Samsung Electronics introduces 2nd-generation AI model, Gauss 2

Samsung Electronics Co. on Thursday unveiled the Samsung Gauss2, the second generation of its generative artificial intelligence model, at an annual tech conference. During a keynote address of the online Samsung Developer Conference Korea 2024, the company highlighted the improved performance, efficiency and various application possibilities of its latest AI model. Samsung Gauss, first introduced last year, is aimed at enhancing the work efficiency of workers by facilitating tasks, such as comp

IndustryNov. 21, 2024

Celltrion to buy back its shares for 5th time this year

South Korean biopharmaceutical firm Celltrion Inc. said Thursday it will spend around 100 billion won ($71.5 million) to buy back its shares for the fifth time this year in a bid to increase its shareholder value. The buyback of a combined 583,431 shares will begin Friday, according to the company. It will mark the fifth share buyback by Celltrion this year, following such moves in March, April, June and October. The accumulative value of the company's share buyback this year is expected to

IndustryNov. 21, 2024

Court decides against live broadcast of opposition leader's sentencing hearing

A local court on Thursday decided against broadcasting live opposition leader Lee Jae-myung's upcoming sentencing hearing for allegedly suborning perjury. The Seoul Central District Court said it decided against broadcasting the sentencing scheduled for next Monday after considering the "legal benefits." Lee of the main opposition Democratic Party is set to be sentenced on charges of suborning a secretary of a former Seongnam mayor to make false court testimony in his favor in a 2

PoliticsNov. 21, 2024

Lotte Group says total assets stand at W139t, shrugging off liquidity concerns

Lotte Group, one of South Korea's largest conglomerates, on Thursday refuted concerns of a liquidity crisis, stating its total assets, including deposits, reached 139 trillion won ($99.4 billion) as of last month. The group's assets include 37.5 trillion won worth of shares, real estate valued at 56 trillion won, and disposable deposits of 15.4 trillion won, according to a statement. The clarification came in response to rumors suggesting Lotte may face a liquidity crisis due to challe

IndustryNov. 21, 2024

KBO to hand out MVP award, top rookie prize on Nov. 26

The South Korean baseball league will hand out its regular-season MVP award and the top rookie prize, among other trophies, in an annual ceremony next week. The Korea Baseball Organization said Thursday that the 2024 KBO Awards ceremony will take place at 2 p.m. Tuesday at Lotte Hotel World in Seoul. Leaders of major hitting and pitching categories will receive trophies, and the league will also recognize top defensive players at each position for the second annual KBO Fielding Award. The ceremo

BaseballNov. 21, 2024

SK hynix begins production of world's first 321-layer NAND flash memory chips

SK hynix said Thursday it has started mass production of the industry's first triple-level cell-based 321-layer NAND flash memory chips. NAND flash memory is a non-volatile memory storage medium widely used in memory cards, USB drives, solid-state drives (SSDs), and smartphones for general storage and data transfer. It stacks memory cells vertically and is categorized into single-, multi-, triple-, and quadruple-level cells. SK hynix announced that it has become the world's first suppl

TechnologyNov. 21, 2024

EU says T'way Air's commitments in Korean Air-Asiana merger fulfilled; final approval yet pending

South Korea's exports increased 5.8 percent on-year in the first 20 days of this month, driven primarily by strong global demand for semiconductors and ships, data showed Thursday. Outbound shipments reached $35.6 billion in the Nov. 1-20 period, compared with $33.8 billion tallied a year earlier, according to the data from the Korea Customs Service. Imports shed 1 percent on-year to $34.8 billion during the period, resulting in a trade surplus of $800 million, the data showed. In October,

IndustryNov. 21, 2024

[해커스 TOEIC] 토익 점수 Up 단어, Part 5 문제

2) 파트 5 3문제 1. ------- the contenders for the Employee of the Year award were announced, everyone began speculating who the winners would be. (A) Provided that (B) Soon after (C) No matter how (D) Even though 해석 올해의 직원상 후보자들이 발표된 후, 곧 모두가 누가 수상자가 될지 추측하기 시작했다. 해설 부사절 접속사 채우기 문제 ‘올해의 직원상 후보자들이 발표된 후, 곧 모두가 누가 수상자가 될지 추측하기 시작했다’라는 문맥이 되어야 하므로 ‘곧’이라는 뜻의 부사절 접속사 (B) Soon after가 정답이다. 어휘 contender 후보자, 경쟁자 speculate 추측하다 no matter how 어떻게 하든 2. Members of the au

English EyeNov. 21, 2024

US House passes N. Korean human rights reauthorization act

The US House of Representatives passed a bipartisan bill Wednesday to reauthorize and update the 2004 North Korean Human Rights Act aimed at promoting rights and freedom in the reclusive state. The House endorsed the North Korean Human Rights Reauthorization Act in a 335-37 vote, raising hopes of filling the legal void left by the expiry of the reauthorization act in 2022. First adopted in 2004, the North Korean Human Rights Act is periodically updated and reauthorized. The House bill has been s

Foreign AffairsNov. 21, 2024

Exports increase 5.8% in Nov. 1-20 period

South Korea's exports increased 5.8 percent on-year in the first 20 days of November, data showed Thursday. Outbound shipments reached $35.6 billion in the Nov. 1-20 period, compared with $33.8 billion tallied a year earlier, according to the data from the Korea Customs Service. Imports shed 1 percent on-year to $34.8 billion during the period, resulting in a trade surplus of $800 million, the data showed. In October, exports rose 4.6 percent on-year to $57.5 billion, the 13th straight mont

