Concerns are growing that the technological gap between China's CXMT and Korean memory makers Samsung Electronics and SK hynix in DRAM technology has already narrowed, after the Chinese company unveiled plans to launch server memory product by the end of this year featuring a next-generation memory cell architecture that remains only on the technology road maps of the two Korean chipmakers. According to South China Morning Post and other Chinese media outlets, CXMT President Cao Kanyu said the company plans to roll out a new server DDR5 based featuring the new architecture during an industrial event in Shanghai on Saturday. The new architecture uses a design called 4F square, which reduces the space occupied by each memory cell. F refers to the minimum line width that a given DRAM manufacturing process can draw. In current processes such as 1a, 1b and 1c, F is just over 10 nanometers. 4F square means each cell occupies an area equivalent to four times F squared. The current industry standard is 6F square, meaning the new technology could theoretically reduce the area occupied by each me

MetLife Korea relocated its headquarters from Gangnam District in southern Seoul to the central part of the capital, the insurer said Tuesday. MetLife Asia Regional President Lyndon Oliver, MetLife Korea CEO Song Young-rok and other executives and employees marked the opening of the new office at a commemorative ceremony, Oct. 6. The move to Jongno District brings teams that had previously been spread across different floors into a more integrated workspace, with the aim of improving communication and collaboration across the life insurer’s departments and speeding up efficient decision-making. Built around the concept of “MetLife Village,” the company said its office incorporates several traditional Korean design elements, including “giwa” (curved roof tiles) and “obangsaek” (five colors associated with the cardinal directions). “The new office marks an important milestone in our more than 30 years of serving customers in Korea and underscores our long-term commitment to this market,” Oliver said. “By bringing our teams together in a more connected environment, we ar

Kakao showcased an artificial intelligence (AI) assistant, Kanana Space, for KakaoTalk on Tuesday, outlining plans to turn its flagship messenger into an interface for managing messages, schedules and shopping across its service ecosystem. “Over the past 15 years, Kakao has connected people with everyday life and bridged online and offline experiences with the goal of connecting everything in the world,” the company’s CEO Chung Shin-a said during its annual if(Kakao)26 conference at Kakao AI Campus in Yongin, Gyeonggi Province. “We now aim to take the connections we have built to a new level.” The service, which is slated to begin a closed beta test in December, can be accessed from anywhere in KakaoTalk by swiping the screen with two fingers. Users can interact with it through voice or text to retrieve information from conversations, organize unread messages, manage schedules and adjust app settings. Kanana Space is designed to go beyond answering questions by using context from users’ past interactions to complete tasks. In a demonstration, the assistant identified work-rel

The rivalry between Korean tech giants Toss and Naver has escalated into a public dispute, with both sides trading accusations of unfair business practices, drawing scrutiny from lawmakers, industry officials said Tuesday. The latest dispute centers on Naver's exclusion of Toss Place's point-of-sale (POS) system from a service that integrates merchants' transaction data with Naver's search and map services. The integration allows users to check information such as a restaurant's popular menu items and peak hours. Naver has integrated its platform with 15 other POS providers but has excluded Toss Place, according to Rep. Song Eon-seog of the main opposition People Power Party. Toss Place CEO Choi Jae-ho said the company had sought integration for two years but had received no clear explanation of the criteria for inclusion. Naver denied discriminating against Toss Place, saying it was gradually expanding integrations based on objective criteria. During a parliamentary audit Monday, the Fair Trade Commission said it would review both sides' claims to determine whether any unfair discrimina

Samsung Electronics Executive Chairman Lee Jae-yong will receive the company’s shares worth 2.6 trillion won ($1.94 billion) from his mother, former Leeum Museum of Art Director Hong Ra-hee. According to the company’s regulatory filing Tuesday, Hong will gift approximately 11.16 million shares of Samsung Electronics to Lee. The shares represent a 0.17 percent stake in the company and are worth approximately 2.6 trillion won based on Tuesday’s closing price. The gift agreement was signed Oct. 12, and the transfer is scheduled to be completed Nov. 12. Lee currently holds a 1.58 percent stake in the stake, and his holdings will increase to 1.75 percent when the transfer is completed. Hong's stake will decline from 0.99 percent to 0.82 percent. Samsung Life Insurance is Samsung Electronics' largest shareholder, with an 8.51 percent stake. Together with other Samsung affiliates, Hong, Lee, other family members and executives classified as related parties, the largest shareholder group holds 19.7 percent of the company's voting shares. The amount of gift tax is expected to be determined

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