data-based insights
Scope
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Leadership & Management
Kyobo Life chief says data can overcome uncertain future
Shin Chang-jae, chairman and CEO of South Korea's Kyobo Life Insurance, has urged the overcoming of the economic crisis based on leadership of VUCA,...
Jan 09, 2023 (Gmt+09:00)
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Food & Beverage
Lotteria launches renewed soybean-based meat burger
Lotteria, South Korea's fast food franchise run by Lotte GRS, launched "Ria Miracle Burger II" with 100% plant-based patties using soy protein.It is...
Jan 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Point2 Technology to supply network cable solutions to Amazon
Point2 Technology, which specializes in high-speed communications solutions, said on Wednesday that it has signed a network cable solution supply co...
Jan 06, 2023 (Gmt+09:00)
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Korean Investors
Mirae Asset buys logistics center in India for $17 mn
Mirae Asset Global Managements Co. said on Friday that it has invested 21 billion won ($17 million) in a large logistics center in Mumbai to become ...
Jan 06, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
HD Hyundai to boost offshore wind power, future ships, CEO says
LAS VEGAS – HD Hyundai Co., the largest shipbuilding conglomerate in South Korea, is set to diversify its future growth engines, focusing on s...
Jan 05, 2023 (Gmt+09:00)
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Cryptocurrencies
WeMade signs partnership with Chinese digital asset exchange
WeMade said on Wednesday that it would sign a non-fungible token (NFT) partnership with Zhongchuanyuezhong Cultural Development Co. which operates a...
Jan 05, 2023 (Gmt+09:00)
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Economy
S.Korean companies expect exports to decline in 1% range this year
South Korea's companies expect both sales and exports this year to decline in the 1% range from last year, predicting economic growth in the low 1% ...
Jan 04, 2023 (Gmt+09:00)
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Blockchain
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...
Jan 02, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha Techwin showcases smart parking solution
Hanwha Techwin, a South Korean company specializing in video surveillance solutions, said on Thursday that it held a showcase event at its 63 Conven...
Dec 29, 2022 (Gmt+09:00)
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ESG
POSCO Gwangyang Works obtains green data center certificiation
POSCO Gwangyang Works, one of the two pillar steel mills of POSCO Holdings Inc. together with Pohang Works, obtained a Green Data Center Bronze Grad...
Dec 29, 2022 (Gmt+09:00)
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Cloud computing
KFTC acts on Amazon's large share of S.Korea's cloud market
Amazon controls around 70% of South Korea's cloud market, followed by Microsoft in second and Google and Naver Corp. fighting for third place.The Ko...
Dec 29, 2022 (Gmt+09:00)
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Chemical Industry
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...
Dec 28, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT launches cloud-based communication platform
South Korea's telecom giant KT Corp. on Tuesday said it launched a communication platform service (CPasS) that integrates and manages communication ...
Dec 28, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT builds hyper-connected R&D network KOREN data site
KT Corp. said on Monday that it will start operation on Jan. 5 after completing the construction of KOREN data lake portal site, which provides vari...
Dec 27, 2022 (Gmt+09:00)
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Electronics
LG to develop smart home devices responsive to users’ sleep data
An air conditioner or a TV set equipped with a timer that automatically turns power on and off based on the user's preference has been around for ye...
Dec 26, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Elec to develop Vietnam as global strategic base
Samsung Electronics Co., the world’s top memory chip and smartphone maker, aims to nurture Vietnam as a global strategic base as it opens a ne...
Dec 23, 2022 (Gmt+09:00)
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Logistics
SK Energy, Naver agree to develop gas stations into logistics hubs
SK Energy and Naver Corp. are joining hands to transform gas stations into urban logistics hubs where advanced technologies will be employed.SK Ener...
Dec 23, 2022 (Gmt+09:00)
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Bio & Pharma
Dong-A ST incorporates NeuroBo as subsidiary
Dong-A ST said on Friday that it would acquire American drug company NeuroBo Pharmaceuticals as a subsidiary.NeuroBo, located in Boston, is a Nasdaq...
Dec 23, 2022 (Gmt+09:00)
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Aerospace & Defense
KAI to develop Korea's first mine-sweeper helicopter
Korea Aerospace Industries Ltd. (KAI) is poised to start R&D on a minesweeper helicopter that specializes in removing underwater mines.The compa...
Dec 23, 2022 (Gmt+09:00)
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Retail
S.Korea's CJ Logistics launches AI-based freight transportation platform
South Korea's CJ Logistics on Thursday said it launched The Unban, a freight transportation platform that directly connects senders and freight truc...
Dec 22, 2022 (Gmt+09:00)
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Logistics
KTNET shows off logistics platform for tracking cargo, documents
The Korea Trade Network (KTNET) held a grand opening event for its uTH 2.0, a digital trade logistics platform, in partnership with the Korea Intern...
Dec 22, 2022 (Gmt+09:00)
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Hydrogen economy
Hanwha E&C, Panasia sign joint hydrogen production agreement
The construction division of Hanwha Corp. said on Wednesday that it has signed an agreement to produce hydrogen based on biogas with Panasia, an eco...
Dec 22, 2022 (Gmt+09:00)
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Future mobility
Hyundai Mobis, Ottopia tie up for remote mobility tech
Hyundai Mobis Co., the world’s sixth-largest automotive part supplier, and Israeli teleoperation startup Ottopia Technologies Ltd. have joined...
Dec 21, 2022 (Gmt+09:00)
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Energy
SK E&S builds world's largest production base for blue hydrogen
South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...
Dec 21, 2022 (Gmt+09:00)
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Automobiles
S.Korea must use Indonesia, Thailand as EV output-export bases: report
The Korea Automotive Technology Institute says the domestic auto industry should more proactively use Asean-region members like Indonesia and Thaila...
Dec 19, 2022 (Gmt+09:00)
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Construction
S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company
South Korea's cloud management company Bespin Global on Wednesday said its subsidiary Bespin Global Vietnam formed a strategic partnership with Daew...
Dec 15, 2022 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's Shinsegae, KT tie up to develop digital ecosystem
South Korea’s retail giant Shinsegae Group and leading telecommunication carrier KT Corp. have joined hands to develop the digital ecosystem i...
Dec 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
CJ OliveNetworks develops factory big data solution
South Korea's IT service management firm CJ OliveNetworks Co. Ltd. said on Wednesday that it has developed a real-time database (RTDB), a data manag...
Dec 14, 2022 (Gmt+09:00)
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Artificial intelligence
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...
Dec 14, 2022 (Gmt+09:00)
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Entertainment
CJ ENM to provide K-content on free platforms Tubi, Roku
South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessibility for global fan...
Dec 13, 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