South Korea
Bong Joon Ho Wins Four Oscars for Thriller “Parasite”
Bong Joon Ho created history as the first Korean director to receive four Oscars awards simultaneously with his thriller hit...
Naver Q4 Profit Rise, Line Excluded from Merger Reports
Naver, South Korea’s largest internet portal and creator of the messaging app Line, reported an all-time high sales and revenue...
Samsung, SKT, Kakao Teams Up to Take on Global Tech Giants
South Korea’s top technology companies announced Friday that they would create a “dream team” revolving around artificial intelligence (AI) technology....
Coway Changes Name After Netmarble’s Aquisition
Household rental service company Woongjin Coway changed its name to Coway after it was acquired by Netmarble, South Korea’s largest...
S. Korea’s SoCar Secures 51 Bn Won Amid Legal Setbacks
SoCar announced on Wednesday that the company secured a total of 51 billion won ($43.1 million) since December from several...
MiCo BioMed Creates Kit to Confirm NCoV in an Hour
MiCo BioMed Co., Ltd. claimed on Wednesday that it recently developed a highly sensitive rapid molecular diagnostic system to confirm...
Hyundai, Kia to Suspend Production Factories amid Parts Shortage from China
Hyundai Motor Co. and its sister company Kia Motors Corp. announced on Tuesday that they would suspend parts of their...
Samsung Ran over 12 Million Cycles for New AI-powered Laundry Machine
Samsung Electronics debuted on Wednesday its new artificial intelligence (AI)-powered washers and dryers hoping to take the market lead over...
Korea to Partner with IT Giants to Run Startup Accelerator Program
The Ministry of SMEs and Startups (MSS) said on Tuesday that the Korean government plans to launch a state-run startup...
SK Telecom’s Merger with T-Broad May Create Fiercer Competition
The Korean government last week gave the go signal for the merger of SK Telecom, the nation's top mobile carrier,...
LA-Based AmazeVR Opens VR Entertainment Hub in Incheon
AmazeVR made an announced last week that the company raised an additional $2.5 million (2.95 billion won), expanding it’s funding...
Samsung Reshuffles, Creates Next-Gen Tech Platform
In Samsung Electronics Co.s' latest reshuffle, the company appointed a new chief for its home appliance business sector and formed...
Netmarble to Launch The Seven Deadly Sins: Grand Cross Within the Year
Update (April 2,2020): Netmarble announced the success of its mobile RPG adventure game The Seven Deadly Sins: Grand Cross as...
Netmarble’s A3: Still Alive Set to Release in March
Netmarble’s CEO, Kwon Young-sig announced on Wednesday during a press event that A3: Still Alive, the company’s latest endeavor in...
Supertree Blockchain Game Startup Raises 2.9 Billion Won in Series A
South Korean blockchain game developer SuperTree Co. Ltd. announced today that it raised 2.9 billion won ($2.5 million) in a...
Naver D2SF Invests into 4 Digital Healthcare Startups
Naver, through its Naver D2 startup factory (D2SF), during a media press conference, announced that the accelerator company invested in...
Proptech Startup Spacewalk Raises 8 Billion Won in Series A Funding
Property technology (proptech) startup Spacewalk announced that it raised 8 billion won ($6.85 million) in a recent Series A funding...
Court to Monitor Samsung Compliance Committee Before Lee’s Sentence
The Seoul High Court on Friday said that it would take into account the efficacy of Samsung Electronics’ new internal...
Seoul Partners with Startup Genome to Advance Startup Ecosystem
The Seoul Metropolitan Government and Startup Genome announced on Wednesday that both entities entered a partnership to advance the growth...
Star Empire to Develop LODI Platform That Nurtures K-Pop Talent
Star Empire Entertainment, a South Korean record, and label company said that it would focus on the development of the...