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January 5
- Samsung and SK Electronics Respond to NAND Downturn with Cost Reduction and Equipment Retrofitting
➀ Samsung Electronics and SK hynix are implementing a 'cost reduction' investment strategy in response to the NAND downturn.
➁ They are reducing production of legacy NAND while retrofitting older equipment to newer models.
➂ This approach aims to utilize idle capacity for 8th and 9th generation NAND production.
October 6
- Samsung Electronics Q3 Earnings Outlook Likely to Miss Estimates➀ Samsung Electronics' third-quarter performance is expected to miss the market's expectations, with revenue in the 80 trillion KRW range and operating profit between 10 to 11 trillion KRW; ➁ Despite strong demand for AI memory, the memory cycle is slowing down, and factors such as the weak sales of flagship smartphones in the second half of the year are analyzed; ➂ Analysts have continuously lowered their expectations for Samsung Electronics' performance, with IBK Securities and Shinhan Investment & Securities recently downgrading their forecasts.
October 2
- The $199 Rabbit R1 is finally getting the AI feature that likely sold you on it in the first place➀ Santa Monica startup Rabbit has launched 'LAM playground', a feature that allows users to teach and store web-based procedures for its AI agents; ➁ The company has addressed many of the early concerns about the R1, including limited features and battery life, and is now focusing on the LAM playground; ➂ Users can train their R1 agents to navigate websites like Google, Walmart, and YouTube, and perform tasks like adding items to Amazon carts or booking Airbnb listings; ➃ The update requires an R1 update, which can be done automatically when connected to power.
September 18
- Apple Releases iOS 18: What New Features Have Been Added?1. New customization options for the home screen, including the ability to change icon colors and apply a dark mode; 2. Enhanced control center and customizable lock screen shortcuts; 3. Updated photo app design, new messaging effects and scheduled messages in the Messages app, and the addition of RCS messaging.
- GSMA Releases Responsible AI Maturity Roadmap for Telecommunications Industry1. The GSMA has published a Responsible AI maturity roadmap for the telecommunications industry; 2. The roadmap is designed to help telecom companies adopt responsible and ethical AI practices; 3. It includes guidelines for organizational vision, governance, regulatory compliance, ecosystem collaboration, and change management.
September 17
- Insuwave Systems CEO Recognizes CTO's 22 Years of Contribution with Stock Gift1. Insuwave Systems CEO, Se-seong Ahn, has gifted 6.1% of his shares, amounting to 900,000 shares, to the company's CTO, Wook-rae Kim, in recognition of the latter's 22 years of service and contributions to the company's technological innovation. 2. The stock transfer is set to take place on the 14th of next month, with protective measures in place, including a one-year ban on selling the shares. 3. Wook-rae Kim has played a key role in the company's R&D and has been awarded patents in various countries, demonstrating his significant contribution to the company's technological advancements.
- North Korean Hackers Distribute Malware on LinkedIn Targeting Crypto and Finance Professionals1. North Korean hacker group impersonates legitimate cryptocurrency exchange (DEX) company representatives on LinkedIn to gain access to the accounts of crypto and finance professionals. 2. Hackers engage in ongoing communication with the professionals and request them to execute specific code for coding tasks and testing purposes. 3. The malware installation allows cyber attackers to access company networks or systems for information theft or system attacks.
- Unregulated Secondhand Transactions of Health Functional Foods Rampant: 1,946 Sellers on Danggeun Market Violated Regulations1. The pilot project for secondhand transactions of health functional foods, such as ginseng and vitamins, has led to an increase in the sale of opened products and those past their consumption period. 2. A total of 1,946 sellers on Danggeun Market were penalized for violating regulations, including selling pharmaceuticals, overseas direct purchases, opened products, and items past their consumption period. 3. There are concerns about the insufficient government-level management and supervision, as the monitoring team for unfair secondhand transactions and regulatory violations consists of only five individuals from Danggeun Market, with additional oversight limited to the capital region by the Ministry of Food and Drug Safety.
- Home Depot Faces Overcharging Claims, Fines Expected1. Home Depot accused of overcharging customers at checkout; 2. Fined $20 million for scanner violations; 3. Must implement price accuracy program.
