AI infrastructure software company
Scope
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Tech, Media & Telecom
BC Card shows one-stop payment int'l network at MWC 2023
BC Card, the only credit card company from South Korea taking part in this year's Mobile World Congress (MWC) in Barcelona, Spain, is displaying at ...
Feb 28, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea’s SK Telecom to advance AI tech through partnerships
BARCELONA -- SK Telecom Co. plans to develop world-class artificial intelligence technology through partnerships with companies of Korean descent at...
Feb 27, 2023 (Gmt+09:00)
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Artificial intelligence
Hyundai Elevator cuts breakdowns with AI prediction technology
South Korea’s No. 1 elevator maker Hyundai Elevator Co. said on Monday it had reduced the number of stoppages and breakdowns of its elevators ...
Feb 27, 2023 (Gmt+09:00)
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Artificial intelligence
Hyundai Department Store uses AI to write advertising copy
South Korea's Hyundai Department Store Co. on Sunday said it will officially introduce on Thursday an artificial intelligence (AI) copywriting syste...
Feb 27, 2023 (Gmt+09:00)
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Bio & Pharma
Jetema applies to test its botulinum toxin in US from July
South Korea's bio-esthetic pharmaceutical company Jetema Co. will hold clinical trials in the US to advance to the American market, the world's bigg...
Feb 27, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain to launch investment fund for AI startups
Kakao Brain, a South Korean artificial intelligence (AI) company owned by Kakao Corp., said on Sunday it plans to set up a fund of up to 10 billion ...
Feb 27, 2023 (Gmt+09:00)
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ESG
LG Elec honored with BPW Gold Award for advancing gender equality
LG Electronics Inc. announced on Sunday that it has been honored with the 28th BPW Gold Award from the Korea Federation of Business & Profession...
Feb 27, 2023 (Gmt+09:00)
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Steel
Hyundai Steel's sustainability report wins gold prize in US
South Korea's steelmaker Hyundai Steel announced Sunday that its integrated report 2022 Beyond Steel has been recognized for its excellence by a wor...
Feb 27, 2023 (Gmt+09:00)
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Food & Beverage
POSCO Int'l, Daesang sign MOU to cooperate in food business
POSCO International, South Korea's largest general trading company, announced on Friday that teams up with Daesang Corp. in the food business area.P...
Feb 24, 2023 (Gmt+09:00)
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Metaverse
Com2Verse, Microsoft sign agreement for metaverse cooperation
Com2Verse, a subsidiary of the metaverse division of Com2uS Studios, announced on Friday its collaboration with Microsoft Korea for the development ...
Feb 24, 2023 (Gmt+09:00)
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Korean stock market
S.Korean firms with focus on emerging Asia to shine
South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...
Feb 24, 2023 (Gmt+09:00)
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Bio & Pharma
US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle
Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domestic counterpart Hugel ...
Feb 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea’s hy buys Mesh for Vroong delivery service
South Korea’s hy, formerly Korea Yakult, has acquired Mesh Korea, the operator of the delivery service Vroong that uses two-wheeled vehicles. ...
Feb 24, 2023 (Gmt+09:00)
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Artificial intelligence
Naver, Creverse sign agreement for hyperscale AI education cooperation
Naver Corp., South Korea's largest search engine company, has signed an agreement with Creverse Co., an education company, to provide support for el...
Feb 23, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace secures tech to catch illegal drones using nets
South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...
Feb 23, 2023 (Gmt+09:00)
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Travel & Leisure
Yanolja becomes Korea's first company to join UAE's Global Unicorn Center
South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...
Feb 23, 2023 (Gmt+09:00)
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Future mobility
S.Korea's UAM project finalizes list of 46 participating companies
Forty-six companies in South Korea including three in mobile telecommunications are participating in the Korean-style urban air mobility (UAM) demon...
Feb 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, NTT Docomo jointly publish technical white paper
SK Telecom Co. announced on Wednesday that it had published a technical white paper on 6G common requirements and 5G base station power-saving measu...
Feb 23, 2023 (Gmt+09:00)
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Metaverse
S.Korea's LG Uplus opens children-specialized metaverse Kidstopia
LG Uplus Corp. announced on Thursday that it will be launching an open beta service of its metaverse "Kidstopia" at the end of this month. The servi...
Feb 23, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai Heavy to develop core technology for seawater electrolysis system
Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...
Feb 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
FuriosaAI speeds up development of next-gen AI chip with Hugging Face
FuriosaAI Inc., South Korea’s fabless chip designer, has teamed up with Hugging Face Inc., a New York-based AI company boasting a massive tran...
Feb 22, 2023 (Gmt+09:00)
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Steel
POSCO Steeleon’s eco-friendly steel plate gets US certification
POSCO Steeleon Co., a South Korean steelmaker and a unit of POSCO Group, said on Wednesday that its biomass color steel plate has been certified as ...
Feb 22, 2023 (Gmt+09:00)
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Future mobility
Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project
Daewoo Engineering & Construction Co. and Jeju Air Co. have teamed up to participate in the Korean urban air mobility (K-UAM) project. The two c...
Feb 22, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Turkey approves Hanwha Group's acquisition of DSME
The Turkish competition authority has approved Hanwha Group’s acquisition of Daewoo Shipbuilding & Marine Engineering Co. (DSME), the firs...
Feb 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's ETRI creates software for faster 5G using small cells
The Electronics and Telecommunications Research Institute (ETRI), a non-profit government-funded research institute in South Korea, said on Tuesday ...
Feb 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT’s global digital push deepens with Singtel partnership
KT Corp. has joined hands with Singapore Telecommunications Ltd. (SingTel) to export its cloud and artificial intelligence (AI) technologies, as wel...
Feb 22, 2023 (Gmt+09:00)
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Advertising & Marketing
HD Hyundai expands online communication channels
HD Hyundai Co., formerly known as Hyundai Heavy Industries Group, has announced its intention to enhance its online communication channels to better...
Feb 22, 2023 (Gmt+09:00)
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Construction
Ssangyong E&C completes construction of Dubai's Atlantis The Royal
Ssangyong Engineering & Construction announced on Tuesday the successful completion of "Atlantis The Royal," an ultra-luxury hotel in Dubai, the...
Feb 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT succeeds in developing core equipment for 5G-specialized networks
KT Corp., a South Korean telecom service operator, has successfully developed equipment that embodies the core technology of 5G-specialized networks...
Feb 21, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai Dream Tour partners with Air France-KLM for eco-friendly fuel
On Monday, Hyundai Dream Tour, a travel company affiliated with Hyundai Department Store Group, announced a partnership with Air France-KLM to promo...
Feb 21, 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