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Massive Payout: South Korea Slapped with $108.5 Million Penalty for Samsung Merger
South Korea has been ordered by the International Centre for Settlement of Investment Disputes to compensate hedge fund Elliott approximately...
KT Introduces AI Tutor for its AI Codiny Platform
KT Corp, the Korean conglomerate, has recently integrated "AI Tutor," an interactive block coding service, into its coding education platform,...
Hyundai Glovis Expands Smart Logistics Portfolio Through Altiall Acquisition
Hyundai Glovis, the logistics subsidiary of Hyundai Motor Group, plans to enhance its smart logistics solution business by acquiring Altiall,...
Hyundai Motor Group Invests $1.02 Billion to Accelerate Future Mobility Solutions
Hyundai Motor Group, a South Korean automobile maker, recently announced an investment of approximately $1.02 billion (1.3 trillion won) in...
LG Uplus and Hyundai Elevator Introduce MIRI View: AI-Powered Passenger Safety System for Elevators
LG Uplus, the third-largest mobile carrier in South Korea, has announced its collaboration with Hyundai Elevator Co. to introduce MIRI...
LG Electronics and Seoul Metropolitan Govt Drive Forward Traffic Safety with V2X Solutions
LG Electronics, in partnership with the Seoul Metropolitan Government, has recently implemented an advanced accident prevention system in school zones...
LG StandbyME Go 27LX5 Introduces A Briefcase-Inspired Portable Display
LG has introduced the StandbyME Go 27LX5, its latest innovation in portable entertainment. With a briefcase-like design, the StandbyME Go...
Siebert Financial Corp. Receives $17 M Investment from Kakao Pay, Appoints Simon Shin as External Director
Kakao Pay, the online payment service of South Korean tech giant Kakao, has successfully invested $17 million in Siebert Financial...
Naver Expands Global Reach with AI Model for Foreign Governments
South Korea's leading internet search engine, Naver, is gearing up to provide customized versions of its latest artificial intelligence model...
Samsung Electronics to invest $22.7 million to improve smart factories of small and medium-sized enterprises
Samsung Electronics unveiled its Smart Factory 3.0 project on Wednesday, committing approximately $22.7 million (30 billion won) over the next...
SK Telecom, KT Corp., and LG Uplus Hit with $25.4 Million Fine for Misleading 5G Speed Claims
South Korea's antitrust regulator, the Fair Trade Commission (FTC), has imposed a combined fine of 33.6 billion won ($25.4 million)...
Google, Microsoft Threaten Naver’s Dominance as Search Market Share Declines
Naver Corp., the longstanding leader in the Korean search engine market, faces increasing competition from global tech giants like Google...
Naver Webtoon’s Toon Filter Records 20mn Global Image Conversions
South Korea's largest webtoon platform, Naver Webtoon, has announced the upcoming launch of an English version of its AI art...
Samsung and LG to Collaborate to Produce OLED displays
Samsung Electronics and LG Display have reportedly reached an agreement to collaborate on organic light-emitting diode (OLED) displays, marking a...
SK Shieldus and DOGU to enhance guided patrol robots
SK Shieldus, a life care platform company owned by SK Group and DOGU, a robotics research and development company will...
LG Electronics Unveils LG CreateBoard Series for Digital Learning in Education
LG Electronics has recently unveiled its latest offering, the LG CreateBoard series, in an attempt to transform the education sector....
Samsung Develops In-House AI Platform for Employees, Avoiding Leaks and Enhancing Data Privacy
Samsung is making its mark in generative AI with the development of its platform, similar to OpenAI's ChatGPT and Google's...
LG Electronics Files Patent for NFT-Trading TV, Expands Metaverse Integration
LG Electronics, the South Korean consumer tech giant, has filed a TV patent for enabling users to engage in NFT...
Kakao Mobility and Kia collaborate to develop purpose-built vehicle for ride-hailing services
South Korea's Kakao Mobility, a ride-hailing subsidiary of Kakao and Kia Corporation, an automobile maker, signed a memorandum of understanding...
NAVER’s ZEPETO Avatars to Get Smarter with Integration of Google’s PaLM 2
NAVER Z, the operator of the virtual world platform ZEPETO, has announced plans to expand the use of ZEPETO avatars...
