Korea’s debt-ridden public companies selling off overseas coal mines

Korea’s debt-ridden public companies selling off overseas coal mines

South Korea’s debt-ridden public enterprises are selling off their stakes in overseas coal mines to improve their financial status and stay in...

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co. Group, on Friday s...

Korea's InnoGrid to collaborate with Hyosung for cloud business

Korea's InnoGrid to collaborate with Hyosung for cloud business

InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...

Samsung unveils full 2023 new smart monitor lineup

Samsung unveils full 2023 new smart monitor lineup

Samsung Electronics Co. will release a new lineup of smart monitors with significantly enhanced home office and personalized features.According to S...

S.Korean AI startup Liner Launches multilingual AI chatbot

S.Korean AI startup Liner Launches multilingual AI chatbot

South Korean AI search platform Liner announced on Wednesday the launch of a groundbreaking interactive search chatbot called "Liner Chat," designed...

Saramin launches AI interview coaching service for job seekers

Saramin launches AI interview coaching service for job seekers

South Korean career matching platform Saramin (formerly SaraminHR Co.)  said on Tuesday that it has unveiled an AI interview coaching service t...

S.Korea's tech special IPOs face criticism on poor earnings of ventures

S.Korea's tech special IPOs face criticism on poor earnings of ventures

Around 200 South Korean ventures have debuted on the country’s secondary Kosdaq market through the technology special listing program since 20...

KT launches cloud-based engineering platform

KT launches cloud-based engineering platform

KT Corp., South Korea's largest telecommunications company, announced the launch of its cloud-based high-performance engineering platform service on...

Hugel names ex-CEO of LG Household & Health Care as chairman

Hugel names ex-CEO of LG Household & Health Care as chairman

South Korea's biopharmaceutical company Hugel Inc. on Friday said it appointed Cha Suk-yong, former CEO and vice chairman of LG Household & Heal...

Korea's Hancom, Naver Cloud agree to cooperate in AI field

Korea's Hancom, Naver Cloud agree to cooperate in AI field

Hancom Inc. and Naver Cloud announced on Wednesday a strategic partnership to integrate Naver Cloud's large-scale artificial intelligence (AI) "Hype...

Clearstream acquires QFI status from S.Korea's National Tax Service

Clearstream acquires QFI status from S.Korea's National Tax Service

Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...

Korea's Cafe24 launches customized enterprise service

Korea's Cafe24 launches customized enterprise service

South Korea's global e-commerce platform Cafe24 Corp. announced on Tuesday the launch of a new page called "Cafe24 Enterprise Service," which is des...

Hanjin launches global C2C purchase platform Hoot Town

Hanjin launches global C2C purchase platform Hoot Town

Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...

S.Korea's E-Mart24 provides VAT refund service for foreign visitors

S.Korea's E-Mart24 provides VAT refund service for foreign visitors

E-Mart24 Inc., the convenience store chain unit of Shinsegae Inc. Group, announced on Tuesday that it will resume the value-added tax (VAT) refund s...

Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz

Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz

South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen and ammonia business...

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...

Hyundai Motor, Kia partner with DeepX to develop robotics services

Hyundai Motor, Kia partner with DeepX to develop robotics services

South Korean carmakers Hyundai Motor Co. and Kia Corp. have partnered with DeepX, a domestic startup that specializes in designing AI semiconductors...

Samsung Pay adds Visa to overseas payment service

Samsung Pay adds Visa to overseas payment service

South Korea's mobile payment and digital wallet service Samsung Pay will allow its Visa-affiliated credit cards issued in the country to make overse...

Elon Musk’s SpaceX set for tie-up with KT SAT for Starlink service in Korea

Elon Musk’s SpaceX set for tie-up with KT SAT for Starlink service in Korea

  SpaceX, the rocket and spacecraft manufacturer founded by Tesla Inc. Chief Executive Elon Musk, will likely join forces with KT Corp. to lau...

S.Korean LPs name 41 best alternative asset managers

S.Korean LPs name 41 best alternative asset managers

Blackstone, Hamilton Lane, HarbourVest Partners and Audax Private Equity were jointly named the most preferred PE firms by South Korean institutional ...

Korea's LG CNS launches cloud cost optimization service

Korea's LG CNS launches cloud cost optimization service

LG CNS, a South Korean company specializing in digital transformation, announced on Tuesday the launch of its new service called "FinOps" Clinic.Fin...

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

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...

NHN, KT, Naver to jointly build AI semiconductor farm

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...

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

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...

Korea's LifeSemantics establishes health functional food subsidiary

Korea's LifeSemantics establishes health functional food subsidiary

Digital healthcare company LifeSemantics Co. has entered the health functional food business by creating a new subsidiary, NutraSemantics. The South...

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

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, 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

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’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...

EQT sees huge potential in security services for S.Korean SMEs

EQT sees huge potential in security services for S.Korean SMEs

The digital security market is rapidly growing in South Korea, one of the world’s fastest-aging countries and amid its soaring labor costs.&nb...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders SK Innovation to restore Vietnam’s mangrove forests in ESG initiative LG Electronics' Q2 profit halved as US tariffs bite