Tech Industry
Samsung, Vodafone, and AMD Achieve First AMD-driven Open RAN Call
Samsung Electronics has Vodafone and AMD in the field of Open RAN technology. The three companies announced today the successful...
Regulatory Shake-Up: South Korea to Expel Inadequate Crypto Exchanges in 2024
South Korea's Financial Intelligence Unit (FIU) has announced plans to tighten oversight of cryptocurrency exchanges, aiming to expel platforms considered...
Korean Government Expands Overseas Presence to Drive Smart Farm Technology Exports
The Korean government plans to establish four new overseas offices in countries across the Middle East, the Commonwealth of Independent...
Platform Act Delayed: South Korea Reconsiders Regulation of Tech Giants
South Korea has indefinitely postponed the implementation of the Platform Competition Promotion Act, which aimed to regulate major platform players...
LG Chem Inks $18.8 Billion Deal with GM for EV Battery Cathodes
On Wednesday, South Korea based LG Chem announced that it has entered into a contract valued at 24.7 trillion won...
South Korea Welcomes Fourth Mobile Carrier: Stage X Secures 5G Band Rights
On Wednesday, a local consortium, Stage X secured the 5G band rights to operate the 28 gigahertz (GHz) band of...
South Korea’s Semiconductor Giants Lead Amidst Tech Sector Shifts: A Look Back at 2023
The semiconductor industry holds paramount importance for South Korea for its technological prowess and economic vitality in the world. With...
KT Corporation Shuts Down NFT Platform MINCL Amid Shifting Business Landscape
South Korea's telecom giant KT Corporation, with assets exceeding $32 billion, is set to close its NFT platform, MINCL, effective...
South Korea Unveils ‘Korean Reaper’: Advanced Spy Drones Strengthen Military Surveillance over North Korea
South Korea has initiated the mass production of a newly designed multi-purpose medium-altitude unmanned aerial vehicle (UAV) named 'Korean Reaper,'...
South Korean Government Elevates Support for U-Turn Investments in High-Tech Sectors
The South Korean government is set to boost its investment in companies returning to the country (U-turn) in advanced strategic...
Hyundai Mobis Innovates with Human-Centric Lighting for Future Mobility Environments
human-centric interior lighting has recently unveiled a smart in-vehicle lighting system designed to alleviate drivers' stress and incorporate ultraviolet disinfection...
It’s here! Samsung’s AI-Powered Galaxy S24 Series Hits the Market
Samsung Electronics has finally revealed the world's inaugural AI-powered smartphone, the Galaxy S24 series. This announcement, made on Wednesday, is...
SK On and Ford’s EV Partnership: Adapting to Market Realities
Ford's electric vehicle (EV) battery partner, SK On, foresees a challenging year for EV sales in 2024 but maintains a...
South Korea’s 2024 Basic Research Project: A $1.5 Billion Investment in Innovation
South Korea announced its commitment to basic research this year, with a planned investment exceeding 2.1 trillion won (US$1.5 billion)...
South Korean Government Takes a Stance: AI-Generated Content Denied Copyright Registration
The Ministry of Culture, Sports, and Tourism, South Korea announced its decision on Wednesday, stating that it will withhold copyright...
LIG Nex1 Debuts at Egypt’s Premier Defense Exhibition EDEX 2023
LIG Nex1(CEO Kim Ji-chan) will participate in the 'Egypt Defence Expo 2023 (EDEX)' held in Cairo, Egypt, from December 4th...
Korea Takes Action Against Technology Leakage: Proposed Bill Targets Industrial Technology Protection
The Korean government has proposed a bill to strengthen penalties concerning technology leakage. This comes amid a recent surge in...
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...
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 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,...
