Naver’s web browser Whale challenges global rivals

South Korea’s homegrown web browser Whale, developed by Naver Corp., is quietly increasing its presence in the domestic market, where Google C...

KT beefs up services for foreigners as travel bans ease

South Korea’s leading telecom operator KT Corp. will offer a broader range of services for foreign subscribers ahead of an expected surge in f...

KT, Swift Navigation team up for ultra-precision location service

KT Corp., a major South Korean telecommunications company, has partnered with Swift Navigation Co., a San Francisco-based technology firm, to commer...

Korean startups rely on word-of-mouth marketing for overseas penetration 

Thanks to what some economists dub a borderless economy, more South Korean startups than ever before are looking beyond the peninsula. Seoul-ba...

Hyundai’s US partner Aptiv invests in self-driving startup StradVision

Aptiv PLC, one of the world’s big three autonomous driving technology companies, has agreed to invest 50 billion won ($39 million) in StradVis...

DeepBrain AI to bring back deceased loved ones – virtually 

Perhaps we will soon not be remembering our loved ones only through photos.Imagine a virtual rendition of the deceased speaking at his or her memori...

Pharma companies jump into $3 bn pet care market

South Korean pharmaceutical companies are jumping into the animal medicine and diagnostics market to target the rapidly growing pet care market, whi...

LG, Kakao Mobility to roll out autonomous delivery robot service

LG Electronics Inc. and Kakao Mobility Corp. have agreed to form a future mobility technology partnership with an aim to jointly launch an autonomou...

LG CNS launches AI robot subscription service for warehouse operators

LG CNS unveiled a cloud-based logistics robot subscription service on Tuesday, which could save warehouse operators a significant amount in upfront ...

Pet health: Korean genetic testing firms' new target market

South Korean direct-to-consumer (DTC) genetic testing companies are rushing to the veterinary diagnostics market where they see greater potential gr...

TVing partners with Paramount Plus to challenge Netflix in Korea

South Korea's over-the-top streaming platform TVing Co. has partnered with global content provider Paramount Plus to challenge top OTT player Netfli...

LG Uplus’ Uplus Drive to be installed in Lexus New Generation NX series

The in-vehicle infotainment (IVI) system by LG Uplus will be equipped in the new line of vehicles by Toyota Motor Corp. and its luxury division Lexu...

Disney+ becomes white elephant for LG Uplus 

For South Korea’s wireless carrier LG Uplus, Disney+ may have become more trouble than it is worth.The country’s video-on-demand over-th...

Costco enters dawn delivery service market in S.Korea

Costco Wholesale Corp, a big-box retail giant, has begun dawn delivery services in South Korea as e-commerce is becoming the norm in the nation's gr...

Kakao Mobility to launch car transport service in June

South Korea’s Kakao Mobility Corp. will begin providing drivers for door-to-door auto transport from as early as mid-June, according to tech i...

SK set to buy stake in Bill Gates' TerraPower

SK Innovation Co., South Korea's leading petrochemical company, is planning to buy a stake in TerraPower, a US nuclear power venture founded by Bill...

Hyundai Robotics, Vodafone to provide service robots in Germany

South Korean robotics firm Hyundai Robotics Co. announced it signed a letter of intent for a business partnership with global telecommunications gia...

NongHyup to gain toehold in southwest Asia with India branch

NongHyup Bank, a major arm of South Korea's National Agricultural Cooperative Federation, got the nod from India last week to open its first branch ...

SK transmits 5G, mobile edge computing-based TV signals

South Korea’s SK Telecom Co. has become the world’s first company to transmit television signals on the 5G and mobile edging computing (...

UK satellite firm OneWeb to provide services in Korea

UK’s satellite company OneWeb plans to provide services for airlines and ships in South Korea where its geographic conditions kept the existin...

Korean real estate investors look to secure liquidity post-pandemic

South Korean real estate investors prefer liquidity and stable payback on investment, as well as investing in debts amid market uncertainty. The lim...

Hyundai Glovis forms Thailand JV to expand SE Asia biz

South Korea’s Hyundai Glovis Co. set up a logistics joint venture in Thailand to expand its business in Southeast Asia.The logistics unit of S...

Korea's top patient monitoring device maker targets pet sector

South Korea’s leading patient monitoring device maker Mediana Co. is targeting the pet medical industry while seeking an artificial intelligen...

GS Retail shares tumble as new services widen losses

Shares in South Korea's GS Retail Co. suffered their worst percentage fall in nearly five years on May 6, after the convenience store operator's fir...

SKT, SK Square invests $40 mn in Korea metaverse game firm

South Korea’s top mobile carrier SK Telecom Co. and its spin-off SK Square Co. have together invested 50 billion won ($40 million) into a loca...

Shinhan to boost Vietnam digital services with Tiki

South Korea's Shinhan Financial Group has picked Vietnam’s e-commerce startup Tiki as its first strategic partner in the Southeast Asian count...

Korea consumption, facility investment down in March

South Korea’s consumption and capital expenditures fell last month although production rebounded, government data showed, indicating the momen...

Affinity Equity to refinance Serveone to recoup investment

Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...

Korea’s Yoon govt to raise nuclear power to 34% of energy source

South Korea’s incoming government plans to extend the service life of eight more nuclear power plants than originally planned as President-ele...

KT showcases AI-powered robots, traffic control program at tech fair

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...