Topics
Socar Acquires Korean Interior Precision Map Startup Polariant
Korean car-sharing company Socar said on April 17th that it will take over Polariant, an indoor precision positioning technology startup,...
Industrial Seoul district Guro-gu to build ‘G Valley-Only Shared Platform’
Guro-gu district in Seoul will establish a 'G Valley-only shared platform'. A Guro-gu official said on March 2nd that it...
Guro District Held Policy Advisory Committee for Smart Cities
Guro District held the fourth Smart City Policy Advisory Committee on March 19th. The policy advisory committee, held at the...
SuaLab attracts a 19 billion won investment, the largest amount among the AI Startup Industry
SuaLab, an Artificial Intelligence Korean startup, announced on the April 10th that it has attracted 19 billion won (about US$16.2...
The Asan Nanum Foundation announces the results of the local briefing session for “the 8th Jung Ju-yung Startup Competition”
The Asan Nanum Foundation said on April 15th that it has completed a successful regional briefing for the 8th Jung...
Korean student startup company “Class 101” attracts about 10 billion won in investment
A startup company led by college students has attracted 10 billion won (about US$8.7 million) worth of investment. The Ulsan...
Hyundai Mobis secures “Artificial Intelligence Image Recognition Camera” for the first time in Korea
Hyundai Mobis will secure South Korea’s first high-performance image recognition technology based on deep learning that recognizes vehicles, pedestrians and...
Korean researchers develop an Artificial Intelligence system that predicts chest diseases with 98 % accuracy
The technology that can empower medical treatment and predict problems, especially lung cancer, tuberculosis, pneumonia, and pneumothorax - the four...
Korea to install Artificial Intelligence powered street lights to prevent accidents
The Korean government has decided to introduce Artificial Intelligence street lamps equipped with IoT sensors and use them for traffic...
Naver: “AI-based personalization service increased content consumption”
Naver announced recently that its content consumption has increased because of applying Artificial Intelligence-based personalization services to news and search....
Video Messenger Azar boosts Hyperconnect revenues in 2018 to 104.5 billion won
Hyperconnect announced its 2018 performance on April 2nd. Its sales, operating profit, and net profit all grew compared to last...
Hyundai Motor Group to Accelerate Investments in Korean Startup
Hyundai Motor Co. has invested 99.3 billion won (about US$87.2 million), in 22 startups and venture funds in 2018, according...
Wiseapp: Koreans spent the most at Starbucks in the beverage retail business
Koreans spent a lot, estimated at about 1.44 trillion won (about US$1.26 billion) with credit and check cards last year...
“Cremmerce”, a Korean Startup by IBL Accumulates over 110 billion Won inTransactions
“Cremmerce”, a Korean Startup by IBL announced on April 5 it has made over 110 billion won (about US$96.5 million)...
Lezhin Comics sales surpass 10 billion won in the US market
Lezhin Comics surpassed 10 billion won (about US$8.7 million) in sales this year for the first time in the US...
Fresh food delivery Korean startup Kurly raises $88 million in new funding
Kurly, which runs Market Kurly, the fast-rising, online, door-to-door grocery service, has raised 100 billion won ($88 million) in Series...
Prosecution in KT’s hiring irregularities speeds up the investigation with arrests of key officials
The prosecution, which is investigating KT's hiring scandal, has been stepping up its investigation by arresting key officials for illegal...
DeepSearch to attract 3 billion won in Series C investment
DeepSearch Inc. (CEO Kim Jae-yoon), who is developing an Artificial Intelligence Robo Analytics, said it has got a 3 billion...
SKT’s ‘spin-out’ to grow as a global unicorn with commercialization of the in-house technology
SK Telecom will start the 'Stargate' program that will grow into a global unicorn company by commercializing its famous ICT...
Korean Gaming Industry holds “Super Shareholders’ Meeting Day” closes with the keyword “growth”
Major game companies in South Korea held shareholders' meetings on March 29th to deal with major issues. Netmarble, NCsoft, Pearl...
