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The onshore CNY is currently trading at 7.24 per U.S. dollar. The South Korean won recently slipped to an 18-month low of 1,389.5 against the dollar. The Bank of Korea chief called the won volatility "excessive" and said the central bank would intervene if needed. Taiwan dollarBofA also remains negative on the Taiwan dollar given strong equity outflows and life insurance companies' additional unwinding of non-deliverable forward hedges. The Taiwan dollar is currently trading at 32.6 per U.S. dollar.
Persons: SeongJoon Cho Organizations: Korean, Woori, Bloomberg, Getty, U.S, South Korean, Fed, Bank of Korea, U.S ., Taiwan Locations: Seoul, South Korea
SeongJoon Cho | Bloomberg via Getty ImagesInvestors have been monitoring for potential intervention in the Japanese yen, but recent comments have triggered discussion about "coordinated intervention" with South Korea. The currency has struggled, slipping past 150, since the Bank of Japan raised rates in March. Following that volatility, the U.S. last week acknowledged Japan and South Korea's "serious concerns" over the recent sharp depreciation in their currencies. The comments spurred chatter about possible coordinated currency intervention. Brady said South Korea and Japan could amplify their individual messages to the market by coordinating policy, which might also enhance the short-term impact compared to unilateral action.
Persons: SeongJoon Cho, James Brady, Brady Organizations: Korean, Woori, Bloomberg, Getty, U.S ., Bank of, South Korean, greenback, Authorities, Treasury, Bank of Japan Locations: Seoul, South Korea, Bank of Japan, U.S, Japan, South, Tokyo, Bank of Korea
Justine KurlandCasper previously appeared in a handful of images in "Highway Kind," Kurland's book published in 2016. “There’s certain kinds of ideas of normalcy (in) family life that, when you divert… it makes things significantly more complicated,” Kurland said. Casper became fascinated by trains, Kurland said, and he would often lead her to them. Justine KurlandLiving off irregular paychecks, Kurland and Casper would sometimes have to “hunker down” at campsites until a deposit came through. As “This Train” details, as much as the book is about their relationship, there’s other darker narratives implicit in Kurland’s images.
Persons: Justine Kurland’s, Kurland, Casper, “ Casper, , Justine Kurland, she’d, ” Kurland, , Justine Kurland Casper, Justine Kurland Kurland, Casper’s, Lily Cho, I’m Organizations: CNN, Mack Books Locations: stopovers, Casper
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKorean Air CEO: There's a lot of growth capacity in the air cargo marketWalter Cho, chairman and CEO of Korean Air, discusses the outlook for his company's travel and cargo services.
Persons: Walter Cho Organizations: Korean, Korean Air
Seoul, South Korea CNN —South Korea’s liberal opposition parties scored a landslide victory in a parliamentary election held on Wednesday, dealing a resounding blow to President Yoon Suk Yeol and his conservative party but likely falling just short of a super majority. A splinter liberal party considered allied with the DP was expected to take at least 10 seats, projections showed. It marked the highest ever turnout for a parliamentary election, though the numbers were down from the 2022 presidential vote that narrowly brought Yoon to power. Lee Jae-myung, leader of the Democratic Party, watches election results at his district office in Incheon, South Korea, on Thursday, April 11, 2024. “Given his likely lame duck status, the temptation for Yoon will be to focus on foreign policy where he will still have statutory power,” Richey said.
Persons: Yoon Suk Yeol, Yoon Suk, Lee Jae, myung, Lee, Yoon, , Kim Keon Hee, SeongJoon Cho, Mason Richey, , ” Richey Organizations: South Korea CNN, South, Democratic Party, National Election Commission, Dior, People Power Party, Election Commission, NEC, Bloomberg, Getty, Hankuk University of Foreign Studies Locations: Seoul, South Korea, Incheon
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. The opposition Democratic Party (DP), which already dominates the 300-member legislature, has accused Yoon and his conservative People Power Party (PPP) of mismanaging the economy and failing to rein in inflation during their time in office. PPP leader Han Dong-hoon said a big win by the DP, whose leader is facing corruption charges, would create a crisis for the country. He warned against giving the opposition an unprecedented super majority of 200 seats, which would strip Yoon of his veto power. "I hope the two-party structure will be broken somehow, and politicians will carry out practical policies for ordinary people."
