The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, April 23 (Korea Bizwire) — LG Electronics is taking a cautious approach to the initial public offering (IPO) of its Indian subsidiary, pushing back earlier expectations of a May 2025 listing in light of ongoing global market instability. According to industry sources on April 23, LG Electronics recently completed a revised version of its Updated [...]
SEOUL, April 23 (Korea Bizwire) — LG Innotek Co., an electronic component manufacturing unit of LG Group, said Wednesday its first-quarter net profit tumbled nearly 40 percent due to waning demand and intensifying competition. In a regulatory filing, the company reported a net income of 85.6 billion won (US$60.1 million) for the January-March period, down [...]
SEOUL, April 23 (Korea Bizwire) — Samsung Biologics Co., the biotech arm of South Korea’s Samsung Group, said Wednesday its first-quarter net profit more than doubled from a year earlier, driven by expanded production and a weaker won. Net profit for the three months ended March surged to 375.6 billion won (US$263.9 million), up from [...]
SEOUL, April 23 (Korea Bizwire) — South Korea’s first organic light-emitting diode (OLED) display parts testing center opened Wednesday in South Chungcheong Province, as part of efforts to boost the competitiveness of the country’s display materials industry, the Ministry of Trade, Industry and Energy said. The center, located within the special industrial zone for display [...]
SEOUL, April 23 (Korea Bizwire) — SK hynix Inc. said Wednesday its 96 gigabyte double data rate 5 (DDR5) memory chips have passed customer validation, marking a key step toward production readiness. The new product, known as CMM-DDR5, is a dynamic random access memory (DRAM) solution for data center servers. When integrated into server systems, [...]
SEOUL, April 23 (Korea Bizwire) — Naver Corp., the No. 1 online portal operator in South Korea, said Wednesday it will release three lightweight models of homegrown artificial intelligence (AI), HyperCLOVA X, as open source. The new models — HyperCLOVA X SEED 3B, HyperCLOVA X SEED 1.5B and HyperCLOVA X SEED 0.5B — will be [...]
DAEJEON, April 23, (Korea Bizwire) — Exposure to microplastics in soil can impair the immune function of soil-dwelling organisms, according to new research published by a South Korean team, marking the first study to link microplastic contamination with reduced immune activity in earthworms. On April 22, 2025, the National Research Foundation of Korea announced that [...]
DAEJEON, April 23, (Korea Bizwire) — South Korean researchers have developed a breakthrough artificial intelligence model that selectively processes visual information much like the human brain, significantly enhancing image recognition capabilities. Announced on April 22, 2025, by the Institute for Basic Science (IBS), the innovation comes from a joint effort between the IBS Center for [...]
SEOUL, April 22 (Korea Bizwire) — HD Hyundai Electric Co., a South Korean electrical equipment maker, said Tuesday its first-quarter net profit jumped 64 percent from a year earlier on strong demand for its products in the United States. Net profit for the three months ended March 31 rose to 153.4 billion won (US$107.9 million) [...]
SEOUL, April 22 (Korea Bizwire) — As SK hynix accelerates its push to expand high-bandwidth memory (HBM) production, the company is working to stabilize its supply of a critical manufacturing tool — the thermal compression (TC) bonder — by diversifying its vendor base. The move comes amid a global surge in demand for HBM, driven largely [...]