data-driven marketing ecosystem
Scope
Date
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Artificial intelligence
Samsung Elec, Naver tie up for smart building business
Samsung Electronics Co., the world’s largest memory chipmaker, and Naver Corp., South Korea’s online giant, have joined hands to develop...
Nov 13, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion to supply Remsima to Brazil gov’t in three-year row
South Korea's Celltrion Healthcare Co. announced on Friday its autoimmune disease treatment Remsima (ingredient: infliximab) has won a bid for the B...
Nov 10, 2023 (Gmt+09:00)
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Korean startups
Goldman Sachs lists Moloco CEO among exceptional entrepreneurs
Moloco Inc., a Silicon Valley-based ad-tech solution startup, said Wednesday that its co-founder and Chief Executive Ikkjin Ahn was named one of the...
Nov 09, 2023 (Gmt+09:00)
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Food & Beverage
SPC Samlip partners with H Mart to enter US market
SPC Samlip Corp, a unit of South Korea’s food and bakery giant SPC Group, announced on Thursday it signed a business agreement with H Mart, th...
Nov 09, 2023 (Gmt+09:00)
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Artificial intelligence
Naver opens Asia’s largest data center for AI, cloud biz
SEJONG – South Korea’s online giant Naver Corp. opened Asia’s largest data center in the country to lead technology innovation and...
Nov 08, 2023 (Gmt+09:00)
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Earnings
SK Telecom’s Q3 profit up on brisk data center, cloud sales
SK Telecom Co.'s third-quarter operating profit increased 7% on-year, becoming the only South Korean mobile carrier posting an on-year gain in profi...
Nov 08, 2023 (Gmt+09:00)
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Electric vehicles
Used electric vehicle prices drop in Korea with declining EV appeal
Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak ...
Nov 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Electronics hosts AI Forum 2023
Samsung Electronics Co. held on Tuesday the Samsung AI Forum 2023 with the theme of "Super AI for a Better Tomorrow" at the Suwon Convention Center ...
Nov 07, 2023 (Gmt+09:00)
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Fashion
The Nature Holdings goes after green fashion with Brompton
Brompton Bicycle will pursue a greener world with sustainable clothing that is stylish but durable alongside its Korean partner The Nature Holdings ...
Nov 07, 2023 (Gmt+09:00)
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Korean food
Kkanbu Chicken opens first overseas store in Philippines
South Korea's chicken franchise Kkanbu Chicken opened its first overseas branch in Manila's Solaire Resort.According to the company on Tuesday, the ...
Nov 07, 2023 (Gmt+09:00)
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Foreign exchange
Won strengthens past 1,300 mark vs dollar on short-sale ban
The South Korean won continued its bull run on Monday, strengthening past the psychologically important barrier of 1,300 level against the dollar fo...
Nov 06, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI participates in Thailand's Defense & Security 2023
Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...
Nov 06, 2023 (Gmt+09:00)
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Short selling
Korea bans short selling; battery stocks lead market rally
South Korea has temporarily suspended short selling partly to prevent illegal, naked short selling, a decision buoying stocks heavily targeted by sh...
Nov 06, 2023 (Gmt+09:00)
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Batteries
SK Ecoplant to supply fuel cells to Irish data centers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, plans to provide solid oxide fuel cells (SOFC) to Irish power ge...
Nov 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Neowiz, SK Hynix to team up for global marketing
South Korean game developer Neowiz announced on Friday it has signed a memorandum of understanding (MOU) with SK Hynix Inc. for global marketing col...
Nov 03, 2023 (Gmt+09:00)
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Food & Beverage
South Korea’s Dailybeer to enter into Singaporean market
Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint in...
Nov 03, 2023 (Gmt+09:00)
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Banking & Finance
Woori Bank opens regional headquarters in Bangladesh
South Korea's Woori Bank announced on Friday it opened its new regional headquarters in Bangladesh. In 1996, the bank launched its first branch...
Nov 03, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia's US electric vehicle sales at record-high in October
South Korea's Hyundai Motor Group set a historic sales record in the US electric vehicle market, posting its best-ever performance in October. The a...
Nov 02, 2023 (Gmt+09:00)
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Private equity
Hillhouse to up investment in S.Korea with new hires
Hillhouse Investment Management Ltd., one of the largest private equity firms in Asia, is set to create an investment team dedicated to the South Ko...
Nov 02, 2023 (Gmt+09:00)
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Retail
Shilla Duty Free partners with Line Pay to attract Asian tourists
South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobil...
Nov 02, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to target Southeast Asian defense market
South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...
Nov 02, 2023 (Gmt+09:00)
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Korean chipmakers
DRAM contract prices rebound after 27 months on rising demand
DRAM contract prices rebounded for the first time in more than two years last month amid the recovery in the consumer electronics market.The price g...
Nov 01, 2023 (Gmt+09:00)
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Bio & Pharma
Naver-invested ichrogene enters Thai market
South Korea's digital healthcare startup ichrogene, with investment from Naver D2 Startup Factory (D2SF), entered into Thai market. Naver Corp....
Nov 01, 2023 (Gmt+09:00)
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Earnings
Harman’s record profits prop up Samsung's Q3 earnings
Samsung Electronics Co., the world’s largest memory chip maker, on Tuesday reported a triple-digit quarterly increase in third-quarter profit ...
Oct 31, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver replaces Nvidia GPU with Intel CPU for its AI map app server
South Korea’s web portal giant Naver Corp. has replaced the main chip supplier of its artificial intelligence server for its map service, Nave...
Oct 30, 2023 (Gmt+09:00)
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Artificial intelligence
LG Uplus developing communications GenAI ixi-GEN
South Korea’s LG Uplus Corp. on Sunday said it is developing the generative artificial intelligence (GenAI) ixi-GEN.The large language model (...
Oct 30, 2023 (Gmt+09:00)
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Logistics
Hanjin opens representative office in Mongolia
South Korea's Hanjin Transportation announced on Friday it has opened a representative office in Ulaanbaatar, Mongolia, to expand its logistics hu...
Oct 27, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean to invest $370 million in new growth drivers
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...
Oct 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus completes second hyperscale data center
South Korea’s telecommunications company LG Uplus Corp. on Thursday announced the completion of a hyperscale data center – its second --...
Oct 27, 2023 (Gmt+09:00)
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Korean food
KGC hawks red ginseng at top US expo for health functional food
Jung Kwan Jang, the flagship brand of Korea Ginseng Corp. (KGC), has been featured at North America’s leading expo for raw ingredients of heal...
Oct 27, 2023 (Gmt+09:00)