Persons: Yoon Suk Yeol, Yoon, Han Dong, hoon, Kim Ji, yun, Jung Cheol, Cho Kuk Organizations: South, Election, Democratic Party, People Power Party, DP Locations: Seoul
Phillip Cho, a US Army sniper in the 11th Airborne Division based in Alaska. What I've preached for years now is that in order to be a successful sniper in the Arctic, you have to have imagination. We use different procedures in the Arctic versus the jungles of Asia or the deserts of the Middle East. Like other environments, water is a priority. The Arctic can be an insatiable beast and chews up some of the strongest soldiers that I've seen.
Persons: Phillip Cho, Cho, , It's, I've, Simo Häyhä, We've, We're, Wyatt Moore, fieldcraft, Staff Sergeant Phillip Cho Organizations: 11th Airborne Division, Service, US Army, Operations Command, U.S . Army, 75th Ranger, Pacific Multinational Readiness, Donnelly Training, U.S, Army, Spc, Public Affairs Detachment, Islamic, Staff Locations: Alaska, Finnish, That's, Asia, Base, Greenland, Korea, Iraq, Islamic State
A customer pays for his purchase at a dried food stall in Seoul, South Korea, on Thursday, March 3, 2022. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets were mixed Tuesday, as investors assessed economic data from South Korea and Australia. South Korea's March inflation rate held steady at 3.1%, in line with expectations from economists polled by Reuters. Factory activity data from India is also due later in the day, with economists polled by Reuters expecting a stronger PMI reading of 59.4. South Korea's Kospi was down 0.34% and the Kosdaq slid 1.11% after the inflation reading.
Persons: SeongJoon Cho, Kospi Organizations: Bloomberg, Getty Images Bloomberg, Getty, Reuters, Nikkei Locations: Seoul, South Korea, Asia, Pacific, Australia, India
Javier Torres | Afp | Getty ImagesA quiet revolution is underway to address a widely underestimated climate challenge: extreme heat. Myrivili said she believes that extreme heat is often overlooked because it lacks the visible drama of roofs being ripped from homes or streets being turned into rivers. Most people wouldn't know that in Australia, extreme heat kills more people than bushfires and floods and storms. Tiffany Crawford Co-chief heat officer of Melbourne, AustraliaThe CDC defines extreme heat as summertime temperatures that are significantly hotter and/or more humid than average. Melbourne, AustraliaTiffany Crawford, co-CHO of Melbourne, told CNBC that extreme heat kills more people in Australia than bushfires, floods and storms.
Persons: Javier Torres, Eleni Myrivili, CHO, Myrivili, Tiffany Crawford Co, Jane Gilbert, We've, Gilbert, Giorgio Viera, Afreen, Dhaka North's CHO, Bushra, Australia Tiffany Crawford, Crawford, Krista Milne, Diego Fedele Organizations: Afp, Getty, CNBC, Centers for Disease Control, CDC, Dade, Dhaka North, Dhaka North's, Nurphoto, Environmental, Station Locations: Quilpue comune, Valparaiso region, Chile, Athens, U.S, Australia, Melbourne, Miami, Miami , Florida, Dhaka, Bangladesh, Australian
"So Bixby has been a key voice assistants voice assistant for Samsung not just for the mobile devices, but also for TVs and digital appliances that exist in Samsung's ecosystem. So it has been the core voice assistant assistant so far," Won-joon Choi, executive vice president at Samsung's mobile business, told CNBC in an interview last month. Choi did not give a timeline when Bixby may get generative AI features, but said that Samsung is "working so hard" to deliver them. Samsung's focus on the technology comes at a time when investors are scrutinizing what Apple will deliver when it comes to generative AI. Apple announced it would hold its annual developers conference, WWDC, in June, when the company is largely expected to talk up some AI features across its products.
Persons: SeongJoon Cho, Bixby, Samsung's Bixby, joon Choi, Choi Organizations: Samsung Electronics Co, Samsung, Bloomberg, Getty, CNBC, Galaxy, Google, Apple Locations: Seoul, South Korea
Please note, that Abbott Laboratories is not listed below as we did not own the name before the company's earnings release. Meta Platforms had one of the best earnings reports of the entire season, as sales, earnings, and cash flow trounced expectations. Despite missing earnings expectations, Coterra Energy delivered where it matters most: discretionary and free cash flow. Honeywell 's earnings results weren't great, with sales missing across the board and segment profit results coming up mixed. Given the stock's reaction, one might wonder why we don't think the earnings results from Palo Alto Networks were flat-out ugly.
