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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

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Tech

Sat, February 4, 2023 | 15:10

Korea starts operation of first autonomous buses

Korea starts operation of first autonomous buses

The country's first self-driving buses will start operating on a 22.4-kilometer route between Sejong Intercity Bus Terminal and Osong Station in Cheongju, North Chungcheong Province, the Ministry of Land, Infrastructure and Transport said Tuesday.

2022-12-27 16:23

[ANALYSIS] Samsung unlikely to join Micron in chip output cut

ANALYSISSamsung unlikely to join Micron in chip output cut

Worries are growing that the global technology downturn may be wider, deeper and even longer-lasting than expected. Some Wall Street analysts have been forecasting the chip industry to face its worst drop in more than two decades, reaching back to 2001.

2022-12-26 08:39

Kakao to change work system next year

Kakao to change work system next year

Kakao appears to be questioning the need to maintain its current work system that has encouraged employees to work from home during the pandemic, amid the country's moves to transition to managing COVID-19 as an endemic, according to industry officials, Sunday. While many other Korean firms have forced their workers to return to the office since June, Kakao employees have bee...

2022-12-25 15:53

Lawmakers criticized for passing bill unfavorable to chipmakers

Lawmakers criticized for passing bill unfavorable to chipmakers

Concerns are growing over the possibility that Korean semiconductor manufacturers are losing ground against their foreign rivals, as the National Assembly passed a bill intended to limit an increase in tax benefits for domestic chipmakers. Late last Friday, the ruling and opposition parties agreed to revise the Restriction of Special Taxation Act, in order to increase the tax...

2022-12-25 15:25

LG Display seeks expansion into retail, mobility, art with transparent OLED

LG Display seeks expansion into retail, mobility, art with transparent OLED

LG Display is seeking to expand into the business-to-business (B2B) sector with its transparent OLEDs as the company believes various industries such as retail, transportation, mobility, the arts and entertainment will increasingly utilize the company's new display technology in order to increase promotional effectiveness and user convenience, the display maker said Thursday.

2022-12-22 16:26

SK On to raise $2.17 bil. in rights offering

SK On to raise $2.17 bil. in rights offering

Korean battery maker SK On will raise a total of 2.8 trillion won ($2.17 billion) from its parent company and a few other local private equity funds (PEFs) by issuing new shares, in an effort to pool financial resources for business expansion. SK On will sell 36.4 million shares, worth 2 trillion won, to SK Innovation and 14.8 million shares, worth 824.3 billion won, to six l...

2022-12-21 20:50

Daejeon, South Jeolla, South Gyeongsang designated as space clusters

Daejeon, South Jeolla, South Gyeongsang designated as space clusters

Korea designated three regions - Daejeon Metropolitan City, South Jeolla Province and South Gyeongsang Province - as space clusters to carry out its goal of becoming one of the leading countries in the space development industry by 2045, according to the National Space Committee, Wednesday.

2022-12-21 17:22

LG to showcase NFT shoes, shoe Styler at CES 2023

LG to showcase NFT shoes, shoe Styler at CES 2023

LG Electronics said Wednesday that it will showcase non-fungible token (NFT) technology-based digital shoes and its latest shoe care devices, Styler ShoeCase and Styler ShoeCare, at next year's Consumer Electronics Show (CES). The CES is arguably the world's largest IT show, which is held in Las Vegas. The 2023 event will take place from Jan. 5 to Jan. 8.

2022-12-21 14:13

Samsung develops 12-nano DDR5 DRAM chip

Samsung develops 12-nano DDR5 DRAM chip

Samsung Electronics developed the industry's first 16-gigabit DDR5 DRAM memory chip using 12-nanometer process technology as part of its efforts to achieve a huge lead over its competitors in the memory chip business, according to the company Wednesday. Samsung announced the development of the smaller, faster and less energy consuming chips, adding that it also evaluated the ...

2022-12-21 14:13

Danuri succeeds in 1st lunar flyby maneuver

Danuri succeeds in 1st lunar flyby maneuver

The Danuri, Korea's domestically developed lunar orbiter, succeed in the first of five planned maneuvers for a lunar orbit flyby on Saturday, the Korea Aerospace Research Institute (KARI) said Monday. “The KARI carried out the Danuri's first lunar orbit insertion (LOI) maneuver as planned at 2:45 a.m., Dec. 17,” the space agency said.

2022-12-19 16:41

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