S-1 calls AI video solutions core of this year's AI security market
Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions such as intelligent cl...
Lotte E&C, Meritz Securities conclude $1.2 billion investment deal
Lotte Engineering & Construction (E&C) has secured financing of 1.5 trillion won ($1.2 billion).The company on Monday announced its conclusi...
Korea’s Daol to sell another unit to secure liquidity
South Korea’s Daol Financial Group agreed to sell another unit as part of its efforts to raise money in preparations for a possible liquidity ...
Kolon signs MOU with Hanyang Univ. to develop gene therapy treatments
Kolon Industries Inc.'s Future Technology Institute said on Thursday that it had signed a memorandum of understanding with the Hanyang University In...
LG Uplus announces official start of original content production
LG Uplus Corp. announced on Thursday that it would officially kickstart producing original content, following its pilot program about desserts relea...
KT receives record-high corporate bond bids of $2.3 billion
KT Corp., which boasts the nation's highest credit rating at the stable “AAA,” reached a whopping 2.89 trillion won ($2.27 billion) in c...
Hyundai is not a carmaker but a tech firm: Chairman Chung
Hyundai Motor Group Chairman Chung Euisun has vowed to turn the South Korean automotive giant into a state-of-the-art tech company to lead the pack ...
AhnLab CEO Kang: Betting on next-gen technology from detection to cloud
Kang Suk-Kyoon, CEO of AhnLab, Inc. proposed a strategy to develop next-generation models and technologies, such as solutions to detect and respond ...
KT, E-mart warm up S.Korea's corporate bond market
South Korea's KT Corp. and E-mart Inc. are the frontrunners in the new year's corporate bond demand forecasts, attracting attention on if they can b...
S.Korean cloud startups get funding despite recession fears
The contraction of South Korea's investment market has not stopped startups specializing in software as a service (SaaS) to attract funds given that...
Digital wallet Klip sees its subscriber number surpass 2 million
Ground X, Kakao Corp.'s blockchain technology subsidiary, said on Monday that the number of cumulative subscribers to its digital asset wallet "Klip...
Document tool company Business Canvas secures Series A2 round
Business Canvas, a South Korean SaaS (software as a service) startup that services the global document tool "Typed," announced on Tuesday that it ha...
Korea's Traders Wholesale Club launches paid membership program
S.Korea's big-box store Traders Wholesale Club officially launched its paid membership program called Traders Club on Sunday.The store has secured...
Samyang develops polycarbonates made of 90% recycled plastic
Samyang Corp., a food and chemical affiliate of Samyang Group, on Wednesday said it had developed South Korea's first eco-friendly polycarbonates co...
NPS will intensify shareholder engagement, new CIO says
Seo Won-joo, the new chief investment officer of the National Pension Service (NPS) of South Korea, said on Dec. 27 that the pension fund will stren...
SK may sell assets in Vietnam, Malaysia to raise billions of dollars
South Korean conglomerate SK Group is considering selling some of its assets in Vietnam and Malaysia owned by its investment vehicle SK South East A...
Rep. Yang Hyang-ja criticizes 8% tax cut for chipmakers as step backward
South Korean politician Yang Hyang-ja, a Samsung Electronics Co. executive-turned-lawmaker, criticized her fellow lawmakers' decision to raise the p...
US non-agency mortgage-backed securities to shine in 2023: TCW
Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...
LG Uplus secures compliance management system certification
LG Uplus Corp. announced on Sunday it has obtained ISO 37301 certification for its compliance management system, marking a first among the three Sou...
Samsung Heavy obtains blockchain security certificate
South Korea's Samsung Heavy Industries Co. announced the successful development of a cyber-security solution for autonomous ships using blockchain t...
S.Korea's e-commerce platform Plugo secures $9 million in investment
South Korea's Plugo, a comprehensive e-commerce platform based in Singapore, has attracted $9 million in Series A investment, the Silicon Valley, Ca...
S.Korean corporate debt ratio hits six-year high in Q3
South Korean corporate debt ratio rose to a six-year high in the third quarter as sales growth and profitability fell, darkening the outlook for Asi...
Hana Bank signs agreement for 24-hour forex trading
Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...
Vuno's fundus-reading AI obtains medical device certification in Thailand
South Korea's medical device startup company Vuno announced on Thursday that its fundus reading artificial intelligence (AI) solution Vuno Med-Fundu...
ESTsoft completes construction of studio dedicated to AI virtual humans
South Korea's application software developer ESTsoft Corp. said on Tuesday that it has built a dedicated studio in its headquarters in Seoul's Gangn...
Neurophet acquires Singaporean certification for Alzheimer's diagnosis
South Korea's medical imaging device maker Neurophet said on Tuesday that its SCALE PET has obtained a medical device certification from the Health ...
LG Energy-GM JV secures $2.5 bn loan from US for EV battery production
South Korean battery maker LG Energy Solution Ltd. said on Wednesday its joint venture with General Motors Co. has attracted $2.5 billion via a loan...
EV charging service firm Scalardata attracts 3 bn won from GS Energy
Scalardata, a South Korean start-up running an electric vehicle (EV) charging infrastructure integration platform "evmodu.kr," announced on Monday t...
S.Korea's Bespin Global secures $107 mn from Middle East
South Korea's cloud management company Bespin Global said on Monday that it has secured 140 billion won ($107 million) in investment from e& Ent...
S.Korea's Shinsegae Int'l secures domestic sales rights of Laura Mercier
South Korea's major retailer Shinsegae International said on Monday that it would acquire the exclusive domestic sales rights of Laura Mercier, a Fr...
