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BUSINESS

BUSINESS

An embattled SM Entertainment delivers ‘SM 3.0’

SM Entertainment says that removing founder Lee Soo-man from the production process will increase revenue by 134 percent by 2025. The K-pop agency, which is...
BUSINESS

Lee Sung-su to not run for CEO in SM Entertainment shareholders meeting

SM Entertainment co-CEO Lee Sung-su will not be running as CEO of the company again in the upcoming shareholders meeting, he said on Friday...
BUSINESS

Galaxy S23 has more recycled material than S22: Samsung

The Samsung Electronics Galaxy S23 has more recycled components than any of its predecessors, according to the smartphone maker. It is the first time that...
BUSINESS

As AI war rages, Korea seeks a place among giants

Google CEO Sundar Pichai Amid the accelerated rivalry for artificial intelligence (AI) leadership between Microsoft and Google, Korea's tech companies are eyeing...
BUSINESS

ChatGPT raises many questions related to ethics and IP

ChatGPT, an advanced chatbot system developed by OpenAI, could create risks, ranging from those related to intellectual property to those related to ethics. One of...
BUSINESS

Korean companies offer money, donations to earthquake-hit Turkey, Syria

Korean companies are sending donations and equipment to Turkey and Syria as part of emergency relief efforts following a massive earthquake that resulted in...
BUSINESS

Samsung, Qualcomm, Google vs. Apple in XR headsets

Samsung Electronics will work with two major U.S. tech companies to develop digital headsets as Apple moves ahead quickly and is promising its own...
BUSINESS

Is ChatGPT the new future?

ChatGPT, an artificial intelligence (AI) chatbot created by OpenAI, is the talk of the town. It surpassed 100 million users in about two months...
BUSINESS

Naver to launch competitor to ChatGPT

Naver will launch its own version of ChatGPT in the Korean market in the first half of this year to respond to the widely...
BUSINESS

Hyundai Motor, Kia sales in U.S. rise 15 percent on year in January

Hyundai Motor and its affiliate Kia said Thursday their combined sales in the United States rose 15 percent in January from a year earlier...
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