EconomyNov. 21, 2024

Actor Song Joong-ki welcomes second child in Rome

South Korean actor Song Joong-ki has announced the birth of his second child, a daughter, in Rome. "A beautiful princess was born very healthy," Song wrote on his official fan cafe Wednesday, sharing a black-and-white photo of his newborn daughter's hand. "I will take good care of my family here before returning to the filming set." The 39-year-old actor married former British actress Katy Louise Saunders in January 2023 and welcomed a son in Rome in June of the same yea

TelevisionNov. 21, 2024

Seoul shares start lower after Nvidia results

South Korean stocks opened a tad lower Thursday as investors remained cautious following US chip giant Nvidia's earnings report. The benchmark Korea Composite Stock Price Index lost 3.75 points, or 0.15 percent, to 2,478.54 in the first 15 minutes of trading. Overnight, US stocks ended mixed. The Dow Jones Industrial Average rose 0.32 percent and the Nasdaq Composite dropped 0.11 percent before Nvidia released its quarterly report after the bell. Nvidia reported third-quarter earnings that

MarketNov. 21, 2024

N. Korea, Russia sign protocol on expanding economic cooperation

North Korea and Russia have signed a protocol on expanding cooperation following their committee meeting on economy, science, and technology in Pyongyang, the North's state media reported Thursday. The two sides signed the agreement Wednesday after holding the 11th meeting of the Intergovernmental Committee for Cooperation in Trade, Economy, Science, and Technology the previous day, according to the Korean Central News Agency (KCNA). Yun Jong-ho, the external economic relations minister of

North KoreaNov. 21, 2024

German shepherds and French poodles... What about Korean Jindo?

On a crisp autumn Sunday morning in Seoul’s World Cup Park, the air buzzed with excitement — and the occasional bark. Sixty Jindo dogs, Korea’s national breed, gathered for a one-of-a-kind parade. The event, “Let’s Go for a Walk, Jindo” (literal translation), aimed to shift public perceptions of these loyal yet often misunderstood companions. “It’s very difficult for Jindo dogs to live in Korea,” said Kim Eun-ho, the event’s organizer

Hashtag KoreaNov. 21, 2024

Yoon returns home from APEC, G20 summits

President Yoon Suk Yeol arrived in Seoul on Thursday from an eight-day trip to Peru and Brazil where he sought to expand global solidarity against the deepening military cooperation between North Korea and Russia. Yoon attended the Asia-Pacific Economic Cooperation summit in Lima and then traveled to Rio de Janeiro to join the Group of 20 summit. In Lima, Yoon met with US President Joe Biden and Japanese Prime Minister Shigeru Ishiba to reaffirm their commitments to trilateral security cooperati

Foreign AffairsNov. 21, 2024

UN committee adopts resolution on N. Korean human rights for 20th straight year

A UN General Assembly committee on Wednesday passed a resolution on North Korean human rights for the 20th consecutive year, calling for the UN system to address the North's "grave" situation "in a coordinated and unified manner." The Third Committee handling human rights and social affairs adopted by consensus the resolution, which expressed concerns over the North's declaration not to pursue reunification with South Korea and called for repealing practices and law

Foreign AffairsNov. 21, 2024

[Herald Interview] Ahn Ye-eun returns as a storyteller with 'Story Bundle'

Singer-songwriter Ahn Ye-eun returns as a storyteller of whimsey and heartbreak with her new EP "Story Bundle." Since her debut eight years ago, Ahn has carved out a niche in the music industry, and her new album masterfully balances her style with the public's taste. "This time, I wanted to create music that listeners can approach more easily," Ahn explained. Ahn is known for her vocal tone -- resembling the style of Korean traditional singing, pansori -- and creative l

K-popNov. 21, 2024

[팟캐스트] (638) 공학 전환 논란에 동덕여대 학생들이 쏘아 올린 '여대 존폐' 논란

진행자: 박준희, Devin Whiting Student backlash erupts as Dongduk Women's University weighs coed future 기사 요약: 최근 동덕여대 교무위원회가 남녀공학 전환을 논의한다는 사실이 알려지면서 여자대학의 존치 필요성에 대한 찬반 논쟁이 다시 불 붙었다. [1] Dongduk Women's University, one of South Korea’s seven remaining women’s colleges, is weighing a possible shift to coeducation, a move igniting opposition among students who warn it could erode the institution’s mission of championing women’s empowerment and diminish women’

PodcastNov. 21, 2024

[Wang Son-taek] Guidance comes from Moon, not golf

With Donald Trump returning to the White House, leaders worldwide are grappling with the implications. Cooperation with the US president is critical for most countries, as it significantly affects their national interests. For South Korea, this is especially true. On issues of security and trade, collaboration with the United States is not just beneficial -- it is vital. Trump's past remarks, including a suggestion of demanding a $10 billion defense cost-sharing settlement from South Korea,

ViewpointsNov. 21, 2024

[Frank Pasquale] The coming battle over Trump tech policy

Over the past three years, one of the US’ top tech regulators has been Federal Trade Commission (FTC) Chair Lina Khan. Since publishing her remarkable Yale Law Journal article “Amazon’s Antitrust Paradox” in 2017, Khan has been a leading voice fighting concentrated corporate power and protecting consumers in the US Her FTC sued Amazon, and other big tech companies, for anti-competitive practices. It has also vastly improved its privacy enforcement efforts, and has compreh

ViewpointsNov. 21, 2024