Gaming firm NCSOFT wins S.Korea’s largest AI R&D competition
South Korean game developer NCSOFT Corp. announced on Friday that it won first place at this year’s Artificial Intelligence Grand Challenge, h...
Fintech co. Awake Corp. provides financial management tool to creators
South Korean fintech startup Awake Corporation won the hearts and wallets of judges at the D.Day X D.Camp event on Thursday, garnering 20 million wo...
Hanwha Q CELLS to join EU project for cutting-edge solar batteries
Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...
D.Day X D.Camp All Star event aims to narrow gap between VC and startup
Come this Thursday, D.Camp operated by the Banks Foundation for Young Entrepreneurs will host the biggest demo day of the year, in collaboration wit...
SK On, Korean colleges to conduct R&D of next-generation batteries
South Korean battery maker SK On has raised its research and development (R&D) capacity in next-generation cells by joining forces with the dome...
CJ CheilJedang to strengthen R&D for bio and healthcare businesses
CJ Corp. announced it will strengthen its research and development (R&D) efforts in the bio and healthcare sectors. CJ CheilJedang Corp. ...
Deep learning SaaS provider Z.Ai wins at D.Camp pitch competition
Deep learning-based Software as a Service (SaaS) provider Z.Ai Inc. won the September pitch competition hosted by Seoul-based startup accelerator D....
S.Korean conglomerates increase AI R&D hubs overseas
South Korean conglomerates are increasingly looking overseas as bases of their artificial intelligence research centers to build strong networks wit...
Tikehau Capital Korea wins GP license to boost Asian operations
Tikehau Capital, a Paris-headquartered global alternative asset management group, is working hard to expand growth and its operating capacity in Asi...
Lotte Group to donate $10.4 mn to KAIST to build R&D, design centers
Lotte Corp. announced on Monday that it will donate 14 billion won ($10.4 million) to the prestigious Korea Advanced Institute of Science and Techno...
Hyundai’s Genesis ranks top in J.D. Power’s innovative tech study
Hyundai Motor Co.'s premium brand Genesis has been recognized by industry analysts for its excellence in innovative technology and consumer experi...
Startup accelerator D.Camp marks 100th demo day
Startup accelerator D.Camp’s demo day event dubbed D.Day celebrated its 100th event on Thursday. The first D.Day event was held in June 2...
SoftBank-backed Tridge becomes South Korea’s first agriculture unicorn
South Korea’s agriculture and food trading platform Tridge Co. announced Thursday that it raised 50 billion won ($37.4 million) from DS Asset ...
Samsung to invest $15 bn in semiconductor R&D complex
Samsung Electronics Co., the world’s top memory chipmaker, plans to spend 20 trillion won ($15.1 billion) by 2028 on an advanced semiconductor...
Remote work, small offices revive S.Korea's printer market
South Korea’s printer market has been recovering from a long slump as the rise of remote work and small or home offices has revived demand for...
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...
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...
Experts criticize Seoul's quantum computer development efforts
The United States: 4158. South Korea: 50These figures refer to the number of qubits in a quantum computer that each country seeks to develop by 2026...
Home decoration app O!House launches a beta version in Japan
“Even though different countries have varying living conditions, we all share the common goal of decorating our spaces,” Jay Lee, CEO of...
Washington D.C. recognizes Korea as origin of kimchi
Washington D.C. has joined the three US states of California, Virginia and New York to designate Nov. 22 “Kimchi Day,” and has acknowled...
Hyundai showcases IONIQ 6, electrified streamliner
Hyundai Motor Co. on Wednesday unveiled the design of the IONIQ 6, its first all-electric sedan on an exclusive EV platform, with which South Korea&...
LG Electronics, GS acquire AppleMango to launch EV charging business
LG Electronics Inc., in partnership with GS Group, is advancing into the electric vehicle charging service market by acquiring AppleMango Co., a Sou...
Korea to reboot nuclear power sector with orders, aid
South Korea plans to rebuild the nuclear power plant industry hard hit by the previous government’s nuclear energy phasing-out policy by placi...
Startup ministry taps 60 future unicorns for $240,000 assistance
The Ministry of SMEs and Startups announced Wednesday it has selected 60 promising startups to which it will provide financial assistance and expert...
Childcare app Piloto aims to instill healthy device use
Childcare app operator Piloto won first place at the May startup demo event hosted by D.Camp. The startup accelerator’s parent company,...
Startup accelerator D.Camp generates $22 billion in value in 10 years
Since its inception in 2012, the Banks Foundation for Young Entrepreneurs has generated more than $28 trillion won ($22 billion.)The goal of the fou...
Startup accelerator D.Camp opens Busan office
For the first time, South Korea’s startup accelerator D.Camp has opened an office in the port city of Busan. The joint effort between D...
Online education startup Day 1 Co. completes $28 mn Series D funding
Education content provider Day 1 Company announced Thursday it has completed a Series D funding worth 35 billion won ($28 million.)A number of ventu...
Yoon administration to launch strategic committee for semiconductors
President-elect Yoon Suk-yeol’s transition team announced Thursday it is considering a joint public-private committee that will be in charge o...
SK's biotech bets step closer to commercialization
Biotechnology startups in Europe, backed by South Korea's SK Inc., are speeding up their development of next-generation drug candidates by joining h...
