AI-based management service
Scope
Date
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Artificial intelligence
Spear Korea to acquire AI medical firm Life Semantics
South Korea's aerospace materials company Spear Korea will acquire artificial intelligence (AI) medical firm Life Semantics Co. Life Semantics ...
Jul 24, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to feature in-car games to Kia EV3
South Korea's LG Uplus Corp. said on Wednesday that it will offer its web-based in-car game service Game Portal in Kia Corp's electric vehicle (EV) ...
Jul 24, 2024 (Gmt+09:00)
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Retail
Hyundai Premium Outlet runs AI Human for foreign customer
South Korea's Hyundai Premium Outlet announced on Tuesday that it will trial the artificial intelligence (AI) service AI Human at its Songdo store u...
Jul 23, 2024 (Gmt+09:00)
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Energy
High power bills drive Korean manufacturers out of country
South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major eco...
Jul 23, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility launches overseas car rental service
South Korean mobility platform Kakao Mobility said on Monday that it launched an overseas car rental service accessible through its Kakao T app.The ...
Jul 23, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank adds Indonesian to banking platform
South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...
Jul 23, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Elec calls for C-Lab Outside applications
Samsung Electronics Co. announced on Monday that it will enlist startups to participate in its external startup incubation program C-Lab Outside unt...
Jul 22, 2024 (Gmt+09:00)
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Investment banking
Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head
Goldman Sachs Group Inc. said on Monday that it has appointed Ahn Jae-hoon, former managing director at Morgan Stanley & Co. LLC as country co-h...
Jul 22, 2024 (Gmt+09:00)
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Bio & Pharma
Lunit to supply AI cancer diagnostics to Qatar
Lunit Inc., a South Korean cancer diagnostics AI company, announced on Monday that it will provide its AI breast cancer screening solution Lunit Ins...
Jul 22, 2024 (Gmt+09:00)
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Automobiles
Lotte Rental to service Vietnam's individual long-term rental
Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it will enter Vietnam's individual long-term car rental market in ...
Jul 22, 2024 (Gmt+09:00)
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Corporate strategy
Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation
Shin Dong-bin, chairman of South Korea’s retail, food and chemicals conglomerate Lotte, on Friday urged affiliate executives to ramp up effort...
Jul 19, 2024 (Gmt+09:00)
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Alternative investments
Shinhan Securities, Stockeeper to cooperate on STO
South Korea's Shinhan Securities announced on Friday that it signed a memorandum of understanding (MOU) with Stockeeper on Thursday to promote a sec...
Jul 19, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom identifies illegal drones using AI
South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...
Jul 19, 2024 (Gmt+09:00)
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Banking & Finance
NH Investment selected as UN GCF manager
South Korea's NH Investment & Securities announced on Thursday that it was selected as the first Asian securities firm to manage the Climate Tec...
Jul 19, 2024 (Gmt+09:00)
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Artificial intelligence
LG to foster smart factory business as new B2B growth driver
PYEONGTAEK, Gyeonggi Province -- LG Electronics Inc., the leading global home appliance maker, aims to foster its smart factory business as a new gr...
Jul 18, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung sets sights on next-generation memory CXL DRAM
South Korean tech giant Samsung Electronics Co. is setting its sights on next-generation memory technology, dubbed CXL, to lead the artificial intel...
Jul 18, 2024 (Gmt+09:00)
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Robotics
POSCO DX to focus on AI-led intelligent factory systems
POSCO DX Co., an IT service arm of South Korea’s POSCO Group, will transform into an AI-enabled intelligent factory system developer to automa...
Jul 18, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung buys UK deep tech startup to boost AI business
Samsung Electronics Co., the world’s top mobile phone maker, will acquire Oxford Semantic Technologies, a British deep tech startup, to enhanc...
Jul 18, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Asset publishes brokerage ISA guidebook
South Korea's Samsung Asset Management announced on Thursday that it newly published the KODEX Brokerage ISA Investment Guidebook for individual inv...
Jul 18, 2024 (Gmt+09:00)
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Korean startups
Hana Bank, SK Telecom to support AI startups
South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelerator BootCamp at Spar...
Jul 17, 2024 (Gmt+09:00)
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North Korea
A North Korean Diplomat Managed a Rare Defection: A Flight Out of Cuba
SEOUL—A North Korean diplomat posted in Cuba defected to South Korea with his family late last year, officials said this week, a rare esc...
Jul 17, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom launches In-flight wi-fi service
South Korea's SK Telecom Co. announced on Wednesday that it launched the T In-flight wi-fi service.This service will initially be available on six a...
Jul 17, 2024 (Gmt+09:00)
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Investment banking
BofA eyes its 1st Korean IPO management with K Bank deal
Bank of America Corp. (BofA) is quickly expanding its presence in the South Korean initial public offering market, where J.P. Morgan and Citigroup G...
Jul 16, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s Lotte Card sees 1st profit in Vietnam since launch
Lotte Card Co., South Korea’s No. 5 credit card issuer, is enjoying its first monthly profit in Vietnam after offering various financial produ...
Jul 16, 2024 (Gmt+09:00)
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Artificial intelligence
Rebellions, Igloo partner for AI-based security
South Korea’s fabless AI chip startup Rebellions Inc. announced on Tuesday that it partnered with AI-based security operations and analysis pl...
Jul 16, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung’s fastest LPDDR5X validated on MediaTek’s Dimensity chipset
South Korean tech giant Samsung Electronics Co. said on Tuesday it has completed the performance verification of its latest LPDDR5X chip for use in ...
Jul 16, 2024 (Gmt+09:00)
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Robotics
Lotte Innovate releases autonomous security robot Dooroo Eye
South Korea's Lotte Innovate will unveil its autonomous security robot, Dooroo Eye, at the upcoming Autonomous Driving Mobility EXPO 2024, the com...
Jul 16, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung OS Tizen embedded in Loewe TV Stellar to rival Google, Apple
Samsung Electronics Co.'s open-source smart TV operating system Tizen will be embedded in German premium TV brand Loewe’s latest model St...
Jul 16, 2024 (Gmt+09:00)
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Artificial intelligence
SK invests $200 mn in US AI cluster builder SMART Global
SK Telecom Co. said on Tuesday it has agreed to invest $200 million in SMART Global Holdings Inc. (SGH), a US artificial intelligence cluster builde...
Jul 16, 2024 (Gmt+09:00)
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Pension funds
NPS commits $723 mn to MBK, 3 other managers for Korean PEs
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partne...
Jul 15, 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