alchedek

‘alchedek’, an English magazine produced in Korea, contains information on Korea’s Economy, Business, Enterprise, Industry, and Culture.

alchedek • VOL. 02 NOVEMBER 2024

Realizing Infinite Possibilities of Life with Pioneer Spirit, Opening a Prosperous and Convenient Future • The 100 years of Samyang, built with a century of passion, have enriched and filled our lives with convenience. Now, it aims to strengthen existing businesses and enhance business structures in core business areas such as chemicals, food, pharmaceuticals and bio, and packaging. Through this, it intends to turn the potential of life into reality and prepare for the next 100 years. Let us envision the next 100 years of Samyang Group, a company that leads the era of the Fourth Industrial Revolution, making everyone's life prosperous and convenient.

Culture

The poetic prose that depicts fragile humans confronting intense historical traumas has achieved the milestone of ‘the first Nobel Prize in Literature for South Korea.’ • At around 7:50 PM, after finishing a book, taking a walk, and quietly having dinner with her son, she received a phone call. It was a call informing her of her Nobel Prize in Literature win. In the subsequent announcement, Mats Malm, the Permanent Secretary of the Swedish Academy, announced the 2024 Nobel Prize in Literature laureate as “South Korean author Han Kang!” and stated that the honor was awarded for her “intense poetic prose that confronts historical traumas and exposes the fragility of human life.”

Korea, a hyper-intelligent, hyper-connected society, leads the way in IT-based digital strategies for a sustainable future

SKT to lead the ICT industry in South Korea with its ubiquitous communication network and AI technology for the future • Generative AI, epitomized by ChatGPT, has changed the grammar of industry. For enterprises, the adoption of AI presents both new opportunities and risks of uncertainty. The telecommunications industry has been one of the first to recognize this opportunity. The telecommunications industry, which has focused on connectivity services through network construction, has begun to declare its transformation into an AI company. Beyond network automation management solutions, the telecommunications industry is laying the groundwork for a leap into global big tech by building its own large language model (LLM). SK Telecom, which has played a leading role in the development of South Korea’s telecommunications industry by making history as the world's first to commercialize CDMA (2G) mobile phone service in 1996, followed by LTE-A commercialization in 2013 and 5G commercialization in 2019, is now leading the expansion of AI in the telecommunications industry, starting with its own LLM, A.X. We follow in the footsteps of SK Telecom, which is challenging itself to transform into an AI company beyond expanding its domestic telecommunications network and IT infrastructure.

Combining trusted data and IT technology, dreaming and realising shared growth (Dream & Realise) • With a vision to be the best digital solution provider in Korea that supports smart decision-making for companies, NICE Data & Research has its eyes on the smallest gaps. NICE D&R's data and IT technology are connected to the infrastructure of a fair society that coexists with solutions to solve pain points experienced in the process of business operations. As a small but indispensable company in our society, NICE D&R, which claims to be a 'reliable long-term partner', is making our lives more convenient and richer today.

PropTech Takes a New Leap with Innovative Technology in Real Estate Services

A key policy research institute developing future strategies for balanced growth of the national territory and space • Korea's national territory is undergoing many changes, including the corona pandemic, climate...