Samsung Electronics is set to revolutionize the Chinese smartphone market with its upcoming artificial intelligence (AI) phone, the Galaxy S24 series, featuring Baidu's generative AI. This strategy, aimed at enhancing AI service quality through collaboration with various AI partners and capturing th
Following the election of an anti-China candidate in the Taiwanese presidential election, the geopolitical risks associated with Taiwan, a central player in the global semiconductor supply chain, have elevated the roles of Southeast Asian countries like Malaysia, Singapore, and Vietnam as new global
At the beginning of this year, the Consumer Electronics Show (CES) 2024, the world’s largest consumer electronics and IT exhibition, brought into focus the trend of “on-device AI,” or artificial intelligence operating within the device. The emergence of devices equipped with this technology is injec
SK telecom anticipates further advancement in artificial intelligence (AI) technology this year, with plans to enhance its AI personal assistant “A.” and secure allies in the global market for tangible results.On Jan. 25, Yoo Young-sang, CEO of SK Telecom, discussed the company’s AI strategy with th
HMM held a naming ceremony for the HMM Garnet, a 13,000 TEU container ship, on Jan. 24.The HMM Garnet, built to enhance HMM’s eco-friendly competitiveness and diversify its fleet, is the first delivered vessel of the 12 13,000 TEU container ships in contracts signed with HD Hyundai Heavy Industries
The Ministry of Trade, Industry, and Energy (MOTIE) has announced plans to achieve a US$700 billion export target this year. To attain this goal, the ministry will tailor export strategies per market by dividing them into key, strategic and emerging categories such as the United States, China, the E
Seoul Mayor Oh Se-hoon announced Seoul Smart Life Week at the Seoul Innovation Forum 2024 held in Las Vegas in the U.S. on Jan. 9.Seoul Smart Life Week is a three-year mid- to long-term plan to showcase Seoul’s innovative technology companies to the world using the city’s smart network as a foundati
The author, Sam seog Ko, is a distinguished professor at the College of AI Convergence at Dongguk University and former commissioner of the Korea Communications Commission -- Ed.The global streaming service Netflix is rapidly changing the media market. Especially during the corona pandemic, media ex
South Korean heavy machinery and electronic components manufacturer LS Mtron announced on Jan. 22 that it will showcase its business-to-business (B2B) solutions at a globally recognized information technology (IT) exhibition.The company will participate in the technology exhibition DesignCon 2024, s
The government is set to implement a comprehensive plan for “smart cities” incorporating new technologies. The primary focus is accelerating the entry into foreign markets through the restructuring of the “K-City Network” project. This initiative aims to strengthen the global competitiveness of Kore
Hyundai Motor India Ltd. (HMIL) has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The acquisition has been completed post fulfilment of certain conditions and receipt of regulatory approvals from relevant government authorities and
Samsung Electronics has incorporated its next-generation mobile application processor (AP), the Exynos 2400, into the latest premium smartphone, the Galaxy S24 series.On Jan. 17, Samsung Electronics hosted Galaxy Unpacked 2024 at the SAP Center in San Jose, California, in the U.S., where they unveil
HD Hyundai announced on Jan. 17 that its Vice Chairman Chung Ki-sun attended the Supply Chain & Transport Governors and Oil & Gas Governors group at the Davos Forum in Switzerland to discuss decarbonization initiatives and cooperation.The Supply Chain & Transportation Governors is a group of CEOs fr
Apple has overtaken Samsung Electronics in global smartphone shipments. While Samsung Electronics had previously led in shipments with its mid-range Galaxy A series, the increasing preference for premium smartphones last year led to Apple surpassing Samsung. This marks the first time Samsung has los
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.In contrast to market concerns, KT should report healthy 2023 OP, as various expenses that occur each 4Q likely eased. We anticipate solid earnings at major subsidiaries and expect a highlighting
On the 11th, the global AI data platform AIMMO, led by CEO Oh Seung-taek, hosted a solo conference, the 'AIMMO AI Tech Summit,' at CES 2024 in Las Vegas. The event received positive reviews for the launch of its new data cycle process, '4Core.'AIMMO's innovative product, '4Core,' epitomizes the indu
A well-known Chinese automotive manufacturer is currently under investigation by South Korean law enforcement agencies for allegedly establishing a subsidiary in South Korea and illicitly acquiring domestic battery technologies from Samsung SDI and SK on, formerly SK innovation.According to industry
Samsung Electronics announced on Jan. 14 that its AI companion Ballie, which made a big splash at CES 2024, will now be equipped with the Samsung Tizen OS.Originally deployed in TVs and monitors, Samsung’s Tizen OS has recently expanded to include home appliances and now next-generation AI devices.
SK ecoplant is strengthening cooperation with the US state of Nevada, which is rising fast as a hub for the U.S. electric vehicle and battery industry.SK ecoplant announced on Jan. 14 that it had a business meeting with Nevada Governor Joe Lombardo at a Las Vegas plant of its recycling subsidiary TE
HD Hyundai XiteSolution announced on Jan. 11 (local time) that it has signed a memorandum of understanding (MOU) with CNH, a leading global company in agriculture and construction machinery, at the CES 2024 event in Las Vegas, Nevada, in the U.S. The MOU focuses on establishing a joint research cent