AI health management platform
Scope
Date
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Tech, Media & Telecom
Samsung SDS joins hands with Amazon for global cloud business
Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...
Feb 18, 2022 (Gmt+09:00)
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Electronics
With Samsung’s new Bespoke lineup, it’s home made perfect
Samsung Electronics Co. on Thursday unveiled a new lineup of its flagship Bespoke home appliances, including a newly introduced premium line of Besp...
Feb 17, 2022 (Gmt+09:00)
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ESG
APG urges Samsung, other Korean carbon emitters to take action
Europe’s largest pension fund manager APG has urged Samsung Electronics Co. and nine other major South Korean companies to drastically cut the...
Feb 17, 2022 (Gmt+09:00)
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Cryptocurrencies
WeMade to retire WEMIX cryptocurrency for investor value
WeMade Co., a South Korean game developer, plans to retire 2% of its cryptocurrency WEMIX in the next two weeks to bolster its value for investors, ...
Feb 17, 2022 (Gmt+09:00)
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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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Automobiles
Online platforms emerge as new battlefield for auto sales in Korea
Visiting a car dealer’s stylish showroom to touch, feel and sometimes test drive a car before purchase has for decades been a rite of passage ...
Feb 15, 2022 (Gmt+09:00)
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Mergers & Acquisitions
PI Advanced up for sale in deal estimated at $1 bn
Seoul-based Glenwood Private Equity is putting a majority stake in South Korea's PI Advanced Materials Co., the world's largest polyimide (PI) film ...
Feb 15, 2022 (Gmt+09:00)
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Pension funds
KTCU posts highest investment return since 2009
Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, earned an 11.3% return from investment last y...
Feb 14, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC buys $1.9 mn worth of shares in crypto platform Coinbase
Korea Investment Corporation (KIC), managing $205 billion in assets as of the end-2021, has invested in US cryptocurrency exchange platform Coinba...
Feb 11, 2022 (Gmt+09:00)
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Pension funds
POBA taps former DB Insurance investment head as new CIO
Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. as its new chief inve...
Feb 10, 2022 (Gmt+09:00)
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NFTs
Gallery Hyundai paints new chapter with NFT
South Korea’s Gallery Hyundai paints a new future by incorporating NFT (non-fungible token.) The country’s first commercial art g...
Feb 10, 2022 (Gmt+09:00)
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Venture capital
Shopping platform Queenit receives $43 mn funding from VC juggernauts
Online shopping platform Queenit recently received 36 billion won ($30 million) from Kakao Ventures Corp., SoftBank Ventures Korea Corp. and more,...
Feb 07, 2022 (Gmt+09:00)
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Entertainment
Kakao to launch webtoon service Piccoma in France
Kakao Corp. announced Sunday that it plans to launch the European version of its webtoon subscription service in either April or May of this year....
Feb 07, 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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Fintech
Korea's Toss targets SE Asia, Japan with super app
South Korea's mobile financial platform Toss is evolving from a payment service app into a full-fledged financial service provider, or a super app, ...
Feb 03, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record US car sales as Japanese firms struggle
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...
Feb 03, 2022 (Gmt+09:00)
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Alternative investments
German urban logistics and light industrial assets promising, DLE says
The pandemic has brought logistical real estate and infrastructure into the spotlight driven by long-term underlying e-commerce trends. It is advant...
Jan 28, 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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Korean startups
Zuckerberg-backed family office bets on Korean golf platform
ICONIQ Capital, a US family office backed by Meta founder and CEO Mark Zuckerberg, has invested 50 billion won ($42 million) in Smartscore, a South ...
Jan 21, 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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Korean Startups
STIC injects $168 mn in pre-unicorn Musicow
Music copyright trading platform Musicow Inc. has attracted a 200 billion won ($167.9 million) investment from Korea’s private equity firm STI...
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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Alternative investments
Hana jointly acquires Boston-based multifamily for $262 mn
Hana Alternative Assets Management Co. and a US asset manager acquired a tower of luxury multifamily housing assets in Seaport Boulevard, Bost...
Jan 18, 2022 (Gmt+09:00)
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Metaverse
Lotte Group aims for top spot in metaverse retail space
Lotte Group Chairman Shin Dong-bin is known for his obsession with new tech gadgets.He’s one of those early adopters in South Korea of the Ocu...
Jan 13, 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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Automobiles
Hyundai Motor aims to triple Genesis G90 sales by 2023
Hyundai Motor Co. said on Thursday it aims to triple the global sale of the Genesis G90 over the next couple of years by launching the flagship luxu...
Jan 13, 2022 (Gmt+09:00)
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Cryptocurrencies
WeMade under fire for massive clandestine WEMIX cryptocurrency sale
WeMade Co., a South Korean video game developer, has come under criticism for the massive unnoticed selling of its cryptocurrency WEMIX, allegedly i...
Jan 11, 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)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer