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Tue, February 27, 2024 | 08:43
AI startup Wrtn exceeds 1 mil. monthly users
Wrtn Technologies, a local AI-based portal service provider, recorded over 1 million monthly active users (MAU), proving its growing prowess in the domestic generative AI market, the startup said Thursday.
Galaxy phones to feature Samsung's own generative AI
Samsung Electronics has unveiled its own generative AI model, Samsung Gauss, which is to be incorporated into its Galaxy S24 series in the first half of 2024, as part of the Korean tech giant’s bold move to join the fiercely competitive generative AI race in the global IT industry.
KEPCO to hike electricity prices for large firms, downsize organization amid soaring debt
Korea Electric Power Corp. (KEPCO) will increase electricity rates for large companies and restructure through asset sales and reduction of workforce as it aims to overcome a debt crisis amounting to around 201 trillion won ($153 billion), its CEO said, Wednesday.
Naver opens new data center in Sejong
SEJONG - Naver opened its second data center, GAK Sejong, in the special self-governing city of Sejong to lead technological innovation and accelerate business expansion centered on AI and cloud computing, according to the company CEO, Monday.
Generative AI is innovative tool to solve problems facing humanity: Samsung CEO
Generative AI is emerging as an innovative tool that can help solve various problems facing humanity, and through in-depth research, it has the potential to create a better future, said Samsung Electronics’ chip CEO, Tuesday.
Korea showcases AI chips, 6G tech to maintain competitiveness
Korea unveiled the latest information and communications technologies, including AI semiconductors, quantum computing and the 6G network, being worked on by domestic researchers, according to the Electronics and Telecommunications Research Institute (ETRI), Tuesday, in a bid to drive industrial innovation in the ICT sector.
Samsung SDI, Volvo Trucks celebrate cooperation
Samsung SDI CEO Choi Yoon-ho, left, and Martin Lundstedt, president and CEO of Volvo Group, cut a cake together during a ceremony commemorating the fifth anniversary of cooperation between Samsung SDI and Volvo Trucks at the Samsung Group battery affiliate’s plant in Cheonan, South Chungcheong Province. Samsung SDI, which has been supplying its battery cells to Volvo Tr...
Former rivals join hands amid uncertainties
Samsung, Hyundai Motor, LG and other conglomerates that have been fierce rivals are increasingly collaborating to achieve growth in areas where they can do better together than alone, such as AI, future cars and electric vehicle (EV) batteries, according to industry officials.
Hyundai, Kia's E-GMP EV sales surpass 100,000 in US
Hyundai Motor and Kia continued to grow their electric vehicle (EV) sales in the United States, especially EVs based on the automotive group’s EV-dedicated platform E-GMP which have surpassed 100,000 sales there, according to the automotive group, Sunday.
Samsung promotes Busan's Expo bid at Paris Charles de Gaulle Airport
A Samsung Electronics’ billboard promotes Busan’s World Expo 2030 bid at Paris Charles de Gaulle Airport in France. Samsung said on Thursday that it has installed 14 billboards at the airport to promote Busan’s Expo bid until Nov. 28, when the host city for the 2030 event will be decided at the Bureau International des Expositions’ meeting. Courtesy of Samsung Electronics