AI developers
Scope
Date
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CES 2021
Amorepacific unveils AI-based cosmetics technology at CES 2021
South Korea-based Amorepacific Corp. has received the Innovation Award for its high-tech beauty technologies at the world's largest tech event, Cons...
Jan 12, 2021 (Gmt+09:00)
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Drug development
SK injects $200 mn into Roivant partnership for new drug development
SK Holdings Co., the holding company of South Korean conglomerate SK Group, has become the first Korean company to foray into the targeted protein d...
Dec 07, 2020 (Gmt+09:00)
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Artificial intelligence
LG launches AI research think tank for digital transformation
LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...
Dec 07, 2020 (Gmt+09:00)
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Future mobility
Bluespace.ai to develop autonomous mass transit system in Seoul
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...
Nov 09, 2020 (Gmt+09:00)
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Tech, Media & Telecom
LS Cable develops anti-hacking optical cables
LS Cable & System Ltd., South Korea's leading wire and cable manufacturer, has developed a new optical cable that can help ward against data breac...
Nov 03, 2020 (Gmt+09:00)
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Bio
Samsung aims to be No. 1 bio contract development, research firm
Samsung Biologics Co. has become the world’s No. 1 contract manufacturing organization (CMO) this year and aims to also lead both the contract d...
Oct 30, 2020 (Gmt+09:00)
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AI semiconductors
AI chip market heats up, to tip over $100 bn in deals
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...
Oct 22, 2020 (Gmt+09:00)
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Eco-friendly material
LG Chem develops world's first biodegradable plastic alternative
LG Chem Ltd. has developed the world's first 100% biodegradable material that can replace plastic as the company moves to take the lead in the global ...
Oct 20, 2020 (Gmt+09:00)
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Mobile games
Korean mobile game developer buys out German rival
South Korean mobile game developer Com2uS Corp. has acquired a German gaming rival in its first cross-over buyout, in a move to bolster its sports gam...
Oct 12, 2020 (Gmt+09:00)
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Batteries
LS Electric develops battery temperature sensor for ESS
LS Electric Co., a South Korean electric power and automation equipment maker, has developed a battery cell temperature sensor (BTS) that can monitor ...
Sep 28, 2020 (Gmt+09:00)
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Automobiles
Hyundai Motor hires two AI experts to strengthen foothold in future mobility
Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...
Sep 24, 2020 (Gmt+09:00)
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Real estate
SK sells 4.6% in Asian logistics property developer ESR for $408 million
South Korea’s SK Corp. has sold part of its stake in ESR Cayman Ltd., an Asian logistics real estate developer, for 480 billion won ($408 millio...
Sep 17, 2020 (Gmt+09:00)
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COVID-19
Auto parts maker Mando to co-develop COVID-19 ventilators with NASA
Mando Corp, a South Korean auto parts manufacturer, has been picked by the US National Aeronautics and Space Administration (NASA) as a ventilator co-...
Aug 24, 2020 (Gmt+09:00)
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Bio
Celltrion to co-develop pill-type autoimmune disease drug with UK startup
Biosimilar maker Celltrion Inc. has agreed to develop a tablet-type treatment for autoimmune diseases jointly with the UK biotech startup Intract Phar...
Aug 20, 2020 (Gmt+09:00)
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Automobiles
Hyundai Motor, LG to unveil jointly developed future car interior concept next month
Hyundai Motor Co. and LG Electronics Inc. have jointly developed the interior concept of a future car, further consolidating their cooperation in self...
Aug 03, 2020 (Gmt+09:00)
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Airlines
Korean developer puts on hold $2.1 bn Asiana Airlines deal with no timeline
HDC Hyundai Development Co. has postponed its 2.5 trillion won ($2.1 billion) acquisition of Asiana Airlines Inc. with no clear timeline for the deal ...
Apr 30, 2020 (Gmt+09:00)
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Alternative investment
POBA to commit $120 mn to US housing development fund
The Public Officials Benefit Association (POBA) will commit $120 million to a US single-family housing development fund worth about 750 billion won ($...
Mar 23, 2020 (Gmt+09:00)
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Korean startups
AI chip venture set to challenge Nvidia, Intel, Google
Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...
Nov 01, 2019 (Gmt+09:00)
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Mirae Asset underwrites $375 mn loan on Times Square development
Mirae Asset Daewoo Co. Ltd. has extended a $375 million loan for the Times Square redevelopment in New York City, or one third of the $1.13 billion se...
Jan 28, 2019 (Gmt+09:00)
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LaSalle develops its first logistics facility in Korea; sees more land purchases
LaSalle Investment Management has built a four-story logistics warehouse near Seoul, its first development of a storage facility in South Korea, and...
Dec 06, 2017 (Gmt+09:00)
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Korean funds to invest $295 mn in Asian warehouse developer e-Shang: report
South Korean institutional investors will buy about 350 billion won ($295 million) worth of senior loans secured by distribution centers of Warburg Pi...
Nov 21, 2016 (Gmt+09:00)
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Korean VC firms invest in UK drug developer, first after Brexit
Celleron Therapeutics Ltd., a cancer treatment developer founded by Oxford University professors, is poised to attract $26 million from South Korean a...
Oct 17, 2016 (Gmt+09:00)
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SK Innovation to supply batteries to Hyundai’s IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
1 MINUTES AGO
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Korean startups
TEST Robots, AI replace human workers at Kia’s EV6 manufacturing factory
Electric vehiclesHyundaiMotor, Kia, TechKia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at...
1 MINUTES AGO
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Tech, Media & Telecom
SK Hynix introduces Gauss Labs-developed AI solution to semicon process (edited)
SK Hynix said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intelligence (AI) solution to...
1 MINUTES AGO
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Tech, Media & Telecom
AI and other Internet new techs reach every corner of our lives (edited)
Metaverse, artificial intelligence (AI) and other Internet new technologies are gradually taking root in the daily lives of our citizens. In the cas...
1 MINUTES AGO
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Artificial intelligence
LG CNS develops code-generative AI solution
LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...
1 MINUTES AGO
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Artificial intelligence
Samsung SDS showcases new supply chain management solution in the US
Samsung SDS introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Florida, the com...
1 MINUTES AGO
Latest News
- 1 LG Electronics' Indian unit logs highest first-half sales
- 2 SK Hynix’s turnaround gains traction from US, China
- 3 Samsung's financial arms beat No.1 banking group KB in profit
- 4 Korea’s airlines plagued by elevated fuel costs, strong dollar
- 5 LG Uplus offers Korean Air gift cards to 5G subscribers