AI color matching system
Scope
Date
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Aerospace & Defense
Nara Space attracts $14.5 mn series B investment
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 million) series B inv...
May 31, 2024 (Gmt+09:00)
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Electronics
Samsung Electronics holds Latin America Tech Seminar
Samsung Electronics Co. announced on Thursday that it hosted the 2024 Latin America Tech Seminar in Sao Paulo, Brazil, on May 28 and 29.According to...
May 30, 2024 (Gmt+09:00)
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Artificial intelligence
Rebellions, SqueezeBits to co-work on AI model compression
South Korea’s fabless AI chip startup Rebellions Inc. and AI model compression startup SqueezeBits announced on Wednesday that they partnered ...
May 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom launches AI pet diagnostic solution in Australia
South Korea's SK Telecom Co. announced on Wednesday that it launched its AI-based pet diagnostic assistance service X Caliber in Australia and has b...
May 29, 2024 (Gmt+09:00)
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Batteries
SK On invests in Yuilrobotics for its US battery plants
SK On Co., the world’s fifth-largest electric vehicle battery producer, is slated to invest in South Korean robot automation system developer ...
May 28, 2024 (Gmt+09:00)
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Artificial intelligence
Korea Inc.’s AI executives double with LG Group leading the pack
The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...
May 28, 2024 (Gmt+09:00)
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Batteries
L&F, CNGR to collaborate to respond to US IRA
L&F Co., South Korea’s major cathode supplier announced Tuesday that it signed a memorandum of understanding (MOU) with Chinese precu...
May 28, 2024 (Gmt+09:00)
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Robotics
Everybot buys AI mobility company hycore
South Korea's service robot company Everybot Inc. acquired AI robot mobility specialist hyCore to expand into the personal mobility sector. Everybo...
May 28, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Glovis adopts system to meet US' green policies on car carriers
Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...
May 27, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Securities faces trading system server errors
Samsung Securities Co., the brokerage unit of South Korea’s top conglomerate Samsung Group, suffered system errors on its servers on Monday mo...
May 27, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Facephi to supply ID verification solutions to Samsung Securities
South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...
May 27, 2024 (Gmt+09:00)
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Advertising & Marketing
HS Ad unveils LG Uplus ad created by 100% AI
South Korea's HS Ad Inc., an advertising agency affiliated with LG Group, announced on Monday that it launched LG Uplus Corp. 's brand advertising...
May 27, 2024 (Gmt+09:00)
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Korean startups
Korean AI startups yet to join global unicorn club
The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to jo...
May 27, 2024 (Gmt+09:00)
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Automobiles
Kia to install LG Electronics’ vehicle webOS in upcoming EV3 SUV
South Korea’s LG Electronics Inc. will supply its automotive web-based operating system webOS to Kia Corp. for the carmaker’s upcoming v...
May 27, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom to launch AI assistants for corporate clients
SK Telecom Co., South Korea’s top mobile carrier, plans to introduce customized services to connect major large language models (LLMs) and cor...
May 27, 2024 (Gmt+09:00)
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Corporate strategy
SK Innovation’s Ulsan plant goes smarter with AI, robot dog, AR tech
ULSAN, South Gyeongsang Province – At a petrochemical plant run by SK Innovation Co., South Korea’s largest oil refiner, Spot, a robot d...
May 26, 2024 (Gmt+09:00)
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Energy
Samsung, KEPCO to collaborate on power facility tech
Samsung Electronics Co. and Korea Electric Power Corp. (KEPCO) announced on Friday that they signed a memorandum of understanding (MOU) to cooperate...
May 24, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax develops smart color matching AI system
Cosmax Inc., South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), built a makeup product development ...
May 23, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Lunit buys breast cancer detection AI firm Volpara Health
Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a New Zealand-based AI ...
May 22, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to unveil QLC-based NAND in H2 to lead AI storage market
Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...
May 22, 2024 (Gmt+09:00)
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Food & Beverage
Hanwha Foodtech opens R&D center in Seongnam
Hanwha Foodtech, a subsidiary of Hanwha Hotels & Resorts specializing in food and beverages, announced on Wednesday that it opened a research an...
May 22, 2024 (Gmt+09:00)
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Electronics
Samsung’s new AI PC to hit global market in mid-June
Samsung Electronics Co. will start offering the Galaxy Book4 Edge, a new addition to its latest flagship Galaxy Book4 laptop series and powered by b...
May 21, 2024 (Gmt+09:00)
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Pension funds
NPS to spur buyout, VC in US tech sector: chairman
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, will speed up its private equity (PE) investments ...
May 21, 2024 (Gmt+09:00)
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Artificial intelligence
Korean Air, Amazon to build AI customer center
South Korea's Korean Air Lines Co. announced on Monday that it will build an artificial intelligence (AI) contact center (AICC) platform in collabor...
May 21, 2024 (Gmt+09:00)
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Korean stock market
Block deals of Korean stocks surge ahead of tighter regulation
Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...
May 20, 2024 (Gmt+09:00)
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Robotics
Doosan Robotics opens Europe office in Germany
South Korea's Doosan Robotics Inc. announced on Monday that it opened the Doosan Robotics Europe office in Düsseldorf, Germany.The Doosan Robot...
May 20, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung SDS taps generative AI to counter logistics risks
Samsung SDS Co., the information technology service unit under Samsung Group, actively incorporates generative artificial intelligence and machine...
May 20, 2024 (Gmt+09:00)
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Short selling
Korea may partially lift short-selling ban from June: regulator
NEW YORK -- South Korea may partially lift a ban on short selling in the domestic stock market from as early as June, before removing the blanket ba...
May 20, 2024 (Gmt+09:00)
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Artificial intelligence
Conversational AI startup Rapeech attracts $4.4 mn investment
South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....
May 20, 2024 (Gmt+09:00)
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Corporate strategy
Hanwha Ocean to adopt Kyocera founder Inamori’s amoeba management
South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, said on Friday it has partnered with Japan’s Kyocera Commun...
May 17, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet