China bans export of Korean goods containing its rare earth metals to US
The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military con...
FOMO-driven gold rush lifts kimchi premium on gold to highest level
With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...
Nexon becomes 1st Korean game publisher with over 4 trillion won in sales
Nexon Co., the parent of Nexon Games Co., became the first Korean game developer to achieve the 4 trillion won ($2.8 billion) sales milestone in 202...
SK Ecoplant, BMW team up for battery recycling
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, partnered with German luxury carmaker BMW to...
CJ OliveNetworks to expand cloud management biz
South Korea's CJ OliveNetworks said on Wednesday it will expand its managed service provider (MSP) in the cloud industry, utilizing Naver Cloud and ...
Team Naver unveils digital twin platform in Saudi Arabia
Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday that Team Naver participated in the Cityscape Global 2024...
Samsung SDS, Korea Air Force to cooperate on military logistics
South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...
Instagram poised to crack Korean webcomics market
Big tech has begun its encroachment on the South Korean webcomics market, largely dominated by local players over the past two decades, fanning fear...
Samsung SDS, Ansys Korea to collaborate on cloud solutions
South Korea's Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen its cloud business.Ansys ...
Naver Cloud launches AI meeting minutes service
Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday the launch of Naver Works Clova Note, an AI-based enterpr...
South Korea’s next AI unicorns stand out at KPAS 2024
South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...
LG CNS gets Google Cloud GenAI certification
South Korea's LG CNS said on Thursday that it obtained Google Cloud's Generative AI (GenAI)Service Specialization certification.It's the first Asian...
Yanolja Cloud Solution relocates headquarters to India
South Korea’s top travel and accommodation booking platform operator Yanolja Co. said on Tuesday that it relocated its global solution subsidi...
Microsoft, KT join forces to propel Korea’s AI innovation
Microsoft Corp. and KT Corp., one of South Korea's top three telecom companies, will drive artificial intelligence transformation in the Korean firm...
Naver to set up Middle Eastern headquarters in Saudi Arabia
Naver Corp., which has been actively seeking to unlock opportunities in the Middle East with its new growth engines artificial intelligence, cloud a...
Kia, 42dot, Geotab to team up for PBV management system
Kia Corp. said on Friday it signed a memorandum of understanding (MOU) with 42dot and Geotab to develop a management system for purpose-built vehi...
Naver joins hands with Saudi Arabia to develop Arabic LLM
Naver Corp., South Korea’s largest online platform, has signed a memorandum of understanding with the Saudi Data & AI Authority (SDAIA) to...
One Store vows to crack Apple, Google-led app market with localization
One Store Co., South Korea’s homegrown app marketplace, will take on Apple Inc. and Google LLC in the global app market by offering tailored s...
Samhwa Paint launches anti-rust product Knok-Stop
South Korea's Samhwa Paint Industrial said on Wednesday that it has introduced a new water-based primer, Knok-Stop, designed to convert rust on meta...
Naver Cloud takes the lead in Korea’s public AI business
South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial intelligence market by w...
Yanolja to restructure affiliates to boost profit before Nasdaq IPO
South Korea’s top travel and accommodation booking platform operator Yanolja Co. is seeking to streamline and restructure its affiliates to bo...
SK Telecom logs higher quarterly profit on AI, lower costs
SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...
Kakao supports startups with cloud services
Kakao Enterprise, an AI-based cloud solutions service subsidiary of South Korea's Kakao Corp., announced on Thursday that it started the Rocket La...
AhnLab launches integrated cloud service corporation
South Korea's AhnLab Inc. announced on Monday that it launched an integrated corporation named AhnLabCloudMate to oversee its cloud operation and ...
Upstage, Amazon to cooperate on AI solutions
Upstage, South Korea’s artificial intelligence startup, announced on Thursday that it signed a multi-year strategic collaboration agreement (S...
LG Uplus to unveil quantum proof solution Alphakey
South Korea's LG Uplus Corp. announced on Monday that it will unveil its new integrated account management solution for cloud services Alphakey at Q...
Korea Zinc speeds up separation from Young Poong in management feud
South Korea’s largest zinc smelter Korea Zinc Co. is accelerating its efforts to terminate its decades-long business relations with parent You...
Kosdaq cancels IPO approval for cloud developer InnoGrid
The Kosdaq market under the Korea Exchange said on Wednesday it has canceled its preliminary approval for InnoGrid Co.’s initial public offeri...
Korea’s KT, Microsoft form strategic alliance on AI, cloud sectors
South Korea’s leading telecommunications service provider KT Corp. has formed a strategic alliance with US tech giant Microsoft Corp. to colla...
Yanolja gains momentum with cloud, overseas trip businesses
SoftBank-backed Yanolja Co. cheered stellar earnings in the first quarter after its new businesses – cloud and outbound trip services – ...
