KT beefs up services for foreigners as travel bans ease

KT beefs up services for foreigners as travel bans ease

South Korea’s leading telecom operator KT Corp. will offer a broader range of services for foreign subscribers ahead of an expected surge in f...

SK Telecom expands system for self-driving in Seoul

SK Telecom expands system for self-driving in Seoul

SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-driving in Seoul, takin...

DeepBrain AI to bring back deceased loved ones – virtually 

DeepBrain AI to bring back deceased loved ones – virtually 

Perhaps we will soon not be remembering our loved ones only through photos.Imagine a virtual rendition of the deceased speaking at his or her memori...

SK Telecom blocks voice phishing via AI, police database

SK Telecom blocks voice phishing via AI, police database

SK Telecom Co., a South Korean major mobile carrier, is strengthening its spam call filtering system to prevent voice phishing. The system blocked 3...

Korea’s adult audio platform eyes Japan for global biz

Korea’s adult audio platform eyes Japan for global biz

South Korea’s adult audio content platform for women raised money to make inroads into Japan as a start of its global business.Sensual Moment ...

KT, Hanmi-invested therapeutics maker Digital Pharm launched

KT, Hanmi-invested therapeutics maker Digital Pharm launched

Digital Pharm, jointly invested in by KT Corp. and Hanmi Pharmaceutical Co., held an official inauguration ceremony last week, the company announced...

Tech experts to discuss future mega-trends at KIF 2022

Tech experts to discuss future mega-trends at KIF 2022

The Korea Investment Festival (KIF), the largest annual investor relations (IR) event in South Korea, will be held June 29-30 at the Fairmont Ambass...

South Korean tech juggernauts turn their characters into NFTs 

South Korean tech juggernauts turn their characters into NFTs 

South Korea’s tech behemoths are turning the companies’ characters into non-fungible tokens (NFTs) with the aim of creating an intellect...

KT to spend near $10 bn on digital platform by 2026

KT to spend near $10 bn on digital platform by 2026

KT Corp., a South Korean telecom giant, plans to invest nearly $10 billion in its digital platform sector by 2026 as it aims to focus on the industr...

LG CNS launches virtual factory and lab business

LG CNS launches virtual factory and lab business

LG CNS announced Thursday it will launch a new business of developing virtual factories and labs as part of its broader digital transformation offer...

Lemon Healthcare aims for IPO and triple jump in revenue

Lemon Healthcare aims for IPO and triple jump in revenue

Imagine making a doctor’s appointment with a click of a button on a smartphone app. Once at the clinic or hospital, the app will guide the use...

Infrastructure shines amid rising inflation, Korean LPs say

Infrastructure shines amid rising inflation, Korean LPs say

Major institutional investors in South Korea have a largely positive outlook on infrastructure amid the macroeconomic risks, such as inflation and...

Childcare app Piloto aims to instill healthy device use

Childcare app Piloto aims to instill healthy device use

Childcare app operator Piloto won first place at the May startup demo event hosted by D.Camp.  The startup accelerator’s parent company,...

Hankook Tire builds Asia’s largest proving ground for future car tires

Hankook Tire builds Asia’s largest proving ground for future car tires

Hankook Tire & Technology Co., South Korea’s top tire maker, said on Wednesday it has opened Asia’s largest proving ground to test t...

KT's transformation beyond telco to digital platform

KT's transformation beyond telco to digital platform

South Korea’s telecom operator KT Corp. surprised the market early this month with a 41.1% on-year surge in first-quarter operating profit, wh...

SK invests in US digital healthcare firm Cala Health

SK invests in US digital healthcare firm Cala Health

South Korea's SK Biopharmaceuticals Co. has dipped its toes into the rapidly growing digital healthcare market by investing in Cala Health, a US-bas...

SwatchOn connects fabric wholesalers to overseas fashion designers

SwatchOn connects fabric wholesalers to overseas fashion designers

“We had the overseas market in mind from the get-go,” global fabric sale platform SwatchOn’s CEO Lee Woo-seok told The Korea Econo...

LG CNS sees record-high revenue, operating profit in Q1 

LG CNS sees record-high revenue, operating profit in Q1 

In the first three months of this year, LG CNS had the best performing first quarter in its history. The LG Corp. subsidiary set records for both re...

LG Energy begins joint research on smart factory tech with elite institute

LG Energy begins joint research on smart factory tech with elite institute

LG Energy Solution Ltd. and Pohang-based Research Institute of Industrial Science and Technology (RIST) announced Wednesday they will embark on join...

Korean app market One Store to venture into SE Asia

Korean app market One Store to venture into SE Asia

One Store Co., South Korea's homegrown app store, will venture into Taiwan and Southeast Asia within the year, aiming to crack Google and Apple's du...

SK Telecom to launch metaverse platform in Europe

SK Telecom to launch metaverse platform in Europe

South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...

Kakao CEO vows messenger app reform as Q1 misses forecasts

 Kakao CEO vows messenger app reform as Q1 misses forecasts

South Korea’s leading online platform operator Kakao Corp. plans to drastically change the way KakaoTalk, the country’s top mobile messe...

LG CNS eyes 2023 IPO to pave way for Macquarie's exit

LG CNS eyes 2023 IPO to pave way for Macquarie's exit

South Korea's LG CNS Co., 35% owned by Macquarie Group, sent requests for proposals to brokerage companies on Monday as it is looking to go public n...

Shinhan to boost Vietnam digital services with Tiki

Shinhan to boost Vietnam digital services with Tiki

South Korea's Shinhan Financial Group has picked Vietnam’s e-commerce startup Tiki as its first strategic partner in the Southeast Asian count...

Black Desert by Pearl Abyss tops China app market

Black Desert by Pearl Abyss tops China app market

South Korean game developer and publisher Pearl Abyss announced Tuesday the mobile version of its cross-platform MMORPG Black Desert has claimed f...

SK Ecoplant to build largest commercial data center in Korea

SK Ecoplant to build largest commercial data center in Korea

South Korea’s SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is slated to develop the largest commercial data cen...

CJ integrates AI infrastructure and data to launch CJ AI center

CJ integrates AI infrastructure and data to launch CJ AI center

CJ Corp. launched an artificial intelligence center Wednesday, which it hopes will lead the conglomerate's digital innovation. The new CJ AI Cente...

Fortune-telling app receives $4 mn in Altos Ventures-led Series A funding

Fortune-telling app receives $4 mn in Altos Ventures-led Series A funding

Chunmyung and Company, the operator of its namesake fortune-telling app, announced on Tuesday it has secured Series A funding worth five billion w...

One Store refiles IPO application, changing peer group list

One Store refiles IPO application, changing peer group list

One Store Co., investment firm SK Square Co.'s homegrown app store, is gearing up for an initial public offering to be held in May. The local app st...

KT taps Vietnam for digital healthcare and AI-powered diagnosis

KT taps Vietnam for digital healthcare and AI-powered diagnosis

KT Corp., a major telecommunications company in South Korea, is set to enter the Vietnamese healthcare market with a pilot telemedicine service an...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders SK Innovation to restore Vietnam’s mangrove forests in ESG initiative LG Electronics' Q2 profit halves as US tariffs bite