AI company

South Korea’s LG Group will spend about 120 billion won ($106 million) over the next three years to establish a massive high-performance compu...

Oil refiners in South Korea and across Asia have been among those hit hardest by the subdued demand amid the global pandemic. With increasing vaccin...

The dew point is the temperature at which the air becomes saturated with water vapor. When cooled further below the point, the airborne water vapor ...

South Korea-based startup Riiid Inc. has been named to the annual AI 100 list issued by global market research firm CB Insights. The AI 100 is a lis...

Semiconductor chips, electric vehicles and artificial intelligence (AI) drove the top 100 South Korean companies' spending on research and developme...

South Korea’s state-funded Korea Trade-Investment Promotion Agency (KOTRA) is undergoing a full-scale digital transformation to expedite inter...

Seoul-based IMM Private Equity has fully exited its 300 billion won ($265 million) investment in the country's No. 2 electric wire manufacturer by s...

Hanwha Systems Co., the defense and information technology service unit of Hanwha Group, is seeking to purchase the entire stake of US air taxi star...

South Korea-based Hyundai Motor Group has unveiled new artificial intelligence-powered voice recognition technology to be installed in mass-produced...

South Korean households and companies have taken out fresh loans worth 208 trillion won ($189 billion) from banks last year, pushing the outstanding...

Big companies listed on South Korea’s major stock market will be required to disclose their business activities related to environmental, soci...

South Korea-based Amorepacific Corp. has received the Innovation Award for its high-tech beauty technologies at the world's largest tech event, Cons...

South Korea’s major companies are sitting on a record amount of cash reserves, setting the foundation for the merger and acquisition (M&A)...

Huge sums of money have been flowing into growth sectors globally, prompting South Korean unicorn companies, or non-listed companies with an enterpr...

Kakao Games Corp. has injected around 190 billion won ($173 million) into South Korean game company Neptune Corp., pouring in nearly half the proc...

Once considered just one of many Asian entertainment products, Korean dramas, games, music and webtoons – collectively known as K-content &nda...

LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...

South Korean companies listed on the tech-heavy Kosdaq market posted one of their best third quarters ever thanks to strong sales related to anti-viru...

Kospi-listed companies’ operating profits have turned bullish in the third quarter compared to the year-earlier period, swinging back from the n...

Bluespace.ai, a San Jose-based autonomous driving startup, is looking to develop a software system for autonomous mass transit fleets in Seoul and its...

The global semiconductor industry has been swamped with a series of massive deals this year, likely to tip over $100 billion in deal volume as compani...

South Korea's fashion and beauty companies are jumping on the environmental, social, governance (ESG) bandwagon to lure more environmentally conscious...

South Korean companies are becoming more proactive in prioritizing environmental, social and governance (ESG) standards. In line with the ESG wave, Sa...

Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...

South Korea’s big companies such as Samsung, LG and Hyundai often make shareholder-friendly moves to accommodate institutional investors, who fl...

Tech investors are set to be deluged with initial public offerings as South Korea’s big data companies are pushing to list their shares amid a d...

South Korea’s top 100 companies saw their overseas sales shrink by a fifth in the second quarter from the year-earlier period, weighed by the fa...

South Korean tech heavyweights Samsung SDI Co. and LG Chem Ltd. are expected to expand their market share as they secure hefty energy storage system (...

Korean Air Lines Co. and local private equity firm Hahn & Company may sign the share purchase agreement (SPA) for the flag carrier’s in-flig...

Korea’s sneaker resale market is gaining traction as it becomes increasingly lucrative for buyers and sellers. The $2 billion sneaker resale mar...