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News
Gender Minister: Google Must Take Responsibility for Failure to Protect Victims’ Data
5+ hour, 27+ min ago (106+ words) [Politics]: Gender Equality Minister Won Min-kyong says Google should take responsibility if it has broken any laws, in response to allegations that the global tech giant leaked the personal data of digital sex crime victims. The minister made the remark…...
Prime Minister Calls on S. Korea, Africa to Pursue Shared Prosperity through AI
2+ day, 4+ hour ago (104+ words) [Economy]: Prime Minister Han Seong-sook says South Korea and Africa should seize the AI transformation as an opportunity to move forward together and achieve shared prosperity. In congratulatory remarks delivered Tuesday at the opening of the eighth Korea-Africa Economic Cooperation…...
South Korea's Exports Surpass Last Year's Total, On Pace for $1 Trillion by December
6+ day, 3+ hour ago (103+ words) [Politics]: South Korea's exports have already surpassed last year's full-year total, with this year's cumulative figure crossing the 700 billion U.S. dollar mark. According to data released Saturday by the Korea Customs Service, cumulative exports this year reached 709-point-four billion dollars as......
Presidential Office: Chip Investments under Discussion with US
1+ week, 5+ hour ago (101+ words) [Politics]: The presidential office said Friday that South Korea’s semiconductor investment in the United States has become a subject of discussion between Seoul and Washington following a request from the U.S. side. A senior presidential official told reporters that there…...
Naver Cloud Consortium Picked to Develop AI Foundation Model for Cybersecurity
1+ week, 1+ day ago (98+ words) [Economy]: The government has selected a Naver Cloud consortium as the operator of a project to develop an AI foundation model specialized in cybersecurity. The science ministry announced the decision Thursday, saying two consortiums took part in the bid. The…...
New Jobs for Young People Fall to Record Low in Q1
1+ week, 5+ day ago (103+ words) [Economy]: The number of newly hired jobs for young people in South Korea fell to an all-time low in the first quarter. The Korean Statistical Information Service said Sunday that newly hired wage-paying jobs for people in their 20s and 30s totaled…...
Gov’t Establishes Ethical Standards for Development, Use of AI
2+ week, 4+ day ago (96+ words) [Domestic]: The government has established nationwide ethical principles to guide the development and use of artificial intelligence. The Ministry of Science and ICT and the Korea Information Society Development Institute said Monday that ministers overseeing science and technology held a…...
Motif Technologies Out as S. Korea's Sovereign AI Competition Narrows to 3
3+ week, 3+ day ago (100+ words) [Economy]: The government has eliminated AI startup Motif Technologies from its sovereign AI competition, narrowing the high-stake contest to three remaining groups. The Ministry of Science and ICT announced on Tuesday that Upstage, SK Telecom, and LG AI Research has…...
Exports in July Set New High of US$99 Bln amid AI-Driven Semiconductor Boom
3+ week, 3+ day ago (106+ words) [Economy]: Exports in July have set a new high for the month on the back of an ongoing AI-driven supercycle in semiconductors. Final data released by the Korea Customs Service on Tuesday showed exports surged 63 percent year-on-year last month to…...
KOSPI Plummets 4.58% Thursday
1+ mon, 5+ day ago (90+ words) [Economy]: The benchmark Korea Composite Stock Price Index plunged 301-point-88 points, or four-point-58 percent, on Thursday to close at six-thousand-296-point-38. The tech-heavy KOSDAQ gained two-point-08 points, or zero-point-26 percent, to close at 801-point-67. The South Korean won strengthened against…...