[CES 2024] SK hynix seeks memory chip leadership in AI era

LAS VEGAS -- SK hynix, the world's second-largest memory chip maker, on Monday unveiled its ambitious goal of hitting 200 trillion won ($150 billion) in market cap in the next three years, consolidating its leadership in the burgeoning era of artificial intelligence. “Currently, our market cap stands at about 100 trillion won. In the next three years, we aim to reach 200 trillion won,” SK hynix CEO Kwak Noh-jung said during the company’s first-ever press conference held at

Jan. 9, 2024

Samsung champions on-device AI for future technological leadership

Samsung Electronics Co. said Monday it will focus on utilizing on-device artificial intelligence as a key driver to sustain its leadership position in the highly competitive smartphone and consumer electronics markets. In a press conference on the eve of the official opening of this year's annual CES in Las Vegas, the South Korean tech giant envisioned that AI will revolutionize user experiences, making devices more intuitive and convenient than ever before. "With the emergence of AI,

Jan. 9, 2024

LG Electronics eyes record sales of W84tr in 2023

LG Electronics is expected to record its highest revenue ever of 84 trillion won ($64 billion) in 2023, backed by solid performance in its core businesses, including automotive products, and effective management, the company's preliminary earnings showed on Monday. Despite challenges posed by delayed demand recovery from the economic slowdown and heightened market competition, LG Electronics marked its third consecutive year of achieving the highest annual revenue, the tech giant said. The

Jan. 8, 2024

[CES 2024] SK to showcase net-zero, AI tech at CES

LAS VEGAS -- Two days ahead of the kick-off of CES 2024 in Las Vegas, SK Group said it is ready to draw much attention from global partners and attendees at the annual tech show by showcasing its up-to-date technologies in carbon reduction and artificial intelligence this year. In a press conference held with a group of Korean reporters on Sunday (local time), SK USA Vice President Kim Dong-hyun showed confidence in the group’s capabilities to present its key tech affiliates’ solut

Jan. 8, 2024

[Photo News] Era of AI screen

Samsung Electronics Executive President Yong Seok-woo, in charge of the display division, delivers a speech about the company's vision to open the "era of artificial intelligence screen," at the Samsung First Look event held on the sidelines of CES in Las Vegas on Sunday. At the event, the tech giant unveiled its third-generation AI processor, named NQ8 AI, which will support TVs to become the connector and controller of home appliances, as well as the Neo QLED 8K TV featuring the

Jan. 8, 2024

[Photo News] Wireless, transparent

LG Signature OLED T, the world's first wireless and transparent OLED TV, is displayed at the tech giant's exhibition booth for CES 2024, the world's largest tech show that kicks off in Las Vegas on Tuesday. The 77-inch TV, equipped with the Alpha 11 processor, has upgraded graphics and app processing speed. When turned off, the transparent screen offers openness to the space as well, the company said. (LG Electronics)

Jan. 8, 2024

[CES 2024] Merck to unveil vision for 'material intelligence' at CES

Merck, a German-based science and technology company, will present its contributions to advancing the electronics industry through "material intelligence" at CES 2024, the company said Monday. “We are pushing the boundaries of science and technology to make future trends possible. Together with our customers, we enable artificial intelligence,” said Kai Beckmann, a member of Merck's executive board and CEO of the electronics division. “Our customers use our mater

Jan. 8, 2024

Korean firms to flaunt tech supremacy at CES

South Korean tech companies are gearing up to showcase their latest cutting-edge products and innovations at the upcoming CES 2024, the world’s largest tech trade show that opens Tuesday in Las Vegas. After years of pandemic disruptions, this year’s CES is expected to attract over 130,000 visitors, making it second largest after a record 180,000 visitors in 2020, according to the event organizer, Consumer Technology Association. Under the theme of “All On,” the upcoming C

Jan. 7, 2024

삼성디스플레이, 미국서 ‘IRONFLEX’ 상표출원...'더 강한' 폴더블폰 나오나?

[코리아헤럴드=조혜림 기자] 삼성디스플레이가 차세대 폴더블 디스플레이 브랜드 'IRONFLEX(아이언플렉스)'를 최근 미국서 상표출원한 것으로 확인됐다. 폴더블 제품명에 주로 쓰던 'flex'에 강하고 견고함을 뜻하는 영어단어 'iron'을 합성한 것으로 화면 주름 등 내구성이 한층 개선된 제품으로 보인다. 7일 미국 특허청에 따르면 삼성디스플레이는 지난 3일 ‘IRONFLEX’의 상표등록출원서를 제출하고 심사를 기다리고 있다. 상표의 사용범위를 '폴더블 스마트폰,' '폴더블 모니터,' '폴더블 태블릿' 등으로 광범위하고 구체적으로 명시하고 있다. 취재결과 삼성디스플레이는 해당 상표를 미국뿐만 아니라 한국과 영국에서도 동시에 출원했다. 업계 관계자는 “디스플레이 시장에서 경쟁이 심화하면서 기업들이 빠르게 움직이고 있다”며 “

Jan. 7, 2024

Samsung to boost patent leadership with ‘Ironflex’ trademark for foldable displays

