Roborock’s privacy policy fuels data leak fears over Chinese goods

Roborock’s privacy policy fuels data leak fears over Chinese goods

A new personal data processing policy from Chinese robot vacuum maker Roborock is raising fears that consumer data could be leaked to or misused by ...

Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds

Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds

Mirae Asset Financial Group, one of the largest asset managers in South Korea, has launched its first exchange-traded fund (ETF) investing in high-q...

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...

SillaJen: First to use lab-grown human tissue to find best cancer drug dose

SillaJen: First to use lab-grown human tissue to find best cancer drug dose

South Korean biotechnology firm SillaJen Inc. is pioneering a new approach to determine the best dose for a cancer drug combination in clinical tria...

Hyundai CEO Muñoz named MotorTrend Person of the Year

Hyundai CEO Muñoz named MotorTrend Person of the Year

South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most powerful figure in the in...

Hyundai Motor taps ex-CPPIB private equity head Suyi Kim for board role

Hyundai Motor taps ex-CPPIB private equity head Suyi Kim for board role

Hyundai Motor Co. has tapped Suyi Kim, former private equity head of the Canada Pension Plan Investment Board (CPPIB) and Benjamin Tan, an ex-portfo...

Lotte Duty Free unveils robot bartender in Gimpo Int'l Airport

Lotte Duty Free unveils robot bartender in Gimpo Int'l Airport

South Korea's Lotte Duty Free said on Thursday it placed its AI-based robot bartenders in Gimpo International Airport.Lotte Duty Free offers robot...

S.Korean gov't to lift two-bottle limit on duty-free alcohol

S.Korean gov't to lift two-bottle limit on duty-free alcohol

South Korean government will lift the number restriction of duty-free alcohol bottles for inbound travelers and halve the patent fees to boost the d...

S.Korea's personal mobilities firm GCoo enters Africa

S.Korea's personal mobilities firm GCoo enters Africa

South Korean personal mobility (PM) company Gbike, the operator of PM sharing service platform Gcoo, said on Wednesday it started the electric kick ...

Celltrion’s 4 new biosimilars win EU approval recommendation

Celltrion’s 4 new biosimilars win EU approval recommendation

Celltrion Inc. is one step closer to commercializing its four new biosimilars in Europe after a committee of the European Medicines Agency (EMA) rec...

Macrogen's GenTok to feature on Samsung Health app

Macrogen's GenTok to feature on Samsung Health app

South Korea's biotech company Macrogen, Inc. signed a supply agreement to integrate its genome analysis platform, GenTok, into the Samsung Health ap...

Shinhan Securities Vietnam launches mobile trading system

Shinhan Securities Vietnam launches mobile trading system

South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "N...

Coupang launches Rocket Pet Doctor 2.0 with personalized pet nutrition

Coupang launches Rocket Pet Doctor 2.0 with personalized pet nutrition

Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday that it has launched "Rocket Pet Doctor 2.0," an upgraded personali...

Naver to lead hyper-personalized shopping trends with super app

Naver to lead hyper-personalized shopping trends with super app

Naver Corp., South Korea's largest internet portal, will launch an AI-driven shopping app in the first half of 2025 to boost its lackluster e-commer...

SK Telecom unveils AI personal agent Aster for global users

SK Telecom unveils AI personal agent Aster for global users

SK Telecom Co. on Tuesday unveiled an AI-driven personal assistant Aster (A*) that understands users' intentions and goes beyond answering simple qu...

After 37 years of use, Kim returns trusty microwave to Samsung with love

After 37 years of use, Kim returns trusty microwave to Samsung with love

For 37 years, a simple microwave made by Samsung Electronics Co. sat in the kitchen of Kim Kyu-won, providing much more than convenience.It was ther...

Pulley Campus, Yonsei Univ. to co-work on educational AI services

Pulley Campus, Yonsei Univ. to co-work on educational AI services

Freewheelin, which operates the AI courseware Pulley Campus for university education, said on Friday that it signed an industry-academia cooperation...

S.Korea's Xingxing to merge Kickgoing

S.Korea's Xingxing to merge Kickgoing

Pump Co., the operator of South Korea's personal mobility (PM) sharing service Xingxing, said on Monday that it will merge with Wololo, the company ...

Samsung Bespoke refrigerator sells 3 mn units in five years

Samsung Bespoke refrigerator sells 3 mn units in five years

Samsung Electronics Co. announced on Tuesday that the cumulative sales of its Bespoke refrigerator in the South Korean market have surpassed 3 milli...

LG CNS launches AI-driven smart farm using satellite

LG CNS launches AI-driven smart farm using satellite

A new AI-powered smart farm utilizing satellite imagery to detect crop diseases and recommend treatment strategies is now operational, LG CNS Co., a...

SK Telecom invests $10 mn in Perplexity

SK Telecom invests $10 mn in Perplexity

South Korea's SK Telecom Co. announced on Thursday that it invested $10 million in Perplexity, the US-based generative artificial intelligence (AI) ...

Everybot buys AI mobility company hycore

Everybot buys AI mobility company hycore

South Korea's service robot company Everybot Inc. acquired AI robot mobility specialist hyCore to expand into the personal mobility sector. Everybo...

SoftBank-backed Balancehero still hungry for bigger market

SoftBank-backed Balancehero still hungry for bigger market

In India, the world’s most populous country, about 1.2 billion people are estimated to have no credit score because most are unbanked, meaning...

NH Investment gets APEC Cross Border Privacy Rules

NH Investment gets APEC Cross Border Privacy Rules

South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...

LG OLED TV's new theme: Empathetic, personalized AI

LG OLED TV's new theme: Empathetic, personalized AI

LG Electronics Inc., the world’s No. 1 OLED TV producer, defines artificial intelligence as empathetic intelligence for customers. On Wednesda...

Some 6 out of 10 working Korean women choose to be child-free

Some 6 out of 10 working Korean women choose to be child-free

More than 60% of South Korean women from their mid-20s to their mid-40s who are currently working have no plan to have children although nearly all ...

SK Telecom sees rise of personal AI assistants as game changer

SK Telecom sees rise of personal AI assistants as game changer

BARCELONA – SK Telecom Co., South Korea’s top mobile carrier, sees the emergence of personal artificial intelligence assistants as a gam...

LG launches new 14-person dishwasher

LG launches new 14-person dishwasher

LG Electronics Inc. announced on Thursday that it released the 14-person LG Dios Objet Collection Dishwasher," which enhances space efficiency and c...

Samyang buys specialty chemical maker Verdant for $257 mn

Samyang buys specialty chemical maker Verdant for $257 mn

Samyang Specialty Solutions LLC, a leading chemical and food products maker in South Korea, has entered into an agreement to wholly acquire Texas-ba...

Palliser Capital urges Samsung C&T reform for $25 bn value-up

Palliser Capital urges Samsung C&T reform for $25 bn value-up

London-based hedge fund Palliser Capital said on Wednesday that Samsung C&T Corp. is 63% intrinsically undervalued and could increase its value ...

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