South Korea
Hanwha Systems Launches South Korea’s First Privately-Owned Earth Observation Satellite
Hanwha Systems has successfully launched South Korea's inaugural privately-owned commercial Earth observation satellite. The "Small Synthetic Aperture Radar (SAR) Satellite,"...
South Korea Set to Launch First Spy Satellite to Monitor North Korean Activities
South Korea has announced its plan to launch its first domestically built spy satellite at the end of this month....
Korea’s Tech Investment Soars: $3.8 Billion Allocated for 12 Strategic Technologies
The Korean government has designated 25.9 trillion won from the 'next year budget plan' for the national R&D (research and...
South Korea’s Battle Against Technology Leaks: Strengthened Regulations and Penalties
The Ministry of Trade, Industry and Energy (MOTIE) announced its intention on December 28 to enhance the safeguarding of high-tech...
South Korean Regulator Fines Telecom Giants $25 Million for Inflating 5G Speed Claims
South Korea's competition watchdog, the Korea Fair Trade Commission (KFTC), has revealed its decision to levy fines totaling KRW 33.6...
Semiconductor Ecosystem Fund: South Korea Invests $229.25 Million to Support Chip Industry Growth
South Korea's Ministry of Trade, Industry and Energy announced on Monday the establishment of a fund valued at 300 billion...
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...
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...
CJ OliveNetworks Partners with Korea Internet & Security Agency to Bolster Information Security Proficiency of SMEs
CJ OliveNetworks, a digital software developer in South Korea, announced on Wednesday its initiative to engage small and medium-sized enterprises...
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...
LS Cable & System and Hanwha Corporation partner to develop South Korea’s biggest offshore wind farm
LS Cable & System, a cable solution provider based in South Korea, has partnered with Hanwha Corporation, a leading construction...
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,...
Celltrion to develop oral autoimmune disease treatment with US firm
Celltrion, a leading biopharmaceutical company in South Korea, has partnered with Rani Therapeutics, a US-based clinical-stage biotech company. According to...
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...
Korean IT company CJ OliveNetworks fosters young creative talent through the ‘Local Pioneer School’ program
CJ OliveNetworks, a Seoul-based digital service company that provides system integration, cloud solutions, digital marketing, and IT infrastructure services, is...
Korea Hydro & Nuclear Power plans world’s largest salinity gradient power plant in Donghae
South Korea's largest power generation company, Korea Hydro & Nuclear Power Co. (KHNP), has announced its plan to develop the...
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...
Hyundai Motors’ First EV-Dedicated Factory in Korea to Open Soon
South Korean automaker Hyundai Motor Co has announced that it has invested KRW 2 trillion ($1.5 billion) to build an...
Korea starts 6G-based personal aerial vehicle testing in Incheon
South Korea has begun testing 6G technology with personal aerial vehicles (PAVs) in Ongjin County, Incheon City. At a signing...
South Korea announces ‘Global Innovation Zone Plan’, plans 10 innovation special zones by 2027
On Monday, South Korea's Ministry of Small and Medium-sized Enterprises (SMEs) and Startups announced the 'Global Innovation Special Zone Creation...