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Unexpected rate of AI development requires timely discussion of side effects Is it okay to let generative artificial intelligence (AI) chatbots keep producing responses with the subject “I”? If AI can detect cancer, would radiology technicians no longer be needed? What kind of Thu, 22 Jun 2023 17:11:52 GMT
In post-China era, Korean companies look to India for fresh start “Goodbye China, make way for India?”An employee at a major conglomerate in South Korea, Mr. Kim has noticed a change in the atmosphere whenever he visits India. Now he notices more Indians claiming th Tue, 20 Jun 2023 16:59:08 GMT
EV latecomer Toyota’s solid-state battery plans boost stocks – but is it just hype? Historically an underperformer in the area of electric vehicles (EVs), the Japanese automaker Toyota Motor has been scurrying to make up ground.After the surprise replacement of its CEO in January, th Thu, 15 Jun 2023 16:45:40 GMT
Will US replace China to once again be S. Korea’s top export market? Import and export indicators demonstrate the economic cooperation and connection between South Korea and the US in one glance. From January through May of this year, the US market accounted for 18% of Tue, 13 Jun 2023 16:06:08 GMT
US-China competition poses new test for 70 years of shifting Korea-US economic ties In the 70 years since the Korean War, the volume of trade and capital investment between South Korea and the US multiplied by the hundreds and the thousands, respectively. In other words, relations be Tue, 13 Jun 2023 16:03:05 GMT
Rise of Chinese battery makers threatens LG Energy Solution’s top spot in global market Chinese battery companies are continuing to grow at rapid rates despite US efforts to keep them in check. After dominating the Chinese market, these battery makers are rapidly gaining primacy in marke Mon, 12 Jun 2023 17:00:33 GMT
Can the IPEF deliver the US dream of an Asian economy without China? The participants in the US-led Indo-Pacific Economic Framework for Prosperity (IPEF), a multilateral economic partnership, have signed an agreement on supply chain cooperation. With this development, Tue, 30 May 2023 17:00:03 GMT
Despite austerity measures, Korea sees highest household debt-to-GDP ratio of major economies in Q1 Although South Koreans’ debt continued to shrink in the first quarter of the year in line with the Bank of Korea’s tight monetary policy, Korea still has the highest household debt relative to GDP of Tue, 30 May 2023 16:55:05 GMT
End of era of globalization signals end of S. Korea’s export-led growth, says report According to a new report, 50 years of continuing globalization were brought to a close by the 2008 global financial crisis, drawing the curtain on export-led growth in South Korea.According to a repo Fri, 26 May 2023 16:55:19 GMT
Changing geopolitical order puts 20 years of Hyundai’s BRICS strategy on the rocks Geopolitical changes including the US and China’s struggle for hegemony and Russia’s war with Ukraine are wrecking the BRICS strategy that Hyundai Motor Company has been cultivating for nearly 20 year Thu, 25 May 2023 16:57:44 GMT
Korea’s Samsung, SK Hynix caught in crossfire of US-China chip war China has announced a ban on the use of products made by Micron Technology, the largest memory semiconductor company in the United States, in certain sectors of the Chinese economy, putting South Kore Tue, 23 May 2023 16:48:20 GMT
Falling DRAM prices paint gloomy Q2 forecast for Samsung despite production cuts Samsung Electronics and SK Hynix may be enjoying a rebound through production cuts after recording trillions of won in losses due to falling semiconductor prices in the first quarter of this year, but Fri, 12 May 2023 16:44:57 GMT
Google’s release of Korean-equipped AI chatbot Bard puts local tech firms on edge After a limited release last March, Google has released Bard, a conversational generative artificial intelligence (AI) chatbot, in 180 countries. Following an initial release in English, the company s Fri, 12 May 2023 16:35:48 GMT
Apple’s move into India’s smartphone market sounds alarm for Samsung Apple is making a full-scale entry into the rapidly growing Indian market that has been buoyed by the global move away from China, leading to dark clouds on the horizon for Samsung Electronics, the cu Thu, 11 May 2023 17:33:24 GMT
S. Korea posts $4.4B current account deficit in Q1, largest in 17 years South Korea recorded a deficit of over US$4.4 billion during the first quarter of 2023 in its current accounts balance, an indicator showing its economic performance in overseas transactions. This fig Thu, 11 May 2023 17:32:07 GMT

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