- Microsoft Unveils Next-Gen AI Hubot 'Copilot Page'1. Introduces Copilot Page, a new AI-powered collaboration platform; 2. Aims to accelerate enterprise innovation by integrating AI across all work processes; 3. Features real-time editing and collaboration capabilities, with a focus on cross-departmental synergy and efficiency.
- Chinese LCD Panel Makers to Reduce Production in Response to Price Decline1. Chinese LCD panel makers plan to significantly reduce factory utilization rates next month to artificially mitigate the price decline ahead of a major local holiday; 2. This move is expected to affect the profitability of South Korean TV manufacturers such as Samsung and LG; 3. Despite the shift towards OLED technology, the control of factory utilization rates by Chinese companies is anticipated to have a considerable impact on the overall LCD TV panel market.
- Microsoft Unveils Next-Gen Copilot, Accelerating Innovation Across the Board1. Microsoft unveils new Copilot service 'Copilot Pages' with a goal to integrate web and work processes; 2. The company aims to revolutionize work efficiency and collaboration with real-time AI interaction; 3. New features include AI-driven document creation, data analysis, and presentation building.
- TV Market Transformed: Samsung and LG Earn Money through Content1. Samsung and LG are shifting from hardware sales to generating revenue through software platforms; 2. Samsung TV Plus and LG Channels offer ad-supported streaming services with a variety of content; 3. Both companies are expanding their media and entertainment platform businesses and investing in platform capabilities.
September 15
- Docker to Increase Subscription Costs by Up to 80% in November1. Docker is set to increase subscription costs for its Pro and Team plans by up to 80% and 67%, respectively, in November. 2. The company is introducing new features such as Test Containers Cloud, which allows users to quickly set up and manage external resources for code testing. 3. Docker is also expanding the vulnerability analysis feature previously exclusive to the Business plan to the Scout and Team plans.
- 65% of Child Accidents Occur at Home; Tips for Ensuring Safety1. Child accidents at home account for about 65.1% of total incidents; 2. Kitchen accidents are a significant concern, with burns and cuts being common causes; 3. Simple safety measures such as turning off appliances and using safety devices can prevent many accidents.
- Disney, DirecTV Reach Settlement, Restore Channels1. Disney and DirecTV have resolved their business dispute; 2. ESPN and other Disney-owned channels have been restored for DirecTV subscribers; 3. DirecTV will offer bundled or standalone options for Disney+, Hulu, and ESPN+.
September 14
- McDonald's USA Extends $5 Meal Set Sales Until December1. McDonald's extends the sale of its $5 meal set in the U.S. until December; 2. The promotion includes a McDouble cheeseburger, small fries, 4-piece chicken nuggets, and a small drink; 3. The company aims to attract customers with affordable prices and various promotions.
- One in Ten Emergency Patients Unable to Find Hospital1. Emergency patients are increasingly unable to find hospitals through the regional emergency medical situation room; 2. The number of 'treatment not available' messages has reached 66,122 this year; 3. The situation is expected to worsen by the end of the year.
- Crafton Launches PUBG Mobile Pro Series 2024 Season 31. PUBG Mobile Pro Series (PMPS) 2024 Season 3 is set to run from September 14 to October 6; 2. The tournament features a total prize pool of 150 million won, with 50 million won allocated for each season; 3. The competition includes 16 teams, with the top 2 teams qualifying for the PUBG Mobile Global Championship (PMGC) 2024.
September 13
- Dongbang Medical Submits Securities Report, Aims for KOSDAQ Listing in November1. Dongbang Medical has submitted a securities report to the Financial Supervisory Service, aiming for a KOSDAQ listing in November; 2. The company specializes in traditional Korean medicine and aesthetic medical devices, with a focus on expanding its overseas markets, including China and the US; 3. It plans to use the funds raised through the IPO for production facility expansion and the establishment of overseas subsidiaries.
- Dunamu Decides on Interim Dividend of 100 Billion Won...Payment of 2,932 Won Per Share1. Dunamu announces interim dividend of 100 billion won; 2. Payment of 2,932 won per share; 3. Record date for dividend is set for September 10th, with payment to shareholders within a month.
