D Day startup
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Korean startups
S.Korea's Upstage to add AI chatbot AskUp to Japanese messaging app Line
South Korea's artificial intelligence (AI) tech company Upstage on Friday said it will install its artificial intelligence (AI) chatbot AskUp on the...
May 04, 2023 (Gmt+09:00)
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Automobiles
Renault Korea Motors shuts down Busan plant for 10 days
Renault Korea this month will stop operating its Busan plant for about 10 days in a desperate bid to reduce inventory, which has soared due to plumm...
May 02, 2023 (Gmt+09:00)
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Korean startups
Asleep forms partnership with National Sleep Foundation of US
South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's recent state visit to...
May 02, 2023 (Gmt+09:00)
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Korean startups
BIND wins D.Camp startup pitch race in April, co-sponsored by CJ
BIND Corp. was chosen by investors as the best of the best for its online fashion platform for middle-aged men during South Korea’s major star...
Apr 28, 2023 (Gmt+09:00)
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Korean startups
S.Korea to support exports of 100 SMEs in metaverse, XR industry
South Korea's Ministry of Science and ICT announced on Thursday that it will support the export of 100 small- and medium-sized enterprises (SMEs) in...
Apr 27, 2023 (Gmt+09:00)
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Earnings
Samsung bets on H2 recovery with heavy spending after record chip losses
Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...
Apr 27, 2023 (Gmt+09:00)
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Korean startups
S.Korea, UL Solutions sign agreement for supporting domestic startups
The South Korean Ministry of SMEs and Startups announced on Thursday that it has signed a business agreement with global certification agency UL Sol...
Apr 27, 2023 (Gmt+09:00)
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Batteries
Kolon Industries to move into secondary battery recycling market
Kolon Industries Inc., a South Korean chemical and textile manufacturing company, is entering the secondary battery recycling market. The company an...
Apr 26, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace invests in Israeli startup with anti-jamming tech
South Korea's Hanwha Aerospace Co. has invested in an Israeli start-up possessing anti-jamming technology to prevent interference in global position...
Apr 25, 2023 (Gmt+09:00)
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Artificial intelligence
Upstage beats Amazon, Nvidia to rank first in global AI competition
South Korea’s artificial intelligence startup Upstage on Monday said it ranked first in four categories at the International Association for P...
Apr 25, 2023 (Gmt+09:00)
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Blockchain
Blockchain game startup Gomble gets seed round
South Korean blockchain gaming startup Gomble announced on Monday that it has successfully secured its first institutional investment. The seed fund...
Apr 24, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests $11 mn in AI startup Scatter Lab
South Korea's SK Telecom Co. announced on Monday a strategic partnership with Scatter Lab, the creator of the AI agent "Luda Lee," following a 15 bi...
Apr 24, 2023 (Gmt+09:00)
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Electronics
Samsung faces $303 mn jury verdict in memory patent lawsuit in US
Samsung Electronics Co. lost a semiconductor patent infringement lawsuit filed in the US. The South Korean company received a jury verdict to pay ab...
Apr 23, 2023 (Gmt+09:00)
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K-pop
BTS' Suga releases his first solo album D-DAY
Suga of K-pop sensation BTS released his first solo album, “D-DAY”, on Friday, Bit Hit Music announced.This album is Suga’s first ...
Apr 21, 2023 (Gmt+09:00)
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Korean startups
Asleep dreams big to help sleepless people worldwide find right treatment
Armed with artificial intelligence and big data technologies, Asleep hopes to find the best treatment for sleep-deprived people around the world wit...
Apr 21, 2023 (Gmt+09:00)
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Food & Beverage
Indonesia's Green Rebel enters S.Korean alternative meat market
Indonesia-based food tech startup, Green Rebel Foods, made public its official entry into the Korean plant-based protein food market. Bryan Toh, Glo...
Apr 20, 2023 (Gmt+09:00)
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Research & Development
POSCO Holdings opens new R&D center in Pohang
POSCO Holdings said on Thursday that it has opened a headquarters for POSCO N.EX.T Hub, which will lead the R&D efforts for the entire POSCO G...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
Korean gov’t pledges additional $7.9 bn for startups amid fund squeeze
The South Korean government will spend an additional 10.5 trillion won ($7.9 billion) to shore up the country’s startups and venture capitalis...
Apr 20, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen
South Korea's Hyundai Engineering Co. and SK Ecoplant Co. are teaming up with Ultra Safe Nuclear Corporation (USNC), a US micro modular reactor (MMR...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
Sports tech startups poised to launch next Korean unicorn
UK Premier League Tottenham Hotspur star forward Son Heung-min and two-way US MLB icon Shohei Ohtani, a designated pitcher and hitter for the Los An...
Apr 20, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to raise R&D's share of defense budget to 10%
South Korea will develop a reconnaissance and interception system to respond to North Korea's nuclear weapons and missile threats from space by rais...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
S.Korean gov't to support domestic startups in Saudi Arabia entry
South Korea's Ministry of SMEs and Startups held on Wednesday the "K-Deep Tech Startup Meetup" event at Startup Alliance & Space in Gangnam dist...
Apr 19, 2023 (Gmt+09:00)
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Healthcare
Samsung unveils HealthStack at US healthcare tech exhibition
Samsung Electronics Co. announced on Tuesday that it will showcase Samsung HealthStack ver. 1.0 at the "2023 HIMSS Global Health Conference & Ex...
Apr 18, 2023 (Gmt+09:00)
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Entertainment
S.Korea’s character Baby Shark stars with Sesame Street’s Elmo
Baby Shark, the popular children’s character from South Korea’s family entertainment company Pinkfong, and Elmo, the famous red monster ...
Apr 18, 2023 (Gmt+09:00)
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Retail
Shinsegae supports int'l expansion of S.Korea's promising fashion brands
South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...
Apr 14, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea, Boeing tie up for develop future advanced weapons
The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...
Apr 13, 2023 (Gmt+09:00)
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Healthcare
LG to unveil healthcare product; open to startup M&As
South Korea’s LG Electronics Inc. is set to unveil its first digital healthcare product in the second half of this year, three years after it ...
Apr 12, 2023 (Gmt+09:00)
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Korean startups
Rebellions CEO aims to outrival Qualcomm within a decade
Artificial intelligence is the talk of the tech world, particularly with the rise of the worldwide sensation OpenAI’s ChatGPT, the generative ...
Apr 10, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to allocate 70% of annual R&D budget to eleven core tech areas
The South Korean government plans to allocate 70% of its annual R&D budget to 40 projects for research and development in eleven core industrial...
Apr 10, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests
Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. and Nvidia Corp. in ...
Apr 07, 2023 (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