Naver AI Rush
Scope
Date
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Mergers & Acquisitions
Mirae Asset Global Investments buys Australian robo-advisor firm
South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...
Aug 16, 2023 (Gmt+09:00)
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Retail
SK Telecom's T deal sees 81.5% transaction amount increase in H1
South Korea's SK Telecom Co. announced on Monday that the transaction volume of its artificial intelligence (AI)-curated text commerce T deal in the...
Aug 14, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean LLM war intensifies to fend off ChatGPT
South Korean technology companies, both big and small, are rushing to advance Korean large language models (LLM) to fend off the pioneering chatbot ...
Aug 14, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Twelve Labs ranks among world's top 50 generative AI startups
South Korea’s Twelve Labs was included as the only Korean company in CB Insights’ first annual GenAI 50 ranking, a list of the world&rsq...
Aug 11, 2023 (Gmt+09:00)
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KOREA Investment Week 2023
S.Korea's largest investment forum to begin Sept. 11
South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...
Aug 10, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver to launch short-form service on portal’s front page
South Korea’s top online portal Naver Corp. said on Wednesday it is strengthening its short-form content service on surging demand for video c...
Aug 09, 2023 (Gmt+09:00)
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Earnings
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
Aug 08, 2023 (Gmt+09:00)
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Mobile networks
Kakao to release super-large AI model, superapp
Kakao Corp. on Thursday announced that it will transform South Korea’s dominant mobile messaging app KakaoTalk into an AI-powered platform com...
Aug 04, 2023 (Gmt+09:00)
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Automobiles
LG Uplus to equip Toyota Highlander’s infotainment platform
South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...
Aug 04, 2023 (Gmt+09:00)
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Earnings
Naver posts record Q2 operating profit on e-commerce, content
South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...
Aug 04, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean companies rushing to launch exotic AI-based services
Lowered barriers in South Korea to the introduction of artificial intelligence (AI) have fueled the growing popularity of unique AI services. The em...
Aug 03, 2023 (Gmt+09:00)
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Korean chipmakers
Hanmi Semiconductor opens new bonder factory
South Korean chip equipment company Hanmi Semiconductor Co. said on Wednesday it has opened a new factory to boost the production of dual TC bonders...
Aug 02, 2023 (Gmt+09:00)
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Electronics
Samsung’s Bespoke Jet AI sweeps global acclaim
Bespoke Jet AI, the cordless stick vacuum cleaner of Samsung Electronics Co., continues to receive international recognition for its superior techno...
Aug 02, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean LLM by Upstage beats global benchmark ChatGPT
The latest artificial intelligence model of South Korean AI startup Upstage scored higher than ChatGPT by global AI giant OpenAI in a world-recogniz...
Aug 01, 2023 (Gmt+09:00)
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Fintech
Naver Pay to enter Chinese payment market in 2023
South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this ye...
Aug 01, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai, Kia deploy CO2 emission monitor system for cooperative firms
South Korea's Hyundai Motor Co. and Kia Corp. revealed on Friday their AI-integrated, blockchain-enabled Supplier CO2 Emission Monitoring System (SC...
Jul 28, 2023 (Gmt+09:00)
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Artificial intelligence
Lunit to supply AI diagnosis solution to Saudi's medical institution
South Korea's medical AI company Lunit announced on Wednesday that it has signed a contract to supply its artificial intelligence (AI) solution for ...
Jul 26, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain unveils AI development library Trident
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has released a performanc...
Jul 26, 2023 (Gmt+09:00)
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Electronics
LG unveils new home appliances upgradable like smartphones
LG Electronics Inc. on Tuesday unveiled a new set of home appliances upgradable through apps just like a smartphone as the company aims to transform...
Jul 25, 2023 (Gmt+09:00)
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Artificial intelligence
KT invests over $11 mn in AI software company Moreh
South Korea's KT Corp. will invest 15 billion won ($11.6 million) in Moreh, a Seoul-based artificial intelligence (AI) infrastructure software compa...
Jul 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK Networks to acquire data management company en-core
SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...
Jul 21, 2023 (Gmt+09:00)
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Artificial intelligence
Naver to unveil AI chatbot Cue: in September 2023
South Korea's web portal giant Naver Corp. on Friday announced the lineup and release schedule of services using its hyperscale artificial intellige...
Jul 21, 2023 (Gmt+09:00)
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The KED View
Why do so many S.Korean innovators bow out following success?
Bernard Arnault, chairman and CEO of the global luxury goods leader LVMH Moët Hennessy Louis Vuitton, is well known for sporting a full head of...
Jul 20, 2023 (Gmt+09:00)
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Artificial intelligence
Poshmark launches Posh Lens with Naver's AI tech
South Korea's Naver Corp. announced on Thursday that Poshmark, the US-based social e-commerce C2C (consumer-to-consumer) marketplace, has launched a...
Jul 20, 2023 (Gmt+09:00)
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Artificial intelligence
LG unveils upgraded hyperscale AI for future businesses
LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced an upgraded hyperscale AI to be used for its future growth engine...
Jul 19, 2023 (Gmt+09:00)
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Entertainment
Naver Webtoon becomes No.1 webtoon platform in France
South Korea's Naver Webtoon has made a name for itself as the top webtoon platform in France. Naver Webtoon announced on Monday that it participated...
Jul 17, 2023 (Gmt+09:00)
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Artificial intelligence
LG AI Research launches patent screening AI
South Korea's think tank LG AI Research has teamed up with the Korean Intellectual Property Office (KIPO) to develop the world's first patent screen...
Jul 14, 2023 (Gmt+09:00)
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Cloud computing
Naver supports startups using HyperCLOVA X
Naver Cloud, the cloud computing arm of Naver Corp., announced that it conducts the project "Naver AI Rush 2023" from Friday until the end of the ...
Jul 14, 2023 (Gmt+09:00)
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Webtoons
Naver Webtoon starts fortunetelling, personality test services
South Korea's Naver Webtoon has launched a service combining its content with the Myers-Briggs Type Indicator (MBTI), a US test of personality type,...
Jul 13, 2023 (Gmt+09:00)
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Korean startups
SK Telecom, Hana Financial Group jointly nurture AI startups
SK Telecom Co. and Hana Financial Group are strengthening their collaboration in the field of artificial intelligence (AI). They are jointly fosteri...
Jul 12, 2023 (Gmt+09:00)