AI-based security operations
Scope
Date
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Fashion
Management dispute brewing at leggings brand Xexymix operator Brand X?
A leadership change in Brand X Corp., the operator of South Korea’s top leggings brand Xexymix, is spawning speculation that a management cont...
Oct 11, 2024 (Gmt+09:00)
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Artificial intelligence
Microsoft, KT to invest $1.8 bn in Korea’s AI, infrastructure
Microsoft Corp. and KT Corp. plan to invest 2.4 trillion won ($1.8 billion) in South Korea’s artificial intelligence, cloud and infrastructure...
Oct 10, 2024 (Gmt+09:00)
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Tech, Media & Telecom
POSCO E&C gets ISMS-P Info Security certification
South Korea's POSCO E&C said on Thursday that it obtained the "Information Security Management System & Personal Information Protection Mana...
Oct 10, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung Apologizes for Falling Behind in AI Chips Race
SEOUL—For a major maker of semiconductors such as Samsung Electronics Co. , the artificial-intelligence boom should be a time of great promise...
Oct 10, 2024 (Gmt+09:00)
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Research & Development
Hyundai Motor Group expands R&D partnership with Singapore
Hyundai Motor Group, the world’s third-largest automaker, has expanded its research partnership with Singapore into energy, artificial intelli...
Oct 09, 2024 (Gmt+09:00)
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Airlines
Jeju Air launches new Batam, Bali routes
Jeju Air Co., South Korea's leading low-cost carrier (LCC), said on Tuesday that it will launch the routes to Batam and Bali, Indonesia. It's t...
Oct 08, 2024 (Gmt+09:00)
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Korean startups
Hyundai Motor Group, D.Camp to host startup demo day
Hyundai Motor Group's open innovation platform ZER01NE said on Tuesday it partnered with startup accelerator D.Camp in collaboration with 19 finan...
Oct 08, 2024 (Gmt+09:00)
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Earnings
Samsung chip head vows drastic revamp after flagging weak Q3 earnings
Jun Young-hyun, vice chairman and head of Samsung Electronics Co.'s semiconductor business, on Tuesday vowed to take drastic steps to improve profit...
Oct 08, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha Securities buys 5.4% stake in Edinburgh Airport
Hanwha Investment & Securities said on Monday that it acquired a stake in Edinburgh Airport in Scotland.Edinburgh Airport is jointly owned by Gl...
Oct 07, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group’s software unit launches cybersecurity division
Hyundai AutoEver Corp., Hyundai Motor Group’s software unit, is set to boost its automotive cybersecurity business by launching a new division...
Oct 07, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities builds AI-based stock analysis system
South Korea's Mirae Asset Securities Co. said on Monday that it has established an AI Market Assistant system, in which artificial intelligence (AI)...
Oct 07, 2024 (Gmt+09:00)
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Retail
CU, GS25 in fierce race for top spot in Korea’s convenience store market
Using multiple measures, CU and GS25 both claim they are the No. 1 player in South Korea’s convenience store (CV) market.CU, operated by BGF R...
Oct 07, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom to host SK AI Summit in Seoul
South Korea's SK Telecom Co. said on Monday that it will host the SK AI Summit 2024 on November 4-5 at COEX in Seoul, expanding the annual event int...
Oct 07, 2024 (Gmt+09:00)
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Artificial intelligence
AI startup MarqVision raises $16.5 mn to close Series A round
MarqVision Inc., a startup developing an artificial intelligence-powered intellectual property (IP) protection platform, raised 22 billion won ($16....
Oct 04, 2024 (Gmt+09:00)
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Korean startups
Two out of 5 CEOs hold negative views on Korean startup scene
Nearly half of South Korean startups hold negative views on the country’s startup ecosystem, citing the prolonged startup funding winter and t...
Oct 04, 2024 (Gmt+09:00)
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Corporate investment
Korea’s KCC Glass to invest $525 mn more in Indonesian plant
KCC Glass Corp., a major South Korean construction materials manufacturer, is set to invest an additional 700 billion won ($524.8 million) in its In...
Oct 04, 2024 (Gmt+09:00)
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League table
UBS retains top position on Korea’s M&A advisor list after Ecorbit deal
UBS Group AG remained on the top of the South Korean merger and acquisition (M&A) advisory market as of the end of the third quarter after addin...
Oct 04, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI, Hanwha Systems to collaborate on special operations helicopter
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Thursday it signed an exclusive memorandum o...
Oct 04, 2024 (Gmt+09:00)
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Energy
Hanwha Q Cells sells 142 MW solar power plant in Washington
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold a 142-megawatt solar pow...
Oct 02, 2024 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco to invest $260 mn in new peptide factory in S. Korea
SK Pharmteco, the contract development and manufacturing organization (CDMO) of South Korea's SK Inc., said on Tuesday that it plans to invest $260 ...
Oct 02, 2024 (Gmt+09:00)
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ESG
LG Elec tops US sustainable brand rankings for HVAC, appliances
LG Electronics Inc. said on Wednesday it was named the most sustainable brand in the US for its heating, ventilation, and air conditioning (HVAC) so...
Oct 02, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, NTT Docomo to cooperate on AI technology
Samsung Electronics Co. said on Tuesday that it signed a memorandum of understanding (MOU) with NTT Docomo, Japan's largest mobile telecommunicati...
Oct 02, 2024 (Gmt+09:00)
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Electronics
LG NOVA hosts Innovation Festival in US
LG Electronics Inc. 's North American Innovation Center (LG NOVA) said on Monday that it held an Innovation Festival last Wednesday and Thursday at ...
Sep 30, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, GSMA sign Open Gateway agreement
South Korea's LG Uplus Corp. said on Monday that it signed an agreement with the Global System for Mobile Communications Association (GSMA) to parti...
Sep 30, 2024 (Gmt+09:00)
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Artificial intelligence
Microsoft, KT join forces to propel Korea’s AI innovation
Microsoft Corp. and KT Corp., one of South Korea's top three telecom companies, will drive artificial intelligence transformation in the Korean firm...
Sep 30, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Galaxy AI phones surpass 20 mn units in S. Korea
Samsung Electronics Co. said on Sunday that more than 20 million smartphones in South Korea are now equipped with its Galaxy AI technology, driven...
Sep 30, 2024 (Gmt+09:00)
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Electronics
LG to invest $762 mn in webOS to transform into platform-based tech giant
LG Electronics Inc., the leading global home appliance maker, plans to invest more than 1 trillion won ($762 million) in its multitasking operating ...
Sep 29, 2024 (Gmt+09:00)
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Electronics
Samsung’s first AI tablet comes with MediaTek's Dimensity processor
South Korea’s Samsung Electronics Co. on Friday unveiled its first AI-enabled tablet, the Galaxy Tab S10 series, powered by the high-end Dimen...
Sep 27, 2024 (Gmt+09:00)
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Electronics
Samsung’s Galaxy S24 FE: Budget smartphone packed with AI functions
Samsung Electronics Co. on Friday unveiled the Galaxy S24 FE, the latest addition to its AI-enabled smartphones series, with which the South Korean ...
Sep 27, 2024 (Gmt+09:00)
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Korean chipmakers
Chip winter looming? Micron, Samsung give opposite views
Micron Technology Inc. on Wednesday delivered stronger-than-expected quarterly results and gave a bullish outlook for the current quarter, shrugging...
Sep 26, 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