South Korea
Hyundai Motor to Offer 55.7 Bln Won Financial Aid to Dealerships
Hyundai Motor Group said on Monday that it would offer 55.7 billion won ($46.26 million) worth of financial aid to...
SK Telecom Invests 27.6Tln Won in Nanox’s Medical Imaging Technology
SK Telecom said on Friday that it would enter the medical imaging industry after injecting a total of 27.6 trillion...
South Korea to Speed up Commercialization of Urban Air Mobility by 2025
South Korea would pass a special law to commercialize urban air mobility (UAM) transport system ahead of other countries in...
Hyundai, BTS Promote Global Hydrogen Campaign with “Positive Energy”
In celebration of World Environment Day, Hyundai Motor Group announced on Thursday that it released a new digital film titled...
NAVER D2SF Invests in Digital Health and Autonomous Driving Startups
Through its startup accelerator D2SF Startup Factory, Naver Co. invested in two new startups in digital health and autonomous driving....
Korea FTC Fines Yogiyo 468 Million Won for Price Fixing and Power Abuse
Korea Fair Trade Commission (FTC) said on Tuesday that it fined Delivery Hero Korea's Yogiyo to pay a fine of...
Samsung to Inject 8.5 Trillion Won in NAND Chip Line at Pyeongtaek Fab
On Monday, Samsung Electronics said it would inject 8.5 trillion won ($7 billion) in its advanced V-NAND flash memory chip...
South Korea to Reopen WTO Complaint over Japan’s Export Trade Curbs
On Tuesday, South Korea said it would reopen its complaint filed against Japan at the World Trade Organization (WTO) over tightened...
Celltrion’s CT-P59 Antiviral Candidate Reduces COVID-19 Virus 100-Fold
Celltrion announced on Monday that its antiviral treatment candidate CT-P59 for COVID-19 positively lowered the amount of SARS-CoV-2 virus in...
South Korea’s K-Startup Grand Challenge 2020 Now Accepting Applications until June 25th
South Korea's K-Startup Grand Challenge (KSGC), with support from the Ministry of SMEs and Startups (MSS) and National IT Industry...
Nissan: Sales Plummet Cause Withdrawal from South Korean Market
Nissan Motor Co., Ltd. announced on Thursday that it would pull out its operations from the South Korea market by...
SK Telecom, Omron Introduces Autonomous COVID-19 Quarantine Robot
In partnership with Omron Electronics Korea, SK Telecom introduced its autonomous quarantine robot powered with 5G and AI that enables...
Hyundai Mobis to Inject 1 Trillion Won for Future Mobility R&D this Year
Hyundai Mobis, a South Korean car parts maker, announced on Wednesday that it would inject around 1 trillion won ($810...
Samsung Sponsors Esports T1 with Latest Odyssey Collection
Samsung Electronics Co. announced on Wednesday that it signed an agreement with a global esports organization T1 Entertainment & Sports...
ulikekorea Introduces AI-Based COVID-19 Body Patch Monitoring Tech
uLikeKorea announced on Wednesday that it successfully developed a "COVID-19 body patch monitoring technology" that could monitor the user's real-time...
LG CNS Partners with Evernym for Blockchain-Based Identification Tech
LG CNS, the IT service affiliate of LG Group, announced on Tuesday that it partnered with U.S.-based Evernym Inc. to...
KT Deploys 5G-Powered Self-Driving Cargo Carts in Distribution Center
KT Corp. announced on Sunday that it employed the use of 5G-powered self-driving carts at its distribution center. The South...
ComeUp 2020 to Support Startups Post-Coronavirus Era
The Ministry of SMEs and Startups announced last week that it would host the ComeUp 2020 startup event in November...
Samsung Launches “The Terrace” the First Outdoor QLED 4K TV
Samsung Electronics on Friday launched its latest QLED 4K TV addition, dubbed "The Terrace," to its award-winning home entertainment Lifestyle...
Samsung Biologics Signs 287 Bln Won CMO Supply Deal with GSK
Samsung Biologics Co. on Friday said that it signed an eight-year contract manufacturing organization (CMO) deal valued at 287 billion...