Top-100 Gen AI Consumer Apps
Scope
Date
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Korean stock market
Rising interest rates reshuffle Korean market cap list
Rising interest rates amid a slowing global economy rattled South Korean companies’ market capitalization rankings, bumping online players suc...
Oct 28, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant
Hyundai Motor Co. broke ground on a $5.54 billion electric vehicle and battery plant in the US state of Georgia on Tuesday, as the top South Korean ...
Oct 26, 2022 (Gmt+09:00)
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Economy
Robust consumer spending in South Korea despite economic downturn
A buyer who works for the men's fashion division of a South Korean department store had trouble sleeping ahead of the fall sale that ran from Sept. ...
Oct 22, 2022 (Gmt+09:00)
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Economy
South Korea on course for seventh month of trade deficit
South Korea is poised to post a trade deficit for the seventh straight month in October, which would mark the longest period of shortfalls in 25 yea...
Oct 21, 2022 (Gmt+09:00)
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Bio & Pharma
Korea's Samsung Biologics signs $296 mn CMO deal with GSK
South Korea’s Samsung Biologics Co. has signed a $296.1 million deal to supply biopharmaceutical products to UK-based multinational pharma gia...
Oct 21, 2022 (Gmt+09:00)
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Earnings
POSCO Holdings' Q3 profit tumbles on steel mill shutdown
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, missed market estimates for its quarterly profit as last mo...
Oct 19, 2022 (Gmt+09:00)
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Korean stock market
Foreigners in year's longest Korean buying streak; chipmakers top picks
Foreign investors have returned to the South Korean market, snapping up chip industry leaders such as Samsung Electronics Co. and SK Hynix Inc. for ...
Oct 19, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip
South Korean tech giant Samsung Electronics Co. said on Tuesday it has successfully proved the performance of its latest LPDDR5X DRAM on Qualcomm Te...
Oct 18, 2022 (Gmt+09:00)
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Batteries
POSCO breaks ground on nickel refining plant in Korea
POSCO Group, the world’s sixth-largest steelmaker, broke ground on Friday for a high-purity nickel refining plant in South Korea to meet risin...
Oct 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Hansol Group, KAIST to launch new tech, AI research center
South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...
Oct 13, 2022 (Gmt+09:00)
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Artificial intelligence
Experts define goal of AI tech development as cooperation with humans
Renowned artificial intelligence (AI) scholar Masashi Sugiyama said his research goal is to develop AI that can work and learn alongside people.Su...
Oct 11, 2022 (Gmt+09:00)
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Artificial intelligence
AI-powered translation startups tackle niche marketplaces
Artificial intelligence (AI)-driven translation has been dominated by big tech.Alphabet Inc.’s Google LLC is the global leader while Naver Cor...
Oct 11, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s NEXO crossover tops world’s hydrogen vehicle market
Hyundai Motor Co.'s NEXO crossover has become the world’s best-selling hydrogen fuel cell electric vehicle (FCEV) in the first eight months of...
Oct 11, 2022 (Gmt+09:00)
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Korean startups
Math app Qanda enjoys surge in popularity with 74 mn subscribers
The number of subscribers to the mathematics education app Qanda exceeded 74 million as of earlier this month. It is rare for an app developed ...
Oct 11, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders regain top post, to profit from higher ship prices
South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...
Oct 09, 2022 (Gmt+09:00)
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Korean startups
Korea's data solution provider for small biz becomes unicorn
Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...
Oct 06, 2022 (Gmt+09:00)
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Culture & Trends
Average is over; microsegment consumers, professor says
The phrase “Average is over” topped the list of 10 key phrases suggested by a renowned Korean consumer behavior professor to predict 202...
Oct 05, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix hikes use of locally produced neon gas for chip manufacture
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly raise the use of locally produced neon, a ...
Oct 05, 2022 (Gmt+09:00)
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Healthcare
Celltrion targets digital healthcare sector with app
Celltrion Inc., South Korea’s biopharmaceutical giant, made a foray into the digital healthcare sector for its future growth by launching a sm...
Oct 05, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT rebrands Olleh TV as Genie TV to transform into media portal
South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...
Oct 05, 2022 (Gmt+09:00)
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Cloud computing
Naver Cloud seeks win-win strategy with K-startups in overseas market
NEW YORK – The chief executive officer of Naver Cloud Park Won-ki said that if South Korean startups using the company’s cloud services ...
Oct 04, 2022 (Gmt+09:00)
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E-commerce
Naver to buy Poshmark at $1.6 bn to boost US e-commerce biz
Naver Corp. is set to take over US Poshmark Inc. for some $1.6 billion to make inroads into the e-commerce sector in North America as South Korea&rs...
Oct 04, 2022 (Gmt+09:00)
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Artificial intelligence
S.Korea rejects patent claims for AI-invented products
South Korea’s intellectual property office has rejected patent applications that claimed an artificial intelligence system as their inventor, ...
Oct 04, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy's KSOE expected to turn to black in Q3
Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...
Oct 03, 2022 (Gmt+09:00)
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Korean startups
Deep learning SaaS provider Z.Ai wins at D.Camp pitch competition
Deep learning-based Software as a Service (SaaS) provider Z.Ai Inc. won the September pitch competition hosted by Seoul-based startup accelerator D....
Oct 02, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s Trailer Drone concept wins top Red Dot design award
South Korea’s top automaker Hyundai Motor Co. said on Friday its Trailer Drone, a fully autonomous hydrogen mobility concept, has won the top ...
Sep 30, 2022 (Gmt+09:00)
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Markets
Short selling piles up on Kospi’s top three stocks
South Korea’s three largest companies by market cap -- Samsung Electronics Co, LG Energy Solution Co. and SK Hynix Inc. -- were heavily short ...
Sep 30, 2022 (Gmt+09:00)
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Artificial intelligence
S.Korean conglomerates increase AI R&D hubs overseas
South Korean conglomerates are increasingly looking overseas as bases of their artificial intelligence research centers to build strong networks wit...
Sep 29, 2022 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to introduce advanced supercomputer by 2024
South Korea will introduce a high-performance supercomputing system by 2024, more than 24 times faster than the current model, a government-run rese...
Sep 28, 2022 (Gmt+09:00)
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Entertainment
Squid Game makes Rolling Stone's 100 greatest TV shows list
Netflix original South Korean drama "Squid Game" has been selected as one of the 100 greatest TV shows of all time by US music and pop culture magaz...
Sep 28, 2022 (Gmt+09:00)
Latest News
- 1 Genesis targets broader European presence with EV trio
- 2 K-pop pilgrimage boosts Seoul ahead of BTS comeback
- 3 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 4 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 5 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO