Payments using facial recognition are growing in South Korea as the tech improves; Viva Republica has scaled its fintech app Toss' Facepay service to 1M+ users
SEOUL — Payments using facial recognition are becoming more widespread in cashless South Korea, as artificial intelligence and 3D photography increase accuracy.
Naver, the largest South Korean buyer of Nvidia chips, is pitching its AI cloud services as an alternative for countries reluctant to use US or Chinese systems
Naver targets countries reluctant to use American and Chinese cloud systems out of security concerns
A profile of China's memory chipmaker CXMT, whose $4.2B IPO goal would rank among the century's biggest by a chipmaker, as it faces US and South Korean curbs
As AI demand drives prices up, CXMT overcomes Washington's curbs to vie with Micron and South Korean leaders
A profile of June Paik, CEO of Seoul-based chip startup FuriosaAI, valued at ~$700M, whose AI chip dubbed “RNGD” is slated to enter mass production this month
June Paik spurned a takeover offer from Meta Platforms last year. Now his South Korean company, FuriosaAI, has an AI chip entering mass production.
Nvidia says it will supply 260K+ of its most advanced AI chips to the South Korean government and major companies, including Samsung, Naver, and SK Group
U.S. semiconductor leader Nvidia (NVDA.O) on Friday said it will supply more than 260,000 of its most advanced AI chips …
About 30% of South Korean schools have adopted AI-powered digital textbooks since the country's education ministry began a full-scale rollout in March 2025
JEJU, South Korea/TOKYO — Digital textbooks that make use of artificial intelligence are being adopted throughout South Korea.
Samsung has turned to Chinese customers like Baidu to prop up its ailing chip business; SemiAnalysis says Samsung is the “biggest supplier of HBM into China”
Deals with Chinese tech giant Baidu come as South Korean giant loses ground in US and navigates Washington's curbs
South Korean government data: semiconductor production fell 3% YoY in September 2024, the first decline in 14 months, indicating slowing demand for memory chips
Sam Kim / Bloomberg :
South Korean government data: tech exports slowed for a straight second month, indicating slowing global demand; DRAM had its slowest growth since December 2023
Sam Kim / Bloomberg :
South Korean President Yoon Suk Yeol says the country plans to invest ~$7B in AI by 2027, and will create a separate ~$1B fund to foster AI chip companies
South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9.4 trillion won ($6.94 billion) in artificial intelligence …