The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Aug. 16 (Korea Bizwire) — Samsung Electronics Co. has said it sold part of its stake in the Dutch chip equipment maker ASML Holdings N.V. to secure cash flows amid the chip slowdown. The South Korean tech giant’s semi-annual report released on Monday showed that Samsung’s shares in Veldhoven-based ASML fell to 2.75 million, [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korea’s antitrust regulator said Wednesday it has sent a formal letter to Google LLC on its decision to slap a fine of 42.1 billion won (US$31.4 million) on the U.S. tech giant for unfair business practices aimed at solidifying its dominance in the local mobile gaming app market. [...]
SEOUL, Aug. 16 (Korea Bizwire) — Samsung Electronics Co. will supply next-generation artificial intelligence (AI) semiconductors to U.S. AI solutions firm Groq, the U.S. company has said. The California-based fabless said Sunday (U.S. time) it contracted with Samsung Foundry to “solidify Groq’s product roadmap with a U.S.-based foundry services provider.” Groq’s new chips will “be [...]
SEOUL, Aug. 15 (Korea Bizwire) — The most affordable location for consumers to purchase Samsung Electronics Co.’s latest smartphones, the Galaxy Z Flip 5 and Galaxy Z Fold 5, is in the devices’ home turf — South Korea. According to industry sources, the consumer benefit price starts at 547,000 won (US$409) when users trade in [...]
SEOUL, Aug. 14 (Korea Bizwire) — Samsung Electronics Co. partnered with Dolby Laboratories Inc., a U.S.-based audio and imaging technology giant, to establish a pop-up store at AK Plaza department store in Suwon, Gyeonggi Province. Visitors can experience Samsung’s Neo QLED 8 and the Q990C Premium Soundbar, which incorporates Dolby Atmos 3D surround sound technology, [...]
SEOUL, Aug. 13 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Sunday it will invest US$100 million in the U.S. artificial intelligence (AI) company Anthropic in a partnership deal to expand its footprint in the AI sector. Anthropic is a San Francisco-based AI safety and research company, with products like the [...]
SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. said Friday they will attend IAA Mobility 2023, an annual global mobility show to be held in Germany, for the first time, in a step seen as an attempt to gain a bigger share in the fast-growing electric vehicle (EV) parts market. [...]
SEOUL, Aug. 11 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday it has utilized artificial intelligence (AI) technology to generate vivid videos of prominent independence activists, whose images have remained blurry in photographs. The video media art showcases historical figures such as Ahn Jung-geun and Yu Gwan-sun, all produced using [...]
SEOUL, Aug. 10 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will hold Memory Tech Day 2023 in October in the United States to share its newest chip technologies and products with technicians and industry officials worldwide. The event is scheduled to take place in San Jose, California, on Oct. 20, beginning with an [...]
SEOUL, Aug. 10 (Korea Bizwire) — Nexon Co. dominates the South Korean gaming market in the second quarter, surpassing other major developers such as Netmarble Corp. and NCSOFT Corp. According to the financial reports of major listed game developers for the second quarter, Nexon was the sole company to exceed its operating profit from the [...]