SK chief vows to speed up construction of new chip cluster in southwest
SK Group Chairman Chey Tae-won said Friday his business group will make efforts to build a new semiconductor cluster in the southwestern part of the country as quickly as possible to meet growing global demand. Chey made the remarks during a visit to Gwangju Air Base in the southwestern Jeonnam-Gwangju region, where SK hynix Inc. has proposed building a new chip cluster. "Once the conditions are met, we plan to build (the new cluster) as quickly as possible," Chey said. "Demand for chips is growing rapidly, and the current situation requires us to accelerate the pace of supply to keep up with demand," he added. The chairman said the group still needs to determine when construction will begin but stressed that it intends to break ground as soon as possible. Chey noted that demand for chips is expected to grow significantly, adding that the proposed cluster will be around two-thirds the size of the one currently under construction in Yongin, just south of Seoul. It marked Chey's first visit to the region since the conglomerate unveiled its building plan in June. Earlier in the year, SK hynix
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Samsung’s P9 and P7 portable SSDs supports USB4 and transfer speeds of up to 4,000MB/s
Samsung’s next-generation portable SSDs feature USB4 connectivity, delivering sequential read speeds of up to 4,000MB/s.
ASEAN’s startup ecosystem is entering its accountability phase
Every mature startup ecosystem has eventually faced a period the venture community refers to, after the fact and usually with discomfort, as its accountability phase. The United States went through one in the early 2000s, after Enron, WorldCom, and the broader dot-com governance cleanup. China went through one in the late 2010s, when Luckin Coffee […] The post ASEAN’s startup ecosystem is entering its accountability phase appeared first on e27.
OpenAI users in Russia, Iran used models to push political agenda online, in media
OpenAI banned several accounts associated with two propaganda operations based in Iran and Russia, respectively, it confirmed Thursday — the latter of which the tech company said had the greatest reach it has recorded since it began reporting on and disrupting such schemes. The influence operations used OpenAI models alongside "more traditional techniques and technologies...
Lawmakers concerned over Google's plan to acquire AI models from Spirit Airlines data
A bipartisan group of dozens of lawmakers led by Rep. Steven Horsford (D-Nev.) and Sen. Elizabeth Warren (D-Mass.) is concerned over Google’s plan to acquire Spirit Airlines data to train its AI models. A letter from the group, sent to Google CEO Sundar Pichai and Spirit CEO Dave Davis, took issue with a proposed $10...
Overwatch season 5 adds new hero, map and major changes
MANILA, Philippines — Blizzard Entertainment released Overwatch Season 5, “A Grim Doctrine,” on October 7, opening the final chapter of the game’s Reign of Talon storyline with new gameplay content, seasonal events and major hero changes. The update introduces Doctrine, a new Support hero with a violent history tied to Doomfist, after the latter breaks
Trump's rekindled alliance with Elon Musk on display at medal ceremony
President Trump heaped praise on Elon Musk on Thursday as he awarded the tech leader with the National Medal of Science, just a little more than a year after the high-profile relationship between the pair turned into an explosive public feud. Trump presented the SpaceX and Tesla CEO with the nation’s highest form of recognition...
Watch live: Trump to honor Elon Musk, tech leaders at science summit
President Trump is set to recognize some of the biggest names in technology Thursday at the Science: A New Golden Age summit in Washington. Trump will award the National Medal of Science to Tesla and SpaceX CEO Elon Musk, Google co-founder Sergey Brin, Nvidia CEO Jensen Huang and AMD CEO Lisa Su. Microsoft CEO Satya...
Vance says foreign workers at Microsoft will no longer be able to apply for permanent status
Vice President Vance said Thursday that foreign workers at Microsoft will no longer be able to apply for permanent resident status in the U.S. through an employer-based program, after he accused the company of abusing the process. The tech giant has been suspended from the permanent labor certification program, referred to as PERM, which allows...
NFL urges Supreme Court to take up prediction market dispute
The NFL urged the Supreme Court on Thursday to take up a case over who has the authority to regulate prediction markets, arguing that wagers on the platforms should fall under state gambling laws. The league filed an amicus brief as part of a dispute between Kalshi and the state of New Jersey, which has...
More threat data is useful only if security teams can act on it
Security teams have access to more threat intelligence than ever, but the volume of information can create another problem: figuring out what actually needs attention. Security Operations Centers are already handling large numbers of alerts every day, often with fewer people than they need. Attackers are also moving quickly, leaving analysts less time to determine
Samsung Electronics 1st Korean firm to top $80 bil. in quarterly operating profit
Samsung Electronics on Thursday estimated 107.4 trillion won ($80.28 billion) in operating profit for the third quarter, becoming the first Korean company to surpass 100 trillion won in quarterly operating profit. In a regulatory filing, the company said its third-quarter operating profit and revenue are each estimated at 107.4 trillion won and 195 trillion won, respectively. If the figures are finalized when the company announces its full earnings results on Oct. 29, they would represent year-on-year increases of 782.5 percent in operating profit and 126.6 percent in sales. Beside Samsung, no other company in the world expect for Saudi Arabia's state-owned oil company Aramco has posted a quarterly operating profit exceeding that amount. Aramco reported $86.5 billion in operating profit in the second quarter of 2022. The operating profit surpassed brokerages’ consensus estimate of 106.64 trillion won, though sales fell slightly short of the 200.64 trillion won forecast. The earnings are particularly significant as they exceeded expectations despite concerns that the Korean won's sharp
Hyosung Heavy Industries builds test facility for 2-gigawatt HVDC controller
Hyosung Heavy Industries, the power equipment and grid infrastructure unit of Korean conglomerate Hyosung Group, has built a facility to test the performance of its 2-gigawatt high-voltage direct current (HVDC) controller, marking a first for Korea using homegrown technology, the company said Thursday. The hardware-in-the-loop simulation system, recently installed at the company's research center in Gwacheon, Gyeonggi Province, links an actual HVDC controller to a simulated 2-gigawatt converter valve and power grid. This lets engineers check how the controller responds under conditions close to those of a real grid, the company said. HVDC technology converts alternating current into direct current to carry large amounts of electricity over long distances with less power loss. A 2-gigawatt system requires two to three times as many test scenarios, such as grid faults and emergencies, as a 200-megawatt one, according to the company. The simulator can reproduce hazardous situations that are difficult to test on a live grid and run them repeatedly over long periods, it said. Hyosung said it d
