Governor Eric J. Holcomb, Secretary of Commerce David Rosenberg and Purdue University President Mung Chiang joined federal partners and executives of South Korea-based SK hynix Inc., the world’s leading producer of High-Bandwidth Memory (HBM) chips, today as the company announced plans to establish
Korea Institute of Energy Technology (KENTECH) has established an MOU with Olin College of Engineering (Olin College) to facilitate joint research and education. The MOU was signed online on March 18, 2024, by KENTECH Acting President Chinho Park and Olin College Provost and Dean of Faculty AI Sacco
Chey Min-jung, the younger daughter of Chey Tae-won, the chairman of SK Group, has recently founded a healthcare startup in the United States.According to industry sources on March 28, Min-jung has been listed as a co-founder of Integral Health, an AI-based healthcare startup established recently. T
Researchers in South Korea have developed the world’s first artificial intelligence (AI) semiconductor that operates at ultra-high speeds with minimal power consumption for processing large language models (LLMs), based on principles that mimic the structure and function of the human brain. The semi
Michael B. Kim, Haverford College alumnus, founder-chairman of one of Asia’s largest private equity firms, and best-selling novelist has been appointed chair of the Haverford College Board of Managers.Haverford College announced on March 6 (local time) that Kim will lead the board of trustees as cha
Hanwha Life Insurance is accelerating efforts to discover and nurture future talent in Vietnam in order to foster mutual growth with local communities as a global company.On Feb. 29 (local time), Hanwha Life signed a memorandum of understanding (MOU) with its local partner, the Vietnam-Korea Univers
On Feb. 20, the Incheon Free Economic Zone (IFEZ) announced the inauguration of Yoon Won-seok, the former executive vice president of the Economic and Trade Cooperation at the Korea Trade-Investment Promotion Agency (KOTRA), as its 8th Commissioner. The position of Commissioner of the Incheon Free E
More and more small and medium-sized food manufacturers that produce and supply Coupang’s private label products are succeeding in achieving a “second leap.”Coupang announced on Jan. 31 that three small food manufacturers in explosive growth regions, with sales that have increased from 3 to up to 29
On Feb. 6, a joint research team at the Ulsan National Institute of Science and Technology (UNIST), led by Professor Lee Jae-sung, Professor Jang Ji-wook, and Professor Seok Sang-il from the Department of Energy and Chemical Engineering and Professor Lim Han-kwon from the Graduate School of Carbon N
The government is restructuring industrial and energy technology development projects to focus on high-risk, next-generation, and large-scale tasks. There will be a significant reduction in the financial burden on companies. The plan is to transition to a demand-driven process where businesses and r
Hwang Joo-ho, the CEO of Korea Hydro & Nuclear Power (KHNP), has been engaging in activities to secure the Dukovany new nuclear power plant project in the Czech Republic for two days from Jan. 16.On Jan. 17, CEO Hwang visited the Czech Power Company (CEZ) and the Czech Ministry of Industry and Trade
The Large Language Model (LLM) developed by MOREH, an AI infrastructure solution company, ranked first globally with a high score of 77.29 points in the ‘Open LLM Leaderboard’ evaluation run by Hugging Face, the world’s largest machine learning platform.'Open LLM Leaderboard' is a development platfo
Pernod Ricard Korea, the Korean affiliate of the global wine and spirits company Pernod Ricard, announced that it held a special lecture to help build a sustainable bar culture on January 15, 2024.The special lecture was offered as part of the Bar World of Tomorrow training program that Pernod Ricar
MBK Partners announced that Moon Joo-Ho, the executive director in charge of special situations investments in Korea, was promoted to the position of partner and vice president on Jan. 1.Vice President Moon graduated from Seoul National University with a degree in Business Administration and holds a
SK hynix has embarked on strengthening its research and development (R&D) capabilities to enhance its high-performance NAND competitiveness by successively recruiting NAND flash memory experts from Intel with decades of experience.According to industry sources on Dec. 28, SK hynix America this month
Huawei Korea recently hosted the ICT Talent Alumni Ceremony, a ceremony celebrating and announcing the achievements of participants in its domestic ICT talent development program. The event took place on Dec. 22 at the Emerald Hall of Lotte Hotel Seoul in the Jung district of the city. It was organi
Recent data indicates that the number of mid-sized companies playing a crucial role as the “backbone” of the domestic economy increased by nearly 100 last year. Both the total revenue and operating profit of mid-sized companies saw an increase of around 10% compared to the previous year, and investm
There has never been a more popular time for foreigners to live in or invest in Korea. While the number of foreigners declined during the pandemic due to global travel restrictions, immigration has been soaring in the last year. The number of foreign nationals residing in Korea for more than three m
The Ministry of SMEs and Startups (Minister LEE Young, hereinafter referred to as MSS) and the Korea Startup Forum (KSF, Chairman PARK Jae-wook, CEO of SOCAR) held a press briefing on COMEUP 2023 at Dreamplus in Gangnam-gu, Seoul on October 30.COMEUP is an annual event aimed at showcasing South Kore
In the third quarter of this year, SK Group emerged as the top conglomerate in South Korea, showing the highest level of interest in “ESG management” among the country’s top ten groups. SK Group’s ESG management-related posts were the only ones to exceed 10,000, with LG Group and HD Hyundai Group fo