ifKakaoAI 2024
Scope
Date
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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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Banking & Finance
Woori Bank to add two new branches in India 2024
South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tuesday it has obtained ...
Oct 31, 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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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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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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Leadership & Management
Korean garment maker Hansae targets growth amid economic woes
HO CHI MINH CITY – South Korean garment maker Hansae Co. expects to see decent growth in sales and profits next year despite the global clothi...
Oct 26, 2023 (Gmt+09:00)
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Fashion
Xexymix launches pop-up store in Shanghai BFC Mall
South Korea's media and e-commerce company Brand X Corp. announced on Wednesday its activewear brand Xexymix has opened a pop-up store at the BFC Ma...
Oct 25, 2023 (Gmt+09:00)
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Leadership & Management
HD Hyundai President Chung to deliver keynote at CES 2024
South Korea's No. 1 shipbuilding group’s heir apparent Chung Ki-sun will deliver a keynote speech at the world’s biggest consumer techno...
Oct 24, 2023 (Gmt+09:00)
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Energy
CS Wind eyes $2.2 bn sales in 2024 with Bladt
CS Wind Corp., a South Korean wind turbine tower manufacturer, expects its sales next year to double from last year’s to reach about 3 trillio...
Oct 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver secures $100 mn digital twin project in Saudi Arabia
South Korea's dominant web portal giant Naver Corp. has won a contract to develop a Digital Twin platform for Saudi Arabia's Ministry of Municipal a...
Oct 24, 2023 (Gmt+09:00)
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ASK 2023
Alternative investment forum ASK 2023 to begin Oct. 25 in Seoul
Major institutional investors in South Korea and global asset managers will share their views on the world economy and asset allocation strategies a...
Oct 23, 2023 (Gmt+09:00)
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Bio & Pharma
Curocell to localize blood cancer drug by 2025
South Korean biotech company Curocell Inc. on Sunday said it will apply for approval from the Ministry of Food and Drug Safety in September next yea...
Oct 23, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang to export K-Street Foods
South Korean food company CJ CheilJedang Corp. ’s strategic product lineup K-Street Food will be launched in June next year on major global ma...
Oct 23, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom, Deutsche Telekom to design LLM
SK Telecom Co. on Sunday said it will develop a large language model (LLM) specifically for the communications sector with Deutsche Telekom of Germa...
Oct 23, 2023 (Gmt+09:00)
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Future mobility
Pablo Air secures $15.5 mn in pre-IPO investment
Pablo Air Co. Ltd., a specialized drone control company, announced on Friday that it has attracted an investment of 21 billion won ($15.5 million) i...
Oct 20, 2023 (Gmt+09:00)
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Korean food
Allgot’s frozen kimbap to hit Costco shelves in US in H1, 2024
South Korean food company Allgot Co.’s frozen kimbap, which sold out immediately after landing in the US about two months ago, is on another r...
Oct 17, 2023 (Gmt+09:00)
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Electronics
Samsung, LG waging fierce war in OLED screen panels
South Korea’s Samsung Display and LG Display Co. are locked in a fierce war for supremacy in manufacturing OLED panels for monitors amid boomi...
Oct 16, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul to launch AI chatbot service for foreign visitors' tour planning
Seoul city government is in talks with tech firms including Google LLC, Microsoft Corp. and Naver Corp. to provide foreigners with artificial intell...
Oct 11, 2023 (Gmt+09:00)
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Korean startups
Rebellions, Samsung to jointly develop new AI chip
South Korea's AI semiconductor startup Rebellions announced a strategic partnership with Samsung Electronics Co. to co-develop their next-generation...
Oct 06, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs
Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...
Oct 06, 2023 (Gmt+09:00)
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Research & Development
S.Korea’s corporate R&D spending lags global rivals
Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...
Oct 05, 2023 (Gmt+09:00)
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Bio & Pharma
Lotte Biologics to break ground on 1st local CDMO plant in 2024
South Korea’s Lotte Biologics Co. is set to start building its first local facility for drug manufacturing next year, aiming for 400,000 liter...
Oct 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Kakao completes first in-house data center
South Korean tech giant Kakao Corp. has completed construction of its first in-house data center that can store 120,000 computer servers, with its l...
Sep 27, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Shinsegae Int’l to be exclusive distributor of D&G Beauty in S.Korea
South Korea's Shinsegae International said on Tuesday that it has signed an exclusive distribution contract with the Italian cosmetic brand Dolce &a...
Sep 26, 2023 (Gmt+09:00)
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E-commerce
Live commerce app Grip aims to expand into Japan, US in 2024
Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...
Sep 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy, Pan Ocean to co-develop digital solutions
South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...
Sep 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HMM embarks on biofuel ship pilot testing on global route
South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container sh...
Sep 15, 2023 (Gmt+09:00)
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Korean games
NCSOFT to run Battle Crush’s CBT in October for H1 2024 launch
NCSOFT Corp., a major South Korean game developer and publisher, is inviting game lovers to take part in the closed beta test (CBT) of its new actio...
Sep 15, 2023 (Gmt+09:00)
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Healthcare
Lotte Healthcare to launch AI-based health management platform
South Korea's Lotte Healthcare has entered the digital healthcare market through the launch next week of its personalized healthcare management pl...
Sep 15, 2023 (Gmt+09:00)
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Energy
SK E&S signs PPA agreement with Iljin Group affiliates
South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global and Bearing Art, bot...
Sep 08, 2023 (Gmt+09:00)
Latest News
- 1 Korea's Hana Bank to promote foreigners as managers in overseas units
- 2 Samsung to unveil 400-layer bonding vertical NAND for AI servers by 2026
- 3 Korean LPs sharpen eyes on GPs' post-investment management
- 4 LG Energy Q3 profit more than doubles on higher sales
- 5 Kakao Mobility to launch outdoor robot delivery