Woori Bank Vietnam opens PB branch in Hanoi

Woori Bank Vietnam opens PB branch in Hanoi

South Korea's Woori Bank revealed on Tuesday that the Vietnamese corporation Woori Bank Vietnam opened its 22nd branch in Starlake, Hanoi. Star...

Samsung Electronics to up AI chip foundry sales to 50% by 2028

Samsung Electronics to up AI chip foundry sales to 50% by 2028

Samsung Electronics Co. plans to up artificial intelligence chip foundry sales to about 50% of its total foundry sales in five years with its advanc...

South Korea lags behind US, China in AI talent pool

South Korea lags behind US, China in AI talent pool

South Korea lags far behind advanced countries in nurturing artificial intelligence (AI) talent due to the lack of proper skills development program...

Samsung Med. Center achieves Korea's first uterine transplantation

Samsung Med. Center achieves Korea's first uterine transplantation

The first successful case of uterine transplantation surgery in Korea has been reported, with the patient currently preparing for pregnancy. Samsung...

Naver-invested Bering Lab tops at Huawei startup contest

Naver-invested Bering Lab tops at Huawei startup contest

South Korea’s artificial intelligence (AI) legal technology startup Bering Lab, with investment from Naver D2 Startup Factory (D2SF), receiv...

Hyundai Wia to defend against illegal drones

Hyundai Wia to defend against illegal drones

South Korea's second-largest automotive parts supplier Hyundai Wia Corp. plans to develop an anti-drone system (ADS) technology tailored to the uniq...

AI to replace high-paid, highly educated doctors, CPAs: BOK

AI to replace high-paid, highly educated doctors, CPAs: BOK

Artificial intelligence poses the biggest threat to high-paid, highly educated professionals such as medical doctors, accountants and engineering te...

Nvidia challenger Sapeon unveils new AI chip for data centers

Nvidia challenger Sapeon unveils new AI chip for data centers

Sapeon Inc., a semiconductor startup backed by South Korea’s second-largest conglomerate SK Group, on Thursday unveiled a new artificial intel...

LG, POSCO team up for unmanned robot’s facility management

LG, POSCO team up for unmanned robot’s facility management

LG Electronics Inc. announced on Wednesday it conducted a demonstration project for unmanned facility management using an artificial intelligence (A...

Upstage to develop math-specific LLM with Qanda

Upstage to develop math-specific LLM with Qanda

South Korean artificial intelligence tech startup Upstage will challenge global math solver AIs such as OpenAI’s ChatGPT and Google’s Ph...

Samsung, SK pin hopes on HBM sales with Nvidia's new AI chip

Samsung, SK pin hopes on HBM sales with Nvidia's new AI chip

South Korean memory chipmakers like Samsung Electronics Co. and SK Hynix Inc. have high hopes for fast growth in their high-bandwidth memory (HBM) s...

SK Telecom verifies AI server liquid immersion cooling tech

SK Telecom verifies AI server liquid immersion cooling tech

South Korea's SK Telecom Co. announced on Tuesday that it has successfully verified the liquid immersion cooling technology, a next-generation Inter...

Lunit gets FDA approval for AI cancer diagnosis solution

Lunit gets FDA approval for AI cancer diagnosis solution

South Korean medical AI company Lunit said on Tuesday its Lunit Insight DBT, an AI imaging diagnosis solution aiding in breast cancer diagnosis, has...

HD Hyundai opens Electrification Center

HD Hyundai opens Electrification Center

South Korea's HD Hyundai Group new opened on Monday HD Hyundai Electrification Center at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi ...

SK Hynix’s new LPDDR5T chip shipped to Vivo for X100 smartphones

SK Hynix’s new LPDDR5T chip shipped to Vivo for X100 smartphones

SK Hynix Inc. said on Monday it has commercialized the world’s fastest mobile DRAM by shipping its new advanced mobile chips, LPDDR5T, to Chin...

