kaist high-speed autonomous driving
Scope
Date
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Banking & Finance
Woori Bank Vietnam opens PB branch in Hanoi
South Korea's Woori Bank revealed on Tuesday that the Vietnamese corporation Woori Bank Vietnam opened its 22nd branch in Starlake, Hanoi. Star...
Nov 21, 2023 (Gmt+09:00)
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Artificial intelligence
AI to replace high-paid, highly educated doctors, CPAs: BOK
Artificial intelligence poses the biggest threat to high-paid, highly educated professionals such as medical doctors, accountants and engineering te...
Nov 16, 2023 (Gmt+09:00)
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Hydrogen economy
World’s first test driving hydrogen train succeeds in Ulsan
The world's first test driving hydrogen-electric tram succeeded in Ulsan, South Korea. According to Ulsan Metropolitan Government officials, th...
Nov 16, 2023 (Gmt+09:00)
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Korean food
Samyang draws record-high sales on Singles' Day in China
South Korea's Samyang Foods Co. announced on Thursday its sales during China's largest shopping festival, Singles' Day (Nov. 11), reached a new re...
Nov 16, 2023 (Gmt+09:00)
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Asset management
Fed rate likely to be 2-4% over next decade: Oaktree's Howard Marks
Investors are experiencing the third “sea change,” facing the Federal Reserve’s rate hikes and its impact on economies and busines...
Nov 15, 2023 (Gmt+09:00)
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Robotics
LG, POSCO team up for unmanned robot’s facility management
LG Electronics Inc. announced on Wednesday it conducted a demonstration project for unmanned facility management using an artificial intelligence (A...
Nov 15, 2023 (Gmt+09:00)
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Future mobility
Samsung hires Waymo’s autonomous driving design head
YoonJung Ahn, a design head at Waymo, Alphabet’s autonomous driving technology unit, is joining Samsung Electronics Co. as executive vice pres...
Nov 15, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK pin hopes on HBM sales with Nvidia's new AI chip
South Korean memory chipmakers like Samsung Electronics Co. and SK Hynix Inc. have high hopes for fast growth in their high-bandwidth memory (HBM) s...
Nov 14, 2023 (Gmt+09:00)
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Korean SMEs
Chemtronics readies to produce key solvent for photoresists
SEONGNAM, South Korea -- Chemtronics Co. Ltd., a South Korean chemical materials maker, appears to have removed a key hurdle to expanding the domest...
Nov 07, 2023 (Gmt+09:00)
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Foreign exchange
Yen hits 15-year low vs Korean won on less hawkish BOJ
The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank’s recent change...
Nov 03, 2023 (Gmt+09:00)
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Earnings
SK Innovation targets profit from EV battery unit in Q4
SK Innovation Co., South Korea’s top energy company, said its electric vehicle (EV) battery subsidiary aims to turn to the black in the fourth...
Nov 03, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia's US electric vehicle sales at record-high in October
South Korea's Hyundai Motor Group set a historic sales record in the US electric vehicle market, posting its best-ever performance in October. The a...
Nov 02, 2023 (Gmt+09:00)
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Korean games
Nexon’s 'The Finals' draws record-high concurrent users
South Korea’s game publishing giant Nexon Co. is set to release another blockbuster game after its new first-person shooting game “The F...
Oct 30, 2023 (Gmt+09:00)
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Earnings
LG Elec’s automotive business logs record quarterly profit
LG Electronics Inc., the leading global home appliance maker, said its automotive division enjoyed all-time high quarterly profit in the most recent...
Oct 27, 2023 (Gmt+09:00)
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ASK 2023
Stability prioritized over risk-taking assets: Korean investors
South Korean institutional investors increased private lending as interest rates stay higher for longer, while tapping into the secondary market for...
Oct 25, 2023 (Gmt+09:00)
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ASK 2023
NPS to expand listed REIT, private debt investments
South Korea’s National Pension Service (NPS) will increase investing in real estate debt and listed real estate investment trusts (REITs) next...
Oct 25, 2023 (Gmt+09:00)
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ASK 2023
KIC eyes private debt, infrastructure in era of high interest rates
Sovereign wealth fund Korea Investment Corp. (KIC) is eyeing infrastructure and private debt in the era of higher-for-longer interest rates, while m...
Oct 25, 2023 (Gmt+09:00)
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Future mobility
KG Mobility to develop Level 3 autonomous driving system
South Korea's KG Mobility Corp. announced on Tuesday it partnered with domestic autonomous self-driving software firm Autonomous a2z. The two c...
Oct 24, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS starts corporate knowledge management service
South Korean information and communications technology service provider LG CNS has launched a service for finding useful knowledge and data within a...
Oct 24, 2023 (Gmt+09:00)
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Batteries
Tesla supplier L&F to ink $15 bn materials deal in Europe
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through an estimated $15 bi...
Oct 23, 2023 (Gmt+09:00)
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Chemical Industry
Toray Advanced Materials to spur carbon fiber production in Korea
Toray Advanced Materials Korea Inc. (TAK) broke ground on its new facility for carbon fiber production in Gumi, North Gyeongsang Province on Monday,...
Oct 23, 2023 (Gmt+09:00)
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Future mobility
SK Telecom, Mars Auto to advance self-driving large trucks
South Korea's SK Telecom Co. signed a memorandum of understanding (MOU) on Monday with the autonomous driving startup Mars Auto for cooperation in t...
Oct 23, 2023 (Gmt+09:00)
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Hydrogen economy
Hanwha Aerospace, KATECH to collaborate on hydrogen fuel cell
South Korea's Hanwha Aerospace Co. announced on Monday it signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute ...
Oct 23, 2023 (Gmt+09:00)
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Robotics
Hankook & Company to expand to robotics with Neubility
South Korea’s Hankook & Company Group, formerly Hankook Tire Group, is expanding to robotics to raise its future competitiveness.The gro...
Oct 23, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung showcases HBM3E DRAM, automotive chips
SILICON VALLEY -- Samsung Electronics Co. on Friday showcased a number of new-concept, next-generation DRAM chips, including the industry’s mo...
Oct 21, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix showcases cutting-edge CXL, AiM memory at OCP Summit
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Friday it showcased its next-generation memo...
Oct 20, 2023 (Gmt+09:00)
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Machinery
Daedong unveils self-running combine harvester
South Korea's leading agricultural machinery maker Daedong Corp. has released the nation’s first combine harvester, a machine that cuts and th...
Oct 20, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung eyes next-generation 5 nm eMRAM auto chip by 2027
Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it aims to develop a next-generation 5-nanometer-processed aut...
Oct 19, 2023 (Gmt+09:00)
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Venture capital
S.Korean VCs go global for breakthrough
South Korean venture capitalists are actively discovering attractive investment assets overseas to find a breakthrough amid a prolonged local VC dro...
Oct 19, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung vows to up memory chip density to 'extreme levels'
Samsung Electronics Co.'s memory chip head said on Tuesday the world’s top memory chipmaker will increase the memory density of its DRAM and N...
Oct 17, 2023 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess