Daewoong gets stem cell facility license in Indonesia

Daewoong gets stem cell facility license in Indonesia

South Korea's Daewoong Pharmaceutical announced on Tuesday that its subsidiary Daewoong Biologics Indonesia has obtained a stem cell Lab Operational...

Samsung, Princeton Univ. to team up for 6G R&D

Samsung, Princeton Univ. to team up for 6G R&D

Samsung Electronics Co. announced on Tuesday that its fore-front R&D center Samsung Research America (SRA) has joined Princeton University&rsquo...

Mirae Asset's Nasdaq-listed chip ETF soars amid AI craze

Mirae Asset's Nasdaq-listed chip ETF soars amid AI craze

Mirae Asset Global Investments Co., one of the largest asset managers in South Korea, said on Thursday that its exchange-traded fund (ETF) TIGER US ...

KT’s 2023 sales rise to all-time yearly high on wireless, internet business

KT’s 2023 sales rise to all-time yearly high on wireless, internet business

South Korea’s leading telecommunications company KT Corp. on Thursday posted record annual sales revenue for 2023, buoyed by steady growth in ...

Doosan to form $75 mn fund for new techs

Doosan to form $75 mn fund for new techs

Doosan Investment, the corporate venture capital (CVC) arm of South Korea's Doosan Group, has formed a 100 billion won ($75 million) fund, focusin...

LG Elec, Upstage to form partnership for on-device AI

LG Elec, Upstage to form partnership for on-device AI

South Korea’s artificial intelligence startup Upstage said on Tuesday it has signed a memorandum of understanding with LG Electronics Inc. to ...

Rebellions, Superb AI partner to bolster vision AI

Rebellions, Superb AI partner to bolster vision AI

South Korea’s fabless AI chip startup Rebellions Inc. has joined hands with Y Combinator alumnus-led Superb AI Inc., an AI training data platf...

Hanwha Q Cells to unveil Q.TRON G2 solar module

Hanwha Q Cells to unveil Q.TRON G2 solar module

Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, announced on Monday that it will unveil its new solar module ser...

SK Telecom gears up for AI leap in 2024

SK Telecom gears up for AI leap in 2024

SK Telecom Co., South Korea’s largest mobile carrier, will expedite its transition into an artificial intelligence company this year after its...

KIC posts 11.6% return for 2023 amid tech stock boom

KIC posts 11.6% return for 2023 amid tech stock boom

Sovereign wealth fund Korea Investment Corporation (KIC) posted an 11.6% return for last year, driven by strong gains on listed stocks. The state-ru...

Naver Cloud, NHN Cloud to co-work for hyperscale AI

Naver Cloud, NHN Cloud to co-work for hyperscale AI

South Korea's Naver Cloud, the cloud computing unit of Naver Corp., and NHN Cloud Corp., announced on Monday that they have signed a memorandum of u...

Naver Cloud launches real-time streaming feature

Naver Cloud launches real-time streaming feature

South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Friday that it has launched a "real-time streaming" feature for "CLO...

Naver expands Papago with Arabic translation, boosting global reach

Naver expands Papago with Arabic translation, boosting global reach

South Korea's leading online portal Naver Corp. announced on Friday the addition of Arabic translation capabilities to its AI-driven translation ser...

Kakao launches AI-based blood sugar management solution

Kakao launches AI-based blood sugar management solution

South Korea’s Kakao Healthcare Corp. has introduced an artificial intelligence-based blood sugar management solution targeting the global digi...

SK Telecom brings forward 6G era with low-latency tech

SK Telecom brings forward 6G era with low-latency tech

South Korea’s information and communications technology (ICT) major SK Telecom Co. has developed a new technology jointly with US tech giant I...

Korean LPs seek private equity secondaries amid liquidity crunch

Korean LPs seek private equity secondaries amid liquidity crunch

Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...

EcoPro partners with Cirba Solutions for battery recycling

EcoPro partners with Cirba Solutions for battery recycling

South Korean battery materials manufacturer EcoPro Co. said on Thursday that it has signed a memorandum of understanding (MOU) with the US-based l...

SK Networks ties up with US-based Bow Capital for investments

SK Networks ties up with US-based Bow Capital for investments

SK Networks Co., a South Korean trading company, joined hands with Silicon Valley-based venture capital firm Bow Capital for investment cooperation,...

Huneed, DTC to co-work for military radio equipment

Huneed, DTC to co-work for military radio equipment

South Korea's Huneed Technologies announced on Tuesday that it has signed a teaming agreement with the UK-based Codan Communications DTC. The two c...

Rebellions raises $124 mn to co-develop AI chip with Samsung

Rebellions raises $124 mn to co-develop AI chip with Samsung

South Korean fabless artificial intelligence chip startup Rebellions Inc.’s plan to co-develop the next-generation AI chip with the world&rsqu...

Baidu’s AI Ernie to power Samsung Galaxy S24 in China

Baidu’s AI Ernie to power Samsung Galaxy S24 in China

Samsung Electronics Co.'s latest smartphone series Galaxy S24 to be released in China will feature Baidu Inc.’s Ernie Bot artificial intellige...

LG Elec unveils OLED TV featuring world-renowned AI artist in US

LG Elec unveils OLED TV featuring world-renowned AI artist in US

LG Electronics Inc. collaborated with world-renowned artificial intelligence (AI) artist Stephanie Dinkins to showcase art pieces that explore commu...

Carrier releases large inverter air conditioner combining AI, inverter tech

Carrier releases large inverter air conditioner combining AI, inverter tech

Carrier Corp. announced on Monday that it will release a large inverter air conditioner, combining artificial intelligence (AI) and inverter technol...

Korea’s next tech wave in music to mushroom culture  

Korea’s next tech wave in music to mushroom culture  

Investors on the hunt for the next big thing in South Korea explored the country’s next wave of technology at this year’s first demo day...

Bespin Global supplies AI chatbot to Gimpo Int’l Airport

Bespin Global supplies AI chatbot to Gimpo Int’l Airport

South Korea's cloud solution provider Bespin Global announced on Friday that it has supplied its interactive artificial intelligence (AI) platform H...

Samsung flexes AI chip muscles ahead of Altman visit

Samsung flexes AI chip muscles ahead of Altman visit

Samsung Electronics Co. will go all out to win the AI chip race with its most advanced AI memory chip products, its semiconductor business head said...

SK Hynix swings to profit; sees 60% surge in HBM demand

SK Hynix swings to profit; sees 60% surge in HBM demand

SK Hynix Inc. turned a profit in the last quarter of 2023, reversing losses over the past four quarters as high-performance chips such as doubl...

LG Energy to invest in Li-metal battery developer Sion Power

LG Energy to invest in Li-metal battery developer Sion Power

Global lithium-ion battery major LG Energy Solution Ltd. will invest in Sion Power Corp., a US startup holding core patents in lithium-metal battery...

Nike looks to lure Korean customers with Naver’s generative AI ad platform

Nike looks to lure Korean customers with Naver’s generative AI ad platform

Nike Inc., the leading global sportswear brand, has launched an advertising campaign in South Korea on the generative artificial intelligence (AI) a...

Hyundai Mobis unveils human-centric lighting tech for cars

Hyundai Mobis unveils human-centric lighting tech for cars

Hyundai Mobis Co., the world’s sixth-largest auto parts maker, has introduced a system that changes car interior lights depending on a driver&...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot