Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media

Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media

What was once a world of elves, dragons and power-ups is now giving rise to one of South Korea’s most unexpected tech revolutions, with game s...

Samsung Electronics' TV guru Han Jong-hee dies of cardiac arrest at 63

Samsung Electronics' TV guru Han Jong-hee dies of cardiac arrest at 63

Han Jong-hee, vice chairman and co-chief executive of Samsung Electronics Co., has died from cardiac arrest, the company said on Tuesday. He was 63....

SPC shares Korean bakery know-how with Mongolian biz leaders

SPC shares Korean bakery know-how with Mongolian biz leaders

South Korea's SPC Group said on Monday that Mongolian government officials and local business leaders visited Passion5 in Hannam-dong, Seoul, last F...

Mirae Asset Securities introduces AI assistant platform for its employees

Mirae Asset Securities introduces AI assistant platform for its employees

South Korea's Mirae Asset Securities said on Friday that it introduced an artificial intelligence (AI) assistant platform to enhance company-wide op...

After Mercedes Fire, EV Owners Want to Know What Battery They Have

After Mercedes Fire, EV Owners Want to Know What Battery They Have

SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...

Gmarket CEO vows to reclaim lead with know-how from Alibaba, Coupang

Gmarket CEO vows to reclaim lead with know-how from Alibaba, Coupang

The new chief executive of South Korea’s Gmarket Inc. on Monday pledged to drive the local retail giant Shinsegae Group’s online shoppin...

JLK gets FDA OK for prostate cancer diagnosis AI solution

JLK gets FDA OK for prostate cancer diagnosis AI solution

South Korea’s JLK Inc., an AI-based diagnosis solution and platform maker, announced on Monday that it got approval from the US Food and Drug ...

Samsung, KEPCO to collaborate on power facility tech

Samsung, KEPCO to collaborate on power facility tech

Samsung Electronics Co. and Korea Electric Power Corp. (KEPCO) announced on Friday that they signed a memorandum of understanding (MOU) to cooperate...

SK Geo Centric, Youlchon Chemical to develop recyclable plastic

SK Geo Centric, Youlchon Chemical to develop recyclable plastic

South Korea's SK Geo Centric Co. and Youlchon Chemical Co. announced on Sunday that they signed a memorandum of understanding (MOU) to co-develop re...

CJ OliveNetworks, Qualcomm to team up for 5G network

CJ OliveNetworks, Qualcomm to team up for 5G network

South Korea's digital service company CJ OliveNetworks announced on Wednesday that it will collaborate with the US-based Qualcomm Technologies to ...

Hyundai Dept. Store, Siam Piwat to collaborate for K-content

Hyundai Dept. Store, Siam Piwat to collaborate for K-content

South Korea’s Hyundai Department Store Co. announced on Wednesday that it signed a business agreement with Thailand’s retail giant Siam ...

Hyundai Engineering develops cutting-edge sewage treatment tech

Hyundai Engineering develops cutting-edge sewage treatment tech

South Korea's Hyundai Engineering Co., an engineering solutions provider for plants, architecture, infrastructure and asset management, on Wednesday...

Hyundai Card to showcase Meta's MR, AR techs at Da Vinci Motel

Hyundai Card to showcase Meta's MR, AR techs at Da Vinci Motel

Hyundai Card said on Wednesday that its annual Da Vinci Motel event will feature state-of-the-art mixed reality (MR) and augmented reality (AR) expe...

SK Telecom buys major stake in AICC developer Persona AI

SK Telecom buys major stake in AICC developer Persona AI

South Korea's SK Telecom Co. will boost its artificial intelligence (AI) contact center (AICC) unit to emerge as a comprehensive provider of AICC pr...

KCGI Asset Management appoints former KIS head as new CMO

KCGI Asset Management appoints former KIS head as new CMO

South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, former division head...

Samsung to unveil vision for chips resembling human senses at Tech Day

Samsung to unveil vision for chips resembling human senses at Tech Day

Chipmakers around the world have long aspired to develop semiconductors that can replicate human senses such as smell, hearing, vision, taste and to...

SK Shieldus appoints former Samsung SDS president as new CEO

SK Shieldus appoints former Samsung SDS president as new CEO

South Korean security company SK Shieldus announced on Tuesday that it has appointed Hong Won-pyo, former president of Samsung SDS, as its new CEO a...

Emart partners with KOTRA to help S.Korean SMEs export

Emart partners with KOTRA to help S.Korean SMEs export

South Korea’s largest hypermarket chain Emart Inc. is partnering with Korea Trade-Investment Promotion Agency (KOTRA) to expand its overseas f...

ISTE to develop eco-friendly hydrogen with British company

ISTE to develop eco-friendly hydrogen with British company

An innovative South Korean small business has secured technology to simultaneously produce eco-friendly hydrogen and cathode materials for secondary...

Lotte Rental CEO becomes first owner of Kia EV9

Lotte Rental CEO becomes first owner of Kia EV9

The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...

S.Korea's Seegene to share tech with Spanish diagnostics company

S.Korea's Seegene to share tech with Spanish diagnostics company

South Korea's in vitro diagnostic product maker Seegene Inc. on Wednesday said it signed a technology-sharing agreement with the Barcelona, Spain-ba...

Naver expects to export ICT know-how to Middle Eest market

Naver expects to export ICT know-how to Middle Eest market

A high-ranking delegation from the royal family of Sharjah, one of the seven United Arab Emirates, led by Sheikh Saud bin Sultan Al Qasimi, Director...

DB Group, T&T Group sign agreement for business corporation

DB Group, T&T Group sign agreement for business corporation

DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...

S.Korea to apply private advanced tech to military weapons in 5 years

S.Korea to apply private advanced tech to military weapons in 5 years

South Korea has approved a fast-track system that slashes complex administrative procedures for application of private technology to the military&rs...

SK Telecom, Golfzon develop AI golf platform

SK Telecom, Golfzon develop AI golf platform

An artificial intelligence platform in South Korea has produced a golfing coach that analyzes and diagnoses problems in swing posture and recommends...

S.Korean state-run railroad companies meet Czech Minister of Transport

S.Korean state-run railroad companies meet Czech Minister of Transport

South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...

Hugel names ex-CEO of LG Household & Health Care as chairman

Hugel names ex-CEO of LG Household & Health Care as chairman

South Korea's biopharmaceutical company Hugel Inc. on Friday said it appointed Cha Suk-yong, former CEO and vice chairman of LG Household & Heal...

Nexon teams up with 'Parasite' film production company Barunson E&A

Nexon teams up with 'Parasite' film production company Barunson E&A

Nexon, one of South Korea's top three game giants, on Tuesday said it signed a strategic memorandum of understanding with Barunson Entertainment &am...

S.Korea's Alteogen signs $145 million tech export deal with Swiss company

S.Korea's Alteogen signs $145 million tech export deal with Swiss company

South Korea's bio company Alteogen Inc. on Friday said it signed its fourth technology export contract since its 2018 development of the human recom...

Saudi prince’s Seoul trip brings $30 billion in business deals

Saudi prince’s Seoul trip brings $30 billion in business deals

Mohammed bin Salman, the crown prince and prime minister of Saudi Arabia, flew into Seoul on Thursday and clinched $30 billion in bilateral deals wi...

Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells LG Chem sells dermal filler business to VIG Partners for $144 mn Sale of Boryeong LNG Terminal attracts IMM, Macquarie, 8 other PEF bidders Celltrion in talks to buy Eli Lilly plant in US for $504 million Air Liquide in over $3.3bn exclusive talks for South Korea’s DIG Airgas