new AI chapter

South Korea's National Pension Service (NPS) decided on Friday to exclude from its portfolio new coal-fired power development projects both at home ...

Samsung Electronics Co. and Germany’s pharmaceutical giant Bayer AG have made a joint investment in the Berlin-based artificial intelligence (...

South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...

It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...

Artificial intelligence-based learning platform Riiid Inc. has raised $175 million from SoftBank Vision Fund 2, the South Korean company said on May...

Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...

Hyundai Construction Equipment Co. (Hyundai CE), an affiliate of Hyundai Heavy Industries Holdings Co., said on May 17 that it has jointly developed...

South Korea’s LG Group will spend about 120 billion won ($106 million) over the next three years to establish a massive high-performance compu...

South Korea’s foundry company DB HiTek Co. has reported the highest quarterly revenue since its establishment in 1997. The company’s reg...

Jin Seoungho, an ex-senior finance ministry official in South Korea, will take office as Korea Investment Corporation's (KIC) new chief executive on...

SK Innovation Co., South Korea's leading electric vehicle battery maker, is on course to raise more than 5 trillion won ($4.5 billion) this year fro...

South Korea’s major companies are increasingly adopting corporate storytelling as a means of rebranding their identities.As the companies enjo...

Korea Transportation Asset Management (KOTAM) has raised $185 million from five domestic institutional investors to commit to BlackRock's new renewa...

South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...

South Korea-based startup Riiid Inc. has been named to the annual AI 100 list issued by global market research firm CB Insights. The AI 100 is a lis...

Semiconductor chips, electric vehicles and artificial intelligence (AI) drove the top 100 South Korean companies' spending on research and developme...

Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in the South Korean mobi...

South Korea’s state-funded Korea Trade-Investment Promotion Agency (KOTRA) is undergoing a full-scale digital transformation to expedite inter...

South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...

Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...

Slightly more than a year since the COVID-19 pandemic upended the business world, the role of management consultants has become important more than ...

South Korea's Police Mutual Aid Association (PMAA) has been looking for a new chief investment officer for a half year, while the sovereign wealth f...

Kia Corp. has now revealed full images of the EV6, its first dedicated electric vehicle (EV), ahead of the car’s world premiere on Mar. 30. Th...

LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...

The Korea Investment Corporation (KIC) has named new heads of its private equity and absolute return groups this week, following the replacement of ...

South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...

South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, will spend 80% of its 2020 operating profit, or 547.8 billion ...

South Korea-based Hyundai Motor Group has unveiled new artificial intelligence-powered voice recognition technology to be installed in mass-produced...