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Asia

The Korea Times

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Tech

Tue, March 28, 2023 | 07:28

[ANALYSIS] Tesla, BYD's price cuts unnerve LGES, Samsung, SK

ANALYSISTesla, BYD's price cuts unnerve LGES, Samsung, SK

The global electric vehicle (EV) market has enjoyed robust growth despite continued supply chain challenges. Supply disruptions during peak periods of the COVID-19 pandemic and Russia's invasion of Ukraine had a short-term effect on the industry because EV sales rebounded from the second half of 2022.

Kim Yoo-chul | 2023-03-27 06:18

Samsung chief inspects production plants in China for first time in 3 years

Samsung chief inspects production plants in China for first time in 3 years

Lee Jae-yong, chairman of Samsung Electronics, visited China for the first time in three years to inspect Samsung Electro-Mechanics' multi-layer ceramic capacitor (MLCC) plant at a time when demand for the key component of electric vehicles (EV) is increasing, the company said Sunday. His visit drew particular attention as it came amid the U.S. government's intensifying effor...

Baek Byung-yeul | 2023-03-26 17:12

Workday aims to assist hums with AI, machine learning, not replace it

Workday aims to assist hums with AI, machine learning, not replace it

Workday aims to augment human intelligence with artificial intelligence (AI) and machine learning (ML), instead of replacing people, as the U.S.-based human resources and finance management software maker thinks the emerging technologies need to be human-centric and trustworthy, the chief technology officer of the company's Asia Pacific and Japan region said, Thursday.

Baek Byung-yeul | 2023-03-23 16:54

Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

All eyes are on the heads of Samsung and SK and how they will overhaul their semiconductor businesses in China, during their highly probable trips to the country later this month. This comes amid the U.S. government's intensifying efforts to restrain the growth of the Chinese chip industry.

Park Jae-hyuk | 2023-03-23 15:40

Samsung Electronics chief to attend China Development Forum

Parliamentary committee passes bill on expanding tax incentives for chipmakers

Parliamentary committee passes bill on expanding tax incentives for chipmakers

The parliamentary strategy and finance committee Wednesday passed a bill aimed at supporting the semiconductor industry by giving bigger tax incentives to chipmakers.

2023-03-22 14:33

Chips Act incentives limit expansion of semiconductor manufacturing capacity in China by 5%

Chips Act incentives limit expansion of semiconductor manufacturing capacity in China by 5%

The U.S. CHIPS and Science Act will limit to 5 percent the expansion of semiconductor manufacturing capacity in foreign countries of concern for companies that receive funds under the new act, the U.S. Department of Commerce has announced.

2023-03-22 09:40

Korea, Israel to jointly invest $10 mln in smart car tech development

Korea, Israel to jointly invest $10 mln in smart car tech development

South Korea and Israel agreed Tuesday to jointly invest $10 million in the development of key technologies for the smart mobility sector over the next three years, Seoul's industry ministry said.

2023-03-21 21:17

Kakao criticized for half-baked AI chatbot

Kakao criticized for half-baked AI chatbot

Kakao users expressed their disappointment with ddmm, Kakao's new artificial intelligence (AI)-based chatbot service, which became unavailable Monday, just a day after the launch of its beta service. Although the Korean IT firm promised to resume the service soon, incorrect answers given by the chatbot caused concerns that the company may lose its ground amid the intensifying...

Park Jae-hyuk | 2023-03-21 15:41

Samsung seeks to overcome downturn with energy-efficient home appliances

Samsung seeks to overcome downturn with energy-efficient home appliances

Samsung Electronics on Tuesday unveiled the lineup of its new range of energy efficient Bespoke home appliances, in a move to attract Korean consumers and satisfy strict environmental regulations in Europe and elsewhere. The tech giant said it will improve its profitability this year with upgraded products equipped with artificial intelligence (AI) technology.

Park Jae-hyuk | 2023-03-21 14:28

Auto exports hit record high in Feb. on high demand for eco-friendly cars

Auto exports hit record high in Feb. on high demand for eco-friendly cars

Korea's car exports jumped nearly 50 percent in February on-year to reach an all-time high on the back of solid demand for eco-friendly cars, data showed Monday.

2023-03-20 11:37

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Top 10 Stories

1	ANALYSISTesla, BYD's price cuts unnerve LGES, Samsung, SK

2	Yoo Ah-in appears before police over alleged use of illegal drugs

3	US aircraft carrier to visit Busan amid NK provocations

4	Families of foreign construction workers can receive retirement pay: court

5	Indonesian investment minister promotes EV cooperation with Korea

6	Nongshim plans to build plant in eastern US region

7	Korean crypto investors want Do Kwon punished in US

8	Gimpo-China flights recover to pre-pandemic levels

9	Right-wing Japanese support Seoul-Tokyo ties: Korean envoy to Japan

10	Local bank stocks hit by shockwaves from SVB, CS collapses

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