-
Misleading QLED claims land Chinese TV-makers in legal trouble
Hisense, TCL accused of deceptive marketing in US, as they challenge market leader Samsung Chinese TV-makers are facing legal challenges in the US for misleading consumers by claiming that their QLED screens incorporate highly advanced quantum-dot technology for better image quality when they do not. Industry experts warn that these "deceptive" attempts by Chinese companies to outpace their Korean rivals who lead the premium QLED TV market are only undermining their own positions in the high-end
March 6, 2025 -
LG Uplus accelerates global expansion with Google
At the Mobile World Congress 2025, LG Uplus announced a strategic partnership with Google to integrate the tech giant’s artificial intelligence model, Gemini, into LG Uplus’ AI agent, ixi O. The collaboration aims to enhance the AI assistant’s capabilities and drive global expansion. “Google approached LG Uplus with a proposal to merge Gemini with ixi O for international market expansion,” LG Uplus CEO Hong Bum-shik said in a press conference in Barcelona, Spain, Tuesday. “Our shared objective i
March 6, 2025 -
Trump bemoans Korean tariffs, calls for repeal of CHIPS Act
• Korea stresses ‘effectively 0% tariff’ on US goods under FTA • Trump lures Korean investments into Alaska LNG project US President Donald Trump said that South Korea’s tariffs are on average four times higher than those of the US, despite American military support, indicating reciprocal tariffs could take effect from April 2 as he made the case for his tariff policy. Delivering his remarks at his first address to a joint session of the US Congress on Tuesday, Trump also called for an end to th
March 5, 2025 -
SKT joins forces with Schneider Electric on AI data center
SK Telecom said Wednesday it has signed a partnership agreement with Schneider Electric, a French-based firm specializing in energy management and automation, to cooperate in the mechanical, electrical and plumbing (MEP) systems sector for artificial intelligence data centers. Under the agreement, the telecom carrier and the French firm will discuss the construction of hyperscale AI data centers at regional hubs in Korea and explore comprehensive collaboration across all business areas of the ME
March 5, 2025 -
KT to launch AX unit with Microsoft in March
KT Corp. Chief Executive Officer Kim Young-shub said the company is set to launch a new artificial intelligence collaboration unit with Microsoft this month as part of its strategic push into AI. Speaking at a press conference in Barcelona on Tuesday, Kim unveiled plans to establish an AI Transformation Delivery Center, solidifying KT's commitment to AI innovation alongside Microsoft. “The AX Delivery Center will be a talent hub comprising over 300 experts from both companies,” the CEO said. “It
March 5, 2025 -
SK hynix's US revenue more than doubles on AI chip boom
SK hynix Inc. saw its US revenue more than double in 2024, accounting for nearly half of its total annual sales, fueled by strong demand for its cutting-edge high bandwidth memory chips. In a regulatory filing on Tuesday, the world’s second-largest memory chip maker reported that SK hynix America generated sales of 33.19 trillion won ($22.7 billion) in 2024, marking a 2.6-fold increase from the previous year. These sales accounted for about half of SK hynix’s total annual revenue of 66.19 trilli
March 4, 2025 -
LG chief visits India in search of new growth strategies
Koo Kwang-mo's trip comes as LG Electronics eyes India as key growth driver and prepares for IPO LG Group Chairman Koo Kwang-mo recently visited India as part of the group's crown jewel, LG Electronics' efforts to explore future growth strategies and expand market presence in the region. His trip came as LG Electronics prepares for the IPO of its Indian unit this year, valued at approximately $15 billion, in a bid to tap into the bustling Indian capital market. According to LG Group on Tuesday,
March 4, 2025 -
KT fuses AI with sports, K-pop at MWC 2025
KT Corp. announced Monday that it is introducing an AI-driven K-culture experience zone at this year's Mobile World Congress trade show for mobile communications in Barcelona, Spain. Aimed at showcasing AI's role in everyday life, the zone, called "K-Stadium," features a futuristic sports arena and a K-pop dance challenge zone. K-Stadium is designed to enhance fan engagement using AI. One of its key features is an AI-powered real-time subtitle translation system, which provides multilingual subt
