[Photo News] Samsung chairman celebrates 55th birthday in Vietnam

Samsung Electronics Executive Chairman Lee Jae-yong celebrated his birthday Friday during his trip to Vietnam along with President Yoon Suk Yeol. Lee turned 55. In a dinner event hosted by Vietnamese President Vo Van Thoung at International Convention Center in Hanoi, Vietnam, Lee was greeted with a birthday cake and musical performance. Samsung Electronics runs plants for smartphones that sell in about 130 countries, as well as for home appliances. It also opened a research and development cent

June 24, 2023

Korean companies eye new business opportunities in Vietnam

Accompanying South Korean President Yoon Suk Yeol on his state visit to Vietnam as part of the presidential delegation, South Korean companies were seen ramping up their business ties in the Southeast Asian country. In a banquet inviting his largest economic delegation on Thursday, Yoon urged the business leaders to take the lead to explore new business opportunities with Vietnam, which is South Korea's third-largest trading partner. "New opportunities are being created for South Korea

June 23, 2023

Apple R&D accelerator discuss smart manufacturing with Korean SMEs

Apple's first manufacturing research and development accelerator discussed the impacts of artificial intelligence and machine learning in smart manufacturing with small and medium-sized businesses in South Korea, the iPhone maker said Friday. Apple Manufacturing R&D Accelerator held its first Smart Manufacturing Forum in Pohang, North Gyeongsang Province, for two days from Wednesday, inviting hundreds of guests from SMEs, industry experts and academia to exchange insights on smart manuf

June 23, 2023

SK pharmteco completes new plant, doubles viral vector production capacity

SK pharmteco, a global contract development and manufacturing organization under South Korean conglomerate SK Group, said Friday that its French subsidiary Yposkesi has completed construction of its second manufacturing facility for cell and gene therapies (C&GT) in Europe. Yposkesi’s second C&GT manufacturing site sits on 5,000 square meters of land in the Genopole campus, the largest biotech cluster in France. With the addition of the second site, Yposkesi’s biomanufactur

June 23, 2023

SK hynix introduces data center memory solutions at HPE conference

SK hynix, the world’s third-largest memory chipmaker, said Friday it introduced its next-generation memory technologies and products at an IT conference in the US. The Korean tech giant said it joined the HPE Discover 2023 event held by Hewlett Packard as an exhibitor, showcasing its industry-leading memory solutions for data centers. The annual conference was held in Las Vegas for three days starting Tuesday. SK said it showcased PS1010 E3.S, a high-performance Peripheral Component Inte

June 23, 2023

Korea Inc. heads to Vietnam to strike deals

With South Korean President Yoon Suk Yeol taking his largest economic delegation involving top conglomerate chiefs on a state visit to Vietnam on Thursday, anticipation is growing on new joint business opportunities their trip will create for the two countries. For the three-day state visit, Yoon has formed his largest-ever delegation to accompany him, consisting of 205 entities -- 24 conglomerates, 28 mid- and small-sized companies, six economic lobbying groups, six economic associations and th

June 22, 2023

KT eyes W1.3tr annual sales in AI by 2025

South Korean telecommunications giant KT Corp. said Wednesday it will diversify its artificial intelligence-related business portfolio to post 1.3 trillion won ($1 billion) in annual sales in the burgeoning sector alone by 2025. “KT has been newly focusing on three AI sectors -- robotics, health care and education,” said Song Jae-ho, a senior executive vice president at KT, during a press conference in Seoul. “We believe that these three areas can help ease ongoing social issue

June 21, 2023

Big 4 chaebol chiefs back Busan’s Expo bid in Paris

South Korea’s top conglomerate chiefs were to meet with French President Emmanuel Macron in Paris on Wednesday, as they are in Paris to promote Busan's bid to host the 2030 World Expo. According to industry sources on Wednesday, the four chiefs of Korea’s top conglomerates -- Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman Chung Euisun and LG Group Chairman Koo Kwang-mo -- arrived in Paris Monday to kick off their Paris tri

June 21, 2023

SK hynix wins int'l certification for automotive memory solution

South Korean chipmaker SK hynix has obtained a high-level European certification recognizing its competency in automotive software development processes, the firm said Tuesday. It also marks the first time a Korean chipmaker has obtained the Automotive Software Process Improvement and Capability Determination (ASPICE) Level 2 certification. ASPICE is a standard of automotive software development introduced by European carmakers to evaluate the reliability and competency of auto part suppliers�

June 20, 2023

LG researcher reappointed to lead Next G Alliance for 6G tech

LG Electronics said Tuesday that one of its senior researchers has been reappointed to lead a working group in an American mobile technology alliance for 6G technology development. Lee Ki-dong, senior researcher in LG Electronics' Chief Technology Officer division, has been reappointed as the chairperson of the Applications Working Group in the Next G Alliance until May 2025. He was first appointed to the position in 2021. The Next G Alliance is an industry initiative launched by the US-b

