Tech Day 2023
Scope
Date
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Korean food
S.Korea sees new record of instant noodle exports
South Korea's exports of ramen exceeded 1 trillion won ($780 million) for the first time. Korean ramen is celebrating its 60th anniversary this year...
Nov 20, 2023 (Gmt+09:00)
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Electronics
LG Elec unveils shoe care appliance at ComplexCon 2023
LG Electronics Inc. unveiled its dedicated shoe care appliance Styler Objet Collection ShoeCare and ShoeCase at ComplexCon 2023 in Long Beach, Calif...
Nov 20, 2023 (Gmt+09:00)
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Korean startups
Naver-invested Bering Lab tops at Huawei startup contest
South Korea’s artificial intelligence (AI) legal technology startup Bering Lab, with investment from Naver D2 Startup Factory (D2SF), receiv...
Nov 17, 2023 (Gmt+09:00)
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Fintech
S.Korea's FNS Value to enter Malaysian fintech market
South Korea's FNS Value announced on Thursday a collaboration agreement with the Malaysian big data technology company Big Dataworks. The two compan...
Nov 16, 2023 (Gmt+09:00)
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Korean food
Samyang draws record-high sales on Singles' Day in China
South Korea's Samyang Foods Co. announced on Thursday its sales during China's largest shopping festival, Singles' Day (Nov. 11), reached a new re...
Nov 16, 2023 (Gmt+09:00)
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E-commerce
Alibaba continues eyeing S.Korean e-commerce M&A
Chinese tech giant Alibaba Group is seeking to purchase a major online retail platform in South Korea, one of the world’s largest e-commerce m...
Nov 15, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung bags $1 bn via ASML share sale for chip production
Samsung Electronics Co., the world’s largest memory chipmaker, has divested a 0.3% stake in Dutch chip equipment manufacturer ASML Holdings N....
Nov 14, 2023 (Gmt+09:00)
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Regulations
South Korea vulnerable to tech spies undeterred by soft penalties
When a former Samsung Electronics Co. executive was arrested on industrial espionage charges by South Korea’s National Intelligence Service (N...
Nov 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom verifies AI server liquid immersion cooling tech
South Korea's SK Telecom Co. announced on Tuesday that it has successfully verified the liquid immersion cooling technology, a next-generation Inter...
Nov 14, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI participates in Dubai Airshow 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Tuesday that it has participated in the "Duba...
Nov 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
After a boom and bust, the chip industry Is regaining its health
The global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S...
Nov 14, 2023 (Gmt+09:00)
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Economy
S.Korea’s semiconductor exports rebound in 1st 10 days of November
South Korea’s semiconductor exports rose in the first 10 days of November, reversing their 13-month downward trend, data show, raising the pro...
Nov 13, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to unveil 3D AI chip packaging tech SAINT to rival TSMC
Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil an advanced three-dimensional (3D) chip packaging technology ne...
Nov 12, 2023 (Gmt+09:00)
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Food & Beverage
Mom's Touch Tokyo pop-up store visitors exceed 30,000
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday its pop-up store in Shibuya, Tokyo, Japan successfully con...
Nov 10, 2023 (Gmt+09:00)
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Venture capital
VCs give thumbs up to EV, parts/materials, travel tech
The venture capital funding crunch has continued through this year in South Korea but VCs have raised their stakes in select companies in the electr...
Nov 09, 2023 (Gmt+09:00)
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Korean startups
Goldman Sachs lists Moloco CEO among exceptional entrepreneurs
Moloco Inc., a Silicon Valley-based ad-tech solution startup, said Wednesday that its co-founder and Chief Executive Ikkjin Ahn was named one of the...
Nov 09, 2023 (Gmt+09:00)
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Bio & Pharma
Doctornow signs business agreement with Spain’s Mediktor
South Korea's medical care startup Doctornow Inc. announced on Wednesday it signed a strategic business agreement with global artificial intelligenc...
Nov 08, 2023 (Gmt+09:00)
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Artificial intelligence
Samsung unveils generative AI Gauss, to be integrated in Galaxy S24
Samsung Electronics Co. on Wednesday unveiled its first generative artificial intelligence model, Samsung Gauss, to compete with the likes of ChatGP...
Nov 08, 2023 (Gmt+09:00)
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Earnings
Coupang on track to post first-ever annual profit in 2023
South Korean e-commerce giant Coupang Inc. on Tuesday reported $87 million in operating profit in the third quarter, its third consecutive quarterly...
Nov 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Electronics hosts AI Forum 2023
Samsung Electronics Co. held on Tuesday the Samsung AI Forum 2023 with the theme of "Super AI for a Better Tomorrow" at the Suwon Convention Center ...
Nov 07, 2023 (Gmt+09:00)
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Retail
Costco Korea on verge of falling into low-growth trap
South Korea, one of the most lucrative markets for Costco Wholesale Corp., appears to be losing its appeal in the face of China’s rapid ascent...
Nov 07, 2023 (Gmt+09:00)
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Hydrogen economy
SK E&S, K-water to jointly develop homegrown green hydrogen facilities
South Korea's SK E&S announced on Tuesday it signed a memorandum of understanding (MOU) with Plug Power, K-water, and SK Plug Hyverse to expand ...
Nov 07, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI participates in Thailand's Defense & Security 2023
Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...
Nov 06, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to join Canadian patrol submarine project
South Korea's shipbuilder Hanwha Ocean Co. secured a memorandum of understanding (MOU) with four Canadian submarine tech firms at Deep Blue Forum 20...
Nov 06, 2023 (Gmt+09:00)
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Construction
Daewoo E&C opens new branch in Turkmenistan
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened a branch in Ashgabat, the capital of Turkmenistan, on Oct. 31, the c...
Nov 03, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility secures contract for cask design from KHNP
South Korea's Doosan Enerbility Co. announced on Thursday it secured a contract for dry storage systems of spent nuclear fuel comprehensive design s...
Nov 02, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to target Southeast Asian defense market
South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...
Nov 02, 2023 (Gmt+09:00)
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Batteries
Ecopro to develop lithium mine in Nevada with Australian firm
South Korean battery materials maker EcoPro Co. announced on Wednesday its subsidiary EcoPro Innovation signed a memorandum of understanding (MOU) w...
Nov 01, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharma, Merck team up for AI tech for new drug
South Korea's Daewoong Pharmaceutical announced on Tuesday it signed with memorandum of understanding (MOU) with Merck Life Science to build an arti...
Oct 31, 2023 (Gmt+09:00)
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Korean games
Nexon’s 'The Finals' draws record-high concurrent users
South Korea’s game publishing giant Nexon Co. is set to release another blockbuster game after its new first-person shooting game “The F...
Oct 30, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet