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
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
The KOSPI index has fluctuated amid consecutive adverse developments, returning to its January levels. Compared to the annual high of 2,667.07 on Aug. 1, it has declined by 13.7 percent.On Oct. 26, the KOSPI index closed at 2,299.08, marking a 2.17 percent decline, while the KOSDAQ index concluded a
Park Yong-in, who oversees Samsung Electronics’ system semiconductor design operations as President of the System LSI Division, expressed confidence in the success of the company’s latest mobile application processor, the Exynos 2400.On Oct. 26, following his keynote address at Semiconductor Expo 20
Challenges loom ahead for domestic companies that sell cathodes, made from materials like lithium and nickel, to battery manufacturers.Companies that held a strong foothold with nickel, cobalt, and manganese, essential for ternary batteries, are now under threat as the competition for low-priced ele
Huawei kicked off the 14th Global Mobile Broadband Forum in Dubai, UAE. Li Peng, Huawei's President of Carrier BG, delivered a keynote at the event. In his speech, Li called on global carriers and industry partners to rise to the occasion, address increasing demands on networks, and make the most of
ONDA, a South Korean hospitality technology company, is participating in Dubai’s largest startup and investor event to mark its entry into the Middle East hospitality technology market.ONDA (CEO Hyun-seok Oh) announced its participation in ‘Expand North Star 2023’ from October 15th to 18th at the Du
On Oct. 5, LIG Nex1 held a meeting in MegazoneCloud’s conference room and signed a business agreement with MegazoneCloud and Amazon Web Services Korea for “Future Space and Defense Cloud Transition.”With this agreement, the three companies plan to collaborate on the development of cloud transition t
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Meta Platforms has unveiled its new XR product, the Meta Quest 3. Although hardware and software improvements have been made, the device remains reasonably priced. Sales are expected to be strong.M
Tensions and conflicts are intensifying in the “semiconductor war” between the U.S. and China. As the first anniversary approaches of the U.S. government’s decision to restrict exports of semiconductor chips and equipment to China on Oct. 7 of last year, an update on policies regarding “Artificial I
The second day of HUAWEI CONNECT 2023 was off to a good start with the keynote speech by Mr. Zhang Ping'an, Executive Director of Huawei and CEO of Huawei Cloud. In "The Cloud Foundation for an Intelligent World: Reshaping Industries with AI", he announced Huawei's Pangu models for mining, governmen
Huawei Connect 2023 kicked off in Shanghai today, bringing together business leaders, tech experts, partners, developers, and industry stakeholders from around the world to explore new opportunities for an intelligent future.At the event, Sabrina Meng, Huawei's Deputy Chairwoman, Rotating Chairwoman
ArkData registered Ark for CDC, a real-time heterogeneous data replication solution on NHN Cloud Marketplace.Through this Marketplace registration, customers who need data replication on NHN Cloud can get the service efficiently in a monthly subscription form. Since there is no need for an additiona