As POSCO Chemtech president Choi Jeong-woo was tapped as new chairman of POSCO, the nation’s largest steel manufacturer is expected to step up its efforts to implement the 100-Year-Old Enterprise project.The project calls for shifting the steel giant's strategic focus from steel production and s
The Korea Power Exchange (KPX) hosted a seminar on the 4th Industrial Revolution and electricity demand in COEX on June 5. Experts in energy forecast were invited from home and abroad.Participants in the seminar, which was jointly held with Bloomberg, included scholars from the Seoul National Univer
"The supply of server DRAMs for cloud service expansion will not meet explosive demand, too this year," said the state-run Korea Institute for Industrial Economics and Trade (KIET), forecasting the memory semiconductor market early this year.The ground is simple. Supply will not be able to keep up w
Brisk research and development to utilize AI in the renewable energy sector such as solar and wind power energy is increasing patent applications.AI is attracting attention as it can accurately predict solar and wind power generation and demand for electric power and realize efficient storage and tr