FNSValue, UN agency to provide passwordless authentication for fintech

FNSValue, UN agency to provide passwordless authentication for fintech

South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...

LG Uplus’ platform push gains traction with active venture funding  

LG Uplus’ platform push gains traction with active venture funding  

LG Uplus Corp., South Korea’s third-largest mobile carrier, which has joined its two bigger local rivals in a race to expand non-telecom servi...

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...

Genesis ranks top in J.D. Power’s new car advanced tech survey

Genesis ranks top in J.D. Power’s new car advanced tech survey

Hyundai Motor Co.'s premium brand Genesis secured first place in J.D. Power 2023 Tech Experience Index (TXI) study In this year’s J.D. Po...

Korea Credit Data raises $75.7 million from Morgan Stanley

Korea Credit Data raises $75.7 million from Morgan Stanley

Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mi...

POSCO Int'l marks 1st animal vaccine exports

POSCO Int'l marks 1st animal vaccine exports

POSCO International Corp., the general trading and energy exploration unit of South Korea's steel giant POSCO Holdings Inc., announced on Thursday t...

LG Group accelerates shift toward AI, bio and clean tech

LG Group accelerates shift toward AI, bio and clean tech

Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...

Korea taps Greyhound Capital, Headline Asia as venture fund managers

Korea taps Greyhound Capital, Headline Asia as venture fund managers

South Korean Ministry of SMEs and Startups announced the results of selecting global fund management companies for the year 2023 on Monday. The chos...

Samsung to apply gaming-specific tech to Nexon’s new title

Samsung to apply gaming-specific tech to Nexon’s new title

South Korea's Samsung Electronics Co. announced a partnership with domestic video game developer Nexon Co. on Monday to release the world's first ...

Daewoo E&C, KAERI to team up for nuclear tech research

Daewoo E&C, KAERI to team up for nuclear tech research

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) announced on Friday that it signed a research collaboration memorandum of u...

SK Telecom expands its Web3 ecosystem

SK Telecom expands its Web3 ecosystem

South Korea's SK Telecom Co. has joined hands with Polygon Labs, a New York-based global blockchain company, to expand its Web3 ecosystem.Both compa...

SK Biopharm to export epilepsy drug tech to Middle Eastern firm

SK Biopharm to export epilepsy drug tech to Middle Eastern firm

South Korea's SK Biopharmaceuticals announced on Friday a strategic tie-up with Hikma MENA FZE, marking the introduction of its new epilepsy medicat...

LG bets big on promising technologies for future growth

 LG bets big on promising technologies for future growth

LG Group, South Korea’s fourth-largest conglomerate, is accelerating its investment in promising tech companies across the world despite the l...

CJ Olive Young to expand men's product line

CJ Olive Young to expand men's product line

South Korea's health and beauty store chain CJ Olive Young on Thursday said its study of customer data over the past three years found that the prop...

SK Telecom develops 5G IoT tech RedCap

SK Telecom develops 5G IoT tech RedCap

South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...

SK Telecom to host global AI hackathon in Seoul with OpenAI

SK Telecom to host global AI hackathon in Seoul with OpenAI

South Korea's SK Telecom Co. will hold next month an artificial intelligence contest with OpenAI, the American information and communications techno...

Samsung's new US chip fab wins first foundry order from Groq

Samsung's new US chip fab wins first foundry order from Groq

Samsung Electronics Co. has bagged the first foundry order for its new factory that will be up and running later next year in Taylor, Texas, from Am...

English tutoring startup Ringle accelerates service diversification

English tutoring startup Ringle accelerates service diversification

SILICON VALLEY – Ringle English Education Service, a South Korean startup operating a one-on-one English tutoring platform, is actively seekin...

S.Korean LLM war intensifies to fend off ChatGPT

S.Korean LLM war intensifies to fend off ChatGPT

South Korean technology companies, both big and small, are rushing to advance Korean large language models (LLM) to fend off the pioneering chatbot ...

S.Korea's Twelve Labs ranks among world's top 50 generative AI startups

S.Korea's Twelve Labs ranks among world's top 50 generative AI startups

South Korea’s Twelve Labs was included as the only Korean company in CB Insights’ first annual GenAI 50 ranking, a list of the world&rsq...

LG Electronics’ projectors sweep world’s No. 3 golf market

LG Electronics’ projectors sweep world’s No. 3 golf market

Screen golf centers have become another gold mine for LG Electronics Inc. thanks to Koreans’ unwavering golf enthusiasm, which has made the wo...

Hyundai Steel develops industrial neutron analyzer jointly with startup

Hyundai Steel develops industrial neutron analyzer jointly with startup

Hyundai Steel Co., South Korea's second-largest steelmaker, announced on Thursday that it has successfully collaborated with the in-house startup 3I...

Samsung to unveil vision for chips resembling human senses at Tech Day

Samsung to unveil vision for chips resembling human senses at Tech Day

Chipmakers around the world have long aspired to develop semiconductors that can replicate human senses such as smell, hearing, vision, taste and to...

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

Dongwha Pharm to buy Vietnamese pharmacy chain at $30 mn

Dongwha Pharm to buy Vietnamese pharmacy chain at $30 mn

South Korea's Dongwha Pharm announced on Thursday that it signed an agreement to acquire a 51% stake in Trung Son Pharma, a leading pharmacy chain i...

S.Korean cosmetics overtake French as top imports in Japan

S.Korean cosmetics overtake French as top imports in Japan

South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...

Naver posts record Q2 operating profit on e-commerce, content

Naver posts record Q2 operating profit on e-commerce, content

South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...

LG Electronics to form $100-million global startup fund

LG Electronics to form $100-million global startup fund

LG Electronics Inc. has committed over $100 million to a startup fund to unearth new technologies in sustainable energy, digital health, artificial ...

SK C&C begins to construct S.Korea's first ATS

SK C&C begins to construct S.Korea's first ATS

SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...

Samsung Electronics opens future tech office in DX Division

Samsung Electronics opens future tech office in DX Division

Samsung Electronics Co. has conducted an internal reshuffle by opening a future technologies office to discover “non-existent” technolog...

LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single 'Jump' tops Spotify daily chart K-content goes cultural: KPop Demon Hunters sparks heritage K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant