HL Mando listed in S&P Sustainability Yearbook 2023

HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, announced on Tuesday that it has been i...

Softbank to join SK Telecom-led global AI joint venture

BARCELONA -- Japan’s SoftBank Group Corp. tied up with major global telcos such as South Korea’s top mobile carrier SK Telecom Co. and E...

LG Electronics to release 2024 OLED, QNED TVs

LG Electronics Inc. announced on Monday that it will release the 2024 LG OLED TV and QNED (Quantum nano-emitting diode)  TV with enhanced artif...

Hyundai Everdigm enters NA construction machinery market

South Korea’s Hyundai Everdigm Corp. announced on Monday that it has signed a dealership agreement with the US-based heavy equipment special...

Line launches AI Assistant services in Japan

Line Corporation announced on Friday that it has launched paid and free AI Assistant services within the LINE Messenger in Japan.LINE AI Assistant i...

AIMMO’s global push gains speed with US foray

South Korean AI-powered data solution-providing startup AIMMO Inc. is expediting its global push with an aggressive advance into the US market, wher...

Hanwha Ocean wins $257 mn for two VLCCs

South Korea's Hanwha Ocean Co. announced on Friday that it has won an order for two very large crude carriers (VLCCs) from a shipowner in Oceania, t...

Mid-caps in digitization have strong upside potential: Partners Group

Global fund manager Partners Group Holding AG, one of the largest listed private equity firms in Europe headquartered in Switzerland managing $147 b...

BOK likely to keep base rate unchanged until June: chief

South Korea’s central bank held its policy rate flat at 3.5% for a ninth straight session on Thursday as it was deemed too early for a rate cu...

SK C&C wins Korea’s nod for brain infarct diagnosis AI solution

SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, said on Thursday it has secured medical device...

SK Telecom develops AI-powered 6G air interface

SK Telecom Co., South Korea’s leading mobile carrier, has successfully proved the efficacy of artificial intelligence technology on the improv...

Lotte Chemical builds AI organizations

South Korea's Lotte Chemical Corp. announced on Thursday that it has established artificial intelligence (AI) organizations tailored to the characte...

CJ Logistics builds logistics center for Crocs

South Korea’s CJ Logistics announced on Thursday that it has established a global logistics center for the renowned shoe brand Crocs in Icheon...

Korea announces 1st local firm to issue multiple voting shares

South Korea announced on Wednesday that Colosseum Corporation Inc., an artificial intelligence-powered logistics services provider, has become the f...

AI device solution startup Sorcerics gets seed round

South Korea’s artificial intelligence (AI)  smart device solution startup Sorcerics, founded by former Google and Microsoft employees, an...

Meta’s Zuckerberg to visit Korea on possible AI partnership

Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc. plans to visit South Korea later this month and meet key figures including Pre...

Mirae Asset taps Goldman veteran O’Connor as Global X ETFs CEO

South Korea’s Mirae Asset Global Investments Co. said on Wednesday it has appointed Ryan O’Connor, a Goldman Sachs veteran, as chief exe...

Samsung’s mobile AI journey ‘just getting started’: TM Roh

For Samsung Electronics Co., the Galaxy S24 series is not just an upgrade to its previous flagship models. It’s an evolution that opens a new ...

SK Telecom invests in Lambda to foray into AI cloud market

SK Telecom Co., South Korea’s largest mobile carrier, said on Wednesday it has invested in Lambda, a graphics processing unit (GPU) cloud prov...

Samsung SDS gets CEIV Pharma certification

South Korea's Samsung SDS Co. said on Wednesday that it has achieved the Center of Excellence for Independent Validators in Pharmaceutical Logistics...

Samsung, Arm reinforce alliance on future AI chips

Samsung Electronics Co. will offer Arm Inc.’s most advanced central processing unit (CPU) optimized on its latest gate-all-around (GAA) techno...

Studio Meta-K, Vietnam’s Synapse Studio to co-work for virtual human

South Korea’s content production startup Studio Meta-K announced on Wednesday that it signed a memorandum of understanding (MOU) with Vietna...

LG to use AI for early detection of air conditioner anomalies

LG Electronics Inc. has introduced an artificial intelligence technology for early detection of anomalies in its commercial air conditioning systems...

KT to participate in MWC 2024 with five Korean startup partners

South Korea’s KT Corp. announced on Tuesday that it will participate in the world's largest mobile exhibition MWC 2024 to be held in Barcelona...

Altos Ventures invests $9.4 mn in Techtaka

South Korea's Altos Ventures announced on Tuesday that it has invested 12.6 billion won ($9.4 million) in the software-centric fulfillment company T...

Hanwha Ocean develops draft measuring with drones

South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed a system that utilizes drones and ...

Samsung, LG go head-to-head in washer-dryer combo market

Samsung Electronics Co. and LG Electronics Inc., South Korea’s tech giants, are in cut-throat competition to lead the all-in-one, single-drum,...

S.Korea's EcoPro to seek local talent in Hungary

South Korean battery materials manufacturer EcoPro Co. announced on Monday that it partnered with the Debrecen Vocational Training Center in Debrece...

Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds

South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...

SK Networks looks to triple operating profit by 2026 with AI

SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...