SK Tel launches world’s 1st Korean large language model

SK Tel launches world’s 1st Korean large language model

SK Telecom Co. on Tuesday announced the official launch of the world’s first Korean large language model (LLM) “A.”, or A Dot, whi...

NeoCannBio completes $7.4 mn series B funding

NeoCannBio completes $7.4 mn series B funding

South Korea's NeoCannBio, a medical cannabis startup backed by the Korea Institute of Science and Technology (KIST), announced on Tuesday that it ha...

Samsung set to keep supremacy in low power DRAM with game changer

Samsung set to keep supremacy in low power DRAM with game changer

South Korea’s No. 1 memory chip maker Samsung Electronics Co., also the world’s top player, is set to further break away from the pack w...

POSCO, Bartlett to set up grain procurement joint venture

POSCO, Bartlett to set up grain procurement joint venture

South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up ...

Samsung Elec looks to Google, Apple alumni for future growth

Samsung Elec looks to Google, Apple alumni for future growth

Samsung Electronics Co., the world’s top memory chip and smartphone maker, has tapped more alumni from US Big Tech companies such as Google, A...

Naver integrates points program with Samsung Pay

Naver integrates points program with Samsung Pay

The online money and points of South Korea's Naver Pay, an affiliate of the country's largest web portal Naver Corp., can now be used at offline sto...

Samsung C&T invests $11 mn in construction robot venture

Samsung C&T invests $11 mn in construction robot venture

South Korean construction and engineering company Samsung C&T Corp. has invested 15 billion won ($11.2 million) in the construction robot startu...

SKC plans world’s largest biodegradable plastic plant in Vietnam

SKC plans world’s largest biodegradable plastic plant in Vietnam

South Korea’s SKC Ltd., secured an investment registration certificate (IRC) to establish the world’s largest biodegradable plastics m...

SK Telecom to commercialize UAM with American partner

SK Telecom to commercialize UAM with American partner

South Korea's SK Telecom Co. will launch domestic commercial operations in urban air mobility (UAM) with Joby Aviation, a Santa Cruz, California-b...

S.Korean startups, VC seek money, business opportunities in Japan

S.Korean startups, VC seek money, business opportunities in Japan

South Korean startups and venture capitalists battered by chilled investor sentiment amid rising interest rates and slowing economic growth at home ...

Samsung Welstory to develop corporate healthcare menu

Samsung Welstory to develop corporate healthcare menu

South Korean food and beverage (F&B) company Samsung Welstory has teamed up with Kangbuk Samsung Hospital to develop business-to-business (B2B) ...

Samsung may use Qualcomm’s new AP for next Galaxy top model

Samsung may use Qualcomm’s new AP for next Galaxy top model

Samsung Electronics Co., the world’s top smartphone maker, may use Qualcomm Inc.’s new application processor (AP) for the top-end model ...

Unid expands potassium hydroxide plant in Ulsan

Unid expands potassium hydroxide plant in Ulsan

OCI Group-affiliated chemical company Unid announced on Thursday that it has completed the expansion of its Ulsan plant after investing 11 billion w...

Samsung SDI gets top int'l grade for zero-waste landfills

Samsung SDI gets top int'l grade for zero-waste landfills

South Korea’s Samsung SDI Co. on Wednesday said all of its domestic business sites received the highest grade of Platinum in the Zero Waste to...

Samsung Heavy develops laser high-speed welding robot for LNG vessels

Samsung Heavy develops laser high-speed welding robot for LNG vessels

South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...

Broadcom fined $14.3 mn in Korea over Samsung contract

Broadcom fined $14.3 mn in Korea over Samsung contract

Broadcom Inc. a US smartphone components maker, was slapped with a fine of 19.1 billion won ($14.3 million) in South Korea on Thursday for allegedly...

Samsung tops US customer satisfaction in PC sector

Samsung tops US customer satisfaction in PC sector

Samsung Electronics Co. has been rated as the most satisfactory PC brand among US consumers, according to a survey by the American Customer Satisfac...

Samsung, UMich to research on Galaxy Watch’s fitness feature

Samsung, UMich to research on Galaxy Watch’s fitness feature

Samsung Electronics Co. announced on Wednesday that it is conducting research in collaboration with the University of Michigan to enhance fitness fe...

Samsung Galaxy to help locate lost credit cards

Samsung Galaxy to help locate lost credit cards

Samsung Electronics Co. signed a business agreement with KB Kookmin Card and American Express on Tuesday for the launch of an Internet-of-Things (Io...

Samsung to launch Galaxy S23 FE as early as October

Samsung to launch Galaxy S23 FE as early as October

Samsung Electronics Co. is slated to release the Galaxy S23 Fan Edition (FE), a cheaper model than those in the high-end Galaxy S23 series, as early...

Samsung’s canine love rewarded as its guide dog school turns 30

Samsung’s canine love rewarded as its guide dog school turns 30

Back in the 1990s, South Korea was internationally denounced as a country where people eat dog meat.People hardly recognized nor paid attention to t...

Samsung Heavy, Pan Ocean to co-develop digital solutions

Samsung Heavy, Pan Ocean to co-develop digital solutions

South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...

Samsung Biologics wins $242 mn order from Bristol Myers Squibb

Samsung Biologics wins $242 mn order from Bristol Myers Squibb

Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it has signed an agreement to produce $242 million worth of anti...

HBM chips key theme for Samsung Nov investors forum

HBM chips key theme for Samsung Nov investors forum

Samsung Electronics Co. will hold an investors forum in Hong Kong in November, where it is expected to share details about the development of high b...

Samsung releases The Wall for virtual production in Europe

Samsung releases The Wall for virtual production in Europe

Samsung Electronics Co. announced on Friday that it unveiled "The Wall for Virtual Production" at IBC 2023, the world's largest trade fair for elect...

Krafton, Naver eye Overdare as S.Korea's answer to Roblox

Krafton, Naver eye Overdare as S.Korea's answer to Roblox

South Korea's game company Krafton Inc. and Naver Z, a metaverse unit of the country’s portal giant Naver Corp. on Thursday said they will u...

Samsung releases Galaxy Watch6 Classic PXG edition

Samsung releases Galaxy Watch6 Classic PXG edition

Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...

Samsung C&T sells 3GW solar energy project in US to local firm

Samsung C&T sells 3GW solar energy project in US to local firm

Samsung C&T Renewables, the renewable energy corporation of South Korea's Samsung C&T Corp. in the US, announced on Thursday that it has s...

Samsung to launch 83-inch OLED TVs equipped with LG panels in Europe

 Samsung to launch 83-inch OLED TVs equipped with LG panels in Europe

South Korea’s Samsung Electronics Co. is set to bring its 83-inch 4K OLED TV model, with panels supplied by its crosstown rival LG Display Co....

Samsung Electronics on track to achieve carbon neutrality by 2050

Samsung Electronics on track to achieve carbon neutrality by 2050

Come Friday, Samsung Electronics Co., the world’s largest memory chipmaker, will mark its first anniversary of publicly announcing its enterpr...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit