SK pivots from scale to efficiency in global AI race

Amid surging global demand for artificial intelligence, SK Group Chair Chey Tae-won said the tech-to-energy giant will provide the “most efficient AI solutions” through deeper partnerships with tech giants like OpenAI, Nvidia and Amazon Web Services. Chey said pursuing efficiency is the key to addressing what he described as the “mismatch” between surging AI demand and the limited supply of chips, energy and AI infrastructure — a bottleneck that is constraining industry growth. “It’s time for AI

Nov. 3, 2025

Toss expands multilingual support to better serve foreign users

Viva Republica, operator of Korea’s leading mobile finance platform Toss, said Monday it has expanded the app’s multilingual services to better serve foreign residents. In addition to English, Toss now supports Chinese, Russian, Thai and Vietnamese. The number of foreign users on the platform reached 460,000 in the first half of this year, driven by improvements in user authentication systems addressing differences in name formats across countries. The company said its efforts to enable foreigne

Nov. 3, 2025

Korea secures 260,000 Nvidia GPUs for AI push

GYEONGJU, North Gyeongsang Province — US chip giant Nvidia will supply 260,000 of its cutting-edge GPUs to the South Korea government and leading conglomerates — Samsung Electronics, SK Group, Hyundai Motor Group and Naver — in one of the largest AI infrastructure rollouts outside the US. The announcement came Friday during a meeting between President Lee Jae Myung and Nvidia CEO Jensen Huang on the sidelines of the APEC summit in Gyeongju, North Gyeongsang Province. Also present were Samsung El

Oct. 31, 2025

Samsung Electronics sets new sales record in Q3 on chip boom

Samsung Electronics reported robust third-quarter earnings on Thursday, with operating profit rising to 12.17 trillion won ($8.57 billion), a 32.5 percent increase from a year earlier. Quarterly sales reached a record high of 86.62 trillion won, reflecting 8.8 percent on-year growth. Net profit for the July-September period amounted to 12.22 trillion won, marking a 21 percent increase compared to the same period last year. The result exceeded market expectations, with FnGuide's consensus forecas

Oct. 30, 2025

SK hynix logs record profit in Q3 on AI chip boom

SK hynix Inc. said Wednesday its third-quarter operating profit surpassed 10 trillion won ($6.97 billion) on the back of its robust performance in the high bandwidth memory segment, considered a key component for artificial intelligence infrastructure. Operating profit came to 11.38 trillion won during the July-September period, compared with 7.02 trillion won tallied a year earlier, according to the company's regulatory filing. It marked the first time for the South Korean chipmaker to post a q

Oct. 29, 2025

Korea’s first homegrown air dome wows visitors at APEC

GYEONGJU, North Gyeongsang Province — Inside the green expanse of Gyeongju Expo Grand Park, a futuristic air dome buzzed with energy as Korea’s top companies unveiled their latest technologies at the K-Tech Showcase during the APEC CEO Summit on Tuesday. Built by local firm Field One, the massive air-supported pavilion stood as the centerpiece of the venue, blending tradition with innovation. Its white, balloon-like walls were adorned with dancheong-inspired colors and patterns — the traditional

Oct. 28, 2025

Talk to ChatGPT without closing KakaoTalk

Kakao on Tuesday rolled out ChatGPT for Kakao, a new feature that embeds OpenAI’s powerful chatbot directly into KakaoTalk, the company’s flagship messaging app. The launch marks the first tangible result of Kakao’s strategic partnership with the US-based artificial intelligence firm, announced in February. The integration enables users to access the latest version of ChatGPT without installing a separate app. By tapping the newly added "ChatGPT" icon at the top of the chat tab, users can initia

Oct. 28, 2025

SK hynix unveils next-gen NAND storage strategy at OCP 2025

South Korean memory chip maker SK hynix announced Monday that it has unveiled its next-generation NAND storage product strategy at the 2025 Open Compute Project Global Summit in the US, amid growing demand for large-volume data processing in the AI inference market. At the forum held in San Jose, California, from Oct. 13-16, the chipmaker introduced the "AIN (AI-NAND) Family" lineup of solution products to fulfill customer needs, optimized for AI processing. "Through OCP Global Summit and HBF Ni

