BIND wins D.Camp startup pitch race in April, co-sponsored by CJ

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...

S.Korea to support exports of 100 SMEs in metaverse, XR industry

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...

S.Korea, UL Solutions sign agreement for supporting domestic 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...

Kolon Industries to move into secondary battery recycling market

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...

Korean dept stores to lure foreigners with K-pop, festival

Korean dept stores to lure foreigners with K-pop, festival

South Korean department stores are set to launch various programs such as a festival and sales of K-pop star merchandise to attract foreign tourists...

S.Korean gov’t to export domestic tax service system abroad

S.Korean gov’t to export domestic tax service system abroad

South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...

Hanwha Aerospace invests in Israeli startup with anti-jamming tech

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...

Netflix to inject $2.5 bn in Korean drama series, movies over next 4 years

Netflix to inject $2.5 bn in Korean drama series, movies over next 4 years

WASHINGTON, D.C. –  US streaming giant Netflix is slated to invest $2.5 billion in South Korea over the next four years to boost its cont...

Upstage beats Amazon, Nvidia to rank first in global AI competition

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...

Blockchain game startup Gomble gets seed round

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...

SK Telecom invests $11 mn in AI startup Scatter Lab

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...

Asleep dreams big to help sleepless people worldwide find right treatment

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...

Indonesia's Green Rebel enters S.Korean alternative meat market

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...

Korea Tourism Organization to host K-Tourist Festival in Japan

Korea Tourism Organization to host K-Tourist Festival in Japan

The Korea Tourism Organization announced on Thursday that it will hold a "K-Tourism Festival" on Apr. 21-22 in Hiroshima and Fukuoka, the key market...

Korean gov’t pledges additional $7.9 bn for startups amid fund squeeze

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...

Sports tech startups poised to launch next Korean unicorn

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...

K-pop group Astro's Moonbin found dead in his apartment

K-pop group Astro's Moonbin found dead in his apartment

Moonbin, a member of K-pop group Astro, has died, South Korean police said on Thursday.According to the police and the music industry, his manager f...

S.Korean gov't to support domestic startups in Saudi Arabia entry

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...

Aespa, other SM artists to join BTS' K-pop fan platform

Aespa, other SM artists to join BTS' K-pop fan platform

SM Entertainment Co.'s artists such as aespa and NCT are set to join HYBE Co.'s fan engagement service., boosting the competitiveness of the platfor...

Shinsegae supports int'l expansion of S.Korea's promising fashion brands

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...

LG to unveil healthcare product; open to startup M&As

 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 ...

What’s the next K-sensation after rise of 60-year-old K-ramen?  

What’s the next K-sensation after rise of 60-year-old K-ramen?  

It was not easy for latecomer Samyang Foods Co. to come up with a recipe for its own instant ramen noodle 60 years ago when Japanese rival Nissin ...

Rebellions CEO aims to outrival Qualcomm within a decade

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 ...

S.Korean ramen's exports reach new heights amid K-content boom

S.Korean ramen's exports reach new heights amid K-content boom

Riding the wave of the K-content craze, South Korean ramen's overseas status is soaring. In the first quarter of this year, the ramen export value e...

HD Hyundai moves K-pop gala to Busan for World Expo bid

HD Hyundai moves K-pop gala to Busan for World Expo bid

South Korea’s HD Hyundai Co. will move an annual K-pop concert to Busan this year to support the city’s bid to host the 2030 World Expo....

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

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 ...

Shared growth with startups essential for GS Group: Chairman Huh

Shared growth with startups essential for GS Group: Chairman Huh

GS Group, a South Korean energy-to-retail conglomerate, plans to aggressively invest in startups and venture companies with promising technology &nd...

CJ Olive Young introduces Beauty Box filled with K-beauty products

CJ Olive Young introduces Beauty Box filled with K-beauty products

South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...

SK C&C partners with Storm Ventures to discover promising B2B startups

SK C&C partners with Storm Ventures to discover promising B2B startups

South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...

NongHyup opens office in Vietnam to strengthen K-food exports

NongHyup opens office in Vietnam to strengthen K-food exports

South Korea's NongHyup, or the National Agricultural Cooperative Federation, announced on Wednesday that it has opened an office in Vietnam with pla...

Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking