Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...

Samsung gears up for foray into space infrastructure industry

Samsung gears up for foray into space infrastructure industry

Samsung Group is stepping up efforts to venture into the space infrastructure industry, a sector analysts say remains a blue ocean where South Korea...

Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

KAIST launches Korean rapper G-Dragon’s music into space

KAIST launches Korean rapper G-Dragon’s music into space

The Korea Advanced Institute of Science & Technology (KAIST) has launched the music and iris image of G-Dragon, a Korean rapper and singer-songw...

AI data center with up to 3 gigawatts of power envisioned for South Korea

AI data center with up to 3 gigawatts of power envisioned for South Korea

An investor group is planning one of the world’s largest data centers for artificial intelligence in South Korea, a sign of red-hot AI de...

Boryung invests $10 million in Intuitive Machines

Boryung invests $10 million in Intuitive Machines

South Korea's Boryung Corp. said on Friday it bought $10.0 million in shares of US-based lunar lander company Intuitive Machines to expand its space...

Robotis, MIT to jointly develop physical AI

Robotis, MIT to jointly develop physical AI

South Korea's Robotis Co. said on Tuesday it partnered with the Massachusetts Institute of Technology (MIT) to develop physical AI.Robotis and MIT w...

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korea has sent hundreds of special forces to eastern Russia for training in recent weeks, according to South Korea’s main intelligence a...

KIC bets on AI-driven value creation: CEO

KIC bets on AI-driven value creation: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...

KT, KT SAT, Nara Space to launch satellite data biz

KT, KT SAT, Nara Space to launch satellite data biz

South Korea's KT Corp. said on Monday it will pursue a joint project utilizing satellite data with KT SAT and Nara Space Technology Inc.The plan is ...

Naver Labs tops in spatial intelligence tech at ECCV

Naver Labs tops in spatial intelligence tech at ECCV

Naver Labs' spatial intelligence technology was recognized as superior to that of Google, Apple, and Meta at the world's leading computer vision con...

Artificial intelligence creates DRAM divide between hot sellers, laggards

Artificial intelligence creates DRAM divide between hot sellers, laggards

In recent years, the big buzz across industries has been around the power of artificial intelligence, with some critics raising concerns about AI ex...

Hanwha teams up with Australian startup for space business

Hanwha teams up with Australian startup for space business

South Korea’s Hanwha Aerospace Co. has joined hands with Australian startup Gilmour Space Technologies in the space business, bolstering coope...

IGIS, Naver Labs to develop tech convergence space platform

IGIS, Naver Labs to develop tech convergence space platform

South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six companies, including Nav...

Hanwha Systems, Airbus to jointly develop space solar cells

Hanwha Systems, Airbus to jointly develop space solar cells

Flexell Space, South Korea's Hanwha Systems Co.'s in-house venture, said on Thursday that it signed a letter of intent (LOI) with Germany's Airbus D...

TelePIX launches AI processor for satellites

TelePIX launches AI processor for satellites

The South Korean satellite startup TelePIX announced on Monday that it sent its high-performance artificial intelligence (AI) processor for satellit...

Hanwha, Univ. of Surrey to team up for space business

Hanwha, Univ. of Surrey to team up for space business

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...

POSCO DX to focus on AI-led intelligent factory systems

POSCO DX to focus on AI-led intelligent factory systems

POSCO DX Co., an IT service arm of South Korea’s POSCO Group, will transform into an AI-enabled intelligent factory system developer to automa...

Hana Bank, SK Telecom to support AI startups

Hana Bank, SK Telecom to support AI startups

South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelerator BootCamp at Spar...

Hanwha’s Flexell Space to supply satellite solar cell to Terran Orbital

Hanwha’s Flexell Space to supply satellite solar cell to Terran Orbital

Flexell Space, an in-house space solar cell-developing startup under South Korea’s Hanwha Systems Co., will supply its tandem flexible batteri...

Samsung to send chips into space via Nuri rocket

Samsung to send chips into space via Nuri rocket

Samsung Electronics Co. said on Friday that it signed an agreement with the domestic micro-satellite startup Nara Space Technology Inc. to develop i...

LG unveils Google’s generative AI-powered robot CLOi

LG unveils Google’s generative AI-powered robot CLOi

LG Electronics Inc. on Thursday unveiled its service robot CLOi GuideBot powered by Google’s multimodal AI model Gemini to foray into the gene...

Hyundai Motor debuts 2025 Avante with improved cluster space use

Hyundai Motor debuts 2025 Avante with improved cluster space use

Hyundai Motor Co. announced on Thursday that it has launched the updated model of the compact sedan, 2025 Avante, and has begun full-scale sales.Sin...

Nara Space selected as IPEF's top-100 climate startups

Nara Space selected as IPEF's top-100 climate startups

South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it was selected as one of the top-100 climate tech startup...

Nara Space attracts $14.5 mn series B investment

Nara Space attracts $14.5 mn series B investment

South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 million) series B inv...

KOTRA opens K-Tech Camp in Paris

KOTRA opens K-Tech Camp in Paris

The Korea Trade-Investment Promotion Agency (KOTRA) announced on Thursday that it established the Paris K-Tech Camp in Paris, France on May 23.KOTRA...

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...

HL Mando, Kakao Mobility to develop autonomous parking robots

HL Mando, Kakao Mobility to develop autonomous parking robots

HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea's HL Group, announced on Thursday that it signed a busine...

Perigee, SSC to cooperate on space launch vehicle

Perigee, SSC to cooperate on space launch vehicle

South Korea's small space launch vehicle startup Perigee Aerospace Inc. announced on Wednesday that it partnered with the Swedish Space Corporation ...

Hanwha Systems to build Jeju Hanwha Space Center

Hanwha Systems to build Jeju Hanwha Space Center

South Korea's Hanwha Systems Co. announced plans on Monday that it plans to establish the Jeju Hanwha Space Center in Jeju Special Self-Governing Pr...

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