The establishment of a dedicated artificial intelligence (AI) development organization within the government has crossed the ninth-ridge line by securing a legal basis. According to the government on August 4, the “Regulations on the Establishment an
SK Hynix, SanDisk Unveil First HBF Standard at FMS 2026
SK Hynix announced on August 4 that, together with SanDisk, it unveiled the first standard specifications for High Bandwidth Flash (HBF), a next-generation storage technology based on NAND flash memory. SK Hynix stated on August 4 that it presented t
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S. Korea to Set Up Direct AI Dev Unit; PM Directive Enacted
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[Exclusive] Coupang Now Offers Card Loans
Coupang Pay has launched a service allowing users to check and apply for KB Kookmin Card loan products. According to the financial industry on the 4th, Coupang Pay recently began offering a 'loan brokerage service' for all Coupang members, enabling t
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“Eye Scan Reveals High Cardiovascular Risk”... Government to Boost Clinical AI
“No major abnormalities in the retina, but the risk of cardiovascular disease is high. Let's re-examine in four months.” On the 4th, at the Diabetes Center of the Endocrinology Department at Seoul Severance Hospital, a man in his early 50s, Mr. A, sa
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Bithumb Targets 2028 IPO…Complex Ownership Structure Faces Transparency Test
Bithumb has announced plans to strengthen internal controls, transition to international accounting standards, and reorganize its governance structure, aiming for an initial public offering (IPO) in 2028. Unlike competitors such as Dunamu (operator o
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Chinese-Built Cars Overtake Germany in Korea's Import Market
China surpassed Germany to claim the largest share of South Korea's imported-car market in the first half of the year. According to an analysis of new vehicle registrations released by the Korea Automobile & Mobility Association (KAMA) on Aug. 4, Chi
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TSMC Expands CoWoS Outsourcing to Ease AI Chip Bottleneck
TSMC is expanding its outsourcing of a key process used to package artificial intelligence (AI) chips, a move seen as an effort to ease manufacturing bottlenecks in the AI semiconductor supply chain. A substantial share of the volume previously handl
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CSOT Steps Up IJP OLED Push With MSI Monitor
Chinese display maker CSOT is accelerating its push into the IT display market by supplying inkjet-printed (IJP) OLED panels to technology-device makers in Greater China, beginning with laptops and monitors. According to industry sources on Aug. 4, C
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Rocket Debris Wandering for Over a Year Collides with the Moon…Danuri Observes
South Korea's lunar orbiter 'Danuri' captures the collision of SpaceX rocket debris, which has been drifting in space for over a year, with the Moon's surface. This marks the first case of analyzing changes caused by a collision between the Moon and