Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome

Hanwha Systems Co. is preparing to muscle into a strategic stronghold of South Korea’s missile defense industry, challenging long-time rival L...

Korea to allow non-profits to buy bad consumer loans

Korea to allow non-profits to buy bad consumer loans

The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...

Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown

Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown

Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...

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...

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...

SK Telecom launches PC version of A Dot

SK Telecom launches PC version of A Dot

South Korea's SK Telecom Co. unveiled the multi-large language model (LLM) agent, the PC version of its AI personal assistant service "A. (A Dot)" o...

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...

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...

Hudson AI dreams of a world without language barriers  

Hudson AI dreams of a world without language barriers  

South Korean startup Hudson AI is striving to break language barriers with its artificial intelligence-powered voice dubbing technology, enabling gl...

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...

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...

KHNP builds i-SMR operation simulator

KHNP builds i-SMR operation simulator

Korea Hydro & Nuclear Power (KHNP) announced on Friday that it established a simulator at its central research center to verify the operational ...

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 ...

Pearl Abyss, Tencent to release Black Desert in China

Pearl Abyss, Tencent to release Black Desert in China

South Korea's game developer and publisher Pearl Abyss Corp. announced on Wednesday that it's preparing to launch its cross-platform MMORPG Black De...

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...

SK Telecom eyes tangible results from AI business in 2024

SK Telecom eyes tangible results from AI business in 2024

South Korea’s No. 1 mobile carrier SK Telecom Co. is set to accelerate investments in artificial intelligence to bring more tangible outcomes ...

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...

Krafton makes local soft launch of mobile game 'Bullet Echo India'

Krafton makes local soft launch of mobile game 'Bullet Echo India'

South Korea's gaming giant Krafton Inc. announced on Friday that it soft-launched "Bullet Echo India," developed by global game developer ZeptoLab, ...

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...

Solo Leveling: Arise, Netmarble's webtoon-based game to spur turnaround

Solo Leveling: Arise, Netmarble's webtoon-based game to spur turnaround

South Korean game developer Netmarble Corp. said on Tuesday it is set to launch “Solo Leveling: Arise” — a new title based on a po...

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