- Labrador Labs Introduces SW Supply Chain Management Platform at CISA Event1. Labrador Labs showcased its SW supply chain management platform, 'Labrador SCM', at the CISA event; 2. The platform automates the creation, validation, exchange, and modification of SBOMs for software supply chain security; 3. Labrador Labs also introduced an open-source vulnerability and license compliance risk removal tool, 'Software Composition Analysis (SCA)' solution.
September 12
- Synapsoft Integrates Document Viewer Technology with Bucheon City Hall Website1. Synapsoft has integrated its document viewer technology with Bucheon City Hall's website to enhance accessibility for visually impaired individuals, expanding the scope of Braille conversion from web pages to attached documents. This collaboration is expected to make it easier for over 250,000 visually impaired people in South Korea to access educational materials and public documents. 2. Alserport has introduced the 'Remote View Box', a hardware solution for remote control that does not require the installation of additional software, ensuring it does not impact the performance of devices like CPU. This solution is designed to maintain usability on older operating systems for data center servers, POS machines, and ATMs. 3. Mooharyoo has integrated its AI-based recruitment solutions, 'Prism' and 'Monster', with NHR's recruitment solution 'CareerLink'. This integration allows users of CareerLink to access Prism and Monster without additional sign-ups, and these solutions are also available on various recruitment platforms.
- KT Alpha Shopping Offers Discount Sales on 'Premium Appliances for Me' During Chuseok Holiday1. Special broadcast and online sale of Roborock S8 Max Ultra at lowest price on September 18th; 2. Launch of Cozimadari massage chair 'Riener' with discount and installment benefits; 3. Rental special broadcast for Bodyfriend 'FalconS and FalconSV' with 6-month rental fee exemption.
- Aimweb: Gift-Giving Transactions Surge on Company's Own Mall Ahead of Chuseok1. Gift-giving transactions on Aimweb-based malls increased by 140% in the first week of September compared to the previous week; 2. Food and beverage category accounted for 75.8% of the total gift-giving transaction amount, with Korean beef and fruit gift sets being popular; 3. Fashion and beauty categories also saw increased sales, with perfume and home fragrance products being favored.
- ModooTour Customer Information Leaked Due to Malicious Code1. ModooTour's customer information was leaked due to a malicious code infection; 2. The breach occurred in June this year, with personal information such as names, IDs, birthdates, and phone numbers being compromised; 3. ModooTour has taken steps to address the issue, including deleting the malicious code, blocking external IP access, and enhancing security measures.
- Zero Trust Specialized Models Needed for Industries1. After 18 years, the government is relaxing network segmentation regulations, emphasizing the need for enhanced security technologies; 2. The National Intelligence Service has proposed a multi-level security system (MLS) roadmap to improve national network security policy; 3. The implementation of MLS will allow for the free use of AI and cloud services in public and financial institutions, enabling the integration of public data with AI services and the unrestricted use of open-source tools for development.
- KT Offers 'One Month's Usage Fee Reduction' for Internet Outage1. KT has announced compensation for customers affected by the internet and IPTV service outage on September 5th; 2. General customers will receive a reduction in one day's worth of internet and IPTV service usage fees, as well as a 10-fold equivalent of the outage duration; 3. Small business owners will be compensated with a full month's worth of internet service usage fees.
September 11
- KCL Signs Agreement with Taiwanese Electromagnetic Compatibility and Wireless Specialist Testing Agency CPC1. KCL and CPC aim to provide testing and certification services for electrical and electronic products to companies seeking to enter the Korean, Chinese, and Taiwanese markets; 2. The two institutions will also collaborate in areas such as testing and analysis, utilization of research and development facilities, joint research and development projects, and seminars and technical consultations; 3. KCL operates branches and sales offices in China to support global testing and certification for domestic and foreign companies, while CPC, established in Taiwan in 1994, has been supporting testing and certification for electrical and electronic products exported to China since 1998.
- Korea Hydro & Nuclear Power Signs Key Terms Agreement for Stable Nuclear Fuel Supply with Centrus1. Korea Hydro & Nuclear Power (KHNP) and Centrus have agreed on key terms for a long-term nuclear fuel supply contract; 2. The agreement is based on a memorandum of cooperation signed in February; 3. KHNP expects to diversify its nuclear fuel suppliers and strengthen strategic cooperation with Centrus, contributing to enhanced Korea-US nuclear cooperation.
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