Samsung Display has recently registered the "Ironflex" trademark for its next foldable display technology, according to a filing with the US patent agency and industry sources, Sunday. The filing said that the Korean display maker submitted the filing to the US Patent and Trademark Office on Jan. 3 and was waiting for the agency’s review. Similar filings are also found to have been made in South Korea and the UK. The Ironflex trademark consists of standard characters without clai

Jan. 7, 2024

Nexon's Intelligence Labs aims to enhance user experience

South Korean game developer and publisher Nexon is steering the future of the gaming industry with Intelligence Labs, an in-house AI research and development team designated to exploring the optimal gaming experience for users. Launched in 2017, Intelligence Labs has used machine learning and deep learning to come up with more engaging and immersive games. A team of around 700 engineers is now zeroing in on generative artificial intelligence research to create original, personalized content for

Jan. 5, 2024

[NCSI] Samsung Fire & Marine, Samsung Securities, Samsung C&T, Lotte Global Logistics top NCSI customer satisfaction ratings in 2023

South Korea suffered a slight decline in customer satisfaction across industries last year, an annual survey by the Korea Productivity Center said Thursday, in reflection of a sluggish economy and people’s increased belt-tightening amid high-flying interest rates. The KPC’s National Customer Satisfaction Index for 2023 was 78.2 points, down 0.2 points from the previous year. It was the first time the figure fell since 2010. The KPC, an affiliated agency of the Ministry of Trade, Indu

Jan. 4, 2024

Samsung, Hyundai Motor to boost home-car connectivity

South Korea's top makers of chips and cars, Samsung Electronics and Hyundai Motor Group, are joining hands for heightened connectivity by integrating their smart home and connective car solutions, the companies said Thursday. In a signing ceremony on Wednesday, the two sides agreed to expand Samsung's SmartThings platform to support Hyundai Motor and Kia's connected cars, including electric vehicles. The goal of their partnership is to develop "Home-to-Car" and "C

Jan. 4, 2024

LG, West Virginia to collaborate on tech ventures

LG Electronics’ North American Innovation Center, also known as LG Nova, has forged a strategic partnership with the US state of West Virginia to advance technologies for renewable energy, health care and other future industries, the Korean tech giant said Thursday. The two entities agreed to form an impact fund dubbed the Nova West Virginia Investment Fund to channel $700 million in project investment into the state over the next five years and grow related businesses. The businesses deve

Jan. 4, 2024

[Photo News] Virtual flight attendant

Netmarble's Metaverse Entertainment and Korean Air said Thursday that they have collaborated to create a virtual-reality in-flight safety video, debuting this week. The video features a virtual environment called the Korean Air Safety Lounge and Lina, a digital avatar styled as a flight attendant. Utilizing visual effects and 3D technologies, including motion graphics and 3D sculptures, the video aims to convey safety information intuitively while enhancing Korean Air's brand image g

Jan. 4, 2024

Beyond messaging: Line focuses on users' peace of mind

Global service Line has become one of the most popular messaging apps in Asia, with its presence soaring as an essential platform that enhances convenience in daily life. According to Line Plus, the global arm of Japan-based LY Corp., Line is considered a must-have app, especially in Southeast Asia, where it offers a host of special features from disaster alerts to mental care and fighting misinformation. The company launched Line Alert, an official account dedicated to disaster notifications, i

Jan. 3, 2024

[KH explains] How young are ‘young’ CEOs in Korea?

“Generational shift” has long been a buzz phrase in the year-end leadership reshuffle at Corporate Korea for years. 2023 was no exception. The nation’s conglomerates, especially the top four, have touted having promoted younger executives to breathe fresh air into somewhat rigid operations and prepare for the next growth drivers in the ever-evolving business environment. Many of the CEOs in their 60s stepped down to be replaced by those in their 50s, while managers in their 40s

Jan. 3, 2024

Samsung's AI-powered Galaxy S24 to debut this month

Samsung Electronics will unveil the Galaxy S24 series featuring the company’s latest artificial intelligence model in Silicon Valley -- the home turf of its archrival, Apple -- this month. Releasing the official invitation on Wednesday, the world’s largest smartphone maker said it will hold the Unpacked event for its flagship smartphone series in San Jose on Jan. 17. The company said it will be “opening a new era of mobile AI” with the latest smartphone series. “A

Jan. 3, 2024

SK chief vows management overhaul in 2024

SK Group Chairman Chey Tae-won vowed in his New Year's message Monday to review and reorganize the management system of the nation's second-largest conglomerate to better handle challenges in 2024. "A loose 'geomungo' (a six-string Korean zither) can only produce the right notes if the strings are untangled and re-tensioned,” Chey said in the message sent to all executives and staff of SK Group affiliates via email. "Let's all review and refine our manage

Jan. 1, 2024

[Photo News] Samsung AI vacuum cleaner

Samsung Electronics said Thursday it will unveil a new vacuum cleaner lineup with advanced artificial intelligence at the CES 2024 in January. The Bespoke Jet Bot Combo, a robot vacuum and mop cleaner, and Bespoke Jet AI will showcase enhanced AI features and steam cleaning to foster an easier cleaning experience for users, the company said. (Samsung Electronics)

Dec. 28, 2023