Samsung startup innovation awards
Scope
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Research & Development
Samsung Electro-Mechanics, Postech to develop materials, parts talent
Samsung Electro-Mechanics on Sunday said it has teamed up with Pohang University of Science and Technology (Postech) to develop outstanding human re...
Nov 21, 2022 (Gmt+09:00)
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Korean startups
Deeping Source turns visual data into info that drives business decisions
Deeping Source Inc., an artificial intelligence (AI) analytics startup, turns real-life visual data into insight that can drive business decisions.&...
Nov 20, 2022 (Gmt+09:00)
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Samsung Group
YouGov ranks Samsung Elec. as world's top brand, ahead of Google
Samsung Electronics Co. is the world’s top brand with a score of 127, according to research firm YouGov’s Global Best Brand Rankings for...
Nov 20, 2022 (Gmt+09:00)
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Electronics
Vertu, Motorola, Xiaomi eye Korean smartphone market as LG exits
South Korea’s smartphone market is notoriously hard for foreign mobile phone makers to crack. So hard that some people call it the “grav...
Nov 18, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung's chipmaking unit raises initial base salary to match SK Hynix's
Samsung Electronics Co.'s device solutions (DS) division, which manufactures semiconductors and displays, has raised its initial annual base salary ...
Nov 18, 2022 (Gmt+09:00)
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Leadership & Management
Korean startup CEOs’ ethical scandals emerge as major risk factor
Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...
Nov 18, 2022 (Gmt+09:00)
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Korean startups
Mobility startup Poen takes first place at Geeks Show Up event in Jeju
South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...
Nov 18, 2022 (Gmt+09:00)
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Foreign exchange
Korean exporters suffer FX derivate losses on weak won
More South Korean exporters suffered massive losses from foreign exchange derivatives on a weaker won, failing to benefit from the unit’s depr...
Nov 17, 2022 (Gmt+09:00)
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Korean startups
Data startup BankSalad begins monetizing free genetic testing
BankSalad Co., once known as a fintech company that develops banking apps, added a new vertical last year that has witnessed robust demand. The...
Nov 17, 2022 (Gmt+09:00)
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Electronics
Samsung, LG products sweep CES 2023 innovation awards
South Korea’s two largest home appliance makers – Samsung Electronics Co. and LG Electronics Inc. – have swept a record number of ...
Nov 17, 2022 (Gmt+09:00)
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Artificial intelligence
KT unveils AI strategy, including hyperscale AI commercialization
South Korea’s second-largest wireless carrier KT Corp. unveiled a set of steps it will take to commercialize the internally developed Hypersca...
Nov 16, 2022 (Gmt+09:00)
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Korean startups
Korean startup Perigee aspires to become Asia's SpaceX, MOU with PhilSA
Daejeon-based Perigee Aerospace Inc. has taken a number of steps with the aim of becoming the next Space Exploration Technologies Corp. (SpaceX), th...
Nov 16, 2022 (Gmt+09:00)
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Healthcare
Galaxy Watches gauge body indicators at level of specialized medical devices
The Galaxy Watch series of Samsung Electronics can gauge major indicators of human health with similar accuracy as that of professional medical devi...
Nov 16, 2022 (Gmt+09:00)
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Korean startups
Promising K-startups to present B2B transition strategies at Geeks Show Up
Come this Thursday, 10 select startups will duke it to prove their business-to-business (B2B) model has the best chance of success. The start...
Nov 15, 2022 (Gmt+09:00)
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Construction
Saudi crown prince to meet Korean business leaders in Seoul
Saudi Arabia’s crown prince Mohammed bin Salman is known to be planning meetings with leaders of major South Korean conglomerates, including S...
Nov 15, 2022 (Gmt+09:00)
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Corporate strategy
LG Elec to bet on healthcare, mobility, metaverse in N.America
LG Electronics Inc., the global top home appliance maker, will bet on the healthcare, mobility and metaverse sectors in North America through invest...
Nov 13, 2022 (Gmt+09:00)
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Korean startups
Chipmaker Netsol unveils first STT-MRAM in South Korea
South Korea’s fabless memory semiconductor design house Netsol announced on Friday that it developed the country’s first STT-MRAM, a nex...
Nov 11, 2022 (Gmt+09:00)
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Korean startups
Delivery startup VtoV raises $7.2 million from Series A round
South Korean logistics startup VtoV, the operator of optimized delivery service To-Day, raised 9.5 billion won ($7.2 million) from a Series A round....
Nov 11, 2022 (Gmt+09:00)
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Electronics
Galaxy S22 smartphone named to Time's 'Best Inventions of 2022'
The smartphone Galaxy S22 Ultra is one of three products by Samsung Electronics included on a list of this year's best inventions by the American ma...
Nov 11, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia
Samsung C&T Corp., the construction and trading arm of Samsung Group, is set to build an infrastructure for maritime transportation of clean hyd...
Nov 10, 2022 (Gmt+09:00)
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Food & Beverage
Intake bets on alternative meat, zero-calorie drinks for future of food tech
South Korean food tech startup Intake Corp. sells a wide range of meat alternatives, such as plant-based egg substitutes and vegan burger patties.&n...
Nov 10, 2022 (Gmt+09:00)
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Samsung Group
Lawmakers’ move to amend law could rattle Samsung governance
South Korean lawmakers are moving to revise an insurance industry law that would force Samsung Group-affiliated insurers to sell their shares in Sam...
Nov 10, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops liquefied hydrogen fuel cell system
Samsung Heavy Industries has succeeded in developing a liquefied hydrogen fuel cell system for use in marine propulsion. The electric power is ...
Nov 09, 2022 (Gmt+09:00)
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IPOs
E-book platform Millie's Library drops IPO plan on tepid market interest
South Korean e-book platform Millie’s Library dropped its listing plan on Nov. 8 due to tepid demand from institutional investors, marking the...
Nov 09, 2022 (Gmt+09:00)
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Korean startups
South Korea’s biggest startup event ComeUp 2022 kicks off in Seoul
South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...
Nov 09, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung’s new NAND boasts industry’s highest storage capacity
Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass producing its latest NAND chip, which features the industry&rsqu...
Nov 08, 2022 (Gmt+09:00)
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Samsung Group
Samsung to only use Qualcomm’s AP for Galaxy S23 series
Samsung Electronics Co. is poised to release the Galaxy S23 series smartphones in mid-February, those familiar with the development told The Korea E...
Nov 07, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics in CDO deal talks with global pharma firm
FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...
Nov 07, 2022 (Gmt+09:00)
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Korean startups
Shinhan Future's Lab opens startup accelerator in Japan
South Korea's Shinhan Financial Group said on Monday it held a ceremony Friday to launch Shinhan Future's Lab Japan in Tokyo.The business accelerati...
Nov 07, 2022 (Gmt+09:00)
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Corporate strategy
Korea Inc. accumulates cash as economic downturn deepens
South Korean companies, led by the country’s most valuable firm Samsung Electronics Co., have rushed to accumulate cash as interest rates kept...
Nov 07, 2022 (Gmt+09:00)
Latest News
- 1 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 2 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 3 AI startup MarqVision raises $16.5 mn to close Series A
- 4 Taihan Cable wins $630 mn power grid project in Singapore
- 5 Korean startup scene is gloomy, say 2 out of 5 startup CEOs