South Korea to ease regulations for data-driven healthcare startups
South Korea is planning to nurture the biotechnology industry as a new economic growth engine. Choo Kyung-ho, Korea’s Finance Minister, ...
Tag: South Korea
SK Telecom, KT Corp., and LG Uplus Hit with $25.4 Million Fine for Misleading 5G Speed Claims
South Korea's antitrust regulator, the Fair Trade Commission (FTC), has imposed a combined fine of 33.6 billion won ($25.4 million) ...
Google, Microsoft Threaten Naver’s Dominance as Search Market Share Declines
Naver Corp., the longstanding leader in the Korean search engine market, faces increasing competition from global tech giants like Google ...
Naver Webtoon’s Toon Filter Records 20mn Global Image Conversions
South Korea's largest webtoon platform, Naver Webtoon, has announced the upcoming launch of an English version of its AI art ...
South Korea’s technology exports fall, creating a trade deficit of $4.3 billion
South Korea's trade deficit reached $4.3 billion in the first 20 days of May. According to Korea Customs Service, a ...
Samsung and LG to Collaborate to Produce OLED displays
Samsung Electronics and LG Display have reportedly reached an agreement to collaborate on organic light-emitting diode (OLED) displays, marking a ...
LG Electronics Unveils LG CreateBoard Series for Digital Learning in Education
LG Electronics has recently unveiled its latest offering, the LG CreateBoard series, in an attempt to transform the education sector. ...
NAVER’s ZEPETO Avatars to Get Smarter with Integration of Google’s PaLM 2
NAVER Z, the operator of the virtual world platform ZEPETO, has announced plans to expand the use of ZEPETO avatars ...
Hyundai Motors’ First EV-Dedicated Factory in Korea to Open Soon
South Korean automaker Hyundai Motor Co has announced that it has invested KRW 2 trillion ($1.5 billion) to build an ...
Hyundai Motor Group partners with IGIS Asset Management to develop robot-friendly smart Buildings
Hyundai Motor Group has partnered with IGIS Asset Management to develop modern and intelligent workplaces that provide diverse conveniences, leveraging ...
Samsung Galaxy Watch to debut Irregular Heart Rhythm Notification feature in upcoming One UI 5 Watch update
Samsung has received FDA clearance for its Irregular Heart Rhythm Notification (IHRN) feature on the Galaxy Watch. The feature aims ...
K-Startup Grand Challenge 2023: Deadline for applications approaching for global startups to join South Korea’s most prominent acceleration program
The K-Startup Grand Challenge (KSGC), an all-paid 15-week residency for deep tech startups, is accepting applications until May 18, 2023, ...
Semiconductor, automobile and other factory output goes up by 5.1 percent in Korea
South Korea's factory output observed a 5.1 percent rise in March. Statistics Korea, the official statistics generator of South Korea, ...
LGES announces $448 million for Chungcheong plant advancement into a global technology hub
The battery production branch of LG Group, LG Energy Solution Ltd (LGES), has announced a $448 million, or 600 billion ...
Korea plans a $422 million investment for nurturing the software sector
South Korea's Ministry of Science and Information and Communication Technology (ICT) disclosed a $422.6 million i.e. around 560 billion Korean ...
LG Chem to construct next hub of K-battery in Korea with China’s Huayou Cobalt
South Korea's petrochemical and electronic material manufacturer, LG Chem announced its partnership on Monday with China's Huayou Cobalt, a mining ...
Korea’s automobile exports hit an all-time high amid ascending electric vehicle demands
On Monday, South Korea reported an increase in automobile exports with a $17.099 billion worth of value in the first ...
South Korea eyeing to power up the global supply chain of lithium and other major minerals
South Korea dispatched a joint delegation to South American nations, Chile and Argentina on Monday. According to the South Korean ...
South Korea to spend $515 million on the nuclear energy sector
South Korea’s Ministry of SMEs and Startups announced a 675 billion won i.e. around $515 million investment for the nuclear ...
Curexo to develop AI-based medical robots with Microsoft
South Korean medical robots provider Curexo Inc. has signed an agreement with the American tech giant, Microsoft. With this deal, ...