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Industry

Semifive begins mass production of Samsung 4-nanometer AI inference accelerator

Semifive, a global AI custom semiconductor specialist, has begun large-scale production of a data-center AI inference accelerator. The company said it is mass-producing HyperAccel\'s inference accelerator, Verda, using Samsung Foundry\'s 4-nanometer process. It said this is its first large-scale production using Samsung\'s most advanced 4-nanometer node and expects further orders as HyperAccel expands services. Semifive reported 42.3 billion won in new mass-production orders in the first half.

People

Hanwha chairman Kim Seung-yeon gifts summer health meals to all staff, funded by 3 billion won personal money

Hanwha Group Chairman Kim Seung-yeon will give health food sets to about 69,000 domestic employees, with deliveries planned to each worker’s home, the group said on Tuesday. The 3 billion won cost will be covered by Kim’s personal funds. Kim thanked employees for their dedication in a message included with the gift. Hanwha also recently carried out promotions involving Kim’s three sons.

Industry

Hanwha launches Hanwha M&S intermediate holding company for tech and life businesses

Hanwha has launched an intermediate holding company grouping its tech and life affiliates, as the group moves to a more independent management system by business area. Hanwha Machinery & Service Holdings, or Hanwha M&S, held a launch ceremony in central Seoul on Sunday and declared its official establishment. The company spans two divisions and includes 57 affiliates worldwide. It plans to list on the Korea Exchange’s main board on Aug. 25.