AI-based security operations
Scope
Date
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Bio & Pharma
Celltrion Healthcare logs record-high Q2 revenue on back of Remsima
Celltrion Healthcare Co., South Korean biopharmaceutical giant Celltrion Inc.’s global marketing affiliate, posted its record-high second-quar...
Aug 17, 2022 (Gmt+09:00)
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Earnings
Nongshim posts first operating loss from Korean sales in 24 years
South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...
Aug 17, 2022 (Gmt+09:00)
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Batteries
Boston emerges as Korean firms’ R&D hub for AI, batteries
Top South Korean conglomerates Samsung and Hyundai have selected Boston as the home of their first overseas research centers for batteries and artif...
Aug 16, 2022 (Gmt+09:00)
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Future mobility
Korean e-scooter platforms diversify to survive
South Korean shared electric scooter platforms are taking over their smaller rivals or entering new markets as beefed-up safety guidelines on two-wh...
Aug 16, 2022 (Gmt+09:00)
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Automobiles
Hyundai to set up AI robotics R&D center near Boston
South Korea’s Hyundai Motor Group will set up an artificial intelligence research center in the Boston area to develop AI-driven robotics tech...
Aug 12, 2022 (Gmt+09:00)
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Electric vehicles
SK seeks to build EV charger plant in US on subsidies
SK Group, South Korea’s No. 2 conglomerate, is seeking to build an electric vehicle charger plant in the US in a move to accelerate the expans...
Aug 11, 2022 (Gmt+09:00)
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Future mobility
NXP expands cooperation with Korean security startups
NXP Semiconductors NV, a global leading automotive chipmaker, is expanding partnerships with South Korean security startups to secure new semiconduc...
Aug 10, 2022 (Gmt+09:00)
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Korean games
Oasys aims to be blockchain gateway for S.Korean game developers
Singapore-based Oasys has an ambitious goal to revolutionize the gaming industry by making blockchain games cheaper to develop and faster to play &n...
Aug 10, 2022 (Gmt+09:00)
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Artificial intelligence
LG Group to launch AI education programs for teenagers
South Korea’s LG Group will include teenagers in its mid- to long-term project to nurture artificial intelligence talent, as AI technology is ...
Aug 10, 2022 (Gmt+09:00)
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Cryptocurrencies
Hong Kong-based Crypto.com acquires South Korean exchange OK-BIT
Hong Kong-based Crypto.com announced Monday it finalized the acquisition of a 100% stake in South Korea’s cryptocurrency exchange operator OK-...
Aug 09, 2022 (Gmt+09:00)
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Earnings
CJ CheilJedang posts record-high operating profit in Q2
South Korean food giant CJ CheilJedang Corp. logged record-high quarterly operating profit in the second quarter of 2022 amid the growing popularity...
Aug 09, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor between rock and a hard place over Russia operations
South Korea’s automotive juggernaut Hyundai Motor Co., which has invested heavily in Russia over the last several years, is stuck between a ro...
Aug 08, 2022 (Gmt+09:00)
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Artificial intelligence
LG CNS chosen design consultant for Indonesia's $38 bn smart city project
LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...
Aug 08, 2022 (Gmt+09:00)
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Earnings
Naver says no growth sacrifice to cut costs with record sales
Naver Corp., South Korea’s largest online portal, on Friday reported its largest-ever quarterly revenue, led by webtoon and fintech services, ...
Aug 05, 2022 (Gmt+09:00)
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Electric vehicles
SK subsidary to supply EV battery materials to Vietnam's Vingroup
SK IE Technology Co. (SKIET) secured battery separator orders from Vietnam’s No. 1 conglomerate Vingroup, in the latter's push to expand into ...
Aug 05, 2022 (Gmt+09:00)
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Electronics
LG Elec. launches 'online playground' for Gram laptop users
In a bid to bolster its fan base, LG Electronics Inc. has launched an online community dedicated to users of its LG Gram laptops. The digital s...