June 20, 2023

[Graphic News] Number of foreign patients increases

According to a report released by the Ministry of Health and Welfare, 248,000 patients from abroad visited South Korea for medical treatment last year, up 70 percent from 146,000 in 2021. In 2019, just a year before the pandemic, 497,000 foreign patients entered Korea. Recently, the ministry has released a set of strategies for attracting up to 700,000 foreign patients a year to Korea by 2027. In order to meet its goal by 2027, the government will implement four different strategies: improving i

June 20, 2023

SK-AstraZeneca's new diabetes drug goes into production

SK Chemical said Monday it has begun commercial production of a new diabetes treatment drug co-developed with AstraZeneca. Under their partnership, SK Chemical will be responsible for production of the diabetes treatment drug that will be supplied here and overseas countries in the future, SK Chemical added. “(SK Chemical’s new diabetes treatment drug) has shown the company’s capability in developing and producing medical products. (The new treatment) is expected to help SK Che

June 19, 2023

Hyundai Motor's Busan Expo promotional video hits 100 million views

Hyundai Motor Group's promotional videos for Busan’s bid to host the 2030 World Expo racked up over 100 million combined views after the first video was released three months ago, the country's top automotive group said Monday. The promotion campaign comprises 37 videos, which include two videos targeting the global audience, and 35 short-form videos addressing individual member countries of the Bureau International des Expositions, the international body responsible for overseei

June 19, 2023

Samsung adopts AI in product design, opens design lab in US, France

Samsung Electronics has adopted artificial intelligence into its design process, utilizing advanced technology to empower designers to "fully unleash" their creativity, according to the company's chief designer. "With the diffusion of new AI capabilities, new relationships need to be established between people and products. As a result, designers need to master totally new powerful tools," Federico Casalegno, the tech giant's executive vice president of design, said

June 19, 2023

[Photo News] Samsung backs Busan expo bid

The facade of Paris' Palais Garnier is covered in a Samsung Electronics' advertisement promoting its mobile phones and Busan's 20230 World Expo bid, in this photo provided by the tech giant on Monday. Samsung is launching a two-day promotion event on Tuesday supporting Busan's bid in Paris, where the general assembly of the Bureau International des Expositions is slated to take place in November. The host country of the World Expo 2030 will be decided there.

June 19, 2023

[Hello Hangeul] Race heats up for Hangeul AI

The following series is part of The Korea Herald’s “Hello Hangeul” project which consists of interviews, in-depth analyses, videos and various other forms of content that shed light on the stories of people who are learning the Korean language and the correlation between Korea’s soft power and the rise of its language within the league of world languages. – Ed. Amid the immense popularity of Korean-made content from music to TV shows, an increasing number of peopl

June 18, 2023

KT, Samsung Medical Center join hands to export medical tech

South Korean telecommunications giant KT and Samsung Seoul Medical Center are teaming up to export Korea's medical services and digital technology for hospitals, KT said Saturday. The two sides signed an agreement on Friday, under which they will work together to come up with a monitoring system that uses digital health care devices to check up on patients, and to conduct joint research on ways to use artificial intelligence in hospitals using big data. KT is currently preparing to open a m

June 18, 2023

Pixar movies to run on Samsung’s Onyx Cinema LED screens

Samsung Electronics has joined hands with Pixar Animation Studios to run animated movies on its Onyx Cinema LED screens, offering significantly enhanced picture quality, the company said Sunday. Under their partnership, Pixar made its latest movie, “Elemental,” available for 4K HDR resolution. HDR produces a brighter, clearer image when compared to the conventional SDR resolution. Samsung’s Onyx Cinema LED screen is the world’s first LED cinema screen. The extraordinary d

June 18, 2023

Korea’s startups minister meets with LVMH chief at Paris tech show

South Korea’s Minister of SMEs and Startups Lee Young met with Bernard Arnault, chairman of French luxury goods conglomerate LVMH Group, to exchange opinions on possible collaboration between Korean startups and LVMH brands, the ministry said Friday. The minister was visiting Paris to attend the Viva Technology 2023, one of the largest startup and tech events held in Paris from Wednesday through Saturday this week. During the event, she met with several executives from French companies to

June 16, 2023

[Contribution] Korea’s green leadership shines in combating desertification, land degradation

By Nam Sung-hyun Minister of the Korea Forest Service The United Nations General Assembly designated June 17 as "World Day to Combat Desertification and Drought" in December 1994. The annual UN observance day aims to raise awareness of global efforts to combat desertification, land degradation and drought. In 2023, the UN day holds special significance for Korea, as this year commemorates the 50th anniversary of Korea's national reforestation plan launched in 1973. Land and fore

June 16, 2023