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LG Electronics Invests in U.S. Mobility Software Startup Apex.AI

LG Electronics Invests in U.S. Mobility Software Startup Apex.AI

SEOUL, Feb. 21 (Korea Bizwire) — LG Electronics Inc. has invested in Silicon Valley-based mobility software startup Apex.AI as part of its broader plans to expand collaborations with software providers in the artificial intelligence (AI) era, the U.S. company said Friday. “LG Electronics, a global innovator in technology and consumer electronics, including vehicle solutions, has [...]

SK Hynix CEO Kwak Noh-jung Says ‘Stakes Are High’ in AI Evolution

SK Hynix CEO Kwak Noh-jung Says ‘Stakes Are High’ in AI Evolution

SEOUL, Feb. 21 (Korea Bizwire) — Kwak Noh-jung, chief executive officer (CEO) of SK hynix Inc., has emphasized the critical role of South Korea’s semiconductor industry, saying “stakes are high” in the face of rapidly evolving artificial intelligence (AI). “Reflecting on my time at Semicon Korea 2025, I’m reminded of the immense responsibility we carry [...]

S. Korea Aims to Develop Homegrown ChatGPT: Acting President

S. Korea Aims to Develop Homegrown ChatGPT: Acting President

SEOUL, Feb. 20 (Korea Bizwire) — South Korea will push to develop its own version of ChatGPT, the artificial intelligence (AI) chatbot created by U.S.-based OpenAI, acting President Choi Sang-mok said Thursday, pledging full-scale government support for research and development (R&D). Choi made the remarks during a high-level committee meeting aimed at positioning South Korea [...]

Gov’t to Secure 18,000 GPUs by First Half of 2026 to Enhance AI Capabilities

Gov’t to Secure 18,000 GPUs by First Half of 2026 to Enhance AI Capabilities

SEOUL, Feb. 20 (Korea Bizwire) — South Korea will acquire 18,000 high-performance graphics processing units (GPUs) by the first half of next year to enhance the country’s artificial intelligence (AI) computing capabilities, the science ministry said Thursday. The government initially plans to secure 10,000 GPUs within this year for the launch of a new national [...]

Generative AI Most Desired New Subscription Service among 20s, 30s: Poll

Generative AI Most Desired New Subscription Service among 20s, 30s: Poll

SEOUL, Feb. 19 (Korea Bizwire) — Generative artificial intelligence (AI) has emerged as the most desired product in the new subscription application product category among consumers in their 20s and 30s, a poll showed Wednesday. According to the survey conducted recently on 1,000 adults by market research firm Macromill Embrain, 94.8 percent of respondents said [...]

Seoul Plans 51.3 Billion Won Investment in Digital Safety Infrastructure

Seoul Plans 51.3 Billion Won Investment in Digital Safety Infrastructure

SEOUL, Feb. 19 (Korea Bizwire) — Seoul Metropolitan Government announced plans to invest 51.3 billion won in creating a “digital safety city” this year, with initiatives including the installation of intelligent CCTV systems and expanded public WiFi coverage. The budget represents a 6.3 billion won increase from last year.  The city is accelerating the deployment of [...]

Gov’t, Ruling Party to Discuss AI, Strategies to Respond to DeepSeek

Gov’t, Ruling Party to Discuss AI, Strategies to Respond to DeepSeek

SEOUL, Feb. 18 (Korea Bizwire) – The government and the ruling People Power Party (PPP) were set to discuss Tuesday ways to improve competitiveness in the artificial intelligence (AI) industry. During their consultations, the two sides are expected to review AI trends and strategies related to DeepSeek, China’s generative AI service, and discuss ways to [...]

SK Hynix Accelerates AI Chip Expansion with Yongin Fab Construction and Hiring Drive

SK Hynix Accelerates AI Chip Expansion with Yongin Fab Construction and Hiring Drive

SEOUL, Feb. 18 (Korea Bizwire) — SK Hynix is ramping up preparations for its first semiconductor fabrication plant in the Yongin Cluster, moving forward with infrastructure recruitment to support its growing high-bandwidth memory (HBM) and artificial intelligence (AI) semiconductor production. According to industry sources, SK Hynix has posted job openings on its recruitment website for [...]

Korean Tech Firms Pivot to AI Partnerships with Global Leaders

Korean Tech Firms Pivot to AI Partnerships with Global Leaders

SEOUL, Feb. 17 (Korea Bizwire) — Major South Korean information and communications technology (ICT) companies are moving away from independent development efforts, forming strategic partnerships with global tech giants in artificial intelligence to minimize risks and boost their service capabilities.  KT Corporation, one of South Korea’s largest telecommunications companies, announced plans to collaborate with Microsoft to [...]