Samsung to unveil 3D AI chip packaging tech SAINT to rival TSMC

Samsung to unveil 3D AI chip packaging tech SAINT to rival TSMC

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil an advanced three-dimensional (3D) chip packaging technology ne...

Kakao bets on AI bot for breakthrough

Kakao bets on AI bot for breakthrough

Kakao Corp., the operator of South Korea’s dominant chat app KakaoTalk, will seek a breakthrough with an artificial intelligence-powered bot a...

JLK supplies AI stroke solutions to Philippines

JLK supplies AI stroke solutions to Philippines

JLK Inc., South Korea's stroke diagnosis specialist company, announced on Thursday it implemented two artificial intelligence (AI) stroke diagnostic...

Hankook Tire develops AI-based EV customer analysis system

Hankook Tire develops AI-based EV customer analysis system

South Korea's Hankook Tire & Technology announced on Thursday that it has developed a voice of the customer (VOC) analysis system for electric v...

Samsung to feature AI-based real time translation in Galaxy

Samsung to feature AI-based real time translation in Galaxy

Samsung Electronics Co. announced on Thursday it plans to feature AI-based translation in its upcoming Galaxy AI smartphone. AI Live Translate Call ...

Doctornow signs business agreement with Spain’s Mediktor

Doctornow signs business agreement with Spain’s Mediktor

South Korea's medical care startup Doctornow Inc. announced on Wednesday it signed a strategic business agreement with global artificial intelligenc...

Naver opens Asia’s largest data center for AI, cloud biz

Naver opens Asia’s largest data center for AI, cloud biz

SEJONG – South Korea’s online giant Naver Corp. opened Asia’s largest data center in the country to lead technology innovation and...

Korean AI startups Allganize, Neurophet raise over $35 mn

Korean AI startups Allganize, Neurophet raise over $35 mn

South Korea’s artificial intelligence technology startups Allganize Inc. and Neurophet Inc. raised about 47 billion won ($35 million) in total...

Samsung unveils generative AI Gauss, to be integrated in Galaxy S24

Samsung unveils generative AI Gauss, to be integrated in Galaxy S24

Samsung Electronics Co. on Wednesday unveiled its first generative artificial intelligence model, Samsung Gauss, to compete with the likes of ChatGP...

LG, Qraft Technologies' AI-powered ETF trades on NYSE

LG, Qraft Technologies' AI-powered ETF trades on NYSE

South Korea’s LG Group and Seoul-based Qraft Technologies Inc. have jointly launched an exchange-traded fund (ETF) that selects holdings relat...

SK Telecom’s Q3 profit up on brisk data center, cloud sales

SK Telecom’s Q3 profit up on brisk data center, cloud sales

SK Telecom Co.'s third-quarter operating profit increased 7% on-year, becoming the only South Korean mobile carrier posting an on-year gain in profi...

Lotteria to introduce kitchen robot Alpha Grill

Lotteria to introduce kitchen robot Alpha Grill

South Korea's Lotte GRS, the operator of fast food franchise Lotteria, plans to introduce a kitchen automation robot Alpha Grill in stores. Alp...

Samsung Electronics hosts AI Forum 2023

Samsung Electronics hosts AI Forum 2023

Samsung Electronics Co. held on Tuesday the Samsung AI Forum 2023 with the theme of "Super AI for a Better Tomorrow" at the Suwon Convention Center ...

SK Telecom invests in AI startups Allganize, Imprimed

SK Telecom invests in AI startups Allganize, Imprimed

SK Telecom Co. has invested a combined 9.4 billion won ($7.2 million) in artificial intelligence startups Allganize Inc. and Imprimed Inc., the top ...

Brits to enjoy K-food Bibigo at home with delivery service

Brits to enjoy K-food Bibigo at home with delivery service

South Korean food giant CJ CheilJedang Corp. started the delivery service of its K-food brand Bibigo in the UK to accelerate the expansion of the As...

NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum