SK Telecom systems breached in cyberattack

SK Telecom, the country’s largest telecommunication firm, confirmed Tuesday that its internal systems had been breached by a hacking attack, indicating a possible data leak involving USIM cards. The company said it had reported the case to the Korea Internet & Security Agency, adding that there have been no confirmed cases of the leaked information being misused. The mobile carrier detected suspicious activity around 11 p.m. on Saturday, indicating that hackers had infiltrated its internal syste

April 22, 2025

Korea, Thailand resume EPA talks to boost trade ties

South Korea and Thailand are holding their fifth round of negotiations this week to finalize the Economic Partnership Agreement aimed at deepening bilateral trade and investment ties, Seoul's Trade Ministry said Tuesday. Korea's Ministry of Trade, Industry and Energy said the talks will take place from Tuesday to Friday in Bangkok. The EPA is a form of trade pact similar to a free trade agreement, but it goes further by incorporating a broader cooperation framework in addition to tariff reductio

April 22, 2025

LG Electronics receives top supplier award from Toyota

LG Electronics announced Tuesday that it has been recognized by Toyota Motor for its innovation and reliable supply of high-quality automotive electronic components, strengthening its position in one of the company’s future core businesses. The company recently received the 2024 Excellent Value Improvement Award from Toyota Motor North America. The award acknowledges LG’s contribution to enhancing the competitiveness of Toyota’s North American supply chain by improving production efficiency and

April 22, 2025

LG to exit EV charger business amid weak demand, price pressure

LG Electronics said Tuesday it will exit the electric vehicle charger business, three years after entering the market, due to prolonged stagnation in demand and intensifying price competition. The decision is part of a strategic realignment aimed at strengthening the company’s focus on its heating, ventilation and air conditioning business, a key growth driver under its eco solutions division. "Due to structural shifts in the business environment, including a protracted demand slowdown — referre

April 22, 2025

LG CNS highlights how mathematical optimization solves business challenges

LG CNS, the IT solutions arm of LG Group, said Monday it had held a forum to highlight how mathematical optimization can tackle complex business challenges, inviting clients from industries including manufacturing, telecommunications, shipbuilding, logistics and chemicals. The inaugural AX Optimization Forum was held Friday at the Conrad Seoul in Yeouido, showcasing innovation cases based on mathematical optimization and exploring related technical trends. The company said the forum was the firs

April 21, 2025

[Photo News] Coral in focus

Samsung Electronics said Monday that its marine ecosystem restoration project, Coral in Focus, has helped cultivate a total of 110,046 corals across key locations, including Florida, Bali and Viti Levu, over the past year. As part of the initiative, the tech giant developed Ocean Mode for its flagship Galaxy smartphone, a specialized camera feature optimized for underwater photography. Since last year, the company has partnered with the Scripps Institution of Oceanography at the University of Ca

April 21, 2025

Korea scores 1st nuclear research reactor project from US

A Korea-led consortium has signed a contract to work on a research reactor project in the United States, marking the country’s first-ever export of reactor technology to the US. According to the Ministry of Science and ICT on Thursday, the consortium comprising the Korea Atomic Energy Research Institute, Hyundai Engineering and American engineering company MPR Associates will work with the University of Missouri on the initial design phase of a project to build a new research reactor — the Next

April 17, 2025

Apple Intelligence review: Smooth start for Korean support, with room to grow

US tech giant Apple’s new artificial intelligence service, Apple Intelligence, has officially launched Korean-language support this month, marking a significant step in localizing its smart features for Korean users. After a week of hands-on testing with the iPhone 16, The Korea Herald found the service to be convenient and surprisingly proficient in Korean. While the English version of Apple Intelligence has been available on the iPhone 16 series since October last year, the rollout of non-Engl

April 17, 2025

KT pushes for full-scale AI integration in media value chain

South Korean telecommunication giant KT announced Wednesday its plan to ramp up its artificial intelligence strategy in the media sector, including introducing a new AI agent for its internet TV platform Genie TV an AI-powered content studio. With the goal of positioning its media business as one of its three core growth pillars, the company said it will invest 500 billion won ($370 million) by 2026. “With global OTT giants rapidly dominating the content supply chain, there is growing concern th

April 16, 2025

Samsung Electro-Mechanics clinches MLCC supply deal with China’s BYD

Samsung Electro-Mechanics, the electronic components arm of Samsung Electronics, has secured a major supply deal with Chinese electric vehicle giant BYD for its multilayer ceramic capacitors, industry sources said Wednesday. The South Korean firm has already begun shipments of MLCCs, worth hundreds of billions of won, to several Chinese firms, including the world’s largest EV maker, BYD. MLCCs are essential components in electric devices, which store and manage the electricity, ensuring semicond

April 16, 2025

Upstage sets sights on global enterprise AI market

South Korean artificial intelligence startup Upstage unveiled Wednesday ambitious plans to expand into the global enterprise AI market, primarily focusing on the US and Japan. “Upstage AI is about shaping a better future of work,” said CEO Kim Sung-hoon during a press briefing in Seoul. “We aim to bring the proven AI work standards established in Korea to the global stage and deliver measurable business outcomes through AI.” The AI company recently made headlines by partnering with domestic tele

April 16, 2025

Experts call for deeper Korea-US ties in AI, semiconductors amid trade tensions

As global economic uncertainty deepens, fueled by US President Donald Trump’s sweeping tariff policies, experts and business officials from South Korea and the US called for expanded cooperation in artificial intelligence and semiconductors. At the Korea-US Industrial Cooperation Conference, co-hosted by the Korea Chamber of Commerce and Industry and the Korea-America Association in Seoul on Tuesday, industry officials underscored the importance of deeper partnerships in key sectors, including A

April 15, 2025

LG CNS, Google Cloud join hands to expand AI solutions to Asia, Americas

LG CNS and Google Cloud are teaming up to expand cloud-based artificial intelligence transformation services across Asia and the Pacific as well as the Americas, the South Korean IT solutions provider said Tuesday. LG CNS CEO Hyun Shin-gyoon recently met with Google Cloud CEO Thomas Kurian and Karan Bajwa, the managing director of Google Cloud Asia-Pacific at Google Cloud Next 2025 in Las Vegas to reinforce strategic cooperation between the two companies, the company said. Under the partnership,

April 15, 2025

Zyx Technology honors winners of first CAD design competition

The awards ceremony for the 1st ZyxCAD Design Competition was held on March 21 at the Grand InterContinental Seoul Parnas Hotel. Held under the theme of "Designing Tradition," the competition was co-hosted by Korean AI-based design platform Zyx Technology and its official distributor Thirautech. It invited university students to creatively reinterpret Korea’s cultural heritage using ZyxCAD, a domestically developed computer-aided design (CAD) software package. From a pool of nationwide submissio

April 15, 2025

Korea says copper tariffs risk jobs, investments in US battery sector

South Korea has urged the US to refrain from imposing tariffs on Korean copper products, raising concerns that such measures could undermine Korean companies’ investments in the US. According to the US Federal Register on Sunday, Korea’s Ministry of Trade, Industry and Energy submitted a formal opinion to the US Department of Commerce on April 1, emphasizing that Korean copper imports pose no threat to US national security. In its submission, the ministry highlighted that Korean copper accounts

April 14, 2025