South Korea
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...
South Korea to Launch Nuri Rocket Carrying Versatile Satellites on May 24
South Korea's Nuri rocket is gearing up for its highly-anticipated third launch on May 24, 2021, at the Naro Space...
Korea’s automobile exports hit an all-time high amid ascending electric vehicle demands
On Monday, South Korea reported an increase in automobile exports with a $17.099 billion worth of value in the first...
South Korea gears up to bring World Expo 2030 to Busan
The inspections are around the corner for the World Expo 2030. South Korea is gearing up to bring the upcoming...
Korea’s top 100 companies’ economic contribution soar by 20% in 9 years
South Korea’s top 100 companies contributed 1,238 trillion won ($945 billion) to the country’s economy in 2021, per a report...
South Korea curbs tech leaks to foreign countries
South Korea has taken crucial steps to curb illegal poaching by Chinese companies and to ensure that Korean key technology...
Hyundai Rotem set to provide upgraded army tank variants to South Korea
Hyundai Rotem has completed the production of the upgraded variant of K1A2 and K2 Black Panther main battle tanks, the...
S.Korea will track COVID-19 cases with AI-powered facial recognition from January
South Korea will soon employ a face recognition system that will use artificial intelligence to identify coronavirus-infected people. The administration...
South Korea sets site engineering standards for big tech firms
The South Korean Ministry of Science and ICT have set guidelines for tech firms operating in the country. The guidelines...
National AI complex project starts in South Korea: New AI hub in making
South Korea will be getting its first-ever National AI Industrial Convergence Complex, which is expected to be completed by 2024....
Korea to expand bilateral ties with the U.S. to resolve semiconductor shortage
The U.S. and South Korea governments will be working together to stabilize the global supply-chain issue in the semiconductor industry....
KAI’s $2bn worth investment is its next big project to enter the global space industry
The South Korean jet maker KAI has declared its plans to expand the company's operations with an investment of $1.87...
