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Archive by category Partnership

Samsung Electronics to Join Alliance to Lead AI-powered 6G Network Tech

SEOUL, Feb. 26 (Korea Bizwire) – Samsung Electronics Co. said Monday it participated in the U.S. chip giant Nvidia-led alliance in a bid to lead the next-generation 6G network technologies powered by artificial intelligence (AI). The South Korean tech giant said it is a founding member of the AI-RAN Alliance, launched during this year’s Mobile World Congress, along with semiconductor, telecommunications and software big names including Nvidia, Arm, [...]

SK Telecom Joins Forces with Global Telcos to Establish Language-model Joint Venture

SEOUL, Feb. 26 (Korea Bizwire) – SK Telecom Co., South Korea’s top mobile carrier, said Monday it will create a joint venture with four global mobile carriers aimed at developing large language models (LLMs) tailored to the needs of telecommunications companies. The joint venture will be established by SK Telecom, Germany’s Deutsche Telekom, the United Arab Emirates’ e& Group, Singapore’s Singtel and Japan’s Softbank later [...]

Samsung and Arm Forge Deeper Ties in AI Chip Race

SEOUL, Feb. 22 (Korea Bizwire) – Semiconductor firms worldwide are engaged in fierce competition to secure a leading position in cutting-edge foundry process technology, particularly driven by the surging demand in the artificial intelligence (AI) chip market. Companies are forming strategic alliances with strong partners to enhance their competitiveness in this rapidly growing sector. Samsung Electronics [...]

Hyundai Motor and U.S. Museum Forge 10-Year Partnership for Exhibition Projects

SEOUL, Feb. 10 (Korea Bizwire) – Hyundai Motor Co. has signed a 10-year partnership with the New York-based Whitney Museum of American Art to support its exhibition projects and the Whitney Biennial, according to the company Saturday. The long-term sponsorship will offer an innovative platform for artists to experiment and showcase their works to the [...]

Samsung Launches ‘Galaxy Studio Pet’ Pop-Up with Starbucks for Pet-Friendly Experience with Galaxy S24 Series

SEOUL, Feb. 6 (Korea Bizwire) –Samsung Electronics has partnered with Starbucks to offer a unique experience for pet owners at the ‘Galaxy Studio Pet’ pop-up at the Starbucks Bukhan River R in Namyangju, Gyeonggi Province, until March 10. This collaboration marks a special opportunity for visitors to explore the features of the Galaxy S24 series [...]

LG Electronics Partners with Saint-Gobain Sekurit to Unveil Next-Generation Transparent Antenna

SEOUL, Dec. 19 (Korea Bizwire) – LG Electronics has announced a strategic partnership with global automotive glass company Saint-Gobain Sekurit to introduce a cutting-edge transparent antenna for motor vehicles, a move signaling significant advancements in automotive communication technology. This innovative product will be showcased to automotive clients at the Consumer Electronics Show (CES) 2024 in Las [...]

SK On Partners with BASF to Explore Joint Lithium-ion Battery Business

SEOUL, Nov. 15 (Korea Bizwire) – South Korean battery maker SK On Co. said Wednesday it has partnered with German battery materials firm BASF SE to explore possible business opportunities in the global lithium-ion battery markets. SK On and BASF reached an agreement to collaborate in exploring business opportunities in cathode active materials (CAM) production, [...]

KT Collaborates with Thai Telecom Company to Develop Thai Language AI Service

SEOUL, Oct. 22 (Korea Bizwire) – South Korea’s major mobile carrier KT Corp. said Sunday it will join hands with Thailand’s communication technology company Jasmine Group to create a large language model (LLM) service based on the Thai language. Heads of the two companies held a meeting at KT’s headquarters in central Seoul on Thursday [...]

Samsung SDI Invests $1.97 Billion in Second U.S. Battery Plant in Partnership with Stellantis

SEOUL, Sept. 27 (Korea Bizwire) – Samsung SDI Co. will spend US$1.97 billion on its second battery manufacturing facility it is building in the United States jointly with Stellantis N.V., the South Korean battery maker said in a filing Wednesday. The disclosure came about two months after their U.S. venture, StarPlus Energy, announced a plan [...]

Hyundai E&C Forms Partnership Agreement with Energy IT Startup

SEOUL, Sept. 11 (Korea Bizwire) –Hyundai Engineering & Construction Co. (Hyundai E&C) said Monday it has signed a partnership deal with a local energy IT startup via an equity investment in an effort to break into the power brokerage business. Hyundai E&C, South Korea’s No. 2 builder, didn’t disclose the amount of its investment in [...]