KOTRA to lead trade digitalization with AI, big data

South Korea’s state-funded Korea Trade-Investment Promotion Agency (KOTRA) is undergoing a full-scale digital transformation to expedite inter...

LG launches AI research think tank for digital transformation

LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...

Korean digital wallet operator raises $173 mn from foreign VC firms

Viva Republica Inc., the operator of South Korea's popular digital wallet Toss, has raised its largest single fundraising worth $173 million from...

How Korean platform giants disrupted the digital comics market with webtoons

South Korean webtoons (mobile and digital comics) are taking over the digital comics markets in Japan and the US. Market watchers claim it is&nbs...

Korean biotech fund reaps triple-digit return on two Nasdaq-listed firms

South Korea’s $25 million biotechnology-themed fund, launched by Meritz Securities Co. Ltd., has earned triple-digit returns on its 2.7 billion ...

Korean fund set to log double-digit return from sale of German tower

South Korean institutional investors, including the Teachers’ Pension and insurance companies, are set to reap a profit of more than €106 million ($12...

SPIKE. NO EDIT HERE. Hyundai Motor Group to adopt digital twin technology

Hyundai Motor Group plans to adopt digital twin, a technology that allows the automaker to make a digital replica of a real car for simulation not...