SK Networks completes acquisition of local EV charging platform operator
SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...
Sejong kicks off private 5G business for exclusive use for industrial safety
Sejong Telecom, Inc. a mid-sized facilities-based telecommunications business and ICT platform company in South Korea, will launch a private 5G bu...
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...
GS Retail to introduce forex kiosks in convenience stores
South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...
Is semiconductor chip rental doable?: Samsung says yes
Samsung Electronics Co., the world’s largest memory chipmaker, is looking to launch a high-end memory chip rental service as its new business ...
LG Uplus to develop metaverse service for children with Witch Company
South Korea's third-largest mobile carrier LG Uplus Corp. said on Friday that it will develop a web3 service for children to provide an immersive ex...
SAPEON X220 completes tech demo of fashion-specialized AI service
South Korea's artificial intelligence company Sapeon has completed a technology demonstration of its semiconductor SAPEON X220 on "Virtual Try-On," ...
Woori Financial wins MSCI ESG global leader rating for 2nd year
Woori Financial Group said on Thursday it has earned an AA rating for the second consecutive year in the global ESG rating announced by Morgan Stanl...
S.Korea's Medicox boosts unit for oral insulin, medical cannabis
South Korea's Medicox Co. on Wednesday said it will raise 40 billion won ($32 million) to boost its unit for oral insulin and cannabidiol (CBD).The ...
Samsung to unveil C-Lab startups, projects at CES 2023
Samsung Electronics Co. will showcase four projects and eight startups developed through its venture program C-Lab at CES 2023, the world's largest ...
Korea’s big bio startups to launch $39 mn investment fund
South Korea’s four leading biotech firms plan to launch an investment fund of up to 50 billion won ($39 million) to support smaller domestic b...
South Korea doubles gov't fintech innovation fund to $781 million
The South Korean government will double the value of its Fintech Innovation Fund, a source of financial support for the financial technology or fint...
Korea-China air flights set to rise with Beijing’s eased zero-COVID policy
Air flights between South Korea and China are set to rise significantly next year with the Chinese government issuing new guidelines easing its stri...
Commercial building transactions plummet to 2008 financial crisis level
In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...
SK Innovation to inject $1.6 bn into SK On's rights offering
South Korea's top refiner SK Innovation Co. said on Dec. 21 it will invest 2 trillion won ($1.6 billion) in its electric battery maker unit SK On Co...
LG Uplus enters Korea’s EV charging service market with VoltUp app
LG Uplus Corp., a South Korean mobile carrier, is entering the domestic electric vehicle charging service market by launching a service platform, Vo...
Stayfolio receives $7.7 mn in Series A investment
South Korea's property-rental platform Stayfolio announced on Wednesday that it has won 10 billion won ($7.7 million) worth of additional investment...
Mirae Asset introduces AI investment info service
Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...
Korean gaming giants racing for metaverse win
Have you ever wondered what the metaverse really is? So far, the consensus is that it's a virtual world that can accommodate pretty much every socia...
T'way Air launches Pikachu Jet TW
T’way Air Co. said on Tuesday that it would start running the Pokemon-wrapped airplane "Pikachu Jet TW" from the end of this month and release...
S.Korean food delivery app Baemin vows to hike logistics unit's service quality
Woowa Youths, an affiliate of Woowa Brothers, the parent company of South Korea's top food delivery app Baedal Minjok, on Monday announced its visio...
Syntekabio launches new drug development platform STB Cloud in US
Syntekabio,Inc., a South Korean artificial intelligence (AI) drug development company, said on Monday it has launched its cloud-based AI drug develo...
KT to commercialize self-driving robots with startup Neubility
KT said on Friday that it has signed a partnership agreement with Neubility, an outdoor self-driving robot developer, to expand its robot service bu...
Truston Asset looks to help run Taekwang with 5.8% stake
South Korea's Truston Asset Management has changed the purpose of its stock investment in the chemical and textile company Taekwang Industrial Co. f...
TmaxSoft, Douzone Bizon form partnership for enterprise ICT market
South Korea's two leading software firms TmaxSoft and Douzon Bizon signed a strategic business agreement on Thursday to link Douzon's enterprise res...
Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia
Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...
CJ Logistics expands global e-commerce shipping services
South Korea’s CJ Logistics Corp. is ramping up its cross-border e-commerce (CBE) businesses as its local rival Coupang Inc. is increasing domi...
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...
Korean startup Mathpresso completes $59 mn Series C investment
Mathpresso, the company that operates the artificial intelligence (AI)-based learning platform Qanda, said on Tuesday that it has completed Series C...
S.Korea's startup Bunker Kids raises $1.5 million in Series A funding
South Korea's tech start-up Bunker Kids announced on Tuesday that it raised 2 billion won ($1.5 million) through Series A investment from Korean ven...
