South Korea's leading mobile carrier SK Telecom said Wednesday it will open an artificial intelligence data center based on US tech giant Nvidia’s graphics processing units next month in Seoul, along with an AI data center testbed in Pangyo, Gyeonggi Province, in the same month. The announcement came as the company unveiled its AI revenue model identifying three key areas for rapid monetization upon its earnings release for the July-September period: data centers, business-to-business

SK Telecom Co., South Korea's leading mobile carrier, said Wednesday its third-quarter net profit decreased 9.1 percent from a year earlier due to an increase in non-operating costs. Net profit for the July-September period came to 280.2 billion won ($202.1 million), down 9.1 percent from a year ago, the company said in a regulatory filing. Its operating profit rose 7.1 percent on-year to 533.3 billion won, while sales increased 2.9 percent to 4.53 trillion won. The company said its net pro

MARINA BAY, Singapore, Nov. 6, 2024 /PRNewswire/ -- Drupal CMS, the groundbreaking package built on Drupal core with the marketer in mind, will launch on 15 January 2025. Conference attendees at DrupalCon Singapore 2024 will have the exclusive opportunity to be the first to learn more about Drupal CMS directly from Drupal's founder, Dries Buytaert. Learn how Drupal CMS will enable site builders without any Drupal experience to easily create a new site using their browser, marking one

South Korean stocks kicked off higher Wednesday tracking an overnight tech rally on Wall Street. The benchmark Korea Composite Stock Price Index rose 9.64 points, or 0.37 percent, to 2,586.52 in the first 15 minutes of trading. Overnight, major US indexes gained ground as a report on the services industries shows that the US economy is still strong. The Dow Jones Industrial Average advanced 1.02 percent, the tech-heavy Nasdaq Composite increased 1.43 percent, and the S&P 500 went up 1.23 per

Ukrainian President Volodymyr Zelenskyy has confirmed the Ukrainian military's first combat engagement with North Korean troops, saying it opened a new chapter of instability in the world. Zelenskyy, in a video address posted on the Ukrainian president's official website Tuesday, said, "The first battles with North Korean soldiers open a new page of instability in the world." "I want to thank everyone in the world who reacted to the deployment of North Korean soldiers in

LENZING, Austria, Nov. 6, 2024 /PRNewswire/ -- Lenzing Nonwovens, a leading supplier of regenerated cellulose fibers, is proud to announce the expansion of its LENZING™ Lyocell Dry fiber portfolio with two new cellulosic fibers – a fine dry fiber that delivers strength and softness and a coarse dry fiber which provides enhanced liquid and air flow. These two innovative products enable customers to confidently broaden their use of LENZING™'s wood-based[1] and biodegradable[2] fibers into a wider

- Presentation of beautiful images and the value of Korean national heritages using digital technology. - exhibition to be held at ARTE MUSEUM, Gangneung and Las Vegas. SEOUL, South Korea, Nov. 5, 2024 /PRNewswire/ -- The Korea Heritage Service (Administrator Choi Eung-cheon) and the Korea Heritage Agency (President Choi Young-chang) are set to present a Korean national heritage media art exhibition titled <The Heritage Garden – Threads of Connection> at the Arte Museum in Gangneung Ga

MANAMA, Bahrain, Nov. 5, 2024 /PRNewswire/ -- A total of 32 landmark announcements and deals over USD 12 billion were announced at the second edition of Gateway Gulf 2024, which ran between 3 – 4 November. Organised by Bahrain Economic Development Board (Bahrain EDB), the forum was attended by 250 ministers and business leaders from around the world and highlighted significant trade and investment opportunities in Bahrain and the wider Gulf, as the region's economies increasingly drive grow

Strategic channel program to accelerate API adoption and drive digital impact NEW DELHI, Nov. 5, 2024 /PRNewswire/ -- Comviva, the global leader in customer experience and data monetization solutions, today announced its official recognition as a GSMA Open Gateway Channel Partner, paving the way for next-generation digital services. This achievement positions Comviva among a select group of companies at the forefront of the global movement to champion Open Gateway standards.  The

The Seoul Independent Film Festival, South Korea’s only competitive independent film festival -- now in its 50th year -- is taking place Nov. 28 to Dec. 6. According to the organizers, the festival this year saw the highest number of films submitted since its establishment in 1975 -- a total of 1,704 feature and short indie films. “We think creators who want to focus on works that contain their voices have returned to the indie scene,” said Festival Director Kim Dong-hyun durin

South Korean stocks ended lower for the second day Tuesday as investors treaded water ahead of the US presidential election. The local currency sharply lost ground against the US dollar. The benchmark Korea Composite Stock Price Index fell 12.09 points, or 0.47 percent, to close at 2,576.88. Trade volume was slim at 306.1 million shares worth 7.6 trillion won ($5.5 billion), with winners outpacing losers 514 to 356. Individual investors purchased a net 388.9 billion won worth of local stocks, wh

StarHub, KINX Inc. (Korea Internet Neutral eXchange), and ARTERIA Networks extend service reach to global audiences via ServiceFabric™, Digital Realty's service orchestration platform SINGAPORE, Nov. 5, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, today announced the continued momentum in Asia Pacific of ServiceFabric™, its service orchestration platform that seamlessly i

MANAMA, Bahrain -- South Korea’s cooperation with the Gulf region, including Bahrain, is set to strengthen as the free trade agreement involving the two countries will take effect soon, according to a top Bahraini governmental official. "Last year, we had a trip with a big delegation to Korea. We met with many of the leading companies there,” Bahrain’s Minister of Industry & Commerce Abdulla bin Adel Fakhro told The Korea Herald during an interview held in Manama, Bahr

MANAMA, Bahrain – Strengthening its partnership with Bahrain would open a door of opportunities in the Middle East for South Korea, an investment forum held by the Gulf island nation's economic board suggested. Bahrain hosted the second edition of Gateway Gulf on Sunday and Monday. This year’s Gateway Gulf was held six years after the inaugural edition in 2018. Arranged by the Bahrain Economic Development Board, it was held under the theme of “Investing in a Rapidly Transf

International travelers can now pay like locals at more than 35 million merchants across Asia Pacific SINGAPORE, Nov. 5, 2024 /PRNewswire/ -- Ahead of the Singapore FinTech Festival, Mastercard today introduced Mastercard Pay Local, a global service that makes it easy for consumers to make card payments to merchants using local digital wallets. With Mastercard Pay Local, resident cardholders or international travelers can easily link their credit or debit cards to a digital wallet and immedi