Tag: south korea’s
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South Korea’s Son dismisses retirement talk
GUADALAJARA, Mexico, June 10 : South Koreacaptain Son Heung-min dismissed speculation on Wednesday that this will be his last World Cup as the 33-year-old looks to shake off a recent scoring slump heading into their first match against the Czech Republic.After years of carrying the national team, Son remains
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South Korea’s Kim hopes World Cup results make up for missing daughter’s birth
June 8 : South Korean goalkeeper Kim Seung-gyu missed the birth of his daughter this month due to his World Cup preparations, but the 35-year-old says he is determined to compensate for his absence with performances on the pitch.Kim, who is set for his fourth World Cup appearance, acknowledged the emotional c
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South Korea’s KOSPI craters over 8% as Fed fears spark tech rout
SEOUL, June 8 : South Korea’s stock benchmark plunged over 8 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally.The KOSPI fell 8.3 per cent to close at 7,
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South Korea’s Lee says success of business should be shared, plans surplus tax revenue use
SEOUL, June 8 : South Korean President Lee Jae Myung said on Monday the gains of business success should be shared throughout society and the government will devise a plan to effectively use the surplus tax revenues generated from the country’s semiconductor sector.Lee was speaking at a news conference markin
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South Korea’s Naver to build gigawatt-scale AI factories using Nvidia technology
SEOUL, June 8 : Nvidia said on Monday that South Korean internet conglomerate Naver would use its technology to build AI factories at gigawatt scale to meet rising global demand for AI services and physical AI.The project is aimed at serving growing global demand for AI services and physical AI applications,
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Nvidia announces deals with South Korea’s SK Hynix, Naver and Doosan for AI data centres
(Corrects key words for media clients to NVIDIA-SOUTHKOREA/ from NVIDIA-SOUTH KOREA/)By Heekyong YangSEOUL, June 8 : Nvidia on Monday announced deals with South Korea’s SK Hynix, Naver and Doosan Group to build AI data centres and use the U.S. chip firm’s technology, as it looks to continue driving th
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South Korea’s LG Group to adopt 10,000 Nvidia GPUs, Maeil says
SEOUL, June 4 : South Korea’s LG Group is adopting 10,000 GPUs from Nvidia, South Korea’s Maeil Business Newspaper reported on Thursday citing an unnamed industry source. The GPUs are expected to be used to train AI by LG’s AI research centre and a humanoid robot being developed by LG Electronics, Maeil said.
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South Korea’s KEPCO wins Saudi Jafurah power project, seen worth $1.4 billion
SEOUL, June 4 : Korea Electric Power Corp (KEPCO) said it had won a contract to build and operate the second phase of a cogeneration power plant at Saudi Arabia’s Jafurah project, expanding its presence in the kingdom’s energy market. The company expects total revenue of about 2.1 trillion won ($1.4 billion)
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