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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Tech

Thu, March 30, 2023 | 01:37

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.

Baek Byung-yeul | 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.

Baek Byung-yeul | 2023-03-29 16:13

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...

Baek Byung-yeul | 2023-03-28 16:27

[ANALYSIS] Tesla, BYD's price cuts unnerve LGES, Samsung, SK

ANALYSISTesla, BYD's price cuts unnerve LGES, Samsung, SK

The global electric vehicle (EV) market has enjoyed robust growth despite continued supply chain challenges. Supply disruptions during peak periods of the COVID-19 pandemic and Russia's invasion of Ukraine had a short-term effect on the industry because EV sales rebounded from the second half of 2022.

Kim Yoo-chul | 2023-03-27 06:18

Samsung chief inspects production plants in China for first time in 3 years

Samsung chief inspects production plants in China for first time in 3 years

Lee Jae-yong, chairman of Samsung Electronics, visited China for the first time in three years to inspect Samsung Electro-Mechanics' multi-layer ceramic capacitor (MLCC) plant at a time when demand for the key component of electric vehicles (EV) is increasing, the company said Sunday. His visit drew particular attention as it came amid the U.S. government's intensifying effor...

Baek Byung-yeul | 2023-03-26 17:12

Workday aims to assist hums with AI, machine learning, not replace it

Workday aims to assist hums with AI, machine learning, not replace it

Workday aims to augment human intelligence with artificial intelligence (AI) and machine learning (ML), instead of replacing people, as the U.S.-based human resources and finance management software maker thinks the emerging technologies need to be human-centric and trustworthy, the chief technology officer of the company's Asia Pacific and Japan region said, Thursday.

Baek Byung-yeul | 2023-03-23 16:54

Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

All eyes are on the heads of Samsung and SK and how they will overhaul their semiconductor businesses in China, during their highly probable trips to the country later this month. This comes amid the U.S. government's intensifying efforts to restrain the growth of the Chinese chip industry.

Park Jae-hyuk | 2023-03-23 15:40

Samsung Electronics chief to attend China Development Forum

Parliamentary committee passes bill on expanding tax incentives for chipmakers

Parliamentary committee passes bill on expanding tax incentives for chipmakers

The parliamentary strategy and finance committee Wednesday passed a bill aimed at supporting the semiconductor industry by giving bigger tax incentives to chipmakers.

2023-03-22 14:33

Chips Act incentives limit expansion of semiconductor manufacturing capacity in China by 5%

Chips Act incentives limit expansion of semiconductor manufacturing capacity in China by 5%

The U.S. CHIPS and Science Act will limit to 5 percent the expansion of semiconductor manufacturing capacity in foreign countries of concern for companies that receive funds under the new act, the U.S. Department of Commerce has announced.

2023-03-22 09:40

Korea, Israel to jointly invest $10 mln in smart car tech development

Korea, Israel to jointly invest $10 mln in smart car tech development

South Korea and Israel agreed Tuesday to jointly invest $10 million in the development of key technologies for the smart mobility sector over the next three years, Seoul's industry ministry said.

2023-03-21 21:17

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