SK C&C, Naver Cloud team up to boost AI services for Korean companies

SK C&C, a leading information technology service provider in South Korea, has announced a partnership with Naver Cloud to develop ultra-large ar...

LG Elec, Bayada strengthen cooperation on home care medical devices

LG Electronics Inc. announced on Tuesday that it had signed a business agreement with Bayada Home Healthcare, a US-based company specializing in hom...

LS E-Link partners with Logen to boost EV charging

LS E-Link, a new corporation of South Korea's LS Group that specializes in electric vehicle (EV) charging infrastructure and operation, has signed a...

Doosan Robotics signs medical robot MOU with Chinese company

Doosan Robotics Inc., a South Korean company affiliated with the Doosan Group, announced on Tuesday that it had signed an MOU with Guangxi Pinge, a ...

Wave Lifestyle Tech signs MOU with Saudi gov't to expand robot business

Wave Lifestyle Tech, a South Korean foodtech robot company, said on Monday that it has signed a memorandum of understanding with Saudi Arabia’...

S.Korea's brewery Seoul Jangsu forms marketing tie-up with fashion industry

With South Korea's traditional milky rice wine makgeolli seeing its second heyday centered on the 20- and 30-something crowds, marketing tie-ups tar...

GC Biopharma wins $44 mn flu vaccine order from WHO agency

South Korea's pharmaceutical firm GC Biopharma Corp. said on Monday that it has won a $44.3 million (57.9 billion won) order for flu vaccines in a d...

Korea's KSOE lands $240 mn order for LPG carriers

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, said on Monday ...

NHN, KT, Naver to jointly build AI semiconductor farm

Three large cloud service providers (CSPs) in South Korea will participate as a team in the project K-Cloud pursued by the government to verify dome...

S.Korea’s KCC develops AI-based color matching system

South Korea’s chemical and auto parts maker KCC Corp. on Monday said it developed the K-Smart system of using an artificial intelligence (AI)-...

Kakao halts its own AI chatbot beta service a day after release

Kakao Corp., South Korea’s platform giant operating the country’s No. 1 chat app KakaoTalk, has introduced its first artificial intell...

Bespin Global to work with GBike for smart mobility business in Vietnam

Bespin Global, a cloud delivery platform company based in South Korea, announced on Thursday that it had partnered with GBike, a micromobility tech ...

Hanwha Solutions secures 9.7% stake in US battery materials company

Hanwha Solutions Corp., a South Korean company focused on energy services, petrochemicals and real estate development, recently acquired a 9.73% sta...

Lotte Global Logistics establishes resource recycling platform in Korea

South Korea's Lotte Global Logistics has established a resource recycling platform across ten logistics centers. The company has introduced the solu...

Lunit's Insight DBT gets certification from EU for medical device

South Korean medical AI company Lunit said on Monday that its 3D breast tomosynthesis artificial intelligence (AI) image analysis solution, "Lunit I...

Toray Advanced Materials acquires S.Korea's water treatment company

Toray Advanced Materials Korea Inc. announced on Monday the acquisition of Hanmee Entec Co., Ltd., the industry's longest-running water treatment fa...

Samsung Heavy partners with Kongsberg Maritime for autonomous ships

Samsung Heavy Industries, one of the world’s largest shipbuilders, has signed a joint development agreement with Kongsberg Maritime AS, a Norw...

Samsung gets $191 million profit valuation from investment in Rainbow Robotics

Samsung Electronics Co. is found to have earned 250 billion won ($191 million) in profit valuation from its investment made two months ago in Rainbo...

HD Hyundai to rename subsidiaries to boost brand identity

HD Hyundai Co., a South Korean conglomerate that operates in shipbuilding, construction equipment, oil refining and other sectors, plans to rename i...

Two global shareholder voting advisors oppose activist funds in S. Korea

Institutional Shareholder Services (ISS) and Glass Lewis, the world's two biggest advisory bodies for shareholder voting rights, have recommended op...

Korea to ease foreign ownership limit rules; MSCI upgrade eyed

South Korea plans to ease regulations that limit foreign ownership of big companies deemed crucial to its economy as the government aims to align it...

S.Korean startup Jobis&Villains expands to UK with tax return service

Jobis&Villains Corp., a South Korean startup that offers a tax return service called “3o3,” said on Friday that it had set up a loca...

Tmap Mobility, SWM to collaborate in autonomous driving area

Tmap Mobility Co., a Korean navigation app company, announced on Friday a business agreement to promote cooperation in autonomous driving technology...

S.Korea's Naver gets global compliance certification

South Korea’s top search portal Naver Corp. said on Friday that it had received a global certification for its compliance management system fr...

Upstage’s AskUp offers Korea’s first GPT-4-powered chatbot service

Upstage, a South Korean AI tech startup, has unveiled a new version of its generative AI chatbot powered by GPT-4, to become the first to offer Open...

HD Hyundai forms S.Korea's first integrated carbon footprint team in shipbuilding

South Korea's HD Hyundai Co. has teamed up with domestic shipbuilders and classification societies to form the first integrated "carbon footprint" t...

Korea Eximbank teams up with US small nuclear reactor firm

The Export-Import Bank of Korea said on Thursday that it had signed a memorandum of understanding (MOU) with NuScale Power, a US company that develo...

Samsung denies claim of fake moon photo by premium smartphone model

Samsung Electronics Co. has denied that a photo of the moon in the night sky taken by its premium smartphone Galaxy S23 Ultra is fake, saying as soo...

S.Korea's FutureChem gets approval for phase 3 clinical trials in China

South Korean radiopharmaceutical development company FutureChem Co. announced on Thursday that China's National Medical Products Administration (NMP...

Hyundai Dept. Store Duty Free to launch metaverse duty-free shop

South Korea's Hyundai Department Store Duty Free announced on Thursday that it had signed a memorandum of understanding (MOU) with OlimPlanet for ...