DeFi platform Neopin unveils plan for Web 3.0, NFT, multichain services

Blockchain firm Neopin announced its strategy to strengthen its foothold in the global DeFi Market on Thursday with four keywords: Web 3.0, multicha...

SK Telecom launches NFT marketplace open beta service

South Korea’s top mobile carrier SK Telecom Co. launched an open beta service of its non-fungible tokens (NFTs) marketplace TopPort as the com...

Popular app operators in South Korea race to create super apps

App operators in South Korea are in stiff competition to create super apps – as clear winners have emerged in different business sectors.The d...

Seoul leans toward alternative military service for BTS

South Korea is leaning toward allowing the K-pop boy band BTS to fulfill alternative service instead of active military duty, the country’s mi...

LX Pantos mulls Air Premia acquisition to facilitate global logistics service

LX Pantos Co., the logistics unit of South Korea’s LX Group, is looking to acquire a controlling stake in local budget carrier Air Premia Co.,...

Hyundai Motor to buy Korean self-driving startup 42dot

South Korea’s top carmaker Hyundai Motor Group is set to purchase autonomous driving startup 42dot, intensifying the automaker’s competi...

KT ups ante with $1.5 billion spending on public sector cloud service

KT Cloud Corp., a unit of South Korea’s telecom giant KT Corp., plans to spend up to 2 trillion won ($1.5 billion) over the next three years t...

Korean Air, its white knight Naver close ranks in digital partnership

South Korea’s national flag carrier Korean Air Lines Co. and online platform giant Naver Corp. are expanding their business cooperation in dig...

SK, Naver to launch cloud services for Korean public institutions

South Korea’s leading cloud computing and software services providers are slated to join forces to launch a service for smart working in Korea...

LG stands out among conglomerates in race to strengthen robotics arms

South Korean conglomerates are rushing to nurture their robotics businesses, encouraged by surging demand for robots in the service industry.LG Elec...

Disney+ to run two BTS shows in HYBE's 1st global content collaboration

HYBE Co., the K-pop label best known for BTS, signed an agreement with Walt Disney Company in its first collaboration with an international content ...

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...

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 ...

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...

Food giants vie for biggest splice of vegan pie 

Veganism, or the practice of abstaining from any animal or animal byproducts, is taking the food and beverage (F&B) industry by storm. Even...

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...

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...

Yoon, Biden highlight 'economic security alliance' following Samsung tour

South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...