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SK Square closes W860b stake sale of SK Shieldus

SK Square, the investment arm of SK Group, has completed the process of selling a portion of its stake in its security service subsidiary SK Shieldus to EQT Partners, a private equity fund operated by Sweden's largest conglomerate, the Wallenberg Group, a filing showed Thursday. SK Square said it has sold 28.82 percent of its stake in Korea Security Holdings, the parent firm of SK Shieldus, for about 860 billion...

Spain , Sweden , South-korea , Barcelona , Comunidad-autonoma-de-cataluna , Swedish , Korea , Wallenberg-group , Korea-security-holdings , Sk-telecom , Sk-group

Upstage's LLM tops global open-source AI evaluation

South Korea’s artificial intelligence startup Upstage said Thursday it has secured the top position in the global evaluation of large language models. The company’s 30-billion-parameter LLM scored 67 points, ahead of Meta’s LLaMa-2 (66.8 points) on the Open LLM Leaderboard operated by the AI platform, Hugging Face, as of Wednesday. Hugging Face’s leaderboard evaluates LLMs with less than 10...

South-korea , Microsoft , Hugging-face , Kim-sung-hoon , Jie-ye-eun , The-korea-herald , Orean-news , Oreaherald , Outh-korea-news , Outh-korea-news-in-english , Sia-news

LG touts expertise, reliability of upgraded Exaone

LG Group’s artificial intelligence think tank LG AI Research on Wednesday unveiled the upgraded version of its hyperscale AI multimodal Exaone that was designed to learn expertise data and use it for research and development and marketing across industry sectors. The Exaone 2.0 is the first upgrade of the AI language model that launched in December 2021. It understands both language and images simultaneously to...

Seoul , Soult-ukpyolsi , South-korea , Koo-kwang-mo , Lee-hwa-young , Bae-kyung-hoon , Lg-ai-research-on , Lg-ai-research , Lg-group , Jie-ye-eun , The-korea-herald

LG touts expertise, reliability of Exaone 2.0

LG Group’s artificial intelligence think tank LG AI Research on Wednesday unveiled the upgraded version of its hyperscale AI multimodal Exaone that was designed to learn expertise data and use it for research and development and marketing across industry sectors. The Exaone 2.0 is the first upgrade of the AI language model that launched in December 2021. It understands both language and images simultaneously to...

Seoul , Soult-ukpyolsi , South-korea , Koo-kwang-mo , Lee-hwa-young , Bae-kyung-hoon , Lg-ai-research , Lg-ai-research-on , Lg-group , Jie-ye-eun , The-korea-herald

[KH Explains] Entrapment in the 'Kakao Kingdom'

Lee Yu-jin, a 34-year-old office worker who has gone on parental leave, thought about deleting her KakaoTalk account, as she wanted to disconnect from co-workers and acquaintances during her temporary break. But she could not get away from the messaging app, as it has become a crucial conversational tool among moms in her son’s kindergarten. Since its introduction as a free mobile messenger in March 2010 under ...

South-korea , Seoul , Soult-ukpyolsi , Korea , Lee-yu-jin , Chung-ang-university-college-of-business-administration , Seoul-national-university , Incruit , Democratic-party-of-korea , Ubuntu-fund , Kim-jung-ho

[Herald Interview] Nothing lures Korean trendsetters with 'transparent phones'

UK smartphone maker Nothing Technology Limited made its Korean debut last week with its second-generation flagship device, Phone 2. In a market dominated by two big names – Samsung and Apple, the three-year-old company says it is targeting a niche but lively audience here. “We wanted to have a design identity that’s really strong and authentic to Nothing and something that could be recognized two me...

United-kingdom , Seoul , Soult-ukpyolsi , South-korea , United-states , Sweden , China , London , City-of , American , Swedish , Korea

[Herald Interview] Why Korea is a crucial partner for Qualcomm

US chip giant Qualcomm Technologies has made an active push to drive innovation in next-generation growth engine industries in South Korea, with big name companies such as Samsung, LG and Hyundai. It looks to continue the journey through closer partnerships with key industry players here, according to a Qualcomm executive. “Building on more than 30 years of our close collaborations, Qualcomm is committed to dri...

Seoul , Soult-ukpyolsi , South-korea , Korea , Jim-cathey , Google , Samsung-electronics , Hyundai , Hyundai-motor-group , Qualcomm , Samsung , Lg-electronics

[From the Scene] KT to boost mining safety with digital solutions

YEONGWOL, Gangwon Province -- With rapid digital transformation shaking up industries across the board, South Korean telecommunications giant KT Corp. has launched communication-based digital mine safety solutions jointly developed with the Korean office of a Canada-based mining firm. KT and Almonty Korea Tungsten Corp. joined forces to build the LTE-based communication infrastructure at Sangdong Mine, as the establi...

Seoul , Soult-ukpyolsi , South-korea , Canada , Sangdong , Kyonggi-do , Gangwon , Kangwon-do , South-korean , Kang-dong-hoon , Jung-myung-ju ,

Samsung Electronics to rebound in Q3: analysts

Samsung Electronics, which was predicted to post its worst quarterly earnings in 14 years in the second quarter, will likely hasten its earnings recovery from the third quarter, led by chip production cuts and the early launch of its new foldable smartphone series, analysts said. On Friday’s earnings guidance for the April-June period released by Samsung, it said its operating profit in the period is expected t...

China , Chinese , Noh-geun-chang , Samsung , Samsung-electronics , Doh-hyun-woo , Hyundai-motor-securitie , Device-solution , Galaxyz-flip , Galaxyz-fold , Hyundai-motor-securities

Samsung's new foldable phones to be unveiled on July 26 in Seoul

Samsung Electronics on Thursday sent out invitations to the “Join the Flip Side” unpacking event for its new foldable smartphone series later this month in Seoul, marking the tech giant’s first Galaxy Unpacked on its home turf. Samsung will kick off the summer edition of its unveiling event at Coex, one of South Korea's largest convention and exhibition centers, in Gangnam-gu, southern Seoul, a...

London , City-of , United-kingdom , Berlin , Germany , New-york , United-states , Seoul-city , Soult-ukpyolsi , South-korea , Seoul , San-francisco