KT to Invest $5.4 Billion in AI Services by 2027 to focus on Robotics, Healthcare, and Education
South Korean telecom provider KT Corp. has announced its plan to invest approximately 7 trillion South Korean won ($5.4 billion...
Massive Payout: South Korea Slapped with $108.5 Million Penalty for Samsung Merger
South Korea has been ordered by the International Centre for Settlement of Investment Disputes to compensate hedge fund Elliott approximately...
KT Introduces AI Tutor for its AI Codiny Platform
KT Corp, the Korean conglomerate, has recently integrated "AI Tutor," an interactive block coding service, into its coding education platform,...
Hyundai Glovis Expands Smart Logistics Portfolio Through Altiall Acquisition
Hyundai Glovis, the logistics subsidiary of Hyundai Motor Group, plans to enhance its smart logistics solution business by acquiring Altiall,...
Korea Establishes First National Standard for AI Ethics in Response to Generative AI Technology
The National Institute of Technology and Standards (NITES) under the Ministry of Trade, Industry, and Energy has established the first...
South Korea Considers Revising Password Replacement Rule to Enhance Data Privacy
The South Korean government is considering revising the regulation that mandates personal information handlers to change their passwords every six...
LG Uplus and Hyundai Elevator Introduce MIRI View: AI-Powered Passenger Safety System for Elevators
LG Uplus, the third-largest mobile carrier in South Korea, has announced its collaboration with Hyundai Elevator Co. to introduce MIRI...
HL Clemove Partners with Neubility to Develop Autonomous Robot Technology
HL Clemove, a South Korean company specializing in autonomous driving solutions, partners with Neubility, a platform focused on autonomous robot...
LG Electronics and Seoul Metropolitan Govt Drive Forward Traffic Safety with V2X Solutions
LG Electronics, in partnership with the Seoul Metropolitan Government, has recently implemented an advanced accident prevention system in school zones...
LG StandbyME Go 27LX5 Introduces A Briefcase-Inspired Portable Display
LG has introduced the StandbyME Go 27LX5, its latest innovation in portable entertainment. With a briefcase-like design, the StandbyME Go...
Siebert Financial Corp. Receives $17 M Investment from Kakao Pay, Appoints Simon Shin as External Director
Kakao Pay, the online payment service of South Korean tech giant Kakao, has successfully invested $17 million in Siebert Financial...
SK Hynix Unveils the Fastest DDR5 Memory Chips in Collaboration with Intel
SK Hynix, the Korean memory chip giant, announced the completion of developing its fifth-generation DDR5 DRAM based on 10-nm process...
Naver Expands Global Reach with AI Model for Foreign Governments
South Korea's leading internet search engine, Naver, is gearing up to provide customized versions of its latest artificial intelligence model...
South Korea’s First Commercial-grade Satellite Nuri Rocket Lifts Off
The domestically-designed Nuri rocket, carrying a commercial-grade satellite, successfully lifted off on Thursday, marking the next milestone in South Korea's...
SK Telecom, KT Corp., and LG Uplus Hit with $25.4 Million Fine for Misleading 5G Speed Claims
South Korea's antitrust regulator, the Fair Trade Commission (FTC), has imposed a combined fine of 33.6 billion won ($25.4 million)...
Google, Microsoft Threaten Naver’s Dominance as Search Market Share Declines
Naver Corp., the longstanding leader in the Korean search engine market, faces increasing competition from global tech giants like Google...
Naver Webtoon’s Toon Filter Records 20mn Global Image Conversions
South Korea's largest webtoon platform, Naver Webtoon, has announced the upcoming launch of an English version of its AI art...
Bank of Korea to Take Traditional Approach to Crypto Regulations
The Bank of Korea (BOK), the central bank of South Korea has shared its stand on implementing similar regulations in...
Samsung and LG to Collaborate to Produce OLED displays
Samsung Electronics and LG Display have reportedly reached an agreement to collaborate on organic light-emitting diode (OLED) displays, marking a...
LG Electronics Unveils LG CreateBoard Series for Digital Learning in Education
LG Electronics has recently unveiled its latest offering, the LG CreateBoard series, in an attempt to transform the education sector....
