Samsung's AI-powered mobile devices surpass 20 million units in Korea

SEOUL, September 30 (AJP) - Samsung Electronics said Monday the number of its mobile devices with artificial intelligence features in South Korea have exceeded 20 million units. The company launched Galaxy AI with the Galaxy S24 smartphone series in January, followed by the Galaxy Z Flip6, and the Galaxy Z Fold6 in July. Samsung has also extended AI capabilities to previous models, including the S23 and S22 series, Z Flip5, Z Fold5, Z Flip4, Z Fold4, and select Galaxy Tab model

September 30, 2024

Telegram pledges stern action against illegal content

SEOUL, September 30 (AJP) - Messaging app service Telegram has promised to take stern action against illegal content on its platform, South Korea's Korea Communications Standards Commission (KCSC) said Monday. The telecom regulator and Telegram held their first face-to-face talks on Friday following a massive deepfake porn scandal involving Telegram in August. KCSC Chairman Ryu Hee-lim said Telegram has committed to a zero-tolerance approach to crimes and agreed to cooperate

September 30, 2024

Qoo10 CEO questioned in e-commerce fraud probe

SEOUL, September 30 (AJP) -- The prosecution investigating a payment delay scandal involving e-commerce platforms Tmon and WeMakePrice on Monday questioned the chief executive officer of their Singapore-based parent company, Qoo10 Group. The two Korean firms have been embroiled in a financial crisis since July, unable to settle payments with merchants on their platforms. Qoo10 CEO Koo Young-bae is suspected of diverting funds from the companies to assist with corporate acquisitio

September 30, 2024

Study exposes suspected Chinese trolls targeting Korean industries

SEOUL, September 29 (AJP) - Suspected Chinese online accounts were found to have conducted comment campaigns to manipulate public opinion on key industries where South Korea and China are in fierce competition, according to a study released Sunday. The research, conducted by Professors Kim Eun-young of Catholic Kwandong University and Hong Suk-hoon of Changwon National University, analyzed comments on articles about electric vehicles, batteries, e-commerce and others on online platf

September 29, 2024

Woori Bank expands international teller services

SEOUL, September 27 (AJP) - Woori Bank said Friday that it is expanding its teller services for foreign customers by establishing Global Desks at four additional branches and introducing Sunday operations at select locations. International services are now available at its headquarters branch in central Seoul for U.S. and Chinese nationals, at the Gwanghui-dong Financial Center for Mongolian and Russian clients, at the Uijeongbu Financial Center for Thai and Cambodian clients, and a

September 27, 2024

Samsung faces fines over radiation exposure incident

SEOUL, September 27 (AJP) - Samsung Electronics faces fines and a possible prosecution investigation over a radiation exposure accident at its plant in May, which Korea’s nuclear safety regulator has determined was caused by deliberately disabled safety devices. The incident occurred at the tech giant’s Giheung plant in Yongin, south of Seoul, when two employees were repairing an X-ray device used to analyze semiconductor wafer components. Both workers received radia

September 27, 2024

KEPCO builds largest energy storage system in Asia

SEOUL, September 27 (AJP) - Korea Electric Power Corp. (KEPCO) has constructed Asia's largest energy storage system (ESS) in the southern city of Miryang. The state power company held a completion ceremony on Thursday for the 978 megawatt-class ESS for grid stabilization in Miryang. The ESS is a system that stores electricity when demand is low and supplies it during peak times. This project, with a total investment of 830 billion won, involved installing a power conversion s

September 27, 2024

POSCO Future M delays completion of Canadian JV cathode plant

SEOUL, September 27 (AJP) - Korean battery materials maker POSCO Future M announced postponing the completion of its cathode material plant in Canada, a joint venture with General Motors (GM). The facility in Bécancour, Québec, originally scheduled to be finished on Sept. 30, will see its completion date adjusted due to local conditions, the company said in a regulatory filing on Thursday. "We are currently adjusting the completion schedule due to local circumstan

September 27, 2024

Samsung unveils Galaxy Tab S10 series with enhanced AI features

SEOUL, September 27 (AJP) - Samsung Electronics on Friday released its new premium tablet line, the Galaxy Tab S10 series, featuring the S10 Ultra and S10+ models. The devices boast Dynamic AMOLED 2X displays and are powered by MediaTek Dimensity 9300+ processors, offering improved performance compared to previous models. The tablets incorporate AI-optimized features for large screens, including Note Assist for voice recording transcription and PDF translation, and Circle to Search

September 27, 2024

Korean trade association opens office in Poland

SEOUL, September 27 (AJP) - The Korea International Trade Association (KITA) said Friday it has opened its second overseas office in Europe in Warsaw, the capital of Poland, to support exports to Central and Eastern Europe. Poland is Korea's second-largest export destination in the European Union, KITA said, adding that the two countries are collaborating in various fields, including batteries, defense, infrastructure, and the reconstruction of Ukraine. "Last year, trade

September 27, 2024