military autonomous driving technology
Scope
Date
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Aerospace & Defense
LIG Nex1, Eugene plan $80.5 mn fund for Korea defense startups
LIG Nex1 Co., South Korea’s major defense exporter, plans to set up a $80.5 million venture investment fund with Eugene Investment & Secur...
Mar 16, 2022 (Gmt+09:00)
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ESG
SK Geo Centric invests $55 mn in US plastic waste recycling firm
South Korea’s SK Geo Centric Co. invested $55 million in US plastic waste recycling company PureCycle Technologies Inc. in a move to transform...
Mar 15, 2022 (Gmt+09:00)
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Edtech startup Riiid joins Fast Company's list of most innovative firms
South Korea’s AI education startup Riiid has made it onto Fast Company's annual list of the World’s Most Innovative Companies. Since 20...
Mar 11, 2022 (Gmt+09:00)
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Chief Executives
Thanks to deep learning, we're in biggest tech boom cycle: GFT Ventures
"We believe we're in one of the biggest technology boom cycles,” said Jeff Herbst, co-founding managing partner of Palo Alto-based GFT Venture...
Mar 08, 2022 (Gmt+09:00)
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Economy
Korea GNI per capita at record on strong economic growth
South Korea’s gross national income (GNI) per capita hit a record high last year on strong economic growth, as well as the firm won currency a...
Mar 03, 2022 (Gmt+09:00)
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Korean SMEs
Smart factories drive Korea SMEs to reshore overseas plants
South Korea’s small and medium-sized enterprises adopted smart factories for survival as the digitalized facilities improve productivity and q...
Mar 03, 2022 (Gmt+09:00)
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Korean startups
Korean drone manufacturer aims for 2023 Kosdaq IPO
South Korea's commercial drone manufacturer Nearthlab plans to apply for an initial public offering this year to get listed on the junior Kosdaq mar...
Feb 17, 2022 (Gmt+09:00)
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Korean biotech startup signs license deal with US firm
South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...
Feb 17, 2022 (Gmt+09:00)
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Bio & Pharma
Lotte to develop seawater-degradable bioplastic material
South Korea’s Lotte Chemical Corp. plans to develop a decomposable bioplastic material in seawater for production based on petrochemicals for ...
Feb 15, 2022 (Gmt+09:00)
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Metaverse
Genie Music sets itself apart with focus on metaverse, NFTs
Audio streaming platform Genie Music Corp. has held four metaverse concerts for K-pop singer Jamie Park so far this month. At one point during ...
Feb 14, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Samsung buys $2.3 bn Bioepis stake from Biogen to end partnership
Samsung Biologics Co. is acquiring a nearly 50% stake in a biosimilar joint venture with Biogen Inc. from the US biotechnology company for $2.3 bill...
Jan 28, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Daewoo Shipbuilding to look for domestic buyer: KDB
The state-run Korea Development Bank (KDB), the main creditor of Daewoo Shipbuilding and Marine Engineering Co., said on Thursday it will look for a...
Jan 28, 2022 (Gmt+09:00)
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Carbon neutrality
SK Group to establish $835 mn green biz R&D complex
SK Group, South Korea’s third-largest conglomerate, plans to invest more than 1 trillion won ($835.3 million) in a research and development co...
Jan 26, 2022 (Gmt+09:00)
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Future mobility
LG Omnipod: A self-driving home on wheels
LG Electronics Inc. is bringing a life-size model of its future mobility autonomous concept vehicle to the real world.The LG Omnipod, a mobility con...
Jan 25, 2022 (Gmt+09:00)
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Monthly trade infographics
Plastics drive Korea's highest-ever exports in 2021
Plastics rise as Korean SMEs’ main export Many Korean small and medium enterprises performed exceptionally amid the economic recovery in 2021...
Jan 24, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Materials, parts makers drive Korea's 2021 M&A boom
Materials, components and equipment makers drove South Korea's mergers and acquisitions market to a record high last year, with smaller deals involv...