Oct. 27, 2025

Samsung foundry rebounds with big orders from Tesla, Apple, Nintendo

Samsung Electronics’ foundry business — once rumored for a potential spinoff amid a prolonged customer drought — is staging a strong comeback, securing major chip orders from global tech giants. In addition to a previous contract manufacturing deal with Tesla to produce the next-generation AI6 chip, Samsung has won orders for the electric vehicle maker’s AI5 chip, set for mass production in 2026. During Tesla’s third-quarter earnings call on Wednesday, Tesla CEO Elon Musk revealed that the forth

Oct. 24, 2025

LG Uplus reports possible breach, third major telecom hit this year

LG Uplus has reported suspected signs of a server breach to the Korea Internet & Security Agency, becoming the third of Korea’s top three telecom carriers — after SK Telecom and KT — to suffer a cyber intrusion in recent months According to industry sources on Thursday, LG Uplus’ decision to report the breach comes roughly three months after KISA relayed a tipoff to the company from an ethical hacker. The whistleblower claimed that the company's APPM server -- a critical system used to manage in

Oct. 23, 2025

[Gadget Review] Samsung’s Galaxy XR blurs line between real, virtual worlds

Samsung Electronics on Wednesday took the wraps off its long-anticipated extended reality headset, Galaxy XR, signaling the tech giant’s ambitious leap into a new frontier where hardware, software and artificial intelligence converge. Developed under the codename Project Moohan, meaning “infinite” in Korean, the name captures the essence of what the Galaxy XR aims to offer: a boundless space where users can move between the real and virtual worlds. Through its pass-through mode, the headset allo

Oct. 23, 2025

New cybersecurity rules tighten grip on businesses

The Korean government on Wednesday unveiled a sweeping set of cybersecurity measures aimed at preventing hacking and data leaks, following a string of major breaches at telecommunications and financial firms. Though the plan underscores national urgency, it is already drawing concern from industry officials who say it shifts too much responsibility — and risk — onto the private sector. Led by the National Security Office, the initiative brings together key ministries, including the Ministry of S

Oct. 22, 2025

Samsung, Google, Qualcomm join forces to take on Apple in XR race

Samsung Electronics on Wednesday unveiled Project Moohan, its long-awaited extended reality headset, marking its bold entry into the high-stakes immersive technology race dominated by Apple’s Vision Pro. Developed in partnership with Google and Qualcomm, the device — officially branded as the Galaxy XR — represents a powerful alliance between three tech giants, combining Samsung’s hardware expertise, Google’s Android XR platform and Qualcomm’s Snapdragon XR2+ Gen 2 processor. The launch signals

Oct. 22, 2025

Kakao founder acquitted of stock manipulation, lifting major legal cloud

A South Korean court on Tuesday acquitted Kakao founder Kim Beom-su of stock manipulation charges related to the firm’s acquisition of K-pop powerhouse SM Entertainment in 2023, removing a major legal cloud hanging over the messenger giant and allowing it to refocus on its AI business. The Seoul Southern District Court ruled that Kim was not guilty of violating the Capital Markets Act. Kakao’s former Chief Investment Officer Bae Jae-hyun and the companies Kakao and Kakao Entertainment were also

Oct. 21, 2025

LG Electronics CEO wins top industrial honor

LG Electronics CEO Cho Joo-wan received the Gold Tower Order of Industrial Service Merit, South Korea's highest state industrial award, in recognition of his contributions to advancing the country's electronics industry and enhancing its global competitiveness, the company said Tuesday. Cho was honored Monday at the 20th Electronics and IT Day ceremony at Coex in Seoul, hosted by the Ministry of Trade, Industry and Energy and organized by the Korea Electronics Association. A veteran executive wh

Oct. 21, 2025