AI-based diagnostic gizmo
Scope
Date
~
-
Economy
BOK to offer news-based weekly economic index
South Korea’s central bank will launch a new economic index based on analysis of online business news articles. The Bank of Korea said on Apr....
Apr 01, 2021 (Gmt+09:00)
-
Economy
KOTRA to lead trade digitalization with AI, big data
South Korea’s state-funded Korea Trade-Investment Promotion Agency (KOTRA) is undergoing a full-scale digital transformation to expedite inter...
Mar 31, 2021 (Gmt+09:00)
-
Future mobility
Hyundai Motor unveils AI-powered voice recognition technology
South Korea-based Hyundai Motor Group has unveiled new artificial intelligence-powered voice recognition technology to be installed in mass-produced...
Feb 18, 2021 (Gmt+09:00)
language -
Korean startups
Silicon Valley-based PnP sets sights on Korean smart city ventures
Plug and Play (PnP), a Silicon Valley-based startup accelerator, will team up with the city of Seoul to invest in South Korean venture firms with sm...
Jan 13, 2021 (Gmt+09:00)
-
CES 2021
Amorepacific unveils AI-based cosmetics technology at CES 2021
South Korea-based Amorepacific Corp. has received the Innovation Award for its high-tech beauty technologies at the world's largest tech event, Cons...
Jan 12, 2021 (Gmt+09:00)
-
In vitro diagnostics
Samsung hands over diagnostics business to local bio firm
Samsung Electronics Co. has agreed to hand over the business rights for its in vitro diagnostics (IVD) unit to a South Korean bio company as part ...
Dec 07, 2020 (Gmt+09:00)
-
Artificial intelligence
LG launches AI research think tank for digital transformation
LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...
Dec 07, 2020 (Gmt+09:00)
language -
Future mobility
Bluespace.ai to develop autonomous mass transit system in Seoul
Bluespace.ai, a San Jose-based autonomous driving startup, is looking to develop a software system for autonomous mass transit fleets in Seoul and its...
Nov 09, 2020 (Gmt+09:00)
-
Biomaterials
LG Chem, Neste join forces to make bio-based synthetic resins
LG Chem Ltd. plans to produce synthetic resins such as polyolefin, polycarbonate and polyvinyl chloride, using biomaterials from Finland's diesel prod...
Nov 05, 2020 (Gmt+09:00)
-
Mergers & Acquisitions
Samyang joins bid to acquire US-based chemical maker Emerald Kalama
Samyang Holdings Corporation, a South Korean manufacturer of food and chemical products, has joined the bid to acquire US-based Emerald Kalama Chemica...
Nov 01, 2020 (Gmt+09:00)
-
AI semiconductors
AI chip market heats up, to tip over $100 bn in deals
The global semiconductor industry has been swamped with a series of massive deals this year, likely to tip over $100 billion in deal volume as compani...
Oct 22, 2020 (Gmt+09:00)
-
Korean Teachers' Credit Union
Korean teachers' fund pockets sweet returns from US cloud-based platform
The Korean Teachers' Credit Union (KTCU) has secured returns nearly four times its $37.6 million investment in the US cloud-based platform provider El...
Oct 12, 2020 (Gmt+09:00)
-
Alternative investment
Korea Investment acquires California-based office building worth $86 mn
Korea Investment & Securities Co. has acquired a luxury office building in Orange County, California valued at around 100 billion won ($86 million...
Oct 05, 2020 (Gmt+09:00)
-
Automobiles
Hyundai Motor hires two AI experts to strengthen foothold in future mobility
Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...
Sep 24, 2020 (Gmt+09:00)
-
IPO
BTS' Big Hit focuses on sustainable fandom-based business model
Big Hit Entertainment Co., behind the K-pop idols BTS, is switching its focus to online concerts, merchandise and character businesses from offline pe...
Sep 22, 2020 (Gmt+09:00)
-
Hyundai Motor
Hyundai Motor wins temporary nod to send staff to Beijing bases
The Hyundai Motor Group will operate three chartered flights to dispatch its employees to Beijing Sept. 3 and Sept. 4, after winning temporary approva...
Sep 03, 2020 (Gmt+09:00)
-
Central bank
Bank of Korea sees 2020 GDP contract 1.3%; keeps base rate on hold
The Bank of Korea revised down its 2020 growth forecast for the South Korean economy to a negative 1.3% from the previous 0.2% contraction on August 2...
Aug 27, 2020 (Gmt+09:00)
-
M&A
Hanwha taps into ESS business by acquiring 100% stake in US-based Geli
Hanwha Q CELLS has acquired a 100% stake in the energy software company Growing Energy Labs, Inc (Geli) in a move to step up its energy business in th...
Aug 08, 2020 (Gmt+09:00)
-
M&A
Hanwha loses to Chevron in a bid to acquire 50% stake in US-based ethane cracker
Hanwha Group has lost to US-based chemical company Chevron Phillips in a bid to acquire a 50% stake in global chemical company Sasol’s...
Aug 06, 2020 (Gmt+09:00)
-
Korean startups
AI chip venture set to challenge Nvidia, Intel, Google
Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...
Nov 01, 2019 (Gmt+09:00)
-
KIC to embrace broader client base, assets with eased regulations
South Korea will sharply lower the minimum amount to be entrusted to the Korea Investment Corporation (KIC) to about $86 million and allow the soverei...
Nov 16, 2016 (Gmt+09:00)
-
US bank loans, asset-based credit whet appetite of Korean investors
South Korean institutional investors are gearing up to raise exposure to U.S. bank loans, collateralized loan obligation (CLO) and commercial mortgage...
Aug 18, 2016 (Gmt+09:00)
-
Korean startups
TEST Robots, AI replace human workers at Kia’s EV6 manufacturing factory
Electric vehiclesHyundaiMotor, Kia, TechKia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at...
1 MINUTES AGO
-
Tech, Media & Telecom
SK Hynix introduces Gauss Labs-developed AI solution to semicon process (edited)
SK Hynix said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intelligence (AI) solution to...
1 MINUTES AGO
-
Korean startups
Up to 70 mn won support given to young entrepreneurs using public tech (edited)
The Ministry of SMEs and Startups announced on Friday a new program to support young entrepreneurs under the age of 39 who are interested in startin...
1 MINUTES AGO
-
Tech, Media & Telecom
AI and other Internet new techs reach every corner of our lives (edited)
Metaverse, artificial intelligence (AI) and other Internet new technologies are gradually taking root in the daily lives of our citizens. In the cas...
1 MINUTES AGO
-
Artificial intelligence
LG CNS develops code-generative AI solution
LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...
1 MINUTES AGO
-
Artificial intelligence
Samsung SDS showcases new supply chain management solution in the US
Samsung SDS introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Florida, the com...
1 MINUTES AGO
Latest News
- 1 Jollibee to buy chicken chain Norang Tongdak amid K-food frenzy
- 2 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 3 POSCO Future M breaks with China in cathode supply chain
- 4 GIC resumes Seoul Finance Center sale in potential megadeal
- 5 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula