Hanwha's financial companies open AI center in San Franciso

South Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center in San Francisco, a ...

Hyundai, SNU, POSTECH, KIST build joint robotics lab

Hyundai Motor Group said on Wednesday that it established a joint robotics research lab in collaboration with South Korea's top research institution...

Delivery Hero-backed Baemin to exit Vietnam on low returns

Baemin, the top food delivery platform in South Korea, will exit Vietnam on Dec. 8 after four years of operations there amid fierce market competiti...

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...

S.Korea to prop up quantum tech with academia, private sector   

South Korea, trailing in the global race for quantum technology, will open a new quantum technology-dedicated graduate school with a consortium led ...

Samsung, LG show Korean War hero tribute videos on Times Square

A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. Th...

S.Korea's Innocean wins awards in 5 categories at AD Awards of the Year

Innocean, a global provider of marketing and communication services under the Hyundai Motor Group, announced on Wednesday that it had achieved the m...

Kakao Mobility to pursue joint development with 4 major delivery services

South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...

LG Energy partners with Seoul Nat'l Univ. for battery technology

South Korea's No. 1 secondary battery maker LG Energy Solution Ltd. and Seoul National University on Friday signed an agreement to establish an indu...

NCSOFT publishes three AI academic papers at INTERSPEECH 2022 

South Korea’s gaming giant NCSOFT Corp. will present three academic papers at INTERSPEECH 2022, the world’s largest and most comprehensi...

Why Korean chipmakers struggle with talent shortages

South Korean President Yoon Suk-yeol on Tuesday lashed out at Vice Education Minister Chang Sang-wan during a cabinet meeting, after Chang pointed t...

LG Energy, German institutes to jointly research advanced batteries

The world’s second-largest battery maker LG Energy Solution Ltd. has teamed up with two German research institutes to develop next-generation ...

Fortune-telling app receives $4 mn in Altos Ventures-led Series A funding

Chunmyung and Company, the operator of its namesake fortune-telling app, announced on Tuesday it has secured Series A funding worth five billion w...

Forbes taps MBK and Nexon founders as Asia's philanthropy heroes

Michael ByungJu Kim, the founder of South Korean investment firm MBK Partners, and Kim Jung-ju, founder of Nexon, the largest online gaming compan...

Delivery Hero sells Yogiyo to GS Retail, Affinity-led group

Germany’s Delivery Hero SE has signed an agreement to sell South Korea’s second-largest food delivery platform Yogiyo to a consortium of...

Delivery Hero gets 5 more months to sell Yogiyo until January

South Korea’s antitrust regulator said on Thursday it is extending the deadline for Germany’s Delivery Hero SE to sell food delivery pla...

Delivery Hero seeks more time to sell Korea's Yogiyo

Delivery Hero SE has requested up to another six months to sell South Korea's No. 2 food delivery platform Yogiyo, the estimated value of which was ...

Delivery Hero's Korean unit sale hits dead end

Delivery Hero SE on Thursday postponed the deadline again for the final bidding of South Korea's Yogiyo, amid market doubts over the country's No. 2...

SoftBank-backed Balance Hero raises $10 mn in debt funding from India

South Korean fintech startup Balance Hero has raised around $10 million in debt funding led by the India-based non-banking financial company (NBFC) ...

Delivery Hero kicks off sale of S.Korea's No.2 delivery app Yogiyo

Germany-based online food delivery service Delivery Hero SE has kicked off the sale process of South Korea's second-largest food delivery app, Yogiy...

Delivery Hero could face up to $1.4 bn in fines if it fails to sell Yogiyo

Food delivery giant Delivery Hero SE is facing some time pressure to sell South Korea’s No. 2 food delivery app Yogiyo, estimated at 2 trillio...

Delivery Hero welcomes Baemin, seeks new home for Yogiyo

Germany-based online food delivery service Delivery Hero SE will sell off its prized South Korean business, Yogiyo, the country's second-largest...

Delivery Hero, Woowa $4 bn merger faces hiccup due to KFTC

The proposed merger between Germany-based Delivery Hero SE and South Korea's Woowa Brothers Corp. has hit a roadblock due to the Korea Fair Trade Co...

Balance Hero banks on India's 1.3B with fintech

Expanding to India was a no-brainer decision for Lee Cheol-won."It took just five minutes to make the call," said Lee, CEO of Balance Hero, a financia...