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SK Telecom Launches GPU-as-a-Service to Boost AI Cloud Infrastructure in South Korea

January 14, 2025

Hyundai

Hyundai Bets Big on EVs and AI with $16.65 Billion 2025 Investment Plan

January 13, 2025

Kakao Corp. had been comprehensively expanding its platforms, becoming South Korea’s fifth-largest business group in terms of market capitalization.

Kakao Becomes Korea’s 5th Largest Biz Group in Terms of Market Cap

by Kwang-Sun

June 21, 2021

Kakao Corp., South Korea’s most popular messaging app operator, became the country’s fifth-largest business group in terms of market capitalization....

South Korean tech giants, LG and Samsung, continue to develop 6G mobile communication technologies, enhancing their global 6G leadership.

Korean Tech Giants Samsung, LG Accelerate Global 6G Standardization

by KoreaTechToday Editor

June 21, 2021

The two South Korean tech companies, LG Electronics, and Samsung Electronics have been increasing their 6G standardization and commercialization operations. Although...

Hyundai Motor Group visited Motional and Boston Dynamics’ US headquarters, expanding its future mobility strategies and robotics-related innovations.

Hyundai’s Future Mobility Strategies to Focus On Autonomous Robotics

by Hayoon Kim

June 18, 2021

Hyundai Motor Group’s Chairman Euisun Chung visited the US, seeking more openings in one of its most crucial international markets....

KT signed an MOU with Monarch eTNS System developer NeuroSigma to develop and commercialize electronic treatments for numerous neurological conditions.

KT Develops Next-Gen Neuro-Electronic Therapy Tech with NeuroSigma

by Minseo Park

June 16, 2021

KT Corp. announced that it had signed a memorandum of understanding (MOU) with NeuroSigma Inc., establishing a strategic partnership. The...

Naver’s subsidiary Line and Hana Bank launched an online-only banking platform in Indonesia, strengthening its presence across Asian nations outside Korea. / photo courtesy of Hana Bank

Naver’s Line, Hana Bank Expand Digital Banking Platform Across Asia

by Hayoon Kim

June 15, 2021

Naver Corp. and its Japanese subsidiary Line Corp. have been significantly expanding their online banking operations across various Asian countries. In...

Kakao received preliminary approval from the FSC for t its new digital-only non-life insurance platform launch scheduled for 2022.

Kakao Diversifies Its Portfolio with 2022 Digital Non-Life Insurance Launch

by Siwoo Jung

June 15, 2021

Kakao Corp., one of South Korea’s leading online platform operators, shared that it plans to enter the insurance industry. South...

Lotte and Shinsegae increased asset securitization efforts as part of their final bidding for eBay Korea, South Korea’s third-largest e-commerce platform.

Lotte, Shinsegae Secures Assets Ahead of eBay Korea Bidding Finalization

by Kwang-Sun

June 14, 2021

The two South Korean retail giants, Lotte Group and Shinsegae Group increased their asset securitization efforts ahead of the eBay...

SK Innovation presented new EV battery technologies at InterBattery 2021 with enhanced safety, high-speed charging, and long driving range.

SK Innovation Unveils ‘Safer, Faster, Longer’ EV Battery at InterBattery 2021

by Minseo Park

June 11, 2021

SK Innovation Co. unveiled new innovative electric vehicle (EV) battery technologies at InterBattery 2021, South Korea’s biggest battery industry-specialized exhibition. SK...

Kakao Mobility secured 140 billion won from PEFs, raising its total outside funding to 920 billion won, the highest amount for a domestic mobility company.

Kakao Mobility Expands Services, Secures 140B Won in Shares Offering

by Hayoon Kim

June 11, 2021

Kakao Mobility Corp., the largest South Korean cab-hailing and parking service app operator announced that it had acquired additional investments....

Naver Corp. vowed to further invest in smaller companies in various sectors after the D2SF-supported startups’ combined valuation reached 1.3 trillion won.

Naver D2SF Accelerates Startups’ Growth, Generating 99% Survival Rate

by Siwoo Jung

June 10, 2021

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 started its IPO process, bringing about South Korea’s most extensive stock listing and aiming to use the proceeds to cultivate the global EV battery market.

LG Energy Solution’s Stock Listing to Become Korea’s Largest IPO Yet

by Kwang-Sun

June 10, 2021

LG Energy Solution, LG’s automotive battery manufacturing unit, announced that it had officially started its initial public offering (IPO) process....

LG Energy Solution participates at the world-renowned battery technology exhibition InterBattery 2021, introducing the newest EV battery tech. / photo courtesy of LG Energy Solutions

LG Energy Solution Highlights Future EV Battery Tech at InterBattery 2021

by Minseo Park

June 9, 2021

LG Energy Solution, an industry-leading South Korean battery solutions developer, announced that it would participate in the InterBattery 2021. Since its...

Kakao Corp. would enter the South Korean e-commerce market by launching a new e-commerce platform, reportedly named Talk Channel 2.0.

Kakao Challenges Local Rivals with E-commerce Platform Launch in July

by Hayoon Kim

June 8, 2021

Kakao Corp. currently prepares to participate in the South Korean e-commerce sector. In particular, Kakao would be launching its e-commerce platform...

Lotte and Shinsegae aim to lead the local e-commerce industry, becoming the two final competitors in eBay Korea’s acquisition after submitting binding bids.

Lotte, Shinsegae Bid to Acquire eBay, Korea’s 3rd-Largest Retail Platform

by Siwoo Jung

June 8, 2021

The two South Korean retail companies, Lotte Group, and Shinsegae Group submitted their binding bids to acquire eBay Korea. Investment banking sources said...

Naver reinforced its footing in the fast-growing European e-commerce sector by bringing digital shopping platform Smart Store to Spain, merging with Wallapop.

Naver Strengthens European E-commerce Footing with Smart Store Spain

by KoreaTechToday Editor

June 7, 2021

Naver Corp., South Korea’s leading search engine operator, shared its plans to reinforce its foothold in the fast-growing European e-commerce...

LG Display announced the winners of its OLEDs Go! Competition, optimizing the OLED display technologies’ endless innovative capabilities. / photo courtesy of Dezeen

LG Display ’s OLEDs Go! Competition Highlights OLED Display Concepts

by James Jung

June 4, 2021

LG Display, one of the world’s top display technology innovators, revealed the winners of the first OLEDs Go! Competition. LG...

SK Telecom’s One Store, attracted a 17-billion won investment from Microsoft and Deutsche Telekom, aiming to utilize the fund for its global expansion.

SKT’s One Store Secures Partnerships with Microsoft, Deutsche Telekom

by KoreaTechToday Editor

June 4, 2021

SK Telecom Co. announced that One Store, its mobile app store, had successfully secured investments from two industry-leading global companies. In...

Samsung Electronics introduced its new SSD equipped with ZNS (zone namespace) technology, the ZNS SSD, delivering higher capacity and better performance.

Samsung Sets Higher Storage Performance Threshold with 1st ZNS SSD

by James Jung

June 3, 2021

Samsung Electronics Co., one of the world’s leading advanced memory technology developers, introduced a brand new solid-state drive (SSD). The...

Naver Corp. started its venture into the domestic OTT market by becoming the third-largest shareholder in TVing, a CJ ENM affiliate.

Naver Joins OTT Media Sector Through CJ ENM Stake Purchase

by KoreaTechToday Editor

June 3, 2021

South Korea’s largest web browser operator, Naver Corp., announced that it would be strengthening its foothold in the fast-growing over-the-top (OTT)...