POSCO DX develops AI-based roadkill prevention system
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc. announced on Wednesday it developed an artificial intelligen...
Hyundai Glovis opens smart logistics R&D center G-Lab
South Korean shipping and logistics company Hyundai Glovis Co. announced on Wednesday it has opened a research and development (R&D) space for s...
S.Korean public sector's ICT systems to fully convert to cloud
South Korea’s public sector, barring extenuating circumstances, will build its information and communications (ICT) systems in private clouds ...
LG Innotek detects design flaws using AI tech
South Korean electronic parts manufacturer LG Innotek announced on Tuesday it has implemented an artificial intelligence (AI) analysis system to qui...
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...
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...
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 ...
KG Mobility to supply automotive parts to Saudi SNAM
South Korea's KG Mobility Corp., formerly Ssangyong Motor Co., announced on Monday it signed a memorandum of understanding (MOU) for building a part...
S.Korean game developer Smilegate, angel of local startups
Smilegate, South Korean developer of the world’s top first-person shooter game Crossfire, is raising investments in domestic startups despite ...
Blackstone names Koramco preferred bidder for $553 mn landmark
Blackstone Inc. has tapped South Korea’s Koramco REITs Management and Trust Co. as the preferred bidder for prime office building Arc Place, t...
Late Samsung chairman Lee's New Management back in spotlight
As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...
HD Hyundai, Siemens to jointly build smart shipyard
South Korean HD Hyundai Co. and Siemens, a Germany-based global smart engineering company, will jointly develop a data platform for building a smart...
SK Telecom launches cloud cost management platform
South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform that leverages arti...
Brookfield puts Conrad Seoul on market at over $370 mn
Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...
SK Telecom introduces paid currency to metaverse ifland
South Korea's SK Telecom Co. has introduced an economic system to its metaverse service "ifland." With this, users can now purchase items with the c...
HD KSOE builds world’s first mid-size ammonia-fueled vessel
South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE), an affiliate of HD Hyundai Group, is building the world's first mid-siz...
KIC heavily relies on foreigners for alternative investments
Korea Investment Corporation (KIC) entrusted most of its money for investments in alternative assets such as real estate and private equity to forei...
HD KSOE to invest $48 mn in European fuel cell company
HD Korea Shipbuilding & Offshore Engineering (KSOE) announced on Wednesday that it plans to invest 45 million euros ($47.7 million) in the Europ...
Hyundai Wia showcases autonomous parking robot
South Korea’s No. 2 automotive parts supplier Hyundai Wia Corp. announced its participation in the country's largest robotics industry exhibit...
Hanwha Group chair calls for startup-like entrepreneurial spirit
South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its...
Kia to form private-public partnership for EV battery recycling
South Korea's Kia Corp. revealed a plan for the first domestic private-public partnership and initiating a pilot project to create a recycling ecosy...
SK Networks completes acquisition of en-core
South Korean trading firm SK Networks Co. announced on Friday that it has completed the acquisition process of en-core, a leading data solutions and...
Korean language demand creates new overseas markets for startups
South Korean language startups are expanding their business in overseas markets with their local tongue through generative artificial intelligence, ...
Samsung Elec looks to Google, Apple alumni for future growth
Samsung Electronics Co., the world’s top memory chip and smartphone maker, has tapped more alumni from US Big Tech companies such as Google, A...
LG Uplus, Hanwha unveil ceiling-mounted EV charging system
South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...
LS ITC, KEPCO to team up for energy efficiency projects
LS ITC, an IT service unit of LS Group, announced on Friday the signing of a pivotal business agreement with Korea Electric Power Corp. (KEPCO).This...
SK Ecoplant to supply AI-based incinerator tech to Malaysia
South Korea's energy, construction and engineering corporation SK Ecoplant on Friday said it signed a contract with Cenviro, Malaysia's largest publ...
S.Korea to change rocket launch permit system to licensing model
South Korea will change its system for sending projectiles into space to a licensing model covering one to five years instead of requiring approva...
Hyundai E&C, Naver Cloud to develop futuristic healthy housing model
South Korea's Hyundai Engineering & Construction (E&C) on Thursday announced its signing of a deal with Naver Cloud on cooperation in the de...
Hyundai Wia finishes EV thermal management test center
South Korea’s No. 2 automotive parts supplier Hyundai Wia Corp. on Tuesday completed construction of a thermal management test center at the c...
