South Korean display maker LG Display announced Sunday it succeeded in developing the world’s first stretchable display capable of expanding up to 50 percent, the highest elongation rate within the industry. The latest breakthrough, the outcome of five years of research, was unveiled during an industrial gathering at LG Science Park in Seoul on Friday. LG's new prototype features a 12-inch screen that stretches up to 18 inches while delivering a high resolution of 100 pixels per inch and

South Korean internet giant Naver on Friday reported record-high quarterly earnings for the July-September period, showing strong performances in all of its major businesses including the search platform, commerce and content. During an earnings call, Naver Chief Executive Officer Choi Soo-yeon said the company will expand "AI briefing" to mobile-integrated search next year. The feature provides direct answers to search queries by understanding user intent and context based on exten

Donald Trump's second presidency is unsettling the chip industry globally, after the outspoken leader had publicly threatened during his campaign to cut subsidies for chipmakers and raise tariffs on foreign firms. South Korea, home to the world’s top two memory chip-makers, is no exception. Experts suggest that Korea should leverage its strengths in artificial intelligence chips and further bolster ties with the new US administration. One of the imminent concerns is the possibility of t

LG Uplus CEO Hwang Hyeon-sik said Thursday the company would invest up to 3 trillion won ($2.15 billion) in the telecom carrier's artificial intelligence business over the next four years. The announcement came as the CEO introduced the company's AI transformation strategy during a press briefing in Seoul. Hwang highlighted that the key behind the telecom carrier's AX strategy is customer-centered thinking and AI orchestration. “To grow as an AX company, it’s essential to accurate

LG Electronics received the top recognition from the country’s patent agency for its advanced vehicle augmented reality technology used to guide drivers on complex and unfamiliar roads on Wednesday. At this year’s Patent Technology Awards hosted by the Korean Intellectual Property Office, LG Electronics has been chosen as the winner of the grand prize, the King Sejong Award, for its patent on vehicle AR-based navigation. “We expect our AR solutions will innovate driving exper

South Korean telecom carrier KT Corp. on Tuesday released the world’s first artificial intelligence IPTV set-top box that supports advanced 8K resolution with on-device AI capabilities. The company said the Genie TV set-top box 4 is the first IPTV set-top box globally equipped with an 8K UHD chipset. It offers four times the number of pixels of a 4K UHD screen and 16 times that of a full HD screen. “With a 50 percent performance improvement in its CPU and a dedicated NPU, it opti

SK Telecom, South Korea’s largest wireless carrier by membership, on Tuesday unveiled its new artificial intelligence-powered personal assistant Aster for global markets. Designed as an agentic AI, Aster goes beyond simple question-and-answer or search functions. It engages users in an interactive dialogue to understand their intentions, and make plans and perform tasks on their behalf. According to the company, the AI agent’s capabilities in planning, task management and quick res

MCCAAi Co., Ltd. demonstrated its technology through a multimedia work entitled "The Beginning of the Return," created by its generative AI solution MOAI, during the inaugural AI Content Festival that wrapped up on Saturday at COEX in southern Seoul. Produced entirely through generative AI, "The Beginning of the Return" incorporates images, voices, music and other elements to showcase the capability of the technology to create high-quality content. The piece was created at

SK hynix CEO Kwak Noh-jung unveiled the company’s plan to start mass production of the industry's most up-to-date high-bandwidth memory chips early next year. “We anticipated that the market for the 16-layer product will begin to open (the sixth-generation) HBM4,” he said in a keynote speech at SK AI Summit 2024 in Seoul on Monday. "We are developing the new product to ensure technical stability.” The 16-layer, 48-gigabyte, fifth-generation HBM3E chip boasts the la

SK hynix unveils 2025 shipment plans for most up-to-date HBM chip

South Korean luxury e-boutique Jente has launched a global service to spur its business expansion overseas. The company said Monday the website is now available for shoppers in North America, Asia and Europe, with plans for expansion in the Middle East by 2025. Established in 2020, Jente has gained traction in the nation’s competitive luxury market by directly sourcing luxury goods from boutiques, ensuring authenticity and exclusivity. In 2022, its sales reached 48.8 billion won ($35.6 m

Samsung Electronics Vice Chairman and co-CEO Han Jong-hee told employees Friday to fully commit to strengthening their key technological leadership to secure uncompromising quality competitiveness. “Without change, neither innovation nor growth is possible," he said during a joint commemorative speech delivered at the tech giant’s 55th anniversary celebration in Suwon, Gyeonggi Province. “Let’s proactively secure technologies that do not yet exist in the world, tec

Samsung Electronics’ depositary receipts listed in Luxembourg Stock Exchange are to transfer to the London Stock Exchange, according to the company’s filing on Friday. A depositary receipt is a financial security that allows investors to own shares in a foreign company without trading on a foreign market. The decision came upon the tech giant’s board of directors' decision to delist the DRs from Luxembourg, the filing showed. Based on Samsung Electronics' preferred shares, t

Chip giant ready to supply advanced HBM chips to Nvidia in Q4

The world’s first wireless and transparent OLED TV and a premium built-in appliance introduced by LG Electronics have been selected among the 200 best inventions of the year by Time magazine. The transparent OLED TV, dubbed LG Signature OLED T, was included in the consumer electronics criteria, according to industry sources on Thursday. “The TV’s always-on-display feature can display ever-changing artwork, or you can turn it off to simply look like a pane of glass,” t