NAVER D2SF Invests in Digital Health and Autonomous Driving Startups

Naver D2SF invests in QSTAG and Veuron Technologies.

Through its startup accelerator D2SF Startup Factory, Naver Co. invested in two new startups in digital health and autonomous driving. ...

Hyundai Mobis plans to inject around 1 trillion won into R&D for sustainable future mobility programs.

Hyundai Mobis to Inject 1 Trillion Won for Future Mobility R&D this Year

by James Jung

May 28, 2020

Hyundai Mobis, a South Korean car parts maker, announced on Wednesday that it would inject around 1 trillion won ($810 ...

SK Innovation Invests $727 Million to Build Second U.S. EV Battery Plant

by James Jung

April 29, 2020

SK Innovation said on Tuesday that it plans to inject an additional 886 billion won ($727 million) investment to build ...

LG Chem to Inject 65 Bln Won to Increase Carbon Nanotube Production

by James Jung

April 27, 2020

LG Chem said Monday that it would inject 65 billion won ($53 million) to boost its carbon nanotubes production manufacturing ...

SKC Raises 1Tr Won Investment Expanding into Mobility and Chip Biz

by James Jung

March 16, 2020

SKC said on Monday that it raises around 1 trillion won ($815 million) of investment to expand into the mobility ...

S. Korea’s SoCar Secures 51 Bn Won Amid Legal Setbacks

by James Jung

February 6, 2020

SoCar announced on Wednesday that the company secured a total of 51 billion won ($43.1 million) since December from several ...

Proptech Startup Spacewalk Raises 8 Billion Won in Series A Funding

by KoreaTechToday Editor

January 20, 2020

Property technology (proptech) startup Spacewalk announced that it raised 8 billion won ($6.85 million) in a recent Series A funding ...

Kia Motors to Inject 29 Trillion Won to its Electric, Purpose-Built Sector

by KoreaTechToday Editor

January 14, 2020

According to Kia Motors Corporation's midterm outline called Plan S, the carmaker will invest 29 trillion won ($25 billion) over ...

Hyundai Motor Group to Invest 100 Trillion Won in Future Mobility

by James Jung

January 2, 2020

Update (April 2, 2020): Hyundai Motor Group announced on March 31 that it would establish a mobility innovation center in ...

Samsung Display to Source Galaxy Fold 2 Glass Screen from Dowoo Insys Co.

by James Jung

December 25, 2019

According to industry officials on Monday, South Korean tech giant Samsung Electronics’ subsidiary, Samsung Display Co., invested 13.5 billion won ($11.6 ...

LG Boldly Invests on its VS Division

by KoreaTechToday Editor

November 18, 2019

Company officials said on Sunday that LG Electronics strengthened its business portfolio by making daring investments in automotive electrical systems ...

Nexon To Reorganize Amid Failing Profits

by KoreaTechToday Editor

September 11, 2019

Failing profits have forced South Korean gaming company Nexon to reorganize its business structure. The move, according to the company, ...

Uber Eats Bids Good-Bye to South Korean Market

by KoreaTechToday Editor

September 10, 2019

After two years of struggling to stay afloat, the U.S.-based food delivery service, Uber Eats, has finally decided to close ...

Yanolja Acquires Hospitality Company eZee and Booking App Dailyhotel

by KoreaTechToday Editor

September 9, 2019

Yanolja, Co., one of South Korea’s largest booking websites, announced their acquisition of two companies in South Korea and India. ...

SK Chairman Meet Brazil’s President To Discuss Business Opportunities

by KoreaTechToday Editor

August 23, 2019

SK Network’s chairman, Chey Shin-won met with Brazil’s controversial president Jair Bolsonaro to discuss possible business opportunities in the country. ...