Tech Industry
South Korea MSIT Invests 220 Billion Won For Next-Gen 6G R&D
The South Korean Ministry of Science and ICT (MSIT) announced that it would be investing over 220 billion won ($193...
AI Solution Startup Nota Offers ‘NetsPresso’ Tech Trials at Arm AI Tech Talk
Nota Inc., a South Korean automatic AI model compression platform provider, participated in Arm’s AI Virtual Tech Talk series. Given...
Hyundai Boosts Its Robotics Field Presence with Boston Dynamics
Hyundai Motor Group announced that it had finalized its acquisition of Boston Dynamics Inc., a US-based engineering and robotics firm....
Naver, CJ Logistics Taps Into Next-Day Delivery Service with AI Logistics
Naver Corp. announced that it had strategically teamed up with CJ Logistics to launch next-day delivery services. Moreover, the two...
Samsung Offers Gaming Versatility with 2021 Odyssey Lineup
Samsung Electronics Co., one of the globally leading gaming monitor industry players, unveiled the upgraded 2021 Odyssey monitor lineup. The...
Kakao Becomes Korea’s 5th Largest Biz Group in Terms of Market Cap
Kakao Corp., South Korea’s most popular messaging app operator, became the country’s fifth-largest business group in terms of market capitalization....
Korean Tech Giants Samsung, LG Accelerate Global 6G Standardization
The two South Korean tech companies, LG Electronics, and Samsung Electronics have been increasing their 6G standardization and commercialization operations. Although...
South Korea Improves Digital New Deal with the Data Dam Project
As part of the Korean New Deal Comprehensive Plan, South Korea’s Ministry of Science and ICT had been heading the...
Hyundai’s Future Mobility Strategies to Focus On Autonomous Robotics
Hyundai Motor Group’s Chairman Euisun Chung visited the US, seeking more openings in one of its most crucial international markets....
Kia Boosts Europe’s Zero-Emission BEV Adoption with Uber
Kia Corporation’s European unit and Uber Technologies Inc. announced that they had formed a strategic electric mobility partnership. The two...
Video Game Decacorn Startup Krafton to Raise $5 Billion in IPO
The South Korean mobile video game publisher Krafton Inc. applied for a preliminary initial public offering (IPO) approval to the...
SK Telecom Strengthens Its Metaverse Services with ViveStudios
SK Telecom Co. announced that it had formed a strategic partnership with ViveStudios, a South Korean virtual reality (VR) content production company....
KT Develops Next-Gen Neuro-Electronic Therapy Tech with NeuroSigma
KT Corp. announced that it had signed a memorandum of understanding (MOU) with NeuroSigma Inc., establishing a strategic partnership. The...
Naver’s Line, Hana Bank Expand Digital Banking Platform Across Asia
Naver Corp. and its Japanese subsidiary Line Corp. have been significantly expanding their online banking operations across various Asian countries. In...
Kakao Diversifies Its Portfolio with 2022 Digital Non-Life Insurance Launch
Kakao Corp., one of South Korea’s leading online platform operators, shared that it plans to enter the insurance industry. South...
SK Innovation Unveils ‘Safer, Faster, Longer’ EV Battery at InterBattery 2021
SK Innovation Co. unveiled new innovative electric vehicle (EV) battery technologies at InterBattery 2021, South Korea’s biggest battery industry-specialized exhibition. SK...
Naver D2SF Accelerates Startups’ Growth, Generating 99% Survival Rate
Naver Corp., South Korea’s leading Internet portal operator, shared the D2 Startup Factory’s (D2SF) robust performance and future investment plans. D2SF...
LG Energy Solution’s Stock Listing to Become Korea’s Largest IPO Yet
LG Energy Solution, LG’s automotive battery manufacturing unit, announced that it had officially started its initial public offering (IPO) process....
LG Energy Solution Highlights Future EV Battery Tech at InterBattery 2021
LG Energy Solution, an industry-leading South Korean battery solutions developer, announced that it would participate in the InterBattery 2021. Since its...
Lotte, Shinsegae Bid to Acquire eBay, Korea’s 3rd-Largest Retail Platform
The two South Korean retail companies, Lotte Group, and Shinsegae Group submitted their binding bids to acquire eBay Korea. Investment banking sources said...
