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South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand
3 minute read Yesterday at 3:32 AM CDTSEOUL, South Korea (AP) — South Korean tech giants Samsung Electronics and SK Hynix said Monday they will invest a combined 800 trillion won ($518 billion) in building a new computer chipmaking hub in the country’s southwest region, capitalizing on surging artificial intelligence -driven demand.
President Lee Jae Myung joined the companies’ chairs Monday in announcing the plan, which dovetails with the government’s efforts to expand investment beyond the greater Seoul metropolitan area, the country’s economic center and heart of its semiconductor sector.
The southwest has been a particular focus, as it lacks major industrial hubs and has historically trailed in economic development. The region has long been a political base for Lee’s liberal Democratic Party.
Samsung and SK Hynix, which together produce about two-thirds of the world’s memory chips, said they will each build two fabrication plants in the southwest, expanding beyond their existing manufacturing complexes in Gyeonggi Province, south of Seoul.
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WhatsApp will allow users to go by usernames instead of phone numbers, closing a privacy blind spot
3 minute read Yesterday at 11:01 AM CDTLONDON (AP) — WhatsApp users will soon get the option of going by usernames instead of phone numbers, the company said Monday, announcing plans to address a privacy blind spot.
The app said it has started allowing users to reserve unique usernames, which can be used to contact WhatsApp users when the feature is launched later this year.
WhatsApp, which says it has more than 3 billion users globally, has until now allowed users to be contacted by anyone who has their phone number.
The app, owned by Meta Platforms, said in a blog post that over the “coming months” users will get the option to be found and contacted only by their username, and not their number. It wasn't more specific about the timeline.
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