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Jung Yeon-je | Afp | Getty ImagesSouth Korea's dominance in the memory chip market and a robust artificial intelligence ecosystem gives it an advantage in the global AI chip race, said industry observers. South Korea dominating in the memory market is definitely an advantage," said James Lim, senior research analyst at Dalton Investments. "South Korea seeks to emerge as a prominent player in rapidly growing and promising areas such as AI semiconductors," said Lee. "South Korea has a robust local AI ecosystem, capable of competing with global tech giants," said Sung Nako, executive for large scale AI development at South Korean internet giant Naver. ChatGPT maker OpenAI's CEO Sam Altman had urged South Korea to lead AI chip production during his meeting with South Korean President Yoon Suk-yeol in June.
Persons: Jung Yeon, James Lim, Lee, Dylan Patel, SemiAnalysis, ., TrendForce, Sung Nako, Sam Altman, Yoon Suk, Altman, Dalton's Lim, Geoffrey Cain Organizations: Getty, Dalton Investments, CNBC, Samsung, SK Hynix South, Samsung Electronics, SK Hynix, Science, Micron, South, South Korean, Nvidia, Intel Locations: Seoul, Korea, South Korea, China, U.S
In this article NVDAQCOM6758.T-JPAMATAMD2330-TW.FKRX300MUAAPL Follow your favorite stocks CREATE FREE ACCOUNTSamsung's $17 billion new chip fab is under construction in Taylor, Texas, on April 19, 2023. CNBC recently went inside Samsung's Austin chip fab, for the first in-depth tour given on camera to a U.S. journalist. Samsung got its start in 1938 as the Samsung Sanghoe Trading Company, founded by Lee Byung-chull in Korea. Just a decade after making its first memory chip, Samsung was coming to market with a version that had 1,000 times the capacity. As consumers rein in their spending in the face of rising inflation, demand for memory chips has weakened sharply.
Persons: Katie Brigham, Jon Taylor, Patel, Jinman Han, Han, Lee Byung, Lee Kun, Geoffrey Cain, weren't, Apple, Cain, Jay Y, Lee, Yoon Suk, Joe Biden, Jonathan Ernst Organizations: AMD, Samsung, Taiwan Semiconductor Manufacturing Company, Intel, they'll, CNBC, Austin, Samsung Sanghoe Trading Company, Samsung Samsung, Samsung Electronics, Samsung TV, Hankook Semiconductor, Apple, Republic of Samsung, Samsung Electronics Pyeongtaek, Reuters Locations: Taylor , Texas, TSMC, U.S, Korea, New Jersey, Silicon Valley, South Korea, Republic of, Austin , Texas, Texas, Austin, Pyeongtaek
The effort to ban TikTok is back, and it could gain more strength after the midterm elections. Alex Brandon / AP fileExperts said there’s a steep hill to climb for those who want a total TikTok ban, but the midterms could provide a push. The renewed push for a TikTok ban or forced sale is taking place while the company is in negotiations with the Biden administration on a potential written security agreement. TikTok says it believes the agreement would address not only privacy concerns but how the app moderates content. Rubio is co-sponsoring legislation to ban TikTok from all U.S. government devices.
‘The Titanium Economy’ Review: Making It in America
  + stars: | 2022-10-13 | by ( Geoffrey Cain | ) www.wsj.com   time to read: 1 min
After many grueling nights designing and building a car in “makeshift tents,” Elon Musk emerged with a prescient lesson for Tesla. “The issue is not about coming up with a car design—it’s absolutely about the production system,” Mr. Musk said in 2019, during the unveiling of the car maker’s SUV, the Model Y. “You want to have a good product to build, but that’s basically the easy part. The factory is the hard part.”Mr. Musk wanted to take vertical integration—or control over the supply chain—to what he’s since called “absurd” heights. In February 2022, the federal government announced that supply-chain issues meant that American manufacturers had five days’ worth of chips in their inventories—an emergency shortage compared to their 40-day supplies three years earlier.
On Feb. 22, 2019, a man calling himself Matthew Chao knocked on the door of the North Korean embassy in Madrid, with a gift for the embassy’s highest-ranking official. The North Korean worker who answered the door escorted the visitor inside and went to fetch his boss. The North Korean captives probably thought the vigilantes were paramilitary operatives on a mission to kidnap or kill them. But “Matthew Chao” was an activist and human-rights campaigner, not an assassin. His real name was Adrian Hong Chang, and his plan was to fake a kidnapping of North Korean diplomat So Yun-suk, who had asked for his help defecting.
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