Korea to invest $367 million to nurture AI, metaverse, digital talent

Korea to invest $367 million to nurture AI, metaverse, digital talent

South Korea plans to spend 453.7 billion won ($367 million) this year to nurture digital talent in the fast-growing business sectors, including the ...

KT to unveil super AI to challenge OpenAI's ChatGPT

KT to unveil super AI to challenge OpenAI's ChatGPT

South Korea’s KT Corp. is set to commercialize a super artificial intelligence (AI) tool in the first half of this year, according to industry...

CMG Pharma acquires animal nutrition company ING Medix

CMG Pharma acquires animal nutrition company ING Medix

CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, said on Monday that it is moving into the pet nutrition supplement market by acquirin...

Korea's Webcash to expand B2B fintech solutions in Cambodia

Korea's Webcash to expand B2B fintech solutions in Cambodia

Webcash Co. a leading business-to-business (B2B) fintech solutions provider in South Korea, said on Thursday its Cambodian affiliate KOSIGN and Phno...

Hyundai L&C wins GR certification for recycled PET packaging sheets

Hyundai L&C wins GR certification for recycled PET packaging sheets

Hyundai Living & Culture, Hyundai Department Store Co. Group's building materials unit, said on Wednesday that it has received Good Recycled Pro...

Hancom Frontis to develop AI digital human, 3D scanning project

Hancom Frontis to develop AI digital human, 3D scanning project

Hancom Frontis, a Hancom Group company specializing in the metaverse, said on Tuesday that it has signed a three-way agreement with the Tech Univers...

SK Hynix introduces AI solution to semiconductor process

SK Hynix introduces AI solution to semiconductor process

SK Hynix Inc. said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intelligence (AI) solution...

S-1 calls AI video solutions core of this year's AI security market

S-1 calls AI video solutions core of this year's AI security market

Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions such as intelligent cl...

Smart transportation solution provider Alt-A enlists pre-Series A funding

Smart transportation solution provider Alt-A enlists pre-Series A funding

Alt-A, which provides a transportation system specialized in last-mile roads, said Monday that it has received pre-series A funding from Shinh...

Samsung unveils AI-powered, better-connected TVs

Samsung unveils AI-powered, better-connected TVs

Samsung Electronics Co. on Tuesday unveiled its 2023 lineup of smart TVs connected to several Internet of Things (IoT) devices, without using separa...

SKC's film business units change their names, start anew

SKC's film business units change their names, start anew

SKC Future Materials and SKC Hi-Tech & Marketing, which had newly been established through the spin-off of SKC's industrial materials division (...

LG Electronics speeds up development of intelligent AI solutions

LG Electronics speeds up development of intelligent AI solutions

LG Electronics Inc. on Sunday said it will build an ambient computing platform as selected by LG AI Research, a company think tank specializing in a...

SAPEON X220 completes tech demo of fashion-specialized AI service

SAPEON X220 completes tech demo of fashion-specialized AI service

South Korea's artificial intelligence company Sapeon has completed a technology demonstration of its semiconductor SAPEON X220 on "Virtual Try-On," ...

KT Investment injects $27.8 million in 20 startups this year

KT Investment injects $27.8 million in 20 startups this year

KT Investment said on Thursday that it invested 35 billion won ($27.8 million) in 20 startups this past year, and that six invested companies succee...

SuperBin completes plastic recycling factory in Seoul suburb

SuperBin completes plastic recycling factory in Seoul suburb

SuperBin, a South Korean startup reshaping the waste recycling ecosystem using Fourth Industrial Revolution technologies, on Thursday said it had co...

Hanwha Techwin showcases smart parking solution

Hanwha Techwin showcases smart parking solution

Hanwha Techwin, a South Korean company specializing in video surveillance solutions, said on Thursday that it held a showcase event at its 63 Conven...

Laon People registers patent on AI vision inspection, methods in China

Laon People registers patent on AI vision inspection, methods in China

Laon People, South Korea's Kosdaq-listed company specializing in AI-based vision inspection solutions, said Monday that it has registered a patent i...

LG to develop smart home devices responsive to users’ sleep data

LG to develop smart home devices responsive to users’ sleep data

An air conditioner or a TV set equipped with a timer that automatically turns power on and off based on the user's preference has been around for ye...

Samsung establishes Department of Intelligent Software at Sungkyunkwan Univ.

Samsung establishes Department of Intelligent Software at Sungkyunkwan Univ.

Samsung Electronics Co. and Sungkyunkwan University will jointly establish a new Department of Intelligent Software, a contract-based academic depar...

Lunit to export breast cancer detecting solutions to Hong Kong, Mongolia

Lunit to export breast cancer detecting solutions to Hong Kong, Mongolia

South Korea's AI-based medical imaging equipment firm Lunit will export AI breast cancer diagnosis solutions to large hospitals in Hong Kong and Mon...

S.Korea's CJ Logistics launches AI-based freight transportation platform

S.Korea's CJ Logistics launches AI-based freight transportation platform

South Korea's CJ Logistics on Thursday said it launched The Unban, a freight transportation platform that directly connects senders and freight truc...

Samsung unveils industry’s first 12 nm DRAM, compatible with AMD

Samsung unveils industry’s first 12 nm DRAM, compatible with AMD

Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it has unveiled an advanced DRAM chip, using the industry&rsq...

Mirae Asset introduces AI investment info service

Mirae Asset introduces AI investment info service

Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...

Korean LG CNS to expand digital marketing biz with DX tech

Korean LG CNS to expand digital marketing biz with DX tech

South Korea’s LG CNS Co., the information technology service arm of LG Group, is geared up to expand the digital marketing business for growth...

Syntekabio launches new drug development platform STB Cloud in US

Syntekabio launches new drug development platform STB Cloud in US

Syntekabio,Inc., a South Korean artificial intelligence (AI) drug development company, said on Monday it has launched its cloud-based AI drug develo...

Lunit exports AI imaging analysis solution to Brazil

Lunit exports AI imaging analysis solution to Brazil

South Korea's medical imaging startup Lunit said on Monday it has signed a software licensing agreement with Albert Einstein Israelite Hospital in...

AI medical startup Arpi wins Pre D.Day X SNU Medicine event

AI medical startup Arpi wins Pre D.Day X SNU Medicine event

South Korean startup accelerator D.Camp hosted this year’s last demo day on Saturday in collaboration with Seoul National University’s C...

Vuno's fundus-reading AI obtains medical device certification in Thailand

Vuno's fundus-reading AI obtains medical device certification in Thailand

South Korea's medical device startup company Vuno announced on Thursday that its fundus reading artificial intelligence (AI) solution Vuno Med-Fundu...

S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company

S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company

South Korea's cloud management company Bespin Global on Wednesday said its subsidiary Bespin Global Vietnam formed a strategic partnership with Daew...

Kakao's AI filter reduces profanity in online news comments

Kakao's AI filter reduces profanity in online news comments

South Korean tech giant Kakao Corp. has reduced swearing and negative comments about news on its online portals such as Daum and Kakao View by using...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal