cloud data center
Scope
Date
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Healthcare
KT adds partner to expand Vietnam digital healthcare biz
KT Corp., a major South Korean telecom operator, has teamed up with another local company to expand its digital healthcare business in Vietnam furth...
Nov 07, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung fast-forwards digital transformation of its chip business
South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...
Nov 07, 2022 (Gmt+09:00)
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Earnings
Kakao's Q3 profit drops 12% on games, data center construction
South Korea’s mobile platform giant Kakao Corp. announced its third-quarter earnings on Nov. 3, including quarterly operating profit of 150.3 ...
Nov 04, 2022 (Gmt+09:00)
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Perspectives
Korea should open retail electricity market for renewables
South Korea on Oct. 26 officially launched the carbon neutrality commission based on laws for green growth, which took effect last March, amid the g...
Nov 01, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix eyes DDR5 dominance with industry’s fastest chip modules
SK Hynix Inc., the world’s second-largest memory chipmaker, is aiming to secure market dominance for a next-generation DRAM chip called DDR5 b...
Oct 25, 2022 (Gmt+09:00)
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Culture & Trends
Korea must embrace diversity to sustain K-culture: Sam Richards
When Penn State University sociology professor Sam Richards introduced Korean pop culture into his lectures three years ago, he compared its power t...
Oct 25, 2022 (Gmt+09:00)
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Korean startups
DRIMAES to produce cloud-based car control platform with Qualcomm
Daegu-based startup DRIMAES is poised to develop and mass produce a cloud-based vehicle control platform using San Diego-based semiconductor giant Q...
Oct 21, 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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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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Cloud computing
NHN Cloud to raise $141 mn from stock issuance
South Korea’s cloud service provider NHN Cloud Corp. is eyeing 1.1 trillion won ($776 million) corporate value via a new stock issuance, marki...
Oct 05, 2022 (Gmt+09:00)
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Corporate governance
K-pop giant SM up against Align Partner's shareholder activism
South Korea’s Align Partners Capital Management is intensifying its shareholder activism against K-pop music label giant SM Entertainment Co.,...
Oct 04, 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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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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Real estate
IGIS Asia, Quadreal to form JV for warehouse development in Korea
IGIS Asia Investment Management Pte., the Singapore-based subsidiary of South Korea’s largest real estate manager IGIS Asset Management, and V...
Sep 28, 2022 (Gmt+09:00)
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Construction
Bosung attracts $2 bn investment from TGK for Korea's largest data center
South Korea’s Bosung Group has attracted $2 billion from TGK Inc., a US infrastructure company, for its planned construction of Korea’s ...
Sep 23, 2022 (Gmt+09:00)
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Real estate
Korean warehouse project financing on brink of debt crisis
Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...
Sep 21, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to adopt Palantir's big data platform
South Korea’s Hyundai Heavy Industries Group said on Wednesday that it has signed a contract with Palantir Technologies Inc., a US data analyt...
Sep 21, 2022 (Gmt+09:00)
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Cloud computing
LG's 5G backup system installed in AWS cloud platform
LG Uplus Corp., a South Korean internet service provider, said on Tuesday that it has installed its 5G mobile backup network system in the cloud com...
Sep 20, 2022 (Gmt+09:00)
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Korean startups
Startup minister vows to support Korean firms' entry into overseas markets
South Korea’s startup minister Lee Young vowed to support the country’s startup ecosystem on Sunday, during her tour to the United State...
Sep 19, 2022 (Gmt+09:00)
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Automobiles
Drivers try racing Hyundai’s latest models at Asia’s largest driving center
The HMG Driving Experience Center, which is set to open on Sept. 16, will offer the general public an opportunity to try out aspects of professional...
Sep 16, 2022 (Gmt+09:00)
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Artificial intelligence
LG AI center joins forces with Parsons School for creative AI development
South Korea’s LG Corp. announced it signed an academic collaboration agreement with the New York City-based Parsons School of Design on Monday...
Sep 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai opens Asia’s largest driving center in S.Korea
Hyundai Motor Group, South Korea’s top automaker, on Wednesday opened the largest driving center in Asia to showcase the performance of its ve...
Sep 07, 2022 (Gmt+09:00)
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Cloud computing
Hancom to focus on cloud computing and AI services
South Korea’s homegrown software giant Hangul and Computer Group, also known as Hancom Inc. Group, is slated to transform itself into a cloud ...
Sep 07, 2022 (Gmt+09:00)
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Cloud computing
KKR, Macquarie race for $728 mn stake in Korea’s KT Cloud
Global private equity giants Kohlberg Kravis Roberts & Co. (KKR) and Macquarie Asset Management are among the preliminary bidders for shares wor...
Sep 05, 2022 (Gmt+09:00)
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Chemical Industry
LG Chem to build carbon nanotube Plant 4 for EV batteries
LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) manufacturing plant i...
Aug 30, 2022 (Gmt+09:00)
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Korean chipmakers
Micron’s entry into DDR5 market: A boon for Samsung, SK Hynix
The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...
Aug 30, 2022 (Gmt+09:00)
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Carbon neutrality
Lotte Group to donate $10.4 mn to KAIST to build R&D, design centers
Lotte Corp. announced on Monday that it will donate 14 billion won ($10.4 million) to the prestigious Korea Advanced Institute of Science and Techno...
Aug 29, 2022 (Gmt+09:00)
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Banking & Finance
Shinhan Card ties up with FiscalNote for global data biz
Shinhan Card Co. has joined forces with US legal data and analytics company FiscalNote Holdings Inc. to expand its data business into the global mar...
Aug 25, 2022 (Gmt+09:00)
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Construction
SK Ecoplant to supply fuel cells to China’s top data center operator GDS
South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...
Aug 23, 2022 (Gmt+09:00)
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Blockchain
S.Korean firms adopt the x-to-earn model for data, community building
South Korean companies are embracing the x-to-earn (X2E) business model, by which users earn rewards by playing online games and accomplishing other...
Aug 19, 2022 (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