Newly Appointed Minister Pledges to Boost EV Sector, Kickstart Export Surge
During the recent visit to Hyundai Motor Co.'s factory, Newly appointed Industry Minister Bang Moo-kyu pledged to provide extended support...
Naver Introduces HyperCLOVA X: Rivaling ChatGPT in AI Frontier
On Thursday, South Korean tech giant Naver introduced its generative artificial intelligence (AI) tool, HyperCLOVA X. This development places Naver...
Naver Plans AI Expansion for Cross-Industry Partnerships Through HyperCLOVA X
Naver, a prominent South Korean tech company, plans to deploy its AI model, 'HyperCLOVA X..' This artificial intelligence framework, designed...
Telco Giants Unite: SK Telecom and Global Partners Create a Platform for AI-Powered Business Models
SK Telecom, along with leading telecommunications companies from Europe, the Middle East, and Asia, announced the launch of the "Global...
Korean Ministry of Science and ICT Announces $1 Billion Worth of Loans and Guarantees Policy for the Digital Sector
The Ministry of Science and ICT announced a new loans and guarantees policy, worth $1 billion (1.3 trillion won) on...
South Korea introduces new policy measures to promote the exports of digital products
On Monday, South Korea proposed new policy measures for the promotion of next-generation digital products, such as online media platforms,...
Samsung Electronics to invest $22.7 million to improve smart factories of small and medium-sized enterprises
Samsung Electronics unveiled its Smart Factory 3.0 project on Wednesday, committing approximately $22.7 million (30 billion won) over the next...
South Korean display companies aim to strengthen the industry and reclaim global leadership with a $49.21 billion investment
South Korea's Ministry of Trade, Industry, and Energy (MOTIE) plans to strengthen the domestic display industry by collaborating with major...
South Korea announces $135.9 million worth financial support for local shipbuilders
South Korea is providing financial support of up to $135.9 million (180 billion won) to Korean shipbuilders. The Ministry of...
KT plans two next-generation artificial intelligence service robots for the hospitality sector
The South Korean telecom services provider, Korea Telecom Corporation announced the release of two types of next-generation robots. The two...
KT develops and commercializes new 5G Infrastructure Intelligent Control Solution
The information and communication technology (ICT) based telecom service provider of South Korea, KT announced on Wednesday that the enlargement...
LG Chem to construct next hub of K-battery in Korea with China’s Huayou Cobalt
South Korea's petrochemical and electronic material manufacturer, LG Chem announced its partnership on Monday with China's Huayou Cobalt, a mining...
South Korea eyeing to power up the global supply chain of lithium and other major minerals
South Korea dispatched a joint delegation to South American nations, Chile and Argentina on Monday. According to the South Korean...
South Korea to provide $5.32 billion worth of financial support to battery manufacturers
The South Korean government has announced a $5.32 billion i.e. 7 trillion won worth of financial support for domestic battery...
