Upstage to develop math-specific LLM with Qanda

Upstage to develop math-specific LLM with Qanda

South Korean artificial intelligence tech startup Upstage will challenge global math solver AIs such as OpenAI’s ChatGPT and Google’s Ph...

South Korean bio, pharma industry set to take leap

South Korean bio, pharma industry set to take leap

South Korea’s chemical maker LG Chem Ltd. is expected to reap more than 1 trillion won ($768.5 million) in sales this year from its new growth...

KT says farewell to telegraph after a century of service

KT says farewell to telegraph after a century of service

KT Corp., a leading South Korean telecom company, will end its telegraph service, once the fastest means of long-distance communication, after the c...

Samsung bags $1 bn via ASML share sale for chip production

Samsung bags $1 bn via ASML share sale for chip production

Samsung Electronics Co., the world’s largest memory chipmaker, has divested a 0.3% stake in Dutch chip equipment manufacturer ASML Holdings N....

Korean battery makers’ broad restructuring hits US

Korean battery makers’ broad restructuring hits US

SK On Co., South Korea’s No. 3 battery maker, has decided to furlough employees at one of its US battery factories in the state of Georgia to ...

Disgruntled investors accuse Fadu of blowing smoke

Disgruntled investors accuse Fadu of blowing smoke

Fadu Inc., the first unicorn in the South Korean semiconductor sector, which had a triumphant market debut three months ago, is facing the backlash ...

S.Korean webcomics inspire foreign screen adaptations

S.Korean webcomics inspire foreign screen adaptations

South Korea’s digital comics are reaching beyond borders with a boom of their adaptations into foreign movies and TV series thanks to glo...

LG Uplus buys pet Airbnb-style startup to boost pet care services

LG Uplus buys pet Airbnb-style startup to boost pet care services

LG Uplus Corp. has acquired a domestic dog space rental startup Along as the South Korean mobile carrier is zooming in on pet care services as its n...

PUBG’s glorious comeback in India boon to Krafton

PUBG’s glorious comeback in India boon to Krafton

South Korea’s game developing and publishing giant Krafton Inc. boasted the local gaming industry’s highest operating margin, above 40%,...

Mom's Touch Tokyo pop-up store visitors exceed 30,000

Mom's Touch Tokyo pop-up store visitors exceed 30,000

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday its pop-up store in Shibuya, Tokyo, Japan successfully con...

Polestar 4 EV to be built at Renault’s Korean plant from 2025

Polestar 4 EV to be built at Renault’s Korean plant from 2025

Swedish electric vehicle maker Polestar will build its upcoming Polestar 4 SUV coupe at Renault Group’s manufacturing plant in South Korea fro...

Hanwha Systems to develop extra-large UUV platform technology

Hanwha Systems to develop extra-large UUV platform technology

Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, will develop technology that will pave the way for the development of Korea-m...

SK Biopharma’s Cenobamate US patent extended by 2032

SK Biopharma’s Cenobamate US patent extended by 2032

South Korea's SK Biopharmaceuticals announced on Friday an extension of its US patent for the epilepsy treatment Cenobamate, now set to expire on Oc...

Hyundai Motor's K-UAM One Team collaborates with Incheon

Hyundai Motor's K-UAM One Team collaborates with Incheon

The "K-UAM One Team," an urban air mobility (UAM) consortium consisting of five companies, including Hyundai Motor, has announced that it signed a m...

Kakao bets on AI bot for breakthrough

Kakao bets on AI bot for breakthrough

Kakao Corp., the operator of South Korea’s dominant chat app KakaoTalk, will seek a breakthrough with an artificial intelligence-powered bot a...

South Koreans, frugal at home, open wallets abroad

South Koreans, frugal at home, open wallets abroad

Consumer spending in South Korea has been on the decline this year amid few signs of a near-term recovery. But when it comes to overseas spending, i...

KDI cuts Korea growth forecasts, ups inflation predictions

KDI cuts Korea growth forecasts, ups inflation predictions

A South Korean government think tank has cut its growth forecast in Asia’s fourth-largest economy for this year and next but raised inflation ...

Barings taps John Park as S.Korean asset management head

Barings taps John Park as S.Korean asset management head

Barings LLC has appointed Chong Hak (John) Park as head and sole representative director of its South Korean asset management arm, effective Jan. 1,...

JLK supplies AI stroke solutions to Philippines

JLK supplies AI stroke solutions to Philippines

JLK Inc., South Korea's stroke diagnosis specialist company, announced on Thursday it implemented two artificial intelligence (AI) stroke diagnostic...

Doctornow signs business agreement with Spain’s Mediktor

Doctornow signs business agreement with Spain’s Mediktor

South Korea's medical care startup Doctornow Inc. announced on Wednesday it signed a strategic business agreement with global artificial intelligenc...

Korean AI startups Allganize, Neurophet raise over $35 mn

Korean AI startups Allganize, Neurophet raise over $35 mn

South Korea’s artificial intelligence technology startups Allganize Inc. and Neurophet Inc. raised about 47 billion won ($35 million) in total...

Samsung unveils generative AI Gauss, to be integrated in Galaxy S24

Samsung unveils generative AI Gauss, to be integrated in Galaxy S24

Samsung Electronics Co. on Wednesday unveiled its first generative artificial intelligence model, Samsung Gauss, to compete with the likes of ChatGP...

POSCO Holdings to secure lithium from oil-field brine in Canada

POSCO Holdings to secure lithium from oil-field brine in Canada

South Korea's POSCO Holdings Inc. announced on Wednesday it signed a memorandum of understanding (MOU) with Invest Alberta Corporation (IAC) in Seou...

Coupang on track to post first-ever annual profit in 2023

Coupang on track to post first-ever annual profit in 2023

South Korean e-commerce giant Coupang Inc. on Tuesday reported $87 million in operating profit in the third quarter, its third consecutive quarterly...

Mirae Asset hit by ex-asset manager's misconduct

Mirae Asset hit by ex-asset manager's misconduct

Mirae Asset Securities Co., South Korea’s largest brokerage firm, found in June that a senior manager at its alternative investment division h...

Korean shipyards to beat Chinese rivals with green tankers

Korean shipyards to beat Chinese rivals with green tankers

South Korean dockyards aim to expand their presence in the global tanker market dominated by Chinese players with vessels designed to transport or s...

Kkanbu Chicken opens first overseas store in Philippines

Kkanbu Chicken opens first overseas store in Philippines

South Korea's chicken franchise Kkanbu Chicken opened its first overseas branch in Manila's Solaire Resort.According to the company on Tuesday, the ...

KAI participates in Thailand's Defense & Security 2023

KAI participates in Thailand's Defense & Security 2023

Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...

Brits to enjoy K-food Bibigo at home with delivery service

Brits to enjoy K-food Bibigo at home with delivery service

South Korean food giant CJ CheilJedang Corp. started the delivery service of its K-food brand Bibigo in the UK to accelerate the expansion of the As...

Chong Kun Dang rallies on $1.3 bn deal with Novartis

Chong Kun Dang rallies on $1.3 bn deal with Novartis

Chong Kun Dang Pharmaceutical Corp.'s shares zoomed more than 25% on Monday on news that the South Korean medicine developer has signed its biggest-...

BOK keeps rates steady following loan curbs, fiscal boost Cohen & Steers names Andrew Shin to lead S.Korea institutional business Rap icon Cardi B joins K-beauty’s celebrity fans with BB cream South Korea’s ex-President Yoon re-arrested over martial law decree Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features