Aug 05, 2022 (Gmt+09:00)
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Earnings
Kakao to bolster open chat, ad services for growth
South Korea’s leading online platform operator Kakao Corp. on Thursday unveiled plans to bolster its open chat and advertising businesses to a...
Aug 05, 2022 (Gmt+09:00)
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Carbon neutrality
LG Energy to power all its global operations with renewable energy by 2025
LG Energy Solution Ltd., South Korea’s top battery maker, plans to power all its global production sites with only renewable energy by 2025 to...
Aug 04, 2022 (Gmt+09:00)
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Earnings
Kakao Games posts record-high operating profit in Q2
Kakao Games Corp., the game publishing unit of South Korean web service giant Kakao Corp., said on Wednesday it achieved record-high operating profi...
Aug 03, 2022 (Gmt+09:00)
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Korean startups
Popular app operators in South Korea race to create super apps
App operators in South Korea are in stiff competition to create super apps – as clear winners have emerged in different business sectors.The d...
Aug 03, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops highest density DRAM-based memory system
South Korea’s SK Hynix Inc. said on Monday that it has developed its first double data rate 5 (DDR5) DRAM-based compute express link (CXL) mem...
Aug 01, 2022 (Gmt+09:00)
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Korean startups
Voyager X plans to beat conglomerates by executing weird, unique ideas
Voyager X is a relatively new artificial intelligence (AI) startup in South Korea. Its founder Nam Se-dong, however, has been a well-known figu...
Jul 31, 2022 (Gmt+09:00)
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Batteries
Samsung SDI in talks with multiple carmakers for 4680 type battery supply
Samsung SDI Co., a major South Korean battery maker, said on Friday that it is in talks with multiple automakers around the world to supply a next-g...
Jul 29, 2022 (Gmt+09:00)
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Korean startups
S.Korean startup Time Percent gives power to digital asset investors
South Korean startup Time Percent Corp. was founded a year ago with the specific goal of giving power to the investors of digital assets, rather tha...
Jul 29, 2022 (Gmt+09:00)
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Beauty & Cosmetics
China's lockdown slams Korean beauty giants' Q2 earnings
South Korea’s two major cosmetics firms, Amorepacific Corp. and LG H&H Co., posted their second-quarter earnings heavily impacted by Chi...
Jul 29, 2022 (Gmt+09:00)
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Batteries
LG Energy shrugs off slowing economy as demand grows
South Korea’s top battery maker LG Energy Solution Ltd. on Wednesday unveiled its ambitious goals for revenue and operating margins as electri...
Jul 27, 2022 (Gmt+09:00)
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Food & Beverage
Shinsegae to launch wholly owned US subsidiary on alternative meat
Shinsegae Food Inc. announced Thursday it will launch its US subsidiary focused on alternative meat. The food arm of Shinsegae Inc. will inject...
Jul 22, 2022 (Gmt+09:00)
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Korean startups
Online study assistant operator Bebridge receives $1.9 mn in pre-Series A
South Korean startup Bebridge Inc. announced Thursday it raised 2.5 billion won ($1.9 million) in pre-Series A round from Magna Investment, Bluepoin...
Jul 21, 2022 (Gmt+09:00)
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Korean startups
Warehouse robotics maker Floatic raises $2.6 million in pre-Series A
Warehouse automation startup Floatic Robotics wrapped up its pre-Series A round with 3.4 billion won ($2.6 million). The Seoul-based company is...
Jul 21, 2022 (Gmt+09:00)
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Korean startups
Korea startup unveils AI for sleep study with smartphones
A South Korean startup has unveiled an artificial intelligence model for medical analysis of sleep based on breathing sounds recorded by smartphones...
Jul 20, 2022 (Gmt+09:00)
Latest News
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- 4 Partners Group sees infrastructure secondaries quadrupling to $60 bn
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