Half of companies expect AI to eventually replace personnel

Samsung’s first mobile phones of 2021 will likely be cheaper than their predecessors 　

The nation’s flagship air carrier Korean Air on Thursday filed documents to the Fair Trade Commission and antitrust authorities in eight other countries for a review of its planned takeover of the debt-laden Asiana Airlines. “We’ve had a business combination application submitted by Korean Air regarding the purchase of Asiana Airlines’ shares,” the FTC said in a statement. The airline also took the same steps in eight other countries including the United States,

Scatter Lab, developer of artificial intelligence chatbot Lee Luda, has come under fire for uploading private messages on an open-source platform to train its AI model, local media said Thursday. Scatter Lab has reportedly uploaded around 100 datasets of KakaoTalk messages on GitHub dating from September last year, when the company started sharing its artificial neural network model for the chatbot, the reports said. The datasets contained personal information of users of the Science of Love

A joint research team from South Korea, the US and Poland has discovered a new phenomenon called “photon avalanche,” which is expected to open up new ways of research on fields that use optical technology. According to the research team from the Korea Research Institute of Chemical Technology, it has found that absorption of a single photon in some materials could trigger a chain reaction that produces a large burst of light. This special type of upconversion called photon avalan

Shin presses CEOs over retail group’s sluggish performance

Ministry crosses out outdated models, diversifies technical requirements

Hyundai Oilbank said Thursday it will begin the production of a raw material for solar panels to seek a new growth engine in the renewable energy industry amid sluggish demand for petrochemical products due to the prolonged pandemic. According to the South Korean refinery, its subsidiary Hyundai Chemical will manufacture 180,000 metric tons of ethylene vinyl acetate at its plant under construction in the Daesan petrochemical complex in South Chungcheong Province, starting in the second half o

LG companies applied for the most number of patents for organic light-emitting diode materials in South Korea, new data showed. LG companies, including LG Display and LG Electronics, lodged a total of 939 patent filings for OLED materials in the 2015-2019 period, according to the Korean Intellectual Property Office on Thursday. Samsung Group and its affiliates came in second with 442 filings and Doosan companies ranked fourth with 203 patent applications. Of the total 3,067 patent applicat

South Korea's antitrust regulator said Thursday it has started to review a deal by Korean Air Lines Co., the country's biggest carrier, to buy the debt-ridden Asiana Airlines Inc. The Korea Fair Trade Commission (KFTC) said it will see if the merger of the nation's two largest carriers could constitute a monopoly or hurt market competition as Korean Air submitted an application for approval earlier in the day. In November 2020, Korean Air said it will acquire its smaller rival Asiana Airlines

South Korean firms, anchored by Samsung Electronics Co. and LG Electronics Inc., wrapped up their four-day journey at the world's largest tech expo Thursday after introducing their innovations for the new normal era of the pandemic. This year's Consumer Electronics Show (CES) went all-digital for the first time due to the novel coronavirus. The number of exhibitors for CES 2021 was only 1,960, which was far less than last year's 4,500 attendees, as many Chinese firms decided to skip the show f

Top construction equipment maker Doosan Infracore Co. on Thursday gained the upper hand in a lawsuit brought against it by investors in its Chinese unit Doosan Infracore China Co. (DICC) as the Supreme Court sent the case back to a lower court for retrial. The highest court ordered the appeals court to reconsider its ruling favorable to the financial investors including Mirae Asset Private Equity, saying that Doosan Infracore's failure to share information about its Chinese unit did not get in

British home appliance maker Dyson Ltd. said Thursday it will open its first flagship store in South Korea this week as the company eyes to expand its sales amid the pandemic. Dyson Demo Store will open at IFC Mall in western Seoul on Friday, featuring all of Dyson's products and services. It is the first flagship store to be directly run by Dyson Korea since the Korean unit was established in 2018. "We want to offer a place where people can explore, test and try Dyson's full lineup of te

Samsung Display Co. on Thursday signed a collective agreement with its labor union, becoming the first electronics affiliate of Samsung Group to ink such a deal. The agreement was reached about seven months after the management and the labor union started to negotiate on welfare programs and working condition improvements. Samsung Display is the first among Samsung Group's five major electronics affiliates, including Samsung Electronics Co. and Samsung SDI Co., to ink a collective agreement wi

Teo, who just turned 3 years old this month, is cared for by a babysitter until sunset, as day care centers have been partially shut down due to COVID-19. After dark, the situation changes. “When I work overtime at home past 6 in the evening, it’s the smartphone that keeps Teo company in the living room,” the mother of Teo sighed, as she admitted that smartphone usage at such a young age may not be the best option for a child. A recent survey has demonstrated that Teo is not