Persons: we've, Eaton, Eli Lilly, Mounjaro, Bausch, Estee Lauder, Fabrizio Freda's, Linde, shouldn't, Morgan Stanley, Procter & Gamble, Stanley Black, Decker, We're, Wells Fargo, Nikesh Arora, Palo, they've, Locker, Jim Cramer's, Jim Cramer, Jim, Satya Nadella, Nadella, SeongJoon Cho Organizations: Abbott Laboratories, Wall, GE Healthcare, Meta, Microsoft, Investors, Nvidia, Wynn Resorts, Pharmaceuticals, Broadcom, Coterra Energy, Disney, Federal Deposit Insurance Corporation, Procter &, TJX, Google Services, Constellation Brands, Costco Wholesale, Costco, DuPont, Honeywell, Palo Alto Networks, Palo Alto, Management, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, Ford, China, Macao, Las Vegas, Boston, Wells Fargo underdelivered, Seoul
SEOUL, South Korea (AP) — South Korea's government criticized senior doctors at a major hospital for threatening to resign in support of the weekslong walkouts by thousands of medical interns and residents that have disrupted hospital operations. But in some major hospitals like the Seoul National University Hospital, they account for about 30%-40% of the total doctors, assisting senior doctors during surgeries and dealing with inpatients while training. Their walkouts have subsequently caused numerous canceled surgeries and other treatments at their hospitals and burdened South Korea’s medical service. But doctors say newly recruited students would also try to work in the capital region and in high-paying fields like plastic surgery and dermatology. Critics say doctors — one of the best-paid professions in South Korea — are only worrying about the possibility of a lower income in the future.
Persons: JaeSeung, Park, Cho KyooHong Organizations: Seoul National University Hospital, Health Locations: SEOUL, South Korea, South
An inflatable bull during a ceremony marking the first day of trading of the year at the Korea Exchange (KRX) headquarters in Seoul, South Korea, Tuesday, Jan. 2, 2024. SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesSouth Korea's Japan-style measures for improving corporate governance may not be enough to boost its undervalued stock markets and tackle the so-called "Korea discount." Asia's fourth-largest economy is striving to boost stock market valuations that are considered much lower compared to peers, with analysts referring to the phenomenon as the "Korea discount." The 'chaebol' problemSouth Korean markets are made up of corporations called "chaebols," which are large family-owned global conglomerates, typically controlled by the founder's family. "The behavior that leads to South Korea's low stock prices is motivated, and therefore seeking to coax South Korean controlling families into 'being nice' to minority stockholders is unlikely to be successful," Pines said.
Persons: SeongJoon Cho, James Lim, Jonathan Pines, Federated Hermes, Daniel Tan Organizations: Korea Exchange, Bloomberg, Getty Images Bloomberg, Getty, Financial, FSC, Samsung Electronics, LG, SK, Hyundai, Dalton Investments, Japan, Korean Stock Exchange, Federated, Grasshopper Asset Management, CNBC Locations: Seoul, South Korea, Japan, Korea, Tokyo, Asia, Singapore
Companies like Qualcomm and MediaTek have launched smartphone chipsets that enable the processing power required for AI applications. Large language models are huge AI models trained on vast amounts of data that underpin applications like the widely popular chatbots. The other big part of the AI smartphone puzzle is the term "on-device AI." Previously, many AI applications on devices were actually partly processed in the cloud, then downloaded onto the phone. Smartphone makers say on-device AI improves the security of gear, unlocks new applications and also makes them faster, since the processing is done on the handset.
