Profit matters for survival of startups amid investment drought

As venture capitalists tighten their purse strings amid looming recession fears, only startups with killer products that generate profits are well-p...
As venture capitalists tighten their purse strings amid looming recession fears, only startups with killer products that generate profits are well-p...
South Korea, one of the most wired countries in the world, lags far behind other countries in attaining unicorn startups in the artificial intellige...
Samsung Electronics Co. will bring its first robot EX1 to market this year to compete with LG Electronics Inc., shifting its focus from traditional ...
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthen its eco-friendly b...
The South Korean won currency skidded to a four-week low on Monday as stronger-than-expected US employment data renewed expectations that the Federa...
South Korean biotech companies are speeding up their foray into the Middle East to tap oil money as they seek new growth engines beyond fossil fuels...
South Korea is set to allow all kinds of fractional investments next year through the legalization of a security token (ST), a digital form of tradi...
LG Electronics Inc. recently introduced "LG Art Lab," a non-fungible token art trading platform mounted on LG TVs, through a large display board in ...
South Korea's No. 4 conglomerate LG Corp. is set to accelerate its net zero by 2050 strategies.LG will invest 3.4 trillion won ($2.7 billion) by 203...
South Korea's National Pension Service (NPS), the world's third-largest pension fund, has underperformed its global peers over the past decade in te...
South Korean startups won four out of the 23 Best of Innovation awards at CES 2023, the world’s largest tech show last month. Among the winner...
NCSOFT Corp., South Korea’s major game developing and publishing company, has recently laid off about 20% of its North American operation, joi...
MBK Partners, the largest private equity firm in Northeast Asia, is set to acquire Japanese senior nursing care service company Unimat Retirement Co...
Prestige Biopharma, a Singapore-based biopharmaceutical company with operations in South Korea and the US, has applied to the Australian clini...
South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...
New York Life Investments (NYLIM) has appointed Sungyun Hong as head of its Seoul office, the US asset management firm said on Wednesday. Hong ...
Rank-and file-employees at Samsung Electronics Co. will call their senior executives without their titles as part of the company’s new human r...
In today’s connected world, the ultimate gadget consumers want brings together everything they need at any time, without hassle.Samsung Electr...
South Korea's KB Financial Group on Tuesday presented its investment philosophy to individual and institutional customers in the metaverse, a three-...
South Korea's Samkang M&T Co., a specialist in offshore wind plants and shipbuilding, has been renamed SK oceanplant under a strategy to raise t...
SAN FRANCISCO – Samsung Electronics Co., the world’s top smartphone maker, unveiled on Wednesday its flagship Galaxy S23 series equipped...
MGRV Community & Space, a South Korean startup that operates co-living facilities under the brand "Mangrove," announced on Wednesday it has attr...
South Korea's Hanwha Hotels & Resorts Co., Ltd. said on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Lodgis H...
South Korea's Daewoong Pharmaceutical has licensed a new drug candidate for idiopathic pulmonary fibrosis (IPF) to CS Pharmaceuticals (CSP) of the U...
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly slash its investment for this year after p...
A project to lengthen the lifecycle of 1,000-horsepower gas turbine engine core components and materials, which is led by Hanwha Aerospace Co. locat...
The Korea Internet & Security Agency (KISA) on Monday has announced the launch of the "ASEAN Cyber Shield" project, a major international cooper...
Samsung Electronics Co. said on Tuesday it has no plans to cut semiconductor production even if it incurs temporary losses as the world’s larg...
A self-driving vehicle taking a passenger home and then docking into the building so that they can enter the house without being exposed to the outs...
Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...