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Wednesday, September 18, 2024

BUSINESS

Samsung to extend on-device AI to KakaoTalk, other third-party apps

Samsung’s on-device AI, which offers live translation of multiple languages, will soon be available on third-party apps such as KakaoTalk. Some of the features provided...

Samsung’s Lee Jae-yong meets Verizon CEO to discuss new Galaxy models

Samsung Electronics Executive Chairman Lee Jae-yong met with Verizon CEO Hans Vestberg to discuss possible cooperation related to sales of the upcoming Galaxy smartphone...

Why Nvidia takes it all, Samsung trails behind in AI boom

Korea’s economic and business scenes unfold in such an intricate way that the headline numbers and official statements fall short of explaining what is...

Nvidia CEO shoots down Samsung’s HBM failure report

Nvidia CEO Jensen Huang said the verification process for Samsung Electronics’ high bandwidth memory (HBM) chips is “not done,” leaving room for the chips...

Naver Webtoon starts IPO process for Nasdaq

Naver Webtoon has started the administrative process to go public on the U.S. Nasdaq market. The webtoon platform, also known as Webtoon Entertainment in the...

Korea to build three nuclear plants and one SMR by 2038

Korea will build three nuclear power plants and one small modular reactor (SMR) by 2038, accelerating its deployment of nuclear power to meet rising...

SK chairman ordered to pay $1 billion in divorce settlement case

The Seoul High Court ruled on Thursday that SK Chairman Chey Tae-won must pay 1.38 trillion won ($1 billion) in property division and 2...

Largest union of Samsung Electronics to strike next Friday

Samsung Electronics’ largest union said Wednesday that it will start striking next week over demands for higher wages, with the first nationwide walkout since...

HYBE sells 3.2% stake in SM Entertainment for $50.2M

HYBE, the K-pop powerhouse behind BTS and NewJeans, offloaded a 3.2 percent stake in SM Entertainment via a block deal worth 68.4 billion won...

Explainer: How Korea notched the second-biggest GDP upgrade after the U.S.

Korea’s economic and business scenes unfold in such an intricate way that the headline numbers and official statements fall short of explaining what is...