Korea launches $27 mn fund to invest in K-beauty startups

Korea launches $27 mn fund to invest in K-beauty startups

South Korea’s Ministry of SMEs and Startups on Thursday announced the launch of a 40 billion won ($27 million) fund to invest in Korean beauty...

SK Hynix develops high-capacity SSD for AI data center

SK Hynix develops high-capacity SSD for AI data center

SK Hynix Inc. unveiled on Wednesday its high-capacity solid-state drive (SSD) product PS1012 U.2, designed for AI data centers with 61 terabyte (TB)...

Bespin Global, Upstage to co-work on AI platform

Bespin Global, Upstage to co-work on AI platform

South Korea's cloud solution provider Bespin Global said on Monday it signed with Upstage, the domestic artificial intelligence (AI) startup, to bui...

Samsung to unveil 400-layer bonding vertical NAND for AI servers by 2026

Samsung to unveil 400-layer bonding vertical NAND for AI servers  by 2026

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a 400-layer vertical NAND flash chip by 2026 to lead the fast-g...

Naver Cloud launches AI meeting minutes service

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...

SK Broadband to launch nationwide dedicated line service in S.Korea

SK Broadband to launch nationwide dedicated line service in S.Korea

South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...

LG Elec, Ricoh to team up for B2B DX business

LG Elec, Ricoh to team up for B2B DX business

LG Electronics Inc. said on Thursday that it signed a memorandum of understanding (MOU) with global office solutions company Ricoh to discover servi...

Samsung mass-produces QLC V9 NAND to lead AI storage market

Samsung mass-produces QLC V9 NAND to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it has begun mass production of a 286-layer high-capacity NAND...

SK Hynix unveils powerful data-center SSD to maintain AI memory lead

SK Hynix unveils powerful data-center SSD to maintain AI memory lead

South Korean chipmaker SK Hynix Inc. on Wednesday unveiled a new solid-state drive (SSD) for data centers to expand its memory leadership in the AI ...

Samsung expands AI horizon with B2B-specific SmartThings Pro

Samsung expands AI horizon with B2B-specific SmartThings Pro

BERLIN – South Korean tech giant Samsung Electronics Co. is entering the AI-powered business-to-business connectivity platform market with its...

Hanjin to provide logistics services for S.Korean SMEs in Vietnam

Hanjin to provide logistics services for S.Korean SMEs in Vietnam

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, signed a memorandum of understanding (MOU) with the Small Enterprise and Mark...

Samsung to unveil industry’s highest-capacity eSSD in November

 Samsung to unveil industry’s highest-capacity eSSD in November

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil the industry’s highest-capacity enterprise solid-state dr...

LG CNS gears up for 2025 IPO with $5.1 billion in enterprise value

LG CNS gears up for 2025 IPO with $5.1 billion in enterprise value

LG CNS Co., the information technology service unit of South Korea’s LG Group, is gearing up for an initial public offering early next year, o...

Dreamtech builds electronics, medical device factory in India

Dreamtech builds electronics, medical device factory in India

South Korean electronics components maker Dreamtech said on Monday that it built a new factory in India's Greater Noida.The company invested 85.1 bi...

Kakao supports startups with cloud services

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...

SK Hynix develops SSD for AI PCs to be mass-produced this year

SK Hynix develops SSD for AI PCs to be mass-produced this year

South Korea’s SK Hynix Inc. introduced a solid-state drive (SSD) for on-device artificial intelligence PCs for mass production this year, to e...

LG CNS gets AWS Generative AI Competency

LG CNS gets AWS Generative AI Competency

LG CNS Co., a cloud computing services arm of South Korea's LG Corp., announced on Wednesday that it achieved the AWS Generative AI Competency from ...

Rebellions-Sapeon Korea merger to challenge Nvidia’s AI chip dominance

Rebellions-Sapeon Korea merger to challenge Nvidia’s AI chip dominance

Rebellions Inc., a South Korean artificial intelligence chip design startup, is merging with its crosstown rival Sapeon Korea Inc., an AI chip firm ...

Tencent-backed Shift Up seeks June IPO at $2.6 bn value

Tencent-backed Shift Up seeks June IPO at $2.6 bn value

South Korean gaming firm Shift Up Corp. is eyeing an initial public offering on the main Kospi in June, with an enterprise value of 3.48 trillion wo...

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...

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...

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...

LG CNS hosts Startup Day in Silicon Valley

LG CNS hosts Startup Day in Silicon Valley

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it held the Startup Day i...

STX to supply car CKD to Bangladeshi company

STX to supply car CKD to Bangladeshi company

STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...

Korea business lobby group eyes tax reform in new parliament

Korea business lobby group eyes tax reform in new parliament

The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...

Samsung flexes NAND muscle with high-capacity microSD cards

 Samsung flexes NAND muscle with high-capacity microSD cards

Samsung Electronics Co. on Wednesday unveiled two new microSD cards boasting high performance and capacity usually found in solid-state drives (SSDs...

Samsung unveils Galaxy Tab Active5 enterprise version

Samsung unveils Galaxy Tab Active5 enterprise version

Samsung Electronics Co. announced on Friday that its enterprise version of the tablet Galaxy Tab Active5 started to sell on business-to-business (...

Samsung’s new 990 EVO SSD ideal for everyday use, more demanding work

Samsung’s new 990 EVO SSD ideal for everyday use, more demanding work

Samsung Electronics Co., the world’s largest memory chipmaker, on Wednesday announced a new addition to its consumer solid-state drive (SSD) l...

DN Solutions seeks IPO at $3 bn enterprise value on Korea’s main bourse

DN Solutions seeks IPO at $3 bn enterprise value on Korea’s main bourse

DN Solutions Co., formerly Doosan Machine Tools Co., is seeking an initial public offering on South Korea’s main bourse, aiming to make a Kosp...

SK C&C to build Hana Securities STO system

SK C&C to build Hana Securities STO system

South Korea's SK C&C announced on Tuesday that it will supply its blockchain service platform ChainZ Security Token (ChainZ ST) to build the sys...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared