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Reporter : Baek Byung-yeul
Tue, October 3, 2023 | 06:27
Samsung chief visits Middle East to explore new businesses
Lee Jae-yong, executive chairman of Samsung Electronics and de facto leader of Samsung Group, visited Saudi Arabia, Egypt, and Israel during the Chseok holiday to explore new business opportunities.
Korea makes last-ditch bid to host World Expo 2030 in Busan
Korea has gone all-out to win its bid to host the World Expo 2030 in Busan, with the host city selection coming up Nov. 28. The government and business community are making a last push by mobilizing all available resources to ensure that the southern port city will get to host the international event, according to administration and industry officials, Monday.
Korea on track to prove esports prowess at Asian Games
Korea is showing off its status as an esports powerhouse at the ongoing Asian Games that are being held in Hangzhou, China, as the participants are performing well in the various esports games, which became an official sport of the games for the first time, industry officials said Wednesday.
Lotte focuses on health care, mobility to spur growth
Lotte Group is pursuing growth with new businesses centered on four themes ? health and wellness, mobility, sustainability and its new life platform - as well as expanding its market dominance through M&As and reorganizing its business portfolio to beef up competitiveness, the group said Wednesday.
SK Telecom to triple AI investment over next 5 years
SK Telecom will triple its investment in AI technology in next five years as part of the domestic telecommunications giant’s plan to provide enhanced services with AI competitiveness and generate sales of 25 trillion won ($18.5 billion) by 2028, its CEO said Tuesday.
Late Samsung chairman's love of animals helps change Korea's pet culture
Late Samsung Group Chairman Lee Kun-hee’s (1942-2020) love of animals is being rediscovered through his efforts to preserve Jindo dogs, an indigenous Korean breed, and transform the country’s pet culture. Samsung recently celebrated the 30th anniversary of its guide dog training school, also founded by the late leader, according to the group, Tuesday.
LG Electronics launches world's 1st foldable laptop
A model poses with LG Electronics’ foldable LG Gram Fold laptop, Monday. The company said it launched the world’s first foldable laptop that can transform into a 12-inch laptop when folded and 17-inch tablet PC when unfolded. Courtesy of LG Electronics
SK Telecom, OpenAI discover AI services for humanity
SK Telecom successfully concluded Prompter Day Seoul 2023, a global AI hackathon event jointly held with U.S. AI company OpenAI, to discover teams developing AI services for the benefit of humanity, the company said Monday.
Upstage to create AI model evaluation platform with state-run agency
Upstage, a local AI startup, will create a large language model (LLM) evaluation platform with the state-run National Information Society Agency (NIA) in order to improve the competitiveness of Korean-based AI platform companies, the company said Monday.
Generative AI startups come together to expand ecosystem
Local startups specialized in generative AI gathered together to launch the Generative AI Startup Association (GAISA), which will create an ecosystem for domestic companies and explore collaboration opportunities in the emerging sector, they said Monday.
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