Millennium Technology Ventures
Scope
Date
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Aerospace & Defense
Hanwha Ocean to join Canadian patrol submarine project
South Korea's shipbuilder Hanwha Ocean Co. secured a memorandum of understanding (MOU) with four Canadian submarine tech firms at Deep Blue Forum 20...
Nov 06, 2023 (Gmt+09:00)
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Artificial intelligence
On-device AI chips: New battleground for chipmakers
As on-device artificial intelligence, designed for smart gadgets such as smartphones, laptops and autonomous-driving cars, emerges as a mega-trend f...
Nov 05, 2023 (Gmt+09:00)
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Research & Development
POSCO to build 2nd N.EX.T Hub research institute in Seongnam city
POSCO Group, which owns South Korea’s largest steelmaker, plans to build a second research institute near Seoul to support the conglomerate&rs...
Nov 02, 2023 (Gmt+09:00)
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Private debt
Korea Investment raises $400 mn to expand US assets
Seoul-based brokerage firm Korea Investment & Securities Co. (KIS) has raised $400 million in new bonds to strengthen its investments in the US ...
Oct 31, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S to pursue cross-border CCS with Australia’s Santos
SK E&S, the clean energy affiliate of South Korea’s No. 2 conglomerate SK Group, has signed a deal on cross-border carbon capture and st...
Oct 31, 2023 (Gmt+09:00)
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Entertainment
K-pop fan platform company DearU to enter into Japan
DearU Co., a K-pop fandom platform in South Korea, announced the launch of the Japanese version of "bubble" on Tuesday. DearU bubble is a private me...
Oct 31, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to design digital vessels with ABS
South Korea’s Hanwha Ocean Co. on Sunday announced its conclusion of a basic accord with the Houston-based American Bureau of Shipping (ABS) t...
Oct 30, 2023 (Gmt+09:00)
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Bio & Pharma
Theraject Asia applies for microneedle patent in US
South Korean microneedle company Theraject Asia on Thursday said it recently applied for a US patent for a medical microneedle, specifically a const...
Oct 27, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
SK Enmove, Hanwha Aerospace to develop ESS for vessels
South Korea’s lubricating oil maker SK Enmove Co. and defense industry company Hanwha Aerospace Co. will jointly develop energy storage syst...
Oct 26, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte, two SK Group units to join hands for carbon capture
Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to make their joint push i...
Oct 23, 2023 (Gmt+09:00)
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Korean games
S.Korean game developer Smilegate, angel of local startups
Smilegate, South Korean developer of the world’s top first-person shooter game Crossfire, is raising investments in domestic startups despite ...
Oct 22, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Lee's urges to keep ‘super gap’ in semiconductor technology
Samsung Electronics Co. Chairman Jay Y. Lee on Thursday visited the construction site of the global memory chip giant’s new semiconductor rese...
Oct 19, 2023 (Gmt+09:00)
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Venture capital
S.Korean VCs go global for breakthrough
South Korean venture capitalists are actively discovering attractive investment assets overseas to find a breakthrough amid a prolonged local VC dro...
Oct 19, 2023 (Gmt+09:00)
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Steel
POSCO completes automotive steel plates plant in China
South Korea’s POSCO announced on Thursday it completed the new plant for automotive steel plates in Tangshan, Hebei province, China.As a joi...
Oct 19, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Elec to develop spam filter with public web body
Samsung Electronics Co. and the Korea Internet & Security Agency (KISA) on Wednesday signed a memorandum of understanding on minimizing damage t...
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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Automobiles
Hyundai, Kia sign power chip supply, tech tie-up deal with Infineon
South Korea’s top automaker Hyundai Motor Group has formed a strategic partnership with German chipmaker Infineon Technologies AG to secure a ...
Oct 18, 2023 (Gmt+09:00)
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Steel
POSCO Group chief: steel desperately needs corporate solidarity
South Korea’s POSCO Group on Tuesday said its Chairman Choi Jeong-woo presided over the regular meeting of the World Steel Association on Su...
Oct 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops container loss prevention device
South Korean shipbuilder Samsung Heavy Industries on Tuesday revealed its latest invention Special Structure Anti-Container Loss (SSA-CL), using its...
Oct 17, 2023 (Gmt+09:00)
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Venture capital
Lotte Ventures hosts L-Camp in Tokyo for promising Korean startups
TOKYO – Lotte Ventures Corp., the corporate venture capital (CVC) business unit of South Korea’s Lotte Group, on Thursday hosted L...
Oct 12, 2023 (Gmt+09:00)
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Energy
POSCO International, GS Caltex to build palm oil refinery in Indonesia
South Korea’s POSCO International Corp. and GS Caltex Corp. on Thursday signed a $210 million deal to build a bio feedstock refinery facility ...
Oct 12, 2023 (Gmt+09:00)
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Energy
HD KSOE to invest $48 mn in European fuel cell company
HD Korea Shipbuilding & Offshore Engineering (KSOE) announced on Wednesday that it plans to invest 45 million euros ($47.7 million) in the Europ...
Oct 11, 2023 (Gmt+09:00)
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Korean startups
Korean startups join push to champion satellite data analytics market
Artificial intelligence is making big changes everywhere, even in space. Joining an AI-controlled space war, South Korean startups armed with AI tec...
Oct 11, 2023 (Gmt+09:00)
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Carbon neutrality
Korea’s SKC to invest up to $70 mn in US smart glass firm Halio
SKC Ltd., a South Korean chemicals maker, is set to invest as much as $70 million in Halio Inc., a US smart glass technology company, to expand the ...
Sep 27, 2023 (Gmt+09:00)
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Bio & Pharma
NeoCannBio completes $7.4 mn series B funding
South Korea's NeoCannBio, a medical cannabis startup backed by the Korea Institute of Science and Technology (KIST), announced on Tuesday that it ha...
Sep 26, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S, Honeywell UOP to capture carbon from LNG plants
SK E&S Co., a clean energy unit of South Korea’s No. 2 conglomerate SK Group, and Honeywell UOP, a US major refining and petrochemical tec...
Sep 26, 2023 (Gmt+09:00)
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Construction
HD Hyundai, POSCO to team up for unmanned technology
South Korea's HD Hyundai Co. announced on Tuesday that it has signed a business agreement with POSCO Group for the development of unmanned technolog...
Sep 26, 2023 (Gmt+09:00)
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Commodities
POSCO, Bartlett to set up grain procurement joint venture
South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up ...
Sep 26, 2023 (Gmt+09:00)
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Robotics
Samsung C&T invests $11 mn in construction robot venture
South Korean construction and engineering company Samsung C&T Corp. has invested 15 billion won ($11.2 million) in the construction robot startu...
Sep 26, 2023 (Gmt+09:00)
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Culture & Trends
Are virtual idols the next big thing in K-content?
South Korea's booming virtual idol sector, which combines K-pop content and technology, is fueling interest on the enter-tech (entertainment and tec...
Sep 25, 2023 (Gmt+09:00)