Persons: SeongJoon Cho, OpenAI's ChatGPT, Bryan Ma, Ma, Ben Wood, Wood Organizations: Samsung Electronics Co, Samsung, Bloomberg, Getty, Mobile World Congress, MWC, IDC, CNBC, Qualcomm, MediaTek, CCS Insight Locations: Seoul, South Korea, Barcelona, Spain
South Korea digital nomad visa: what to know
  + stars: | 2024-02-22 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +6 min
According to a report in the Korea Herald, South Korea’s Justice Ministry says the digital nomad visa will make remote work and vacations smoother for visitors. The site ranks South Korea highly for nightlife and youth culture, but gives lower marks for LGBT acceptance and English-language accessibility. Meanwhile, South Korea places 49 out of 113 countries on the English Proficiency Index, which puts it in the “moderate” category. Still, Humphries is undeterred in his quest for the South Korea “workation” visa and plans to base himself in Seoul if approved. “The South Korean digital nomad visa is a great step forward for allowing foreigners to reside in the country,” he says.
Persons: Ashley Humphries, he’s, Humphries, Jungho Suh, , Suh, ” Jeong Hyun Cho, Jeong, Ed Jones, Gawon Bae, Veronica Lin Organizations: CNN, South Korean, Korea Herald, Korea’s, Ministry, Korean Management Institute, George Washington University, Korea –, Statistics Korea, Human Rights Commission, South Korean Society, Digital Nomads Korea WhatsApp, Getty, Foreigners, South Locations: South Korea, Asia, Dubai, Cayman Islands, Korea, Hong Kong, Thailand, Indonesian, Bali, South, Seoul, AFP, Korean, expats, Turkey, Norway, Kuwait, North America, Singapore, Japan
SolarEdge might not recover until early 2025 as the company remains saddled with inventory in Europe and faces weak demand in the U.S., signs that the residential solar market in particular is struggling to bounce back in the face of high interest rates. Citi said SolarEdge remains a high-risk stock with the investment bank slashing its price target by $6 to $83. Cho rates SolarEdge as underweight with a price target of $50, implying 40% downside from Tuesday's close. SolarEdge CEO Lando did provide some brighter news Tuesday, forecasting that the European residential solar sector will bottom in the current quarter and improve thereafter. Investors might receive further insight on where the solar market goes from here when residential installers Sunrun and Sunnova report earnings after the bell Wednesday.
Persons: Zvi Lando, Goldman Sachs, Brian Lee, SolarEdge, Vikram Bagri, Bagri, Ronen Faier, Christine Cho, Cho, Enphase, Badri Kothandaraman, Kothandaraman, Lando, — CNBC's Michael Bloom Organizations: Citi, Barclays, CNBC, Investors Locations: Europe, U.S
Business Insider asked florists about mistakes people make when buying flowers. AdvertisementAhead of Valentine's Day, Business Insider asked florists to share mistakes people make when buying and ordering bouquets. Colleen McGing , a floral and event designer, told Business Insider that consumers might get a better value by trusting the pros. “Florists aren’t equal, so it’s important to read reviews, look for certifications, and ensure a florist’s professionalism and reliability before ordering,” he told BI. Factor in hidden costs and delivery fees when ordering flowers onlineWhen ordering flowers online, beware of add-on costs that can make an arrangement cost significantly more than you'd think.
Persons: , florists, aren't, Colleen McGing, , McGing, Igor Podyablonskiy, Podyablonskiy, Elena Noviello, Rachel Cho, Cho, Alexander Spatari, premade, ” McGing Organizations: Service, Business, Research
How a Dior bag shook South Korean politics
  + stars: | 2024-02-09 | by ( Yoonjung Seo | Nectar Gan | ) edition.cnn.com   time to read: +15 min
Seoul, South Korea CNN —South Korean President Yoon Suk Yeol is months out from a crucial election seen as a barometer of his mid-term popularity, but surveys show he has a big problem – the latest scandal surrounding his wife. “But with the Dior bag, there is this powerful visual evidence.”South Korean President Yoon Suk Yeol and his wife, Kim Keon Hee, attend an Independence Movement Day event in Seoul on March 1, 2023. The channel also provided Choi with the wristwatch and the Dior bag, according to the pastor. By appearing to not reject the bag, Kim gave ammunition to critics who have long accused her of using her position for personal gain. In a Gallup Korea survey last month, 56% of respondents said Kim should apologize for allegedly receiving the Dior bag.
