AI infrastructure software company
Scope
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Automobiles
Hyundai Mobis to debut at Japan Mobility Show
South Korea's Hyundai Mobis will participate in the Japan Mobility Show 2023, which changed its name from the Tokyo Motor Show. This is the fir...
Oct 19, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis releases Soliris biosimilar in Europe
Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea's Samsung Group, is rolling out its latest product Epysqli,...
Oct 19, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics gets favorable ruling against Netlist in US
The US appeals court has reversed a California federal judge’s ruling against Samsung Electronics Co. in its legal fight over memory chip pate...
Oct 18, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI, Lockheed Martin to team up for large utility helicopter
Korea Aerospace Industries Ltd. (KAI) and the US-based Lockheed Martin Corp. have agreed to collaborate on entering the special operations large uti...
Oct 18, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare wins Remsima order in France, Italy
South Korea's Celltrion Healthcare Co. announced on Wednesday its autoimmune disease treatment Remsima (ingredient: infliximab) has won a bid for ho...
Oct 18, 2023 (Gmt+09:00)
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Economy
Korea Inc.’s record short-term borrowing raises specter of debt overhang
South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...
Oct 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom launches cloud cost management platform
South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform that leverages arti...
Oct 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver launches AI-based hotel recommendations service
South Korea’s web portal giant Naver Corp. has launched a beta service for For You, which recommends hotels using artificial intelligence (A...
Oct 18, 2023 (Gmt+09:00)
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Korean food
Allgot’s frozen kimbap to hit Costco shelves in US in H1, 2024
South Korean food company Allgot Co.’s frozen kimbap, which sold out immediately after landing in the US about two months ago, is on another r...
Oct 17, 2023 (Gmt+09:00)
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Korean startups
SeeDevice named Semiconductor Review’s Company of the Year
SILICON VALLEY -- SeeDevice Inc., a fabless image sensor developer famous for its quantum-effect CMOS (QMOS) sensors capable of expanding vision bey...
Oct 17, 2023 (Gmt+09:00)
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Bio & Pharma
HLB gets global rights to Chinese liver cancer drug
South Korea’s HLB Therapeutics Co. on Tuesday said its US subsidiary Elevar Therapeutics has acquired the global rights excluding South Kore...
Oct 17, 2023 (Gmt+09:00)
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Carbon neutrality
SK to invest in S.Korean company for bio jet fuel materials
SK Group, South Korea’s energy-to-semiconductor conglomerate, is set to invest in a local renewable energy ingredient provider for stable proc...
Oct 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT Cloud releases AI inference GPU infrastructure service
South Korea’s KT Cloud on Monday launched the service AI SERV, which allows the use of infrastructure for high-performance graphics processing...
Oct 17, 2023 (Gmt+09:00)
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Chemical Industry
SK Chemicals, Estée Lauder to co-work for eco-friendly packaging
South Korea's SK Chemicals Co. announced on Tuesday a partnership with Estée Lauder, the leading global cosmetics brand, to integrate circula...
Oct 17, 2023 (Gmt+09:00)
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Bio & Pharma
Noul to export $1.4 mn in malaria diagnostic kits to Angola
South Korean in-vitro diagnostics maker Noul Co. has signed an exclusive sales deal in Angola on the company’s malaria diagnostic platform wor...
Oct 17, 2023 (Gmt+09:00)
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Korean startups
100 new South Korean AI vanguards to be unveiled
One hundred new South Korean startups at the vanguard of development of innovative AI technology will be unveiled later this month, according to The...
Oct 16, 2023 (Gmt+09:00)
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ESG
Korea delays ESG reporting rules for firms to 2026 or later
South Korea will postpone implementation of environmental, social and governance (ESG) disclosure rules for the country’s listed firms from 20...
Oct 16, 2023 (Gmt+09:00)
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Corporate strategy
Lotte leads corporate push to raise Korea’s dismal birthrate
South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials....
Oct 16, 2023 (Gmt+09:00)
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Venture capital
LG Elec’s early-stage startup investments in US fare well
LG Electronics Inc.'s early-stage investments in US tech startups will likely generate decent returns as they have raised additional funding at high...
Oct 16, 2023 (Gmt+09:00)
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Metaverse
SK Telecom introduces paid currency to metaverse ifland
South Korea's SK Telecom Co. has introduced an economic system to its metaverse service "ifland." With this, users can now purchase items with the c...
Oct 16, 2023 (Gmt+09:00)
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Bio & Pharma
GI Innovation transfers allergy treatment tech to Japan
South Korea's GI Innovation Inc. announced on Monday it has transferred its allergy treatment "GI-301" to the Japanese pharmaceutical company Maruho...
Oct 16, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare to supply Yuflyma to US pharmacy chain
South Korea's Celltrion Healthcare Co. has inked a deal with the US specialty pharmacy chain CarePartners Pharmacy to supply its autoimmune disease ...
Oct 16, 2023 (Gmt+09:00)
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Batteries
Korea’s battery trio aims to outsmart Chinese rivals in US
South Korea’s three major battery makers — LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. — recently came under renewed pr...
Oct 16, 2023 (Gmt+09:00)
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Robotics
Hanwha Robotics produces kitchen automation robots
South Korea’s Hanwha Robotics on Sunday announced its signing of an agreement on the development and commercial use of a robotics system for k...
Oct 16, 2023 (Gmt+09:00)
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Electric vehicles
Kia to build 2nd purpose-built vehicle plant in Korea
Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...
Oct 13, 2023 (Gmt+09:00)
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Automobiles
KCC opens US refinish color center
South Korean chemical and auto parts maker KCC Corp. opened its first overseas refinish color center in the US. According to the company's anno...
Oct 13, 2023 (Gmt+09:00)
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Korean startups
TUNiB launches multi-persona AI chatbot DearMate
South Korean generative artificial intelligence (AI) startup TUNiB on Thursday announced the launch of DearMate, a mobile app for free conversatio...
Oct 13, 2023 (Gmt+09:00)
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Culture & Trends
CJ ENM expands global reach with entertainment IP exports
South Korean entertainment giant CJ ENM Co. is broadening its international reach, exporting its widely popular entertainment show intellectual prop...
Oct 13, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS unveils generative AI platform for biz use
LG CNS, a South Korean information and communications technology service provider specializing in digital transformation (DX), on Thursday launched ...
Oct 13, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's DuChemBio localizes core materials of radiopharmaceuticals
South Korea's DuChemBio Co. announced on Thursday that it has obtained final approval for a recovery and purification facility for oxygen-18 concent...
Oct 12, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore