AI accelerators
Scope
Date
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Korean chipmakers
SK Hynix develops memory chip with computing capabilities
SK Hynix Inc. has developed a next-generation memory chip with computing capabilities, which the company says will provide solutions for data conges...
Feb 16, 2022 (Gmt+09:00)
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Artificial intelligence
LG's AI designer debuts at New York Fashion Week
South Korean fashion label Greedilous showcased its 2022 Fall-Winter collection on the main stage of the New York Fashion Week on Monday local time....
Feb 16, 2022 (Gmt+09:00)
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Venture capital
Blurring lines between accelerators and VCs with record fundings
Sopoong Ventures Corp. is poised to create a fund worth 10 billion won ($8 million) that specializes in early stage investment, industry insiders sa...
Feb 14, 2022 (Gmt+09:00)
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Venture capital
AI startup OnePredict gears up for $25 mn funding round
South Korean AI solutions provider OnePredict is set to begin a 30 billion won ($25 million) funding round. The Seoul-based startup provides in...
Feb 04, 2022 (Gmt+09:00)
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IPOs
Viva Republica poised to become Korea’s fourth decacorn
Viva Republica Inc., the operator of fintech platform Toss, is revving up for a pre-IPO. When finalized, the company will become South Korea’s...
Feb 02, 2022 (Gmt+09:00)
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Artificial intelligence
Naver recruits two AI scholars based in US
Naver Corp. is ramping up its recruitment of global talent in artificial intelligence. The South Korean tech giant announced Monday that it h...
Jan 25, 2022 (Gmt+09:00)
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Corporate restructuring
NPS approves POSCO's split into holding firm, steelmaker unit
The National Pension Service (NPS) of Korea, the largest shareholder of POSCO Co., has given its nod to the steelmaking giant’s plan to spli...
Jan 24, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Megazone Cloud to attract up to $336 mn for 2023 IPO
Megazone Cloud Corp., a leading cloud service provider and the first Korean business partner of Amazon Web Service (AWS), plans to attract 300 billi...
Jan 20, 2022 (Gmt+09:00)
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IPOs
Startup accelerator FuturePlay pushes ahead with IPO
Startup accelerator FuturePlay is pushing ahead with an initial public offering. The decision follows similar moves by Korean venture capital and ac...
Jan 18, 2022 (Gmt+09:00)
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Artificial intelligence
AI humans take quantum leap in Korean entertainment and media
At first glance, ETERN!TY is similar to other K-pop bands – dancing to upbeat music and the female members donning pink tennis outfits. W...
Jan 18, 2022 (Gmt+09:00)
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Artificial intelligence
Korean AI startups blaze trails in overseas markets
Artificial intelligence-powered image analysis company Alchera Inc. is working with PG&E (The Pacific Gas and Electric Company (PG&E) in t...
Jan 13, 2022 (Gmt+09:00)
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Venture capital
SoftBank invests $146 mn in AI startup Qraft
SoftBank Group Corp. is investing $146 million in South Korea’s artificial intelligence company Qraft Technologies, Inc. The investment includ...
Jan 11, 2022 (Gmt+09:00)
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Korean startups
SK Networks invests in AI-based US healthcare startup LVIS
South Korea’s SK Networks Co. said on Tuesday it joined a $15 million in Series B-2 funding for US healthcare startup LVIS Corp.LVIS, headquar...
Jan 11, 2022 (Gmt+09:00)
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Alternative investments
Hyundai E&C to inject $343 mn in Hilton Seoul redevelopment
Hyundai Engineering & Construction Co. (Hyundai E&C), a construction giant under Hyundai Motor Company, will invest 409.9 billion wo...
Jan 11, 2022 (Gmt+09:00)
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Pre-IPOs
SK Pharmteco to raise up to $498 mn on $5 bn valuation
SK Pharmteco, a contract development and manufacturing organization (CDMO) for pharmaceuticals, is slated to raise 400 billion ($332.2 million) to 6...
Jan 10, 2022 (Gmt+09:00)
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Artificial Intelligence
IGIS invests in Kakao Enterprise for AI-embedded real estate
IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterprise Corp., an artific...
Jan 05, 2022 (Gmt+09:00)
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CES 2022
Samsung ushers in era of bespoke homes with AI butlers
Samsung Electronics Co. is showcasing an unprecedented immersive home electronics experience at CES 2022 (Jan. 5-8.) YOUR HOME AS A METAVERSE...
Jan 05, 2022 (Gmt+09:00)
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Artificial intelligence
SK Telecom taps AI expert as new technology chief
SK Telecom Co., South Korea's top mobile carrier, has tapped its e-commerce arm's chief executive and artificial intelligence (AI) expert Lee Sang-h...
Jan 04, 2022 (Gmt+09:00)
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Korean startups
Former K-pop dancer turns to AI for personal training services
When Dia Kang first moved to Silicon Valley in October 2016 to create a dance app to learn K-pop moves, there was no worldwide pandemic. By Jan...
Jan 04, 2022 (Gmt+09:00)
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SK Telecom and KT to compete in AI chipmaking
SK Telecom Co. and KT Corp. are poised to go head to head in manufacturing chips for artificial intelligence. The telecom giants will utilize their...
Jan 03, 2022 (Gmt+09:00)
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Investment Insights
Howard Marks says should stay in the market now
NEW YORK -- US stock markets remain high but their prices seem reasonable at the current level of interest rates near historic lows, said Oaktree Ca...
Dec 30, 2021 (Gmt+09:00)
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Artificial intelligence
Telecom giant KT to develop its own NPU, AI ecosystem
Telecommunications giant KT Corp. announced concrete plans to launch its artificial intelligence infrastructure business by joining forces with indu...
Dec 29, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to showcase autonomous ship at CES 2022
Hyundai Heavy Industries Group, the world’s largest shipbuilder, is set to showcase its latest and next-generation mobility technology related...
Dec 21, 2021 (Gmt+09:00)
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Artificial intelligence
LG unveils multimodal ‘supergiant AI’ with unprecedented parameters
LG Corp.'s artificial intelligence research institute unveiled what it dubs a “supergiant AI” on Tuesday.The big reveal was for EXAONE, ...
Dec 14, 2021 (Gmt+09:00)
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Electric vehicles
IONIQ 7 to beome home on wheels with LG appliances
Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...
Nov 29, 2021 (Gmt+09:00)
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Electric vehicles
Robots, AI replace human workers at Kia’s EV6 manufacturing factory
Kia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at its smart factory for the EV6, its firs...
Nov 22, 2021 (Gmt+09:00)
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Korean startups
Data Republic creates AI-based crypto investment solution
South Korean startup Data Republic is pioneering a smart way of investing for global cryptocurrency investors. Founded in 2018, the company has ra...
Nov 10, 2021 (Gmt+09:00)
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Venture capital
Travel startups draw new funds amid digital transformation
As South Korea loosened social distancing measures for a gradual return to normal life this week, investors are rekindling their interest in travel ...
Nov 05, 2021 (Gmt+09:00)
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Korean startups
AI human developer MINDs Lab aims for November IPO
South Korea’s top artificial intelligence (AI) developer MINDs Lab Inc. is aiming to list on the Kosdaq market within this month. While the ...
Nov 03, 2021 (Gmt+09:00)
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Batteries
Race to produce high-nickel batteries accelerates
South Korea's top three electric vehicle battery makers -- LG Energy Solution Ltd., SK On and Samsung SDI Co. -- are gearing up for full-scale produ...
Oct 18, 2021 (Gmt+09:00)
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