space launch vehicle startup
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Business & Politics
Hyundai Rotem wins express train supply deal from Uzbekistan
Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, has secured a 270 billion won ($196 million) order from Uzbekistan to s...
Jun 14, 2024 (Gmt+09:00)
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AgTech
LG CNS launches AI-driven smart farm using satellite
A new AI-powered smart farm utilizing satellite imagery to detect crop diseases and recommend treatment strategies is now operational, LG CNS Co., a...
Jun 14, 2024 (Gmt+09:00)
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Korean startups
Asia's largest startup fair NextRise 2024 held in Seoul
The Korea International Trade Association and Korea Development Bank announced on Thursday that the Asia's largest startup fair "NextRise 2024 Seoul...
Jun 13, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests $10 mn in Perplexity
South Korea's SK Telecom Co. announced on Thursday that it invested $10 million in Perplexity, the US-based generative artificial intelligence (AI) ...
Jun 13, 2024 (Gmt+09:00)
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Beauty & Cosmetics
L'Oréal to nurture K-Beauty startups
L'Oréal, the world's largest cosmetics group, announced on Wednesday that it is recruiting digital and innovative technology companies to p...
Jun 13, 2024 (Gmt+09:00)
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Banking & Finance
KB Securities sees wealth management assets surpass $43.6 bn
South Korea's KB Securities announced on Wednesday that its wealth management assets surpassed 60 trillion won ($43.6 billion) this month.This is fi...
Jun 12, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Rebellions-Sapeon Korea merger to challenge Nvidia’s AI chip dominance
Rebellions Inc., a South Korean artificial intelligence chip design startup, is merging with its crosstown rival Sapeon Korea Inc., an AI chip firm ...
Jun 12, 2024 (Gmt+09:00)
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Entertainment
HYBE accelerates transition into platform company
HYBE Co. is accelerating its push to transform into a platform company as it prepares to launch a new digital fan community platform. This platform ...
Jun 10, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean launches large offshore WTIV
South Korea's Hanwha Ocean Co. announced on Monday that it launched a large wind turbine installation vessel (WTIV), which it secured an order for f...
Jun 10, 2024 (Gmt+09:00)
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Markets
Korean retail investors’ US stockholdings at record high
South Korean individual investors’ US stockholdings swelled to a record $82.19 billion as of early June amid the US stock market rally, while ...
Jun 10, 2024 (Gmt+09:00)
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Automobiles
Kia launches 2024 model year of Morning
Kia Corp. announced on Monday that it launched its flagship compact car Morning's model year the 2024 Morning. The 2024 Morning featured the ne...
Jun 10, 2024 (Gmt+09:00)
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Electric vehicles
US, China to serve as Kia’s key offshore EV production bases
Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...
Jun 09, 2024 (Gmt+09:00)
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Aerospace & Defense
Nara Space selected as IPEF's top-100 climate startups
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it was selected as one of the top-100 climate tech startup...
Jun 07, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to launch EV model of Staria minivan in 2026
South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to respond to the inte...
Jun 07, 2024 (Gmt+09:00)
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Artificial intelligence
Nvidia co-leads Series A round for AI startup Twelve Labs
Global chip giant Nvidia Corp. has co-led a $50 million Series A funding round for Twelve Labs, a South Korean artificial intelligence company speci...
Jun 05, 2024 (Gmt+09:00)
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Retail
Shinsegae, CJ to tie up for product delivery, food launch
Retail-focused Shinsegae Group is set to outsource delivery services and logistics management for its e-commerce platforms such as SSG.COM and Gmark...
Jun 05, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor launches 2025 model year of Grandeur
Hyundai Motor Co. announced on Wednesday that it launched its flagship sedan Grandeur's model year the 2025 Grandeur. The Grandeur is Hyundai M...
Jun 05, 2024 (Gmt+09:00)
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Korean startups
Dog meetup app MMDC aspires to be AI pet nanny
Some call it social media for dogs, others say it's a dating app for their four-legged friends. No matter what you call it, the Meet My Dog Challeng...
Jun 05, 2024 (Gmt+09:00)
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Future mobility
Korea’s Kakao Mobility unveils global ride-hailing app to court Uber
Kakao Mobility Corp., South Korea’s top ride-hailing service provider, on Tuesday introduced the release of its global app, taking on global g...
Jun 05, 2024 (Gmt+09:00)
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Airlines
Jeju Air, Lion Air codeshare Incheon-Bali route
South Korea’s budget carrier Jeju Air Co. announced on Tuesday that it signed a codeshare agreement with Indonesia's largest low-cost airline,...
Jun 04, 2024 (Gmt+09:00)
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Robotics
Sampyo Group enters automated robotic parking business
South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...
Jun 04, 2024 (Gmt+09:00)
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Electronics
LG screens World Environment Day campaign in New York, London
LG Electronics Inc. announced on Monday that it has screend the World Environment Day (June 5) campaign video on its outdoor billboards in New York'...
Jun 03, 2024 (Gmt+09:00)
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Fintech
Korea’s BC Card starts QR code payment service in Malaysia
South Korea’s credit card issuer BC Card Co. introduced its QR code payment service in Malaysia through cooperation with the country’s n...
Jun 03, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution to discover startups in battery sector
South Korea's LG Energy Solution Ltd. announced on Monday that it will host Battery Challenge 2024, an open innovation program to discover startup...
Jun 03, 2024 (Gmt+09:00)
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ESG
Samsung launches CSR mobile magazine
Samsung Electronics Co. announced on Monday that it launched the Samsung CSR Mobile Magazine, an online webzine dedicated to highlighting the compan...
Jun 03, 2024 (Gmt+09:00)
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Aerospace & Defense
Nara Space attracts $14.5 mn series B investment
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 million) series B inv...
May 31, 2024 (Gmt+09:00)
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Korean games
Line Games to launch The Play of Genesis in Taiwan, Hong Kong
South Korea's Line Games Corp. announced on Friday that it signed a publishing agreement with Vietnam's tech giant VNG for the mobile game The Play ...
May 31, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai E&C to build Korea's 1st electrolysis-based hydrogen plant
Hyundai Engineering & Construction Co. (Hyundai E&C) has broken ground on South Korea’s first hydrogen production plant using water el...
May 30, 2024 (Gmt+09:00)
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Korean startups
KT offers reverse pitches to pick startup partners
KT Corp. has offered reverse pitches for South Korean artificial intelligence and technology startups to cooperate in the areas where it lacks in te...
May 30, 2024 (Gmt+09:00)
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Korean startups
KOTRA opens K-Tech Camp in Paris
The Korea Trade-Investment Promotion Agency (KOTRA) announced on Thursday that it established the Paris K-Tech Camp in Paris, France on May 23.KOTRA...
May 30, 2024 (Gmt+09:00)
Latest News
- 1 Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock
- 2 SK Hynix, Samsung to cut legacy DRAM output as Chinese firms catch up
- 3 Perigee, Quantum Aero to cooperate on military UAV
- 4 DevSisters, VNG Games sign Cookie Run Asia publishing deal
- 5 S&P upgrades SK Innovation credit rating to BBB-