As the automotive industry shifts its focus from hardware to software, South Korean companies are accelerating their drive towards Software-defined Vehicles (SDVs). SDVs are cars controlled and managed by software. Domestic car and parts manufacturers are actively developing solutions and preparing
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
The author is an analyist for NH Investment & Securities. He can be reached at jack.baek@nhqv.com -- Ed.MaumAI is a provider of AI platform services to companies looking to implement AI. Moving ahead, we anticipate a rise in RAG chatbot orders, strengthening earnings at the new WoRV autonomous drivi
Despite the United States intensifying its export restrictions against China in the semiconductor sector, China’s self-sufficiency rate in advanced products such as domestic artificial intelligence (AI) chips is increasing faster than expected.Market research firm TrendForce reported on Dec. 12 that
Naver Cloud announced it has signed a Memorandum of Understanding (MOU) with iot squared, a Saudi Arabian IoT and smart city technology solution company, for collaboration in Saudi Arabia’s digital transformation (DX).iot squared is a joint venture co-founded by the STC Group, a leading force in Sau
SK hynix has overtaken Samsung Electronics in the server DRAM market, nearing a 50% market share in the third quarter of this year. This surge is attributed to SK hynix’s leading position in the competition for module-type products, which include the latest standard server DRAM, Double Data Rate 5 (
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 Electronics has confirmed on Nov. 27 that they have completed the trademark registration for the terms “AI Smartphone” and “AI Phone” in connection with the launch of an artificial intelligence (AI) equipped smartphone next year. This registration was finalized on Nov. 24 with the European U
Samsung Electronics recently presented a number of memory strategies to prepare for the “AI Big Bang” era at the Investors Forum 2023 in Hong Kong.The company aims to dominate the automotive memory market by 2025, with plans to roll out AI-related products starting next year. The AI market is expand
The Korea Startup Forum (Chairman Jae-Wook Park, hereinafter referred to as KSF), the organizing organization of the global startup festival COMEUP, announced that COMEUP 2023, which was held at Dongdaemun Design Plaza (DDP) for three days from November 8 to 10, attracted about 66,000 people. It was
Prosecutors have embarked on a search and seizure operation targeting the CEO of Hyundai AutoEver and others.The Fair Trade Investigation Division of the Seoul Central District Prosecutors’ Office announced that they have been conducting search and seizure operations at a total of four locations, in
“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
Rebellions, a domestic AI fabless startup, is gearing up for mass production of data center-specific artificial intelligence (AI) chips using Samsung Electronics’ foundry extreme ultraviolet (EUV) process at the 5-nanometer (nm) level.According to industry sources on Nov. 13, Rebellions completed a
Following the rise of generative AI led by ChatGPT, the On-Device AI market is now opening up, drawing attention to a new type of memory semiconductor. On-Device AI refers to technology that implements AI functions within information technology (IT) devices like smartphones without relying on server
According to industry sources on Nov. 13, South Korean memory semiconductor manufacturers are focusing on the preemptive development of memory to support the advancement of Artificial Intelligence (AI). This is expected to lead to the creation of AI semiconductors that are not only capable of data s
Samsung Electronics has unveiled its in-house developed generative artificial intelligence (AI) model, known as Samsung Gauss.On Nov. 8, during the second day of the Samsung AI Forum 2023 at the Samsung R&D Campus in the Seocho district of Seoul, Samsung Gauss was presented for the first time by Sam
ArkData has entered into an Independent Software Vendor (ISV) partnership agreement with TmaxTibero, a specialist in Database Management Systems (DBMS), led by CEO Kim Dae-ki. The agreement, announced on the 8th, is aimed at enhancing the efficient management of their IT infrastructure and data.This
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%
In the third quarter of this year, OB’s steady-seller beer, Cass, successfully retained its position as the leading brand in the South Korean home beer market.According to the food industry statistics information from the Korea Agro-Fisheries & Food Trade Corporation (aT) on Nov. 5, the retail store
Samsung Electronics has announced plans to unveil a smartphone with integrated generative artificial intelligence (AI) technology next year.During its 3rd quarter earnings conference call on Oct. 31, Samsung stated, “We are working to introduce AI technology as a new experience in our devices,” and