Korea Inc.’s AI executives double with LG Group leading the pack

Korea Inc.’s AI executives double with LG Group leading the pack

The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...

Everybot buys AI mobility company hycore

Everybot buys AI mobility company hycore

South Korea's service robot company Everybot Inc. acquired AI robot mobility specialist hyCore to expand into the personal mobility sector. Everybo...

SK Hynix: More room for share price rise after bull run

SK Hynix: More room for share price rise after bull run

SK Hynix Inc.'s market value broke through the roof to top 150 trillion won ($110 billion) on Monday, becoming the second stock in South Korea to re...

Facephi to supply ID verification solutions to Samsung Securities

Facephi to supply ID verification solutions to Samsung Securities

South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...

HS Ad unveils LG Uplus ad created by 100% AI

HS Ad unveils LG Uplus ad created by 100% AI

South Korea's HS Ad Inc., an advertising agency affiliated with LG Group, announced on Monday that it launched LG Uplus Corp. 's brand advertising...

Korean AI startups yet to join global unicorn club

Korean AI startups yet to join global unicorn club

The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to jo...

SK Leaveo to start fertilizer coating with biodegradable materials

SK Leaveo to start fertilizer coating with biodegradable materials

South Korea's SK Leaveo, a subsidiary of SKC Ltd. specializing in biodegradable materials, will enter the fertilizer coating market that uses polybu...

SK Telecom to launch AI assistants for corporate clients

SK Telecom to launch AI assistants for corporate clients

SK Telecom Co., South Korea’s top mobile carrier, plans to introduce customized services to connect major large language models (LLMs) and cor...

SK Innovation’s Ulsan plant goes smarter with AI, robot dog, AR tech

SK Innovation’s Ulsan plant goes smarter with AI, robot dog, AR tech

ULSAN, South Gyeongsang Province – At a petrochemical plant run by SK Innovation Co., South Korea’s largest oil refiner, Spot, a robot d...

Samsung, KEPCO to collaborate on power facility tech

Samsung, KEPCO to collaborate on power facility tech

Samsung Electronics Co. and Korea Electric Power Corp. (KEPCO) announced on Friday that they signed a memorandum of understanding (MOU) to cooperate...

SK Hynix mulls HBM production in Japan, US

SK Hynix mulls HBM production in Japan, US

SK Hynix Inc. is investigating the possibility of building a plant for high-bandwidth memory (HBM), vital for generative artificial intelligence, in...

SK Broadband's Filmotalk surpasses 6.6 mn cumulative views

SK Broadband's Filmotalk surpasses 6.6 mn cumulative views

South Korea’s internet service provider SK Broadband Co. announced on Wednesday that the cumulative viewership of its offline film talk concer...

Cosmax develops smart color matching AI system

Cosmax develops smart color matching AI system

Cosmax Inc., South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), built a makeup product development ...

LY vows to keep Line Plus as Naver-SoftBank breakup drags on

LY vows to keep Line Plus as Naver-SoftBank breakup drags on

Japan’s LY Corp., the operator of the country’s top mobile messenger app Line, said on Wednesday it will keep its South Korean affiliate...

Lunit buys breast cancer detection AI firm Volpara Health

Lunit buys breast cancer detection AI firm Volpara Health

Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a New Zealand-based AI ...

Samsung to unveil QLC-based NAND in H2 to lead AI storage market

Samsung to unveil QLC-based NAND in H2 to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...

Naver beleaguered by weak Korean businesses amid Line woes

Naver beleaguered by weak Korean businesses amid Line woes

South Korea’s online giant Naver Corp. is struggling with sluggish core domestic businesses – commerce, search and sports – as Jap...

Samsung’s new AI PC to hit global market in mid-June

Samsung’s new AI PC to hit global market in mid-June

Samsung Electronics Co. will start offering the Galaxy Book4 Edge, a new addition to its latest flagship Galaxy Book4 laptop series and powered by b...

NPS to spur buyout, VC in US tech sector: chairman

NPS to spur buyout, VC in US tech sector: chairman

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, will speed up its private equity (PE) investments ...

SK C&C unveils enterprise-tailored sLLM

SK C&C unveils enterprise-tailored sLLM

SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, announced on Monday that it launched Solur LLM...

Korean Air, Amazon to build AI customer center

Korean Air, Amazon to build AI customer center

South Korea's Korean Air Lines Co. announced on Monday that it will build an artificial intelligence (AI) contact center (AICC) platform in collabor...

Samsung SDS taps generative AI to counter logistics risks

Samsung SDS taps generative AI to counter logistics risks

Samsung SDS Co., the information technology service unit under Samsung Group, actively incorporates generative artificial intelligence and machine...

Conversational AI startup Rapeech attracts $4.4 mn investment

Conversational AI startup Rapeech attracts $4.4 mn investment

South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....

SK seeks to sell 13.3% stake in Chinese food firm Joyvio

SK seeks to sell 13.3% stake in Chinese food firm Joyvio

SK Inc., the holding company of South Korea’s second-largest business group SK, is in talks with Joyvio Group to sell its entire 13.3% stake i...

Samsung releases new Bespoke AI Family Hub product

Samsung releases new Bespoke AI Family Hub product

Samsung Electronics Co. announced on Friday the launch of a new "Bespoke AI Family Hub" refrigerator, designed to offer new AI experiences in everyd...

Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendly ships and digital vessel technology to ride...

SK Signet to supply EV chargers to Gilbarco

SK Signet to supply EV chargers to Gilbarco

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it partnered with Gilbarco Veeder-Root, the wor...

Naver to submit remedies to Japan without A Holdings stake sale

Naver to submit remedies to Japan without A Holdings stake sale

LY Corp., the operator of Japan’s popular messenger app Line, is expected not to propose Naver Corp.’s stake sale in its largest stakeho...

LG to showcase Google AI-enabled home robots in June

LG to showcase Google AI-enabled home robots in June

LG Electronics Inc., South Korea’s top home appliances maker, will unveil home robots featuring Google’s generative artificial intellige...

Samsung, SK Hynix expect chip prices to stay firm in 2024

Samsung, SK Hynix expect chip prices to stay firm in 2024

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chip makers, forecast the prices of DRAM and high-bandwidth memory (...

HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue