Hyundai-owned Boston Dynamics, Toyota team up for humanoid robots

South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and No. 1 automakers, respectively, are teaming ...

South Korea’s next AI unicorns stand out at KPAS 2024

South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...

Korean pension funds to up private equity exposure in 2025

South Korea's major pension and savings funds see no drastic reshuffle to their portfolios tilted to private debts next year. But they are looking t...

LG Uplus to support AI startup creation

South Korea's LG Uplus Corp. said on Wednesday that it launched the startup support program Shift, which aims to discover and nurture startups, incl...

Activist fund Palliser demands SK Square draw up value-boosting measures

UK-based activist fund Palliser Capital Ltd. is calling on SK Square Co., the investment arm of South Korea’s second-largest conglomerate SK G...

Activist Palliser Pushes for Change at AI Chip Investor SK Square

Activist investor Palliser Capital has built a stake in the holding company of highflying artificial-intelligence chip maker SK Hynix Inc. and is pu...

KIC bets on AI-driven value creation: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...

Rebellions partners with Arm on AI computing chiplet Techs

Rebellions, South Korea's artificial intelligence (AI) chip design startup, said on Tuesday that it partnered with the UK-based semiconductor design...

K Bank aims to turn into AI-based investment platform: CEO

K Bank, the digital banking unit of South Korean telecom giant KT Corp., aims to turn into an AI-based investment platform after going public later ...

Samsung to unveil its first wearable robot Bot Fit by end-October

Samsung Electronics Co. will unveil its first wearable robot, Bot Fit, later this month as the South Korean tech giant delves into the global health...

Corporate management disputes spring up in S.Korea

An unprecedentedly high number of South Korean corporations have become targets of unwanted hostile takeover attempts or have been embroiled in mana...

Liner raises $20 mn in Series B funding

South Korean AI search startup Liner said on Friday it raised 270 billion won ($200 million) in a Series B funding round led by Atinum Investment an...

Microsoft, KT to invest $1.8 bn in Korea’s AI, infrastructure

Microsoft Corp. and KT Corp. plan to invest 2.4 trillion won ($1.8 billion) in South Korea’s artificial intelligence, cloud and infrastructure...

Samsung Apologizes for Falling Behind in AI Chips Race

SEOUL—For a major maker of semiconductors such as Samsung Electronics Co. , the artificial-intelligence boom should be a time of great promise...

Hyundai Motor Group expands R&D partnership with Singapore

Hyundai Motor Group, the world’s third-largest automaker, has expanded its research partnership with Singapore into energy, artificial intelli...

Hyundai Motor Group, D.Camp to host startup demo day

Hyundai Motor Group's open innovation platform ZER01NE said on Tuesday it partnered with startup accelerator D.Camp in collaboration with 19 finan...

Samsung chip head vows drastic revamp after flagging weak Q3 earnings

Jun Young-hyun, vice chairman and head of Samsung Electronics Co.'s semiconductor business, on Tuesday vowed to take drastic steps to improve profit...

Mirae Asset Securities builds AI-based stock analysis system

South Korea's Mirae Asset Securities Co. said on Monday that it has established an AI Market Assistant system, in which artificial intelligence (AI)...

SK Telecom to host SK AI Summit in Seoul

South Korea's SK Telecom Co. said on Monday that it will host the SK AI Summit 2024 on November 4-5 at COEX in Seoul, expanding the annual event int...

AI startup MarqVision raises $16.5 mn to close Series A round

MarqVision Inc., a startup developing an artificial intelligence-powered intellectual property (IP) protection platform, raised 22 billion won ($16....

Two out of 5 CEOs hold negative views on Korean startup scene

Nearly half of South Korean startups hold negative views on the country’s startup ecosystem, citing the prolonged startup funding winter and t...

FTC fines Kakao Mobility $55 mn for alleged unfair taxi-hailing service

South Korea’s antitrust body has fined Kakao Mobility Corp., the country’s largest taxi-hailing app operator, 72.4 billion won ($54.9 mi...

S.Korea’s NPS investment arm suffers from chronic understaffing

South Korea’s largest institutional investor, the National Pension Service (NPS), managing 1,150 trillion won ($870.6 billion) in assets, stru...

Samsung, NTT Docomo to cooperate on AI technology

Samsung Electronics Co. said on Tuesday that it signed a memorandum of understanding (MOU) with NTT Docomo, Japan's largest mobile telecommunicati...

LG NOVA hosts Innovation Festival in US

LG Electronics Inc. 's North American Innovation Center (LG NOVA) said on Monday that it held an Innovation Festival last Wednesday and Thursday at ...

Microsoft, KT join forces to propel Korea’s AI innovation

Microsoft Corp. and KT Corp., one of South Korea's top three telecom companies, will drive artificial intelligence transformation in the Korean firm...

Samsung Galaxy AI phones surpass 20 mn units in S. Korea

Samsung Electronics Co. said on Sunday that more than 20 million smartphones in South Korea are now equipped with its Galaxy AI technology, driven...

S.Korea to offer incentives to attract foreign scientists

South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...

Samsung’s first AI tablet comes with MediaTek's Dimensity processor

South Korea’s Samsung Electronics Co. on Friday unveiled its first AI-enabled tablet, the Galaxy Tab S10 series, powered by the high-end Dimen...

Samsung’s Galaxy S24 FE: Budget smartphone packed with AI functions

Samsung Electronics Co. on Friday unveiled the Galaxy S24 FE, the latest addition to its AI-enabled smartphones series, with which the South Korean ...