March 3, 2025 -
SK Telecom unveils plan for Korea’s largest AI data center at MWC 2025
On the eve of Mobile World Congress 2025, SK Telecom CEO Ryu Young-sang unveiled an ambitious plan to build a hyperscale artificial intelligence data center in collaboration with global big tech firms. Speaking at a press conference in Barcelona on Sunday, Ryu said that the facility will house 60,000 graphics processing units with a power consumption capacity of 100 megawatts, aiming to become key infrastructure for the company’s AI strategy. SK Telecom envisions expanding the facility’s scale t
March 3, 2025 -
Korea, US to establish tariff consultation channel
South Korean Industry Minister Ahn Duk-geun and US Commerce Secretary Howard Lutnick agreed to establish a working-level consultation channel to address US tariff measures during their first industry ministerial meeting in Washington, Thursday (local time). Ahn traveled to the US for the first ministerial-level meeting between Seoul and Washington since US President Donald Trump's return to the White House on Jan. 20 During the meeting, Ahn requested the US to exclude Korea from US tariffs and d
Feb. 28, 2025 -
Galaxy S25 series becomes fastest-selling model, hits 1m units in 21 days
Samsung Electronics’ Galaxy S25 series became the fastest selling Galaxy models, surpassing 1 million units in domestic sales within just 21 days of launch, the smartphone maker said Friday. Launched on Feb. 7, the Galaxy S25 series achieved the record 7 days faster than its predecessor, the Galaxy S24 series, and four days earlier than the previous record-holder, the Galaxy Note 10 in 2019. A Samsung survey found that the Galaxy S25’s performance, including the latest processor and memory, was
Feb. 28, 2025 -
Industry minister seeks ‘win-win’ deal in Washington amid Trump tariff threats
Seoul weighs US energy imports as leverage in trade talks South Korean Industry Minister Ahn Duk-geun vowed to engage in "constructive" discussions with US officials and devise "win-win" trade strategies as he left for Washington on Wednesday. Ahn was heading to the US for the first ministerial-level meeting between Seoul and Washington since President Donald Trump's return to the White House on Jan. 20. “I believe we will be able to resolve various misunderstandings regarding trade and tariffs
Feb. 27, 2025 -
AI chats feel 'emotionally meaningful,' say about 40% of young South Koreans in survey
Generative AI chat services — seen primarily as study or work tools — may serve as emotional companions and even informal “counselors” for many young people in South Korea. A new survey by local market research firm Embrain, conducted from Feb. 7-12 with a sample of 1,000 Koreans aged 13 to 59, showed that about 40 percent of respondents in their teens and 20s believe they can have meaningful emotional exchanges with generative AI. Specifically, 38 percent of teenagers and 42 percent of people i
Feb. 26, 2025 -
Zyx Technology shares 2025 growth vision with partners
Zyx Technology announced Wednesday that it hosted the 2025 ZyxCAD Partner Kickoff at the Grand InterContinental Seoul Parnas in Seoul. Co-hosted with TiraYutec, ZyxCAD’s official distributor, the event gathered key domestic partners to discuss business strategies and strengthen cooperation. TiraYutec CEO Kim Jeong-ha opened the event, emphasizing the vital role of partners in expanding ZyxCAD’s market presence. Zyx Technology Co-CEO Um Shin-jo expressed gratitude, stating, “Thanks to our valued
Feb. 26, 2025 -
Samsung, Hyundai team up to use private 5G network in car manufacturing
Samsung Electronics Co. said Wednesday it has joined hands with Hyundai Motor Co. to integrate its fifth-generation private network solutions with the carmaker's advanced vehicle manufacturing facilities. The two companies recently completed the end-to-end Reduced Capability trial over a private 5G network and will showcase the technology during the upcoming Mobile World Congress 2025 in Spain, according to Samsung Electronics. A private 5G network is a dedicated communication system, in which a
Feb. 26, 2025