in this photo provided by LG CNS, Sunday. LG CNS said this is the first time that Google Cloud signed a partnership with a Korean company, adding that the two will cooperate on expanding ...

Baek Byung-yeul | 2022-09-25 16:50

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