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August 4, 2021

Korean tech giant, Samsung Electronics, has turned its focus to foldable phones in the hopes of gaining an edge over...

LG unveils the newest LG TONE Free additions, supporting improved audio technologies to offer upgraded earbud performance and boost user convenience.

LG’s 2021 LG TONE Free Delivers Optimal Listening Experience

July 30, 2021

LG Electronics introduced the new 2021 LG TONE Free FP8 and FP9 earbuds, enhancing its wireless stereo listening experience. The...

SK partners with various food technology innovators, spreading healthier and accessible food options and creating a more sustainable food chain.

SK Enters Food Technology Innovation Scene To Advance Sustainability

July 30, 2021

SK Inc., SK Group’s investment arm, announced that it injected more than $100 million into promising global food technology developers....

Daum Webtoon rebrands as Kakao Webtoon, sharing its goal to offer the industry’s most innovative user interface and user experience. photo shows Kakao Webtoon's official model IU. / photo taken from Kakao Webtoon's official teaser video on YouTube.

Daum Rebrands As Kakao Webtoon Amid Soaring Competition

July 28, 2021

Kakao Entertainment Corp., an industry-leading South Korean entertainment content provider, revealed that it would be rebranding Daum Webtoon as Kakao...

Samsung and CJ ENM take entertainment content creation to the next level, providing innovations for the fast-growing virtual production sector.

Samsung, CJ ENM to Lead Global Virtual Production Scene

July 27, 2021

CJ ENM, one of Asia’s leading entertainment and media companies, teamed up with Samsung Electronics Co. to establish a globally...

Kakao Mobility and GS Caltex would create synergy in future mobility, combining their respective capabilities in tangible and intangible business areas.

Kakao Mobility, GS to Accelerate Future Mobility Transition

July 27, 2021

Kakao Mobility Corp., one of South Korea’s top mobility service providers, received 30 billion won ($26 million) in funding from...

SK Global Chemical, Dongmin Industry Cooperative and various local sustainability firms to upcycle bale silage plastic wastes into eco-friendly products. / photo courtesy of SK Global Chemical

SK Global Chemical Upcycles Plastics Into Green Films and Fabrics

July 26, 2021

SK Global Chemical Co., a core SK Innovation subsidiary, teamed up with Dongmin Industry Cooperative to collect and recycle used...

KakaoBank’s share listing attracted extensive support from investors and broke various IPO records despite the ongoing debate on its valuation.

KakaoBank’s IPO Draws Record-Breaking Bids Amid Valuation Talks

July 23, 2021

KakaoBank, Kakao Corp.’s Internet-only retail lender, is set to acquire 2.55 trillion won ($2.2 billion) after pricing its initial public...

Naver partnered with Shinsegae as part of its shopping biz expansion plan, venturing into local meal kit commercialization, logistics, and luxury goods.

Naver Beefs Up Online-Offline Commerce with Shinsegae Collaboration

July 23, 2021

Naver Corp., the operator of South Korea’s top search engine, plans to build up its online and offline shopping businesses...

Yanolja Cloud partnered with VNTravel to accelerate the digital transformation of Vietnam’s travel and leisure sector using cloud-based and SaaS solutions.

New Yanolja Unit Offers Digital Travel Tech With Vietnam’s VNTravel

July 22, 2021

Yanolja Cloud, a South Korean travel technology provider, formed a strategic collaboration with VNTravel, the leading travel company in Vietnam....

Hyundai Mobis presented M.Brain, the world’s first in-vehicle brainwave measuring healthcare technology, reducing drowsiness-caused vehicular accidents.

Hyundai Mobis Unveils World’s 1st In-Vehicle Brainwave Tech M.Brain

by Siwoo Jung

July 22, 2021

Hyundai Mobis, South Korea’s leading automotive parts supplier, announced that it succeeded in developing M.Brain after three years of research...

Bank of Korea selected Kakao’s Ground X, a blockchain tech firm, as its preferred bidder for the central bank digital currency program, aiming to digitalize financial services.

Kakao’s Ground X Joins Bank of Korea’s Digital Currency Project

July 21, 2021

South Korea’s central bank, the Bank of Korea (BOK), officially selected Ground X, Kakao Corp.’s blockchain technology subsidiary, as a...

South Korea’s Digital New Deal provided extensive support to local technology startups, enabling them to expand their presence throughout overseas markets.

Korea’s Digital New Deal Sends Startups Across Global Stages

July 21, 2021

In line with the Digital New Deal, South Korea’s Ministry of Science and ICT (MSIT) has proactively pursued investment strategies...

Samsung unveiled the latest model of the 1000-inch "The Wall", its next-gen modular display, offering cutting-edge features and a dynamic display platform. / photo courtesy of Samsung Electronics

Samsung Reimagines Display Tech with New 1,000-Inch ‘The Wall’

July 20, 2021

Samsung Electronics Co., one of the world’s largest TV manufacturers, officially unveiled the 2021 version of ‘The Wall,’ a next-generation...

LG revealed its plans to apply 100% renewable energy to its domestic and overseas operations by 2050 in addition to its 2030 carbon neutrality goal.

LG Ensures Sustainability with 100% Renewable Energy Goal by 2050

July 19, 2021

LG Electronics announced that it plans to comprehensively adopt renewable energy sources for its domestic and international operations by 2050....

KT partners with Samsung to introduce Korea’s first-ever commercial 5G Standalone (5G SA) network service using highly advanced RAN and vCore technologies.

KT, Samsung Offers First Commercial 5G SA Network in Korea

July 16, 2021

KT Corp. and Samsung Electronics officially launched the first-ever commercial 5G Standalone (SA) network service in South Korea. Thanks to...

LG Chem shared its plans to cultivate new growth engines, including battery materials and life sciences, promoting value and sustainability.

LG Chem Delves Into Biomaterials, E-Mobility, And Innovative Drugs

July 15, 2021

LG Chem, South Korea’s largest chemical manufacturer, would invest 10 trillion won ($8.7 billion) through 2025 to expand its existing...

LG Innotek shared its ESG company accomplishments, including increasing green management tasks, providing employee support, and assisting shareholders. / photo courtesy of LG Innotek

LG Innotek Reorganizes ESG Efforts Amid Reduced Emissions

July 14, 2021

LG Innotek, one of the leading South Korean electronic component manufacturers, shared its ESG-related accomplishments in the 2020-21 Sustainability Report....

Market researcher Moody’s announced traditional South Korean banks to provide more services similar to online banking platforms to boost market standing.

Traditional Korean Banks to Catch Up to KakaoBank Digital Bank Success