AI technology for next-generation communications
Scope
Date
~
-
Corporate bonds
Korean firms scramble for bond sales on further rate hike views
South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...
Aug 27, 2021 (Gmt+09:00)
-
Korean startups
Swit Technologies' valuation tops $80 mn in Series A round
Swit Technologies Inc., the provider of team collaboration tool Swit, is near wrapping up its Series A funding round, having raised around $17.8 mil...
Aug 27, 2021 (Gmt+09:00)
-
Hydrogen economy
Korea’s hydrogen council to launch Sept. 8; Hyundai to unveil new tech
The South Korean version of the Hydrogen Council, a global CEO-led initiative to harness the clean energy source, will officially launch on Sept. 8 ...
Aug 26, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Bain Capital sells management rights of Hugel to GS-led group for $1.5 bn
A consortium led by South Korea’s energy-to-construction conglomerate GS Group has acquired the country’s top botox maker Hugel Inc. fro...
Aug 25, 2021 (Gmt+09:00)
language -
Korean startups
3i's AI technology creates digital twins using smartphone photos
Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...
Aug 24, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung to invest $200 bn over next 3 yrs, including M&As
Samsung Group will invest a combined 240 trillion won ($206 billion) over the next three years in its core businesses such as semiconductor, display...
Aug 24, 2021 (Gmt+09:00)
language -
Retail
Rolex emerges as latest target of S.Korea’s luxury brand fever
Rolex watches are now the latest object of South Korea’s unwavering love for luxury goods. The high demand and limited supply of Rolex watches...
Aug 24, 2021 (Gmt+09:00)
-
Automobiles
IAA Mobility 2021 to showcase global auto industry’s future technologies
The global auto industry is set to show off their muscle to fight for the future mobility market not only with new models but also technologies at t...
Aug 23, 2021 (Gmt+09:00)
-
Korean startups
AI edtech startup KidsLoop joins unicorn club
Artificial intelligence-based education is similar to self-driving cars, which select the optimal transportation routes for their drivers, according...
Aug 23, 2021 (Gmt+09:00)
-
Food & Beverage
Namyang ex-chair's no-show for $300 mn deal: What's next
Hong Won-sik, ex-chairman of South Korea’s Namyang Dairy Products Co., appeared to have changed his mind shortly after signing a 310.7 billion...
Aug 23, 2021 (Gmt+09:00)
-
Artificial intelligence
S.Korean firms start training AI professionals to address talent shortage
South Korea’s major business groups have started to foster their own talents in the field of artificial intelligence (AI) to address the widen...
Aug 19, 2021 (Gmt+09:00)
-
Korean startups
AI startup Moloco raises near $150 million
Silicon Valley-based artificial intelligence startup Moloco Inc. has raised around 173.4 billion won ($148.1 million) in a recent funding round led ...
Aug 19, 2021 (Gmt+09:00)
-
Leadership & Management
Kakao Group’s past, present and future as conglomerate
Kakao Corp., which a decade ago was merely a mobile messenger operator, has now grown into one of the largest business groups in South Korea. The in...
Aug 17, 2021 (Gmt+09:00)
language -
Capital raising
SK E&S' $2 bn preferred share deal shortlisted to four candidates
SK E&S Co., the largest city gas supplier in South Korea, has shortlisted four candidates among seven preliminary bidders to invest in 2 trillio...
Aug 13, 2021 (Gmt+09:00)
-
Korean chipmakers
Korean chipmakers tumble, wipe out $13 billion in market capitalization
Shares of South Korea’s two largest chipmakers – Samsung Electronics Co. and SK Hynix Inc. – are slumping on a bearish industry ou...
Aug 12, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
S.Korean telcos accelerate diversification amid strong Q2
South Korea’s two largest telecom companies, SK Telecom Co. and KT Corp., have both delivered strong second-quarter results driven by rapid gr...
Aug 11, 2021 (Gmt+09:00)
-
AI startup Return Zero transforms phone calls into texts
South Korea-based startup Return Zero is enhancing the quality of life for people through its voice recognition app, Vito, which provides phone call...
Aug 10, 2021 (Gmt+09:00)
-
Travel & Leisure
Yanolja CIO says its AI vision played key role in SoftBank investment
Korean travel startup Yanolja’s Chief Investment Officer said that artificial intelligence (AI) was the keyword that played a decisive role in...
Aug 05, 2021 (Gmt+09:00)
language -
EV Batteries
SK Innovation to split battery unit in October, seeks IPO
South Korea’s top energy company SK Innovation Co. decided to split off its battery business in October with a plan to list the new affiliate ...
Aug 04, 2021 (Gmt+09:00)
language -
Fiber & Textile
Kolon Industries posts strong Q2 results with growth in all key areas
Kolon Group’s industrial materials maker Kolon Industries Inc. saw a quarterly operating profit over 100 billion won ($87 million) for the fir...
Aug 04, 2021 (Gmt+09:00)
-
Carbon neutrality
Hanwha, Korea Western Power to test mixed hydrogen combustion
Hanwha General Chemical Co. and Korea Western Power Co. joined hands for the first test in the country to use mixed hydrogen combustion technologies...
Aug 03, 2021 (Gmt+09:00)
-
Metaverse
Samsung joins 200 other firms in Korea’s metaverse alliance
Samsung Electronics Co. has onboarded South Korea’s government-led metaverse alliance in a move to strengthen partnership in virtual reality (...
Aug 03, 2021 (Gmt+09:00)
-
Bio & Pharma
Korea’s Samyang to manage 30% assets globally by 2025
Samyang Group, a South Korean food and chemicals producer, aims to manage 30% of its total assets overseas by 2025, while fostering nutrition, medic...
Aug 02, 2021 (Gmt+09:00)
-
Korean chipmakers
Samsung overtakes Intel as foundry looms as next battlefield
Samsung Electronics Co. overtook Intel Corp. as the world’s top chipmaker by revenue in the second quarter, but the South Korean technology gi...
Aug 02, 2021 (Gmt+09:00)
language -
Petrochemicals
Lotte to resume $4.4 bn Indonesia petrochemical project next year
Lotte Group plans to resume a $4.4 billion petrochemical project in Indonesia next year as it aims to expand the business in Southeast Asia where de...
Aug 01, 2021 (Gmt+09:00)
language -
Korean startups
Korea's sole AI chip designer takes on automotive chip market
South Korea-based semiconductor intellectual property provider Openedges Technology Inc. has come into the limelight with global automaker Hyundai M...
Jul 28, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung further cornered by Intel's foundry ambitions
Intel Corp.'s announcement on Monday of securing Qualcomm Inc. as its first fabless client caught Samsung Electronics Co. off guard, as the South Ko...
Jul 28, 2021 (Gmt+09:00)
language -
Korean startups
Metaverse platform Maxst makes strong debut on Kosdaq
South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...
Jul 27, 2021 (Gmt+09:00)
-
Korean startups
AI startup DevUnlimit gamifies home fitness to offer stress-free exercise
South Korea-based fitness content startup DevUnlimit Inc. has developed an artificial intelligence-based fitness platform that gamifies exercise rou...
Jul 27, 2021 (Gmt+09:00)
-
Metaverse
CJ ENM to build virtual studio with Samsung’s new commercial displays
South Korean media company CJ ENM Co. is using Samsung Electronics Co.’s new commercial displays for a virtual production studio to spearhead ...
Jul 26, 2021 (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