Samsung Electronics is set to unveil an artificial intelligence (AI)-equipped Galaxy smartphone, marking a bold challenge to Apple in the fiercely competitive global smartphone market. The South Korean giant announced on Jan. 3 its plan to host the Samsung Galaxy Unpacked 2024 event in San Jose, Cal
Samsung Electronics and LG Electronics are set to showcase their latest AI-enhanced home appliances at the world’s largest consumer electronics show, CES 2024, in Las Vegas from Jan. 9 next year, marking a significant clash in the industry.According to industry sources on Dec. 28, Samsung Electronic
HD Hyundai announced that it will build HD Hyundai’s artificial intelligence (AI) platform based on Google Cloud’s technologies and solutions.Through this collaboration with Google, HD Hyundai plans to accelerate its digital transformation by introducing generative AI technology to its core business
DEEP IN SIGHT, spearheaded by CEO Eun-Song OH, has announced its participation at CES 2024, the esteemed international electronics exposition, scheduled to take place in Las Vegas from January 9th to 12th. The company is set to debut 'DIMENVUE,' an AI-powered portable 3D spatial information scanner.
Park Jung-won, chairman of Doosan Group, will attend the world’s largest consumer electronics and IT trade show, CES 2024, to be held in Las Vegas, Nevada, in the U.S., from Jan. 9 to 12.According to Doosan Group on Dec. 17, Chairman Park, along with Vice Chairman Park Ji-won and other executives, w
On Dec. 14, SK telecom unveiled the “A. Interpretation Call” service, which enables real-time interpretation during calls, and is preparing to sequentially update users’ apps.Initially targeting Apple iPhone users, the service supports four languages: Korean, English, Japanese, and Chinese. Plans ar
Flitto (CEO Simon Lee, KOSDAQ 300080), a leading language data and translation service provider, announced on the 14th that it had discussions on plans to collaborate on AI technology with three emerging AI startups representing the ASEAN region at its Seoul headquarters on the 12th.The three ASEAN
SK hynix has established a dedicated organization named “AI Infrastructure” (AI Infra) to strengthen its competitiveness in the high bandwidth memory (HBM) business, a high-value product segment. The AI Infra organization is led by Vice President Kim Joo-sun, who previously headed the Global Sales &
KT announced on Dec. 1 that it had swept two categories at the GLOTEL AWARDS 2023 held in London, the U.K., on Nov. 30 (local time). Nominated in four categories -- 5G Future Vision, 5G Specialized Network Project of the Year, Best Telecommunications Operator, and Security Solution of the Year -- KT
NPCore, an AI-based cybersecurity solution specialist (hereafter referred to as NPCore), with CEO Han Seung Chul, announced today that it has successfully completed raising 8 billion won in investment through a Pre-IPO. Last month, NPCore received a TI-1 grade from NICE evaluation information's inve
“Samsung Gauss will go beyond simply understanding and generating language to maximize interactions between users and devices and provide a more intuitive and natural user experience,” said Lee Joo-hyung, vice president of Samsung Research, in a demonstration of Samsung Gauss at the Samsung Develope
On the 13th, Animal Industry Data Korea (AIDKOREA) announced its participation as a validating institution in the 'Economic Impact Study of Antibiotic Resistance' project conducted by the World Organization for Animal Health (WOAH), aiming to represent data on antibiotic resistance issues that affec
Forbes today unveiled its 2023 Asia’s Power Businesswomen list, honoring 20 successful female leaders across the Asia-Pacific region, who operate in a broad range of industries including finance and banking, property, technology and commodities. The complete list can be found in the November issue o
The author is an analyst for NH Investment & Securities. He can be reached at sokang@shinhan.com -- Ed.3Q23 review: Earnings meet consensus on improved cost efficiencyNAVER posted operating profit of KRW380.2bn (+15.1% YoY, +2% QoQ, operating margin of 15.5%) on sales of KRW2.45tr (+18.9% YoY, 1.6%
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Although it is too early to expect an economic rebound, the ad market started to gradually recover from October. Sales are expected to improve, along with an increase in commerce commission rates
At HD Hyundai Heavy Industries’ Ulsan yard, the future of South Korea’s naval defense is being forged. The Republic of Korea Navy’s next-generation Aegis destroyer (KDX-III Batch-II) King Jeongjo the Great was successfully launched last July and is awaiting operational deployment. The lead ship in t
Generative artificial intelligence (AI), a major buzzword this year, is expected to dominate the smartphone market next year.Samsung Electronics is predicted to unveil its Galaxy S24 series, incorporating generative AI, early next year. The company is also expected to strengthen collaborations with
AI momentum, which was prevalent earlier this year, has dried up for now, but AI businesses continue to grow. NAVER’s earnings should remain stable in 3Q23, and 4Q23 should see significant growth thanks to peak seasonality and commerce commission fee billing.Expect significant growth on peak seasona
In a move seen as a counter to Apple’s upcoming pre-sale of the iPhone 15 series in South Korea on Oct. 6, Samsung Electronics has unveiled its Galaxy Fan Edition (FE) series after a two-year hiatus.On Oct. 4, Samsung Electronics announced the launch of its new Galaxy FE lineup comprising Galaxy S23
As robot adoption accelerates, leading domestic robotics firms including HD Hyundai Robotics, Doosan Robotics, and Hanwha Robotics are shifting focus from stationary collaborative robots (cobots) to mobile robots that move autonomously, heating up the undercurrent of competition.According to industr