Persons: Yoon Suk Yeol, Kim Keon Hee, Yoon, Kim, Dior, , , Cho Hee, Jung Yeon, Choi Jae, Choi, Yoon Suk, ” Yoon, Shin Pyeong, , Cho, it’s, Hongik University Choi, Kim Yun, Park, hye, Patrick van Katwijk, Marie Antoinette, Han Dong, Han, he’d, Leon Neal, ” Kim, ” Kim Yun, Kyung Hee University “ She’s, Deutsch, Kim’s Organizations: South Korea CNN — South, CNN, Hongik University, , Getty, of, KBS, Kyung Hee University . South, Gallup Korea, Gallup, Power Party, Democratic Party, PPP, South, Kyung Hee University, Kookmin University, Deutsch Motors, BMW Locations: Seoul, South Korea, American, of Seoul, North Korea, Pyongyang, Netherlands, Gallup Korea, Bali , Indonesia, Korea
By Ju-min ParkSEOUL (Reuters) - South Korea's intelligence agency says poor conditions for North Koreans working overseas have led to "incidents and accidents", while researchers report rare protests and unrest in China among workers from a North Korean military-linked trading company. Fed up with unpaid wages and lingering pandemic lockdowns, as many as 3,000 North Korean workers in China staged protests last month, according to two South Korean government-affiliated researchers, including a former North Korean diplomat. The North Korean embassy in Beijing and its consular office in the Chinese border city of Dandong did not respond to calls from Reuters seeking comment. South Korea's unification ministry said in a report last year that China and Russia were hosting North Korean workers despite the sanctions. That's not easy now, given the North Korean regime wants to keep them in China to raise money for the government."
Persons: Cho Han, Cho, Ko Young, Ko, Jimin Jung, Josh Smith, Eduardo Baptista, Antoni Slodkowski, Laurie Chen, Gerry Doyle Organizations: North, . State, Korea Institute for National, South, Korea's National Intelligence Service, Security, Koreans, U.S . State Department, NIS Locations: SEOUL, China, North Korean, Beijing, Dandong, North Koreans, North Korea, Pyongyang, Korean, Helong, Jilin province, Jilin, Russia, Seoul
BEIJING (Reuters) - China hopes South Korea will pursue a "positive, objective and friendly" policy towards Beijing, foreign minister Wang Yi said in a phone call with his South Korean counterpart on Tuesday. China and South Korea have close economic ties, and should work together to maintain the stability and smooth flow of industrial and supply chains, China's foreign ministry quoted Wang as saying in a statement. During the phone call, South Korean foreign minister Cho Tae-yul asked China to play a "constructive role" in curbing North Korea's military threats, and to help North Korean defectors not to be sent back home against their will, South Korea's foreign ministry said in a statement. Wang has invited Cho to China and both countries would continue to discuss Cho's visit, the ministry said. (Reporting by Ethan Wang, Ella Cao, Ryan Woo and Ju-min Park; Editing by Alison Williams and Stephen Coates)
Persons: Wang Yi, Wang, Cho Tae, yul, Cho, Ethan Wang, Ella Cao, Ryan Woo, Alison Williams, Stephen Coates Organizations: South Korean Locations: BEIJING, China, South Korea, Beijing, North
Even on a chilly Monday evening, the wait at Cho Dang Gol was more than an hour. Crowds of 20-somethings spilled out of the homey restaurant in Manhattan’s Koreatown, where steam billowed from stone bowls of soondubu jigae in a dining room ornamented with paper lanterns and musical instruments. Some hopeful customers peeked inside, anxious to see if a table had opened up. A few blocks away, diners at Hojokban — a sleeker, more modern restaurant that opened last fall — eagerly snapped photographs of a plate of fried-rice wearing an empty Shin Ramyun noodle cup like a hat. A little to the south, Atomix, a Korean fine-dining restaurant with two Michelin stars, was booked solid through the next month.
Persons: Dang Gol, Organizations: Michelin Locations: Manhattan’s Koreatown, Atomix, Lysée, Korean
CNN —A dazzling extra-time free kick from talisman and captain Son Heung-min sealed a dramatic victory for South Korea in the Asian Cup quarterfinals against Australia, continuing its habit of nervy, sensational finishes in this tournament. And against Australia, South Korea was trailing 1-0 almost four minutes into stoppage time. “The most important thing is we get the result,” Son said afterwards, per the Asian Cup website. Son's goal sealed South Korea's place in the Asian Cup semifinals. Xia Bohan/VCG/Getty Images“It was another drama,” said South Korea manager Jürgen Klinsmann, according to the Asian Cup wesbite.
