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LG signs deal to acquire Norway’s OSO, expanding HVAC footprint in Europe
LG Electronics said Monday it has signed a deal to acquire Norwegian hot water solutions firm OSO Hotwater, as part of its expansion into Europe’s fast-growing heating, ventilation and air-conditioning market. Under the agreement, the South Korean tech giant will acquire 100 percent of OSO’s shares. Industry sources estimate the deal is worth hundreds of billions of won, though the company declined to disclose the exact amount. Lee Jae-sung, president of LG Electronics’ Eco Solutions division, s
June 30, 2025 -
UNESCO rallies global support for ethical AI at Bangkok forum
BANGKOK — With AI reshaping everything from industries to daily life, UNESCO gathered government officials, business leaders and experts from around the world in Bangkok, calling for stronger international cooperation to steer the ethical development and use of this transformative technology. The third edition of the UNESCO Global Forum on the Ethics of AI drew over 1,200 participants from 88 countries last week in the Thai capital, evaluating how far the world has come since the adoption of the
June 30, 2025 -
KT partners with Nokia Bell Labs on semantic communication tech for 6G
South Korean telecommunications giant KT said Monday it is joining hands with Nokia Bell Labs Core Research to advance research and commercialization of semantic communication technology for the 6G era. Semantic communication is a next-generation technology that uses artificial intelligence to interpret the meaning and context of data, transmitting only essential information rather than every raw data element. This approach is expected to improve network efficiency dramatically and enable servic
June 30, 2025 -
Korea begins dismantling Kori-1, eyes $368b global nuclear decommissioning market
South Korea has begun dismantling its first commercial nuclear power plant, the Kori-1 reactor — marking the country's first-ever nuclear decommissioning project and paving the way for Korea to enter the 500 trillion won ($368 billion) global nuclear decommissioning market. The Nuclear Safety and Security Commission on Thursday approved Korea Hydro & Nuclear Power’s plan for decommissioning the reactor. Kori-1, a 595-megawatt pressurized water reactor supplied by US firm Westinghouse, is located
June 27, 2025 -
LG Display begins mass production of 27-inch OLED panel with 4th-gen tech
LG Display said Friday it has begun mass production of its new 27-inch OLED monitor panel, equipped with the company’s proprietary primary RGB tandem technology — a key advancement marking the arrival of fourth-generation OLED innovation. The primary RGB tandem architecture stacks red, green and blue organic light-emitting layers independently across four tiers, allowing each color to emit light with greater intensity and precision. The unique structure enhances peak brightness and contrast rati
June 27, 2025 -
Supreme Court to deliver final verdict on Samsung Chairman Lee on July 17
The Supreme Court is set to deliver the final verdict on Samsung Electronics Chairman Lee Jae-yong next month, as he was acquitted in both the first and second trials on charges related to a 2015 merger case, sources said Thursday. The ruling, scheduled for July 17, comes four years and 10 months after Lee was first brought to trial and about five months after the appellate court upheld his acquittal. Lee was indicted in September 2020 on charges of unfair trading, stock price manipulation and a
June 26, 2025 -
Samsung Wallet expands digital key support to Mercedes-Benz
Samsung Electronics said Thursday that its digital key feature embedded in Samsung Wallet will be available in 17 Mercedes-Benz models, marking a significant expansion of its smart mobility ecosystem. The supported models include high-end vehicles such as the Maybach, AMG and the latest W214 E-Class and W206 C-Class, which are slated for release in Korea in July. The digital key service will be compatible with select Galaxy devices, including the Galaxy S21 Ultra and Plus series, Galaxy Z Fold3
June 26, 2025 -
LG Uplus to launch world's 1st on-device 'anti-deepvoice' tech
LG Uplus on Thursday announced the commercial rollout of its proprietary anti-deepvoice technology, capable of detecting artificial intelligence-generated spoofed voices, within its AI agent service, ixi O. The Korean telecom operator said the rollout, set for Monday, marks the first time in the world such technology has been deployed in an on-device format, in which sensitive user data such as voice information is stored exclusively on the user’s smartphone rather than in the cloud. The approac
June 26, 2025 -
KakaoTalk is finally testing typing indicators. For many Koreans, it just feels wrong
For 15 years, South Korea’s iconic messaging app KakaoTalk thrived without a feature so basic that most of us never noticed it was missing until now. Since its launch in 2010, KakaoTalk has uniquely dominated South Korean communication, standing apart from global giants like Apple and Meta. Rather than WhatsApp and iMessage, Koreans have always relied heavily on homegrown platforms, particularly KakaoTalk. Yet, strangely enough, KakaoTalk never had a simple feature that was included in almost ev
June 26, 2025 -
AI fintech startup BankX joins government program for Silicon Valley expansion
South Korean fintech startup BankX said Wednesday that it has been selected to join the Global Market Expansion Program organized by the Ministry of SMEs and Startups, paving the way for its official entry into Silicon Valley. GMEP is a government-backed initiative that supports AI- and big data-driven startups with comprehensive assistance for global expansion. BankX is one of 20 startups selected for the Silicon Valley track, which provides full funding for business development, investor pitch
June 25, 2025 -
LG Innotek debuts copper post tech to shrink smartphone substrates
LG Innotek said Wednesday it has developed and applied the world’s first copper post (Cu-Post) technology for high-value semiconductor substrates used in mobile devices, marking a new step forward in the pursuit of slimmer, high-performance smartphones. As global smartphone manufacturers increasingly compete to enhance performance while minimizing device thickness, the demand for advanced yet compact semiconductor substrate technologies is rising sharply. Anticipating the trend, the electronics
June 25, 2025 -
Lee turns to technocrats as Korea pushes for AI leadership
President Lee Jae Myung sent a clear signal Monday that South Korea is going all-in on artificial intelligence, tapping AI expert Bae Kyung-hoon, chief of LG AI Research, as the new science minister to spearhead the country’s AI initiative. Monday’s nomination came on the heels of another high-profile pick from the private sector. On June 15, Ha Jung-woo, the head of Naver AI Innovation Center, was appointed as the first senior secretary of AI and future planning. The newly established post is t
June 24, 2025 -
World’s largest quantum tech event returns to Seoul with global momentum
Korea is ramping up efforts to bolster global cooperation in the quantum ecosystem as Quantum Korea 2025 kicked off Tuesday at the Yangjae aT Center in southern Seoul. According to the Ministry of Science and ICT, the host of Quantum Korea, the event, which is held from Tuesday to Thursday, has brought together 57 quantum companies and organizations from eight countries. Over 5,500 people attended the global quantum event in Korea last year, solidifying its position as the world’s biggest quantu
June 24, 2025 -
SK hynix to build new back-end fab in Cheongju
SK hynix, the world’s leading memory chip maker, is reviewing plans to build a new back-end production facility in a bid to strengthen its packaging capabilities amid rising demand for advanced chips. According to industry sources on Tuesday, the memory chip-maker announced via its internal bulletin board that it will construct the new facility, dubbed “P&T 7,” on a site in Cheongju, North Chungcheong Province. For the new building, the company has begun demolishing a former LG factory it previo
June 24, 2025 -
Samsung, LG eye first-mover edge in robotics camera modules
Korea's top two electronics parts makers — Samsung Electro-Mechanics and LG Innotek — are accelerating their efforts to gain an early foothold in humanoid robot camera modules, which is seen as a blue ocean market with no clear leader yet. LG Innotek is in talks with US-based humanoid robotics startup Figure AI to supply camera modules for its robots, according to industry sources on Tuesday. The two firms are expected to finalize supply volumes and pricing in the second half, with mass producti
June 24, 2025