Seoul-backed K-beauty brands set to make global mark

Seoul-backed K-beauty brands set to make global mark

As Korean beauty products continue to captivate global consumers, five Seoul-based cosmetics and wellness companies are gearing up to penetrate deep...

SKC’s US affiliate Absolics receives $100 million in US R&D grants

SKC’s US affiliate Absolics receives $100 million in US R&D grants

Absolics Inc., the US glass substrate affiliate of South Korean chemical materials company SKC Ltd., has been selected to receive up to $100 million...

IONIQ 9, EV9 GT named most anticipated new vehicles in US

IONIQ 9, EV9 GT named most anticipated new vehicles in US

Hyundai Motor Co. 's IONIQ 9 and Kia Corp. 's EV9 GT were selected as America’s Most Anticipated New Vehicles 2025 by Newsweek. This is t...

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...

Nobel laureate Han Kang craze revives Korean book market

Nobel laureate Han Kang craze revives Korean book market

South Koreans are flocking to bookstores to snap up 2024 Nobel laureate Hang Kang’s novels, making her books — and even those of her nov...

Suprema wins security projects in African countries

Suprema wins security projects in African countries

South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, said on Monday it won a contract to supply its fingerprint...

Millie Seojae introduces AI book reader

Millie Seojae introduces AI book reader

Millie Seojae, the e-book platform subsidiary of South Korea's KT Corp., announced on Thursday that it introduced an AI text-to-speech (TTS) feature...

Kyobo Life CEO’s ethical management earns global recognition

Kyobo Life CEO’s ethical management earns global recognition

Kyobo Life Insurance Co.'s Chairman Shin Chang-jae is internationally recognized for setting the global standard for ethical management after two de...

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...

S-1 sees facial recognition AI as core trend in 2024

S-1 sees facial recognition AI as core trend in 2024

South Korea's system securities provider S-1 Corp. has forecasted a significant rise in the demand for AI-powered security solutions this year, pr...

LG Innotek gains int'l licensor status for EV charging tech

LG Innotek gains int'l licensor status for EV charging tech

South Korean electronic parts maker LG Innotek has received global recognition for its international standard patents for electric vehicle (EV) char...

S.Korea’s web novel sector hits $750 mn in value: Study

S.Korea’s web novel sector hits $750 mn in value: Study

South Korea's rising web novel industry, which has seen popular works like "Reborn Rich" and "The Red Sleeve" made into TV series, has exceeded 1 tr...

SK Telecom buys major stake in AICC developer Persona AI

SK Telecom buys major stake in AICC developer Persona AI

South Korea's SK Telecom Co. will boost its artificial intelligence (AI) contact center (AICC) unit to emerge as a comprehensive provider of AICC pr...

Soju: Well-known Korean alcoholic beverage

Soju: Well-known Korean alcoholic beverage

The Korean alcoholic beverage that foreigners are most familiar with is Soju, according to the Korean Food Promotion Institution. The institution re...

Naver Webtoon starts fortunetelling, personality test services

Naver Webtoon starts fortunetelling, personality test services

South Korea's Naver Webtoon has launched a service combining its content with the Myers-Briggs Type Indicator (MBTI), a US test of personality type,...

Kakao Entertainment launches AI brand Helix

Kakao Entertainment launches AI brand Helix

South Korea's Kakao Entertainment on Thursday launched the artificial intelligence (AI) brand Helix, with its first service Helix Push recommending ...

S.Korea's military aircraft exports to NATO get major boost

S.Korea's military aircraft exports to NATO get major boost

South Korea has concluded a deal with the North Atlantic Treaty Organization (NATO) on mutual recognition of certification of military aircraft airw...

S.Korea mulls adding national pension benefits to raise birth rate

S.Korea mulls adding national pension benefits to raise birth rate

South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...

Upstage beats Amazon, Nvidia to rank first in global AI competition

Upstage beats Amazon, Nvidia to rank first in global AI competition

South Korea’s artificial intelligence startup Upstage on Monday said it ranked first in four categories at the International Association for P...

S.Korea's S-1 releases facial recognition reader 2.0

S.Korea's S-1 releases facial recognition reader 2.0

South Korea's system securities provider S-1 Corp. has launched a new solution that reduces the facial recognition time by 40% compared to previous ...

S.Korean startup DeepBrain AI unveils 3D virtual human B2B technology

S.Korean startup DeepBrain AI unveils 3D virtual human B2B technology

South Korean AI startup DeepBrain AI has unveiled a 3D virtual human B2B technology that can engage in real-time conversations, display emotional ex...

S.Korea's Hancom to apply ChatGPT to Hancom Docs

S.Korea's Hancom to apply ChatGPT to Hancom Docs

South Korea's office software developer Hancom Inc. will apply ChatGPT, a generative artificial intelligence (AI) service that allows users to reque...

SK Geo Centric receives int'l recognition for eco-friendly polymers

SK Geo Centric receives int'l recognition for eco-friendly polymers

SK Geo Centric Co., South Korea's chemical firm, has received the globally recognized "GRS" certification for its eco-friendly polymers, the company...

S-1 calls AI video solutions core of this year's AI security market

S-1 calls AI video solutions core of this year's AI security market

Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions such as intelligent cl...

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air Lines Co. announced on Wednesday that it has been newly included in the 2022 Dow Jones Sustainability World Index (DJSI) Korea announced ...

SK Telecom gets global approval for UAM-interworking tech standard

SK Telecom gets global approval for UAM-interworking tech standard

South Korea's SK Telecom Co. on Thursday said the International Telecommunication Union's Telecommunication Standardization Sector (ITU-T) approved ...

KT provides AI-powered voice recognition service to Mercedez

KT provides AI-powered voice recognition service to Mercedez

South Korea’s top wireless carrier KT Corp. announced Thursday that it has launched an AI-powered voice recognition service for Mercedez-Benz ...

AI startup Return Zero transforms phone calls into texts

AI startup Return Zero transforms phone calls into texts

South Korea-based startup Return Zero is enhancing the quality of life for people through its voice recognition app, Vito, which provides phone call...

Hyundai Motor releases 2021 sustainability report with profitability focus

Hyundai Motor releases 2021 sustainability report with profitability focus

Hyundai Motor Co. will focus on ramping up global sales of high-profit vehicles such as its SUVs and Genesis models, according to its annual sustain...

Hyundai Motor unveils AI-powered voice recognition technology

Hyundai Motor unveils AI-powered voice recognition technology

South Korea-based Hyundai Motor Group has unveiled new artificial intelligence-powered voice recognition technology to be installed in mass-produced...

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