Tech Industry
Tech Innovation Drive: South Korea to Invest $699 Million in National Intellectual Property Projects
South Korea has announced plans to allocate 934.1 billion won (equivalent to $698.64 million) towards national intellectual property (IP) projects...
SK Hynix To Launch of Next-Generation HBM3E DRAM Chips
SK Hynix, the world's second-largest producer of memory chips, announced on Tuesday the commencement of mass production for its latest...
CJ Freshway and Hanwha Robotics Forge Alliance for Food Service Automation
CJ Freshway Corp. and Hanwha Robotics have partnered to jointly develop food robots to enhance efficiency and working conditions in...
Naver Collaboration Boosts HD Hyundai’s Digital Shift
HD Hyundai Co. has partnered with Naver Corp. to expedite its digital transformation efforts, the company announced on Monday. This...
KT and AWS Collaborate on Generative AI and Mobile Solutions
KT, a prominent South Korean telecommunications company, has announced a strategic collaboration with Amazon Web Services (AWS), a leading provider...
Zuckerberg’s South Korea Visit: Collaborating on AI and XR Technologies with LG and Samsung
Meta CEO Mark Zuckerberg visited South Korea as part of his Asian tour, which was his first visit to the...
Mark Zuckerberg’s South Korea Trip: Meetings with Samsung and President
According to reports from South Korean media, Meta's CEO Mark Zuckerberg is planning to visit South Korea to meet Samsung...
Naver’s Webtoon Entertainment Eyes June US IPO with Goldman Sachs, Morgan Stanley
Naver, South Korea's foremost online platform operator, is gearing up to list shares of its LA-based subsidiary, Webtoon Entertainment Inc.,...
South Korean Telcos Set to Unveil AI Breakthroughs at MWC 2024
South Korea's top telecommunications companies are gearing up to present their latest artificial intelligence (AI) technology advancements at the Mobile...
KT Corp. to Onboard 1000 Employees for Tech and Media Expansion
KT Corp., South Korea's telecommunications conglomerate, has revealed its plan to onboard approximately 1,000 new employees this year, primarily focusing...
South Korea’s Finance Ministry Announces Dual Strategy for Quantum Computing and Urban Air Mobility
South Korea's Ministry of Economy and Finance has unveiled plans to drive innovation and economic growth through the introduction of...
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,'...