Persons: Son Heung, Cho Gue, Son, Hwang Hee, Matty Ryan, ” Son, Craig Goodwin, Jo Hyeon, Connor Metcalfe, Goodwin, Nathaniel Atkinson, Jo, Graham Arnold, Aidan O’Neill, Xia Bohan, , Jürgen Klinsmann, “ I’m, Jordan Organizations: CNN, South, Australia, Warriors, Tottenham, Kyodo, Socceroos, Taegeuk Locations: South Korea, Saudi Arabia, Australia
Hundreds of protesters stormed Hong Kong's Legislative Council building on July 1, 2019, after a protest march against a proposed extradition bill that would have allowed authorities to send individuals to mainland China for trial. District Court Judge Li Chi-ho found four people including Ho Chun-yin, actor Gregory Wong, Ng Chi-yung and Lam Kam-kwan guilty of rioting. During the trial, Gregory Wong told the court he entered the legislative council solely to deliver two chargers to reporters who were covering the break-in by protesters. Three Hong Kong police officers met him in Shenzhen and said he had to cooperate or else he would not be able to return to Hong Kong. Hong Kong's district court sets a maximum of seven years in prison for rioting.
Persons: Jessie Pang, Edward Cho HONG, Li Chi, Ho Chun, Gregory Wong, Ng Chi, Lam Kam, kwan, Lam, Wong Ka, Ma Kai, Wong, Althea Suen, Ventus Lau, Owen Chow, Edward Cho, Farah Master, Lincoln Organizations: Reuters, Hong, Legislative, Hong Kong, Hong Kong . Police, University of Hong Locations: Edward Cho HONG KONG, Hong Kong, China, Legco, Shenzhen, Hong Kong's
CNN —South Korea was on the verge of being eliminated from the AFC Asian Cup after going 1-0 down against Saudi Arabia, but managed to turn things around with a late equalizer from Cho Gue-sung followed by a decisive 4-2 penalty shootout win. Giuseppe Cacace/AFP/Getty ImagesSouth Korea managed to grow into the game and began to rain chances down on the opposition goal late on. Saudi Arabia goalkeeper Ahmed Al-Kassar was called into action to deny Hwang In-beom and Seol Young-woo as the game ticked towards the final whistle. Hassan Tambakti of Saudi Arabia and South Korea captain Son Heung-Min battle for the ball. Robert Cianflone/Getty ImagesSouth Korea keeper Jo Hyeon-woo played hero in the shootout, saving Saudi Arabia’s final two spot-kicks before Wolves’ Hwang fired his deciding penalty into top corner, punching South Korea’s ticket to the quarterfinals.
Persons: Cho Gue, Roberto Mancini, Saleh Al, Ali Lajami, Salem, Abdullah Radif, slotting, Radif, Giuseppe Cacace, Ahmed Al, Kassar, Hwang, Seol Young, Cho, Hwang Hee, Hassan Tambakti, Son Heung, Robert Cianflone, Jo Hyeon, Wolves ’ Hwang, Jürgen, , , Klinsmann Organizations: CNN, AFC Asian, Manchester City, Green Falcons, Getty, Warriors, Saudi, Wolves, South, US men’s, , Australia –, Tottenham Hotspur Locations: South Korea, Saudi Arabia, Italy, AFP, Korea, Saudi, Indonesia, ” South Korea
Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world's most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesBaidu AI Cloud will be integrating its Ernie chatbot into Samsung's Galaxy S24 smartphones, allowing users to translate calls in real time, among other features. Ernie is the Chinese tech giant's answer to OpenAI's ChatGPT, a chatbot powered by artificial intelligence technology that's able to generate humanlike responses to users' prompts. Baidu claims it is the "most powerful version of Ernie foundation model to date," with the full capabilities of understanding, generation, reasoning, and memory.
Persons: SeongJoon Cho, Ernie chatbot, Ernie, OpenAI's, Apple Organizations: Samsung Electronics Co, Samsung, Bloomberg, Getty, Baidu, Samsung's, Apple, IDC, Vivo, Huawei Locations: Seoul, South Korea, China
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