Jan 18, 2022 (Gmt+09:00)
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Automobiles
Motional to begin robotaxi dispatch next year
US-based autonomous vehicle company Motional Inc. announced its plans for the commercialization of driverless cars based on the all-electric Hyundai...
Jan 13, 2022 (Gmt+09:00)
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Private equity
Baillie Gifford, Allianz increase holdings in 3D tech firm Koh Young
Global asset managers are increasing shareholdings in Koh Young Technology Inc., Korea’s leading 3D image measurement tech firm listed ...
Jan 13, 2022 (Gmt+09:00)
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Pharmaceuticals
ABL Bio in $1.06 bn deal with Sanofi for Parkinson's disease treatment
South Korea’s ABL Bio Inc. has signed a $1.06 billion contract to license out its technology for a Parkinson's disease treatment candidate t...
Jan 12, 2022 (Gmt+09:00)
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Automobiles
Self-driving car stocks to lead auto sector shares in 2022
Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...
Jan 05, 2022 (Gmt+09:00)
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Artificial intelligence
SK Telecom taps AI expert as new technology chief
SK Telecom Co., South Korea's top mobile carrier, has tapped its e-commerce arm's chief executive and artificial intelligence (AI) expert Lee Sang-h...
Jan 04, 2022 (Gmt+09:00)
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Future Mobility
Hyundai to launch Level 3 self-driving Genesis G90 in H2
Hyundai Motor Co., South Korea’s top automaker, aims to roll out mass-produced hands-free Level 3 self-driving cars, starting with the flagshi...
Jan 02, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy’s heir apparent to unveil future vision at CES 2022
Hyundai Heavy Industries Group’s heir apparent will introduce the future vision of the world’s largest shipbuilder at an upcoming US tra...
Dec 30, 2021 (Gmt+09:00)
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Korean startups
Germany's ZF to invest in Korean self-driving startup
Germany's car parts maker ZF Friedrichshafen is in the final stages of negotiations to invest around 20 billion won ($17 million) in StradVision, a ...
Dec 28, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to showcase autonomous ship at CES 2022
Hyundai Heavy Industries Group, the world’s largest shipbuilder, is set to showcase its latest and next-generation mobility technology related...
Dec 21, 2021 (Gmt+09:00)
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Future mobility
Nexen Tire invests in US urban air mobility startup ANRA Technologies
Nexen Tire Corp., Korea’s third-largest tire maker, has made an undisclosed amount of equity investment in ANRA Technologies, a US urban air m...
Dec 20, 2021 (Gmt+09:00)
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Korean chipmakers
Energy-saving chips emerge as new battleground
Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...
Dec 20, 2021 (Gmt+09:00)
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Future mobility
Hyundai’s Motional, Uber to launch self-driving food delivery service
Motional Inc., a US mobility joint venture between Hyundai Motor Co. and Aptiv PLC, has teamed up with Uber Technologies Inc. to provide an autonomo...
Dec 17, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung supplies self-driving, infotainment chips to global carmaker
Samsung Electronics Co. is supplying advanced memory chips to an unidentified global automaker for use in its self-driving and infotainment systems....
Dec 16, 2021 (Gmt+09:00)
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Petrochemicals
Contrarian leader's bets drive Kumho Petrochem's record profits
At the end of last year, executives of Kumho Petrochemical Co. were in a heated debate on whether or not to expand the capacity of nitrile butadiene...
Dec 16, 2021 (Gmt+09:00)
Latest News
- 1 Xiaomi to open first offline store in S.Korea with premium products
- 2 Loss-making Lotte Chemical to sell water treatment unit to Synopex
- 3 Google to invest $100 mn in Gentle Monster in smart glasses push
- 4 Growth equity portfolio largely shielded from policy headwinds: Summit
- 5 Naver Financial seeks to acquire S. Korean real estate data platform Asil