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Samsung Electronics Envisions AI-Connected Smart Home Future

Samsung Electronics Envisions AI-Connected Smart Home Future

SEOUL, May 15 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it will lead the South Korean home appliances market with an advanced artificial intelligence (AI) solution designed to connect all smart devices, simplifying domestic chores and reducing the time and effort required. “We have earned customer trust that Samsung Electronics is leading AI innovation [...]

LG Electronics Courts AI Talent With Silicon Valley Recruiting Event

LG Electronics Courts AI Talent With Silicon Valley Recruiting Event

SAN FRANCISCO, May 13 (Korea Bizwire) – At Ridge Vineyards, a renowned winery in Cupertino offering a distant view of Apple’s headquarters, some 50 Korean AI experts gathered on May 11, lured by an LG Electronics recruiting initiative.  The invitees included AI specialists working at major tech companies and startups in Silicon Valley, Seattle and Los [...]

Samsung, SK Telecom and Naver Ranked as Top A.I. Companies by Young South Koreans

Samsung, SK Telecom and Naver Ranked as Top A.I. Companies by Young South Koreans

SEOUL, May 7 (Korea Bizwire) – Samsung Electronics, SK Telecom and Naver have emerged as the top artificial intelligence companies in South Korea, according to a survey of people from the MZ generation (those born between 1980 and the early 2000s) by the job platform Jobplanet.  The survey of 947 MZ generation respondents revealed Samsung Electronics, [...]

Samsung SDS Unveils Enterprise Generative AI Services FabriX and Brity Copilot

Samsung SDS Unveils Enterprise Generative AI Services FabriX and Brity Copilot

SEOUL, May 3 (Korea Bizwire) – Samsung SDS announced on May 2 the official launch of its enterprise generative artificial intelligence (AI) services, FabriX and Brity Copilot. During a media day event held at the company’s Jamsil Campus in Seoul’s Songpa district, Samsung SDS unveiled its business strategy for generative AI services and highlighted the formal [...]

Samsung’s Mobile Business Shines Despite Smartphone Market Slump

Samsung’s Mobile Business Shines Despite Smartphone Market Slump

SEOUL, May 1 (Korea Bizwire) – Despite the global smartphone market’s contraction, Samsung Electronics’ mobile experience (MX) division reported robust first-quarter earnings, buoyed by the strong sales performance of its latest artificial intelligence (AI)-powered flagship, the Galaxy S24 series.  According to Samsung’s earnings release on April 30, the company’s MX and Networks divisions posted consolidated revenue [...]

KT Set to Transform Media Biz through AI

KT Set to Transform Media Biz through AI

SEOUL, Apr. 29 (Korea Bizwire) — South Korea’s telecommunications giant KT Corp. said Monday it will lead the transformation of the company’s media business by widely using its artificial intelligence capabilities and strengthening investments to spread Korean pop content in global markets. KT, the country’s No. 2 wireless carrier, said it is utilizing AI technology [...]

Break Down of South Korea’s Ambitious Initiatives to Lead in Cutting-Edge Technologies

Break Down of South Korea’s Ambitious Initiatives to Lead in Cutting-Edge Technologies

SEOUL, April 25 (Korea Bizwire) – South Korea’s government has finalized its blueprint to establish global leadership in three pivotal areas it deems “game changers” for the future: artificial intelligence semiconductors, advanced biotechnology and quantum technology. The Presidential Advisory Council on Science & Technology, the nation’s top decision-making body for science and technology issues chaired by [...]

South Korea to Pursue Global Dominance in AI Chip, Advanced Bio, and Quantum Technologies, States Government

South Korea to Pursue Global Dominance in AI Chip, Advanced Bio, and Quantum Technologies, States Government

SEOUL, April 25 (Korea Bizwire) — South Korea will launch an initiative to become one of three leading nations in the so-called game-changer industries that include artificial intelligence (AI) chip, advanced biology and quantum technologies by 2030, the science ministry said Thursday. The Presidential Advisory Council on Science & Technology held a meeting and decided [...]

SK Hynix Returns to Profit in Q1 on Solid Demand for AI Chips

SK Hynix Returns to Profit in Q1 on Solid Demand for AI Chips

SEOUL, Apr. 25 (Korea Bizwire) — SK hynix Inc. said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing. The world’s second-largest memory chipmaker posted an operating profit of 2.88 trillion won (US$2.09 [...]

S. Korea Donates AI Medical Image Analysis System to UAE

S. Korea Donates AI Medical Image Analysis System to UAE

SEOUL, Apr. 22 (Korea Bizwire) — South Korea has donated an advanced medical imaging analysis system to a military hospital in the United Arab Emirates (UAE) to help improve its health care service, the defense ministry said Monday. The artificial intelligence (AI) powered medical image analysis system, jointly developed by the defense and ICT ministries [...]