WASHINGTON, Aug. 7 (Korea Bizwire) – President Donald Trump said Wednesday that his administration will impose a 100% tariff on imported semiconductors, escalating trade tensions and raising fresh concerns for South Korean chipmakers such as Samsung Electronics Co. and SK hynix Inc. The tariff announcement came during a White House event highlighting Apple Inc.’s $100 billion [...]
SEOUL, Aug. 7 (Korea Bizwire) — Samsung SDI Co. said Thursday an electric vehicle (EV) equipped with its batteries has set a world record for the longest distance driven on a single charge. The Lucid Air Grand Touring, an EV produced by U.S. automotive company Lucid Group Inc., traveled 1,205 kilometers from Switzerland to Germany, [...]
SEOUL, Aug. 7 (Korea Bizwire) — South Korea’s Ministry of Environment on Wednesday unveiled new regulatory exemptions aimed at promoting the recycling of lithium iron phosphate (LFP) batteries and electronic waste, as part of a broader push to support emerging green technologies. Under the country’s regulatory sandbox framework, which allows temporary exemptions from existing laws [...]
SEOUL, Aug. 7 (Korea Bizwire) — South Korean shipbuilding conglomerate HD Hyundai Co. said Thursday it has signed an agreement with U.S. defense technology company Anduril Industries Inc. to expand cooperation in the naval defense sector, particularly in the development of unmanned surface vessels (USVs). The two companies signed a memorandum of agreement (MOA) on [...]
SEOUL, Aug. 7 (Korea Bizwire) — South Korea’s top display makers, Samsung Display and LG Display, unveiled their latest cutting-edge technologies on Thursday, offering a glimpse into the future of screens in everything from wearables to next-generation vehicles. The Korea Display Exhibition opened its three-day run in southern Seoul with 143 participating companies, including leading material, [...]
SEOUL, Aug. 7 (Korea Bizwire) — South Korea recorded its largest-ever current account surplus in June, driven by rising exports of semiconductors and other key items, central bank data showed Thursday. The country’s current account surplus reached US$14.27 billion in June, up from $10.14 billion the previous month, according to the data compiled by the [...]
Cloudera removes barriers to AI adoption by allowing organizations to run AI on their own data behind their firewall SANTA CLARA, Calif., Aug. 06, 2025 (Korea Bizwire) – Cloudera, the only company bringing AI to data anywhere, today announced the latest release of Cloudera Data Services, bringing Private AI on premises and giving enterprises secure, GPU-accelerated [...]
Integrating Cloudera’s data and AI platform to strengthen data engineering, AI training and inference capabilities to drive operational efficiency SINGAPORE, Aug. 06, 2025 (Korea Bizwire) – [EVOLVE25] - Cloudera, the only company bringing AI to data anywhere, today announced that Krutrim, India’s own sovereign cloud platform, is working with Cloudera to power large-scale analytics and data lake workloads [...]
Cloudera’s secure, scalable platform to power BNI’s next phase of digital transformation, enabling real-time insights, advanced machine learning, and cross-agency collaboration. SINGAPORE, Aug. 06, 2025 (Korea Bizwire) – [EVOLVE25] – Cloudera, the only company bringing AI to data anywhere, today announced that Bank Negara Indonesia (BNI) is deepening its partnership with Cloudera to scale artificial intelligence (AI) innovation [...]
SEOUL, Aug. 7 (Korea Bizwire) — BGF Retail, operator of South Korea’s CU convenience stores, announced on Thursday a new accessibility initiative designed to assist visually impaired customers with in-store shopping. In partnership with social venture Tuat, the company has integrated a CU-specific mode into the Android version of Sullivan Plus, an AI-powered visual assistance app [...]