Millennium Technology Ventures
Scope
Date
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Korean startups
Metaverse platform Maxst makes strong debut on Kosdaq
South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...
Jul 27, 2021 (Gmt+09:00)
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Metaverse
CJ ENM to build virtual studio with Samsung’s new commercial displays
South Korean media company CJ ENM Co. is using Samsung Electronics Co.’s new commercial displays for a virtual production studio to spearhead ...
Jul 26, 2021 (Gmt+09:00)
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Venture capital
LG expands VC portfolio to industrial cyber security
LG Technology Ventures, a venture capital arm of South Korea's LG Group, has diversified its portfolio into the industrial cybersecurity market with...
Jul 26, 2021 (Gmt+09:00)
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Electronics
Samsung to launch much-anticipated QD-OLED TV, expand MicroLED lines
Samsung Electronics Co., the world’s largest TV maker, will launch the much-anticipated QD-OLED TV in the first half of next year, while expan...
Jul 25, 2021 (Gmt+09:00)
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Future Mobility
Hyundai Mobis targets in-vehicle healthcare with brainwave technology
South Korea’s top auto parts maker Hyundai Mobis has developed a new brainwave detection technology that monitors a driver's physical and psyc...
Jul 21, 2021 (Gmt+09:00)
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Batteries
SK Materials’ shares fly high on rosy business outlook
Shares of SK Materials Co., the industrial gas manufacturing affiliate of South Korea’s SK Group, are hovering around all-time high levels ami...
Jul 21, 2021 (Gmt+09:00)
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Battery materials
SK Materials to form a JV with US battery startup Group14 Technologies
SK Materials Co., SK Group’s industrial gas manufacturing arm, will set up a joint venture (JV) with a US battery materials startup Group14 ...
Jul 19, 2021 (Gmt+09:00)
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Blockchain
Samsung Next ramps up investment in NFT ventures
Samsung Electronics Co. is betting big on non-fungible token (NFT) companies through its venture capital unit Samsung Next, headquartered in Mountai...
Jul 14, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix joins Micron in 4th-gen 10nm DRAM production
SK Hynix Inc. has kicked off mass production of its 8 Gigabit (Gb) LPDDR4 mobile DRAM chips based on the 1a nanometer (1anm) node, according to the ...
Jul 12, 2021 (Gmt+09:00)
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Batteries
SK IE Technology throned as top battery materials stock on Korean bourse
SK IE Technology Co. (SKIET), a unit of SK Innovation Co., has climbed to the top ranking among battery materials makers in terms of market capitali...
Jul 09, 2021 (Gmt+09:00)
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Venture capital
Indonesia's HappyFresh draws half of new funding from Korea
Indonesia's online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Nav...
Jul 09, 2021 (Gmt+09:00)
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Biotech
LegoChem’s biotech platform drives 28% share price spike over last month
The rise of the platform economy is a global phenomenon. The spread of the coronavirus pandemic has accelerated the use of contactless technology an...
Jul 07, 2021 (Gmt+09:00)
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Korean startups
Neosapience develops AI voice actors that sound like humans, not robots
In February 2020, a South Korean broadcasting network aired a virtual reality (VR) reunion between a grieving mother and her late daughter. The docu...
Jul 06, 2021 (Gmt+09:00)
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Artificial intelligence
Naver says it's constructing world’s first robot-friendly building
The world’s first “robot-friendly” building will complete construction in the second half of this year by South Korea’s tech...
Jul 05, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai Motor to adopt digital twin in latest move of virtual technology use
Hyundai Motor Group plans to adopt digital twin technology, which allows the automaker to make a digital replica of a real car for simulation not ...
Jul 05, 2021 (Gmt+09:00)
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ESG
Crude oil, nitric acid and yarn turn eco-friendly amid ESG boom
South Korean material makers are boosting their efforts to go green as they increasingly adopt eco-friendly technologies for raw materials such as c...
Jul 04, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai innovates EV manufacturing with smart factory system
South Korea’s top carmaker Hyundai Motor Co. is making innovations in its electric vehicle manufacturing processes. The company on July 1 reve...
Jul 02, 2021 (Gmt+09:00)
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Korean startups
Atlas Labs makes it easy to transcribe phone calls via AI technology
South Korean startup Atlas Labs is making it easier for people to keep track of their phone conversations via Switch, an app that uses artificial in...
Jun 30, 2021 (Gmt+09:00)
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Korean startups
Impressivo to bridge fitness and healthcare industry via sensing technology
San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and he...
Jun 30, 2021 (Gmt+09:00)
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Automobiles
Hyundai Mobis unveils new grille technology for EVs
South Korea’s largest auto parts maker Hyundai Mobis announced on June 17 that it has developed a new grille technology that allows drivers to...
Jun 18, 2021 (Gmt+09:00)
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Mobile networks
Samsung, LG take major steps forward in 6G commercialization
“It’s never too early to start preparing for 6G,” said Samsung Electronics Co. last July in releasing The Next Hyper-Connected Exp...
Jun 17, 2021 (Gmt+09:00)
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Markets
Kakao becomes 3rd most valuable company in Korea
Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...
Jun 15, 2021 (Gmt+09:00)
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Batteries
Samsung SDI mulls EV battery JV in US; partnership with global automaker
Samsung SDI Co., one of South Korea’s top three electric vehicle battery makers, is considering launching a battery production joint venture i...
Jun 09, 2021 (Gmt+09:00)
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IPOs
AI edtech startup Buzzvil readies for 2022 listing; hires IPO manager
South Korea-based artificial intelligence startup Buzzvil is preparing to make a trading debut on the country’s junior bourse Kosdaq in the th...
Jun 09, 2021 (Gmt+09:00)
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OTT streaming
Kakao joins OTT race with INISOFT acquisition
Kakao Corp. is entering the over-the-top (OTT) streaming market. According to investment banking sources on May 27, Kakao’s entertainment and ...
May 27, 2021 (Gmt+09:00)
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SK Innovation in CO2 capture, storage technology project
SK Innovation Co. signed an agreement on May 26 to participate in South Korea's first government-led project to develop carbon capture and storage (...
May 26, 2021 (Gmt+09:00)
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Korean startups
STIC Ventures invests $2 mn in Vietnamese logistics startup EcoTruck
South Korea-based venture capital firm STIC Ventures has recently invested $2 million in a Vietnamese logistics startup EcoTruck, a move aimed at bo...
May 24, 2021 (Gmt+09:00)
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Construction & Planning
Hyundai CE, Amazon develop AI-based equipment diagnosis technology
Hyundai Construction Equipment Co. (Hyundai CE), an affiliate of Hyundai Heavy Industries Holdings Co., said on May 17 that it has jointly developed...
May 17, 2021 (Gmt+09:00)
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Artificial intelligence
LG Group to invest $106 mn in advanced AI tech development
South Korea’s LG Group will spend about 120 billion won ($106 million) over the next three years to establish a massive high-performance compu...
May 17, 2021 (Gmt+09:00)
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Korean startups
SoftBank Ventures invests in fashion app targeting middle-aged women
South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million) from a pool of hig...
May 13, 2021 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess