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KG Group said that its acquisition of the country’s largest used-car platform, K Car, will serve as a cornerstone of its future growth strategy, helping build an integrated mobility ecosystem spanning vehicle, sales, financing and rentals, while the group seeks to expand the platform overseas. At a press conference in Seoul, KG Group Chairman Kwak Jea-sun presented K Car as a key driver of the group's future growth, while also outlining a wider strategic road map aimed at enhancing corporate val

The Korea Herald

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UN warns of 'deepening crisis' in oceans, urges action

Oceans are in a "deepening crisis" that demands urgent global action, a major UN report warned Monday, with seas warming and rising faster, ice cover shrinking and marine ecosystems under mounting strain. The culmination of five years of work by 600 international scientists, the 1,352-page tome details the growing toll of climate change, pollution and overfishing in our oceans, which cover more than 70 percent of the planet. "The ocean is the foundation of life on Earth. But its health is at gra

The Korea Herald

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Nvidia chief Huang wraps up visit to S. Korea focused on AI partnerships

Nvidia Corp. CEO Jensen Huang wrapped up his five-day visit to South Korea on Tuesday, focused on expanding partnerships with major Korean technology companies across a broad range of the artificial intelligence ecosystem. Huang departed from Gimpo International Airport in western Seoul, describing the trip as "very good" and highlighting the strong partnerships Nvidia has built with Korean companies. He pointed to several key announcements made during the visit, including a multiyear technology

The Korea Herald

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Science minister discusses physical AI cooperation with Nvidia chief

Science Minister Bae Kyung-hoon met with Nvidia Corp. Chief Executive Officer (CEO) Jensen Huang in Seoul on Monday and discussed various areas of cooperation, including ways to nurture the local physical artificial intelligence (AI) ecosystem. The meeting took place during Huang's visit to South Korea, during which he met with executives from South Korea's major conglomerates in the AI supply chain, as well as researchers and representatives of startups in the sector. Bae said South Korea could

The Korea Herald

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Samsung memory chief, Nvidia CEO discuss next-generation HBM cooperation

The head of Samsung Electronics' memory business said Monday he met with Nvidia CEO Jensen Huang and discussed long-term cooperation in next-generation high-bandwidth memory (HBM) products. Jun Young-hyun, who leads Samsung Electronics' device solutions division, made the remarks to reporters after meeting Huang during his visit to South Korea to meet industry leaders to explore broader cooperation opportunities across the artificial intelligence (AI) ecosystem. "We have maintained cooperation w

The Korea Herald

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Korea pushes for faster Nvidia AI infrastructure rollout

Korea’s ICT minister met Nvidia CEO Jensen Huang in Seoul on Monday to discuss bringing more of the US chipmaker’s AI computing infrastructure to Korea and expanding cooperation in physical AI. Deputy Prime Minister and ICT Minister Bae Kyung-hoon met Huang during Nvidia’s Korea AI Ecosystem Reception in Seoul, the Ministry of Science and ICT said. Talks focused on the planned delivery of 260,000 Nvidia GPUs, the introduction of Vera Rubin-based AI factories in Korea, and closer cooperation betw

KBS World (English)

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LG, Nvidia to Expand Strategic Cooperation in Physical AI, AI Infrastructure, Mobility

[Economy] : LG and Nvidia have agreed to expand strategic cooperation in physical artificial intelligence(AI), AI infrastructure, and mobility. LG Chairman Koo Kwang-mo and Nvidia CEO Jensen Huang discussed cooperation for the establishment of an AI industrial ecosystem during a meeting on Monday at LG Twin Towers in ... [more...]

The Korea Herald

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Doosan seeks bigger role in Nvidia's AI factory ecosystem

Doosan Group said Monday it would deepen ties with US chip giant Nvidia in physical AI-driven robotics and AI factories, expanding their partnership beyond collaborative robots to build a broader AI value chain. Based on the partnership, Doosan will combine its manufacturing expertise in robotics, energy solutions and advanced materials for AI semiconductors with Nvidia’s accelerated computing and Physical AI platforms to explore new business opportunities. One of the expected synergies is Doosa

The Korea Herald

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Jensen Huang courts Korea's AI ecosystem on packed Seoul tour

Nvidia CEO Jensen Huang's Korea trip has unfolded with fanfare, selfies and a full course of Korean crowd-pleasers — from a PC bang appearance with a legendary League of Legends player to candid talks with the country's top tech chiefs over Korean barbecue. Through Monday night, Huang's itinerary was set to span more PC bang stops, fried chicken, samgyetang and baseball as he discussed next-generation technologies and sought to reinforce Nvidia's collaboration with Korean partners in AI, robotic

The Korea Herald

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Buldak's new face: Peppo the flame-topped chick

Samyang Foods is giving its Buldak noodle franchise a new face — a red chick with a flame atop its head — as the spicy noodle brand notches 10 billion cumulative servings sold worldwide. The company said Friday that its new mascot, Peppo, is set to become the face of not only the Buldak product lineup but also its broader ecosystem spanning content, merchandise and digital experiences. Samyang identified expanding Buldak into a full-fledged intellectual property franchise as a key strategic pill

Korea proposes Hyundai-led W3.4tr hydrogen project for Canada submarine bid

Korea has pitched a 3.4 trillion won ($2.2 billion) hydrogen truck investment package led by Hyundai Motor Group to the Canadian government as part of its bid to secure the country’s next-generation submarine contract. In an interview with Canada-based broadcaster CTV News on Wednesday, Chief Presidential Secretary Kang Hoon-sik revealed details of the initiative, dubbed “Project Beaver,” which aims to establish a hydrogen mobility ecosystem in Canada using technology developed by Hyundai Motor

Why Nvidia is betting on Korea for physical AI

Nvidia CEO Jensen Huang is putting South Korea's physical AI potential in the spotlight, with robotics set to top the agenda during his planned visit to Seoul from Thursday. "I think that robotics is very important to Korea, and I hope to be able to contribute to robotics in Korea," Huang said during Nvidia's "Korea Partner Night," held for the first time on the sidelines of the Computex event in Taiwan on Tuesday. "We would always consider investments in Korea, (it has) such a great ecosystem,

Hyundai’s China hydrogen venture wins Guangzhou backing

Hyundai Motor Group said Thursday that its HTWO Guangzhou plant, the group’s first overseas hydrogen fuel cell system production base, had been selected as a leading company in Guangzhou’s initiative to build China’s hydrogen industry ecosystem. The Guangzhou Municipal Bureau of Industry and Information Technology designated HTWO Guangzhou as a “leading enterprise in the hydrogen energy industrial chain” under the city’s broader strategy to foster new energy and energy storage industries. Guangz

Naver bets W1tr on creator content in AI push

Naver said Thursday it will invest 1 trillion won ($663 million) over the next five years to strengthen its creator ecosystem, betting that user-generated content will become a key asset in the next phase of artificial intelligence services. “The center of competition among AI platforms is moving toward data quality and service competitiveness,” Chief Data and Contents Officer Kim Kwang-hyun said at the company’s media roundtable in Seoul. “Naver’s independent content ecosystem, built over more

The Korea Herald

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LG helps native honeybee population buzz back

LG Group said Wednesday it has quadrupled the population of endangered native Korean honeybees to 4 million within a year as part of its biodiversity and ecosystem preservation initiative. The group said it established a habitat for the native “Halla honeybee” near Hwadam Botanic Garden in Gwangju, Gyeonggi Province, last year and increased the bee population from 1 million to 4 million through a breeding project carried out with Korea’s first officially recognized native bee master, Kim Dae-rip

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