Dream Energy and Artificial Sun: Korea’s $863.7 M Initiative for Nuclear Fusion Research
On Monday, the Ministry of Science announced that the government will invest 1.2 trillion won ($863.7 million) into developing nuclear...
LG Expands AI Home Connectivity with Major Stake in Athom
LG Electronics has acquired an 80% stake in Dutch technology company Athom to expand its business in AI-powered home connectivity...
Microsoft Teams Up with KT Corp to Drive AI and Cloud Advancements in Korea
South Korean telecom giant KT Corp has announced a strategic collaboration with US tech behemoth Microsoft to strengthen the local...
Luxury Carmaker Ferrari Joins Forces with SK On for EV Battery Innovation
Luxury carmaker Ferrari has teamed up with South Korea's SK On to work on batteries for its future electric vehicle....
LG Energy Solution’s subsidiary KooRoo Launches Battery-Swapping Service for Electric Scooters
LG Energy Solution has officially launched its battery-swapping service for electric scooters through its subsidiary, KooRoo. KooRoo eliminates the inconvenience...
TSMC, SK Hynix Team Up to Counter Samsung in AI Semiconductor Market
SK Hynix and Taiwan's TSMC have formed an "AI semiconductor alliance" as a strategic move to enhance their collaboration in...
KT Unveils AI Lingo Phone: A Tailored Solution for Small Business Success
On the 22nd, KT, under the leadership of CEO Kim Young-shop, announced the launch of the 'AI Lingo Phone' package,...
South Korea’s 2024 Basic Research Project: A $1.5 Billion Investment in Innovation
South Korea announced its commitment to basic research this year, with a planned investment exceeding 2.1 trillion won (US$1.5 billion)...
South Korean President Yoon Suk Yeol Partnership with the Netherlands for Semiconductor
South Korean President Yoon Suk Yeol is set to visit the Netherlands, the first visit by a South Korean leader...
Newly Appointed Minister Pledges to Boost EV Sector, Kickstart Export Surge
During the recent visit to Hyundai Motor Co.'s factory, Newly appointed Industry Minister Bang Moo-kyu pledged to provide extended support...
Naver Introduces HyperCLOVA X: Rivaling ChatGPT in AI Frontier
On Thursday, South Korean tech giant Naver introduced its generative artificial intelligence (AI) tool, HyperCLOVA X. This development places Naver...
Naver Plans AI Expansion for Cross-Industry Partnerships Through HyperCLOVA X
Naver, a prominent South Korean tech company, plans to deploy its AI model, 'HyperCLOVA X..' This artificial intelligence framework, designed...
Telco Giants Unite: SK Telecom and Global Partners Create a Platform for AI-Powered Business Models
SK Telecom, along with leading telecommunications companies from Europe, the Middle East, and Asia, announced the launch of the "Global...
Korean Ministry of Science and ICT Announces $1 Billion Worth of Loans and Guarantees Policy for the Digital Sector
The Ministry of Science and ICT announced a new loans and guarantees policy, worth $1 billion (1.3 trillion won) on...
South Korea introduces new policy measures to promote the exports of digital products
On Monday, South Korea proposed new policy measures for the promotion of next-generation digital products, such as online media platforms,...
Samsung Electronics to invest $22.7 million to improve smart factories of small and medium-sized enterprises
Samsung Electronics unveiled its Smart Factory 3.0 project on Wednesday, committing approximately $22.7 million (30 billion won) over the next...
South Korean display companies aim to strengthen the industry and reclaim global leadership with a $49.21 billion investment
South Korea's Ministry of Trade, Industry, and Energy (MOTIE) plans to strengthen the domestic display industry by collaborating with major...
South Korea announces $135.9 million worth financial support for local shipbuilders
South Korea is providing financial support of up to $135.9 million (180 billion won) to Korean shipbuilders. The Ministry of...
KT plans two next-generation artificial intelligence service robots for the hospitality sector
The South Korean telecom services provider, Korea Telecom Corporation announced the release of two types of next-generation robots. The two...
KT develops and commercializes new 5G Infrastructure Intelligent Control Solution
The information and communication technology (ICT) based telecom service provider of South Korea, KT announced on Wednesday that the enlargement...
