AI Exaone platform
Scope
Date
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Electronics
LG Elec sees AI air conditioner sales 30% increase in Q1
LG Electronics Inc. announced on Friday that the sales of air conditioner models equipped with artificial intelligence (AI) features in the Whisen l...
Apr 19, 2024 (Gmt+09:00)
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REITs
Koramco, Fi-public to collaborate on mobile REIT investment
South Korea's Koramco REITs Management and Trust announced on Friday that it plans to launch a personal REIT investment service utilizing a mobile p...
Apr 19, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix, TSMC tie up to stay ahead of Samsung for HBM supremacy
South Korea’s SK Hynix Inc. said on Friday it is partnering with Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop next-generat...
Apr 19, 2024 (Gmt+09:00)
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Upcoming IPOs
Korea’s vision AI startup Superb AI eyes IPO in H1, 2026
South Korea’s promising vision AI platform developer Superb AI Inc., which has recently added generative AI to its business portfolio, is seek...
Apr 18, 2024 (Gmt+09:00)
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Artificial intelligence
LG Uplus to ramp up AI investment by up to 40% in 2024
SILICON VALLEY – LG Uplus Corp., the third-largest mobile carrier in South Korea seeking to transform into a platform company, will expand its...
Apr 18, 2024 (Gmt+09:00)
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Electronics
Samsung unveils 2024 AI TV lineup in India
Samsung Electronics Co. launched its 2024 new TV lineup with enhanced AI functions at the Samsung Opera House in Bengaluru, India, on April 17.At th...
Apr 18, 2024 (Gmt+09:00)
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Electronics
With AI tech, Samsung Electronics on par with Apple: Han Jong-hee
MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end ...
Apr 17, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to mass-produce industry’s fastest LPDDR5X DRAM in H2
South Korean tech giant Samsung Electronics Co. said on Wednesday it has developed an LPDDR5X DRAM chip that supports the industry’s fastest d...
Apr 17, 2024 (Gmt+09:00)
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Private equity
Affinity to buy SK Rent-a-Car at $572 mn, more deals expected
Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...
Apr 16, 2024 (Gmt+09:00)
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Artificial intelligence
Korea's AI startup Upstage raises $72 mn for global expansion
Upstage, South Korea’s artificial intelligence startup, raised about 100 billion won ($72 million) in its latest funding round, which the comp...
Apr 16, 2024 (Gmt+09:00)
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Electronics
Samsung, LG look to Europe with AI-powered built-in kitchen appliances
MILAN, ITALY – Samsung Electronics Co. and LG Electronics Inc. are big names in the US home appliances market. The two South Korean electronic...
Apr 15, 2024 (Gmt+09:00)
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Electronics
Samsung to deploy smart home services in Miami
Samsung Electronics Co. announced on Sunday that it will deploy smart home services in the Miami residential complex, Florida with the US-based re...
Apr 15, 2024 (Gmt+09:00)
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Artificial intelligence
Lotte Innovate, Kolon Benit to cooperate on AI Solutions
South Korea’s Lotte Innovate (formerly, Lotte Data Communication Co. ) announced that it signed a memorandum of understanding (MOU) with Kolon...
Apr 15, 2024 (Gmt+09:00)
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Energy
Power transformer sales explode on AI boom: HD Hyundai Electric CEO
Cho Seok, chief executive of HD Hyundai Electric Co., is an outsider at Korea Inc.When he was named CEO of the power equipment maker in December 201...
Apr 12, 2024 (Gmt+09:00)
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Artificial intelligence
Kakao joins open-source community AI Alliance
Kakao Corp. announced on Friday that it joined the global open-source community The AI Alliance to support AI research and development.Established i...
Apr 12, 2024 (Gmt+09:00)
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Artificial intelligence
Hanwha Vision unveils cloud, AI security techs in US
South Korea's Hanwha Vision Co. announced on Friday that it participated in the International Security Conference & Exposition (ISC) 2024, the l...
Apr 12, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS hosts Startup Day in Silicon Valley
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it held the Startup Day i...
Apr 11, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung Galaxy AI expands to 16 languages
Samsung Electronics Co. announced on Thursday that it is expanding the translation and communication language support of Galaxy AI, first introduced...
Apr 11, 2024 (Gmt+09:00)
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Regulations
Carcinogens found in kids' goods sold on Chinese apps; Temu under probe
South Korea is looking into Chinese online shopping platforms as some products, including some for children, were found to contain cancer-causing su...
Apr 08, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s LG telecom unit unveils AI agent with own technology
LG Uplus Corp., South Korea’s No. 3 mobile carrier, has introduced an artificial intelligence agent platform based on its own ixi AI technolog...
Apr 08, 2024 (Gmt+09:00)
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E-commerce
Coupang's PB SMEs in S.Korea triple in five years
Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...
Apr 08, 2024 (Gmt+09:00)
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Artificial intelligence
LG Group’s AI academy to foster young talent bears fruit
On April 6, at LG Inwhawon, called LG Academy in English, in Icheon, Gyeonggi Province, 99 college students and twenty-somethings were wrestling wit...
Apr 07, 2024 (Gmt+09:00)
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Artificial intelligence
Korean big tech firms join Korea’s AI strategy council
The South Korean government has launched an artificial intelligence strategy council, jointly with domestic big tech firms such as Naver Corp. and K...
Apr 05, 2024 (Gmt+09:00)
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Artificial intelligence
Ably launches virtual fitting AI service
South Korean fashion commerce platform Ably Corp. announced on Friday that it launched a new service The Shopping Mall-Specific Artificial Intellige...
Apr 05, 2024 (Gmt+09:00)
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Earnings
Samsung Q1 profit soars, set to benefit from Taiwan quake, AI chip demand
Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday its first-quarter operating profit likely rose more than tenfold...
Apr 05, 2024 (Gmt+09:00)
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Electronics
Bespoke Samsung home devices make chores easier, smarter
With Samsung Electronics Co.'s new bespoke AI induction stove, there is no need to keep checking the burner for fear of food boiling over while simm...
Apr 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom to launch metaverse platform in SE Asia
South Korea’s SK Telecom Co. announced on Thursday that it has signed a contract with CelcomDigi Berhad, the leading telecom company in Malays...
Apr 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Wavve to enter European, Oceanian OTT markets
South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...
Apr 04, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to unveil 3D DRAM in 2025 to lead AI chip market
Samsung Electronics Co., the world’s top memory chipmaker, aims to introduce three-dimensional (3D) DRAM, a game-changer in the artificial int...
Apr 02, 2024 (Gmt+09:00)
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Retail
Hyundai Department launches Korean brands' global platform
Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...
Apr 01, 2024 (Gmt+09:00)