Toss Lab, the provider of the enterprise collaboration tool JANDI, announced that it has been honored with the 'Technology Rising Star Partner of the Year' award at the AWS Partner Summit Seoul 2024. This prestigious award is presented to an AWS Independent Software Vendor (ISV) partner that has dem
OCI Holdings announced on April 23 that it will expand its solar power business in earnest after signing a memorandum of understanding (MOU) for investment cooperation with the Malaysian central government at the KL20 Summit 2024, a global investment attraction event held in Kuala Lumpur, Malaysia,
Samsung Electronics has launched a next-generation NAND flash product with the industry’s highest-stacked semiconductor cells. With the surge in artificial intelligence (AI) demanding vast amounts of image and video data, the value of NAND storage is also rising.On April 23, Samsung Electronics anno
With the ongoing competition in the AI semiconductor sector, the foundry (contract chip manufacturing) industry is facing a new challenge due to stagnant demand and overcapacity. Concurrently, the rivalry for dominance in the high-bandwidth memory (HBM) segment, a crucial component in AI, is intensi
Samsung Electronics is set to establish an advanced semiconductor complex in Taylor, Texas, in the U.S. The plan includes building state-of-the-art foundries for 2-nanometer (nm) process production and advanced packaging facilities to preempt the artificial intelligence (AI) semiconductor market.On
LG Electronics is speeding up its efforts to enhance its semiconductor capabilities as it battles with Samsung Electronics for dominance in the AI home appliance market.On April 10, LG Electronics announced plans to expand its home appliance-specific on-device AI chip, DQ-C, to 46 models across 8 pr
TSMC, the world’s largest foundry company based in Taiwan, is set to receive up to US$11.6 billion (15.73 trillion won) in subsidies and loan support for the construction of its plant in Arizona in the U.S.On April 8 (local time), the U.S. Department of Commerce announced a preliminary agreement to
LG Innotek announced on April 7 that it has developed a “high-performance Light Detection and Ranging (LiDAR)” that triples the detection distance in adverse weather conditions compared to its predecessors.LiDAR, which uses infrared rays to measure distances, is considered an essential component for
With the amendment of the Export-Import Bank of Korea Act, the legal capital limit for the Export-Import Bank of Korea (Korea Eximbank) has significantly increased. However, there is a discrepancy between the government and industry regarding how and how much the government will invest in Korea Exim
As the announcement of Samsung Electronics’ preliminary results for the first quarter of the year approaches, the success of the Galaxy S24 series, highlighted by its artificial intelligence (AI) features, is raising expectations for the company’s performance.According to market research firm Counte
SK hynix announced on April 1 that it has developed the semiconductor industry’s first neon gas recycling technology in collaboration with the domestic specialty gas company TEMC. This achievement comes just over a year after starting the development of recycling technology with a domestic material,
The author, Hyungcho Chung, is the founder and CEO of Scomot -- Ed.We might think that data storage is something that has come about in the tech age of the past few decades. This simply isn’t the case. We have been storing data for centuries, allowing us to process information, keep records and comm
Samsung Electronics has introduced a sample version of its next-generation graphics DRAM, GDDR7. Graphics DRAM, along with High Bandwidth Memory (HBM), is considered a profitable product in the Artificial Intelligence (AI) memory lineup.According to industry sources on March 28, Samsung Electronics
Doosan Enerbility is making its entry into the aircraft engine business, leveraging its accumulated expertise in power generation gas turbines to broaden its business domain and secure differentiated gas turbine technology.On March 26, Doosan Enerbility announced that it had added “aircraft engine m
There is a prospect that a new era will open in three years where the entire population of 50 million people across the nation can receive anything with a day of ordering it with free shipping.On March 27, Coupang announced its intention to expand its Rocket Delivery service to encompass the majorit
Celltrion announced on March 25 that it has received a recommendation for marketing authorization from the Committee for Medicinal Products for Human Use (CHMP) under the European Medicines Agency (EMA) for the full label of its Xolair (active ingredient: omalizumab) biosimilar “CT-P39.”The original
LG Chem announced on the 20th that it will exhibit eco-friendly plastic materials made from carbon dioxide at Cosmoprof Bologna 2024, held on the 21st in Bologna, Italy, to secure customers.The Cosmoprof exhibition is the world’s largest beauty industry expo, with participation from approximately 3,
Despite the battery industry’s active efforts to recruit talent, it continues to face challenges with labor shortages. As a result, “smart factories,” which promise to solve these labor issues while also enhancing production efficiency, are gaining attention.According to industry sources on March 18
The National Pension Service (NPS) has come out against the reappointment of Cho Won-tae, president and chairman of Korean Air, as an inside director, sparking interest in the reasons behind the move.According to the aviation industry on March 17, the NPS’s Fund Management Committee is expected to v
Attacks on Samsung Electronics by patent trolls are becoming increasingly cunning. These entities are focusing on purchasing patents with broad scopes that can be applied to various products and then targeting companies that release related products. Among global information technology (IT) companie