Niche real asset creates new opportunities, Korean investors say
The scope of real assets is expanding with new businesses such as infrastructure operating services and supply chain management, creating niche oppo...
HL Mando, Kakao Mobility to develop autonomous parking robots
HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea's HL Group, announced on Thursday that it signed a busine...
SK On, Siemens DISW to build smart factory system
South Korean rechargeable battery maker SK On Co. signed a memorandum of understanding (MOU) with Siemens Digital Industries Software (Siemens DISW)...
LG Elec, Microsoft, GE to collaborate for smart hospital
LG Electronics Inc. announced on Thursday that it signed a memorandum of understanding (MOU) with GE Healthcare Korea and Microsoft (MS) Korea to co...
Middle East, land of dreams for South Korean IT firms
South Korea’s information technology and game companies are rushing to the Middle East to seek global growth drivers as the oil-rich countries...
Money pours in for technology to reshape Korean restaurants
Investors are betting big on food service technology startups in South Korea as the adoption of self-service systems in the country’s food and...
LG CNS, Sinar Mas to form JV in Indonesia
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it signed an investment...
LG CNS to lead digital transformation at FPT in Vietnam
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, will lead the digital transformation of FPT Group, a...
Shinhan Bank, Indodana co-work on digital finance
Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekn...
HD Hyundai speeds up digital transformation with Naver
HD Hyundai Co. announced on Monday that it signed a business agreement with Naver Corp. for digital transformation (DX), cloud transformation, and a...
LG Energy, Qualcomm to develop battery management system
South Korea’s LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, announced on Sunday that it will dev...
SK Hynix explores HBM chip collaboration with Kioxia
SK Hynix Inc. is exploring collaboration with Japanese chipmaker Kioxia Holdings Corp. to produce high bandwidth memory (HBM) chips, which have been...
Wanted Lab, Digital Hearts to support S.Korean, Japanese startups
South Korea’s human resources (HR) management tech company Wanted Lab Inc. announced on Thursday that it has signed a memorandum of understand...
SoftBank-backed Coupang posts 1st-ever annual profit in 2023
South Korea’s leading e-commerce platform Coupang Inc. on Wednesday posted its first-ever operating profit of $473 million in 2023, driven by ...
Mid-caps in digitization have strong upside potential: Partners Group
Global fund manager Partners Group Holding AG, one of the largest listed private equity firms in Europe headquartered in Switzerland managing $147 b...
Samsung SDS gets CEIV Pharma certification
South Korea's Samsung SDS Co. said on Wednesday that it has achieved the Center of Excellence for Independent Validators in Pharmaceutical Logistics...
Studio Meta-K, Vietnam’s Synapse Studio to co-work for virtual human
South Korea’s content production startup Studio Meta-K announced on Wednesday that it signed a memorandum of understanding (MOU) with Vietna...
Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds
South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...
KB Financial posts record-high profit on loan growth
KB Financial Group and Kakao Bank, top players in South Korea’s offline and mobile banking sector, respectively, achieved their highest-ever p...
One Store attracts $50 mn investment from Digital Turbine
South Korean homegrown app store One Store Co. has attracted a $50 million investment from the Nasdaq-listed US-based mobile platform company Digi...
Digital assets emerge as Korean LPs' No. 1 infrastructure target
Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...
Kakao inspects SM Entertainment’s management
Kakao Corp. has embarked on a special inspection of SM Entertainment Co.'s financial reporting for the first time since the South Korean internet gi...
Kia posts record 2023 sales, profit with bold 2024 business targets
Kia Corp., South Korea’s second-largest automaker, on Thursday posted record 2023 profit and sales revenue, driven by strong sales of pricey m...
LG CNS launches AI center for synergy of business, research
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., said on Sunday it has launched an artificial intelligence center to stre...
Hyundai, Samsung-backed startups vie for spotlight at CES
LAS VEGAS – At CES, big tech names often take center stage but this is also a dream place for underdogs to become rising stars with unconventi...
Korea’s Hancom buys document software firm Clipsoft
Hancom Inc., a homegrown office suite developer in South Korea, said on Friday that it has acquired local business-to-business (B2B) digital documen...
Digital healthcare, robot, AI chip startups among VCs’ 2024 top picks
Startups that specialize in digital healthcare, robots and artificial intelligence chips are among South Korea-based venture capital firms’ to...
Korea’s NPS sees record assets, profit on double-digit return
South Korea’s National Pension Service (NPS) enjoyed record assets and profit in 2023 as the world’s third-largest pension fund reported...
Daewoo E&C opens theme park Ice Jungle in Phu Quoc
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened the digital theme park Ice Jungle in its ongoing luxury residential ...
Hyundai Mobis, Wind River to build digital space for SDV
South Korea’s Hyundai Mobis announced on Monday that it will build a digital twin system named M.Dev Studio with the US-based software compa...
