Tech Industry
SK Global Chemical Creates Aseptic Material Recycling System
SK Global Chemical Co., an SK Innovation subsidiary, announced that it would develop a resource circulation system for aseptic packaging. The South...
Food-Tech Startup SeaWith to Commercialize Cultured Meat by 2022
SeaWith, a South Korean food technology startup, announced that it aims to bring cultured meat to local restaurants by 2022....
Ad-Tech Startup Moloco Becomes First Korean Unicorn In Silicon Valley
Moloco Inc., a tech-driven advertising solutions company, reported that it had completed its Series C funding, successfully becoming a unicorn....
LG Spinoff LX Holdings to Become Korea’s 50th Largest Conglomerate
LG Corp., South Korea’s fourth-largest conglomerate, announced that it had officially launched the new spinoff holding company LX Holdings. Following...
Microsoft Korea Boosts PWD Job Opportunities Microsoft Enabler Program
Microsoft Korea announced that it would expand people with disabilities (PWD) job opportunities as part of its Microsoft Enabler Program. Currently, 15%...
LG Uplus Improves Smart Port With New 5G-based Infrastructure
LG Uplus Corp., South Korea’s third-largest cellular service provider, developed and established a shipyard crane control system at Busan Port....
SK Innovation Speeds Up Eco-Friendly Transition After Settling LG Dispute
SK Innovation Co., the leading South Korean electric vehicle battery manufacturer, plans to boost its transition into an environment-friendly company....
SK Hynix to Increase Memory Production Capital Expenditure
SK Hynix Inc., the world’s second-largest memory chip manufacturer, announced that it plans to increase its memory production capital expenditure....
Samsung Releases Mobile-Inspired Galaxy Book Pro Series
Samsung Electronics Co. introduced the all-new next-generation, mobile computing-optimized devices, the Galaxy Book Pro and the Galaxy Book Pro 360. To...
K-Startup Grand Challenge 2021 Attracts Global Startups for Acceleration Program
K-Startup Grand Challenge 2021(KSGC 2021) is a global startup acceleration program organized and financed by the Korean government, South Korea's...
Naver Whale Targets to Become No.1 Browser In South Korea
Naver Corp., a leading South Korean web browser operator, announced that it aims to become the top search engine platform...
Kakao Pay to become South Korea’s first mobile fintech to apply for IPO
Kakao Pay Corp. announced that it had filed a preliminary approval for its initial public offering (IPO) to the Korea...
Samsung Launches Highest Performing 24G SAS Enterprise SSD Storage
Samsung Electronics unveiled and launched the industry’s highest-performing 24G SAS (SAS-4) solid-state drive (SSD), the PM1653. According to Samsung, the PM1653...
SK IET IPO raises $2B, South Korea’s Biggest Listing In 4 years
SK IE Technology Co. and parent company SK Innovation Co. said they had raised 2.25 trillion won ($2 billion) for the battery component-manufacturing...
KT, Samsung Open World’s First 3GPP-Based Public Safety LTE Network
KT Corp. and Samsung Electronics announced that they had established the world’s first 3GPP-based nationwide public safety LTE (PS-LTE) network. The 3GPP (3rd Generation Partnership...
SKT Partners With LS Electric for Smart Factory Solutions
SK Telecom Co. announced that it had formed a strategic alliance with LS Electric Co. to create smart factory solutions. Founded in 1974,...
SK Hynix to Expand Foundry Operations to Tackle Chip Shortage
SK Hynix Inc., the world’s third-largest semiconductor company, announced that it plans to invest more in its chip foundry businesses....
Samsung Introduces the Galaxy Upcycling at Home to Reduce E-Waste
Samsung Electronics announced that it had added an extension to the Galaxy Upcycling program with the Galaxy Upcycling at Home. Previously,...
Naver to Focus On Growth for Future Naver Webtoon US IPO Listing
Naver Corp., South Korea’s leading search engine operator, announced that it has plans to list Naver Webtoon in the US....
KT Introduces New Quantum Hybrid Cryptography Tech for Smartphones
KT Corporation revealed that it had developed the new ‘quantum hybrid’ technology that provides quantum cryptography communication for smartphone usage. Recently,...