open innovation program
Scope
Date
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Carbon neutrality
SK Innovation tech turns 98% of carbon dioxide into carbon monoxide
The Institute of Technology Innovation operated by SK Innovation Co. announced on Friday that it has developed electrochemical catalytic technology,...
Sep 23, 2022 (Gmt+09:00)
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Korean startups
Startup minister vows to support Korean firms' entry into overseas markets
South Korea’s startup minister Lee Young vowed to support the country’s startup ecosystem on Sunday, during her tour to the United State...
Sep 19, 2022 (Gmt+09:00)
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Future mobility
SK Telecom-led consortium to commercialize air taxis on Jeju Island
Come 2025, visitors to South Korea’s resort island of Jeju will be able to hail air taxis while there – thanks to special air routes ded...
Sep 14, 2022 (Gmt+09:00)
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Corporate strategy
LG Energy, KT join KED’s top 30 Korean innovator list
KT Corp. and Studio Dragon Corp. have joined the ranks of South Korea’s most innovative companies thanks to their creation of cultural produ...
Sep 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai opens Asia’s largest driving center in S.Korea
Hyundai Motor Group, South Korea’s top automaker, on Wednesday opened the largest driving center in Asia to showcase the performance of its ve...
Sep 07, 2022 (Gmt+09:00)
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North Korea
Ukraine war gives North Korea reasons to draw closer to Russia
SEOUL—Russia’s invasion of Ukraine has created an opportunity for North Korea, which has strengthened its ties with Moscow and beco...
Sep 02, 2022 (Gmt+09:00)
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Carbon neutrality
SK Innovation unveils plans for Scope 3 carbon emission reduction
SK Innovation Co. published its 2022 Net Zero Special Report on the company website on Wednesday, detailing its plan of action for Scope 3 carbon em...
Aug 31, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Genesis ranks top in J.D. Power’s innovative tech study
Hyundai Motor Co.'s premium brand Genesis has been recognized by industry analysts for its excellence in innovative technology and consumer experi...
Aug 26, 2022 (Gmt+09:00)
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Electronics
Remote work, small offices revive S.Korea's printer market
South Korea’s printer market has been recovering from a long slump as the rise of remote work and small or home offices has revived demand for...
Aug 17, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC appoints Lee Hoon as CIO and Jung Ho-seok as CRO
Korea Investment Corporation (KIC) said on Wednesday it has promoted Lee Hoon, its former head of investment strategy and innovation division, to th...
Aug 17, 2022 (Gmt+09:00)
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Batteries
Boston emerges as Korean firms’ R&D hub for AI, batteries
Top South Korean conglomerates Samsung and Hyundai have selected Boston as the home of their first overseas research centers for batteries and artif...
Aug 16, 2022 (Gmt+09:00)
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Perspectives
Yoon’s ‘reform’ program is already sputtering
As Yoon Suk-yeol’s presidency hits an early rough patch, it’s hard not to view his troubles through the lens of Japan’s Shinzo Abe...
Aug 15, 2022 (Gmt+09:00)
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Korean startups
Home decoration app O!House launches a beta version in Japan
“Even though different countries have varying living conditions, we all share the common goal of decorating our spaces,” Jay Lee, CEO of...
Aug 11, 2022 (Gmt+09:00)
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Artificial intelligence
LG Group to launch AI education programs for teenagers
South Korea’s LG Group will include teenagers in its mid- to long-term project to nurture artificial intelligence talent, as AI technology is ...
Aug 10, 2022 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to ease internship visa rules for foreign talent
South Korea will introduce an internship visa program for foreigners studying at overseas universities to ease a shortage of talent in the fields of...
Aug 05, 2022 (Gmt+09:00)
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Earnings
Kakao to bolster open chat, ad services for growth
South Korea’s leading online platform operator Kakao Corp. on Thursday unveiled plans to bolster its open chat and advertising businesses to a...
Aug 05, 2022 (Gmt+09:00)
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Research & Development
Sejong Univ. unveils upgraded biosensor-related technology
South Korea’s Sejong University has developed a technology to sharply reduce the detection time of biomolecules produced by cells and living o...
Aug 04, 2022 (Gmt+09:00)
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Blockchain
SK Telecom launches NFT marketplace open beta service
South Korea’s top mobile carrier SK Telecom Co. launched an open beta service of its non-fungible tokens (NFTs) marketplace TopPort as the com...
Aug 04, 2022 (Gmt+09:00)
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Airlines
Korean Air, its white knight Naver close ranks in digital partnership
South Korea’s national flag carrier Korean Air Lines Co. and online platform giant Naver Corp. are expanding their business cooperation in dig...
Jul 22, 2022 (Gmt+09:00)
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Retail
Chanel’s first VIP boutique to open in Asia – will it be in Seoul?
A couple of months ago, media outlets reported Chanel plans to open stores solely for VIP shopping in Asia.The French label is widely expected to op...
Jul 19, 2022 (Gmt+09:00)
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Artificial intelligence
AI-powered translation startup XL8 raises $2.7 million in bridge investment
Artificial intelligence-powered translation startup XL8 Inc. said on Monday it raised 3.6 billion won ($2.7 million) in a bridge round prior to Seri...
Jul 18, 2022 (Gmt+09:00)
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Korean startups
South Korean startups team up with convenience stores for drone delivery
South Korean convenient stores are ramping up competition in the business of drone delivery. The initial target regions include the Seoul subur...
Jul 13, 2022 (Gmt+09:00)
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Korean startups
Dunamu to nurture 500 Korean startups to create jobs
Dunamu, the operator of South Kora’s largest cryptocurrency exchange Upbit, has launched two programs to support 500 startups over the next fi...
Jul 12, 2022 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 showcases guided rocket at top navy exercise
South Korea’s defense exporter LIG Nex1 Co. showcased its guided rocket at the world’s largest international maritime warfare exercise l...
Jul 11, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korea ushers in new space era with rocket launch success
GOHEUNG, South Korea -- South Korea opened a new space era as it succeeded in the launch of a homegrown space rocket carrying payloads to become the...
Jun 21, 2022 (Gmt+09:00)
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Corporate investment
SK Innovation to focus on small reactors, batteries, waste recycling
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is accelerating a shift toward eco-friendl...
Jun 13, 2022 (Gmt+09:00)
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Electronics
LG Elec CEO pledges cross-industry design innovation
MILAN, Italy – South Korea’s LG Electronics Inc. will focus on upgrading its home appliance designs to reflect the latest design trends ...
Jun 09, 2022 (Gmt+09:00)
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Artificial intelligence
Naver to enter smart building market with 5G, AI robots
South Korea’s online portal giant Naver Corp. is set to enter the local smart building market with its cloud-based 5G networks and artificia...
Jun 08, 2022 (Gmt+09:00)
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Batteries
LG Energy, German institutes to jointly research advanced batteries
The world’s second-largest battery maker LG Energy Solution Ltd. has teamed up with two German research institutes to develop next-generation ...
Jun 08, 2022 (Gmt+09:00)
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Future mobility
Why Samsung didn't join race for S.Korea's air taxi project
Samsung, a name seen everywhere in South Korea from apartment complexes to home appliances, is missing on the list of bidders for the country’...
Jun 02, 2022 (Gmt+09:00)
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