SK telecom signed a memorandum of understanding (MOU) with the Seoul Veterinary Medical Association (SVMA) to expand healthcare for pets using artificial intelligence (AI) on Sept. 15.SK telecom and the Seoul Veterinary Medical Association will cooperate to establish an AI-based pet care system by s
Korea and the United States have released a joint declaration on strengthening research and development cooperation in artificial intelligence (AI), open clouds, and 6G, and discussing digital international norms.The Ministry of Science and ICT (MSIT) and the Personal Information Protection Commissi
Samsung SDS has entered the market for generative artificial intelligence (AI) services. Rather than developing its own generative AI, the company will launch services that help companies by utilizing existing large language models (LLMs) such as ChatGPT.On Sept. 12, Samsung SDI held the Real Summit
Answering AI startup, 42Maru, announced its participation in Global Mobile Vision 2023 (GMV 2023) to be held at the Grand Hyatt Seoul from Sept. 12 to 13.Celebrating its 16th year, GMV 2023 is an ICT-focused export consultation event hosted by KOTRA in collaboration with institutions such as Naver C
SK Telecom announced on Sept. 11 that it has launched a solution that can reduce the cost of operating AWS-based cloud services by up to 40 percent.SK Telecom’s solution is a cloud cost optimization solution based on Amazon Web Services (AWS). It supports migration from Intel- and AMD-based servers
Gureumus Co., Ltd., a pioneer in AI-based next-generation facial recognition solutions, announced that it presented its FaceTracker solution during the 2023 K-ICT WEEK in Busan, the largest integrated ICT event in the Yeongnam region, spanning from Wednesday, September 6th, to Friday, September 8th.
Hankook & Company Group, holding a subsidiary group Hankook Tire, co-hosted ‘The 1st Hankook & Company Group – KAIST AI Competition’ with the Korea Advanced Institute of Science Technology Graduate School of Data Science (KAIST GSDS) to reinforce employee capabilities in areas such as AI and Big Dat
The Electronics and Telecommunications Research Institute (ETRI) of Korea announced on Sept. 6 that it has developed a dedicated computational accelerator chip capable of high-speed processing of homomorphic encryption, which is drawing much attention as a next-generation cryptographic technology.Un
According to a recent survey, South Korean companies, which have secured the top position in major industry products and service sectors worldwide, have now risen to the third spot along with Japanese companies in terms of global market share.In its 2022 self-conducted survey of market share in 63 m
Starting next year, Samsung Electronics plans to upgrade its artificial intelligence (AI) assistant Bixby to a generative AI, enabling more natural conversations between users and devices. To support this, the company will equip home appliances with an ultra-low-power Neural Processing Unit (NPU) ch
Samsung SDS revealed on Aug. 4 its plans to enhance its cloud business competitiveness in collaboration with global open-source solution companies Red Hat and IBM.Through this partnership, Samsung SDS will offer Red Hat's OpenShift on its Samsung Cloud Platform (SCP). Additionally, joint sales and e
Coupang Play, the fastest-growing OTT service in Korea, has completed its executive reinforcement within the engineering organization and is accelerating its efforts to enhance the product experience. The executives appointed by Coupang Play are Rohit Puri, Head of Engineering, and Sekwon Choi, Head
In a bid to reinforce the future of smart living, industry rivals Samsung Electronics and LG Electronics are joining hands to establish a “Smart Home.” Their collaboration involves integrating both companies’ smart home platforms in the cloud to bolster interconnectivity between appliances.On Aug. 2
Prosecutors have launched a raid on the headquarters and subsidiary of KT Corp as part of an investigation into suspicions of embezzlement. According to industry sources on Aug. 28, the Fair Trade Investigation Division of the Seoul Central District Prosecutors’ Office, led by Chief Prosecutor Lee J
Naver has unveiled HyperClova X, a new generative artificial intelligence (AI) platform. Naver will build an AI ecosystem and establish a model for mutual growth with Korean startups through the AI platform.At the DAN23 Conference held at the Grand InterContinental Seoul Parnas on Aug. 24, Choi Soo-
Samsung SDS is set to unveil its enterprise-level generative AI service next month. This will mark the first time Samsung’s generative AI service will be introduced to the public.According to the electronics industry on Aug. 23, Samsung SDS will present the AI service under development at the “Real
Huawei announced its business results for the first half of 2023 today. Overall performance was in line with forecast.In 2023 H1, Huawei generated CNY310.9 billion in revenue, with a year-on-year increase of 3.1% and a net profit margin of 15.0%. The company's ICT infrastructure business contrib
A lot of attention is being paid to whether ARM, a British fabless company and subsidiary of SoftBank, which is led by Chairman Masayoshi Son, will be able to succeed in going public in the United States with support from major global companies such as Samsung Electronics, Apple, and Intel.According
An outlook has emerged predicting a narrowing of the market share gap between SK hynix and Samsung Electronics in the High Bandwidth Memory (HBM) market.HBM is a technology that boosts functionality by vertically stacking multiple DRAM modules. This innovation is integrated into Graphics Processing
The semiconductor battle between the United States and China is escalating. The U.S. has imposed sanctions on semiconductor exports to China, citing threats to national security, to which China responded by blocking exports of key semiconductor minerals. The U.S. is now considering restricting even